ERHC Energy Inc (ERHE)

[oldoil]

OK...I see the dilemma, Yes, ERHC is in debt for $13, million. That's equivalent to 4,000. barrels of crude.
Here's the tough stuff to understand.

There are many many drilling sites in Block 13 Kenya. Our unsuccessful first drill anticipated 300 million barrels...600 million possible. Chad has 700 million barrels possible, JDZ multiple Billions of crude.
GEE, when you put it that way....what's a lousy 13, million bucks? (has CEPSA left?)

Kenya.... 300,000,000 X $55.00 = $16 Billion possible....And that's the "rest of the story" imo