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Friday, July 21, 2017 6:12:29 PM
So, while it appears they gave back that additional 35% for nothing, would it be better to be sitting on 65% of a block where no progress is being made, or to have 30% of a block where there could now be another shot at drilling by someone like, say, the rumored ExxonMobil?
Now, of course there is the question about how ERHC will pay their way, which would most likely have to be via a farm-out, and whether or not they can get a partner, but that can be left for a future discussion.
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Recent ERHE News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/06/2024 07:31:22 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 05:35:35 PM
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