Take your pick. Sorry, I'm not computer savy enough to run an official board survey so lets make our pick from the below choices. ............................................................... ............................................................... Choice #1: SNP buys-in or buys-out ERHC.
Choice #2: ONGC/SNP subsidiary buys-in or buys-out ERHC.
Choice #3: Chevron buys-in or buys-out ERHC.
Choice #4: ERHC goes alone becoming a true E & P.
Choice #5: Shell buys-in or buys-out ERHC.
Choice #7: XOM buys-in or buys-out ERHC.
Choice #8: CVX/XOM Subsidiary buys-in or buys-out ERHC.
Why??? I believe if the initial rumors of OBO-1 were true, CVX isn't going to allow this to slip away. There are good arguements for some of the other choices but I have to go with CVX and the difficulty powerful majors are having in replenishing their reserves. Also, the time its taken to get the real info out on OBO-1 tells me they aren't done shopping yet. How much would I be willing to bet that my choice is correct?????? Not much....more like a lean in that direction.