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Re: DegenerateGambler post# 13891

Sunday, 02/25/2018 9:36:38 PM

Sunday, February 25, 2018 9:36:38 PM

Post# of 18778
Bankruptcy is not an option as SEO would lose control of those assets and that my friend is not going to happen.

The Kenya asset is still in play as Kenya has not announced that Block 11A has been taken away from ERHE.

Total Fina may also be interested in the two deepwater blocks in Nigerian waters that were part of the Starcrest deal.

Exxon wanted back into JDZ block 2. Could Total make a play for ERHE Assets.

Could ERHE be a takeover target to operate the deepwater blocks in name only as a U.S. based Forgien Subsidiary yielding higher profits with a 21% tax base.

Just Food for Thought!

Sneak

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