Addax Petroleum (fka AXC)

[sneak-attack]

Nice Theory. Since CESPA was carrying ERHE and the Kenyan Government's dhare of cost on the first well in Block 11A and would continue to carry the cost for the second well, provided that the results from the fist well warranted such a move.

Why would ERHE record their share of cost on their books. After all, if they were closing the doors as some here would have you believe.

ERHE maybe coming into some money so as to charge off the drilling Expense against.

Just the way I See it, so please conduct your own research as I maybe mistaken.

Just Food for Thought and Thanks Krom for yours.

Sneak