ERHC Energy Inc (ERHE)

[midtieroil]

As I said before CEPSA had the chance to take the entire block for nothing and declined to do so. I put the chance of them coming back as zero.

And, in case you don't know, there are a bunch of blocks available in Kenya right now and nobody is jumping on those either.

We still don't have verification from ERHC or Kenya that ERHC retained their interest in the Kenya block after failing to live up to their financial obligations there. With the new paradumb, it could be going, going, gone. Block 4 in the EEZ is in arbitration with a lawsuit backing it up. And blocks 5 and 6 in the JDZ are also in limbo. With the Chad blocks gone also there ain't much left. JDZ blocks 2,3 and 4 haven't had a partner in 7 years after 5 consecutive dry holes.

Did you notice ERHC was down another 33% today. I feel for those that bought at .0003 and already lost a third of their investment.