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Post# of 18778
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sneak-attack

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sneak-attack

Re: None

Sunday, 04/07/2019 6:04:25 PM

Sunday, April 07, 2019 6:04:25 PM

Post# of 18778
Could Nigerian Starcrest Energy pick up the 55% share of OML-40 that the Nigerian Government Controls for "X" compensation?

Starcrest could control 80% of OML-40.

Could ERHE purchase 30% of OML-40 from Starcrest with the proceeds from Total Fina for EEZ block 4?

OML-40 produces about $657 million a year in gross revenue. The Nigerian Government receives about $133 million for it 55% after also receiving about $328 milion in taxes on OML-40.

ERHE could receive about $98 million in yearly revenue with 30% share of OML-40.

STARCREST ENERGY could load up ERHE with other Marginal Oil Field Assets going forward in Nigeria.

ERHE, Operating on SEO'S HOME TRUF COULD BE UNSTOPPABLE!

Please conduct your own research in case I am Mistaken.

Sneak-attack

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