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Post# of 18778
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sneak-attack

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sneak-attack

Re: None

Wednesday, 07/03/2019 8:28:47 AM

Wednesday, July 03, 2019 8:28:47 AM

Post# of 18778
Since ERHE is rumored to control 60% of JDZ Blocks 2, 3, 4 and 15% of 5 & 6 and 20% of block 9 to go along with Nigerian OPL 242 and OPL 291 they may be able to get a 5% free carry along with a $100 million in cash from TOTAL FINA.

The other option would be for ERHE to Exchange All of their JDZ percentages less a 5% Free Carry in Every JDZ block and the two deepwater Nigerian blocks 242 and 291 that Total would have control of.

In any event ERHE could possibly get a 5% free carry in 9 JDZ blocks, 2 in Nigerian blocks and 1 EEZ block 4.

In all ERHE could get a free cary in 12 deepwater blocks operated by TOTAL FINA.

Please conduct your own research in case I am Mistaken

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