ERHC Energy Inc (ERHE)

[Julius Erving]

Homebrew,

I am really happy with the fact that I, not long ago, bought substantial amounts of ERHC shares in these low ranges.

I don't see the huge volume returning again at these prices.

I think we will first see news about developments on the litigation-front before any large volume trading will return.

Kosmos and Total will have to decide what their next step will be: more litigation, or a deal regarding over block 4.

They have to make a choice in the short term because they are obviously interested in the EEZ.

What do you think they will do? A deal or more expensive litigation? They are probably in talks right now, to work out a deal? And if they don't come to a satisfying outcome for both parties, they can always go the litigation path…

Let me hear what you think?

Of course either way ERHC is part of the deal, and therefor part of the new exploration venture in the EEZ (and JDZ?).

So that's the reason that I did buy substantial amounts of ERHC shares at these current price levels, when it was still possible.

Very happy with that decision. I would not like to be on the sideline watching this just for 'entertaining value'. There is obviously real value also, and that would be more entertaining for the long run.

Do you also already have a clue who paid for the ERHC lawsuits and why?

Is it going to be more litigation or a TOTAL/KOSMOS deal?