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Re: Krombacher post# 336233

Saturday, 03/14/2020 11:35:59 AM

Saturday, March 14, 2020 11:35:59 AM

Post# of 360711
IMO, IF, there were any %'s outside of a free carried position, the %'s would have to be a paid % as per the JDZ rules surrounding those up to 15% options ERHC was awarded. Also those options had to be applied to a Block at the time of the PSC on said block.Not sure why we wouldn't have been notified /advised of what the PSC said about ERHC and Block 11 as it would be in print. the Block would of have had to be an unliscenced block at the time as well.

still holding my shares here!
Baz




https://www.offshoreenergytoday.com/erhc-transfers-sao-tome-and-principe-block-11-to-kosmos/