ERHC Energy Inc (ERHE)

[Opus X]

My comment was made at the 30,000 ft level.......I have not done a deeper dive on KOS financial viability. I do recall that they are highly leveraged and I’m not sure if they have any debt coming up this year for payment, but if they haven’t hedged their oil production over the next year at a high % then they are going to jettison their assets possibly to the highest bidder just to cover interest payments and reduced operational costs. IMO.

Total should be striking quickly on this as the current situation looks the bleakest.

Opus X