ERHC Energy Inc (ERHE)

[oldoil]

I know you are out of posts but when you're back consider:

Though block 11A in Kenya had a smaller projection than that of our block 4. We negotiated a 35% carry on block 11A. Had CESPA hit commercial oil find there, ERHC and shareholders would have been richly rewarded.
So if Block 4 could be considered more prolific than 11A, why would Peter (SEO) want a measly 100. million plus 5%? Just doesn't make sense to me at all.
A more likely deal would be $300. million plus 25-35% carry. Tell me why or why not?

This higher return on block 4 would put ERHC in the CASH drivers seat to maybe be an operator in some of the JDZ blocks OR...?
I doubt SEO is likely to do a giveaway on any of ERHC blocks..He's an experienced businessman with proven successes and , After all , ERHC is his step-child that puts his reputation on the line.

Just my opinion. I'd like to see ERHC prosper and have a continued business life in the oil patch.