ERHC Energy Inc (ERHE)

[Opus X]

Agree with all your points.... it sure seems like PN has thought about these oil macro issues for awhile and how the PSC and Africa needs to change to be more welcoming to the new current and future reality. IMO as well as yours, this article is a product of his recent thoughts and work.

IMO, ERHE is still in the game and is just waiting for confirmation of the Sao Tome & Principe geology on block six to pull the sheets off with Total. Not just on EEZ but the JDZ as well to further Total's new strategic direction in energy supplier.

Personally, I would not be surprised that if there is a new contract to be written with Total, it will include a significant % of participation of future oil/gas revenue for ERHE.

Thanks kingpindg for the find and Krombacher for your thoughts.

OX