ERHC Energy Inc (ERHE)

[kingpindg]

Nice find, Krom, but recall that while not yet confirmed to be involved in Block 4, Total is the operator of EEZ Block 1.

However, Total is a deep-pocketed super major that doesn’t need anybody’s help to bring a block to first oil. Oranto, on the other hand, needs all the help they can get and they’ve been looking for partners for years. And, yes, they are the operator of record for blocks in the JDZ, EEZ and Namibia, so I believe these offerings come from Oranto.

But, as you say, if their JDZ and EEZ valuations are accurate, that would be a positive for ERHC.




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