ERHC Energy Inc (ERHE)

[Krombacher]

Again, there's nothing in the original agreement between STP and ERHC that provides for the extension of ERHC's rights on the block in the case that ERHC were to sign a PSC either.

So why is it that you can take the liberty to assume that a PSC means the block is "in production", but I can't do the same with the Assignment Agreement with an operator who would do the producing?

Seems like a double standard that you're applying.

And how did Oranto get an extension in November on its block 3? Did they have a PSC? Back then?

Krombacher