ERHC Energy Inc (ERHE)

[RKT989]

Total had not committed to rights with ERHC on block 4..Greed sometimes loses as Total may be finding out

Aramco has money to burn (4 % on 2 trillion dollars is 80 Billion dollars a year in interest and they are getting more than that in their investments)
An impasse (per Sao ANP) was the state of Block 4 and that is why Aramco was invited in.
I am afraid the problem with Shell and Total and others involved is the fact that Nato countries have been use to stealing assets from Africa and other places deemed not worthy to make "too much" on their assets has come to an end.Near eastern countries like Egypt and Saudies and others are done with the bullying and so US and some Nato countries are bringing war to hold on to what influence they have left and that is effecting the activity in the EEZ and JDZ at this point in time. Aramco wants assets out of the Middle east tension and possible wars coming
That is why everything is different now..Geo-political forces are driving everything in the world now.
That has opened up the opportunity for ERHC and SAO Tome (Not as dumb as thought by the oil Companies)(and Nigeria)to be found in the cat bird seat.
Shell has mis-stepped and mis-calculated as Sao Tome kept an Ace up their sleeve this whole time and that "ACE" is ERHC...smile