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Wednesday, August 01, 2007 5:29:47 PM
Question : in the recently awarded OPL 291 W.African Block awarded to ADDAX / STARCREST Nigeria Energy -
Why did our Chariman feel the need to go thru Starcrest vs. ERHC
Clearly it appears our COB is serving his own interests vs. the interests of loyal shareholders
Please clarify
Question : please clarify the 50+ Million Transfer of Shares in a settlement transaction to First Atlantic Bank - ERHC in one statement said the claim had no merit and then transferred millions of shares to FAB. What was the reason for this and are those shares held in "Friendly" hands?
Question : As drilling approches can we expect Addax to announce drilling results as they go from well to well, or do you feel we will have to wait until all JDX blocks are drilled to hear news on the results
Question : how is the optional 5 wells determined - what are the criteria and do you feel these additional wells are likely
Question : what is the cash burn rate from our legal fees
Question : aside from sponsoring the 2008 Nigerian Oil & Gas Event [which is welcome news] what other steps is ERHC taking to renew our good name and standing in the industry.
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