ERHC Energy Inc (ERHE)

[RUBY1100]

SEO took control of ERHC in summer 2001 [6 1/2 years ago] at $0.005 - after more problems and effort than anticipated

Oil has gone from $20 to $100

only 3 or our 6 JDZ blocks have contracts - 0 EEZ

Partnerships have been signed - free carry - full cash to operate - and our parterns have gotten stronger

we are less than 1 year till drilling

Q: Why sell now - when in 1-2 years our asset will only appreciate in value

if you were SEO would you sell now ? or wait

unless his hand is forced.