ERHC Energy Inc (ERHE)

[RUBY1100]

BB CVX bid the most for BL 1 [the most ever per Sq/Km in W.Africa] at the time, even waited till the last minute to submit to ensure they had the highest bid

XOM never bid squat aside from haggling their BL 2/4 interests

Never understood why they let ERHC in 2/4 and then left BL 1

who knows why CVX is closing what is probably their smallest office on the planet ?? Perhaps they let Addax drill their 10 wells and take their info and drill again in 2010 + with better info ??

Could be something or could be nothing