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DegenerateGambler

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DegenerateGambler

Re: Spec29 post# 139760

Monday, 09/22/2008 12:54:27 AM

Monday, September 22, 2008 12:54:27 AM

Post# of 362819
I have never looked into the ERHC's EEZ rights very throughly, as I have always considered them a very minor part of the ERHC investment package.

So, you are saying STP can only put 1% of the EEZ in a public auction and that 1% is what ERHC has first pick on? And STP can legally get away with that? Doesn't sound kosher to me. I would think that there would definitely be a legal battle as I have stated before.

The $64,000 question is: Will there be a Rig of Oportunity or do we have to wait for the AA begin drilling On Oct 1, 2009?

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