ERHC Energy Inc (ERHE)

[Strategyone]

Bingo! The most important thing that is stated with this lawsuit action is that ERHE will fight agreesively for it's rights. The 5 & 6 is a no brainer and I doubt we will even notice the increase in expense for this one (IMHO). It is more of a warning shot across the bow for STP to notice about their EEZ rights.

This could turn out to be quite a good quarter. Maybe a ROO soon, maybe more specifics about Anadarko's drilling in Q1 2009, maybe movement on the EEZ, and who knows, maybe a surprise from Sinopec regarding another Rig. We know they have money.

GLTA