ERHC Energy Inc (ERHE)

[Fishdog]

That sounds like the way STP may plan to "mitigate" ERHC's 2 100% picks. Limit them to one pick in the very best block groupings.

Can't blame 'em for trying. If EEL & ERHC both exercised their choices in the same 'best' block grouping there wouldn't be much left to auction.

Regardless, any restriction on ERHC's choices will be litigated - or negotiated. Like I said before, don't expect to see any EEZ auctions this year.