ERHC Energy Inc (ERHE)

[oil-cowboy]

If it meant getting top dollar + for 2,3 and 4, then I could see giving up the others for less. God knows how the EEZ will turn out, so much political hoopla, not to mention they hate us. 5,6 and 9... well, its anyone's guess but its safe to say it'll be a long time until there drilled.

I think its imperative that Offor eventually steps out of the way for the JDZ before production begins. The rights need to go to a partner who will contribute something to the mix. I fear that if Offor is too stubborn, it will only cause a delay in bringing production in and that could be a very long wait. If it will potentially hold up revenues to Nigeria, Offor will step down and sell, no question.

I don't think China is scared to spend the bucks, but they just have to know what there buying first. Offor must be asking top dollar if were still here right now. He must be very confident to put it all on the line.

Fingers crossed.