ERHC Energy Inc (ERHE)

[oil-cowboy]

I hate to keep harping on this article, but I get goosebumps when keep re reading it. China obviously has an appetite to secure oil rights. No question. After this article its not just a hunger, but downright ravenous. If this article is correct, they'll be dumping a record amount of cash to do so. It seems these infrastructure deals that have been popular don't seem to be working out so cash is king. It proves that China (Sinopec) is not scared to pay top dollar+ for oil..period. 30-50bn!. Makes the Addax deal seem like lunch money.

My point comes down to timing. I don't think it would be possible to have timed the drilling of the JDZ at a better time. Not to mention these cash rich cowboys are our partners ALREADY!

Does anyone else feel that Offor can negotiate a hugely favorable deal? I do.

Talk about a catbird seat!

Right time, Right place IMO.