JDZ Nigeria-Sao Tome e Principe

[oil-cowboy]

I think you hit the nail on the head there Bay. The cost to production is so high for a project like the JDZ that ERHE has to sell out for this project to move to the next phase. Our massive percentage is needed for a qualified partner to step in and help Sinopec do this. Offor maybe powerful, but he will not stand in the way of Nigeria and STP profiting from their oil. IMO He will not bite that hand that feeds him. I know buyout talk has been fruitless so far, however it doesn't mean it won't happen. Actually it makes the most sense when you look at it from a macro view.

That time is soon approaching I think.