ERHC Energy Inc (ERHE)

[ssc]

Ehp, I agree with your opinion here (though not necessarily your new handle, at least not yet). The main difference I have is the walk away or full production part. IMO, if this is mostly gas then SNP might want to hold on to the assets by doing minimum for next 4 years as they wait for technology to provide more cost effective ways to produce deepwater gas or until demand (and price) is higher.

All told, I would have been delighted if SEO had taken his $2 or $3 and gone out with Gandur. He chose to roll the dice and we're still waiting to see who wins.