ERHC Energy Inc (ERHE)

[Strategyone]

Midtier,

I don't completely disagree with you but on the flip side the results we may have heard might not be better than what we have now. Can you imagine three more blocks like block 1. Sure, we found multiple zones of oil and gas but we can't determine if it is commercial on a stand alone basis. We will now wait for some other operator to take the next step.

Now that Sinopec as the sole operator, with all it's cash and demand for oil, it is more likely ERHE will get news of commercial finds (possibly in both gas and oil) due to their ability to connect the finds over multiple blocks.

Just another way to look at it.