ERHC Energy Inc (ERHE)

[Curious62]

Marginal OR inconclusive with respect to oil. Reprocessing and updating of the rock properties model does, legitimately, take months. It is still very possible that SNP could/would make an offer to buyout ERHE once they are comfortable that real value does exist AND before they (SNP) release results or resource estimates. Only SNP would know if that's tomorrow, 6 months from now.....At that point, ERHE might either choose to accept or seek market valuations. Does anyone know if ERHE's carry includes the reprocessing of the seismic? I would assume so. I would expect SNP has a right-of-first refusal on any third party offers.