ERHC Energy Inc (ERHE)

[Strategyone]

Another quick positive regarding TOTAL buying operatorship of block 1:

With the 2/1/11 deadline to drill another hole in block 1, it probably won't take much effort for Total to move one of their drill ships that are already in the area (note from another poster a few posts back about the number of blocks Total has interest in the GOG already). This also won't take another drill ship off the open market that Sinopec will need to be negotiating with for phase II. Although, they may be able to swing a good deal with Total after they complete their block 1 hole to use the same rig???