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Re: None

Thursday, 09/09/2010 1:43:23 PM

Thursday, September 09, 2010 1:43:23 PM

Post# of 361652
We should be looking at a Sinopec/Total alliance and what would be in that JV's best interest if that were to happen.

Would/Could ERHC be the 3rd leg of that stool? Or do they just want us to get out and therefore need to evaluate the EEZ further in order to determine what price they will need to take ERHC out of the EEZ as well.

If Total was requesting a look at the Geophysics of the EEZ at the same time they were negotiating a buy-out of Chevron in Block 1 (per Luis). That points in the direction of a French/Chinese alliance.

imo
Bay