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Friday, September 10, 2010 10:28:07 AM
Block 2
"No final determination has been made by Sinopec regarding commerciality."
Block 3
"No determination has been made yet regarding commerciality."
Block 4
"This information is preliminary and work is ongoing to integrate a potential area-wide development."
That said...the news from Sinopec about B2 adds to our dollar value.
Recall the highly specialized technical team that assisted Dan Gralla in picking out our EEZ blocks and after ERHC spilled this information they refused (and continue to do so) to tell their shareholders WHO this team was? Interesting to me that they have delayed the EEZ bid round for a European and Asian company (thanks AChotfries for that info).
With Sinopec and now Total involved as operators in the JDZ....it is exciting to think about this (IMO) consortium working in Sao Tomes EEZ as well. Now where is the co headquartered that is footing the majority of the deep water port in Sao Tome???
First we have our VP of Corporate Development getting caught working on his next career before being released from his full time job with ERHC.....then we have our co officers working on a month to month basis for ERHC (and the co working hard to cover this fact). This is all after putting Leslie Blair (read: Addax/Sinopec) on our BOD. BTW, it would appear DK has been busy elsewhere too.....(I looked at his website after noting he was taking much longer than usual to respond to shareholder questions).
The dots continue to grow. Speaking of growing....it would "appear" that the only thing the CEO of this company was EVER capable of growing was:
![](http://bp3.blogger.com/_JkfqVBxZ91M/RsoUOydwkfI/AAAAAAAAAG4/MKjaPLwl6Io/s400/pinocchio+nero.jpg)
As the real news (remember....these well were classified as tight wells) begins to surface:
"OKI EAST-1X is classified as “Tight” well, as all wells in JDZ Blocks, and all information regarding the well is strictly confidential and should not be shared without the express written
consent of JDZ Exploration Manager."
the real reason for the 6 month extension will appear IMHO. Kinda funny....because I think as the real reason appears....ERHC will disappear altogether or, at a minimum, be under a new management.
I think things are really looking positive and the dots will be spelled out for all to see via:
http://www.entertonement.com/clips/dxmklndrvh--Surprise-Surprise-Surprise-Gomer-Pyle-U-S-M-C
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