ERHC Energy Inc (ERHE)

[Strategyone]

Here is a thought......

Maybe ERHE is contemplating selling it's rights in Block 2 to Total for them to start developing block 1 & 2 together. But, ERHE is in need of two things... one is cash (sounds like they would be more comfortable with $50 million in the bank). The second thing they desperately need is some OIL company to begin phase II of blocks 3 & 4 and possibly phase I of the EEZ. They also need to have some OIL partner communicate openly with the public to improve shareholder sentiment.

All this could be being negotiated. Maybe ERHE gives up a portion of each of their blocks (2, 3, 4, 5, 6 & 9) to be a part of the "regional" development team? Hey, they can be a smaller player of the whole, get some cash, and set the stage for EEZ all in one swoop.....

wishful thinking?????