Rufny: Question on ERHE
Would you mind filling me in on what the possibilities are with this JDA. As I read the situation, Exxon owns a 40% rights to Block 1, ERHE has rights in Blocks 3,4,5,6 and 9. Block 1 is the most sought after, apparently.
So once the JDA convenes and decides on awards, what can we anticipate for ERHE? Can we assume that ERHE gets all 5 blocks?
Appreciate any info you can pass on.
Thanks
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