ERHC Energy Inc (ERHE)

[balance_builder]

Oilman.....a good reminder not to forget our other NYSE trading company, Noble Energy. This $4.13 billion market cap company has gone head to head with APC, an $18.2 market cap company on negotiating block 4 acreage. I think the smaller NBL is going to walk away with the contract at the end of the day (of course, it doesn't hurt to have Offor standing behind you in Obasanjo's office while the negotiations are in progress.

We have some outstanding partners and the countries are aware of this. While we will be pulling up oil from the ocean depths, large cumbersome companies would still be haggling over what type of drill rig would be best for the job. Seems the vice president of Nigeria was one of the first to recognize this.......then again, there are rumors he is a fellow shareholder :o)