ERHC Energy Inc (ERHE)

[oilman57]

My take on the situation. If this is indeed true then I am very happy with the outcome. I know some here were of the opinion that it would be nice from a PR standpoint to be in the same block as Exxon but IMHO it would not be worth the hassle. Now we no longer have to worry about them muddying up the waters or delaying things. Plus from a JDZ perspective they are in Block 1 so that is good enough for me.

IMO Exxon dragged their feet during this whole awards process and they probably would have done the same in any block they were in with ERHE. Now, assuming ERHE actually wins block awards, ERHE can run the show.

My only complaint is why wait all of the way until April 22nd for the next JMC Meeting? I am sure it is because the JMC members have busy schedules and could not reconvene earlier. But IMO the conclusion of this round should be the top priority.

Nevertheless, its all good.