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Re: balance_builder post# 1654

Wednesday, 04/20/2005 11:33:28 AM

Wednesday, April 20, 2005 11:33:28 AM

Post# of 361588
Nice post balance. I too agree that there is a very strong possibility that ERHC will leverage their vast quantity of assets in the EEZ to reduce their costs in the JDZ. It only stands to reason. I wouldnt be surpised if Noble and Pioneer will be their partners in the Sao Tome EEZ.

As for a public award announcement next week. I will stand by my earlier comments. I dont see it. The winning companies will have to be notified and then they must respond back with a yea or nea. Only after the companies have responded back to the JMC will there be any sort of public award announcement. That is a few weeks away IMHO.

Of course if the companies respond quickly then maybe there will be an announcement next week.