ERHC Energy Inc (ERHE)

[2IRAs]

Some new FAQs. Still no clear answers, but at least they are acknowledging our real questions.


Q. Have the operators of JDZ Blocks 2, 3 and 4 committed to Exploration Phase II?

Negotiations have commenced between the Joint Development Authority (JDA), which oversees the JDZ and the contracting parties in JDZ Blocks 2, 3 and 4, led by our technical partners and operators, Sinopec Corp. (in JDZ Block 2) and Addax Petroleum (in JDZ Blocks 3 and 4). The purpose of the negotiations between the contracting parties and JDA is to reach agreement on how to proceed with the exploration program.

Q. How long do you expect the negotiations to take?

Every negotiation is different and proceeds at its own pace. There is no way to predict with any degree of accuracy how long the process will take.