ERHC Energy Inc (ERHE)

[vineseeker2]

BAZ, the way I understand it is the operator has to get all the minor players to agree with their plan then negoate with the JDA, which could cause some back and forth dicussions. We heard some were grumbeling about the third block 4 well in the phase I drilling. With the minimum commitment being 16 million there may be some discussion about doing some more seismic instead of a well in some of the blocks.
I may be missunderstanding this set up and someone should correct me if I am wrong.