ERHC Energy Inc (ERHE)

[vineseeker2]

JMHO, but chevron had committed to phase two and then sold out only a couple of months before the end of phase two. Total has two drill rigs at Egina right now and I would have ask for an extension till one of them could be scheduled to go to block one - maybe when Egina was finished & before they move on to Egina South - a much smaller prospect.
With drill rigs still being hard to get and the JDA wanting Total in the JDZ it makes sence to give them some leeway on timing.