ERHC Energy Inc (ERHE)

[vineseeker2]

Erdo, I knew they were in negoations over the two blocks and believe, JMHO, that the fact they pulled it back from the court indicated some wider agreement was being pushed. My understanding, and I may be wrong (it happens)is that since they had issued the development rights in a round of bidding and the winners defalted on their terms, that JDA can negoate with others to allow a reissue of the rights. I am expecting some anouncement that Total/SNP is getting the operatorship and the other 85% as part of the settlement. Which means we may not hear anything till after block 1 drilling. I don't know anything but think its in the overall plan.