ERHC Energy Inc (ERHE)

[oilman57]

Kobi is absolutely right.

By: kobiashi2000
29 May 2005, 10:53 AM EDT
Msg. 47886 of 47889
(This msg. is a reply to 47881 by mrogop.)
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It was all there if you read the treaty. When they wrote and decided to sign the treaty, the treaty negotiators had a light bulb go off over their heads and say hey, "wait a minute, what happens if we have unresolvable conflicts that both countries can't decide on?" "What the heck are we gonna do?" Well they came up with the bright idea of third party arbitration, and both sides decided to abide by the decision of the arbitrators. Theres going to be no war, no invasion by Nigeria, no break up of the JDA, the JDZ won't come to a close, you just have to go through the process to break this current dispute of whether the operatorship should go to companies that will end up paying STP an additional 3.5-10 million a block, or go with companies that are offering faster drilling timeframes to get billions of dollars in oil out faster. WHo do you think the arbitrator will pick? I still think O and M can work this out over the next two weeks, but if not the arbitrators will, its not the end of the world for investors, just those who make money trading for a living.