ERHC Energy Inc (ERHE)

[midtieroil]

To me, really good terms from the host country means that Chad was pretty desperate to get what they could from these blocks. A very low signature bonus and a very low investment requirement over a very long time period is not a good thing in my mind. I have to admit I know very little about these blocks from a geological perspective but the one thing I do know is that you usually get what you pay for. These terms are not indicative of blocks that are "very valuable".