Hey balance: Hope you, or most anyone else for that matter, doesn't mind my two cents on the issue from the viewpoint of a relative beginner. It's JMO but I feel, given virtually limitless revenue possibilities IF things keep coming up aces and hand is played to the hilt, that the split will not only be in our favor but possibly several Xs over in the next few years. If not, again this hypothesis based on most positive, no reason not to, outlook, ERHE could wind up at a google like pps. With ERHC's outlandishly healthy cut of prospectively, btwn JDZ and Nigerian and STP EEZs, 50BBls of oil plus half again as much $ in gas revenues in the coming years I can hardly see it otherwise.
The U.S. gov't is obviously, going to earlier and persistant doubts and questions as to regional security, four square behind this effort politically, financially and militarily to no small or equivical end. And it is by no means on a marginal basis that it is in this nations best interests to do so for reasons of paramount importance that simply cannot be satiated elsewhere.
With that said, I can even envision Nigeria, given friendships/alliances btwn they and us flurish and strenghten, being lured or driven away from under the auspice of OPEC. As giant a leap as that may appear on the surface, it's MHO that it will almost if not altogether become a necessity of sorts, if not strictly speaking, for both parties.
Well, that's it. Long winded for a 'newbie', eh? If nothing else look at it as I discribed it to 'digdeep'....
Cheap entertainment!
Hope your mending well, FWIW, and not going too, ERHE, stir crazy.
Bk56
At the very least, do no harm
