ERHC Energy Inc (ERHE)

[manuel06]

CNOOC is China's deepsea drilling arm with experience.IMO,even now after several years of being in AKPO,they would be still out of their league in engineering design ,infrastructure construction, when it involves ground up Major project in deep water.SNP is even farther behind CNOOC ,so,SNP could contract drillers but it's much more complicated than that. "Good Friend" ToTal will help find out whats really happening in these sands.SNP did their work by drilling on time and on budget...they met their contractual obligations and waited and wait on their "Good Friend" who take on these highly complicated projects successfully, and their "Playground" is best developed their successful way.