ERHC Energy Inc (ERHE)

[Julius Erving]

We will know in a 'couple of weeks' how the flag is hanging (Dutch saying).

Hopefully it aren't weeks in Peter Ntephe's timetable...

But to give you some piece of mind: I took (takes?) SNP an extremely long time to decide whether to continue with drilling.

So in a way one can say: SNP is 50/50 about whether or not to continue.

Another fact is that TOTAL has more advanced deepsea technology (world leading) and also massive infrastructure present already in the vicinity of our blocks (and plans for a massive increase in FPSO's for the GOG).

So, if SNP is at a 50/50 level, couldn't you conclude that TOTAL is at a more positive level of deciding whether or not to continue?

After all, SNP misses some important economic arguments, that lower the 'risk' of the decision to continue imo.