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Re: umbra post# 259682

Sunday, 06/10/2012 9:07:30 AM

Sunday, June 10, 2012 9:07:30 AM

Post# of 367194
Why did everyone after TOB's post about selling all of Block 2 to someone else completely miss that point, lol?

They're not going to be sitting on JDZ 2 inactive useless acreage if ERHC has found a way to sell the entire block.

Selling a block that is now deemed years out because SNP left it and because it seems uncommercial to someone, even if for $10 million is not a bad thing. Especially if they don't squander that $10 million (which is tough to say, but I'm saying it) and they use that money to really fast track other assets (again tough to say that given Africa time, but I'm saying it).

Krombacher - the above may be wrong

Volume:
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