ERHC Energy Inc (ERHE)

[Krombacher]

Who says SNP is the worst technical partner? We all know that it is the JDA which holds up the JDZ and not SNP.

SNP is clearly one of the best technical partners as they have deep pockets of cash and are prevalent in the region and ranked among the biggest oil companies in the world.

The EEZ is going somewhere fast. As I mentioned already, Sao Tome looks to have a certain degree of Sao Tomean content in the oil exploration of its waters.

Sonangol couldn't have done it alone. And SNP alone is not enough local content.

Sinoangol, their partnership, achieves that and allows things to move in the EEZ.

ERHE has only to exercise a 15% stake in the right block to be a part of the action. That 15% must be paid for however. That is why we are waiting for Kenya to be the pay day ERHE needs to move forward.

In my opinion.

Krombacher