ERHC Energy Inc (ERHE)

[Krombacher]

Let's say the following...

let's say Offor wants his whatever, $5 or $1, whatever it is...

Here's how I imagine the conversion:

Offor: JDZ is good. I want $5.

SNP: No.

Offor: Ok. $1.

SNP: No.

Offor: But $1 is good deal.

SNP: No.

Offor: Why not?

SNP: We know what's in JDZ and we not tell.

Offor: I tell.

SNP: No. You have confidentiality agreement.

Offor: Ok. But I want nothing less than $1. Won't budge.

SNP: We value ERHC at $.87, how are you going to make up the rest?

Offor: I get Chad. I get Kenya. Need big money for Chad though.

SNP: Don't worry. I talk to Chad.

Offor: If you can talk to Chad, then why do you need us?

SNP: We don't want Americans knowing what we are doing. What better disguise than using an American Company to get our properties.

Offor: Gotchya. I'll go spank Ntephe out in the wood shed for smiling too much.

SNP: Good. And send him to conferences. Also tell him to hook up with Thuo. Thuo helped us kill Camac. And is working to get CNOOC out so that we don't compete there as Chinese sister companies. See here:

http://www.reuters.com/article/2010/11/04/africa-oil-kenya-idUSLDE6A31W120101104

and here

http://uk.reuters.com/article/2010/02/24/kenya-oil-idUKLDE61N09R20100224

Offor: Ok. Now give $1. We are good. We have properties.

SNP: Not so fast. De-risk Kenya.

Offor: How???

SNP: by doing an FTG and possibly becoming an operator.

Offor: Bwhahahahaah. US? Erhc as operator?, well if you say so. We'll definitely do the FTG testing then. But Once we do that we're good.

Offor: So do I get my $1.

SNP: We are checking out Sao Tome also. We have a guy from Hong Kong. He runs Sinoangol. When done, he can email you if you like and if the EEZ is looking good then we can offer you that $1 dollar or maybe $5 dollars.

Krombacher