ERHC Energy Inc (ERHE)

[midtieroil]

It will be interesting to see the definition of carry. A lot is riding on that. It could be anything from just a carry of the FTG study and seismic or it could go all the way to a full carry of all future exploration costs. Most likely, it will be something in between. I am hoping for a well or two and maybe at least a little up front cash. I am not expecting a deal like the JDZ. That was a one time thing which I do not believe can be repeated. But we'll see.

When are they going to release that 10K? It should be this week I think. I'm almost hoping they wait until 2014 to announce the farm out terms. It's getting to be that time of year where people are focused on everything but the stock market. A January announcement may have more impact if the news is good. Let's hope it is.