ERHC Energy Inc (ERHE)

[Lickety Split]

Ruby,

Speaking of percentages owned. I believe we have far less than what we were awarded originally. Case in point the deal with Addax. We gave a certain percentage of our 35 Percent to Addax as a replacement to take over operatorship of Bl4 (CORRECT ME if I am wrong). That is were the 18M is coming from. I expect, we will give up percentages in Bl 2 and 3 as well to SINOPEC and Addax as well as a cost to carry us. We really won't know what the deals are until the PCS's and JDA's are all signed and made public. Again, we have lucrative percentages no doubt, I just think no one has those numbers except those on the inside of the deal. So, we wait to see.

Strass