ERHC Energy Inc (ERHE)

[G-OiL-D]

It isn't just about BL2, it is about the whole JDZ.
The U S wants it, the Chinese want it. They don't and won't want to share.
The signing program probably was on for last Friday. But one of the major players came up with a better offer and so, the delay.
Nigeria and STP can't lose on this deal. It is possible that they together, have the big "dogs" in a bidding war.
Since STP has been known to stir the manure in the past, they were chosen to be the "bad" guys again, over delaying the signing.
This is world politics, big money and shady/under the table dealings at it's best!
The U S will win this high stakes game. CVX already has a toe in the door with BL1 and probably a major find that extends into BL2.
CVX will end up with the majority of control of ERHE. Sir EO will sell out to them with an offer he "can't" refuse. CVX will own all of the contracts and assignments currently owned by ERHE. This won't happen over night, but it will happen fairly rapidly.
I don't know where the shares of ERHE will end up, but I am not selling anytime soon.
Be advised, this is JMWAG!