ERHC Energy Inc (ERHE)

[dat_51or]

Dadd.. did our rights increase from Noble to Addax?
Yes they did if i recall correctly. Back when Noble received the awards wasn't it rummored taht our % for B 4 in the 15% and change range? with full carry and no $18 million cash?
If so then 17.7% full carry plus $18mm is indeed better. Better by 2+% and $18 million for our bank account.

I'm pleased...
No debt to first oil means a whale of a lot to a zero income company!

Further, we forget that little ole ERHE will soon have deals going on in at least three, maybe 5 blocks. Imaging having someone else drilling for us in 5 blocks at once! No penny company in history has ever pulled that off. In time, we'll have ten blocks working for us. Amazing. The hard part will be holding on long enough to reap the really big rewards. Wish I owned these shares back at 34 of age vs 54 yrs old! My advice to all...get your kids invested in this company!

Best to you,
dat