Dude, You can't add percentages since the blocks are different sizes. I've done the calculation in an earlier post.
You must add the corresponding square km from each blocks that ERHE have rights to and then divide by the total sqkm from the 3 blocks X 100 and voila.
I believe from the top of my head that it was 16.7% of the 3 blocks.
Yes truely amazing! Kobi, I just did the same calcs: 49.7% of 300% (3 Blocks -- 2, 3, 4). Plus $45 mm in cash! This has to get the attention of the investment community, especially when drilling results begin to be made public. Can't wait for B1 and especially first oil in our own blocks.
Have 208 thousand reasons to be happy today. smiles... dat