BB: Thanks for the post. Sounds like a likely possibility. If it is anyone but ERHE itself being investigated, they may be prohibited from saying what was being looked at or for. DBD
on 8k and BL 4 Drilling .. from an Industry Source "Frankly we are not concerned about the development at ERHC. While we have no more information about what happened then was diclosed in the 8K we have no reason to believe that the execution of the warrant is any way material to our business or to our position in the JDZ.
Operating committees for each of the blocks are being formed. Typically we would expect to have agreement on work schedules and drilling plans by July/August 2006
Subject to rig availability drilling would start in the first half of 2007.
There is a lot of rumor and chatter about Block 1 but nothing has been confirmed.