Hate to disagree, Stras .... but what CVX 'does' and has discovered in Bl 1 has EVERYTHING to do with ERHC. Maybe not in a direct income stream but certainly VALIDATES the prospectivity of the adjoining Blocks 2,3, and 4 seismic results. Their success gives tremendous integrity and promise to further similar success in the same adjoining formations - and thus, warranted speculation in our share price.
Why, for example, is CVX/XOM in an 'out of character' fashion instituting what appears to be a fast track development plan in Bl 1? Their continuing operations will have a yet to be determined effect on the adjoining operators.
"Noise and nonsense" in Bl 1? Hardly.
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