News Focus
News Focus
icon url

2IRAs

02/14/15 1:04 AM

#297536 RE: 2IRAs #297535

You are probably going to say that nobody is going to pay a significant amount for a portion of our block 11 EEZ rights. Yes, I heard you say that before. I was listening. Could be right, but could be wrong too. After all, Tullow had the hots for our block before they got cold feet. We don't need to hold out for a full carry at this point, IMO, just cash to fulfill our obligations in Chad and Kenya. Worry about our EEZ proportional expense later, farming down more if necessary.
icon url

midtieroil

02/14/15 10:58 AM

#297547 RE: 2IRAs #297535

Like it or not lower oil prices are a Huge negative for ERHC and it could lead to their demise.