Replies to post #60644 on ERHC Energy Inc (ERHE)

[Niko heil]

david, and erhe would file lawsuit's tieing up every block including block 1 and the EEZ, STP would see no $$$$ for 10 years? Nigeria has deals right and left going on with the Chinese, want hurt them. Really smart move!!!

[amj23]

it is not possible that that would ever happen. why? because they don't care about what we are doing over here. next up for the JDZ, rigs, drilling and pumping oil . Lots of it.

[tryoty]

David,

ERHE used a portion of its rights as currency to negotiate full carries. Any scenario where ERHE loses its rights also strips the rights from Sinopec, Anadarko, and Addax.

That's just not gonna happen. IMO, the absolute worst case is CVX/XOM really tries this and the whole mess ends up in court for a decade.

Every time ERHE has been beaten down it has come back with a better deal than it had. CVX/XOM really may be chewing off their own foot here.

I'm sure Offer is in the ear of Obasanjo about cutting CVX/XOM out of the picture. They're just causing too much trouble.