It isn't. There has been no mention of it in the filings for years. As I said before, no legitimate oil company will partner with ERHC after they stiffed their partner for $10 MILLION. Nobody is that foolish.
That $100M was based on the PSC for Block 11, where ERHC had committed to spend (best I can tell) $85.5M (~100M) for technical work and social projects through three phases of exploration. Obviously the plan was to get someone else to pay the ~$100M while carrying ERHC's share for payback through cost oil. We know that plan did not work out as ERHC sold Block 11 to Kosmos for $4M and some future consideration which is still unknown.
So, while that plan is no longer in play, there is most likely a similar plan for Block 4 and, if ERHC can prevail in the arbitration with Kosmos, maybe they can get Total or someone else to accommodate it. ERHC's future could very well depend on winning this arbitration.
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