LOL. Sao Tome owns the block and they can let anyone they want build a pipeline through it if anyone finds oil. Besides, it is likely an FPSO would be used anyway. Hopefully you know what that is but maybe not
Amazing that ERHC has missed the right to claim their 15% in all the blocks that now have a PSC. Sounds like another MAJOR screw up to me. I guess that's what happens when your employees are working elsewhere and don't keep up with what's going on.
Agreed, plus the 1.5 Billion barrels of crude. With an adequate pipeline, the per barrel would rise to close to $20. The miles of pipe to bypass 4 would be tremendous. I’m still thinking a compromise. Cash plus % Go ERHE ;-)
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