RKT, the only known requirement for ERHC to retain its rights to Block 4 past the October 1, 2024 expiration date is that the block must be in production by that date. It is going to take a super fast-track effort by Total (or someone) to make sure that happens.
However, as Krom stated, these things can always be extended/renegotiated if all parties are willing. Maybe that is something that is taking place right now.
The Company’s rights in the JDZ and in the EEZ expire on October 1, 2024, or if the company has a producing working interests in any Block(s) at October 1, 2024, the Company’s rights extend in such Block(s), as long as the Block(s) remains in production.
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