Replies to post #360376 on ERHC Energy Inc (ERHE)

[emdyal]

How did things get so screwed up ? For a very long time it seemed to be a given that ERHC won the court battle and was the owner of block 4 !!!
Again this is obvious that Ntephe could and bloody well should clarify ERHC's situation in all matters. ERHC is not a private company owned by himself and Offor.

[kingpindg]

I have no idea what Kosmos thinks. I only know that they won the right to enforce their contract with ERHC regarding Block 4. Why they did not is anybody's guess. And, yes, ERHC obviously thinks they have a claim on Block 4. Or at lease they thought so at the time they issued the ICE. As with Kosmos, I have no idea what Total thinks with respect to Block 4.

How do we know that Kosmos did not bid on block 4 at all? I'm not saying they did, but the ANP-STP announcement did not say how many bids were received. Yes, there was some "intelligence" posted here about the resultes of the bidding process but it would have had us believe that no one finalized a bid so, apparently, it cannot be relied upon.

I agree that Shell would not have bid on the Block if they thought ownership rights were in question. But, who do they believe is the rightful owner, ERHC or STP?

Shell and Kosmos are not partners in any STP EEZ blocks. Shell purchased all of Kosmos' interests in all blocks except Block 5.


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