So just so we get this straight.
You're saying Oranto is the operator but doesn't have the know how and skills and money to be the operator and so it advertised on xrimlinger.com so that it can partner with someone who does have those skills and capital, who would then ultimately become the operator. But because it claimed to be the operator in the PSC, it's CLEARLY the operator.
Why didn't ERHC think of that? But, you don't address the fact that Oranto didn't get its extension until last November and not when the PSC was signed.
CLEARLY, if ANYONE can simply declare themselves as operator in a PSC, even if they're not qualified as an operator, then the requirement to be "in production" cannot be simply met with a PSC in order to get an extension because declaring yourself an operator when you're not can't be taken seriously.
You have not proven that the conditions weren't met so you cannot claim that the assignment agreement is incomplete.
Thank you,
Krombacher
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