Replies to post #365241 on ERHC Energy Inc (ERHE)

[Krombacher]

Nice.

Apparently the rumor was close on the 5 well drilling campaign..
So it's 4 wells not 5.

Nice find.

The rumor was 5 wells all over the basin not just block 10... so we'll see. The basin extends into Gabon next and elsewhere if you continue along the basin

Again: FWIW and probably not worth that much given lack of veracity.

Edit - not sure if Suriname is also in the same basin?

[Krombacher]

KE STP Company BV, subsidiary of Shell stands for

Kosmos Energy Sao Tome and Principe Company.

See Sept 8, 2020 8k by Kosmos.

https://www.sec.gov/Archives/edgar/data/1509991/000095010320017874/dp136479_8k.htm

That's for block 10 not block 4, so don't assume things about block 4.

But if ERHC managed to exercise a 15% option within the time it took to get the psc on that block 10, then that could be interesting too.