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nh

08/30/07 8:27 AM

#107080 RE: Jim Long #107079

That would also explain increased office space, SEO stepping down, etc. Joint venture makes the most sense. Addax, CVX, ERHC, (Chrome?)
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RKT989

08/30/07 8:40 AM

#107081 RE: Jim Long #107079

Jim- Look at the new company Sasol Chevron formed ..It is a new company..separate from either sasol or chevron..

That would be possibly the way they could go..I'm thinking 3 or 4 major companies with high percentages in the JDZ..Maybe more..

Jdz maybe one giant lake of oil or so many boundary crossovers
between blocks that this was the best way to do it.
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Nightdaytrader

08/30/07 8:57 AM

#107084 RE: Jim Long #107079

Jim - How would our ERHC shares be affected by a joint venture? Would we have still own shares in ERHC and also the new joint venture entity? Or would we just own shares in new entity?

Does anybody have thoughts on how this would work for a shareholders perspective?

thanks,
ND9
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balance_builder

08/30/07 6:43 PM

#107144 RE: Jim Long #107079

Thanks Jim...good information in the link.