Replies to post #108526 on ERHC Energy Inc (ERHE)

[tryoty]

I slightly disagree with that Ruby...

Just because Addax will be working with Chevron does NOT mean that Chevron will allow Addax to share with ERHE. They may have to sign a NDA with Chevron regarding block 1 info, just as Addax may have to sign an NDA with Anadarko saying they won't share block 3 info with Chevron.

Caveat: I think I did see it in print these entities (except Anadarko) were working together. I've got to think even Anadarko will eventually come around. It's a lot cheaper to share the cost of one large floating production platform than separately funding several smaller ones. Maybe that's what drove Exxon out? Working together isn't their forte.

I'm curious to see what gets developed for the JDZ. The amount of oil supposedly there has never been found this deep before. Engineers may come up with something we see on a documentary on the Discovery Channel! :-)

[Niko heil]

Ruby, very good point. I'm sure Addax got to look under the skirt of Blk 1, and know what is really there. Close proxsemity of 2, 3, and 4 make blk 1 a perfect fit.

[Dadd]

I totally disagree with this, as Addax is NOT the Operator of Blk 1, it is Chevron, or was this overlooked by you? If CVX says hush hush, then it remains hush hush. I highly doubt Addax would jeopardize any relationship with CVX, especially with the relationship that Addax has with ERHC.