What could be interesting is if we do get EEL then we would still be able to put it to STP by having two 100% blocks in Zone A and 2 100% Blocks in Zone B and 2 15% blocks in Zone C! Plus the other acreage etc. That would put a real wedgie in STP's shorts! Then attach the wedgie to a revolving door hook and they would have a dangling wedgie the likes of which would make Nick proud!
Correct me if I'm wrong, but if somehow ERHE could pull that off...... while it would appear to negate the potential impact of the STP changes, it would seem to provide ERHE with AIM listing/Management team to continue to go an independent route (and better negotiating position) rather than just selling assets in JDZ of company...........
This continued talk of acquisitions should maybe be of concern to ERHE shareholders since the only way they could afford anything significant is by an asset sale ! The deals they would do with the cash would be nothing if nor self serving to Offor and his Nigerian connections !!! A little paranoid ? Maybe !