Replies to post #180013 on ERHC Energy Inc (ERHE)

[sneak-attack]

Ruby: Oil was $55.00 a barrel in Jan. of 2006 when China paid 2.46 billion for 45% of the AKPO oil field. Today SNP should pay about $7.50 a barrel based on the 2006 purchase price of AKPO.

When one adds in the other JDZ block % and the EEZ % as well as the Political Considerations that might benefit SNP in Nigeria and Sao Tome going forward, Well thier is no telling what the final price maybe.


Have a great day
Sneak