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YankeMike

11/25/09 10:06 AM

#187613 RE: ac hotfries #187611

Thanks for sharing! That's fine with me; it's what spp119 has been saying all along. The key here is that they are acknowledging our pre-auction rights, so this will not be tied up in courts for years.
We will finally have EEZ progress next year, and maybe EEZ drilling in 2012 :-)
Mike
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balance_builder

11/25/09 10:23 AM

#187627 RE: ac hotfries #187611

AC....that was expected by most of us. To my knowlege, EEL's first picks were always to come first. ERHC will have picks 4 and 5.

The question has always been the (2) 15% picks and whether we can pick them in EEL's first two 100% blocks.
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wzebra33

11/25/09 10:42 AM

#187638 RE: ac hotfries #187611

No sugar coating blunt answers are the best (IMO) Now we are getting some strait talk from the top.