You cant possibly believe that erhc is going to run any fields, you covered possible financing, but as stay the course pointed out, who in he** is going to run it?
I have no faith in erhc to run anything. we are an oil trust of JDZ and EEZ assets. Nothing more and never was meant to be. IF we were ever to be a real oil company, we would have hired a real oil team years ago. We have been treading water with our lawyers and our put in place management and bod, nothing more.
We cant even find a third bod member in 6 months? come on, you know why? we dont need him.
this marginal field bs is a legal necessity, nothing more. imo
they just need to put a hell of a lot more pressure on the JDA to get our drilling news out with or without SNP. Now thats the way to force a chinese hand, but i suspect they know that.