Replies to post #191518 on ERHC Energy Inc (ERHE)

[chrislongshot]

If Sinopec chases after those shell assets with gobs of money, it may be considered a bit of concern for erhe, less money to go around?

[wzebra33]

WOW that`s some big news that shell calls it quits in nigeria,could be a golden chance for a small company to get producing leases .

[Tapco1]

China takes over for Shell. Move over Africom, Chinacom needs to have some space in the GOG.

JMHO

Tap

[ewing4]

Still positive for ERHC...

"It is not selling its offshore blocks, which are less vulnerable and have more generous royalty terms."

"Under this arrangement, she will not lose its reserves but will continue to benefit from the proceeds from the fields."