Replies to post #204354 on ERHC Energy Inc (ERHE)

[vineseeker2]

There is also the arbitration on JDZ block 5 and 6 and our two 15% EEZ blocks that could be critical in pricing any kind of buyout/buyin. I still believe we are on the table for the right price. I also think the right price may not be reached untill all the variables are finalized. This may include the EEZ production agreements.
I also think there may not be a buyout if the results are good enough and the price keeps going up. The nigerian dormant fields initiative may have changed the whole playing field & the business plan, if SNP wants to be the operator on the blocks coming up for auction they have to be partnered with somebody like ERHE.
Thgere is also 15,000 rebels who have to be retrained and jobs found for. SEO may be positioning himself and us to take advantage of yet unanounced government programs. Remember he made his first fortune from knowing who to work with/for in the government and how to put together contracts for public works.