If that's the case...I think we just got some junk, not proven oil reserves. And by "junk" I mean the odds of finding oil in those blocks is equivalent to the $1 million penny slot in Vegas.
No one is going to get quality blocks for just "installments that ERHC can afford" and no other consideration...just my opinion.
Krombacher - the above may be wrong, especially in some weird bizarro universe like Africa, I guess.