Replies to post #4789 on ERHC Energy Inc (ERHE)

[balance_builder]

Stockhocker....solid post!

[rancho]

stockhocker - there certainly is not enough ink in all of Africa to print the number of shares required to go full bore in the region. Nice ideas you have on our situation and some of the options which might present themselves. Plenty of opportunities. On RB a long time ago, I wrote that the Nigerian way is to form partnerships for the long haul. I hope and trust that is the case with the news of Pioneer, Devon, and Noble expressing their interest in the JDZ.

Was the 60 cent price agreed upon before awards or after awards?

[Ten2Ten]

stockhocker, seems quite plausible and in fact is more in line with my assumptions that we will 'trade' unproven equity in JDZ or STP EEZ blocks for carry in any or all of JDZ, STPEEZ or NEEZ, my response to Mrmx is simply playing along with the different scenarios presented here, my guess would be from a business perspective that there is some kind of 'sharing' based on proven reserves as a 'variable' or sliding scale...I did state that as a 'guess' I believe (grin)