Replies to post #8469 on ERHC Energy Inc (ERHE)

[stockhocker]

What we have to find out is whether this deal means our partners pay the costs, or float the costs. The difference being that:

1) they recover their outlay when oil flows, before we see revenue

2) they fund this and the revenue split begins from day one

Speculator can explain this further...

[sideeki]

The farmout ERHE carry deal is to first commercial oil which is NOT first oil found. This is a great deal for ERHE