they werent really trying to find oil, this is a wait-it-out game and let ERHC go broke
Can you show me where Sinopec makes a practice of doing this to their partners? Or is this a new SNP policy...specific to ERHC only? If that is what you think....PROVE IT!!!
Is it standard policy to purposely drill to where the oil is not? I normally see oil companies drill to where they think the oil is.
This SNP conspiracy theory has been going on for quite some time now but I have seen them work quite well with other partners. ERHC does not get to skate cost free here...they would have to pay their share of the costs in the JDZ once production started. Why would SNP treat ERHC differently than other partners? I know that SNP has not announced any abandonment of our blocks...but then why would they. Why leave if you don't have to? Who knows...some day someone may decide to pay you something for those assets. In the meantime, they are not moving forward on these blocks.
I think you are still looking for monsters under the bed.
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