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oil-cowboy

05/14/13 8:39 PM

#273955 RE: RubyMartin #273954

"These opportunities also include the possible acquisition of significant equity stakes in other oil and gas exploration and production companies and the resulting indirect interest in the underlying exploration and production assets of such other companies."

Talk about ambitious..lol. They obviously know big things are coming down the pipe to be even considering moves like this.

Can't wait to see how the pieces fall.

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2IRAs

05/14/13 10:32 PM

#273956 RE: RubyMartin #273954

Do these two sentences mean Chad approved something in the period from March 31, 2013 to today, May 14, 2013?

"As of March 31, 2013, management was pursuing the formal extension of timelines for the commencement of the work program and meeting of pecuniary obligations under the PSC with the Government of Chad. ERHC's work program in Chad for 2013 and 2014 has subsequently been approved by the government of Chad."

Sounds like Chad approved something and may not be stressing the $4,000,000 for the moment. This is good news (for those of us that want us to continue in Chad such as myself).