Replies to post #283021 on ERHC Energy Inc (ERHE)

[midtieroil]

It will be interesting to see the definition of carry. A lot is riding on that. It could be anything from just a carry of the FTG study and seismic or it could go all the way to a full carry of all future exploration costs. Most likely, it will be something in between. I am hoping for a well or two and maybe at least a little up front cash. I am not expecting a deal like the JDZ. That was a one time thing which I do not believe can be repeated. But we'll see.

When are they going to release that 10K? It should be this week I think. I'm almost hoping they wait until 2014 to announce the farm out terms. It's getting to be that time of year where people are focused on everything but the stock market. A January announcement may have more impact if the news is good. Let's hope it is.

[jsc52033]

this whole thing in Kenya and Chad is beginning to make me believe
our partner to be made us an offer befor we got those tracts.They were shut out of those areas for what ever reason. IMO they said we will put up the cash you put up the geology ( we have Dr Thorugh misspelled but close) HE picks the sites we go in as the front and in the end have 25% as a finders fee in Kenya maybe more in Chad 10% still has to be given to another that comes out of ours. This also lets the partner into a possition for a furture buy out of all including JDZ EEZ at a price Offor wants. Given it took more years than he wanted so buy out comes after some proven in EEZ and price goes way north of $10. JMO

[chrislongshot]

Thank You 2IRAs for the reply/answer. What information had he posted before that turned out to be true/ factual? I'm long erhe and it would be great to see something/ news come out that could move the stock price up.