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ERHC Energy Inc ERHE

ERHC Energy Inc. is an oil and gas company. The Company is in the business of exploration for oil and gas in Africa. The Company's business includes working interests in exploration acreage in the Republic of Kenya (Kenya), the Republic of Chad (Chad), the Joint Development Zone (JDZ) between the Democratic Republic of Sao Tome and Principe (STP), the Federal Republic of Nigeria (FRN or Nigeria), and the exclusive economic zone of Sao Tome and Principe (the Exclusive Economic Zone (EEZ)). The Company has a Production Sharing Contract (PSC) on Block 11A with the Government of Kenya. As of September 30, 2016, the Block 11A consisted of 11,950.06 square kilometers or 2.95 million square acres. As of September 30, 2016, the Company had a PSC on the three oil blocks with the Government of Chad. As of September 30, 2016, the Company had 100% interest in the Block BDS 2008 in Chad. As of September 30, 2016, the Block BDS 2008 measured 41,800 square kilometers or 10,329,000 acres.


GREY:ERHE - Post by User

Bullboard Posts
Post by musingon May 31, 2005 12:00pm
227 Views
Post# 9098075

Get your head read Windigo69! Big News

Get your head read Windigo69! Big NewsWindig, I have to agree with you that pumping on "other" boards is generally unacceptable. Though I don't know the particulars of your complaint, you have to admit (see below) that we have a remarkable story here, one of the most remarkable stories I ever read. There was a certain real politic at play that kept me in. And when the float jumped from 680 M shares to 750 M and the price per share went up, that was a major signal that something extraordinary was up. Anyway, the fun appears to have just begun. https://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh01039_2005-05-31_15-31-30_l31169801_newsml Nigeria-Sao Tome award five offshore oil blocks Tue May 31, 2005 11:31 AM ET ABUJA, May 31 (Reuters) - Sao Tome and Nigeria awarded five offshore oil exploration licences on Tuesday after a turbulent five-month delay plagued by disagreements between the countries and accusations of corruption. A consortium of ERHC Energy (ERHE.OB: Quote, Profile, Research) and Devon (DEV.N: Quote, Profile, Research) won a 65 percent stake and the operatorship of block two, while the operatorship of block four, the other most highly contested block, was won by a consortium of ERHC Energy and Noble.
Bullboard Posts