ERHC Energy Inc (ERHE)

[kingpindg]

Good point Troy, but,...


as there were reports as late as 2012 that Sinopec had not provided drilling results to the JDA, it looks like we will need to add 3 to 4 more months worth of sand to that hourglass before any information may be released. Assuming, of course that Sinopec did eventually provide the data.


65.2 Basic information and data about petroleum operations in the area of a licence or lease may be released by the Authority five (5) years after it was lodged with the Authority or when the areas to which that information and data relates cease to be part of the area of the licence or lease, if earlier. However, conclusions drawn or opinions based in whole or in part on that information and data shall not be released until ten (10) years after that information and data was lodged with the Authority.

65.3 Where information and data has been released by the Licensee, Lessee or Contractor or some party acting on his behalf, the Authority shall not be obliged to maintain the confidentiality of that information and data.

65.4 Information and data relating to a seismic or other geochemical or geophysical survey shall be deemed to have been lodged no later than six (6) months after the survey has been essentially completed. Information and data on wells shall be deemed to have been lodged no later than three (3) months after the well has been essentially completed.

http://www.resourcegovernance.org/sites/default/files/Petroleum%20Regulations%20for%20Joint%20Development%20Authority.pdf



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