ERHC Energy Inc (ERHE)

[Julius Erving]

2) the minute CEPSA came into play for Kenya, Offor started to act differently. For example, he supported the share offering in the PR, but then with CEPSA in the picture, he declined to participate in it. Could it be that it wasn't the American authorities preventing him from buying more as some assume, but maybe he was prevented through an agreement with CEPSA. I think it is quite the coincidence that Offor does a 180 from supporting to not participating just when CEPSA shows up on the scene.

ERHC Energy Inc. Signs Letter of Intent to Farm-Out HOUSTON, May 6, 2013

ERHC Energy Inc. Completes Farm-Out to CEPSA, HOUSTON, February 10, 2014

The Chrome Group Announces Support for ERHC Energy Inc.’s Intensified Fundraising for Oil and Gas Exploration, ABUJA, NIGERIA, October 2, 2012

There is some time in between, Krom.

In latest developments in Kenya ERHC Energy, a Texas-based public listed firm, disclosed in filings with the Securities and Exchange Commission (SEC) that it has negotiated a farm out agreement with an undisclosed international oil company that will see it relinquish 55% interest in its exploration block.

http://wsminvestment.blogspot.nl/2014/01/oil-in-kenya-erhc-energy-negotiates.html



"(...) today announced their support for ERHC Energy Inc.’s (OTCBB: ERHE) proposal for raising funds for its exploration programs in highly prospective acreages in East, Central and West Africa. Combined, the two companies beneficially own approximately 43 percent of ERHC Energy’s outstanding common stock."
http://www.thechromegroup.net/news/support-for-erhc-energy-incs-intensified-fundraising-for-oil-and-gas-exploration/

By the way:

Leslie Blair on January 22th, 2013

“I re-affirm my ongoing support for ERHC’s recently launched rights issue and I commit that I will participate personally, as an existing shareholder in ERHC,” he added."

http://www.thisdaylive.com/articles/erhc-energy-accepts-resignation-of-director/137115