ERHC Energy Inc (ERHE)

[RUBY1100]

here ya go .. EEZ "Super Tuesday Coming Up" !!!

a] Oil Ministers of Sao Tome to Launch 1st Ever EEZ Lic Round
from both London and STP [ look for Dow Jones News and Reuters ]

***Based on past Licensing Rounds - the International News Media should be all over this story... One of Africa's and [the World's] Poorest Country launching this first Oil Block Round after 13 years of planning, that could potentially bring in $100's of Millions in Sig. Bonuses not to mention Billions of Tax Revenues down the road***

b] Sao Tome to tell the WORLD how much potential oil is in EEZ
[4 to 11+ Billion Barrels ????]

***should be in the selling packages to potential bidders***

c] Acknowledge ERHC's 2 x 100% Blocks and potentially thank ERHC for helping to create the STP framework years ago

***they just did and should do again see... http://www.telanon.info/economia/2010/02/26/2694/sao-tome-e-principe-vai-leiloar-em-londres-7-blocos-de-petroleo/#more-2694
then
click the LINK "comunicado-de-imprensa-leilao.doc" and
then go to http://www.freetranslation.com/

d] Provide JDZ results and say how Sinopec plan to develop the zone going forward for potential commerciality

***the JDA told Mark Results should be coming and others have confirmed***

e] possible Sinopec EEZ Involvement or / Sinopec & ERHC Combination to be announced in EEZ
???

***I said possible ***

http://www.telanon.info/economia/2010/02/26/2694/sao-tome-e-principe-vai-leiloar-em-londres-7-blocos-de-petroleo/#more-2694

Tranlation

They are Tomé and Prince is going to auction in London 7 blocks of oil

The delegation are-tomense that is going to open the first oil blocks auction of the Zone Económica Exclusive, is composed by the Executive Director of the National Agency of Oil Luis of him you Will Please and by the Minister of the Natural Resources Energy and Environment Xavier Mendes.

In the near Tuesday March 2 , London receives the international auction, event that will elapse in simultaneous in the Saint capital Tomé, where the Prime Minister Rafael White will do the opening of the public contest of the 7 blocks it will be auctioned. The community of the National Agency of Oil, that arrived the editing of the Téla Nón, gives more details.

More Details

ANP-STP / National Petroleum of Sao Tome and Principe


National Agency of the Oil has the grateful one please of inform that in the scope of the preparations with an aim to achievement of the 1st auction of Blocks of the Zone Económica Exclusive EEZ,

the companies Equator Exploration and ERHC exercised the right of preference and of option, previously to the launching of the 1º auction of the Zone Económica Exclusive, having selected for the effect the. Equator Exploration Block 5 (Zone A) and Block 12 (Zone B) ERHC Block 4 (Zone A) and Block 11 (Zone B) The rights of preference and of option of these companies insert itself in the chart of the agreements celebrated with the State santomense; with the ERHC in 1997 and renegociados in 2001 and 2003 and with Equator Exploration in 2001 and renegociado in 2003.

The Blocks seleccionados are subjects to Output obeying rigorously to the program of work it to be negotiated and to the light of the
legislation in force. 2 - it having been resolved the question of the rights acquired as establish them referred agreements,

the Government selected the following seven (7) Blocks like offering of Auction: Zone TO Blocks 1, 2, 3 and 6 Zone B Blocks 7, 8 and 13 3- THE Opening of the Auction will be in the day 02 March of 2010 and closing in the day 15 of September 2010.

4 – For more information about the 1st auction of Blocks of the EEZ, consult www.stp-eez.com/ 5

Luís Alberto
Executive Director