ERHC Energy Inc (ERHE)

[ERHClongtimer]

Or perhaps Glencore:

Alex Beard, Head of Oil of Glencore, said, "Today's completion of our acquisition of Caracal marks a natural progression in the development of Glencore Oil's exploration and production portfolio. Caracal's expertise and knowledge of operating in Chad will strengthen our growing African oil business. The Chad asset brings with it a very exciting programme of development and exploration and we look forward to the next step of unlocking the potential of the Doba and Doseo basins."

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12010282.html

Glencore E&P (Canada) Inc. is a wholly owned subsidiary of Glencore International PLC involved in the exploration, development and production of oil in the Republic of Chad in Africa. Through wholly-owned subsidiaries, the Company is a party to three production sharing contracts with the Government of Chad which provide the Company with the exclusive rights to develop: (i) the Chari-Ouest (Borogop) and Chari-Doseo blocks in Southern Chad in the Doseo and Eastern Doba basin; (ii) the DOB (Mangara) and DOI (Badila) blocks; and (iii) the DOH (N'Donambo) block.

Recent Updates

Glencore E&P (Canada) Inc. is hiring: Senior Exploitation Engineer

https://www.linkedin.com/company/griffiths-energy-international-inc-

Glencore originally farmed in with Caracal at 33-35%, and then ended up acquiring Caracal entirely, as noted above. Something similar could happen with ERHC, by a current or future partner.

In any case, Glencore is excited about the Doba and Doseo Basins; we should be also in regard to ERHC's efforts there. - LT