ERHC Energy Inc (ERHE)

[Stay the Course]

STP with Energem as advisor on JDZ development: I stumbled across paragraphy below in a Quarter ended 31Aug05 report by Energem Resouces (ENM on TSX). Anyone on the board able to educate me on the relevance of this vis a vis the ERHE position? Help? Conflict? Irrelevant?

3.3.4 SAO TOME
In February 2004, the Company entered into a joint venture (JV) with the Democratic Government of Sao Tome et
Principe to manage and develop on their behalf their oil allocation contracts with oil producing African countries.
The Company has a 70% interest in the joint venture and whilst to date no active trade has taken place in terms of
the JV, the relationship with Sao Tome is considered strategically important to the Company’s presence in the West
African oil region for the long term.