ERHC Energy Inc (ERHE)

[manuel06]

http://atlas-oranto.com/portfolio/sao-tome-and-principe/jdz-block-5/

ERHC exits Block 5 JDZ? 2012?.....lol...maybe ERHC should update their FAQs.
Q. What is the status of blocks 5 & 6 in the JDZ?

As indicated in the various quarterly and annual filings from ERHC in recent years, the Company’s rights in JDZ Blocks 5 and 6 are in arbitration. We have worked in recent years to improve our relations with Sao Tome government in hopes of resolving issues related to those rights – and the advances we’ve been able to make in the EEZ illustrate those positive relations. The JDA recently announced the signing of a PSC with the other parties in JDZ Block 5 and it is our understanding that 15 percent interest accruing to ERHC in that Block remain intact pending resolution of the arbitration.


What ? Exited in 2012?
cheers