Addax Petroleum (fka AXC)

[sneak-attack]

I did not read it the wrong way. The purpose of the arbitration is to prevent ERHE from selling to a Higher Bidder and prohibit ERHE from using or sharing the vital business and seismic data involved in this block and other blocks in the region.

Kosmos tried to get ERHE to renegotiate the PSC for block 4 by lowering the Social Responsibility cost to the Sao Tome people and the minimum work requirements by almost 60%.

Very Shameful and Cowardly Act Indeed by Kosmos!

Just the way I See It!

Please do not discount the GREED of the Big Oil Companies!!

ERHE is where it is because of BIG Oil.

One does not get dragged before the Homeland Security Council unless very powerful companies push that Agenda!!

Sneak