ERHC Energy Inc (ERHE)

[oldoil]

From Bloomberg 10/18/18:

This is a few months old but supports a previous post about Exxon’s push forward in our backyard.


Exxon is no stranger to West Africa, having pioneered deep-sea discoveries off Nigeria and Angola, and opening landlocked Chad to drilling. While Ghana already has yielded a major find known as Jubilee, the other African countries in Exxon’s sights have little experience of deepwater oil and natural gas production. Rivals such as Tullow Oil Plc, Royal Dutch Shell Plc and Total SA are also on the hunt along Africa’s western coastline.