ERHC Energy Inc (ERHE)

[farrell90]

Do you have a reference or link to confirm that statement?

"ERHC is currently in discussions with the Nigeria-Sao Tome & Principe Joint Development Authority (“JDA”) regarding the terms of a new Production Sharing Contract for Block 2 of the Joint Development Zone (“JDZ”). In addition to ERHC, the JDA has designated at least one new contractor on the PSC in replacement of interest-holders that have terminated their interests in the Block."

We know Sao Tome terminated Sinopec's rights to block 2.

Who is the new contractor?

BTW the price of natural gas has more than quadrupled in Europe this year.

https://ycharts.com/indicators/europe_natural_gas_price

GLTA, Farrell