ERHC Energy Inc (ERHE)

[Nightdaytrader]

Feltang Oil & Gas Limited Nigeria - website

Website doesn't have much data - looks very new. There is one link that has some words on Management Team but when I put them into language identifier websites, it is identified as Latin or some other language that isn't tied to Nigeria........ Hmmm, not sure.

ND9

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Feltang Oil & Gas Limited Nigeria

I don't remember this company....... Website looks new. Does anybody remember it and if so, is it related to ERHC's Feltang? See below.

thanks,
ND9
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Feltang Oil & Gas Limited

Feltang Limited is a wholly owned Nigerian company that provides integrated oil and gas services to the oil industry by working with equipment manufacturers and oil service contractors worldwide. Beyond Energy will, within a short time, become the reference point for qualitative service delivery in the oil service industry in Nigeria
http://www.feltang.com/about.asp

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The Company agreed to pay a $3,000,000 cash success fee ($1,500,000 was paid in March 2006 and the remaining $1,500,000 is included in accounts payable at June 30, 2006) to Feltang International Inc. ("Feltang"), a British Virgin Island company that was responsible for obtaining Sinopec's participation in Block 2. Under the agreement with Feltang, in addition to the cash payments, the Company also will issue 5,250,000 shares of common stock and warrants for 6,500,000 shares at $0.355 per share.