Wednesday, August 22, 2007 9:42:41 PM
Q. Is ERHC Energy truly an independent US oil and gas company or a face for another foreign company?
ERHC Energy is a Houston-based publicly-traded, independent oil and gas company with the goal of exploring numerous opportunities in West Africa.
ERHC Energy and its shareholders have the benefit of being invested in a regulated US company that has extensive relationships in the region, which is a unique position among peer companies seeking to do business in the region and attract foreign investment to their cause.
Our company is managed by employees and consultants to the company whose shared mission is to return value to all our shareholders. Though a significant portion of our stock has been held by a Nigerian controlled company, the majority of our ownership is in the hands of other investors.
Q. What is happening with the stock price?
It is impossible at any given time for the company to declare with certainty the trading activity that is affecting the company’s stock price. Investors are encouraged to seek guidance from investment professionals.
Q. When will investors learn of milestones in the company’s progress?
In keeping with full disclosure rules, the company will announce developments such that all interested parties will simultaneously have access to the information.
Q. Will the company comment on rumors?
No, the company does not comment on rumors and media reports but will provide timely, material information as well as provide periodic updates to the investment community.
Q. Is the company’s plan to position itself for a buy-out?
Our goal is to become a recognized and respected member of the international oil and gas community, specifically with interest in developing our business in West Africa.
http://www.erhc.com/en/cms/?56
ERHC's share of JDZ oil; 1 billion barrels. Once proven, ERHE will be $10+. All we need is time and patience.
Nuf said.
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