ERHC Energy Inc (ERHE)

[spp119]

The esteem is mutual, majic

......and the "finger" was not really pointed at you, but at a few others....who like to pigeon-hole and draw conclusions.

But enough of that. And here is another EEZ related thought;

The following excerpt was published today in an article entitled
"Oando headline earnings down"
http://news.za.msn.com/african/article.aspx?cp-documentid=151024532

..."In an attempt to increase our upstream assets portfolio, we are at advanced stages of concluding the acquisition of controlling interests in Equator Exploration Limited for about $21.2 million," the (Oando) group said."

Despite what it (wrongly) says about price, this is the first time there is a mention in the Press of Oando taking over EEL....Oando now owns about 78%+ of EEL.

Now, how do you think the STPers feel with two Nigerian controlled firms now having the rights to take up four of their five best EEZ blocks (plus other options)....I hardly think they are jumping up and down with joy!

So could this also be another factor explaining the recent delays.....????

personal regards,

spp119