ERHC Energy Inc (ERHE)

[midtieroil]

This is interesting. Sounds like phase two is going to happen and it sounds like results may take another 4 to 6 weeks.


http://www.vanguardngr.com/2010/03/03/erhc-to-expand-operation-in-nigerias-onshore/

The operators who got interested in blocks 2, 3 and 4. Sinopec is the operator in block 2 and Addax in blocks 3 and 4. Phase one of exploration drilling in that area has happened and is completed, we’re waiting for the results which would be announced within the next month or in six weeks and then we move on to phase 2. We have been following negotiations with the Joint development Authority (JDA)