ERHC Energy Inc (ERHE)

[ac hotfries]

I will say in reviewing more about this company, they do not have deep pockets. So another small player bites the dust, 10% more of Block 3 available:

NIGERIA-SAO TOME JDZ
Block 3 (Addax Operator, Pan-Petroleum 10%):
The PSC (Production Sharing Contract) phase 1 continues until 13th September 2010. At this point, Panoro Energy intends to
relinquish the license.

http://www.panoroenergy.com/wp-content/uploads/20100826_Panoro_Q2_report-Final-2.pdf


-ach