ERHC Energy Inc (ERHE)

[ERHClongtimer]

Just a reminder of Total's take on Block 1:

"But Total is optimistic that the venture will turn out to be a good buy, just like with the case with prosperous Akpo offshore block, which was formerly owned by Nigerian unit of ExxonMobil, which abandoned the offshore block based on misconception that there was would not be much hydrocarbon find in it."

"Chevron refused to comment on the subject, but a top official of Total, who spoke with Vanguard in confidence, said in spite of negative reports on the finds in the region; it intends to deploy more sophisticated technology."

http://www.vanguardngr.com/2010/09/nigeria-sao-tome-to-discuss-jdz-operations/