ERHC Energy Inc (ERHE)

[oilman57]

"Eight years ago, ERHC officials waded out to remote São Tomé before others in the oil industry were willing to give the twin-island nation more than a passing glance."

This is why ERHC has preferential rights are greater than any other companies including Exxon. Exxon was not the one to get the ball rolling. They were brought in by ERHC. ERHC is the company that took the initial risk and thus has been awarded accordingly.