ERHC Energy Inc (ERHE)

[oilman57]

"I have watched all of this very closely. My conclusion is that at the end of the day, the higher ups (presidents Obasanjo and De Menezes) will do whatever the heck they want anyway..."

Well they better do something soon. This has dragged on for far too long. How will they drum up any interest in their respective EEZ's when this whole JDZ process has been such a circus?

Why would a company waste the time to bid when they have to sit around tieing up valuable resources waiting for a decision that never comes?

These governments are making a serious miscalculation IMO by allowing this thing to stall and for failing to stick to deadlines.

Companies will not want to bother doing anything in this part of the world again.