ERHC Energy Inc (ERHE)

[oilman57]

Disastorous agreement? Easy and politically expedient to say that now. Back then, it was the best STP could get and that is the best it got after trying to get all the respectable, non-exploitive, multi-nationals to deal with the STP. They wanted no part of the STP. Moreove, that disastorous agreement, is largely of historic interest. Remember, the agreement was renegotiated twice and in both cases more favourable terms were extended to the STP, and all of this after International Arbitration found that the Agreement was binding in law! Disastorous agreement, my derrier.

From Musings on RB.