ERHC Energy Inc (ERHE)

[oilman57]

By the way, IMHO Patrice Trovoado is the main problem here. Barry morgan said as much two weeks ago in his last update so Im not saying anything new here. Its amazing this one person apparently carries so much weight. He apparently is the one fighting for Anadarko and EEL and according to Barry was the most difficult person to satisfy in this whole thing. Whether that is actually true or not is anyone's guess.

I think the Nigerians are aware of this and that is why they have not budged an inch. And to that I say, good for you Obasanjo! The Nigerians know that the companies they selected would stand up through any arbitration process and they would win the arbitraton. That is why they dont feel the need to change "even a single comma". Even the World Bank agreed with the Nigerians in Noble over Anadarko.

So IMHO Sao Tome doesnt have a leg to stand on.