ERHC Energy Inc (ERHE)

[oilman57]

Rancho I respectfully disagree. Trovaodo imho is holding up the whole process. Barry Morgan said as much in his last update. He probably has connections to EEL and Anadarko and will stop at nothing to get his way. Thats why the blocks in dispute are 2, 3, and 4. The very blocks that Anadarko and EEL are in.

Some members of the JMC are probably under Trovaodo's influence as well and that is why they refused to sign off on awards. Even though the World Bank said that the companies selected had the best technincal capability. Why do you think they would take a stand and go directly against the World Bank? Its because of Trovaodo imho.

Remember, Sao Tome is a small country and those that are on theses various committees worked along side and under the Trovaodo's. So they still have immense loyalty to them. In addition many figure he will probably be the next President at some point in the future. So he still carries alot of clout.

Dont forget it was the Travoado's who hand picked Menezes. Maybe Menezes is a puppet for Travaodo and Travaodo is really the one calling all of the shots.