ERHC Energy Inc (ERHE)

[bobwill9]

FTC, this is what a fact looks like!

Nigeria-Sao Tome award five offshore oil blocks
Tue May 31, 2005 11:31 AM ET
ABUJA, May 31 (Reuters) - Sao Tome and Nigeria awarded five offshore oil exploration licences on Tuesday after a turbulent five-month delay plagued by disagreements between the countries and accusations of corruption.
A consortium of ERHC Energy (ERHE.OB: Quote, Profile, Research) and Devon (DEV.N: Quote, Profile, Research) won a 65 percent stake and the operatorship of block two, while the operatorship of block four, the other most highly contested block, was won by a consortium of ERHC Energy and Noble.