American International Industries, Inc. (AMIN)

[windough-shopper]

Brenham's executives twice visited the Republic of Togo and met with the Oil Minister and otherwise briefed the Government of Togo about the deepwater prospects it had identified. Based on the technical work Brenham undertook to identify the prospective trend, the Government of Togo negotiated a Production Sharing Agreement with Brenham for the 4,433 sq km (1,095,418 acre) Block 2 concession.

Brenham alleges that during this process, a senior employee of TGS-NOPEC contacted the Togolese Oil Minister and interfered with Brenham's contractual rights. The Government of Togo subsequently signed a Production Sharing Agreement with ENI, and Brenham's lawsuit also alleges that ENI conspired with TGS-NOPEC to interfere with Brenham's rights to the Togo concession.