JDZ Nigeria-Sao Tome e Principe

[seek the light]

What are the countries we look at when we are diversifying? We look at Nigeria, Gabon, Angola; these are the first country we look. We don't just come to Nigerian Oil and Gas (NOG), we attended similar conference in Sao Tome recently, and we will be in South Africa at the end of the year.

We are working in Angola. Examining our reasons for attending this conference is the fact that Nigeria as the biggest producer in West Africa, there is no way we can't appear here. Indeed, a lot of ERHC staff have Nigerian root, either they work here or they are born here or they have an affiliate in Nigeria.
Diversification in terms of going into other sectors
The second one, we have plans but not a major focus to diversify into other sectors but our concentration so far has been upstream, so what we are trying to do is to diversify into other countries, move beyond the Sao Tome area and diversify our holdings so that we can have holdings in Gabon, Angola, Nigeria and Sierra Leone.

http://www.businessdayonline.com/NG/index.php/gas/19431-we-give-the-technical-expertise-to-local-content-erhc-boss

Thursday, 24 March 2011 00:00 Olusola Bello

Peter Ntephe, chief executive officer of ERHC Inc (a publicly traded American company with valuable oil and gas assets in the Gulf of Guinea, off the coast of central West Africa), in this interview with Olusola Bello during the recent Nigerian Oil and Gas Conference in Abuja, spoke on local content issues and commitment to acquisition of more assets in the upstream sub-sector in the Gulf of Guinea.