ERHC Energy Inc (ERHE)

[manuel06]

It is/was good to spread the risk...but there are limits..lol

we don't know much about the 2nd largest oil company in the world.
http://www.ecasb.com/newsdetail-387-en.html
this is a different link to show the tentacles of NOIC Iran

National Iranian Oil Company


From Wikipedia, the free encyclopedia





National Iranian Oil Company
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Type

State-owned



Industry

Petroleum industry



Founded

1948



Headquarters

Tehran, Iran



Area served

Worldwide



Key people

Rostam Ghasemi
(Minister of Petroleum)
Ahmad Ghalehbani
(Managing Director)
Abdol-Mohammad Delparish
(COO)
Mahmoud Nikousokhan
(CFO)




Products

Oil
Gas
Petrochemicals



Revenue

US$ 85 billion (2010)[1]



Total assets

US$ 200 billion (2010)[1]



Employees

41,000 (2011)



Website

'en.nioc.ir'






Iranian oil and gas fields, infrastructure




Iran oil production, domestic consumption and exports
The National Iranian Oil Company (Persian: ???? ??? ??? ?????, Sherkat Melli Naft'e Iran), a government-owned corporation under the direction of the Ministry of Petroleum of Iran, is an oil and natural gas producer and distributor headquartered in Tehran. It was established in 1948.[2] NIOC ranks as the world's second largest oil company, after Saudi Arabia's state-owned Aramco