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Friday, 08/05/2005 11:11:38 AM

Friday, August 05, 2005 11:11:38 AM

Post# of 362984
ERHC Bids In Nigerian EEZ; Offor May Seek Other Stakes
http://www.erhc.blogspot.com/
ERHC Energy has "at least one bid" on blocks offered in the Nigerian Exclusive Economic Zone, and ERHC chairman Sir Emeka Offor may be teaming with local companies to gain "stakes up to 10 percent in available blocks under provisions designed to promote local content and the growth of indigenous capacity," ERHC On The Move has learned.

Until now, there had been much speculation but no evidence the company bid in the Nigerian EEZ, where a host of companies are seeking the best of dozens of blocks offered onshore, near-offshore and in deep water.