ERHC Energy Inc (ERHE)

[manuel06]

sneak
does this have anything to do with your knitting?
dont want to start any rumours here..just finding things is all.
Oando is involved.


Swiss Oil Billionaire Sells African Assets To Finance Iraq Adventure
Swiss Oil Billionaire Sells African Assets To Finance Iraq Adventure
Forbes - [2/22/2012]


Billionaire Jean Claude Gandur is reportedly close to finalizing a deal to sell the African oil trading and distribution assets of his Addax & Oryx Group to private equity firm Emerging Capital Partners.

Gandur has a long history in Africa, and over two decades AOG has built up a network of oil storage terminals and fuel distribution services that stretch across 21 countries including Nigeria and Tanzania. Emerging Capital Partners, a Washington, D.C.-based group with more than $1 billion invested in Africa, reportedly beat out a shortlist of big oil traders including Vitol and Trafigura. Emerging Capital Partners is also an investor in Nigerian oil company Oando. The A&O assets are said to be worth between $250 million and $500

million.http://www.iraqdirectory.com/DisplayNews.aspx?id=18494