ERHC Energy Inc (ERHE)

[123wrc]

Total to take $200m plunge in Sao Tome of approximately $200 million," the news wire quoted le Cocq, a managing director at Total, as saying. The news comes after authorities said yesterday that indications of 'commerically viable' oil had been found in the exploration block. Total said last year that it had acquired Chevron's 45.9% interest in Block 1 in the JDZ, which it will operate in partnership with Addax Petroleum, Dangote Energy Equity Resources and Sasol Exploration and Production Nigeria. The oil Newspaper - upstreamonline.com 01.12.11....... reprint from upstream online