ERHC Energy Inc (ERHE)

[Southern Man]

"They now face more scrutiny and while there are still plenty of new Chinese-backed projects in the pipeline, a number of contracts around Africa have been cancelled or put on hold."

Other companies operating in Gabon including France’s Total and Perenco were also subject to audits, according to the US state department report.

In February, Gabon was struck off a list of countries that comply with global standards for the resources sector set by the Extractive Industries Transparency Initiative (EITI) after it failed to submit a report. "Gabon reaffirms its determination to work for continued improvement of good governance in the management of its raw materials, and its openness to work with any partner who is able to help in the process," Oil Minister Etienne Ngoubou said at the time. Only Equatorial Guinea and Sao Tome have previously been delisted from the EITI.

http://www.bdlive.co.za/africa/africanbusiness/2013/06/05/china-oil-firm-wears-out-its-welcome