ERHC Energy Inc (ERHE)

[stun]

115 words
25 January 2006
22:10
Platts Commodity News
English
Copyright 2006. Platts. All Rights Reserved.
Houston-based ERHC Energy, a Nigerian-controlled minnow with large but controversial interests in the Nigerian-Sao Tome Joint Development Zone, disclosed Wednesday that CEO Ali Memon resigned Jan 20 "by mutual consent" to "spend more time with his family and to pursue other interests." Memom is succeeded as CEO and director by Walter Brandhuber, 51, who since 2003 has been a senior consultant at CRA International in London. From 1999 to 2003, Brandhuber was managing director and board member at Anglo-Dutch Odin Petroleum and was a director of Calverton Ltd. From 1989 to 1998 Brandhuber was at Union Texas Petroleum, reaching vice-president.

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>spend more time with his family< LOL, media-speak for 'shown the door'