Replies to post #339903 on ERHC Energy Inc (ERHE)

[ponzi_implosion]

Here are the referenced posts.

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kingpindg Thursday, 03/10/11 11:26:14 AM
Re: None 0
Post # of 339926

Apparently AEI is becoming a little more "intelligent"...

If only they could get "Eland" right. Excerpt from their latest article on the Shell properties, via Google...

On OML 40, considered the least oil-rich of acreage in the sell-off, the firm Elan Oil headed by Leslie Blair, a former Addax executive, put in a last minute bid of USD 150 million. It had hoped to outbid Vertex Energy, which had been the front-runner up to then. Vertex offered USD 125 million. Elan, for its part, is partnered with Starcrest Energy, one of a string of companies owned by businessman Emeka Offor, partner of Addax on OPL 291 (AEI 544/584).

http://www.africaintelligence.com/AEM/oil/2011/03/09/disinvestment-who-s-next-in-line%2C88525043-ART-login

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ponzi_implosion Thursday, 03/10/11 11:31:14 AM
Re: kingpindg post# 237186 0
Post # of 339926

Why would SEO not direct the OML40 business / contracts to ERHE instead of Starcrest. If the block were to be sucessful, then that might bump ERHE's share price and since he holds over 300,000,000 shares, that mght be a good thing.

Instead he has apparently kept the deal to himself. I wonder why?

Regards
P