Replies to post #86652 on ERHC Energy Inc (ERHE)

[wzebra33]

"The committee was set up by Dr. Edmund Daukoru, the Minster of State for Petroleum, following a directive from the presidency that measures be taken to review the bidding process and to plug any perceived loopholes in the previous rounds.

This development is seen as the outcome of recent controversy generated over the acquisition of oil block 291 by the Addax/Starcrest consortium during the 2006 bidding round which led to the suspension and recall of the Director of Petroleum Resources"

(IMO) this is why offor must take ERHE beyond it`s present form and combine with an oil company with deepwater experience or he (offor) will not be able to bid on future oil blocks in nigeria.