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RUBY1100

07/02/07 7:14 AM

#100881 RE: RUBY1100 #100880

ERHC Blog Update + Response NY Times

http://www.erhc.blogspot.com/

RESONSE

From: "Joe Shea"
To: "NY Times"
Sent: Monday, July 02, 2007 4:27 AM
Subject: Error in Sao Tome story

My Response to The Times

Sir Emeka Offor is not under investigation
in Nigeria for insider trading, and there is no
evidence other than your statement to suggest he is.
The SEC was part of the FBI warrant that
led to the search of ERHC'soffices in Houston. That
occurred over a year ago and no such information
has been forthcoming since then.

A newspaper clipping was the sole content of the "William Jefferson"
file in ERHC Energy's Houston office. Indeed,
while ERHC is a small player, it is that
fact and not the unsubstantiated charges you
aired that ought to be examined in light of
the many big players ERHC competes with.

I write a blog about ERHC Energy called
"ERHC on the Move." As far as I am
concerned, you missed the forest for the trees.
The fellow who did the investigation that led to the
Sao Tome Atty. Heneral's report was R. Dobie
Langenkamp, who as head of the Tulsa U School
of Law is closely associated with corporate counsel
for all of ERHC's competitors in the Gulf of
Guineau.

It was paid for by George Soros, who
took a major position in ERHC's former partner in several
Gulf of Guinea blocks, Pioneer Natural Resources.
Chevron, ExxonMobil and Anadarko were the big losers in
the licensing round, and they have exerted all their
collective influence behind the scenes to get the
awards revisited. That has been assisted by Dobie
Langenkamp's close friends (and former students), Judy
Pensabene - chief Republican counsel for the Senate
Energy Committee - and Gregory Pensabene, her husband
and chief government lobbyist for Anadarko.

The
big oil boys have called all the shots on this story, and
you are either too slow or too scared to see it. The
reason this story is coming out now is because of my piece
on the informant in the William Jefferson case, which
dramatically undercut the probative value of her testimony.

Cordially,

Joe Shea
http://erhc.blogspot.com


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investorbynight

07/02/07 7:26 AM

#100882 RE: RUBY1100 #100880

Ruby, thanks for posting. I don't see how Soros "sought to help".

Article seems to support that the records being seized was related to Jefferson.

"some large multinational oil companies" why not just say Exxon? I think "were so suspicious" should be replaced by "were so envious and pissed off".

Here is the best line: "ERHC has emerged thus far as the biggest winner in Sao Tome". Can you say Ka-Ching?

Best to all,
DBD IBN

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RUBY1100

07/02/07 8:54 AM

#100886 RE: RUBY1100 #100880

the NY Times Just Changed the title on line

FROM...
No Oil Yet, but African Isle Finds Dealings Slippery

http://www.nytimes.com/2007/07/02/world/africa/02oil.html?_r=2&hp&oref=slogin&oref=slogi....

TO... On African Isle, Oil-Related Corruption Before Oil


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jdubs

07/02/07 9:16 AM

#100889 RE: RUBY1100 #100880

Hope this is a sign that the 2-minute game has begun by big oil. Can't help but ask, "Why now?". Best of luck to all!