Replies to post #101467 on ERHC Energy Inc (ERHE)

[Art2004]

Re: the Senate Committee

1) there will be a large time spread between the subpoena and any hearings. Probably at least a few months.

2) As posted and discussed, Exxon, Chevron, Noble and other US oil companies have already been investigated by Congress over possible bribes given to the government of Equatorial Guinea.
ERHC joins a long list of US oil companies doing business in Africa.

3) We could get to actually see ERHC officers on C-Span!!

4) Any hearings held by Congress on ERHC would be public with transcripts available so we would get to know what was being investigated and what possible charges could exist.

5) Aikin Gump looks to have a client for the next couple of years.

[RUBY1100]

talk about a right wing conspiracy theory

geez - aren't there more pressing issues facing the USA currently - isn't Barak Obama off somewhere raising $32 million

finally WallDog I agree w/you
- what a complete waste of taxpayers money - FYI Haliburtons Gov;t contracting business has gone up 500% since Bush got in office - odd coincidence
Hey where is the pressure on XOM in BL - didn't they get 40%?

this PR was very carefully crafted
I have never seen our minnow so defensive [see below]

although the punches are coming in strong from all sides
and I'm sure the Ny Times and HC will have a follow up

we certainty were standing toe to toe and even throwing a few jabs back

"“The New York Times and The Houston Chronicle recently ran stories regarding ERHC. There are a few points that I would like to emphasize. ERHC’s rights in the JDZ, as well as those granted to other companies, were recognized by the Joint Development Authority pursuant to the terms of the treaty establishing the JDZ, which was ratified by the governments of Nigeria and Sao Tome & Principe.

Our position is that the circumstances during the past decade – including numerous concessions and renegotiations on our part – led to development rights in the JDZ being legitimately awarded to ERHC."