Lots of facts to digest in that article. Ike doesn't seem to buy Buschs' story. If this is another attempt to discredit Offor or Jdz related, they must have found alote of oil in OBO1. Only reason for it. My question is, How far can they go? All I can see them doing is pushing ERHE off to another exchange. Too many countries/companies need to replentish reserves or feed their growth. Maybe the US just doesn't want that much oil in the hands of a character like Offor? Who knows. But if this part of the article is true, then I'm not worried about making money with this stock.
---The two major areas of concern, in addition to the overcharging of domestic contracts are the cases of the acquisition by Chrome of the Environmental Remediation Holding Corporation, ERHC, by Offor (allegedly on behalf of Atiku and Obasanjo) which has oil holdings in Sao Tome and Principe and the controversy over the removal of OPL245 oil lease from Malabu Oil and the re-tender of this bloc to Shell. Both of these controversies are worth looking in some detail.----
Mr Busch seems to think that Offor is a front of sorts for Atiku/Obasanjo. Do you think these fella's will figure out how to make their shares worth money..... I do.
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