Replies to post #167783 on ERHC Energy Inc (ERHE)

[kobiashi2000]

"Sinopec and Brazil's Petroleo Brasileiro (PBR), or Petrobras, have a cooperation
agreement in oil and gas exploration, refining, petrochemicals, and the supply of
goods and services that could come in handy in western Africa. The deal allows
Sinopec to tap into Petrobras' ultra-deepwater oil and gas operations experience
- Petrobras contracts 80% of the world's supply of deep-water rigs - to explore
regions that were previously off limits due to technical constraints."

Lots and lots of activity on this front.

[Lickety Split]

Ruby1100,

This may be the key to everything (or nothing).

"Also, Sinopec Group has a subsidiary called Sinopec International Petroleum
Exploration and Production Corp. (SIPC) that undertakes overseas investments and
operations in the upstream oil and gas sector.

Sinopec is looking to build on its 2.8 billion barrels of proven reserves by
adding to its portfolio Addax's 536 million-plus barrels of proved and probable
reserves. Addax averaged production of 136.5 million barrels a day last year."

Dosen't Chrome Group fall into this category? Could all the posturing and speculation be for Chrome, our senior shareholder? Hmm, I wonder how deep these roots are! It certainly explains the silence and the share price "management" over the last two months.

Strass