Replies to post #169580 on ERHC Energy Inc (ERHE)

[kownski]

Ruby, what about this?
Posted by Kobi.

8.2.3 In the event that any new laws, regulations, rules, contracts,
agreements or the like are issued or promulgated into law, this
Agreement, and all of its terms and conditions, shall be exempted from
any adverse effects upon ERHC.

8.2.4 DRSTP shall not engage in conduct or enter into agreements that
would tend to circumvent the obligations of this Agreement.

[Spec29]

Looks like ERHC needs to express interest...

in all of the blocks within the EEZ within two weeks of the law going into effect to jam STP on private negotiations.

Notification of such approaches, under the new law, must be made public by the government, which can only begin negotiations with the company concerned if no other party formally expresses its interest within two weeks.