Replies to post #268787 on ERHC Energy Inc (ERHE)

[kingpindg]

tamtam, this may answer your question...

Contractor to carry Government participation interests of up to 20% during exploration phases and upon commencement of development and production, Government may elect either directly or through an appointed Agent to convert the carried interest to a fully paid up participation.

http://www.cbcglobal.org/images/uploads/library/KIS2012_Oil__Gas_Exploration_Minister_for_Energy.pdf