Replies to post #276948 on ERHC Energy Inc (ERHE)

[doubleaa]

King,
LLT is correct I read the article myself, been a while
AA

[kingpindg]

LMLT, if I recall correctly,...

this is the article that you are referring to, from Platts, as relayed by Joe Shea. The relevant lines are...

Industry sources also say the Addax deal may pave the way for Sinopec to buy out Houston-based ERHC's significant holdings in the JDZ, where it has interests in six of the nine blocks awarded by the Joint Development Authority, the body set up to oversee exploration.

and...

Sources don't rule out an acquistion of ERHC's equity.

Sorry, but there is nothing in there that indicates that Sinopec directly said they were interested in buying ERHC.

http://erhc.blogspot.com/2009/07/platts-says-sinopec-may-buy-out-erhc.html



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