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Microcap & Penny Stocks : 10-Bagger MINIMUM Rise from July 1, 2005 until December 31,

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From: balaw3/15/2006 11:12:33 AM
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More ERHE news out!

REUTERS Nigeria, Sao Tome sign oil deal with ERHC, Sinopec [FXCDMRS]

ABUJA, March 15 (Reuters) - Nigeria and Sao Tome on
Wednesday signed a production sharing contract with a consortium
led by ERHC <ERHE.OB> and Sinopec <SNP.N><0386.HK> for one of
the deep-water oil exploration blocks they jointly administer.

The consortium will pay a signature bonus of of $71 million
for block 2 in the joint development zone in the Gulf of Guinea,
one of the world's most promising oil exploration areas.
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