ERHC Signs Participation Deal with Pioneer Natural Resources

Environmental Remediation Holding Corporation has signed an additional participation agreement with Pioneer Natural Resources Company whereby the companies will jointly evaluate and negotiate participation in Block 3 of the Nigeria/Democratic Republic of Sao Tome and Principe Joint Development Zone in the Gulf of Guinea, offshore West Africa.

"This makes the second agreement with Pioneer in the JDZ. I believe it demonstrates Pioneer's commitment to the region," commented Mr. Ali Memon, president and CEO of ERHC.