Signing Date for Block 4 in the JDZ Pushed Back
President/CEO of ERHC Energy, Mr. Walter Brandhuber, stated that the Production Sharing Contract for Block 4 was not signed on Friday, February 24, 2006, due to minor political issues.
Management at ERHC Energy Inc. has been advised by government officials to anticipate signing the PSC on Block 4 on Tuesday, March 14, 2006.
Mr. Brandhuber also indicated all parties to the PSC are prepared to execute the PSC on that date.
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