Jarch + SPLM

The New York based Jarch Capital, LLC accused the Sudan People’s Liberation Movement (SPLM) of violating a deal signed between the two parties giving Jarch explorations, and exploitation rights in Block B, in southern Sudan.

On 12 February 2003, the SPLM signed a contract with Jarch Capital, and its partners to explore and exploit oil in an area called Block B. In addition, this contract gave Jarch Capital, exclusive rights to all commodity contracts until 2009, said Phil Heilberg the chairman of Jarch Capital.

Furthermore, according to the agreement, the SPLM was required to contact Jarch Capital prior to any commodity deals.

As Eighteen months after the signing of our agreement, the SPLM signed a contract with the White Nile Ltd. Jarch Capital considers the signing of this new deal a violation of the representations and warranties given by the SPLM and a violation of the agreement as a whole, said Heilberg.

According to the source, Steven Wondu the SPLM representative in the USA, was the liaison officer in this transaction with the SPLM leadership. Phil Heilberg gave Sudan Tribune a series of emails correspondence with Wondu about this deal. The email of