ERHC Energy Inc. Issues November 2015 Shareholder Update

HOUSTON, TX--(Marketwired - Nov 30, 2015) - ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in Sub-Saharan Africa, today issued the following update on Company activities from Dr. Peter Ntephe, president and chief executive officer.

To ERHC Shareholders:

I am pleased to update the investment community and other interested parties on ERHC Energy Inc.

1. General Meeting

a) Preparations are underway for a special meeting of shareholders of ERHC, scheduled for December 15, 2015 in Houston.

b) All shareholders of record as of the record date (November 2, 2015) should have received proxy statements. Voting is open online and by mail with specific voting details on each proxy.

c) The purpose of the special meeting is to consider the proposal of a 100:1 reverse stock split. ERHC's management and board believe that approval of the proposal would, among other things, enhance the company's balance sheet and better position ERHC to take advantage of merger and acquisition interest, particularly in the event of exploration success on any of its assets.

d) For more information, please visit ERHC's online database of SEC filings at http://erhc.com/secfilings/.

2. Kenya Block 11A

a) The Tarach-1 well is expected to spud at the end of the first quarter of 2016. The prospect is defined by four 2D seismic lines out of the 2014 survey. The structural trap is a 3-way dip closure against a north-south normal fault plane at 1,426 mMD (-954m TVDSS) and covering a surface area of 12 sq.km. The vertical closure is calculated at 220 meters at the P10 closing contour.

b) The contracting parties, led by CEPSA (the operating partner), have awarded drilling service contracts following the requisite tenders, and logistics operations toward drilling have begun.

c) Contingent upon the results of the Tarach-1 well, a second exploratory well, Egole-1, may follow shortly after the completion of Tarach-1.

d) As drilling approaches, ERHC has experienced a surge in interest in farming into Kenya. ERHC is currently in discussions with several interested international E&P companies.

e) The mean estimate of oil prospective unrisked resources for the prospect is 66 million barrels. Mean unrisked prospective resources of all prospects and leads in Block 11A totals 662 million barrels.