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    ERHC ENERGY INC. (ERHE) endlich wird gebohrt! - 500 Beiträge pro Seite

    eröffnet am 11.03.09 16:42:34 von
    neuester Beitrag 23.07.12 22:11:23 von
    Beiträge: 47
    ID: 1.148.951
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    ISIN: US26884J2033 · WKN: A2ADHY · Symbol: ERHE
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      Avatar
      schrieb am 11.03.09 16:42:34
      Beitrag Nr. 1 ()
      Endlich tut sich was in der JDZ Zone wo Erhe seine Rechte hat.
      Zum Jahresende wirds endlich los gehen!

      Addax to drill with Deepwater Pathfinder

      3/11/2009 2:44:04 PM GMT


      Transocean drillship Deepwater Pathfinder

      CALGARY, AB: Addax Petroleum Corp. (TSX:AXC) signed an agreement with a subsidiary of Transocean for the provision and operation of drillship Deepwater Pathfinder to commence its deepwater exploration drilling campaign in the Joint Development Zone between Nigeria and São Tomé and Principe.

      Addax Petroleum expects to receive Deepwater Pathfinder at the end of the third quarter of 2009 and intends, subject to Joint Development Authority approval, to commence the drilling of the Kina prospect in Block 4 of the JDZ shortly thereafter.

      The contract with Transocean requires the drillship to drill four wells in total with a minimum commitment of 120 days, beginning in the fourth quarter of 2009 once it has completed a drilling campaign for a third party operator in Nigeria. Payments under the contract are based on a day rate charging structure and a day rate of US$600,000.
      Avatar
      schrieb am 11.03.09 17:11:43
      Beitrag Nr. 2 ()
      Antwort auf Beitrag Nr.: 36.746.860 von eisi1978 am 11.03.09 16:42:34ERHC Energy Inc. Announces Significant Progress toward Drilling in Joint Development Zone

      Exploratory Drilling Expected to Begin During the Fourth Quarter in JDZ Block 4

      HOUSTON, March 11, 2009 – ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in the highly prospective Gulf of Guinea off the coast of West Africa, today announced that a deepwater drill ship has been secured for the Joint Development Zone (JDZ). ERHC’s announcement followed today’s disclosure by ERHC’s technical partner, Addax Petroleum (TSX:AXC and LSE:AXC), that it expects to take possession of the Deepwater Pathfinder by the end of the third quarter and begin exploration in JDZ Block 4 during the fourth quarter of 2009.

      Owned by Deepwater Drilling LLC and managed by Transocean Inc., the Deepwater Pathfinder is a Samsung Heavy Industries and R&B Falcon designed dynamically-positioned drill ship that is capable of drilling in water depths up to 10,000 feet. In 2007, the Deepwater Pathfinder set the record for drilling in the deepest water depth offshore Nigeria at the time. The vessel drilled the Opukiri 1X well for Devon Energy offshore Nigeria in 2,766 m (9,075 ft) water depth. The rig entered service in 1998.

      “The Deepwater Pathfinder is among the best rigs in the market, and securing the drill ship is testament to the commitment of ERHC’s technical partners toward accelerating exploration in the JDZ,” said ERHC Chief Operating Officer Peter Ntephe.

      ERHC Energy has a 19.5 percent participating interest in JDZ Block 4, in which Addax is the operator. Last month, the independent engineering firm, Netherland, Sewell & Associates, Inc. (NSAI) released a Resources Assessment for ERHC that estimated ERHC's unrisked prospective resources in JDZ Block 4 totaled 231.6 million barrels of oil and 245 billion cubic feet of natural gas (P50). The NSAI report estimated ERHC risked prospective resources in JDZ Block 4 totaled 88.4 million barrels of oil and 86.2 billion cubic feet of natural gas (P50).

      ERHC has 22 percent participating interest in JDZ Block 2, in which Sinopec is the operator. The NSAI report estimated ERHC's unrisked prospective resources in JDZ Block 2 totaled 77 million barrels of oil and 93.9 billion cubic feet of natural gas (P50). The NSAI report estimated ERHC risked prospective resources in JDZ Block 2 totaled 38.3 million barrels of oil and 47.9 billion cubic feet of natural gas (P50).

      ERHC Energy also holds a participating interest in JDZ Block 3, a working interest in JDZ Blocks 5, 6 and 9, and preferential rights to participate in exploration and production activities in São Tomé & Principe’s Exclusive Economic Zone (EEZ).

      About ERHC Energy

      ERHC Energy Inc. is a Houston-based independent oil and gas company focused on growth through high impact exploration in the highly prospective Gulf of Guinea and the development of undeveloped and marginal oil and gas fields. ERHC is committed to creating and delivering significant value for its shareholders, investors and employees, and to sustainable and profitable growth through risk balanced smart exploration, cost efficient development and high margin production. For more information, visit www.erhc.com.

      This press release contains statements concerning ERHC Energy Inc.’s future operating milestones, future drilling operations, the planned exploration and appraisal program, future prospects, future investment opportunities and financing plans, future shareholders’ meetings, response to the Senate Subcommittee investigation, developments in the SEC investigation of the Company and related proceedings, as well as other matters that are not historical facts or information. Such statements are inherently subject to a variety of risks, assumptions and uncertainties that could cause actual results to differ materially from those anticipated, projected, expressed or implied. A discussion of the risk factors that could impact these areas and the Company’s overall business and financial performance can be found in the Company’s reports and other filings with the Securities and Exchange Commission. These factors include, among others, those relating to the Company’s ability to exploit its commercial interests in the JDZ and the exclusive territorial waters of São Tomé and Príncipe, general economic and business conditions, changes in foreign and domestic oil and gas exploration and production activity, competition, changes in foreign, political, social and economic conditions, regulatory initiatives and compliance with governmental regulations and various other matters, many of which are beyond the Company’s control. Given these concerns, investors and analysts should not place undue reliance on these statements. Each of the above statements speaks only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company’s expectations with regard thereto or any change in events, conditions or circumstances on which any of the above statements is based.
      Avatar
      schrieb am 12.03.09 09:35:33
      Beitrag Nr. 3 ()
      Antwort auf Beitrag Nr.: 36.746.860 von eisi1978 am 11.03.09 16:42:34ERHC Energy Inc. (ERHE.OB)0.29 sehr stark ... boden
      Avatar
      schrieb am 12.03.09 10:21:00
      Beitrag Nr. 4 ()
      Antwort auf Beitrag Nr.: 36.750.828 von seblas am 12.03.09 09:35:33angeblich solls diese Woche nochmals news geben. Mal sehen was draus wird.
      Da ja nun endlich die Probebohrungen in greifbare Nähe gerückt sind sollte der Kurs stetig leicht ansteigen.

      Trotz schwierigem Gesamtumfeld könnte hier was zu holen sein.
      Avatar
      schrieb am 15.04.09 22:27:19
      Beitrag Nr. 5 ()
      Sie läuft und läuft:lick:

      Nächste Station 0,40 CAD:D

      Trading Spotlight

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      Avatar
      schrieb am 23.04.09 13:06:22
      Beitrag Nr. 6 ()
      Gerücht !!!!!

      Addax - ERHC
      Deal or Fusion
      :lick:

      http://investorshub.advfn.com/boards/board.aspx?board_id=190…
      Avatar
      schrieb am 25.04.09 11:36:11
      Beitrag Nr. 7 ()
      Gründe warum es höher geht !

      ....aus dem IHUB Board


      Reasons for the uptrend to continue:

      -Drilling expected to start in September or October with the Deepwater Pathfinder drilling the Kina prospect in Block 4.
      -The investigations are "not active at this time". Dormant and moribund also describe the current status of the investigations. Legal fees have been decreasing!
      -Oil prices expected to be on the rise into next year, possibly reaching $100 again by 2011 IMO.
      -3D seismic studies indicate that there are billions of barrels of oil in the JDZ.
      -Full carry until oil production begins.
      -World-renowned technical partners in Addax, Sinopec, and Anadarko.
      -Over $30M in cash, which at the current burn rate is enough to last for 11 years.
      -500 million barrels of oil for ERHE's rights in Blocks 2 through 4 would value the stock at somewhere between $3 and $8 (depending on the price of oil) by 2012, and that doesn't include the rest of our Blocks in the JDZ, natural gas, or the EEZ.
      -SEO's selling target appears to be in the $10 range.
      -We are on the radar of fund managers due to the conferences.
      -The Kina prospect alone could value this stock around 75 cents to $1.
      -Arbitration results for Blocks 5 and 6 probably before summer.
      -Expenses have been reduced.
      -Over the last 2 years, negligible dilution of only 0.4%.
      -STP EEZ Block delineations probably taking place late this year.
      -Potential for pre-salt oil in the EEZ, such as is off the coast of Brazil.
      Avatar
      schrieb am 20.05.09 14:04:53
      Beitrag Nr. 8 ()
      Bohrbeginn in 4 Wochen:lick:

      Aus dem IHUB Board

      *****GREAT NEWS JDA UPDATE******

      Just got this from JDA Source:

      Mark,the drilling campaign in the JDZ will take place as follows;
      -Sinopec will use SEDCO 702 rig to drill BOMU 1 prospect from 1 july 2009
      -Addax will use Deepwater Pathfinder to drill Kina 1,from the second week of july 2009
      More details - updates soon
      All the best
      Avatar
      schrieb am 10.06.09 11:35:22
      Beitrag Nr. 9 ()
      Let's Rock :D

      Chief Operating Officer Updates ERHC Energy Inc. Shareholders
      HOUSTON, June 9, 2009 – ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in the highly prospective Gulf of Guinea off the coast of West Africa, today issued the following update on Company activities from Peter Ntephe, chief operating officer.
      To ERHC Shareholders:

      I am happy to update the ERHC Energy family on the company’s recent progress.

      Development of our assets in the Joint Development Zone (JDZ) remains the principal focus of this Company and we continue to concentrate our time, energies and resources on accomplishing that objective.

      This spring has been a very busy period in the JDZ filled with blockbuster developments. We have been required by contract and regulation to keep a lot of the detailed information on evolving plans in the JDZ confidential. Only the operator and the Joint Development Authority (JDA) are allowed to make initial announcements on such matters. They decide when the time is right for relevant announcements. However, we have authorization to update you broadly on what has been happening.

      First, drilling is very close – possibly less than six weeks away – in JDZ Block 2 in which ERHC holds a 22 percent interest. As previously disclosed, the JDA has approved the Bomu-1 Prospect as the first drilling location in Block 2. Based on the latest schedule, Sinopec might spud the well as early as July.

      Addax is the operator of JDZ Block 4 in which ERHC holds a 19.5 percent interest. Addax currently plans to use the Deepwater Pathfinder to drill three wells in Block 4, starting with the Kina-1 Prospect. The second and third drilling locations will be determined based upon the Kina-1 exploration results. Addax expects to take possession of the Deepwater Pathfinder early in the third quarter, possibly as early as July.

      Also, in the past, we have highlighted the Aban Abraham deepwater drill ship, so I wanted to update you on that as well. After enduring repeated delays on the ship, Addax has announced that it has cancelled the contract for the ship and it is no longer part of our plans for the JDZ.

      There are also substantial and positive developments in JDZ Block 3 in which ERHC holds a 10 percent interest. Current plans are to spud the Lemba Prospect before the end of the third quarter. We expect significant announcements from the operator of the Block shortly.

      The pace of development in the three blocks justifies our strategy of aligning with highly capable and experienced technical partners, Addax and Sinopec, to whom a great deal of credit is due. We could not be happier with the outcomes of their hard work and determination to make exploration in the coming months a reality.

      We are exploring possibilities for strategic alliances with our technical partners on future initiatives in the JDZ and elsewhere. These discussions are at a very early stage, but we are hopeful that we will be able to extend upon our mutually beneficial partnerships.

      A year ago we described our plan to independently grow the Company through acquisitions. The credit crisis considerably constrained our ability to secure funding for the planned acquisitions. The acquisitions were to be funded mainly from sources other than the Company’s current cash assets. We have resumed work on the acquisitions aspect of the growth strategy, looking at potential targets in North America and West Africa, but it is important to understand that we continue to proceed cautiously.

      Several shareholders have expressed their strong objection to any acquisitions on the grounds that they will devalue the JDZ assets or weaken the Company by depleting current cash reserves. Be assured that we do not intend to jeopardize our financial position. Our approach to investment continues to be prudent rather than cavalier. It is important to ensure at all times that the Company’s ability to meet operational commitments and regulatory requirements are not adversely affected.

      Growth through acquisitions is well advised. We are creating the subsidiary structures necessary to keep those acquisitions separate from the JDZ assets. While this has always been the intention, we hope that specifying it clearly here will allay the fears of those shareholders who oppose acquisitions because they do not want the JDZ assets to be thereby ‘diluted’ or ‘devalued.’

      As drilling gets closer, we are making plans to re-intensify delivery of the ERHC message to the wider investment community. Vice President Corporate Development, David Bovell, is slated to present tomorrow at the Growth Company Investor Show in London. He will give an overview of the Company's assets, the NSAI estimates of our prospective resources and the revised growth strategy. We are tying revamp of market outreach to the commencement of drilling in the JDZ so that the message we deliver has greater potency and the resources committed to the effort are optimized.

      These are exciting times for the ERHC Energy family, given the fast-paced developments in the JDZ where our core assets are located. We are closer than we have ever been to finally actualizing those assets after years of hard work and perseverance. I thank you all for your continued interest in the Company and your trust and support.

      If you have questions, please submit them to Dan Keeney, our investor relations representative, at dan@dpkpr.com.

      Sincerely,

      Peter Ntephe
      Chief Operating Officer

      This document contains statements concerning ERHC Energy Inc.’s future operating milestones, future drilling operations, the planned exploration and appraisal program, future prospects, future investment opportunities and financing plans, future shareholders’ meetings, response to the Senate Subcommittee investigation, developments in the SEC investigation of the Company and related proceedings, as well as other matters that are not historical facts or information. Such statements are inherently subject to a variety of risks, assumptions and uncertainties that could cause actual results to differ materially from those anticipated, projected, expressed or implied. A discussion of the risk factors that could impact these areas and the Company’s overall business and financial performance can be found in the Company’s reports and other filings with the Securities and Exchange Commission. These factors include, among others, those relating to the Company’s ability to exploit its commercial interests in the JDZ and the exclusive territorial waters of Sao Tome and Principe, general economic and business conditions, changes in foreign and domestic oil and gas exploration and production activity, competition, changes in foreign, political, social and economic conditions, regulatory initiatives and compliance with governmental regulations and various other matters, many of which are beyond the Company’s control. Given these concerns, investors and analysts should not place undue reliance on these statements. Each of the above statements speaks only as of the date of this document. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company’s expectations with regard thereto or any change in events, conditions or circumstances on which any of the above statements is based.
      Avatar
      schrieb am 01.07.09 06:56:50
      Beitrag Nr. 10 ()
      ERHC Energy Responds to Planned Acquisition of Addax Petroleum by Sinopec

      http://www.oilvoice.com/n/ERHC_Energy_Responds_to_Planned_Ac…
      Avatar
      schrieb am 13.08.09 09:55:09
      Beitrag Nr. 11 ()
      Antwort auf Beitrag Nr.: 37.497.648 von rieder_1958 am 01.07.09 06:56:50Die großen fangen an zu fischen in der JDZ Zone JDZ Bomu-1 well in Block 2 http://www.oandoplc.com http://www.wallstreet-online.de/diskussion/1138259-131-140/e…

      Irgendwas stinkt da nach viel Geld.:laugh::laugh::laugh:
      Avatar
      schrieb am 13.08.09 10:04:09
      Beitrag Nr. 12 ()
      http://transworldnews.com/NewsStory.aspx?id=106062&cat=1

      ERHC Energy Inc. (OTCBB: ERHE) a publicly traded American company with oil and gas assets in the highly prospective Gulf of Guinea off the coast of West Africa, today issued the following update on Company activities from Peter Ntephe, chief operating officer. In recent months, ERHC's management has concentrated our time, energies and resources on developing our assets in the Joint Development Zone (JDZ). We expect August will be a history-making month for the Company as the operators of two JDZ Blocks in which ERHC has interests plan to commence exploratory drilling.
      Sinopec Corp., the operator of JDZ Block 2, in which ERHC has a 22 percent interest, has authorized us to disclose that it plans to drill the Bomu Prospect using the SEDCO 702 semi-submersible drilling unit. Owned by Transocean, Inc., the SEDCO 702 is capable of operating in moderate environments and water depths up to 6,562 feet and drilling depths of up to 25,000 feet. While it is important to understand that drilling plans are subject to change, Sinopec predicts the SEDCO 702 might be available to begin exploration in JDZ Block 2 around August 20, 2009.

      Da wird mir so einiges Klar, ich glaube es wird höchste Zeit.
      Avatar
      schrieb am 21.08.09 15:59:36
      Beitrag Nr. 13 ()
      hehehe zwei Drillships ab nächster Woche - da wirds sicher noch die ein oder andere PR dazu geben. Also von mir aus darf die 1 Euro Marke dieses Jahr gerne noch fallen :D
      Avatar
      schrieb am 11.10.09 22:43:23
      Beitrag Nr. 14 ()
      Ergebnisse

      Drilling Finished In 2 Wells, ERHC Says, But No News Yet

      http://erhc.blogspot.com/
      Avatar
      schrieb am 12.10.09 18:39:14
      Beitrag Nr. 15 ()
      Wenn ich das jetzt richtig verstehe stehen satte Gewinne bevor wenn die Firma Bodenschätze findet. Aber was ist wenn die Borungen nichts ergeben sollten?? Wie viel kapital hat die Firma??
      Und was glaubt ihr wird sie in den nägsten Tagen wieder steigen oder weiter fallen??
      Avatar
      schrieb am 04.12.09 11:54:15
      Beitrag Nr. 16 ()
      hab schon ne Weile nimmer hier reingeschaut. Nach dem Höhenflug folgte wie üblich ein kleiner Absturz.

      Seit gestern gehts wieder bergauf, was zum einen damit zu erklären ist dass laut Afren in Block 1 Öl und Gas gefunden wurde und zum anderen wurde bekannt dass Addax eine zusätzliche Bohrung in Block 4 vornimmt.

      Das Bohrschiff kostet ca 1 mio Dollar / Tag und ich kann mir nicht vorstellen dass Addax das bezahlt wenn Sie bisher nix vielversprechendes gefunden hätten.

      Außerdem sollen die Bohranalysen noch in diesem Jahr bekannt gegeben werden.

      Für Spannung ist bis Jahresende somit gesorgt und ich kann mir gut vorstellen dass die Aktie an Ihren Höchstständen von diesem Jahr kratzen wird und bei positiven Bohrergebnissen weit darüber hinaus schießt....
      Avatar
      schrieb am 08.12.09 20:09:56
      Beitrag Nr. 17 ()
      Aus dem IHUB

      Very nice company for ERHC to be in:
      "Block Companies
      1 Chevron, ExxonMobil, Dangote Energy Equity Resources, Afren Energy Equity Resources, Afren
      2 Sinopec, Addax/ERHC, ONGC, Equator, Foby Engineering, Momo Oil & Gas
      3 Anadarko, Addax/ERHC, DNO-EER, Equinox, Ophir, Broadlink
      4 Addax/ERHC, Conoil, Overt Energy, Godsonic, Centurion Energy, Hercules Energy" Hercules Energy"
      It feels like ERHC as a rookie being inserted into the Yankees lineup!
      All that good has to rub off.
      Avatar
      schrieb am 14.12.09 16:46:01
      Beitrag Nr. 18 ()
      Interessante Chartanalyse

      http://www.youtube.com/watch?v=AEByNZipsIc
      Avatar
      schrieb am 15.12.09 11:30:19
      Beitrag Nr. 19 ()
      Antwort auf Beitrag Nr.: 38.564.008 von rieder_1958 am 14.12.09 16:46:01


      ERHC Energy Inc. Schedules Quarterly Conference Call

      HOUSTON, December 9, 2009 – ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in the highly prospective Gulf of Guinea off the coast of West Africa, will hold its quarterly conference call on Tuesday, December 15, 2009 at 9:00 a.m. Eastern Time. ERHC Chief Operating Officer Peter Ntephe will lead a discussion of the Company’s fourth quarter and year-end financial performance and operating highlights.

      To participate, please dial 888-721-1403 (domestic) or 706-758-1074 (international) five to ten minutes before the call begins and reference the pass code 45263070.

      A simultaneous live Webcast of the call will be available over the Internet and will be accessible by going to https://www.livemeeting.com/cc/erhcenergy/join and entering the Meeting ID: 4T4SBK and Entry Code: JSC?~5b.

      A replay of the call will be available from Tuesday, December 15, 2009 at 10:00 a.m. Eastern Time through December 22, 2009 by dialing 800-642-1687 (domestic) or 706-645-9291 (international) five to ten minutes before the call begins and reference the pass code 45263070. In addition, a replay of the Webcast will be available at www.erhc.com.

      To open additional lines of communication with shareholders and other interested parties, ERHC also has posted a series of videos to its Web site at www.erhc.com/videos/. They feature ERHC Chief Operating Officer Peter Ntephe discussing drilling progress in the Nigeria-São Tomé & Príncipe Joint Development Zone, next steps in the São Tomé & Príncipe Exclusive Economic Zone and the Company’s pursuit of potential acquisitions in the West Africa oil and gas industry.

      ERHC Energy has interests in six of the nine Blocks in the offshore JDZ. The Company has additional interests in the Exclusive Economic Zone (EEZ) of the Democratic Republic of São Tomé & Príncipe.

      About ERHC Energy
      ERHC Energy Inc. is a Houston-based independent oil and gas company focused on growth through high impact exploration in the highly prospective Gulf of Guinea and the development of undeveloped and marginal oil and gas fields. ERHC is committed to creating and delivering significant value for its shareholders, investors and employees, and to sustainable and profitable growth through risk balanced smart exploration, cost efficient development and high margin production. For more information, visit www.erhc.com.
      Avatar
      schrieb am 16.02.10 16:16:14
      Beitrag Nr. 20 ()
      ERHC Energy Inc. Announces Block Awards in São Tomé & Príncipe Exclusive Economic Zone

      http://investorshub.advfn.com/boards/read_msg.aspx?message_i…
      Avatar
      schrieb am 24.02.10 22:45:55
      Beitrag Nr. 21 ()
      :eek:

      Erhc Energy (BB) (USBB:ERHE)
      Last Price (USD) $ 0.7
      Change ▲ 0.20 :kiss:(40.00%) :lick:
      Bid 0.69
      Ask 0.70
      Volume 3,269,630
      Avatar
      schrieb am 25.02.10 09:02:34
      Beitrag Nr. 22 ()
      Antwort auf Beitrag Nr.: 39.006.869 von rieder_1958 am 24.02.10 22:45:55das wird fein heute, mal sehen was geht. ich tippe mal auf 6 mio gehandelte Aktien in den Usa und ein Schlußkurs von um die 90 Cent.

      Block 4 ist ein Volltreffer! Sweet light Crude Oil....

      Die Bohrergebnise vom letzten Halbjahr werden vermutlich in den nächsten 10 Tagen veröffentlicht. Mal sehen ob die Chinesen ein Angebot auf den Tisch legen.
      Avatar
      schrieb am 27.07.10 22:47:32
      Beitrag Nr. 23 ()
      Short Interest = 0
      Gutes Zeichen um das GAP zu schließen:lick:
      Avatar
      schrieb am 06.01.11 07:41:20
      Beitrag Nr. 24 ()
      sind alle ausgestiegen ????
      Avatar
      schrieb am 06.01.11 08:55:05
      Beitrag Nr. 25 ()
      schon etwas älter, aber hochinteressant


      ERHC Energy Inc. Reports Fourth Quarter and Year End 2010 Financial Results
      .
      Companies:ERHC ENERGY INC.Related Quotes
      Symbol Price Change
      ERHE.OB 0.22 +0.03


      {"s" : "erhe.ob","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} Press Release Source: ERHC Energy Inc. On Tuesday December 14, 2010, 5:52 pm EST
      HOUSTON, TX--(Marketwire - 12/14/10) - ERHC Energy Inc. (OTC.BB:ERHE - News), a publicly traded American company with oil and gas assets in the highly prospective Gulf of Guinea off the coast of West Africa, today announced its results for the fourth quarter and fiscal year ended September 30, 2010.

      During the 2010 fiscal year, ERHC's general and administrative expenses totaled $5,156,778, which represented an increase over 2009. The increase was primarily due to higher expenses related to the Company's proposed listing on the Alternative Investment Market (AIM) of the London Stock Exchange and to activities related to evaluation of acquisition opportunities.

      As of September 30, 2010, ERHC reported $17,914,207 in cash and cash equivalents and US Treasury Bills, and virtually no debt.

      "We reached important milestones in 2010, including the conclusion of the initial exploratory drilling campaign in Blocks 2, 3 and 4 of the Nigeria-São Tomé & Príncipe Joint Development Zone (JDZ) and the award of Blocks 4 and 11 in the São Tomé & Principe Exclusive Economic Zone to ERHC said ERHC CEO Peter Ntephe. "With a number of initiatives well underway, we expect a busy year ahead."

      ERHC is pursuing the following strategic initiatives:


      •ERHC expects to enter into negotiations on Production Sharing Contracts (PSCs) on the Company's EEZ Blocks and is in discussions with potential operating partners to farm-in to the Blocks.
      •ERHC is raising funds for acquisitions in order to grow and diversify its portfolio of oil and gas assets.
      •ERHC is pursuing a proposed listing on the AIM, a respected exchange that should enable the Company to access a new pool of capital.

      About ERHC Energy
      ERHC Energy Inc. is a Houston-based independent oil and gas company focused on growth through high impact exploration in the highly prospective Gulf of Guinea and the development of undeveloped and marginal oil and gas fields. ERHC is committed to creating and delivering significant value for its shareholders, investors and employees, and to sustainable and profitable growth through risk balanced smart exploration, cost efficient development and high margin production. For more information, visit www.erhc.com.

      Cautionary Statement
      This press release contains statements concerning ERHC Energy Inc.'s future operating milestones, future drilling operations, the planned exploration and appraisal program, future prospects, future investment opportunities and financing plans, future shareholders' meetings, response to the Senate Subcommittee investigation, developments in the SEC investigation of the Company and related proceedings, as well as other matters that are not historical facts or information. Such statements are inherently subject to a variety of risks, assumptions and uncertainties that could cause actual results to differ materially from those anticipated, projected, expressed or implied. A discussion of the risk factors that could impact these areas and the Company's overall business and financial performance can be found in the Company's reports and other filings with the Securities and Exchange Commission. These factors include, among others, those relating to the Company's ability to exploit its commercial interests in the JDZ and the Exclusive Economic Zone of São Tomé and Príncipe, general economic and business conditions, changes in foreign and domestic oil and gas exploration and production activity, competition, changes in foreign, political, social and economic conditions, regulatory initiatives and compliance with governmental regulations and various other matters, many of which are beyond the Company's control. Given these concerns, investors and analysts should not place undue reliance on these statements. Each of the above statements speaks only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any of the above statements is based.

      Contact:
      Contact: Dan Keeney, APRDPK Public Relations832-467-2904Email Contact
      Avatar
      schrieb am 06.01.11 10:07:41
      Beitrag Nr. 26 ()
      das Unternehmen arbeitet in unmittelbarer Nachbarschaft von Hyperdynamics in West-Afrika (Guinea/Nigeria), so das vielleicht eine ähnliche Entwicklung wie bei HDY erwartet werden kann.
      Schaut Euch den Kursverlauf bei WKN 920879 und den entsprechenden Thread einmal an, ob Ihr meine Einschätzung teilen könntc.
      Avatar
      schrieb am 10.01.11 14:11:23
      Beitrag Nr. 27 ()
      von Ende 2010


      NEWS Exclusive Economic Zone (EEZ)

      To ERHC Shareholders:

      I am pleased to update the ERHC Energy family on the company’s recent progress.

      São Tomé and Príncipe Exclusive Economic Zone (EEZ)

      I have recently returned to the office after being part of the ERHC management delegation that traveled to São Tomé & Príncipe. The Company participated as a Gold Sponsor in the 14th UNCTAD Africa Oil, Gas and Minerals Conference, which was held between November 21st and 24th on the island of São Tomé. While there, we had numerous meetings with government officials as well as with representatives of oil and gas exploration companies.

      We also witnessed significant progress toward offshore exploration in the São Tomé & Príncipe Exclusive Economic Zone (EEZ). The National Petroleum Agency of São Tomé & Príncipe (ANP-STP) announced the names of the companies that submitted bids for the first licensing round of the EEZ and stated that it is currently reviewing the bids. ERHC already holds 100 percent working interests in Blocks 4 and 11 of the EEZ and rights to acquire up to a 15 percent working interest in two additional blocks of its choice in the EEZ.

      We anticipate that the conclusion of the bid round will serve as a catalyst for advancing talks with potential operating partners in the EEZ.

      The conclusion of the bid round also clears the way for progress toward commencement of negotiations on Production Sharing Contracts (PSCs). The relevant petroleum regulations of São Tomé & Príncipe require PSCs to be signed by companies registered in São Tomé & Príncipe or foreign companies through São Tomé & Príncipe incorporated subsidiaries. ERHC has recently secured an office on the island of Sao Tome in anticipation of PSC negotiations.

      Joint Development Zone (JDZ)

      Another major development that occurred during the UNCTAD Africa Oil, Gas and Minerals Conference was the Joint Development Authority’s announcement of formal approval of a subsidiary of Total SA of France as the new operator in JDZ Block 1.

      Although ERHC does not have interests in JDZ Block 1, the Block does border JDZ Blocks 2, 3 and 4 in which we do have interests. The entry of a highly experienced and technically capable operator such as Total, which is currently operating the highly successful AKPO development about 30 kilometers north of the JDZ, positively reflects on the JDZ as a whole.

      Meanwhile we are in the midst of a six-month extension of Exploration Phase 1 in JDZ Blocks 2, 3 and 4. We continue to support the ongoing studies being conducted by our technical partners, Sinopec Corp., the operator of JDZ Block 2, and Addax Petroleum, the operator of JDZ Blocks 3 and 4. The extension period will end in March 2011.

      AIM Listing Status Update

      Work is still underway on reports being compiled by the Company’s advisers and independent experts that are required for listing on the AIM market of the London Stock Exchange.

      The analyses have proven to be more complicated and are requiring a longer time than that of the usual listing applicant. With a history stretching back to the 1980s, ERHC has a fairly more complicated background to sort out than those of many early-stage companies seeking a listing. For instance, the examination has required analysis of our long trading history and voluminous SEC filings over that span – not only for ERHC but for predecessor companies and companies that were acquired along the way as well.

      None of this activity will impact the Company’s current trading on the OTC in the U.S.. We will provide updates as the process advances into the New Year and thank you for your patience.

      Value is Built on Growth

      Since our last update, ERHC has begun raising funds to enable us proceed with the Company’s acquisition strategy. Our investment bankers and placement agents enabled the completion of a registered direct placement of approximately $2 million to institutional investor clients of theirs.

      The placement was done under ERHC’s effective shelf registration statement which permits us to raise up to $50 million. Holders of more than five percent of ERHC stock are statutorily obliged to be publicly disclosed. Where, therefore, any placement under the shelf registration statement results in an investor holding up to five percent of ERHC stock, such an investor’s details will be included in ERHC’s filings with the Securities and Exchange Commission. It is, however, within the rights of holders of less than five percent of the stock to choose not to be named.

      With approximately $20 million in cash and cash equivalents at the end of the fiscal third quarter, ERHC has adequate funds to cover its operating (general and administrative) expenses for several years. To enhance shareholder value, we need to expand ERHC’s portfolio beyond the current concentration in the JDZ and the EEZ. Value is built on growth and not stagnation. We also need to develop a portfolio of assets that is balanced between exploration, development and production stages. To carry out this expansion, ERHC needs to raise new money. It is as simple as that. Our current portfolio of exploration-stage assets will not begin producing revenues until much later in the decade.

      Debt financing for acquisitions is usually difficult to obtain for exploration and production companies such as ERHC that currently lack revenues, despite having a portfolio of substantial and highly prospective assets. Where debt is available at all, it comes with terms that might be detrimental to the Company’s long-term interests. An equity placement is more accessible and poses less potential problems for the Company. Equity placements, however, usually require a discount as an incentive for institutional and other investors to consider injecting significant amounts into an OTC BB company.

      The terms of our initial placement and future placements, including the requisite discounts, are the subject of careful determination. In this recent case, we consulted with our bankers and other investment advisers and considered numerous factors, including market conditions and investor appetite and demand. The terms of our initial placement were determined to be competitive after such careful consideration before we proceeded with the placement.

      We believe that the success of our initial placement effectively demonstrated an investor confidence in the Company’s prospects. For many of the acquisition opportunities on which we compete in West Africa, evidence of progressive funding ability is required for pre-qualification and the success of our initial placement also enables us to demonstrate that ability to potential sellers of assets. Future placements will be driven primarily by the need to raise enough money to close on specific acquisitions. Our cash reserve enables us to provide investor comfort on our status as a going concern well into the future, despite our current assets not being revenue producing at the moment. New money gives us the ability to embark on the portfolio additions necessary to enhance shareholder value.

      Annual Report Filing

      As many of you are aware, the Company’s annual form 10-K report, which encompasses the fourth quarter and annual financial report for the fiscal year ended September 30th, is scheduled to be issued later this month. It has been the focus of a great deal of attention during the past weeks and we look forward to sharing the annual report with you.

      A Final Word

      ERHC’s Vice President, Technical, Daniel Gralla, has transitioned to a purely external consulting role with the Company, from December 1st. It has been a busy two years for Mr. Gralla. He successfully supervised ERHC’s technical input in the five-well drilling campaign in the JDZ, guided the selection of the Company’s Blocks in the EEZ and advised on numerous acquisition opportunities and initiatives.

      Now, as the Company ramps up its activities in West Africa, the Company and Mr. Gralla have reviewed the Company’s technical requirements and determined that a more involved role on the West African end of operations will be required of the Vice-President, Technical. We are currently reviewing candidates who are experienced in oil and gas exploration, development and production in West Africa. The person selected will serve on ERHC’s management team and be responsible for technical and engineering matters.

      Mr. Gralla will continue to consult for ERHC from time to time on new opportunities and existing assets and we look forward to his continued contributions in this new role.

      Thank you all for your continued interest in ERHC and your trust. From all of us at ERHC Energy, have a happy and healthy holiday season.

      If you have questions, please ask the Company directly through investor relations representative, Dan Keeney (214.432.7556 or dan@dpkpr.com).

      Sincerely,

      Peter Ntephe
      Chief Executive Officer

      ice
      Avatar
      schrieb am 13.01.11 11:11:21
      Beitrag Nr. 28 ()
      5 % in FFM heute ist mal ein Anfang
      Avatar
      schrieb am 14.01.11 13:05:22
      Beitrag Nr. 29 ()
      ERHC Energy Inc. Reports Fourth Quarter and Year End 2010 Financial Results



      HOUSTON, TX -- (MARKET WIRE) -- 12/14/10 -- ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in the highly prospective Gulf of Guinea off the coast of West Africa, today announced its results for the fourth quarter and fiscal year ended September 30, 2010.

      During the 2010 fiscal year, ERHC's general and administrative expenses totaled $5,156,778, which represented an increase over 2009. The increase was primarily due to higher expenses related to the Company's proposed listing on the Alternative Investment Market (AIM) of the London Stock Exchange and to activities related to evaluation of acquisition opportunities.

      As of September 30, 2010, ERHC reported $17,914,207 in cash and cash equivalents and US Treasury Bills, and virtually no debt.

      "We reached important milestones in 2010, including the conclusion of the initial exploratory drilling campaign in Blocks 2, 3 and 4 of the Nigeria-São Tomé & Príncipe Joint Development Zone (JDZ) and the award of Blocks 4 and 11 in the São Tomé & Principe Exclusive Economic Zone to ERHC said ERHC CEO Peter Ntephe. "With a number of initiatives well underway, we expect a busy year ahead."

      ERHC is pursuing the following strategic initiatives:

      ERHC expects to enter into negotiations on Production Sharing Contracts (PSCs) on the Company's EEZ Blocks and is in discussions with potential operating partners to farm-in to the Blocks.
      ERHC is raising funds for acquisitions in order to grow and diversify its portfolio of oil and gas assets.
      ERHC is pursuing a proposed listing on the AIM, a respected exchange that should enable the Company to access a new pool of capital.
      About ERHC Energy

      ERHC Energy Inc. is a Houston-based independent oil and gas company focused on growth through high impact exploration in the highly prospective Gulf of Guinea and the development of undeveloped and marginal oil and gas fields. ERHC is committed to creating and delivering significant value for its shareholders, investors and employees, and to sustainable and profitable growth through risk balanced smart exploration, cost efficient development and high margin production. For more information, visit www.erhc.com.

      Cautionary Statement

      This press release contains statements concerning ERHC Energy Inc.'s future operating milestones, future drilling operations, the planned exploration and appraisal program, future prospects, future investment opportunities and financing plans, future shareholders' meetings, response to the Senate Subcommittee investigation, developments in the SEC investigation of the Company and related proceedings, as well as other matters that are not historical facts or information. Such statements are inherently subject to a variety of risks, assumptions and uncertainties that could cause actual results to differ materially from those anticipated, projected, expressed or implied. A discussion of the risk factors that could impact these areas and the Company's overall business and financial performance can be found in the Company's reports and other filings with the Securities and Exchange Commission. These factors include, among others, those relating to the Company's ability to exploit its commercial interests in the JDZ and the Exclusive Economic Zone of São Tomé and Príncipe, general economic and business conditions, changes in foreign and domestic oil and gas exploration and production activity, competition, changes in foreign, political, social and economic conditions, regulatory initiatives and compliance with governmental regulations and various other matters, many of which are beyond the Company's control. Given these concerns, investors and analysts should not place undue reliance on these statements. Each of the above statements speaks only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any of the above statements is based.

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      <b>Contact:
      </b>Dan Keeney, APR
      DPK Public Relations
      832-467-2904 begin_of_the_skype_highlighting 832-467-2904 end_of_the_skype_highlighting
      Email Contact

      Read more: http://www.nasdaq.com/aspx/company-news-story.aspx?storyid=2…
      Avatar
      schrieb am 16.03.11 19:16:32
      Beitrag Nr. 30 ()
      Chief Executive Officer Updates ERHC Energy Inc. Shareholders



      HOUSTON, TX -- (MARKET WIRE) -- 03/15/11 -- ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in the highly prospective Gulf of Guinea off the coast of West Africa, today issued the following update on Company activities from Peter Ntephe, chief executive officer.

      To ERHC Shareholders:

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

      São Tomé and Príncipe Exclusive Economic Zone (EEZ)

      ERHC continues to prepare for the commencement of negotiations of Production Sharing Contracts for the Company's 100 percent working interests of EEZ Blocks 4 and 11.

      For those not familiar with the EEZ, I recommend visiting the ERHC website for a complete overview. The São Tomé and Príncipe EEZ is a massive area that encompasses approximately 160,000 square km. It is a frontier region that sits south of the Niger Delta, and west of the Gabon salt basin, retaining similarities with each of those prolific hydrocarbon regions.

      São Tomé and Príncipe are islands in a north-east to south-west trending chain of islands extending offshore from Cameroon into the Eastern Gulf of Guinea. São Tomé and Príncipe are located in between prolific hydrocarbon regions, lying approximately 200 km south of Nigeria and directly west of the territorial waters of Equatorial Guinea and Gabon.

      The regional seismic database comprises approximately 12,000 line km of seismic data. Interpretation of that seismic data shows numerous structures that have similar characteristics to known hydrocarbon accumulations in the area. The interpretation done to date has led to a regional understanding of the subsurface geology, trapping styles and prospectivity within the region of investigation. Additionally, oil sampling of seeps observed on the islands has suggested the occurrence of a Late Cretaceous petroleum system.

      Last winter, after careful evaluation of the seismic data available, ERHC selected EEZ Blocks 4 and 11 which, incidentally, are adjacent to the islands where water is not as deep as in most other EEZ Blocks. The comparatively shallow water depths should simplify drilling relative to the other Blocks. The Blocks are also east of the islands and close to Gabon's many offshore oil discoveries.

      EEZ Block 4 is 5,808 square km, situated directly east of the island of Príncipe. The northeastern area near EEZ Block 4 contains a large graben structure, which is bound by the Kribi Fracture Zone.

      EEZ Block 11 totals 8,941 square km, situated directly east of the island of São Tomé and abuts the territorial waters of Gabon. The southern area of the EEZ, where EEZ Block 11 is situated, contains parts of the Ascension and Fang Fracture Zones.

      Several hydrocarbon plays can be proposed in the territorial waters of São Tomé and

      Príncipe, including the following:

      Structural traps related to line of islands - The 'Cameroon Trend' of islands consists of a series of Miocene anticlines, with a thick Late Cretaceous-Miocene sedimentary section developed below outcropping Miocene-Recent rocks and sediment. The outcropping structured section on São Tomé includes coarse Late Cretaceous siliciclastic sandstones reported to be similar to deepwater clastics in Gabon. These could be charged by Cenozoic or Late Cretaceous source rocks, which are indicated by the seep data from Ubabudo-1.

      Stratigraphic traps, distal extension of Ogooué Delta - The southeastern portion of São Tomé and Príncipe's territorial waters, where EEZ Block 11 is situated, covers the outer continental margin of the Gabon basin. A deepwater extension to the Ogooué Delta petroleum system could occur here, with a major input of reservoir rocks likely during the Late Cretaceous, when the Ogooué is believed to have been the outlet of a large West African drainage basin.

      Structural Traps on Gabon/ Equatorial Guinea Margin - A variety of structural traps are present in the east of the EEZ, where Cretaceous clastics are associated with structuration of the fracture zones. The Albo-Cenomanian shales provide the source rocks.

      Stratigraphic traps in detached sand bodies south of the toe thrust trend - This is an untested play, but channels fed from the Niger Delta can be observed to cut through the toe thrusts, supplying reservoir to the less structured region beyond.

      While we await the commencement of PSC negotiations on our EEZ Blocks, we are continuing discussions with potentially interested farm-in partners/operators/consortium parties.

      Joint Development Zone (JDZ)

      Negotiations have commenced between the Joint Development Authority (JDA), which oversees the JDZ and the contracting parties in JDZ Blocks 2, 3 and 4, led by our technical partners and operators, Sinopec Corp. (in JDZ Block 2) and Addax Petroleum (in JDZ Blocks 3 and 4). As you may be aware, the 6-month extension of Exploration Phase I in JDZ Blocks 2, 3 and 4 expired on March 14th, and the contracting parties and JDA are working to reach agreement on how to proceed with the exploration program.

      Of course, the extension of Exploration Phase I has allowed for comprehensive analysis of the information gathered in the initial exploratory drilling campaign that was completed in January 2010. Valuable information was obtained from the first five wells regarding stratigraphy, sedimentology and structure of the JDZ acreages.

      The contracting parties and the JDA are working to arrive at mutually beneficial agreements and that takes time. As usual, ERHC will inform its shareholders when agreements are reached.

      Strategic Alliances

      ERHC is currently in negotiations with prospective local partners in two African countries (other than Nigeria) with proven hydrocarbons and opportunities for interest awards in delineated Blocks. African E&P regimes increasingly look favorably at international companies that advance local content aspirations. ERHC expects its bids for Blocks to be facilitated by voluntarily bidding in conjunction with reputable and credible local partners with ERHC playing the lead role and holding decisive equity in any resulting joint awards.

      AIM Listing Status Update

      The due diligence on ERHC, required before a listing on the AIM market of the London Stock Exchange, is continuing. I can report that most of legal due diligence has concluded. We are currently reviewing the interim findings with the Company's advisors. The process has taken longer than expected because of ERHC's long trading history as a public company, but ERHC's management continues to believe that listing on the AIM is ultimately in the best interests of the company and its shareholders.

      I also want to reiterate that none of this activity impacts the Company's current trading on the OTC in the U.S. We will provide updates as the process advances.

      Executive Additions

      ERHC has recently welcomed Messrs. Michael Shafie and Reginald Sewell to its team. Mr. Shafie joins ERHC's technical consulting team as senior geoscientist. Mr. Shafie has 29 years of experience in exploration and development of oil and gas fields in the shelf and deep water provinces in West Africa, the United States, Malaysia, Vietnam, Venezuela and the Black Sea. Mr. Shafie has worked for major independent and national exploration and production companies, contributing to the discovery of significant volumes of oil and gas reserves. Mr. Shafie is experienced in the evaluation and acquisition of oil and gas producing properties and expert in offshore lease sales projects. He holds a Bachelor of Science and Master of Science degrees from Florida State University.

      Mr. Sewell is an attorney and will attend to ERHC's in-house legal requirements as corporate counsel. With more than a decade of experience in legal and business matters, Mr. Sewell's practice areas include business organization and governance, corporate finance, mergers and acquisitions, private placements, joint ventures and private equity including in oil and gas. Apart from the United States, Mr. Sewell has lived, worked and studied in Brazil and India. He holds a Bachelor of Arts from Morehouse College, a Master's of Business Administration from the University of Chicago Booth School of Business and earned his Juris Doctor from the University of Texas Law School.

      Both Messrs. Shafie and Sewell have significant transactional skills and experience in their respective specializations that should prove valuable to ERHC as we grow the business through a carefully planned program of acquisition of new assets.

      Thank you all for your continued interest in ERHC and your trust.

      If you have questions, please ask the Company directly through its investor relations representative, Dan Keeney (214.432.7556 or dan@dpkpr.com).

      Sincerely,

      Peter Ntephe

      Chief Executive Officer

      This press release contains statements concerning ERHC Energy Inc.'s future operating milestones, future drilling operations, the planned exploration and appraisal program, future prospects, future investment opportunities and financing plans, future shareholders' meetings, response to the Senate Subcommittee investigation, developments in the SEC investigation of the Company and related proceedings, as well as other matters that are not historical facts or information. Such statements are inherently subject to a variety of risks, assumptions and uncertainties that could cause actual results to differ materially from those anticipated, projected, expressed or implied. A discussion of the risk factors that could impact these areas and the Company's overall business and financial performance can be found in the Company's reports and other filings with the Securities and Exchange Commission. These factors include, among others, those relating to the Company's ability to exploit its commercial interests in the JDZ and the Exclusive Economic Zone of São Tomé and Príncipe, general economic and business conditions, changes in foreign and domestic oil and gas exploration and production activity, competition, changes in foreign, political, social and economic conditions, regulatory initiatives and compliance with governmental regulations and various other matters, many of which are beyond the Company's control. Given these concerns, investors and analysts should not place undue reliance on these statements. Each of the above statements speaks only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any of the above statements is based.

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      Contact:
      Dan Keeney, APR
      DPK Public Relations
      832-467-2904
      Email Contact

      Source: ERHC Energy Inc



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      schrieb am 18.03.11 10:45:01
      Beitrag Nr. 31 ()
      •Unternehmen:
      ◦ERHC ENERGY INC
      Verwandte Angebote
      Symbol Preis Ändern
      ERHE.OB 0.19 0.00


      {"S": "erhe.ob", "k": "A00, A50, B00, B60, C10, G00, H00, L10, P20, T10, V00", "o": "", "j": ""} Pressemitteilung Quelle: ERHC Energy Inc. Am Dienstag 15. März 2011, 05.14 Uhr
      HOUSTON, TX - (Marketwire - 03/15/11) - ERHC Energy Inc. (OTC.BB: ERHE - News ), ein börsennotiertes US-Unternehmen mit Öl-und Gasvorkommen in der äußerst viel versprechenden Golf von Guinea vor der Küste Westafrika, heute veröffentlichten das folgende Update auf Aktivitäten des Unternehmens von Peter Ntephe, Chief Executive Officer.

      Um ERHC Aktionäre:

      Ich freue mich, der Investment-Community und andere Interessierte auf ERHC Energy Inc. aktualisieren

      São Tomé und Príncipe Ausschließlichen Wirtschaftszone (AWZ)

      ERHC weiterhin für die Aufnahme von Verhandlungen von Production Sharing Contracts für die Gesellschaft zu 100 Prozent arbeiten Interessen der AWZ Blöcke 4 und 11 vorzubereiten.

      Für diejenigen, die nicht vertraut mit der AWZ, empfehle ich den Besuch der Website ERHC eine komplette Übersicht. Die São Tomé und Príncipe AWZ ist eine massive Bereich, der etwa 160.000 km ² umfasst. Es ist ein Grenzgebiet, das südlich des Niger-Deltas sitzt, und westlich des Gabun Salz Becken halten Ähnlichkeiten mit jedem dieser fruchtbaren Kohlenwasserstoff Regionen.

      São Tomé und Príncipe sind Inseln in Nord-Ost nach Süd-West streichenden Inselkette erstreckt Offshore aus Kamerun in der östlichen Golf von Guinea. São Tomé und Príncipe sind zwischen produktiver Kohlenwasserstoff Regionen zu finden, liegt ungefähr 200 km südlich von Nigeria und direkt westlich der Hoheitsgewässer von Äquatorialguinea und Gabun.

      Die regionale seismische Datenbank umfasst ca. 12.000 Streckenkilometer von seismischen Daten. Die Interpretation der seismischen Daten zeigt, dass zahlreiche Strukturen, die ähnliche Eigenschaften wie bekannt Kohlenwasserstoff Anhäufungen in der Gegend haben. Die Interpretation getan hat bislang zu einer regionalen Verständigung Geologie des Untergrundes geführt, Trapping Stile und Höffigkeit innerhalb der Region untersucht. Darüber hinaus beobachtet Öl Probenahme von versickert auf den Inseln hat vorgeschlagen, das Auftreten einer späten Kreidezeit Erdöl-System.

      Im vergangenen Winter, nach sorgfältiger Auswertung der seismischen Daten zur Verfügung, ausgewählt ERHC AWZ Blöcke 4 und 11, die übrigens sind neben den Inseln, wo Wasser nicht so tief wie in den meisten anderen AWZ Blocks. Die vergleichsweise geringen Wassertiefen sollten vereinfachen Bohren relativ zu den anderen Blöcken. Die Blöcke sind auch östlich der Inseln und in der Nähe vieler Offshore Gabun Ölfunde.

      AWZ Block 4 ist 5.808 km ², befindet sich direkt östlich der Insel Príncipe. Die nordöstliche Gegend AWZ Block 4 umfasst eine große Graben-Struktur, die durch die Kribi Bruchzone gebunden ist.

      AWZ Block 11 Summen 8.941 km ², befindet sich direkt östlich der Insel São Tomé und stößt an die Hoheitsgewässer von Gabun. Der südliche Bereich der AWZ, wo AWZ Block 11 befindet, enthält Teile der Himmelfahrt und Fang Bruchzonen.

      Mehrere Kohlenwasserstoff spielt, kann in den Hoheitsgewässern von São Tomé und vorgeschlagen werden
      Príncipe, darunter die folgenden:

      Strukturelle Fallen Inseln, die Sie zu Zeile Sediment - Die "Kamerun Trend 'von Inseln besteht aus einer Reihe von Miozän Antiklinalen und mit einer dicken Oberkreide-Miozän sedimentären und Abschnitt entwickelte unter Tage tretenden Miozän-Aktuelle Felsen. Die zu Tage tretenden strukturierten Abschnitt über São Tomé umfasst grob Oberkreide siliziklastischen Sandsteinen berichtet ähnlich zu sein Gabun Tiefsee Klastika in. Diese könnten 1-aufgeladen werden durch Känozoikum oder Oberkreide Quelle Felsen Ubabudo aus, die sind, die durch die Daten sickern.

      Stratigraphische Fallen, distale Verlängerung der Ogooué Delta - Der südöstliche Teil von São Tomé und Príncipe Hoheitsgewässer, wo AWZ Block 11 liegt, umfasst die äußeren Kontinentalrand des Gabun Becken. Eine Verlängerung der Tiefsee Ogooué Delta Petroleum System könnte hier eintreten, mit einem großen Eingang Reservoir Felsen wahrscheinlich während der späten Kreidezeit, als die Ogooué geglaubt wird, um Becken wurden die Steckdose eines großen westafrikanischen Drainage.

      Strukturelle Fallen auf Gabun / Äquatorial-Guinea Margin - Eine Vielzahl von strukturellen Fallen sind in den Osten der AWZ, wo Kreidezeit Klastika Zonen Fraktur assoziiert sind mit der Strukturierung. Die Albo-Cenoman Schiefer bieten Quelle Felsen.

      Stratigraphische Fallen in Einfamilienhaus Sandkörper südlich der Zehe Schub Trend - Dies ist eine ungeprüfte spielen, aber Kanäle eingespeist Delta aus dem Niger kann darüber hinaus zu beachten Fußspitze Schnitt durch die Stöße, liefert Reservoir zu den weniger strukturierten Region.

      Während wir den Beginn der Verhandlungen über PSC unsere AWZ Blocks erwarten, sind wir die Gespräche mit potenziell interessierten Farm-in-Partner / Betreiber / Konsortium Parteien.

      Joint Development Zone (JDZ)

      Die Verhandlungen wurden zwischen der Joint Development Authority (JDA), die die JDZ und die Vertragspartner in JDZ Blöcke 2, 3 und 4, die von unseren technischen Partnern und Betreibern geführt überwacht begonnen, Sinopec Corp (in JDZ Block 2) und Addax Petroleum ( in JDZ Blöcke 3 und 4). Wie Sie vielleicht wissen, der 6-monatigen Verlängerung der Phase-I-Exploration in JDZ Blöcke 2, 3 und 4 ist am 14. März und dem Vertragspartner und JDA arbeiten an der Vereinbarung über den Umgang mit der Exploration Programm fortfahren zu erreichen.

      Natürlich, die Ausweitung der Exploration der Phase I hat für eine umfassende Analyse der Informationen in der ersten Erkundungsbohrungen Kampagne, die im Januar 2010 abgeschlossen wurde gesammelt erlaubt. Wertvolle Informationen aus den ersten fünf Brunnen über Stratigraphie, Sedimentologie und Struktur der JDZ Anbauflächen erhalten.

      Die Vertragsparteien und die JDA arbeiten, um zu gegenseitig vorteilhaften Vereinbarungen kommen und das braucht Zeit. Wie üblich wird ERHC informieren ihre Aktionäre, wenn Vereinbarungen getroffen werden.

      Strategische Allianzen

      ERHC befindet sich derzeit in Verhandlungen mit potenziellen lokalen Partnern in zwei afrikanischen Ländern (außer Nigeria) mit nachgewiesenen Kohlenwasserstoffe und Chancen für Zinsen Auszeichnungen in abgegrenzte Blöcke. Afrikanische E & P-Regime zunehmend positiv sehen internationalen Unternehmen, die lokale Inhalte Bestrebungen voranzutreiben. ERHC erwartet, dass seine Angebote für Blöcke von freiwillig Ausschreibung in Verbindung mit seriösen und glaubwürdigen Partnern vor Ort mit ERHC spielt die Hauptrolle und hält entscheidend Eigenkapital daraus resultierende gemeinsame Auszeichnungen erleichtert werden.

      AIM Listing Status Update

      Die Due Diligence auf ERHC, bevor ein Listing an der AIM Markt der London Stock Exchange erforderlich, wird fortgesetzt. Ich kann berichten, dass die meisten der rechtlichen Due Diligence abgeschlossen hat. Wir prüfen derzeit die Zwischenergebnisse mit dem Unternehmen die Berater. Der Prozess hat mehr als wegen der langen Handel ERHC Geschichte als börsennotiertes Unternehmen erwartet gedauert, aber ERHC Management weiterhin, dass die Notierung an der AIM glauben, ist letztlich im Interesse des Unternehmens und seiner Aktionäre.

      Ich möchte auch betonen, dass keines dieser Aktivität beeinflusst die Gesellschaft aktuellen Handel an der OTC in den USA werden wir Updates der Prozeß bieten.

      Executive Zugänge

      ERHC hat vor kurzem die Herren Michael und Reginald Shafie Sewell sein Team begrüßt. Herr Shafie verbindet ERHC der technischen Beratungsteam als Senior Geowissenschaftler. Herr Shafie hat 29 Jahre Erfahrung in der Exploration und Entwicklung von Öl-und Gasfelder im Regal und tiefes Wasser Provinzen in West-Afrika, den Vereinigten Staaten, Malaysia, Vietnam, Venezuela und dem Schwarzen Meer. Herr Shafie hat für große unabhängige und nationale Explorations-und Produktionsunternehmen tätig, die zur Entdeckung von bedeutenden Mengen an Öl-und Gasreserven. Herr Shafie ist bei der Bewertung und den Erwerb von Öl-und Gasproduktion Eigenschaften und Experte für Offshore-Leasing Sales-Projekten erlebt. Er hält einen Bachelor of Science und Master of Science an der Florida State University.

      Herr Sewell ist Rechtsanwalt und wird in-house rechtlichen ERHC Anforderungen als Corporate Counsel zu besuchen. Mit mehr als einem Jahrzehnt Erfahrung in der rechtlichen und geschäftlichen Angelegenheiten sind Herr Sewell Praxis Bereichen Betriebs-Organisation und Governance, Corporate Finance, Mergers & Acquisitions, Private Placements, Joint Ventures und Private Equity auch in Öl und Gas. Abgesehen von den Vereinigten Staaten, hat Herr Sewell lebte, arbeitete und studierte in Brasilien und Indien. Er hält einen Bachelor of Arts ab Morehouse College, einen Master of Business Administration an der University of Chicago Booth School of Business und verdiente seinen Juris Doctor von der University of Texas Law School.

      Beide Herren Shafie und Sewell erhebliche Transaktions-Fähigkeiten und Erfahrungen in ihren jeweiligen Fachrichtungen, die als nützlich erweisen, um ERHC sollten, wie wir das Unternehmen wachsen durch eine sorgfältig geplante Programm für den Erwerb von neuen Anlagen.

      Ich danke Ihnen allen für Ihr anhaltendes Interesse an ERHC und Ihr Vertrauen.

      Wenn Sie Fragen haben, fragen Sie bitte direkt die Firma durch ihre Investor-Relations-Vertreter, Dan Keeney ( 214.432.7556 oder dan@dpkpr.com ).

      Mit freundlichen Grüßen,
      Avatar
      schrieb am 03.05.11 16:52:58
      Beitrag Nr. 32 ()
      Börse FFM plus 97 % :confused:

      Was ist das denn :confused:
      Avatar
      schrieb am 10.05.11 14:21:07
      Beitrag Nr. 33 ()
      Company News
      ERHE ERHE
      ERHC Energy Inc. OTCBB




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      ERHC Energy Inc. Reports Second Quarter 2011 Financial Results



      HOUSTON, TX -- (MARKET WIRE) -- 05/09/11 -- ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in the highly prospective Gulf of Guinea off the coast of West Africa, has announced its results for the quarter ending on March 31, 2011, of ERHC's current financial year.

      As of March 31, 2011, ERHC reported $17,225,649 in cash, cash equivalents and short-term investments, and virtually no debt.

      During the second quarter of its financial year, ERHC's general and administrative expenses totaled $1,030,474 which represented a decrease of more than 17 percent compared to the same period in 2010. The decrease occurred as a result of the Company's ongoing effort to reduce operating expenses and was due primarily to a reduction in legal and consulting expenses.

      ERHC holds working interests in Blocks 2, 3, 4, 5, 6 and 9 of the Nigeria-Sao Tome and Principe Joint Development Zone ("JDZ"). ERHC also holds 100 percent working interests in Blocks 4 and 11 of the Sao Tome and Principe Exclusive Economic Zone ("EEZ") with an option to acquire up to 15 percent working interests in two more Blocks in the EEZ.

      ERHC has scheduled an Investor Conference Call for Tuesday, May 10, 2011 at 9:00 a.m. Eastern Time (8:00 a.m. Central Time). To participate, please dial 877-309-0830 (domestic) or 716-247-5185 (international) five to ten minutes before the call begins and reference the pass code 62093492.

      Audio will also be available online by clicking to https://www.livemeeting.com/cc/erhcenergy. The Meeting ID is: JC7MN3 is and copy and paste the following Entry Code: s_.S;4T.

      A replay of the call will be available from Tuesday, May 10, 2011 at 10:00 a.m. Eastern Time through May 17, 2011 by dialing 800-642-1687 (domestic) or 706-645-9291 (international) and referencing the pass code 62093492.

      About ERHC Energy

      ERHC Energy Inc. is a Houston-based independent oil and gas company focused on growth through high impact exploration in the highly prospective Gulf of Guinea and the development of undeveloped and marginal oil and gas fields. ERHC is committed to creating and delivering significant value for its shareholders, investors and employees, and to sustainable and profitable growth through risk balanced smart exploration, cost efficient development and high margin production. For more information, visit www.erhc.com.

      Cautionary Statement

      This press release contains statements concerning ERHC Energy Inc.'s future operating milestones, future drilling operations, the planned exploration and appraisal program, future prospects, future investment opportunities and financing plans, future shareholders' meetings as well as other matters that are not historical facts or information. Such statements are inherently subject to a variety of risks, assumptions and uncertainties that could cause actual results to differ materially from those anticipated, projected, expressed or implied. A discussion of the risk factors that could impact these areas and the Company's overall business and financial performance can be found in the Company's reports and other filings with the Securities and Exchange Commission. These factors include, among others, those relating to the Company's ability to exploit its commercial interests in the JDZ and the Exclusive Economic Zone of São Tomé and Príncipe, general economic and business conditions, changes in foreign and domestic oil and gas exploration and production activity, competition, changes in foreign, political, social and economic conditions, regulatory initiatives and compliance with governmental regulations and various other matters, many of which are beyond the Company's control. Given these concerns, investors and analysts should not place undue reliance on these statements. Each of the above statements speaks only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any of the above statements is based.

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      Contact:
      Dan Keeney, APR
      DPK Public Relations
      832-467-2904
      Email Contact

      Source: ERHC Energy Inc.




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      schrieb am 29.06.11 14:13:16
      Beitrag Nr. 34 ()
      Chief Executive Officer Updates ERHC Energy Inc. Shareholders on the Joint Development Zone



      HOUSTON, TX -- (MARKET WIRE) -- 06/27/11 -- ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in the highly prospective Gulf of Guinea off the coast of West Africa, today issued the following update on Company activities from Peter Ntephe, chief executive officer.

      To ERHC Shareholders:

      As expected, the Joint Development Authority (JDA) has approved an extension of Exploration Phase 1 in Joint Development Zone (JDZ) Blocks 3 and 4 until March 14, 2012. As is the case with a similar extension approved for JDZ Block 2 last month, this JDA action is subject to final approval by the Nigeria-São Tomé & Príncipe Joint Ministerial Council.

      Given our recent change in valuation, it would appear that some of our investors may have misinterpreted the meaning and significance of the extensions. The extensions represent a commitment to comprehensive analysis of the findings so far in the first phase of exploration with a view to enhancing the decision-making on the exploration program. This extension continues the remarkable progress that has been made on the exploration program for our JDZ Blocks.

      The Company maintains its enthusiasm about the prospectivity of its oil and gas assets in the Gulf of Guinea. It is important for our investors to understand that the JDZ encompasses a massive area and that deep offshore exploration takes time, patience and the kind of commitment that we and our partners have so ably demonstrated. Our story is no different from that in most of the major deep offshore regions of the world that currently have prolific production.

      Another major development is the expected drilling in JDZ Block 1 within the coming year. While we do not hold interests in JDZ Block 1, there are definite collateral advantages to the entry of Total as the new operator of Block 1. It is usual in such regions for a certain level of co-operation and information sharing between contracting parties across Blocks. Therefore, ERHC management expects plans for drilling in Block 1 to positively impact on the JDZ as a whole and to provide potentially valuable information that would facilitate our ongoing work on our Blocks.

      A great deal was learned about our JDZ interests in last year's 5-well drilling campaign and there are still more than a dozen additional prospects to be explored. When you consider that JDZ Blocks 2, 3 and 4 cover a combined 2,215 square kilometers, you will realize that the wells in Exploration Phase 1 in our Blocks have just scratched the surface.

      Our JDZ assets are of fundamental importance to ERHC, but ERHC's immediate future is much more than the JDZ. Our 100 percent working interests in Blocks 4 and 11 of the São Tomé and Príncipe Exclusive Economic Zone (EEZ) are assets of significant standalone value that some do not yet seem to fully appreciate. Each of those Blocks covers at least 5,808 square kilometers and, in combination with the JDZ holdings, they make ERHC one of the largest holders of acreages, in quantum, among the independents operating in sub-Saharan Africa.

      Interpretation of 2D seismic data on the EEZ has led to a regional understanding of the subsurface geology, trapping styles and prospectivity within the region. Additionally, oil sampling of seeps observed on the island of São Tomé -- directly west of EEZ Block 11 has suggested the occurrence of a Late Cretaceous petroleum system. Informed West Africa followers will note that the EEZ appears to constitute the easterly part of the exciting, new Cretaceous play trend responsible for recent massive discoveries offshore Sierra Leone and Ghana including the multi-billion barrel Jubilee field. We continue to work closely with government officials in São Tomé and Príncipe regarding exploration in the EEZ and progress is being made in discussions with potential operating partners.

      The EEZ lies immediately west of the Gabon Salt Basin to which it possesses significant similarities. Just last week, a major farm-in by Petrobras was announced on the PSCs covering the Gabonese offshore Mbeli and Ntsina Blocks, which abut the EEZ. The farm in was stated to be predicated on the comparability of the geological structures in the region to the pre-salt offshore which have hosted some of the world's largest recent discoveries commencing from the Tupi find in 2006. Therefore, ERHC's portfolio takes in what continues to be one of the world's most exciting new frontiers for oil and gas exploration.

      The third quarter of ERHC's financial year comes to an end in a few days, on June 30, 2011. We shall address in our quarterly report and update to shareholders several exciting new developments on which progress has been made during the quarter. In particular, our business development activities in Africa have progressed to the point where we appear to be on the cusp of the allocation of new acreages in at least one significant oil producing country there.

      To facilitate direct interaction with investors pending the end-of-quarter regulatory formalities and filings, management will host a live online chat at 5 p.m. Central Time Wednesday, July 6, 2011. I invite all interested parties to go to www.erhc.com/chat to participate. Those unable to participate live will be able to review the online interaction afterward.

      In the meantime, if you have questions, please ask the Company directly through its investor relations representative, Dan Keeney (214.432.7556 or dan@dpkpr.com).

      I wish all our investors in the United States a happy Fourth of July holiday. Thank you all for your continued interest in ERHC and your trust.

      Sincerely,

      Peter Ntephe

      Chief Executive Officer

      This press release contains statements concerning ERHC Energy Inc.'s future operating milestones, future drilling operations, the planned exploration and appraisal program, future prospects, future investment opportunities and financing plans, future shareholders' meetings, response to the Senate Subcommittee investigation, developments in the SEC investigation of the Company and related proceedings, as well as other matters that are not historical facts or information. Such statements are inherently subject to a variety of risks, assumptions and uncertainties that could cause actual results to differ materially from those anticipated, projected, expressed or implied. A discussion of the risk factors that could impact these areas and the Company's overall business and financial performance can be found in the Company's reports and other filings with the Securities and Exchange Commission. These factors include, among others, those relating to the Company's ability to exploit its commercial interests in the JDZ and the Exclusive Economic Zone of São Tomé and Príncipe, general economic and business conditions, changes in foreign and domestic oil and gas exploration and production activity, competition, changes in foreign, political, social and economic conditions, regulatory initiatives and compliance with governmental regulations and various other matters, many of which are beyond the Company's control. Given these concerns, investors and analysts should not place undue reliance on these statements. Each of the above statements speaks only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any of the above statements is based.

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      Contact:
      Dan Keeney, APR
      DPK Public Relations
      832-467-2904
      Email Contact


      Source: ERHC Energy Inc.
      Avatar
      schrieb am 07.07.11 14:09:12
      Beitrag Nr. 35 ()
      Company News
      ERHE ERHE
      ERHC Energy Inc. OTCBB




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      Insight on ERHC Energy Inc. and American Petro-Hunter Inc. - Fueling The Economy



      BEIJING -- (MARKET WIRE) -- 07/06/11 -- Today, www.GlobalEquityReporter.com announced its research report highlighting ERHC Energy Inc. (OTCBB: ERHE) and American Petro-Hunter Inc. (OTCBB: AAPH). Full report download is available at www.GlobalEquityReporter.com/access.php.

      With the disruption of exports from Libya and unrest in the Middle East and North Africa, crude oil continues to trend upward. The recent disaster in Japan has fueled further volatility, as Japan is the world's third largest consumer and the second largest importer. As of March, the U.S. Energy Information Administration (EIA) estimated that global oil demand expanded by 2.85% in 2010 and sees demand growth of 1.70% in 2011 and 1.94% in 2012. Reflecting new OPEC capacity additions, the EIA estimated that global oil supply increased by 2.5% in 2010 and forecast supply growth of 1.12% in 2011 and 2.49% in 2012.

      Global Equity is reporting on ERHC Energy Inc. as a development-stage company which focuses on oil and gas. The Company maximizes its value through exploration and exploitation of oil and gas reserves in the Gulf of Guinea offshore of central West Africa, including its rights to working interests in exploration acreage in the Joint Development Zone (JDZ) between the Democratic Republic of Sao Tome and Principe (DRSTP) and the Federal Republic of Nigeria (FRN) and in the territorial waters of Sao Tome (EEZ). The full report and profile on ERHC Energy Inc. (OTCBB: ERHE) is available here: www.GlobalEquityReporter.com/get.PDF.1824.php.

      Global Equity Reporter features American Petro-Hunter Inc. as an oil and natural gas exploration and production (E&P) with projects in Kansas and California. On April 6, 2009, the Company entered into a Participation Agreement with Archer Exploration, Inc. (Archer) to participate in the drilling for natural gas on a prospect located in Stanislaus County, California. The full report and profile on American Petro-Hunter Inc. (OTCBB: AAPH) is available here: www.GlobalEquityReporter.com/get.PDF.1937.php.

      About Global Equity Reporter

      Global Equity Reporter is a premier source for microcap research - providing a wide range of due diligence and investment insight on stocks all over the market Global Equity Reporter's primary focus is to alert our valued subscribers to small cap and microcap companies poised for explosive movement in the market. As every investor knows, timing in the market is critical, and that's where Global Equity Reporter delivers.

      Contact:

      Alexander Griffin
      Email Contact
      www.GlobalEquityReporter.comSource: Global Equity Reporter




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      Avatar
      schrieb am 07.07.11 14:11:24
      Beitrag Nr. 36 ()
      Company News
      ERHE ERHE
      ERHC Energy Inc. OTCBB




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      ERHC Energy Inc. Signs Production Sharing Contract on Three Oil Blocks in Republic of Chad



      HOUSTON, TX -- (MARKET WIRE) -- 07/06/11 -- ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in West Africa, today announced that it has signed a production sharing contract (PSC) on the three oil blocks formally awarded to the company last week by the Republic of Chad. ERHC has 100 percent of the interest in two blocks -- BDS 2008 and Manga -- and a 50 percent interest in the third, Chari-Ouest Block 3.

      Two of the Blocks, BDS 2008 and Chari-Ouest Block 3, lie next to the Doba Basin oilfield, which in 2010 had an average daily production of 122,500 barrels of crude oil per day. The Manga block is north of Lake Chad, along the border with Niger.

      ERHC CEO Peter Ntephe attributed the successful signing of the PSC to commendable work by ERHC's negotiating team of legal, technical and financial experts led by Sylvan Odobulu, ERHC's financial officer.

      "The announcement today of the production sharing contract illustrates ERHC's commitment toward the enhancement of shareholder value," Ntephe said. "We are proud of attaining yet another remarkable milestone as we add to our exploration acreages in Africa. We look forward to working quickly and closely with the authorities in Chad toward a mutually beneficial exploration program."

      The West African Republic of Chad is one of sub-Saharan Africa's significant crude oil producers. It shares borders with Nigeria and Libya, which are Africa's largest oil and gas producers, and with Cameroon and Sudan, which both produce oil. Chad has proven oil reserves of 1.5 billion barrels with studies establishing the prospect of more discoveries.

      Apart from its new holdings in Chad, ERHC holds working interests in six Blocks in the Nigeria-São Tomé & Príncipe Joint Development Zone (JDZ). ERHC also holds 100 percent of Blocks 4 and 11 of the São Tomé & Príncipe Exclusive Economic Zone (EEZ) with an option to acquire up to 15 percent working interests in two other EEZ Blocks.

      ERHC management will host a live online chat at 5:00 p.m. Central Time Wednesday, July 6, 2011. CEO Peter Ntephe will respond to questions posted live at www.erhc.com/chat. Those unable to participate live will be able to review the online interaction afterward.

      About ERHC Energy

      ERHC Energy Inc. is a Houston-based independent oil and gas company focused on growth through high impact exploration in Africa, including within the highly prospective Gulf of Guinea. ERHC is committed to creating and delivering significant value for its shareholders, investors and employees, and to sustainable and profitable growth through risk balanced smart exploration, cost efficient development and high margin production. For more information, visit www.erhc.com.

      Cautionary Statement

      This press release contains statements concerning ERHC Energy Inc.'s future operating milestones, future drilling operations, the planned exploration and appraisal program, future prospects, future investment opportunities and financing plans, future shareholders' meetings as well as other matters that are not historical facts or information. Such statements are inherently subject to a variety of risks, assumptions and uncertainties that could cause actual results to differ materially from those anticipated, projected, expressed or implied. A discussion of the risk factors that could impact these areas and the Company's overall business and financial performance can be found in the Company's reports and other filings with the Securities and Exchange Commission. These factors include, among others, those relating to the Company's ability to exploit its commercial interests in the JDZ and the Exclusive Economic Zone of São Tomé and Príncipe, general economic and business conditions, changes in foreign and domestic oil and gas exploration and production activity, competition, changes in foreign, political, social and economic conditions, regulatory initiatives and compliance with governmental regulations and various other matters, many of which are beyond the Company's control. Given these concerns, investors and analysts should not place undue reliance on these statements. Each of the above statements speaks only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any of the above statements is based.

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      Contact:
      Dan Keeney, APR
      DPK Public Relations
      832-467-2904



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      Avatar
      schrieb am 21.07.11 12:19:47
      Beitrag Nr. 37 ()
      ERHC stockt Anteil an der Exil-Ressourcen



      HOUSTON, TX - (MARKET WIRE) - 07/20/11 - ERHC Energy Inc. (OTCBB: ERHE ), ein börsennotiertes US-Unternehmen mit Öl-und Gas-Assets in Westafrika, gab heute bekannt, ihre Beteiligung an der erhöhten Exile Resources ( www.exileresources.com ), eine kanadische unabhängige, auf rund 7,35 Prozent. Exile Handel an der Toronto Stock Exchange Venture Exchange unter dem Börsenkürzel ERI.

      "Während die Rede von einer Übernahme Ansatz ist zum jetzigen Zeitpunkt verfrüht, ERHC Absicht, die Fähigkeit, an Entscheidungsprozessen teilzunehmen und zu erforschen synergistische Partnerschaften, die wertsteigernde zu unseren jeweiligen Aktionären gewinnen würde", sagte ERHC President und CEO Peter Ntephe. "ERHC ist besonders in Exile ist Carried Interest in der Akepo Bereich im Niger-Delta, die voraussichtlich zunächst mit der Herstellung noch in diesem Jahr oder Anfang des nächsten interessiert ist."

      Die Akepo Feld ist in den seichten Gewässern der südöstlichen Region von Nigeria in OML 90 angeordnet. Exile Resources hat 10 Prozent Eigenkapital und bis zu einer 17,5% wirtschaftlichem Interesse im Bereich, mit Oando Petroleum Exploration Company und der Durchführung ihrer Kosten. SOGENAL Ltd Oil and Gas Company ist der Betreiber des Feldes.

      Die Akepo-1ST Entdeckung wird voraussichtlich zwischen 2.500 und 3.000 Barrel Öl pro Tag produzieren, wenn die Produktion beginnt. Nach einer Bewertung Bericht vom 31. Dezember 2010 über die Akepo Field von DeGolyer und MacNaughton Canada Limited, die Schätzung der Netto-Reserven zugeschrieben Exil vorbereitet sind: 39Mbbl leichtes Rohöl und 22MMcf von Erdgas auf einem nachgewiesenen Reserven Basis; 239Mbbl leichtes Rohöl und 179MMcf von Erdgas auf insgesamt nachgewiesenen und wahrscheinlichen Reserven und 835Mbbl leichtes Rohöl und 669MMcf von Erdgas bestätigten und vermuteten und möglichen Reserven.

      Anfang dieses Monats unterzeichnet ERHC eines Production Sharing Vertrag mit der Republik Tschad auf drei Öl-Blöcken. Die neue Interessen gehören 100 Prozent der Block BDS 2008 und Manga, und eine 50-prozentige Beteiligung in Chari-Ouest III. ERHC hat die Größe von jedem der drei Blöcke freigegeben und stellt fest, dass die neue Interessen etwa doppelt Explorationen des Unternehmens Anbauflächen und gründen das Unternehmen als einer der größten Besitzer von Anbauflächen unter den Independents in Afrika tätig sind:

      Chari-Ouest III: 4.500 km ², gleich 1.111.974 Hektar
      Manga: 6.477 km ², gleich 1.600.501 Hektar
      BDS 2008: 16.360 km ², gleich 4.042.644 Hektar
      ERHC gilt auch Working Interests in sechs Blöcke in der Nigeria-São Tomé & Príncipe Joint Development Zone (JDZ), einschließlich JDZ Blöcke 2, 3 und 4, die durch technische Partner ERHC Sinopec Corporation und Addax Petroleum betrieben werden. Darüber hinaus hält ERHC 100 Prozent des Blocks 4 und 11 des São Tomé & Príncipe Ausschließlichen Wirtschaftszone (AWZ) mit einer Option zum Erwerb von bis zu 15 Prozent arbeiten an zwei anderen AWZ Blocks.

      Über ERHC Energie

      ERHC Energy Inc. ist ein in Houston ansässiges unabhängiges Öl-und Gas-Unternehmen auf Wachstum durch hohe Schlagzähigkeit Exploration in Westafrika und der Entwicklung von unbebauten und marginal Öl-und Gasfelder konzentriert. ERHC ist die Schaffung und Bereitstellung von erheblichen Wert für ihre Aktionäre, Investoren und Mitarbeiter, und auf nachhaltiges und profitables Wachstum durch Risiko-Balanced Smart Exploration, kosteneffiziente Entwicklung und hohe Marge Produktion verpflichtet. Für weitere Informationen, besuchen Sie www.erhc.com .

      Cautionary Statement

      Diese Pressemitteilung enthält Aussagen über ERHC Energy Inc. 's zukünftigen Betriebsergebnisse Meilensteine ​​Zukunft Bohrarbeiten, die geplanten Explorations-und Programm, Zukunftsaussichten Zukunft Investitionsmöglichkeiten und Finanzierungspläne, zukünftige Hauptversammlungen sowie andere Angelegenheiten, die keine historischen Fakten oder Informationen. Solche Aussagen unterliegen naturgemäss zu einer Vielzahl von Risiken, Annahmen und Unwägbarkeiten, aufgrund derer die tatsächlichen Ergebnisse wesentlich von diesen Erwartungen abweichen könnten, projiziert, ausgedrückt oder impliziert. Eine Diskussion der Risikofaktoren, die diese Gebiete und die Gesellschaft insgesamt Geschäfts-und finanzielle Leistungsfähigkeit beeinflussen könnten, sind in den Berichten des Unternehmens und anderen Einreichungen bei der Securities and Exchange Commission zu entnehmen. Zu diesen Faktoren gehören unter anderem solche in Bezug auf die Fähigkeit des Unternehmens, um ihre kommerziellen Interessen in Tschad, in der JDZ und der Exclusive Economic Zone von São Tomé und Príncipe, allgemeine wirtschaftliche und geschäftliche Bedingungen zu nutzen, Veränderungen in der ausländischen und inländischen Öl-und Gas-Explorations-und Produktionstätigkeit, Wettbewerb, sind Änderungen der politischen, sozialen und wirtschaftlichen Bedingungen, regulatorische Initiativen und die Einhaltung der staatlichen Vorschriften und verschiedene andere Dinge, von denen zahlreiche außerhalb des Einflussbereichs des Unternehmens. Angesichts dieser Bedenken sollten Investoren und Analysten nicht in unangemessener Weise auf diese Aussagen. Jede der oben genannten Aussagen beziehen sich nur auf das Datum dieser Pressemitteilung. Das Unternehmen lehnt ausdrücklich jede Verpflichtung oder Zusage, öffentlich irgendwelche Aktualisierungen oder Überarbeitungen zu irgendeiner zukunftsorientierten Aussage auf jede Veränderung in den Erwartungen des Unternehmens hinsichtlich hierzu oder Veränderungen bei Geschehnissen, Bedingungen oder Umstände, auf denen der oben genannten Aussagen stützt, ein .

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      Kontakt: Dan Keeney, APR DPK Public Relations
      832-467-2904 begin_of_the_skype_highlighting 832-467-2904 end_of_the_skype_highlighting

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      Avatar
      schrieb am 05.08.11 14:26:17
      Beitrag Nr. 38 ()
      Company News
      ERHE ERHE
      ERHC Energy Inc. OTCBB




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      ERHC Energy Inc. Announces Third Quarter Investor Conference Call



      HOUSTON, TX -- (MARKET WIRE) -- 08/05/11 -- ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in West Africa, today announced plans for its third quarter investor conference call. All parties interested in ERHC Energy are encouraged to participate in the call Friday, August 12, 2011 at 9:00 a.m. Eastern Time (8:00 a.m. Central Time).

      Preceding a question and answer session, ERHC management will update shareholders on the Company's financial results, its oil and gas assets in the Republic of Chad, the São Tomé and Príncipe Exclusive Economic Zone and the Nigeria - São Tomé and Príncipe Joint Development Zone, its growth strategy and other matters.

      To participate, please dial 877-309-0830 (domestic) or 716-247-5185 (international) five to ten minutes before the call begins and reference the pass code 89824057. A replay of the call will be available from Friday, August 12, 2011 at 10:00 a.m. Eastern Time through August 19, 2011 by dialing 855-859-2056 (domestic) or 404-537-3406 (international) and referencing the pass code 89824057.

      About ERHC Energy

      ERHC Energy Inc. is a Houston-based independent oil and gas company focused on growth through high impact exploration in the highly prospective Gulf of Guinea and the development of undeveloped and marginal oil and gas fields. ERHC is committed to creating and delivering significant value for its shareholders, investors and employees, and to sustainable and profitable growth through risk balanced smart exploration, cost efficient development and high margin production. For more information, visit www.erhc.com.

      Cautionary Statement

      This press release contains statements concerning ERHC Energy Inc.'s future operating milestones, future drilling operations, the planned exploration and appraisal program, future prospects, future investment opportunities and financing plans, future shareholders' meetings as well as other matters that are not historical facts or information. Such statements are inherently subject to a variety of risks, assumptions and uncertainties that could cause actual results to differ materially from those anticipated, projected, expressed or implied. A discussion of the risk factors that could impact these areas and the Company's overall business and financial performance can be found in the Company's reports and other filings with the Securities and Exchange Commission. These factors include, among others, those relating to the Company's ability to exploit its commercial interests in the JDZ and the Exclusive Economic Zone of São Tomé and Príncipe, general economic and business conditions, changes in foreign and domestic oil and gas exploration and production activity, competition, changes in foreign, political, social and economic conditions, regulatory initiatives and compliance with governmental regulations and various other matters, many of which are beyond the Company's control. Given these concerns, investors and analysts should not place undue reliance on these statements. Each of the above statements speaks only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any of the above statements is based.

      Add to Digg Bookmark with del.icio.us Add to Newsvine

      Contact:
      Dan Keeney, APR
      DPK Public Relations
      832-467-2904
      Email Contact



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      schrieb am 11.08.11 13:06:04
      Beitrag Nr. 39 ()
      ERHC Energy Inc. Reports Third Quarter 2011 Financial Results



      HOUSTON, TX -- (MARKET WIRE) -- 08/10/11 -- ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in West Africa, has announced its results for the quarter ending on June 30, 2011, of ERHC's current financial year.

      During the third quarter of its financial year, ERHC's general and administrative expenses totaled $887,421, a decrease of approximately 38 percent from $1,435,212 in the three months ended June 30, 2010.

      As of June 30, 2011, ERHC reported $14,816,976 in cash, cash equivalents and short-term investments, and virtually no debt.

      ERHC also announced an initial eight-year work program on its three exploration blocks in the Republic of Chad arising from the Production Sharing Contract (PSC) signed with the government of Chad in July. The work program includes the following:

      An initial four-year commitment comprising of geological and geophysical studies, including the acquisition of seismic data.
      Two additional years including a well commitment.
      The final two-year period includes another well commitment.
      The minimum expenditure on the work program over the eight-year period is $16 million.

      "We are currently synthesizing the mass of technical information that we became entitled to and received from the Chadian authorities when we signed the PSC, after which we will start working with the Chadian authorities on the requisite management arrangements and preliminary approvals for the work required in the first period of the exploration program," said ERHC CEO Peter Ntephe. "Thereafter, we will begin the important work of contracting service companies for the first steps of the geological and geophysical work. This will be done in tandem with discussions with potential partners."

      In addition to its oil blocks in Chad, ERHC holds working interests in Blocks 2, 3, 4, 5, 6 and 9 of the Nigeria-Sao Tome and Principe Joint Development Zone ("JDZ"). ERHC also holds 100 percent working interests in Blocks 4 and 11 of the Sao Tome and Principe Exclusive Economic Zone ("EEZ") with an option to acquire up to 15 percent working interests in two more Blocks in the EEZ.

      ERHC will hold its third quarter investor conference call on Friday, August 12, 2011 at 9:00 a.m. Eastern Time (8:00 a.m. Central Time). To participate, please dial 877-309-0830 (domestic) or 716-247-5185 (international) five to ten minutes before the call begins and reference the pass code 89824057. Those wishing to submit questions beforehand can do so via e-mail at Q3Questions@ERHC.com. ERHC may not be able to address all questions submitted.

      A replay of the call will be available from Friday, August 12, 2011 at 10:00 a.m. Eastern Time through August 19, 2011 by dialing 855-859-2056 (domestic) or 404-537-3406 (international) and referencing the pass code 89824057.

      About ERHC Energy

      ERHC Energy Inc. is a Houston-based independent oil and gas company focused on growth through high impact exploration in the highly prospective Gulf of Guinea and the development of undeveloped and marginal oil and gas fields. ERHC is committed to creating and delivering significant value for its shareholders, investors and employees, and to sustainable and profitable growth through risk balanced smart exploration, cost efficient development and high margin production. For more information, visit www.erhc.com.

      Cautionary Statement

      This press release contains statements concerning ERHC Energy Inc.'s future operating milestones, future drilling operations, the planned exploration and appraisal program, future prospects, future investment opportunities and financing plans, future shareholders' meetings as well as other matters that are not historical facts or information. Such statements are inherently subject to a variety of risks, assumptions and uncertainties that could cause actual results to differ materially from those anticipated, projected, expressed or implied. A discussion of the risk factors that could impact these areas and the Company's overall business and financial performance can be found in the Company's reports and other filings with the Securities and Exchange Commission. These factors include, among others, those relating to the Company's ability to exploit its commercial interests in the JDZ and the Exclusive Economic Zone of São Tomé and Príncipe, general economic and business conditions, changes in foreign and domestic oil and gas exploration and production activity, competition, changes in foreign, political, social and economic conditions, regulatory initiatives and compliance with governmental regulations and various other matters, many of which are beyond the Company's control. Given these concerns, investors and analysts should not place undue reliance on these statements. Each of the above statements speaks only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any of the above statements is based.

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      Dan Keeney, APR
      DPK Public Relations
      832-467-2904
      Email Contact

      Source: ERHC Energy Inc



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      schrieb am 18.08.11 14:19:24
      Beitrag Nr. 40 ()
      ERHC Energy Inc. Announces Initial Plans for Chadian Exploration



      HOUSTON, TX -- (MARKET WIRE) -- 08/18/11 -- ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in West Africa, has announced further details regarding its Chadian exploration program. In July, ERHC signed a production sharing contract (PSC) on three oil blocks in the Republic of Chad, covering a 100 percent interest in BDS 2008 and the Manga block, and a 50 percent interest in Chari-Ouest 3.

      ERHC's Chad exploration program will cover an eight year period and includes a two-well commitment. The exploration program is divided into three phases with the initial phase devoted primarily to geological and geophysical (G&G) studies. The G&G work will take the exploratory process from the generation and gathering of all requisite technical data to the interpretation and analysis that will inform specific drilling locations. As is usual with PSCs, ERHC and the Chadian authorities will agree on a specific work program and corresponding budget annually.

      "Upon finishing the synthesis of initial technical data received from the Chadian authorities and putting in place requisite management structures and arrangements, we will begin the important work of talking to service companies toward the first steps of the G&G work," said Peter Ntephe, ERHC's President/CEO. "This will be done in tandem with discussions regarding potential operating and consortium partners."

      ERHC also addressed its equity stake in Exile Resources, the Canadian junior. ERHC holds 7.35% of Exile whose assets include a carried interest in Nigeria's Akepo field. Exile is currently in reverse takeover talks with Oando Plc, the Johannesburg and Lagos listed integrated energy group. ERHC stated that together with its advisers, it will monitor the proposed Oando-Exile transaction closely in the coming weeks with a view to acting as appropriate to enhance value for ERHC's shareholders.

      ERHC further notified its shareholders it was exploring opportunities on producing and near producing assets in Nigeria. The company has entered into "positive" talks with the Imo State government of Nigeria to work with the government to bring marginal fields in the State to production. Imo State is one of Nigeria's oil producing states and one of the earliest places where oil operations were established in Nigeria.

      About ERHC Energy

      ERHC Energy Inc. is a Houston-based independent oil and gas company focused on growth through high impact exploration in Africa and the development of undeveloped and marginal oil and gas fields. ERHC is committed to creating and delivering significant value for its shareholders, investors and employees, and to sustainable and profitable growth through risk balanced smart exploration, cost efficient development and high margin production. For more information, visit www.erhc.com.

      Cautionary Statement

      This press release contains statements concerning ERHC Energy Inc.'s future operating milestones, future drilling operations, the planned exploration and appraisal program, future prospects, future investment opportunities and financing plans, future shareholders' meetings as well as other matters that are not historical facts or information. Such statements are inherently subject to a variety of risks, assumptions and uncertainties that could cause actual results to differ materially from those anticipated, projected, expressed or implied. A discussion of the risk factors that could impact these areas and the Company's overall business and financial performance can be found in the Company's reports and other filings with the Securities and Exchange Commission. These factors include, among others, those relating to the Company's ability to exploit its commercial interests in Chad, the JDZ and the Exclusive Economic Zone of São Tomé and Príncipe, general economic and business conditions, changes in foreign and domestic oil and gas exploration and production activity, competition, changes in foreign, political, social and economic conditions, regulatory initiatives and compliance with governmental regulations and various other matters, many of which are beyond the Company's control. Given these concerns, investors and analysts should not place undue reliance on these statements. Each of the above statements speaks only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any of the above statements is based.

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      Dan Keeney, APR
      DPK Public Relations
      832-467-2904 begin_of_the_skype_highlighting 832-467-2904 end_of_the_skype_highlighting
      Email Contact

      Source: ERHC Energy Inc.






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      schrieb am 13.09.11 14:17:47
      Beitrag Nr. 41 ()
      Company News
      ERHE ERHE
      ERHC Energy Inc. OTCBB




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      ERHC Energy to Present at the Rodman & Renshaw Annual Global Investment Conference



      HOUSTON, TX -- (MARKET WIRE) -- 09/12/11 -- ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in Sub-Saharan Africa, today announced that its Financial Officer, Sylvan Odobulu, will deliver a presentation on ERHC at the Rodman & Renshaw Annual Global Investment Conference. The event is being held through September 13, 2011 at the Waldorf Astoria Hotel in New York City with more than 4,000 attendees expected, including high net-worth institutional investors, private equity firms, sophisticated private investors and industry executives.

      ERHC's presentation will cover the Company's growth strategy, its oil and gas exploration blocks in the Republic of Chad and in the São Tomé & Príncipe Exclusive Economic Zone as well as its oil and gas assets in the Nigeria-São Tomé & Príncipe Joint Development Zone.

      ERHC is scheduled to present as part of the Energy track today at 4:55 p.m. Eastern Time in the Beekman Suite of the Waldorf Astoria Hotel, New York. For more information, please visit http://www.rodmanrenshaw.com.

      ERHC's presentation will be posted on ERHC's website at http://www.erhc.com/presentations.

      The conference will include a series of one-on-one meetings with institutional investors.

      About ERHC Energy

      ERHC Energy Inc. is a Houston-based independent oil and gas company focused on growth through high impact exploration in Africa and the development of undeveloped and marginal oil and gas fields. ERHC is committed to creating and delivering significant value for its shareholders, investors and employees, and to sustainable and profitable growth through risk balanced smart exploration, cost efficient development and high margin production. For more information, visit www.erhc.com.

      Cautionary Statement

      This press release contains statements concerning ERHC Energy Inc.'s future operating milestones, future drilling operations, the planned exploration and appraisal program, future prospects, future investment opportunities and financing plans, future shareholders' meetings as well as other matters that are not historical facts or information. Such statements are inherently subject to a variety of risks, assumptions and uncertainties that could cause actual results to differ materially from those anticipated, projected, expressed or implied. A discussion of the risk factors that could impact these areas and the Company's overall business and financial performance can be found in the Company's reports and other filings with the Securities and Exchange Commission. These factors include, among others, those relating to the Company's ability to exploit its commercial interests in Chad, the JDZ and the Exclusive Economic Zone of São Tomé and Príncipe, general economic and business conditions, changes in foreign and domestic oil and gas exploration and production activity, competition, changes in foreign, political, social and economic conditions, regulatory initiatives and compliance with governmental regulations and various other matters, many of which are beyond the Company's control. Given these concerns, investors and analysts should not place undue reliance on these statements. Each of the above statements speaks only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any of the above statements is based.

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      Dan Keeney, APR
      DPK Public Relations
      832-467-2904 begin_of_the_skype_highlighting 832-467-2904 end_of_the_skype_highlighting
      Email Contact

      Source: ERHC Energy Inc




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      schrieb am 05.10.11 14:30:27
      Beitrag Nr. 42 ()
      Company News
      ERHE ERHE
      ERHC Energy Inc. OTCBB




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      Chief Executive Officer Updates ERHC Energy Inc. Shareholders



      HOUSTON, TX -- (MARKET WIRE) -- 10/03/11 -- 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 Peter Ntephe, chief executive officer.

      To ERHC Shareholders:

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

      Republic of Chad

      Earlier this summer, ERHC signed a Production Sharing Contract (PSC) with the Government of Chad for three oil and gas Blocks: 100 percent of the BDS 2008 and Manga Blocks and 50 percent, of the Chari-Ouest 3 Block. Both BDS 2008 and Chari-Ouest 3 are situated adjacent to the prolific Doba Basin oil fields which had an average daily production of over 122,500 barrels of crude oil in 2010. The Manga Block is north of the Lake Chad basin.

      Quite some excitement was generated in the industry when we received, as we described in August, the formal Decree of Approval issued by the President of Chad, His Excellency President Idriss Deby Itno. The timely issuance of the Decree speaks volumes about the Chadian government's commitment to encouraging investment in its oil and gas industry. ERHC intends to match the investor-friendly approach of the Chadian Government through the diligent execution of the exploration program.

      As an important first step, ERHC's technical team has concluded its study and cataloguing of the initial geological and geophysical data received from Ministry of Petroleum of the Government of Chad.

      We received more than 1,700 seismic lines in respect of the Doba and Doseo basins, geological and geophysical (G&G) reports on swathes of the Doba, Doseo and Lake Chad basins and reports on selected drilling operations conducted within the basins. The data provides valuable insights into the regional geology and petroleum system, broadening our understanding of some of the elements that could be essential in the generation of hydrocarbon prospects in our Blocks. Our technical team has come out of this exercise with a heightened anticipation of the potential of our Blocks in Chad.

      It is important to emphasize that the technical data we have reviewed is little more than preliminary for purposes of our exploration program in the PSC. In order to identify specific targets for drilling within our Blocks and to provide reserve estimates, we now need to embark on the detailed work program in the PSC, which has been described in our most recent 10-Q filing available at http://erhc.com/secfilings/.

      The next step under the PSC is the setting up of the administrative structures, including a Management Committee, with the Government of Chad. The committee will supervise ERHC's exploration program. Meetings for the purpose are scheduled to commence before the end of October. Once the administrative structures are agreed, the first Annual Work Program and Budget for the exploration program will be worked out. In anticipation of the budget, ERHC is currently collating estimates from service companies on the requisite G&G activities that our exploration program begins with. We are also in discussions with several possible consortium partners as well as potential in-country personnel for the Chad operation.

      In October, ERHC will participate in the Chad International Oil, Mining and Energy Conference and Exhibition (CIOME 2011). The Conference is held in Ndjamena, Chad from October 10th through 13th and is the annual showcase for Chad's oil industry. ERHC will deliver a paper on October 10th on local partnerships and content. ERHC's previous participation in CIOME 2008 provided valuable exposure for ERHC in Chad and went some way to establish ERHC as a credible candidate for award of Blocks.

      São Tomé and Príncipe Exclusive Economic Zone (EEZ)

      Discussions will continue early in October with the National Petroleum Agency of São Tomé and Príncipe ("ANP-STP") on the PSC for the Company's two exploration Blocks in the EEZ.

      Activity continues to be generated in acreages adjacent to the EEZ and down the western coast of Africa southwards, particularly from the global interest in pre-salt plays. Plate tectonic theory and extensive related research indicate that during Cretaceous time, this area of Africa was contiguous with Brazil'sSantos Basin, where some of the world's biggest oil discoveries have been made in recent years. While most of global production had, until that time, been concentrated in post-salt plays, the Brazilian discoveries were made in pre-salt geological formations, sparking a surge in pre-salt exploration activity. In Gabon, directly east of ERHC's EEZ Blocks, pre-salt plays have been proven with discoveries made both onshore and offshore.

      A flurry of pre-salt activity has resulted from all this in offshore Western Africa, in the vicinity of the EEZ. In June, Petrobras entered the Ntsina Marin and Mbeli Marin offshore permits in Gabon's offshore, which abuts the EEZ. In Namibia, BP recently acquired a 25 percent stake in Block 2714A following Petrobras' earlier acquisition of a stake in the same block. In January, Angola licensed pre-salt offshore blocks to international majors including BP, Eni and Total. We anticipate that this pre-salt excitement will reflect positively on the EEZ in general and on our ongoing pursuit of farm-in partners for our EEZ Blocks.

      Joint Development Zone (JDZ)

      Studies continue in JDZ Blocks 2, 3 and 4 which are being operated by ERHC's partners, Sinopec and Addax. The unprecedented five-well drilling campaign conducted between August 2009 and January 2010 resulted in the discovery of biogenic gas across the Blocks. The parties' current work is focused on determining the prospects for thermogenic hydrocarbon discoveries in the other potential drilling targets in the Blocks. There are more than a dozen additional prospects that have been identified in the Blocks.

      The contracting parties also keenly await drilling in JDZ Block 1, which hosts the Obo 1 oil discovery. Further drilling in the Block is expected toward the end of 2011 or early in 2012. While ERHC does not have any rights in Block 1, drilling there may positively impact on the JDZ as a whole by providing information that would facilitate further exploration work on our Blocks.

      Growth Strategy

      We are pleased to announce that ERHC has recently signed a Letter of Intent with the Imo State Government to pursue marginal field development together. Imo State is one of Nigeria's oil producing states and one of the earliest places where oil operations were established in Nigeria. Shareholders will recall that our commencement of talks with the Imo State government over cooperation on marginal fields was widely reported in Nigerian and other media in July. Those talks have now progressed to the stage where the Letter of Intent has been agreed and executed. The next steps involve the joint pursuit of award of specific marginal fields within the State

      ERHC will contribute technical, operational and financial assistance to the partnership. The Imo State Government will take the lead in the negotiation of awards of the marginal fields from the Federal Government of Nigeria. The parties will jointly determine the proportion of working interests that each party will hold in any field that is awarded to the partnership.

      In addition to the partnership with the Imo State government, ERHC continues to explore the possibilities for commercial farm in on a number of Nigerian fields with proven discoveries. As I write, ERHC is involved in negotiations with holders of interests in three Nigerian fields.

      This focus on proven fields in Nigeria is in execution of the Company's growth strategy which calls for acquisition of assets across the exploration and production (E&P) lifecycle. Our Chad, JDZ and EEZ assets are exploration assets. The strategy calls for the addition of assets in the development and production stages to balance risk. The intent is to accrue a rich basket of E&P assets that is diversified in location (within Africa) and in nearness to production. The model has proved to be a successful one followed by numerous exploration companies when they were at ERHC's stage of development.

      Our intent therefore is to accrue a mixed portfolio of oil and gas acreages that drive shareholder value.

      Beyond Nigeria, ERHC is actively pursuing the award of new Blocks in West Africa, including in the countries whose coasts constitute the emergent play called the West Africa Transform Margin (WATM). As many of our shareholders know, the exciting WATM is the area between two tectonic plates stretching nearly 1,000 miles along the coast from Eastern Ghana across Ivory Coast and Liberia to the West of Sierra Leone. It hosts two of West Africa's largest discoveries in recent years, Ghana's Jubilee Field and Sierra Leone's Mercury discovery.

      ERHC also is pursuing applications in East Africa. Following the Giraffe 1 discovery in Uganda'sLake Albert in 2009, estimated to be Africa's largest onshore discovery in a quarter century, East Africa has become an exciting new oil and gas province. Success in our applications in the region will yield significant early mover advantages of the sort that have benefited ERHC immensely in the past.

      We will keep shareholders informed of all significant developments in these growth activities.

      AIM

      ERHC's continued growth depends on the ability to attract new funding and investment. This requirement drives our pursuit of a listing on the AIM of the London Stock Exchange. This initiative has so far been constrained by the intricacies of due diligence necessitated by ERHC's long and rich history. We shall keep our shareholders informed when significant breakthroughs are made in the process.

      Investor Outreach

      In our ongoing effort to spread the word about the exciting things ERHC is doing and take the Company's story to potential, new investors, ERHC presented at the Rodman & Renshaw Annual Global Investment Conference in New York in September and EnerCom's Oil & Gas Conference 2012 in Denver in August. ERHC's financial officer, Sylvan Odobulu, delivered both presentations on ERHC's progress with its assets in the Republic of Chad, the JDZ and EEZ, and plans for growth.

      Investors can view an interview with Mr. Odobulu conducted at the EnerCom's conference by clicking http://www.theoilandgasconference.com/360_interviews.shtml and scrolling down on the 2011 interviews tab.

      Fiscal Year End

      ERHC's fiscal year ends September 30. Preparatory work for ERHC's annual 10-K filing is already underway. The filing is due in December.

      Thank you all for your continued interest in ERHC and your trust.

      If you have questions, please ask the Company directly through its investor relations representative, Dan Keeney (214.432.7556 begin_of_the_skype_highlighting 214.432.7556 end_of_the_skype_highlighting or dan@dpkpr.com).

      Sincerely,

      Peter Ntephe

      Chief Executive Officer

      This press release contains statements concerning ERHC Energy Inc.'s future operating milestones, future drilling operations, the planned exploration and appraisal program, future prospects, future investment opportunities and financing plans, future shareholders' meetings as well as other matters that are not historical facts or information. Such statements are inherently subject to a variety of risks, assumptions and uncertainties that could cause actual results to differ materially from those anticipated, projected, expressed or implied. A discussion of the risk factors that could impact these areas and the Company's overall business and financial performance can be found in the Company's reports and other filings with the Securities and Exchange Commission. These factors include, among others, those relating to the Company's ability to exploit its commercial interests in Chad, the JDZ and the Exclusive Economic Zone of São Tomé and Príncipe, general economic and business conditions, changes in foreign and domestic oil and gas exploration and production activity, competition, changes in foreign, political, social and economic conditions, regulatory initiatives and compliance with governmental regulations and various other matters, many of which are beyond the Company's control. Given these concerns, investors and analysts should not place undue reliance on these statements. Each of the above statements speaks only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any of the above statements is based.

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      Dan Keeney, APR
      DPK Public Relations
      832-467-2904 begin_of_the_skype_highlighting 832-467-2904 end_of_the_skype_highlighting
      Email Contact

      Source: ERHC Energy Inc




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      schrieb am 19.10.11 14:19:54
      Beitrag Nr. 43 ()
      Company News

      ERHC Energy Inc. OTCBB

      ERHC Energy and Sao Tome and Principe Set PSC Negotiations for EEZ Blocks

      HOUSTON, TX -- (MARKET WIRE) -- 10/18/11 -- ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in Sub-Saharan Africa, and the National Petroleum Agency of São Tomé and Príncipe (ANP-STP) today announced they have agreed to start Production Sharing Contract (PSC) negotiations in mid-November. ERHC and the ANP-STP mutually agreed upon the basic parameters for conducting negotiations related to the Company's two exploration Blocks in the São Tomé and Príncipe Exclusive Economic Zone (EEZ).

      ERHC has a 100 percent working interest in Blocks 4 and 11 of the EEZ free of signature bonuses.

      "We are delighted to be in receipt of formal invitation from the ANP-STP to begin PSC negotiations in mid-November," said Peter Ntephe, ERHC's President/CEO. "ERHC believes the EEZ has the necessary components of a successful petroleum system and we look forward to concluding the PSC process."

      According to the timetable set by the ANP-STP, ERHC's negotiations are scheduled to follow those of Oranto Petroleum, which has interests in EEZ Block 3, and Equator Exploration Limited, which has interests in EEZ Blocks 5 and 12. The ANP-STP announced the signing of a PSC with Oranto for EEZ Block 3 on October 13, 2011.

      "We congratulate the ANP-STP and the government of São Tomé and Príncipe, under the leadership of His Excellency, Patrice Trovoada, for this landmark achievement," said Mr. Ntephe. "The government, by word and deed, has demonstrated its determination to accelerate the oil exploration in São Tomé and Príncipe."

      Seismic data for EEZ Blocks 4 and 11 contain highly prospective structures and they are situated close to the proven hydrocarbon systems in the adjacent territorial waters of Gabon, Equatorial Guinea, Nigeria and Cameroon.

      About ERHC Energy

      ERHC Energy Inc. is a Houston-based independent oil and gas company focused on growth through high impact exploration in Africa and the development of undeveloped and marginal oil and gas fields. ERHC is committed to creating and delivering significant value for its shareholders, investors and employees, and to sustainable and profitable growth through risk balanced smart exploration, cost efficient development and high margin production. For more information, visit www.erhc.com.

      Cautionary Statement

      This press release contains statements concerning ERHC Energy Inc.'s future operating milestones, future drilling operations, the planned exploration and appraisal program, future prospects, future investment opportunities and financing plans, future shareholders' meetings as well as other matters that are not historical facts or information. Such statements are inherently subject to a variety of risks, assumptions and uncertainties that could cause actual results to differ materially from those anticipated, projected, expressed or implied. A discussion of the risk factors that could impact these areas and the Company's overall business and financial performance can be found in the Company's reports and other filings with the Securities and Exchange Commission. These factors include, among others, those relating to the Company's ability to exploit its commercial interests in Chad, the JDZ and the Exclusive Economic Zone of São Tomé and Príncipe, general economic and business conditions, changes in foreign and domestic oil and gas exploration and production activity, competition, changes in foreign, political, social and economic conditions, regulatory initiatives and compliance with governmental regulations and various other matters, many of which are beyond the Company's control. Given these concerns, investors and analysts should not place undue reliance on these statements. Each of the above statements speaks only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any of the above statements is based.

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      Contact:
      Dan Keeney, APR
      DPK Public Relations
      832-467-2904
      Email Contact
      Source: ERHC Energy Inc
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      schrieb am 16.12.11 13:27:16
      Beitrag Nr. 44 ()
      ERHC Energy Inc. Reports Year End 2011 Financial Results



      HOUSTON, TX -- (MARKET WIRE) -- 12/14/11 -- ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in Sub-Saharan Africa, today announced its year-end results for fiscal 2011, which ended September 30, 2011.

      As of September 30th, 2011, which is the end of ERHC's fiscal year, the Company had cash and cash equivalents and treasury bills totaling about $12,144,597, and virtually no debt.

      During the 2011 fiscal year, ERHC's general and administrative expenses totaled $4,414,630, which represented a 14 percent decrease compared to fiscal 2010.

      "2011 was another landmark year in the remarkable growth of ERHC," said President and CEO Peter Ntephe. "We successfully doubled the highly prospective exploration acreage under the Company's control and set in motion ERHC's evolution from a single-asset, deepwater-focused company to a multiple asset E&P player with onshore and offshore interests, which movement we expect to intensify in 2012."

      ERHC holds oil and gas exploration interests in the Republic of Chad, the Sao Tome and Principe Exclusive Economic Zone (EEZ) and the Nigeria-Sao Tome and Principe Joint Development Zone (JDZ). In the Republic of Chad, ERHC has 100 percent of the interest in BDS 2008 and Manga. The Company has a 50 percent interest in Chari-Ouest Block 3. In the EEZ, ERHC holds 100 percent working interests in Blocks 4 and 11 with an option to acquire up to 15 percent working interests in two more Blocks. In the JDZ, ERHC holds working interests in Blocks 2, 3, 4, 5, 6 and 9.

      ERHC has scheduled a conference call at 8:00 a.m. Central Time on Friday, December 16, 2011 to provide an update on company activities and discuss year-end financial results. Anyone interested in participating can access the call via phone or webcast.

      By Phone: Dial 888-669-0676 (US & Canada) or 201-604-0467 (international) at least 10 minutes prior to the call. A telephone replay will be available through December 23, 2011 by dialing 888-632-8973 (US & Canada) or 201-499-0429 (international) and using the access code 50988289#.

      By Webcast: Visit the ERHC Investor Center at http://erhc.com/investors/. Please log in at least 10 minutes in advance to register and download any necessary audio software. A replay of the audio webcast will be available shortly after the call.

      Those wishing to submit questions beforehand can do so via e-mail at YearEndQuestions@ERHC.com. Investors participating by phone may ask a question live during the call. Participants also may send questions in advance by clicking on the "submit a question" link under the webcast link at the ERHC Investor Center at http://erhc.com/investors/.

      About ERHC Energy

      ERHC Energy Inc. is a Houston-based independent oil and gas company focused on growth through high impact exploration in Africa and the development of undeveloped and marginal oil and gas fields. ERHC is committed to creating and delivering significant value for its shareholders, investors and employees, and to sustainable and profitable growth through risk balanced smart exploration, cost efficient development and high margin production. For more information, visit www.erhc.com.

      Cautionary Statement

      This press release contains statements concerning ERHC Energy Inc.'s future operating milestones, future drilling operations, the planned exploration and appraisal program, future prospects, future investment opportunities and financing plans, future shareholders' meetings as well as other matters that are not historical facts or information. Such statements are inherently subject to a variety of risks, assumptions and uncertainties that could cause actual results to differ materially from those anticipated, projected, expressed or implied. A discussion of the risk factors that could impact these areas and the Company's overall business and financial performance can be found in the Company's reports and other filings with the Securities and Exchange Commission. These factors include, among others, those relating to the Company's ability to exploit its commercial interests in Chad, the JDZ and the Exclusive Economic Zone of São Tomé and Príncipe, general economic and business conditions, changes in foreign and domestic oil and gas exploration and production activity, competition, changes in foreign, political, social and economic conditions, regulatory initiatives and compliance with governmental regulations and various other matters, many of which are beyond the Company's control. Given these concerns, investors and analysts should not place undue reliance on these statements. Each of the above statements speaks only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any of the above statements is based.

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      schrieb am 18.07.12 10:26:24
      Beitrag Nr. 45 ()
      1 Antwort
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      schrieb am 18.07.12 11:40:35
      Beitrag Nr. 46 ()
      Antwort auf Beitrag Nr.: 43.397.648 von Montekaolino am 18.07.12 10:26:24

      Wenn dies projekte in kenia treffen dann gehts hier ab.
      Avatar
      schrieb am 23.07.12 22:11:23
      Beitrag Nr. 47 ()
      Ja wir sind doch auf den richtigen weg.


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