In an article published in the Wall Street publication, MergerMarket, ERHC CEO Peter Ntephe said the Company is actively looking for acquisitions to push its expansion plans.
The following comments were presented as part of ERHC Energy's Third Quarter 2008 Conference Call on August 12, 2008. Erhc August Conf Call Final View SlideShare presentation (tags: joint jdz guinea of) Slide 1 Title Slide Slide 2 (Dan Keeney) Statements during this conference call may concern ERHC Energy Inc.’s future operating milestones. Such statements are subject to a variety of risks, assumptions and uncertainties. Please refer to our cautionary statements posted on the ERHC Energy Web site at www.erhc.com. Slide 3 (Peter Ntephe) Good morning! I am Peter Ntephe, Chief Operating Officer of ERHC Energy. I appreciate you taking time out of your busy day to learn about ERHC’s progress during the third quarter of fiscal year 2008. With me on the call are: James Ledbetter, ERHC’s vice president in charge of technical matters. David Bovell, ERHC’s …
ERHC Energy Inc.'s chief operating officer Peter Ntephe issued this update on July 30, 2008. In it, he discusses operations in the Joint Development Zone, progress toward drilling, the Company's growth strategy and upcoming efforts to spread ERHC's story throughout the investment community.
ERHC Energy Inc. Chief Operating Officer Peter Ntephe recently sat down for an interview regarding issues related to the Company’s growth strategy. Q: Tell us what ERHC does. Peter Ntephe, chief operating officer, ERHC Energy Inc.: ERHC has assets in West Africa. The company is an energy investment company. It trades on the OTC Bulletin Board. Our headquarters are in Houston, Texas. Our basic assets right now are in oil and gas in the Gulf of Guinea off the coast of central West Africa. There are two areas in the Gulf of Guinea in which we have assets: the Nigeria and Sao Tome & Principe Joint Development Zone (JDZ) and the Sao Tome & Principe Exclusive Economic Zone (EEZ). Our current focus is on the JDZ, which is divided into nine Blocks. ERHC has interests in six of the Blocks. In JDZ …
ERHC Energy Chief Executive Officer, Peter Ntephe, made the following comments in his presentation on June 5, 2008 to the RedChip Small-Cap Investors Conference in San Francisco. You can view a replay of his presentation by clicking HERE and scrolling down to the ERHC Energy logo. Mr. Ntephe also was interviewed on RedChip TV shortly before his presentation. You can view of replay of that interview by clicking HERE and scrolling down to the ERHC Energy logo. Click on the presentation image to the right to download the slides from the presentation. SLIDE 1 (Title Slide) SLIDE 2 Statements during this meeting may concern ERHC Energy Inc.’s future operating milestones. Such statements are subject to a variety of risks, assumptions and uncertainties. Please refer to our cautionary statements posted on the ERHC Energy Web site at www.erhc.com. SLIDE 3 Thank you for …
ERHC Energy Profile Website: www.erhc.com Company Name: ERHC Energy Inc. Ticker: ERHE (OTCBB) Sector: Oil & Gas Industry: Energy Market Cap: $305 million (As of 5/12/08) Share Price: $0.42 (As of 5/12/08) CEO: Peter Ntephe (acting) AT-A-Glance (As of 5/12/08) Fiscal Year: 10/1 thru 9/30 52 Week High – Low: $0.61 - $0.16 Price/Earnings (ttm): NA Price/Book (mrq): 9.301326 Price/Sales (ttm): NA Book Value Per Share (mrq): $0.04515 Operating Margin (ttm): NA Average Volume (3 Mos as of 5/12/08): 668,576 Shares Outstanding: 722 million shares Float: 498.6 million shares Company Description: ERHC Energy Inc. – Deep Opportunity ERHC Energy Inc. is a publicly traded American company with valuable oil and gas assets in the highly prospective Gulf of Guinea. ERHC’s common stock is traded on America’s Over the Counter Bulletin Board under the symbol “ERHE.” ERHC is a visionary energy investment company …
ERHC Energy is in the midst of an exciting period and the Company issued this newsletter to make sure people interested in ERHC are up to date on Company announcements and activities. For those who were unable to join us for the Annual Shareholders Meeting a couple weeks ago in Houston, we offer a number of reports and updates stemming from the meeting.
The following interview was conducted with David Bovell during the week of May 5, 2008. Mr. Bovell, who recently was appointed vice president corporate development with ERHC, discussed issues related to his responsibilities, including expanding the Company’s assets through acquisitions and exploring various stock exchange listing alternatives. Q: What do you see as the primary roles and responsibilities coming into that new position? I see them as three-fold: First is to list a subsidiary of ERHC Energy Inc. on the Alternative Investment Market (AIM) of the London Stock Exchange. The second function for the short- or medium-term is to help to expand the company’s assets. Initiating and managing the search process, reviewing and quantifying the applicable opportunities, then assisting management to come to a conclusion. The third function is to enhance shareholder value and to assist the company in realizing shareholder value …
Statements during this meeting may concern 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 …
ERHC's 2007 Annual Report was sent to shareholders in late March 2007. It featured the following letter to shareholders from Acting Chief Executive Officer Nicolae Luca.