Dr. Peter Ntephe, president and chief executive officer of ERHC Energy Inc., recently sat down for an interview that covered a broad range of subjects related to the Company's business activities. ERHC (OTCMKTS:ERHE) is a publicly traded American company with oil and gas assets in Sub-Saharan Africa. What is ERHC's current focus? ERHC has come a long way from a passive-portfolio holding company confined to one set of offshore assets in the Gulf of Guinea. We've diversified the company and taken it onshore East and Central Africa where we have made it a veritable and respected operator in its own right. Our focus is on building value by using aggressive exploration work programs to mature our onshore assets. What is happening currently in Kenya? We operated Kenya Block 11A successfully, according to schedule through the carrying out of a Full …
ERHC Shareholders: ERHC is pleased to present highlights of the Company's recent progress. Greater detail is available in the Company's quarterly 10-Q filing, which can be read at http://erhc.com/secfilings/. São Tomé and Príncipe Exclusive Economic Zone (EEZ) ERHC has concluded negotiations with the National Petroleum Agency (ANP-STP) on the EEZ Block 4 and 11 Production Sharing Contracts (PSCs). Translations, final legal review and certain approvals will precede signature. Republic of Kenya Block 11A Negotiations continue with an international operator interested in farming into the Block following a Letter of Intent entered into in May 2013. ERHC awarded a contract to Bell Geospace to acquire an airborne Full Tensor Gravity Gradiometry (FTG) survey of the Block. ERHC conducted community outreach with government and local leaders to precede of the Company's exploration program. Republic of Chad ERHC has contracted ASAT (Archeologie et …
This week ERHC Energy continues its series of interviews with Company management to provide insight into initiatives that are underway. Today's interview is with Sylvan Odobulu, ERHC Vice President, Administration and Controller. Mr. Odobulu played a leadership role in executing the successful Production Sharing Contract negotiations of ERHC’s portfolio assets in the Republic of Chad. He is responsible for identifying and developing new Sub-Saharan African indigenous upstream oil and gas interests and business opportunities through mergers and acquisitions. Q: How confident are you that ERHC will have the financial resources needed to proceed with its exploration work programs in Kenya and Chad? Sylvan Odobulu, Vice President, Administration and Controller: The rights offering has always been intended as an initial step – it is not the only step by any means. We have several other steps planned, including possible registered direct offerings to …
View a video playlist from the October 9th management presentation by clicking here or by visiting our Videos Page. Below are the slides from the management presentation that followed the Special Meeting of Shareholders on October 9, 2012. Management Presentation from October 9, 2012 Special Meeting of Shareholders from Dan Keeney
TO OUR SHAREHOLDERS: We are writing to confirm and again cordially invite you to attend a special meeting of our shareholders to be held at The Renaissance Houston Hotel, 6 Greenway Plaza East, Houston, Texas 77046 on October 9, 2012, at 3:00 p.m. local time. Unfortunately a communication error occurred during the printing of our proxy cards which state that the special meeting is to be held October 2, 2012. For the avoidance of doubt, we confirm that the special meeting date is October 9, 2012, and we hope that the error and this letter are in no way an inconvenience. Further please note the following: The proxy card which incorrectly states that the special meeting date is October 2, 2012 is still acceptable for mailed delivery; All mailed proxies must be received by the Company’s stock transfer agent on …
2012 First Quarter ERHC Energy Conference Call To view the webcast of the conference call, click to http://www.visualwebcaster.com/event.asp?id=88912 and complete the registration form. To listen to a replay of the conference call via phone, dial 888-632-8973, or 585-295-6791 (international) and punch in replay code 87940214, followed by the # sign. Special features: 1 Rewind 2 Pause 3 Fast Forward 8 Resume Management Presentation Script (Dan Keeney) Good morning and thank you for joining us for the ERHC Energy Third Quarter 2012 Conference Call. Statements during this conference call 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 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 …
To ERHC Shareholders: On behalf of the entire ERHC Energy team, I want to wish you a happy Fourth of July holiday. Our business continues on many fronts and I am pleased to update the investment community and other interested parties on the Company’s recent progress. Growth Strategy The third quarter of ERHC’s financial year has just ended. Within that quarter, we advanced our business development in Africa to the point once again where we appear to be on the cusp of the allocation of exciting new acreages. We expect to have more information about these activities in the next two weeks. Republic of Chad During the quarter, we have engaged extensively with the Chadian Ministry of Petroleum and the national oil company, SHT. We have agreed upon the majority of administrative processes and permits necessary for the commencement of …
To ERHC Shareholders: I am pleased to update our shareholders and the investment community on the upcoming Annual Meeting of ERHC Energy Inc. Shareholders. Annual General Meeting I hope all shareholders will join us for the Annual Meeting which is scheduled to take place at 3:00 p.m. on Thursday, April 26, 2012 at The Renaissance Houston Hotel, 6 Greenway Plaza East, in Houston, Texas. Annual Meetings uniquely offer shareholders of the Company an exclusive opportunity to meet and interact with the Company’s management and directors as well as with other shareholders. The business of next week’s meeting will include electing five Directors, each to serve for the term expiring in 2013 or until a successor is elected and qualified, ratifying the appointment of MaloneBailey, LLP, as our independent accountants for the 2012 fiscal year and transacting other business that may …
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) I am happy to report that ERHC and the National Petroleum Agency of São Tomé and Príncipe (ANP-STP) continue to make meaningful progress on the most critical terms of the Production Sharing Contracts (PSCs) for the Company’s two exploration Blocks in the EEZ. We participated in an intensive two-day face-to-face round of PSC negotiations with the ANP-STP in São Tomé at the end of February in respect of ERHC’s 100 percent working interests in EEZ Blocks 4 and 11. While there, ERHC representatives had the opportunity to be part of the crowd at the Estádio Nacional 12 de Julho that watched the São Tomé and Príncipe National Soccer Team win 2-1 in their …
2012 First Quarter ERHC Energy Conference CallManagement Presentation Script (Dan Keeney)Good morning and thank you for joining us for the ERHC Energy First Quarter 2012 Conference Call. Statements during this conference call 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 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, …
