ERHC Energy Inc. to Hold Annual Shareholders Meeting on April 27, 2010

HOUSTON, March 11, 2010 – 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 its Annual Shareholders Meeting will be held at 3:00 p.m. Central Time on April 27, 2010. The meeting will be held at The Renaissance Houston Hotel, 6 Greenway Plaza East in Houston, Texas.

The Board of Directors fixed the close of business on March 10, 2010, as the record date for the determination of the stockholders entitled to notice of, and to vote at, the meeting. ERHC has issued its proxy materials (Proxy Statement, Annual Report in the form of the Company’s 10-K filing and voting materials) online at www.erhc.com/secfilings. The Proxy Statement and voting materials will be mailed to shareholders of record as of March 10, 2010.

“In recent months we have made significant strides toward achieving major milestones in our business strategy and we look forward to meeting with shareholders again,” said ERHC Chief Operating Officer Peter Ntephe. “Please note that to provide more time to complete preparations for the meeting, the date for the Annual Shareholders Meeting has been changed to April 27, 2010, instead of April 20, 2010, as earlier intended.”

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, 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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Comments for ERHC Energy Inc. to Hold Annual Shareholders Meeting on April 27, 2010:

Total Comments: 2

Dan on 27-Apr-10 11:59 PM (96 days ago) permalink
John: Thank you for you feedback. As is the case with every public company that I am aware of, the ERHC Energy Annual Shareholder's Meeting is/was a meeting of the Company's owners and is not open to those who can't verify that they were a shareholder of record on the record date, which was March 10, 2010. For this reason, it is highly unusual for a Company to allow Web or phone access to the AGM. We are pleased that a number of shareholders were able to participate in the meeting in person.
John on 27-Apr-10 3:41 PM (96 days ago) permalink
I think it is inexcusable that ERHC management made the decision not to broadcast the ASM. It deprives legitimate shareholders from listening to Management's discussion of the state of the company. Does this Managment have any thing to hide? If live interaction is feared, at least a replay should be made available. John Green