ERHC Energy

Joint Development Zone

Mon, 25 Aug 2008 20:08:53 GMT

ERHC has interests in six of the nine Blocks in the Joint Development Zone (JDZ), a 34,548 sq km area approximately 200 km off the coastline of Nigeria and São Tomé & Principe that is adjacent to several large petroleum discovery areas. ERHCs rights in the JDZ include: JDZ Block 2: 22.0% JDZ Block 3: 10.0% JDZ Block 4: 19.5% JDZ Block 5: 15.0% JDZ Block 6: 15.0% JDZ Block 9: 20.0% In early 2008, Addax Petroleum, an experienced exploration and production company that has participation agreements with ERHC in JDZ Blocks 2, 3 and 4, and is the operator of JDZ Block 4 publicly disclosed seismic images and maps showcasing the prospectivity of its JDZ interests. Addax has authorized ERHC Energy to feature some of the JDZ-related images to better inform the investor community. The Addax Petroleum Capital Markets Day presentation was made public on January 29, 2008 and is available for download. In 1999, Geco-Prakla (now WesternGeco) shot a 2D seismic...

Frequently Asked Questions

Mon, 25 Aug 2008 20:05:05 GMT

The following responses are intended to answer the questions currently being posed to the company. We will make every attempt to keep this FAQ section as up-to-date as possible, and appreciate your referencing this section of our website frequently for clarification of facts. Naturally, the content here will evolve as developments occur. Q. If you start drilling this year, when do you expect first oil and when do you expect to go into commercial production? Due to the depth of the Joint Development Zone (JDZ) Blocks after the first year of exploration drilling an appraisal well in each block would be drilled in the following year, with a possible second well. Two further wells would be drilled in the third year. Actual commercial production would not be expected until 2012 or 2013. Q. How do you plan to transport the oil? Are you going to use Floating Production Storage and Offloading (FPSO) vessels or are you going to pipe the oil to an onshore terminal? Due to the depth...

ERHC Energy Milestones

Mon, 25 Aug 2008 20:02:02 GMT

ERHC Energy has come a long way from its roots as an environmental remediation company. In 1996, ERHC narrowed its focus and began operating solely as an independent oil and gas company. Following are some milestones ERHC has achieved as it makes progress toward maximizing corporate value and shareholder returns by leveraging its assets in the Joint Development Zone (JDZ) between Sao Tome & Principe and Nigeria and in the exclusive waters of São Tomé & Príncipe (EEZ) and by pursuing other upstream and downstream oil and gas opportunities wherever attractive projects can be acquired at low cost and transformed into valuable oil and gas assets. In May 1997, ERHC entered into an exclusive joint venture with São Tomé & Príncipe. ERHC sought that agreement because it identified the possibility of significant reserves offshore of Sao Tome & Principe years before anyone else did and was willing to undertake the hard work necessary to realize the value of these...

ERHC Investor Center

Fri, 15 Aug 2008 13:59:27 GMT

Quarterly Conference Call Replay Now Available 800-642-1687 (domestic) 706-902-1710 (international) Pass Code: 57619351 Click HERE to access Webcast Meeting ID 7QC7M4-1 Entry Code: 8JR#pbw Stock Exchange Listing ERHC Energy’s common stock is currently traded on the OTC Bulletin Board under the symbol ERHE. Investor Contact Dan Keeney, APR DPK Public Relations P.O. Box 1994 Colleyville, Texas 76034 Phone: 832 467-2904 E-mail: dan@dpkpr.com Corporate Stock Transfer 3200 Cherry Creek Drive South Suite 430 Denver, CO 80209 www.corporatestock.com Independent Accountants Malone & Bailey, P.C 2925 Briarpark Drive, Suite 930 Houston, TX 77042 www.malone-bailey.com Corporate Brochure Click here Company Flash Presentation Click here One Page Overview of ERHC Click here

ERHC Energy Inc.

Fri, 15 Aug 2008 13:58:52 GMT

Quarterly Conference Call Replay Now Available 800-642-1687 (domestic) 706-902-1710 (international) Pass Code: 57619351 Click HERE to access Webcast Meeting ID 7QC7M4-1 Entry Code: 8JR#pbw ERHC Energy, Inc. (OTCBB: ERHE) is a publicly traded American company with valuable oil and gas assets in the Gulf of Guinea, off the coast of central West Africa. We are proud of our heritage of visionary leadership that was responsible for ERHC being among the first to identify the possibility of significant oil reserves in what was once an undeveloped oil region of the world. We continue to build upon that heritage by continuing to be willing to take chances and having the commitment to do the hard work necessary to realize the value of our assets. Today, ERHC has interests in Blocks 2, 3, 4, 5, 6, and 9 in the offshore Joint Development Zone (JDZ) of Nigeria and the...

ERHC SEC Filings

Tue, 12 Aug 2008 16:42:16 GMT

All filings with the Securities and Exchange Commission can be accessed by clicking here. 2008 Third Quarter 2008 Form 10-Q Quarterly Report Second Quarter 2008 Form 10-Q Quarterly Report First Quarter 2008 Form 10-Q Quarterly Report 2007 2007 ERHC Annual Report to Shareholders 2007 Form 10-K Annual Report Third Quarter 2007 Form 10-Q Quarterly Report Second Quarter 2007 Form 10-Q Quarterly Report First Quarter 2007 Form 10-Q Quarterly Report 2006 2006 Form 10-K Annual Report Third Quarter 2006 form 10-Q Quarterly Report Second Quarter 2006 form 10-Q Quarterly Report First Quarter 2006 form 10-Q Quarterly Report 2005 2005 Form 10-K/A Annual Report (Amendment 2) 2005 Form 10-K/A Annual Report (Amendment 1) 2005 Form 10-K Annual Report Third Quarter 2005 form 10-Q/A Quarterly Report (Amended) Third Quarter 2005 form 10-Q Quarterly Report Second Quarter 2005 form 10-Q Quarterly...

ERHC Presentations

Tue, 12 Aug 2008 16:07:05 GMT

ERHC Energy Third Quarter 2008 Conference Call On August 12, 2008, ERHC Chief Operating Officer Peter Ntephe presented an overview of ERHCs financials and operations. Erhc August Conf Call Final A replay of the call will be available through August 19, 2008 by dialing 800-642-1687 (domestic) or 706-645-9291 (international) and providing the following replay code: 57619351. In addition, the Webcast will be available for replay until September 12, 2008 by going to www.livemeeting.com/cc/erhcenergy/join and entering the Meeting ID: 7QC7M4 and Entry Code: 8JR#pbw. Click here to review his written comments. ERHC Energy Presentations to Investors Conferences On June 5, 2008, ERHC Energy Chief Operating Officer Peter Ntephe presented an overview of the Companys history, assets and growth projections at the RedChip Small-Cap Investors Conference in San Francisco. The same presentation was delivered on June 11, 2008 at the Growth Company Investor Show in London. Click here...

Facts About ERHC

Mon, 04 Aug 2008 22:43:34 GMT

Rights in the Joint Development Zone The JDZ was established during the spring of 2001 to govern the disputed boundary area between Sao Tome and Principe and Nigeria for commercial exploitation. The JDZ is administered by a Joint Development Authority (JDA) which oversees all future exploration and development activities in the JDZ. In June 2005, ERHC accepted awards by the JDA for Blocks 2, 3, 4, 5 and 6. The awards were subject to the execution of a mutually acceptable production sharing contract and joint operating agreement for each Block. The foundation for those awards was established in April 2003, when ERHC and the Democratic Republic of Sao Tome & Principe entered into an Option Agreement in which ERHC relinquished certain financial interests in the JDZ in exchange for exploration rights in the same area. The rest of the claimed territorial waters of Sao Tome and Principe is known as the Exclusive Economic Zone (EEZ). ERHC Energy’s decision reflected the company’s...

ERHC Company History

Tue, 15 Jul 2008 20:39:42 GMT

ERHC Energy, Inc. is focused on maximizing corporate value and shareholder returns by leveraging its assets in the Joint Development Zone (JDZ) between Sao Tome & Principe and Nigeria and in the exclusive waters of Sao Tome (EEZ) and by pursuing other upstream and downstream oil and gas opportunities wherever attractive projects can be acquired at low cost and transformed into valuable oil and gas assets. ERHC currently is partnering with other oil and gas companies that have technical and financial resources that can help ERHC fully exploit these assets. 1986-1997 – Early ERHC History ERHC Energy was formed in 1986 as a Colorado corporation that operated in a number of business areas. In 1996, ERHC narrowed its focus and began operating solely as an energy investment company. In May 1997, the ERHC entered into an exclusive joint venture with the Democratic Republic of Sao Tome & Principe (DRSTP) (the 1997 Agreement). 1999 – JDZ Prospects/Leads Identified A report issued by...

Who We Are

Tue, 15 Jul 2008 20:30:41 GMT

ERHC Energy is a visionary oil and gas company that sees opportunities before others and relishes the challenge of realizing the value of the hard work of our leadership and staff. Click here to view a flash presentation and brief video.

ERHC Energy is currently focused on exploiting its assets -- rights to working interests in oil and gas reserves in the Gulf of Guinea offshore central West Africa. ERHC's rights in the Joint Development Zone include:

JDZ Block 2: 22.0%

JDZ Block 3: 10.0%

JDZ Block 4: 19.5%

JDZ Block 5: 15.0%

JDZ Block 6: 15.0%

JDZ Block 9: 20.0%

During the past two years, ERHC has formed strong alliances with Addax Petroleum and Sinopec Corp., both of which are experienced exploration and production companies. Addax and Sinopec have announced that they have jointly secured a drillship, the Aban Abraham, which is currently undergoing refurbishment in Singapore to outfit it with the necessary equipment for deepwater exploration.

Additionally, in Sao Tome & Principe’s Exclusive Economic Zone (EEZ), ERHC’s rights to participate in exploration and production activities include the right to receive up to two blocks of ERHC’s choice and the option to acquire up to a 15 percent paid working interest in another two blocks of ERHC’s choice. The Company would be responsible for its proportionate share of exploration and exploitation costs in the EEZ blocks.

ERHC is also working to diversify its holdings and build upon its assets in the Gulf of Guinea through a carefully executed acquisition strategy aimed at viable revenue producing properties.

Click here to download ERHC Energy's corporate brochure.

ERHC Operations

Fri, 16 May 2008 21:23:07 GMT

ERHC Energy's operations are focused on the Gulf of Guinea, off the coast of central West Africa. This was once an undeveloped oil region of the world, but ERHC Energy was among the first to identify the possibility of significant oil reserves there and has worked to realize the value of its assets. Operations include the following:

The Joint Development Zone (JDZ). ERHC has interests in six of the nine Blocks in the Joint Development Zone (JDZ), a 34,548 sq km area approximately 200 km off the coastline of Nigeria and São Tomé & Principe that is adjacent to several large petroleum discovery areas. For more on ERHC's operations in the JDZ, click here.

São Tomé & Principe’s Exclusive Economic Zone (EEZ). The government of São Tomé & Principe has awarded ERHC rights to participate in exploration and production activities in São Tomé & Principe’s Exclusive Economic Zone (EEZ), which encompasses an area of approximately 160,000 square km. For more on ERHC's operations in the EEZ, click here.

Potential acquisition activities. ERHC is in the process of assessing the feasibility of various other prospects in the region, including marginal fields that might provide good investment opportunities for companies of ERHC’s size and capacity. ERHC's past and current emphasis has been in Nigerian waters of similar depths to the JDZ blocks. ERHC also has been assessing potential opportunities in shallower waters within Nigeria as well as offshore environments in other African nations.

Directors

Thu, 24 Apr 2008 14:22:25 GMT

Howard F. Jeter, Director Howard F. Jeter has served as a director since April 2005. Ambassador Jeter retired with the rank of Career Minister from the State Department in 2003 after a 27-year career in the Foreign Service. He is the immediate past US Ambassador to Nigeria. He also served as Deputy Assistant Secretary of State for African Affairs, State Department Director for West Africa, President Clintons Special Envoy for Liberia, and Ambassador to Botswana. Ambassador Jeter was Deputy Chief of Mission and later Charge dAffaires in Lesotho and Namibia. He also had multi-year assignments in Tanzania and Mozambique. He earned his Bachelor of Arts Degree, with Honors, from Morehouse College and Masters Degrees in International Relations, Comparative Politics, and African Studies from Columbia University and UCLA. He is currently the President and Chief Executive Officer of the Leon H. Sullivan Foundation, Chairman of the Advisory Committee on Africa, US Export - Import Bank and...

Thu, 27 Mar 2008 22:05:30 GMT

If you recently received a Proxy mailing and vote in the mail from our transfer agent, Corporate Stock Transfer, the following information will attempt to address some of the more common questions: I don’t know why I received the Proxy. You have received the Proxy from ERHC because you are listed on the books and records of the company as a shareholder. These books and records are maintained by Corporate Stock Transfer (CST). I don’t recognize the name of the company. The Company’s predecessor, Environmental Remediation Funding Corporation (ERFC), was incorporated under the laws of the State of Delaware in September 1995. In August 1996, the stockholders of ERFC exchanged all of their shares of ERFC for 2,433,950 authorized and unissued shares of common stock, representing 87.2% of such then outstanding shares, of Regional Air Group Corporation (RAIR), a Colorado corporation. RAIR was a publicly-owned corporation which had ceased operations and as a result had only nominal assets...

ERHC Energys Interests in the JDZ

Tue, 11 Mar 2008 22:47:32 GMT

In early 2008, Addax Petroleum, operator of JDZ Block 4, publicly disclosed seismic images and maps showcasing the prospectivity of its JDZ interests. Addax has authorized ERHC Energy to feature some of the JDZ-related images to better inform the investor community. The Addax Petroleum Capital Markets Day presentation was made public on January 29, 2008 and is available for download. The image below is a 3D view of the structural elements in JDZ Blocks 1, 2, 3 and 4. From left to right, the arrows point to the following: The Lemba Prospect, which the Joint Development Authority (JDA) has approved as the first drilling location in JDZ Block 3 in which Anadarko is the operator; The Kina Prospect, which the JDA has approved as the first drilling location in JDZ Block 4; The Obo Discovery and Kainji Prospect in JDZ Block 1 (ERHC does not have interests in JDZ Block 1); The Principe Prospect in JDZ Block 2 in which Sinopec is the operator. This prospect is still under...

ERHCs Community Outreach Program

Wed, 09 Jan 2008 22:11:28 GMT

The implementation of a community outreach program in our host communities is important to ERHC Energy. It helps to showcase our commitment to contributing positively to the quality of life in the communities in which we operate. ERHC Energys first initiative was a visit by ERHC Corporate Secretary Peter Ntephe and the Company’s special counsel in Nigeria, Steve Ahaneku, to the Jabi Orphanage Home, in Abuja, Nigeria. ERHC made a small contribution during the visit to help support the orphanage, which takes in abandoned children. It currently is home to 35 youngsters ranging in age from a few weeks to five years old. ERHC’s community outreach program is an important part of an integrated program to be more visibly involved with the communities in which we operate and to illustrate the positive things the Company is doing. The program will continue to build momentum with a planned trip by management representatives to Sao Tome and Principe in 2008. ...

Shareholder Administration

Tue, 02 Oct 2007 13:49:18 GMT

Stock Exchange Listing ERHC Energy’s common stock is currently traded on the OTC Bulletin Board under the symbol ERHE. Stock Transfer Agent Shareholder records are maintained by Corporate Stock Transfer (CST) Communication concerning the transfer or exchange of shares, lost certificates or change of address should be directed to: Corporate Stock Transfer 3200 Cherry Creek Drive South Suite 430 Denver, CO 80209 Tel: (303) 282-4800 Fax: (303) 282-5800 Email: postmaster@corporatestock.com Website: http://www.corporatestock.com/ Please contact Corporate Stock Transfer for the further information relating to your ownership of ERHC Energy Inc. common stock. Change of Address Shareholders should notify CST of change of address by fax, and include shareholder name and social security or Tax ID number. Transfer of Ownership The following items are required for transfer of free-trading or restricted** stock by an individual: Original Stock...

Governance and Nominating Committee Charter

Fri, 28 Sep 2007 21:42:31 GMT

I. Purpose The purpose of the Governance and Nominating Committee of the Board of Directors (Board) of ERHC Energy Inc (Company) is to coordinate the nominating process for board members and direct the sound corporate governance of Company through: identifying persons qualified to become members of the Board according to criteria approved by the Board; recommending to the Board director nominees for the next annual meeting of shareholders; overseeing the evaluation of the Board and the Company’s executive management; developing and recommending to the Board corporate governance guidelines appropriate for the Company. II. Composition 1. Independence of Members All members of the Governance and Nominating Committee shall satisfy the independence requirements of the NASDAQ Stock Market and the Sarbanes Oxley Act that would apply if the Company were listed on such Exchange. 2. Number The Governance and Nominating Committee shall consist of at least two...

ERHC Compensation Committee Charter

Fri, 28 Sep 2007 21:40:19 GMT

I. Purpose The purpose of the Compensation Committee of the Board of Directors (the Compensation Committee) of ERHC Energy Inc. (Company) is to assist the Board to discharge the Board’s responsibilities relating to the compensation of the Company’s non-executive directors and executive officers, publishing in the annual proxy statement a report on executive compensation, and compliance with the compensation reporting requirements of the Securities and Exchange Commission (SEC), and any other applicable rules and regulations. The primary responsibility of the Compensation Committee is to develop and recommend to the Board the compensation policies that are appropriate for the Company taking into consideration the circumstances of the Company, its business strategy, and its overall objective to enhance shareholder value. The Committee shall have duties as described in this Charter and additional duties as may be assigned by the Board. II. Composition All members of the Compensation...

Audit Committee Charter

Fri, 28 Sep 2007 21:38:22 GMT

I. Purpose (i) The purpose of the Audit Committee of ERHC Energy, Inc. (the Company) is to provide assistance to the Board of Directors in its oversight of: a. The integrity of the Company’s financial statements and reporting system and the audits of the financial statements of the Company; b. The systems of internal control over financial reporting; c. Approval of financial code of ethics; d. The internal audit function; e. The retention, compensation and termination of independent auditors; f. The annual independent audit of the company’s financial statements; g. The independent auditor’s qualification and independence; h. The company’s compliance with legal and regulatory requirements; and i. The performance of the company independent auditors. The management of the Company is responsible for the preparation, presentation and integrity of the Company’s financial statements. Management is responsible for maintaining and applying appropriate...

Foreign Corrupt Practices Act

Fri, 28 Sep 2007 21:20:00 GMT

Policy I. Purpose The purpose of this Policy is to ensure compliance by ERHC Energy Inc (ERHC) and its directors, officers, employees, agents, consultants and representatives with the US Foreign Corrupt Practices Act (FCPA) and related laws of other countries in which ERHC does or intends to do business. ERHC reserves the right to amend, rescind or replace this Policy at any time. II. FCPA 1. Anti‑Bribery The FCPA is a US Federal Statute prohibiting US companies and their officers, directors, employees and agents from: giving, promising or offering anything of value, whether directly or indirectly, to any foreign official (including an official of a public international organisation) with the intention of obtaining or retaining business or obtaining an improper business advantage 2. Record‑Keeping and Internal Accounting Controls The FCPA also requires US companies such as ERHC to: keep books and records that accurately reflect transactions...