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ERHC Energy Chief Operating Officer Discusses São Tomé & Príncipe Exclusive Economic Zone

ERHC Energy (OTCBB:ERHE) has rights to participate in exploration and production activities in São Tomé & Principe’s Exclusive Economic Zone (EEZ). The EEZ describes territorial waters of São Tomé that encompasses an area of approximately 160,000 square km. It is measured from claimed archipelagic baselines — territorial sea: 12 nautical miles, exclusive economic zone: 200 nautical miles. It is the largest in the Gulf of Guinea.   We sat down for a discussion with ERHC Chief Operating Officer Peter Ntephe to discuss that status of activities related to the EEZ.     ERHC’s rights in the EEZ include the following: The right to receive 100 percent interest in up to two blocks of ERHC’s choice; andThe option to acquire up to a 15 percent paid working interest in another two blocks of ERHC’s choice. ERHC would be responsible for its proportionate share of …


ERHC Energy Chief Operating Officer Discusses Nigeria-São Tomé & Príncipe Joint Development Zone

ERHC Energy (OTCBB:ERHC) has oil and gas interests in six of the nine Blocks in the offshore Nigeria São Tomé & Príncipe Joint Development Zone (JDZ) and realizing the value of these interests remains the Company’s primary focus. A comprehensive drilling campaign is currently underway in JDZ Blocks 2, 3 and 4. Most recently ERHC's technical partner, Addax Petroleum, has been drilling the Malanza 1X well in JDZ Block 4. Earlier, Addax drilled the Kina well in JDZ Block 4 and the Lemba 1X well in JDZ Block 3. ERHC's other technical partner, Sinopec, drilled the Bomu-1 well in JDZ Block 2.  A comprehensive analysis that incorporates the drilling results into relevant geologic and fluid models is currently being carried out. The information from these wells is helping the exploration team understand the geology and hydrocarbon potential of the various …


Update from Chief Operating Officer of ERHC Energy Inc.

To ERHC Shareholders:   I am pleased to provide a brief update regarding the company’s recent progress.   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 …


February 2009 Update to Shareholders from COO Peter Ntephe

To ERHC Shareholders: Greetings from Abuja, Nigeria, where I am part of the team representing ERHC Energy at the 9th Nigeria Oil & Gas Exhibition and Conference (NOG9). I am pleased to update the ERHC Energy family once again on the company's recent progress. This is the second year that ERHC has been the registration sponsor of NOG, which provides great visibility among the thousands who represent oil and gas companies from around the world. We are taking this opportunity to share ERHC's story, examine potential business opportunities and forge relationships. I am writing while on the road because ERHC Energy today is reporting the findings of an independent assessment of the Company's unrisked and risked prospective resources in three of the six Joint Development Zone (JDZ) Blocks in which we have interests. The report was prepared by independent engineering …