(Dan Keeney): Good morning and thank you for joining us for the ERHC 2011 Year-end 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, those relating to the Company’s ability to exploit its commercial …
To ERHC Shareholders: I am pleased to update the investment community and other interested parties on ERHC Energy Inc. Republic of Chad Earlier this summer, ERHC signed a Production Sharing Contract (PSC) with the Government of Chad for three oil and gas Blocks: 100 percent of the BDS 2008 and Manga Blocks and 50 percent, of the Chari-Ouest 3 Block. Both BDS 2008 and Chari-Ouest 3 are situated adjacent to the prolific Doba Basin oil fields which had an average daily production of over 122,500 barrels of crude oil in 2010. The Manga Block is north of the Lake Chad basin. Quite some excitement was generated in the industry when we received, as we described in August, the formal Decree of Approval issued by the President of Chad, His Excellency President Idriss Deby Itno. The timely issuance of the …
(Dan Keeney)Good morning, and thank you for joining us for the ERHC Third Quarter 2011 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, those relating to the Company’s ability to exploit its commercial …
On Wednesday, July 6, 2011, ERHC CEO Peter Ntephe met virtually with shareholders and others interested in ERHC Energy for a live chat. Below is a transcript of the exchange that took place. The chat followed the announcement that ERHC signed a production sharing contract (PSC) on the three oil blocks formally awarded to the company last week by the Republic of Chad.
On July 1, 2011 Oil & Gas 360 published the report, "ERHC Energy Makes Leap Onshore Africa; Announcement Closely Follows Official Extension of Phase 1 Exploration in the Joint Development Zone." We are posting the report below with permission. ERHC Energy Inc. (OTCBB: ERHE) announced the company was awarded three oil blocks for exploration and development from the Republic of Chad. A production sharing contact (PSC) is expected as early as next week. The specific blocks in the award are Block BDS 2008, Manga and Chari-Ouest Block 3. The West African nation of Chad is one of sub-Saharan Africa's significant crude oil producers. ERHC reported Chad has proven oil reserves of 1.5 billion barrels with studies establishing the prospect of more discoveries. Click here for the news release. OAG360 Comments We view this as …
Untitled Document To ERHC Shareholders: As expected, the Joint Development Authority (JDA) has approved an extension of Exploration Phase 1 in Joint Development Zone (JDZ) Blocks 3 and 4 until March 14, 2012. As is the case with a similar extension approved for JDZ Block 2 last month, this JDA action is subject to final approval by the Nigeria-São Tomé & Príncipe Joint Ministerial Council. Given our recent change in valuation, it would appear that some of our investors may have misinterpreted the meaning and significance of the extensions. The extensions represent a commitment to comprehensive analysis of the findings so far in the first phase of exploration with a view to enhancing the decision-making on the exploration program. This extension continues the remarkable progress that has been made on the exploration program for our JDZ …
On Thursday, June 16, 2011 ERHC Energy Inc. Vice President Corporate Development David Bovell was a featured presenter at EnerCom's London Oil & Gas Conference. The presentation and accompanying slides are available for replay by clicking the button below: ERHC was among a mix of E&P, Oil Service companies and energy research analysts who provided valued insight into the challenges and opportunities in the global oil & gas industry. Through its participation in the London Oil & Gas Conference 2011, ERHC was able to deliver its story and describe its business strategy and growth potential to institutional investors, research analysts and investment professionals. 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 …
(Dan Keeney) Good morning, and thank you for joining us for the ERHC Second Quarter 2011 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, those relating to the Company’s ability to exploit …
During his recent participation in the Nigerian Oil and Gas Conference in Abuja, Nigeria, ERHC Energy Inc. CEO Peter Ntephe spoke with Charles Okonji, Assistant Editor at Nigerian Compass Newspaper. The following article was published online. ‘We are strategically positioned for next bidding round in Nigeria’ Monday, 28 March 2011 00:00 Charles Okonji The President and Chief Executive Officer of ERHC Inc, a publicly traded American company with valuable oil and gas assets in the Gulf of Guinea, Mr. Peter Ntephe, told journalists, during the recent Nigerian Oil and Gas (NOG) Conference in Abuja about local content and commitment of his company to acquisition of more assets in the upstream sub-sector in the Gulf of Guinea, among other issues. CHARLES OKONJI, was there. Last year, you said that your company was looking forward to being quoted at the …
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) ERHC continues to prepare for the commencement of negotiations of Production Sharing Contracts for the Company’s 100 percent working interests of EEZ Blocks 4 and 11. For those not familiar with the EEZ, I recommend visiting the ERHC website for a complete overview. The São Tomé and Príncipe EEZ is a massive area that encompasses approximately 160,000 square km. It is a frontier region that sits south of the Niger Delta, and west of the Gabon salt basin, retaining similarities with each of those prolific hydrocarbon regions. São Tomé and Príncipe are islands in a north-east to south-west trending chain of islands extending offshore from Cameroon into the …