Presentation at Nigeria Oil & Gas '10 by ERHC COO Peter Ntephe
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An online replay of ERHC's Year-End Conference Call is available at: https://www.livemeeting.com/cc/erhcenergy/view Recording ID: 4T4SBK NO "Recording Key" is required Also, investors and other interested parties can access the replay via phone by dialing 800-642-1687 (domestic) or 706-645-9291 (international) and reference the pass code 45263070. (Dan Keeney)Good morning, and thank you for joining us for the ERHC Year-End 2009 Conference Call. Statements during this meeting 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, response to the Senate Subcommittee investigation, developments in the SEC investigation of the Company 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 …
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 (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 …
To ERHC Shareholders: I am happy to report that drilling is progressing on schedule in the Joint Development Zone (JDZ) Blocks in which ERHC has interests. Addax Petroleum Corporation (“Addax”), the operator of JDZ Blocks 3 and 4, has finished drilling a well at the Kina Prospect in Block 4 in which ERHC has a 19.5 percent interest. Based on the early analysis done to date, the well encountered hydrocarbons, but a detailed evaluation of information from the well has only just commenced so it is far too early for any conclusions to be drawn on the extent and quality of the hydrocarbon system encountered. A comprehensive analysis that incorporates the drilling results into relevant geologic and fluid models will now be carried out. Following the initial drilling operation in Block 4, the Deepwater Pathfinder has moved to the Lemba …
A replay of the call will be available from Wednesday, August 12, 2009 at 10:00 a.m. Eastern Time through August 19, 2009 by dialing 800-642-1687 (domestic) or 706-645-9291 (international) and reference the pass code 22567813. In addition, a replay of the Webcast is available by clicking the button below. Click to hear online replay Mr. Peter Ntephe, Chief Operating Officer of ERHC Energy: Good morning! I appreciate you taking time out of your busy day for this update on ERHC’s operations and the Company’s financial position. With me on the call are: Dan Gralla, ERHC’s vice president in charge of technical matters. David Bovell, ERHC’s vice president in charge of corporate development. Sylvan Odobulu, ERHC’s controller in charge of financial matters. And Deon Warner of Warner & Associates, ERHC’s corporate counsel. To begin, ERHC is now days away …
ERHC Energy vice president corporate development David Bovell presented on October 27, 2008 at the 2008 Global Investment Symposium at the Burj Al Arab Hotel in Dubai.
In an article published in the Wall Street publication, MergerMarket, ERHC CEO Peter Ntephe said the Company is actively looking for acquisitions to push its expansion plans.