Update from ERHC''s Interim CEO, Nicolae Luca
To ERHC Shareholders: I am pleased once again to provide the September 2007 update on the recent progress of ERHC Energy Inc. If you were not able to participate in our recent conference call, I hope you had an opportunity to listen to a replay. Corporate Secretary Peter Ntephe did an admirable job of briefly summarizing ERHC’s financial position and its ongoing operations. It was also enlightening to hear from shareholders about their interests and concerns. As Mr. Ntephe described, we intend to offer similar opportunities for investors to ask questions in the future. We are pleased to report the resolution of our negotiations with Godsonic Oil Company Limited regarding its interest in Joint Development Zone Block 4. As stated in our latest quarterly disclosure, we took action on behalf of our consortium to reclaim Godsonic’s 9.0 percent share of …