1 Articles Found

ERHC Energy Chief Operating Officer Explains Interest in Marginal Field Opportunities

On Tuesday, November 24, 2009, ERHC Energy announced that it was pursuing certain investment opportunities in the Nigeria oil and gas industry. Among the potential investments being considered is the Eremor Marginal Field located in shallow water offshore Nigeria. The discovery well, Eremor-1, encountered three oil and gas zones, the most prominent of which is the D-03 reservoir with 43 feet of net oil sand. It was re-entered for testing in 2005 with the D-03 reservoir testing 2,200 barrels per day of oil with API gravity of 22, a low gas to oil ratio and no water. Excel was awarded a 100% interest and operatorship of Eremor in 2003.   We sat down with ERHC Chief Operating Officer Peter Ntephe to discuss the Company's potential interest in this and other marginal fields.       About ERHC EnergyERHC Energy Inc. is a …