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 …
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 …
The March 2011 issue of E&P magazine features the story of ERHC Energy Inc.'s history under the headline, "Survival of the Fittest." The story describes how ERHC secured its historic preferential rights in the deepwater Gulf of Guinea, survived the various challenges that arose and discusses the Company's current efforts to diversify its portfolio of assets and embark upon exploration in the Sao Tome & Principe Exclusive Economic Zone. ERHC CEO Peter Ntephe sat down with Senior Editor Rhonda Duey to frankly discuss the obstacles that ERHC has encountered and explain how the Company has been a driving force in advancing oil and gas exploration in the Nigeria - Sao Tome & Principe Joint Development Zone. The article is not yet available online, but we have posted a scan of the article at http://erhc.com/harts/. E&P magazine is the world's …
To ERHC Shareholders: I am pleased to update the ERHC Energy family on the company’s recent progress. São Tomé and Príncipe Exclusive Economic Zone (EEZ) I have recently returned to the office after being part of the ERHC management delegation that traveled to São Tomé & Príncipe. The Company participated as a Gold Sponsor in the 14th UNCTAD Africa Oil, Gas and Minerals Conference, which was held between November 21st and 24th on the island of São Tomé. While there, we had numerous meetings with government officials as well as with representatives of oil and gas exploration companies. We also witnessed significant progress toward offshore exploration in the São Tomé & Príncipe Exclusive Economic Zone (EEZ). The National Petroleum Agency of São Tomé & Príncipe (ANP-STP) announced the names of the companies that submitted bids for …
This week, ERHC Energy Inc. is participating in the 14th UNCTAD Africa Oil, Gas & Minerals Trade & Finance Conference in Sao Tome. ERHC is a Gold Sponsor of the conference and the Company's President and CEO, Peter Ntephe, presented, "Oil and Gas Value Creation and Retention in Africa," which closely aligned with the theme of the conference, "Natural Resource Development: Value Creation and Retention." ERHC Energy Inc. Presentation: Oil and Gas Value Creation and Retention in Africa View more presentations from Dan Keeney. This annual conference and exhibition is jointly organized by the United Nations Conference on Trade and Development (UNCTAD) and the Government of São Tomé and Príncipe, in cooperation with Cubic Globe Ltd. It runs through November 25th. São Tomé and Príncipe is a developing country, whose economy is currently based on coffee, cocoa, small-scale agriculture and fishing. The Gulf …
On October 28, 2010, EnerCom's Oil & Gas 360® published the following interview with ERHC Energy Inc. Chief Executive Officer Peter Ntephe. ERHC is an American oil and gas investment company with an emphasis on West Africa. Currently, ERHC has substantial exploration-stage assets in the deepwater Gulf of Guinea. The company has working interests in six of the nine Blocks in its Joint Development Zone (JDZ). Its technical partners, Sinopec Corp. and Addax Petroleum (a wholly owned subsidiary of Sinopec Corp.), operate three of those blocks. In addition, the company's portfolio also includes two Blocks of the Sao Tome & Principe Exclusive Economic Zone (EEZ). During the interview, Peter provides his view on the exploration potential that exists in West Africa and what the future for development is in the area. Further, he discusses the company's exploration and acquisition …
To ERHC Shareholders: I am pleased to update the ERHC Energy family on the company’s recent progress. Listing on the AIM Market ERHC’s Board of Directors has approved the procedure for application to list ERHC on the AIM market of the London Stock Exchange. The Company is proceeding to apply for the listing of ERHC Energy Inc. on AIM rather than listing a subsidiary and offering existing shareholders the option to exchange their shares for that subsidiary’s shares. The Company’s management and its advisers determined, after a re-evaluation of the options, that applying to list the parent ERHC Energy Inc. (rather than a newly formed subsidiary) would be the most expeditious and cost-effective route to a listing. The subsidiary listing and exchange offer option, which was described at the last Annual General Meeting, would have enabled …
To ERHC Shareholders: I am pleased to update the ERHC Energy family on the company’s recent progress. Joint Development Zone With ERHC’s assent, support and participation, the operators of Joint Development Zone (JDZ) Blocks 2, 3 and 4 are currently negotiating the terms for entry into Exploration Phase II with the Joint Development Authority (JDA). ERHC has 22 percent interest of JDZ Block 2, 10 percent interest of JDZ Block 3 and 19.5 percent interest of JDZ Block 4. The contracting parties’ commitments on Exploration Phase I of JDZ Blocks 2, 3 and 4 were successfully met with the drilling of five wells in the three blocks between August 2009 and January this year. Natural gas was discovered in at least three wells (you can review more information about each of the Blocks at www.erhc.com/jdz). The …
To ERHC Shareholders: I am happy to update the ERHC Energy family on the company’s recent progress. Annual Shareholders' Meeting I want to express our sincere thanks to the ERHC Energy shareholders who devoted the time and, in some cases, incurred considerable travel expenses, to participate in the Annual Shareholders’ Meeting in April. Thanks also to all those who voted. Shareholders elected the slate of five directors and ratified MaloneBailey LLP as the Company’s independent accountants for the 2010 fiscal year. We are especially pleased to welcome new directors Les Blair and Friday Oviawe to the ERHC Board of Directors. Mr. Blair was previously with Addax Petroleum and has more than 35 years of upstream oil and gas industry experience. For the past 12 years, he helped to guide Addax Petroleum’s activities in West Africa and Asia. He played …