ERHC Energy Seeks Listing on AIM Market of the London Stock Exchange
HOUSTON, January 20, 2010 – ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in the highly prospective Gulf of Guinea off the coast of West Africa, today announced that it has commenced the process of seeking a listing on the AIM Market of the London Stock Exchange.
ERHC has appointed Strand Hanson Limited to act as its Nominated Adviser (Nomad) in connection with its proposed AIM listing. Strand Hanson has been engaged to manage ERHC’s flotation process and, after flotation, to act as Nomad and financial advisor to ERHC on compliance with AIM Rules, general corporate governance and broader corporate strategy relating to equity capital markets and mergers and acquisitions.
Consistently ranked as a leading adviser to the FTSE AIM 100, Strand Hanson has acted on a significant number and range of transactions. In the past five years, it has been involved in numerous primary and secondary fund raisings and advised on M&A transactions with an aggregate transaction value of circa £4.85 billion.
AIM is among the world’s leading markets for growing companies. Since its launch in 1995, over 3,000 companies have joined AIM, collectively raising more than $90 billion.
About Strand Hanson
Founded in 1993, Strand Hanson has a strong track record in providing independent, high quality advice to public and private corporate clients, private equity houses and qualified investors across a broad range of sectors. Strand Hanson’s diverse client base is drawn from a broad range of sectors and geographies – with a particular emphasis on natural resources. Strand Hanson is the No. 1 rated oil and gas adviser on AIM, as well as being a leading adviser in the mining, metals and green sectors. Strand Hanson sees great potential for significant corporate finance advisory roles in Africa, reflecting the increasing prominence of the regions in global capital markets. Further information about Stand Hanson can be found on their website at: http://www.strandhanson.co.uk/.
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 fields. ERHC is committed to creating and delivering significant value for its shareholders, investors and employees, and to sustainable and profitable growth through risk balanced smart exploration, cost efficient development and high margin production. For more information, visit www.erhc.com.