ERHC Energy Inc ERHE

Energy Oil & Gas E&P

ERHC Energy Inc. is an oil and gas company. The Company is in the business of exploration for oil and gas in Africa. The Company's business includes working interests in exploration acreage in the Republic of Kenya (Kenya), the Republic of Chad (Chad), the Joint Development Zone (JDZ) between the Democratic Republic of Sao Tome and Principe (STP), the Federal Republic of Nigeria (FRN or Nigeria), and the exclusive economic zone of Sao Tome and Principe (the Exclusive Economic Zone (EEZ)). The Company has a Production Sharing Contract (PSC) on Block 11A with the Government of Kenya. As of September 30, 2016, the Block 11A consisted of 11,950.06 square kilometers or 2.95 million square acres. As of September 30, 2016, the Company had a PSC on the three oil blocks with the Government of Chad. As of September 30, 2016, the Company had 100% interest in the Block BDS 2008 in Chad. As of September 30, 2016, the Block BDS 2008 measured 41,800 square kilometers or 10,329,000 acres.

GREY:ERHE - Post by User

ERHC Energy Inc

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Comment by bazilfawltyon Feb 09, 2014 3:36pm

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Post# 22189328

RE:RE:ERHC and CEPSA (UAE) united arab emerites

Getting closer to the truth all the time

kingpindg	Saturday, 02/08/14 11:59:01 PM
Re: None
Post # of 285191

One step closer to approval...?

Assuming this Kenyan financial blogger knew what he/she was talking about last Sunday, and judging by the share price action this week, I take it being "excluded" is a good thing. In any event it appears to be more confirmation that CEPSA is the partner to be.

Quote:

Oil
- Kenya’s competition authority has excluded the acquisition of a 55% participating interest in Block 11A from ERHC Energy by CEPSA Kenya
- Kenya’s competition authority has excluded the acquisition of a 55% interest in Block 2B in Kenya from Lion Petroleum by Premier Oil

https://www.bankelele.co.ke/2014/02/kenyan-m.html

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