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Erin Energy Corp ERINQ

Erin Energy Corporation is an independent oil and gas exploration and production company. The Company is focused on energy resources in Africa. It is focused on exploration for and production of hydrocarbons where commercial reserves have been found and developed. As of December 31, 2016, the Company's asset portfolio consisted of seven licenses across four countries covering an area of approximately five million acres (approximately 19,000 square kilometers). The Company's geographical segments include Nigeria, Kenya, The Gambia and Ghana. The Company owns producing properties and conducts exploration activities offshore Nigeria, conducts exploration activities offshore Ghana and The Gambia, and onshore Kenya. The Company has 100% interest in Oil Mining Leases 120 and 121; four Production Sharing Contracts in the Lamu Basin of Kenya; two exploration licenses offshore The Gambia, and interest in Expanded Shallow Water Tano (ESWT) block offshore Ghana.


GREY:ERINQ - Post by User

Bullboard Posts
Comment by Vanboarderon May 05, 2014 11:41pm
138 Views
Post# 22527326

RE:RE:Energy Searcher has arrived!!!

RE:RE:Energy Searcher has arrived!!!Yes, going to be interesting to see how things go. Hopefully they're able to ramp up production as planned without any major problems. Fingers crossed!!! I never actually thought about MMT partnering with CAK but it makes some sense as they could get into some offshore production where there's less risk of bunkering as you said. Any idea what percentage CAK wants to farm out and at what cost?
Bullboard Posts