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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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Post by bazilfawltyon Dec 26, 2014 12:58pm
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Post# 23265724

ERHC News

ERHC News Google translation...


of that AEI article from French from a Chadian publication.


A Deloitte advisor to bail ERHC Energy. Weakened by falling oil prices, ERHC Energy seeks to restructure by all means. The lights flash in ERHC Energy Inc. Headquartered in Houston, the company headed by Peter Ntephe is active in exploration in Chad and Kenya, but does not release yet of income. She needs new money and just retain Deloitte Corporate Finance LLC services to advise on securing new strategic investments. According to information obtained by AEI is Thomas Sloop responsible within the Deloitte division Oil & Gas Investment Banking, which was responsible for the contract. ERHC is not just the cash lookout; the company is actually open to any proposal for formation of joint ventures, alliances or outright or partial sale of its African assets to optimize its financial situation. ERHC has 100% of BDS 2008 block in southern Chad, and 35% of the block 11A in the north-western Kenya. The US company also has interests in the Joint Development Zone wide at Nigeria and Sao Tome and Principe, as well as two blocks in the exclusive economic zone of São Tomé. Before joining Deloitte, Corporate finance, Thomas Sloop worked for the mergers and acquisition activity midstream Pace Global Energy, a subsidiary of Siemens. He started his career in the investment bank Morgan Stanley & Co. Prior to chain Barclay Capital & UBS Securities.

https://www.letchadanthropus-tribune.com/article-5635-976.html


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