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.

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ERHC Energy Inc

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Post by EastAfricaGuyon Aug 24, 2016 6:37pm

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Tarach-1 well in Kenya’s Block 11A cost CEPSA ERHC over $25M

The Tarach-1 well which commenced drilling on April 14^th 2016 in Block 11B could have cost the two joint venture partners over $25 million going by exploration and drilling expenses filed by ERHC to the United States Securities And Exchange Commission https://www.oilnewskenya.com/tarach-1-well-in-kenyas-block-11a-cost-cepsa-erhc-over-25m/

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