745

Likes	Subject	Older
	2-7-23 8-K		Opus X	02/07/23 10:27 PM
2	Under alias of krombacher, erhe's largest shareholder stated		ssc	11/29/22 3:30 PM
1	BEWARE...Pathological Liar Guerguerian Dickran's spreading misinformation nonse		Homebrew	11/12/22 5:14 PM
	Yes, 149,900%, LOL. That might be a new record.		YankeMike	09/21/21 1:18 PM
	Strange to see risk/reward is now a talking		ssc	24 minutes ago
	If Erhe didn’t have a valid case against		lovemelongtime	10:28 AM
	Whooper bullshit		nwtf	06/03/23 11:17 PM
	Well, I don't know if this squeeze happens		Krombacher	06/03/23 6:54 PM
1	LMAO. Just proves the scumbag on Facebook was		lovemelongtime	06/03/23 2:28 PM
	Well you’re going to have to leave out		lovemelongtime	06/03/23 2:25 PM
	Finally acknowledgement that revocation is on the way		Fernando Rica	06/03/23 2:21 PM
	ERHC shorters: All Aboard please....		Fernando Rica	06/03/23 2:12 PM
	ERHE LOLLOLOL:		Fernando Rica	06/03/23 2:07 PM
1	Lots of big talk. I'll let erhe		ssc	06/03/23 1:59 PM
	Nice recap:		Fernando Rica	06/03/23 1:59 PM
	Can I summerize your post as:		Fernando Rica	06/03/23 1:46 PM
1	Well won't it be interesting to see erhe		ssc	06/03/23 1:36 PM
	Let the party begin and with blood flowing		farml1234	06/03/23 12:41 PM
	screw the shorters of ERHE		farml1234	06/03/23 11:55 AM
1	Anyone shorting the 5 stocks on that list		Krombacher	06/03/23 11:51 AM
1	is it getting time for the shorters to		Fernando Rica	06/03/23 11:41 AM
1	Like dominoes , the rest of the bullshit		lovemelongtime	06/03/23 11:31 AM
	Like I said, not the SEC, Kingpin, but		Fernando Rica	06/03/23 11:31 AM
	Stocks in exhibit A in addition to ERHE		Krombacher	06/03/23 11:27 AM
	Looks like the scumbag bull shit artist on		lovemelongtime	06/03/23 11:26 AM
	Meh,		Krombacher	06/03/23 11:25 AM
	Yeah, we saw what was happening over at		Krombacher	06/03/23 11:24 AM
	Except for the fact that the dismissal had		kingpindg	06/03/23 11:22 AM
3	I just got a call from Sir Emeka Offor...		Fernando Rica	06/03/23 11:19 AM
2	The SEC Division knew very well they hardly		Fernando Rica	06/03/23 10:45 AM
	ERHC = LMAO		Fernando Rica	06/03/23 10:43 AM
	Yes, we know my friend...		Fernando Rica	06/03/23 10:42 AM
1	We break up the monotony to bring you		kingpindg	06/03/23 10:26 AM
	All this information you claim to receive from		ssc	06/03/23 9:23 AM
	ssc, And of course there is the ongoing		Fernando Rica	06/03/23 6:30 AM
	Over on Facebook there is a big time		Fernando Rica	06/03/23 5:28 AM
	My ERHC friend,		Fernando Rica	06/03/23 4:47 AM
	Yawn This must be coming from being a bag holder.		nwtf	06/02/23 11:51 PM
	Answered that question several times. Sorry if		ssc	06/02/23 5:35 PM
	I love management, and I love the ERHC shorters.		Fernando Rica	06/02/23 4:54 PM
	https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172041954		Fernando Rica	06/02/23 4:53 PM
	Oh just stop.		nwtf	06/02/23 3:36 PM
	LOL More bull shit		nwtf	06/02/23 3:35 PM
	New and improved proof of what		nwtf	06/02/23 3:34 PM
	Bullshit. Only ones stuck are bag holders who		nwtf	06/02/23 3:32 PM
	There are no shorters. Why do you continue		nwtf	06/02/23 3:31 PM
	Small group of investors owns 2 billion and		ssc	06/02/23 11:50 AM
	more bull shit		farml1234	06/02/23 11:05 AM
	Can you elaborate on your ERHC investing strategy?		Fernando Rica	06/02/23 10:31 AM
	Aha, so in that case the ERHC shorters		Fernando Rica	06/02/23 10:24 AM
	FYI...Shorting's prohibited on grey-expert market where ERHE resides.		Homebrew	06/02/23 10:13 AM
	Warren just called regarding the new and improved		Fernando Rica	06/02/23 8:50 AM
	naked shorts out of Canada	Bullish	farml1234	06/02/23 8:31 AM
3	Entire series of baseless claims about erhe short		ssc	06/02/23 7:46 AM
Likes	Subject	Older

Older

Opus X

02/07/23 10:27 PM

2-7-23 8-K

ssc

11/29/22 3:30 PM

Under alias of krombacher, erhe's largest shareholder stated

Homebrew

11/12/22 5:14 PM

BEWARE...Pathological Liar Guerguerian Dickran's spreading misinformation nonse

YankeMike

09/21/21 1:18 PM

Yes, 149,900%, LOL. That might be a new record.

ssc

24 minutes ago

Strange to see risk/reward is now a talking

lovemelongtime

10:28 AM

If Erhe didn’t have a valid case against

nwtf

06/03/23 11:17 PM

Whooper bullshit

Krombacher

06/03/23 6:54 PM

Well, I don't know if this squeeze happens

lovemelongtime

06/03/23 2:28 PM

LMAO. Just proves the scumbag on Facebook was

lovemelongtime

06/03/23 2:25 PM

Well you’re going to have to leave out

Fernando Rica

06/03/23 2:21 PM

Finally acknowledgement that revocation is on the way

Fernando Rica

06/03/23 2:12 PM

ERHC shorters: All Aboard please....

Fernando Rica

06/03/23 2:07 PM

ERHE LOLLOLOL:

ssc

06/03/23 1:59 PM

Lots of big talk. I'll let erhe

Fernando Rica

06/03/23 1:59 PM

Nice recap:

Fernando Rica

06/03/23 1:46 PM

Can I summerize your post as:

ssc

06/03/23 1:36 PM

Well won't it be interesting to see erhe

farml1234

06/03/23 12:41 PM

Let the party begin and with blood flowing

farml1234

06/03/23 11:55 AM

screw the shorters of ERHE

Krombacher

06/03/23 11:51 AM

Anyone shorting the 5 stocks on that list

Fernando Rica

06/03/23 11:41 AM

is it getting time for the shorters to

lovemelongtime

06/03/23 11:31 AM

Like dominoes , the rest of the bullshit

Fernando Rica

06/03/23 11:31 AM

Like I said, not the SEC, Kingpin, but

Krombacher

06/03/23 11:27 AM

Stocks in exhibit A in addition to ERHE

lovemelongtime

06/03/23 11:26 AM

Looks like the scumbag bull shit artist on

Krombacher

06/03/23 11:25 AM

Meh,

Krombacher

06/03/23 11:24 AM

Yeah, we saw what was happening over at

kingpindg

06/03/23 11:22 AM

Except for the fact that the dismissal had

Fernando Rica

06/03/23 11:19 AM

I just got a call from Sir Emeka Offor...

Fernando Rica

06/03/23 10:45 AM

The SEC Division knew very well they hardly

Fernando Rica

06/03/23 10:43 AM

ERHC = LMAO

Fernando Rica

06/03/23 10:42 AM

Yes, we know my friend...

kingpindg

06/03/23 10:26 AM

We break up the monotony to bring you

ssc

06/03/23 9:23 AM

All this information you claim to receive from

Fernando Rica

06/03/23 6:30 AM

ssc, And of course there is the ongoing

Fernando Rica

06/03/23 5:28 AM

Over on Facebook there is a big time

Fernando Rica

06/03/23 4:47 AM

My ERHC friend,

nwtf

06/02/23 11:51 PM

Yawn This must be coming from being a bag holder.

ssc

06/02/23 5:35 PM

Answered that question several times. Sorry if

Fernando Rica

06/02/23 4:54 PM

I love management, and I love the ERHC shorters.

Fernando Rica

06/02/23 4:53 PM

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172041954

nwtf

06/02/23 3:36 PM

Oh just stop.

nwtf

06/02/23 3:35 PM

LOL More bull shit

nwtf

06/02/23 3:34 PM

New and improved proof of what

nwtf

06/02/23 3:32 PM

Bullshit. Only ones stuck are bag holders who

nwtf

06/02/23 3:31 PM

There are no shorters. Why do you continue

ssc

06/02/23 11:50 AM

Small group of investors owns 2 billion and

farml1234

06/02/23 11:05 AM

more bull shit

Fernando Rica

06/02/23 10:31 AM

Can you elaborate on your ERHC investing strategy?

Fernando Rica

06/02/23 10:24 AM

Aha, so in that case the ERHC shorters

Homebrew

06/02/23 10:13 AM

FYI...Shorting's prohibited on grey-expert market where ERHE resides.

Fernando Rica

06/02/23 8:50 AM

Warren just called regarding the new and improved

farml1234

06/02/23 8:31 AM

naked shorts out of Canada

ssc

06/02/23 7:46 AM

Entire series of baseless claims about erhe short

Older

ERHC Energy Inc (ERHE)

Followers	745	Posters	2106
Posts (Today)	3	Posts (Total)	356198
Created	08/07/03	Type	Free
Moderators Tamtam Opus X ssc Homebrew

http://www.erhc.com/

ERHC (stock symbol erhe) has been assigned CAVEAT EMPTOR status (Buyer Beware) and most brokers in the U.S. will not allow customers to buy it. It has skull and crossbones designation by OTC Markets, trades on the grey market, and the SEC is seeking to revoke its shares because it has not filed the required financial reports for 5 years.

According to SEC records, insiders and management have not purchased any shares since a 1:100 reverse split wiped them out years ago. There is only one 5% or more shareholder. He/she is a private investor named guerguerian dickran who owns close to 400 million shares and is responsble for dozens of false rumors, baseless bullish predictions and out right lies.

The note below about erhc being "forced to refrain from filing certain information" does not change or excuse the fact that the company has not filed financials for close to 5 years and is a prime example of the baseless stories dickran creates and promotes. No financials and no information provided to shareholders are the reasons erhe is on the grey market. There is no proof that erhc was ever or is now being prevented from filing financials by the litigation that was filed and has since been resolved in Harris County. This is just one of many baseless claims created by dickran and they run the gamut from billion(s) of naked erhe short shares, erhc management conspiring to manipulate the share price, erhc being exempt from SEC filings because of some "new erhe paradigm", epic short squeezes on the way, dollars/share in a few short weeks, erhc paying dividends, buyout deal already done and even false assertions about libel suits and cease and desist orders and letters.

See the sticky posts about guerguerian dickran and Buyer Beware!

NOTE! ERHC Energy was forced to refrain from filing certain information with the SEC due to a Harris County judge's order through no fault of ERHC Energy and so ERHC found itself on the Gray Market as a result. Now that ERHC has attained several victories in its litigation to reassert its rights in the EEZ, the company's future looks much brighter. For a full due diligence of ERHC's litigation, please read this 400+ page legal document located here:

https://search.txcourts.gov/SearchMedia.aspx?MediaVersionID=528ce4db-8d5c-4bd0-a106-e8ae32ef7211&coa=coa14&DT=Brief&MediaID=1e7a9141-7fe1-44e4-bb39-243400946754

ERHC Energy Inc. is a Houston-based independent oil and gas company focused on exploration of its working interests in the Gulf of Guinea, off the coast of central West Africa. We are proud of our heritage of visionary leadership that was responsible for ERHC being among the first to identify the possibility of significant oil reserves in what was once an undeveloped oil region of the world. We continue to build upon that heritage by continuing to be willing to take chances and having the commitment to do the hard work necessary to realize the value of our assets.

Today, ERHC has interests in Blocks 2, 3, 4, 5, 6, and 9 in the offshore Joint Development Zone (JDZ) of Nigeria and the island nation of Sao Tome and Principe. The National Petroleum Agency of São Tomé & Príncipe (ANP-STP) on behalf of the Government of São Tomé and Principe has awarded ERHC Energy 100 percent working interests in Block 4 of the São Tomé & Príncipe Exclusive Economic Zone (EEZ). In addition to the two Blocks already awarded, ERHC has rights to acquire up to a 15 percent paid working interest in two additional blocks of its choice in the EEZ.

Who We Are

ERHC Energy is a visionary oil and gas company that sees opportunities before others and relishes the challenge of realizing the value of the hard work of our leadership and staff.

ERHC Energy is currently focused on exploiting its assets -- rights to working interests in oil and gas reserves in the Gulf of Guinea offshore central West Africa. ERHC's rights in the Joint Development Zone include:

JDZ Block 2: 22.0%
JDZ Block 3: 10.0%
JDZ Block 4: 19.5%
JDZ Block 5: 15.0%
JDZ Block 6: 15.0%
JDZ Block 9: 20.0%

During the past two years, ERHC has formed strong alliances with Addax Petroleum and Sinopec Corp., both of which are experienced exploration and production companies. In August 2009, Addax and Sinopec began a coordinated exploratory drilling campaign encompassing JDZ Blocks 2, 3 and 4. A total of five wells were being drilled during the intitiative.

The National Petroleum Agency of São Tomé & Príncipe (ANP-STP) on behalf of the Government of São Tomé and Principe has awarded ERHC Energy 100 percent working interests in Blocks 4 of the São Tomé & Príncipe Exclusive Economic Zone (EEZ).

The ANP-STP has indicated that it expects to invite ERHC to negotiate Production Sharing Contracts (PSCs) on the two Blocks in due course.

In addition to the Block already awarded, ERHC has rights to acquire up to a 15 percent paid working interest in two additional blocks of its choice in the EEZ. The ANP-STP has informed the Company that selection of these other blocks will take place at a later date to be determined.

ERHC will be responsible for its proportionate share of exploration and exploitation costs in the EEZ block.

The São Tomé & Príncipe EEZ encompasses an area of approximately 160,000 square kilometers south and east of the Nigeria/São Tomé & Príncipe Joint Development Zone and surrounding the volcanic islands of Príncipe and São Tomé. Block 4 is situated directly east of the island of Principe.

Ocean water depths around the two islands exceed 5,000 feet, depths that have only become feasible for oil production over the past few years; however, oil and gas are produced in the neighboring countries of Nigeria, Equatorial Guinea, Gabon and Congo.

The African coast is less than 400 nautical miles offshore, which means the exclusive economic zones of the concerned countries overlap.

ERHC is also working to diversify its holdings and build upon its assets in the Gulf of Guinea through a carefully executed acquisition strategy aimed at viable revenue producing properties.

Operations in the Joint Development Zone including estimates of oil resources

In early 2008, Addax Petroleum, an experienced exploration and production company that has participation agreements with ERHC in JDZ Blocks 2, 3 and 4, and is the operator of JDZ Block 4 publicly disclosed seismic images and maps showcasing the prospectivity of its JDZ interests. Addax has authorized ERHC Energy to feature some of the JDZ-related images to better inform the investor community. The Addax Petroleum Capital Markets Day presentation was made public on January 29, 2008 and is available for download.

In 2009, the independent engineering firm, Netherland, Sewell & Associates, Inc. (NSAI) released a Resources Assessment for ERHC that examined unrisked and risked prospective resources for JDZ Blocks 2, 3 and 4. The NSAI report estimated ERHC's unrisked prospective resources in those JDZ Blocks totaled more than 336 million barrels of oil and 372 billion cubic feet of natural gas (P50). The NSAI report estimated ERHC risked prospective resources in JDZ Blocks 2, 3 and 4 totaled 135.5 million barrels of oil and 144 billion cubic feet of natural gas (P50).

Operations in JDZ Block 2

ERHC's consortium partner Sinopec Corp. is the operator in JDZ Block 2. In August 2009, Sinopec commenced exploratory drilling of the Bomu-1 well, which was completed in early October 2009. The NSAI report estimated ERHC's unrisked prospective resources in JDZ Block 2 totaled 77 million barrels of oil and 93.9 billion cubic feet of natural gas (P50). The NSAI report estimated ERHC risked prospective resources in JDZ Block 2 totaled 38.3 million barrels of oil and 47.9 billion cubic feet of natural gas (P50).

Operations in JDZ Block 3

The NSAI report estimated ERHC's unrisked prospective resources in JDZ Block 3 totaled 27.3 million barrels of oil and 32.9 billion cubic feet of natural gas (P50). The NSAI report estimated ERHC risked prospective resources in JDZ Block 3 totaled 8.7 million barrels of oil and 10.5 billion cubic feet of natural gas (P50). The operator, Addax Petroleum, began drilling the Lemba-1 well in October 2009 and completed drilling in November 2009.

Operations in JDZ Block 4

ERHC's consortium partner Addax Petroleum is the operator of JDZ Block 4. In August 2009, Addax took possession of the Deepwater Pathfinder deepwater drill ship and started drilling the Kina prospect. The NSAI report estimated ERHC's unrisked prospective resources in JDZ Block 4 totaled 231.6 million barrels of oil and 245 billion cubic feet of natural gas (P50). The NSAI report estimated ERHC risked prospective resources in JDZ Block 4 totaled 88.4 million barrels of oil and 86.2 billion cubic feet of natural gas (P50). In 2009, Addax Petroleum drilled the Kina, Malanza-1 and Oki East wells.

ERHC Energy Milestones

ERHC Energy has come a long way from its roots as an environmental remediation company. In 1996, ERHC narrowed its focus and began operating solely as an independent oil and gas company. Following are some milestones ERHC has achieved as it makes progress toward maximizing corporate value and shareholder returns by leveraging its assets in the Joint Development Zone (JDZ) between Sao Tome & Principe and Nigeria and in the exclusive waters of São Tomé & Príncipe (EEZ) and by pursuing other upstream and downstream oil and gas opportunities wherever attractive projects can be acquired at low cost and transformed into valuable oil and gas assets.

In May 1997, ERHC entered into an exclusive joint venture with São Tomé & Príncipe. ERHC sought that agreement because it identified the possibility of significant reserves offshore of Sao Tome & Principe years before anyone else did and was willing to undertake the hard work necessary to realize the value of these assets.

In the spring of 2001, the governments of Sao Tome & Principe and Nigeria reached an agreement over a long-standing maritime border dispute. Under the terms of the agreement, the two established the Joint Development Zone to govern commercial activities within the disputed boundaries.

On May 21, 2001, ERHC was awarded exploration and production rights in the EEZ and the JDZ.

In April 2003, ERHC and Sao Tome & Principe entered into an Option Agreement in which ERHC relinquished certain financial interests in the JDZ in exchange for exploration rights in the same area.

In late 2005 and early 2006, ERHC Energy sold participation interests in JDZ Blocks 2, 3 and 4. These sales established relationships with experienced exploration and production companies and stabilized the company's financial position.

On November 17, 2005, ERHC agreed to sell a participating interest in Block 4 of the JDZ to Addax Petroleum. This transaction was completed in February 2006.
On February 16, 2006, the Company sold a participating interest in Block 3 of the JDZ to Addax Petroleum.
On March 2, 2006, the Company sold participating interests in Block 2 of the JDZ to Sinopec and Addax.

All of the proceeds from these sales were received by the Company during the quarter ending March 31, 2006.

In early 2006, ERHC entered into production sharing contract for JDZ Blocks 2,3 and 4:

On March 14, 2006, ERHC entered into a production sharing contract with Addax Petroleum, several oil and gas companies, and the Joint Development Authority (JDA) to conduct petroleum operations in Block 4 of the JDZ.
On the same day, ERHC entered into a production sharing contract with Addax, several oil and gas companies and the JDA to conduct petroleum operations in Block 3 of the JDZ.
On March 15, 2006, ERHC entered into a production sharing contract with Sinopec, Addax, several oil and gas companies and the JDA to conduct petroleum operations in Block 2 of the JDZ.

Entering into production sharing contracts represented an important step in ERHC's goal of commercializing the Company's interests in the JDZ and increasing shareholder value. The Companies' interests in the JDZ blocks represent the cornerstone for ERHC's future growth strategy.

ERHC works closely with its consortium partners, Addax Petroleum and Sinopec Corporation. In August 2009, Addax Petroleum took possession of the Deepwater Pathfinder deepwater drill ship and commenced exploratory drilling in JDZ Block 4. Also in August 2009, Sinopec took possession of the Sedco-702 semi-submersible rig for drilling in JDZ Block 2.

(The source for the ERHC Energy, Inc. information presented above is http://www.erhc.com/ )

ERHC has accrued a 5.8% stake in Exile Resources Inc.

ERHC Increases Stake in Exile Resources Inc to 7.35 %
http://erhc.com/news/erhc-increases-stake-in-exile-resources/

Exile is a public company which trades on the Toronto Stock Exchange's Venture Exchange under the trading symbol ERI. The company holds interests in concessions in Nigeria, Zambia and the Middle East. In Nigeria, Exile holds a 10 percent interest in the Akepo discovery that was made in 1993 by Chevron. Exile has a very informative website, which is www.exileresources.com.

Republic of Kenya

In July 2012, ERHC announced it signed a production sharing contract (PSC) with the Government of the Republic of Kenya on Block 11A in northwestern Kenya. The Block is in the vicinity of Block 10BB in which significant oil discoveries have recently been announced.

Block 11A encompasses 11,950.06 square kilometers or 2.95 million acres (click on map to enlarge). The Block is situated on Kenya's border with South Sudan to the north, Block 11B and Lake Turkana to the east and near Kenya's border with Uganda to the west.

Sao Tome & Principe's Exclusive Economic Zone (EEZ)

-Link to the June 2009 Sao Tome and Principe AAPG (American Association of Petroleum Geologists) Conference slide presentation in Denver. It shows EEZ Block delineations and much more: http://www.internationalpavilion.com/ip_2005/Denver09_Talks/Presentation%20Sao%20Tome%20&%20Principe%20AAPGv3%20(2)_files/frame.htm

-The National Petroleum Agency of São Tomé & Príncipe (ANP-STP) on behalf of the Government of São Tomé and Principe has awarded ERHC Energy 100 percent working interests in Blocks 4 and 11 of the São Tomé & Príncipe Exclusive Economic Zone (EEZ). The ANP-STP has indicated that it expects to invite ERHC to negotiate Production Sharing Contracts (PSCs) on the two Blocks in due course. In addition to the two Blocks already awarded, ERHC has rights to acquire up to a 15 percent paid working interest in two additional blocks of its choice in the EEZ. The ANP-STP has informed the Company that selection of these other blocks will take place at a later date to be determined.

-Summary of the Hydrocarbon Prospectivity of the Sao Tome and Principe EEZ: http://www.anp-stp.gov.st/eng/docs/BGS%20-%20Summary%20public%20report

-Link to PGS report on the EEZ. PGS conducted a 2D seismic study on the EEZ: http://www.pgs.com/upload/29425/a3_flier_saotome_eez_lowres.pdf

Possible Resources/Reserves

The following links offer some general estimates of STP/EEZ hydrocarbon potential. It is unknown at this point whether the EEZ is mostly oil bearing or mostly gas bering, but most of the following claim it contains between 4-10 billion barrels (but there has been speculation of even higher numbers).
http://news.bbc.co.uk/1/hi/world/africa/3070813.stm
http://www.globalpolicy.org/security/natres/oil/2003/0718tiny.htm
http://www.gasandoil.com/goc/company/cna93221.htm
http://washingtontimes.com/specialreport/20030928-123431-1449r.htm
http://www.nationalreview.com/lowry/lowry071802.asp

and this 4 Nov 07 British documentary;
http://www.thebusinesschannel.com/?page=shows&cat=0&program=80

Practically all the above material has been gathered from contributors on this ERHE thread and from the EEL BB. And much useful commentary has been omitted which, I am sure, can be re-supplied by the many knowledgeable people, should you have further questions.

-Another great post on the EEZ can be found here: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36450859

-Possible pre-salt oil deposits in the EEZ: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36565661 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36570193 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36596746 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36450859 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43260765