ERHC Energy Inc (ERHE)

[Strategyone]

ERHE THANK YOU for the FACTS (8k)

Now we have the answers to many questions and speculation:

Money: Not a problem. $49mm+ from Block 2,3 & 4 JOA's. Not only that but cost for exploration, drilling and future production expenses are all paid for without ERHE cash outlay! And a surprise to me is that the $49+ million is paid 10 days after the PSC signatures which means in less than a fortnight! I was expecting the bulk of the money to be paid over phase 1 or so. NOT, this is upfront money. Can you say "good bye" going concern? LOL (That one is for you Mongo)

Percentage Interest: I was fairly confused by the Addax PR today showing ERHE with 7.3% of block 2. Confused no more. ERHE with 22% of block 2, 17.7% of block 4 and 10% of block 3.

These are the facts the investment community needs at this stage.

A PR will be bonus and might add some positive fluff but this is what I was looking for.

Thank you again ERHE,

GLTA,

Strategyone