ERHC Energy Inc (ERHE)

[Southern Man]

Nice report for them, here's a link with map..not close to us at all.

http://www.oilandgastechnology.net/upstream-news/taipan-confirms-
oil-potential-block-1-onshore-kenya



Fundraising Activities

ERHC continues to raise funds through the issuance of convertible notes. This is part of the Company's previously announced comprehensive fundraising program.
Proceeds from the current issue are being applied to funding the Company's exploration work program in Chad, among other obligations.
ERHC is also in discussions with private equity funds regarding potential strategic investment. These talks are preliminary in nature but management believes a significant private-equity investor could represent an important source of funding to help meet the Company's long-term obligations.