ERHC Energy Inc (ERHE)

[Southern Man]

OER: OANDO "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends to begin explortation Money in EEZ starting next month.

Blocks 5 & 12, EEZ of Sao Tome & Principe

Budgeted capital expenditures for Block 5 and 12, EEZ of Sao Tome & Principe were set at $5.2 million for 2014. No significant capital expenditures were incurred in these fields in the nine months ended September 30, 2014. Planned capital expenditures related to a four year work programme of 2D and 3D seismic acquisition and studies remains with Seismic acquisition to be incurred in December 2014