Friday, February 09, 2018 3:27:37 PM
EQUITY
REMARKS
ERHC
20%
Location: North Western end of NSTP JDZ
Area: 666km2
Contract type: PSC and JOA
Seismic coverage area: 2D (100%), 3D (79%)
Wells drilled: 1 well (Lemba)
Well and log data available at JDA. Undrilled prospect with pre-drill estimate of over 300MM bbls delineated.
Available opportunities: 80% participating interest and operatorship available.
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JDZ - ERHC ownership
Block 2 - 30 %
Block 3 - 20%
Block 4 - 25 %
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COMPANY 9 ERHC Block 2
EQUITY
REMARKS
Orantopetroleum Ltd.
65%
Operator -designate
ERHC
30%
FobyEngineering company Ltd.
5%
Location: North eastern tip of the JDZ
Area: 692km2
Contarct type: PSC and JOA
Seismic data coverage: 2D (100%), 3D (97%)
Wells drilled: 1 well (JDZ Bomu)
Well and log data available at JDA. Undrilled prospect with pre-drill estimate of over 750MM bbls delineated.
Available opportunities: there could be farm-in opportunities (including operatorship) through Oranto and ERHC. ERHC’s 30% participating interest represents one of the pre-existing rights that the company aquired from DRSTP prior to the establishment of the JDZ under an option agreement between DRSTP and ERHC and excercised. PRODUCTION OF THE MONITORING
AND INSPECTIONS DEPARTMENT 10
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