ERHC Energy Inc (ERHE)

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ERHC Receives Notification on Exercise of Preferential Rights in the JDZ
Wednesday March 31, 10:08 am ET

Press Release Source: Environmental Remediation Holding Corporation

HOUSTON--(BUSINESS WIRE)--March 31, 2004--On March 29, 2004, Environmental Remediation Holding Corporation ("ERHC", "the Company") (OTCBB:ERHC - News) received a "Notification On Exercise of Preferential Rights in the JDZ" from the Nigeria-Sao Tome & Principe Joint Development Authority ("JDA") inviting the Company to exercise its preferential rights in the Joint Development Zone between Nigeria and Sao Tome ("JDZ").
The Company will respond in accordance with the terms and conditions of the "Administration Agreement" of April 7, 2003 between the JDA and ERHC.

This press release contains certain "forward-looking statements," as that term is defined in the Private Securities Litigation Reform Act of 1995. Except for historical information contained in this release, these forward looking statements are subject to risks and uncertainties, including government regulation, competition, capital resources, general economic conditions, and other risks detailed in ERHC's SEC reports. These forward-looking statements can be identified by the use of terminology such "intends," "may," "will," "should," "could," "expects," and "plans." Forward-looking statements in this release include the ability of ERHC to exploit its oil and gas exploration concession in Sao Tome and its ability to locate, acquire and develop high potential oil and gas prospects.



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Contact:
Environmental Remediation Holding Corporation, Houston
John Coleman, 713-626-4700
or
Ward Creative Communications
Mickey Gentry, 713-869-0707