ERHC Announces Changes in Technical Personnel
(Market Wire 12/18 16:00:09)
HOUSTON, TX -- (Marketwire) -- 12/18/08 -- ERHC Energy Inc. (OTCBB: ERHE), a publicly
traded American company with oil and gas assets in the highly prospective
Gulf of Guinea off the coast of West Africa, today announced changes in the
way the Company approaches its technical functions. To reflect the status
of ERHC's technical operations and realize cost efficiencies, the post of
Vice President Technical will no longer be a full-time position.
"With technical activities related to our Gulf of Guinea assets at an
advanced stage, we can reduce costs without compromising the execution of
our technical responsibilities," said ERHC Chief Operating Officer Peter
Ntephe.
Effective January 1, 2009, Daniel Gralla will manage ERHC's technical
functions on a part-time basis as Vice President Technical. The change
comes in conjunction with the expiration of Jim Ledbetter's contract of
employment.
"We thank Mr. Ledbetter for his contributions that helped to put ERHC in a
position to realize the value of its assets in the Gulf of Guinea," said
Ntephe.
Mr. Gralla, who has 23 years of oil and gas experience in the U.S. and
internationally (including in West Africa), will manage ERHC's technical
and engineering matters. Mr. Gralla has provided technical consultancy
services to ERHC in evaluating prospective acquisitions over the past few
months.
Recently, Mr. Gralla coordinated bringing various North American prospects
to production for Aspect Energy, LLC. He also served as an engineering
consultant both domestically and internationally for Kerr-McGee, Arco and
ConocoPhillips, involved in field development, acquisitions and project
economic analysis.
Mr. Gralla earned a Bachelor's Degree in Petroleum Engineering from the
Colorado School of Mines.
About ERHC Energy
ERHC Energy Inc. is a Houston-based independent oil and gas company focused
on growth through high impact exploration in the highly prospective Gulf of
Guinea and the development of undeveloped and marginal oil and gas fields.
ERHC is committed to creating and delivering significant value for its
shareholders, investors and employees, and to sustainable and profitable
growth through risk balanced smart exploration, cost efficient development
and high margin production. For more information, visit www.erhc.com.
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