ERHC Energy Inc (ERHE)

[RUBY1100]

Addax Petroleum announces receipt of letter from Kurdistan Regional Government of Iraq
Press Release
Source: Addax Petroleum Corporation
On Wednesday July 22, 2009, 5:24 am EDT

CALGARY, July 22 /CNW/ - Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX: AXC and LSE: AXC), today announced that it has received a letter (the "KRG Letter") from the Minister of Natural Resources of the Kurdistan Regional Government (the "KRG") and has confirmation from Sinopec International Petroleum Exploration and Production Corporation ("SIPC") that receipt of this letter satisfies the condition to the offer for Addax Petroleum dated July 9, 2009 (the "Offer") made by Mirror Lake Oil and Gas Company Limited, an indirect wholly-owned subsidiary of SIPC, that Addax Petroleum obtain the KRG Letter.

The Offer is subject to a number of conditions including valid acceptances by holders of not less than 66 2/3 per cent of Addax Petroleum shares on a fully diluted basis and receipt of certain regulatory approvals, including the government of The People's Republic of China. The Offer is expected to close in the third quarter of 2009.

About Addax Petroleum Corporation

Addax Petroleum is an international oil and gas exploration and production company with a strategic focus on West Africa and the Middle East. Addax Petroleum is one of the largest independent oil producers in West Africa. Further information about Addax Petroleum is available at www.addaxpetroleum.com or at www.sedar.com.


For further information

Mr. Craig Kelly, Investor Relations, Tel.: [phone], [e-mail]
Mr. Chad O'Hare, Investor Relations, Tel.: [phone], chad.o'[e-mail]
Ms. Marie-Gabrielle Cajoly, Press Relations, Tel.: [phone], [e-mail]
Mr. Nick Cowling, Press Relations, Tel.: [phone], [e-mail]
Mr. Mark Antelme, Press Relations, Tel.: [phone], [e-mail]