ERHC Energy Inc (ERHE)

[midtieroil]

I had an email exchange with Dan Keeney about whether or not any drilling in any of our blocks would be announced. I got the usual answer about how they wanted to but were at the mercy of the Operator. I responded with the following email:

That is NOT entirely true in my experience. All Joint Operating Agreements I've been a part of contain a clause that allows non-operating partners to make any disclosure that is required by law. Of course the SEC legally requires disclosure of ALL material events. While the spudding of a well may not be a material event to Sinopec, Addax or Anadarko, it most certainly IS a material event to ERHE. This will be the first well ever drilled in the company's history. There is nothing more material than the drilling of the company's first well. As a shareholder I expect it to be announced and I would hope that the company would realize that they probably have the right to do so under the JOA as well as the obligation to do so under the SEC rules.

Could you please pass this thought on to the company and ask them to review their Joint Operating Agreement to see if a disclosure could made even if the Operator does not want to do so. I would think that the JDA has the right to do it also and would be anxious to do so. This would be another avenue that company could follow in order to get the news out.

In conclusion, I and other shareholders do not want to hear the excuse that this important event can't be announced because the Operator won't go along. How about the company taking some intiative for a change and force the issue. We have a right to know and I'm a little tired of being walked all over. It's time for ERHE to stand up and act like a real oil company.