ERHC Energy Inc (ERHE)

[spp119]

Some clarifications and some interesting bits of information;

JDZ;

1)- One important reason given for the JDZ announcemnet/info "delays" is due to the fact that the Chinese take a break after each drilling campaign and this coupled with our Xmas/New Year holidays as well as similar slowdowns for Chinese New Year on the part of SNP, has led to a general slowdown in work load involved.

2)- The deadline for the 2ond round JDZ drilling notification date has been (grudgingly)extended for about three months by the JDA subsequent to companies requests.

EEZ;

3)- I contacted EEL and have been told that it has also made its Blk choices. A relevent announcement/update is to be given out shortly to EEL sharholders.

4)- EEL's 15% option is retained, but will/can be exercised only in conjunction and when (and if) STP exercises options available to it on auctioned Blocks.....(this was basically what I understood, as it was too complicated to comprehend and I could not be bothered to request more specificity and clarity). I assume that the same applies for ERHE's two option rights.

spp119