ERHC Energy Inc (ERHE)

[RUBY1100]

More EEZ Details http://www.stp-eez.com/

ANP-STP / National Petroleum of Sao Tome and Principe

http://www.stp-eez.com/Posters.htm

National Agency of the Oil has the grateful one please of inform that in the scope of the preparations with an aim to achievement of the 1st auction of Blocks of the Zone Económica Exclusive EEZ,

the companies Equator Exploration and ERHC exercised the right of preference and of option, previously to the launching of the 1st auction of the Zone Económica Exclusive EEZ, having selected for the effect the Equator Exploration Block 5 (Zone A) and Block 12 (Zone

B) ERHC Block 4 (Zone A) and Block 11 (Zone B)

The rights of preference and of option of these companies insert itself in the chart of the agreements celebrated with the State Santomense; with the ERHC in 1997 and renegotiations in 2001 and 2003 and with Equator Exploration in 2001 and renegotiation in 2003.

The Blocks selections are subjects to Output obeying rigorously to the program of work it to be negotiated and to the light of the
legislation in force. 2 - it having been resolved the question of the rights acquired as establish them referred agreements,

the Government selected the following seven (7) Blocks like offering of Auction: Zone TO Blocks 1, 2, 3 and 6 Zone B Blocks 7, 8 and 13 3- THE Opening of the Auction will be in the day 02 March of 2010 and closing in the day 15 of September 2010.

4 – For more information about the 1st auction of Blocks of the EEZ, consult http://www.stp-eez.com/

Luís Alberto C. Executive Director