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Wednesday, July 06, 2011 9:34:28 AM
Press Release Source: Global Equity Reporter On Wednesday July 6, 2011, 9:00 am
BEIJING--(Marketwire - 07/06/11) - Today, www.GlobalEquityReporter.com announced its research report highlighting ERHC Energy Inc. (OTC.BB:ERHE - News) and American Petro-Hunter Inc. (OTC.BB:AAPH - News). Full report download is available at www.GlobalEquityReporter.com/access.php.
With the disruption of exports from Libya and unrest in the Middle East and North Africa, crude oil continues to trend upward. The recent disaster in Japan has fueled further volatility, as Japan is the world's third largest consumer and the second largest importer. As of March, the U.S. Energy Information Administration (EIA) estimated that global oil demand expanded by 2.85% in 2010 and sees demand growth of 1.70% in 2011 and 1.94% in 2012. Reflecting new OPEC capacity additions, the EIA estimated that global oil supply increased by 2.5% in 2010 and forecast supply growth of 1.12% in 2011 and 2.49% in 2012.
Global Equity is reporting on ERHC Energy Inc. as a development-stage company which focuses on oil and gas. The Company maximizes its value through exploration and exploitation of oil and gas reserves in the Gulf of Guinea offshore of central West Africa, including its rights to working interests in exploration acreage in the Joint Development Zone (JDZ) between the Democratic Republic of Sao Tome and Principe (DRSTP) and the Federal Republic of Nigeria (FRN) and in the territorial waters of Sao Tome (EEZ). The full report and profile on ERHC Energy Inc. (OTC.BB:ERHE - News) is available here: www.GlobalEquityReporter.com/get.PDF.1824.php.
Global Equity Reporter features American Petro-Hunter Inc. as an oil and natural gas exploration and production (E&P) with projects in Kansas and California. On April 6, 2009, the Company entered into a Participation Agreement with Archer Exploration, Inc. (Archer) to participate in the drilling for natural gas on a prospect located in Stanislaus County, California. The full report and profile on American Petro-Hunter Inc. (OTC.BB:AAPH - News) is available here: www.GlobalEquityReporter.com/get.PDF.1937.php.
http://finance.yahoo.com/news/Insight-on-ERHC-Energy-Inc-iw-3648322366.html?x=0&.v=1
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