ERHC Energy Inc (ERHE)

[mz157]

Forward-looking:

-I am happy to report that ERHC and the National Petroleum Agency of Sao Tome and Principe (ANP-STP) continue to make meaningful progress on the most critical terms of the Production Sharing Contracts (PSCs) for the Company's two exploration Blocks in the EEZ.

-ERHC's preparations for the commencement of its oil and gas exploration work program for the Chari-Ouest III, BDS 2008 and Manga blocks is continuing to gather steam

-ERHC is also seeking expressions of interest from qualified contracting companies to conduct seismic work and gravity and magnetic studies, which will be the focus of the first 18 months of the work program.

-This is an important aspect of ERHC's announced strategy of
transforming itself from an offshore-focused, non-operating company to a company with both onshore and offshore assets, some of which it operates in its own right.

Oh and you aren't hiring new people because you know some super secret buyout is going to happen...

nope...nothing forward-looking at all... SMH