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Tuesday, 08/13/2013 4:52:14 PM

Tuesday, August 13, 2013 4:52:14 PM

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ERHC Energy Inc. Updates Shareholders on Progress

Houston, August 13, 2013 – ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in Sub-Saharan Africa, today updated shareholders on the Company's progress.

ERHC Shareholders:

ERHC is pleased to present highlights of the Company's recent progress. Greater detail is available in the Company's quarterly 10-Q filing, which can be read at http://erhc.com/secfilings/.

São Tomé and Príncipe Exclusive Economic Zone (EEZ)

• ERHC has concluded negotiations with the National Petroleum Agency (ANP-STP) on the EEZ Block 4 and 11 Production Sharing Contracts (PSCs).

• Translations, final legal review and certain approvals will precede signature.

Republic of Kenya Block 11A

• Negotiations continue with an international operator interested in farming into the Block following a Letter of Intent entered into in May 2013.

• ERHC awarded a contract to Bell Geospace to acquire an airborne Full Tensor Gravity Gradiometry (FTG) survey of the Block.

• ERHC conducted community outreach with government and local leaders to precede of the Company's exploration program.

Republic of Chad

• ERHC has contracted ASAT (Archeologie et Socio-Antropologie au Tchad), an environmental consultancy with Chad expertise and experience, to conduct a comprehensive Environmental Impact Assessment (EIA) in accordance with the PSC.

• ERHC has applied to the Chadian Ministry of Energy to harmonize ERHC's acreage with current determinations of prospectivity.

Nigeria - São Tomé and Príncipe Joint Development Zone (JDZ)

• ERHC and other contracting parties continue negotiations with the Joint Development Authority on how to progress with JDZ Blocks 2, 3 and 4.

Fundraising

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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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