ERHC Energy Inc (ERHE)

[Southern Man]

ERHC Energy Inc. : Updates Shareholders on Progress
08/13/2013 | 06:48pm US/EasternRecommend: 0 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

•ERHC is pursuing ongoing discussions with investment banks and brokers regarding potential new investments and financing facilities.
If you have questions, please reference the Company's quarterly 10-Q filing, which is available at http://erhc.com/secfilings/ or contact Daniel Keeney, ERHC's investor relations representative, at [e-mail].