ERHC Energy Inc (ERHE)

[RUBY1100]

did I read it right a 117 MM market cap for EEL?

OT - Centurion Increases Bank Credit Facility
Wednesday December 28, 9:30 am ET


CALGARY, ALBERTA--(CCNMatthews - Dec. 28, 2005) - Centurion Energy International Inc. (TSX:CUX - News; AIM:CUX.L) is pleased to announce that it has increased the size of its existing credit facility with Standard Bank Plc. from US$40 million to US$150 million, of which US$100 million is now immediately available. The remaining $50 million will be available to Centurion based upon the company meeting certain conditions prescribed by Standard Bank Plc.
The credit facility has been put in place to give Centurion maximum flexibility to supplement the company's expected cash flow in funding its planned 2006 exploration and development programs or other acquisition opportunities that may arise.



Contact:
Said S. Arrata
Centurion Energy International Inc.
President and CEO
[phone]

Barry W. Swan
Centurion Energy International Inc.
Senior Vice President and CFO
[phone]

Scott Koyich
Centurion Energy International Inc.
Investor Relations
[phone]
Website: www.centurionenergy.com