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mrrhodes

08/26/09 6:40 AM

#176282 RE: RUBY1100 #176280

Thanks Jeff...we made it!! Drill Baby Drill!!!!
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majicathome

08/26/09 6:54 AM

#176285 RE: RUBY1100 #176280

Great pr, to bad they don't include the 'partner' like they used to.
Sinopec is master of all the current exploration blocks in the GOG now.
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Art2004

08/26/09 7:21 AM

#176286 RE: RUBY1100 #176280

Great news Rub y. Expect Dan K to issue an ERHC PR with the above info PLUS ERHC block percentages.

Hope an ERHC PR comes out soon.
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wcamom

08/26/09 7:23 AM

#176287 RE: RUBY1100 #176280

hopefully this is the "official" one that sideliners were waiting for to jump in...hopefully an exciting day and rest of year..
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nevERHEsitate

08/26/09 7:24 AM

#176288 RE: RUBY1100 #176280

Ruby... thanks a bunch. You all know what this all mean... Block 3 finally, along with block 2 and 4 - the PR will keep coming as Gandur said - World class exploration region and the mother of all questions will be finally answered. Chamapgne is coming our way - DRILL BABY, DRILL!!!
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wcamom

08/26/09 7:24 AM

#176290 RE: RUBY1100 #176280

hopefully this is the "official" one that sideliners were waiting for to jump in...hopefully an exciting day and rest of year..
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Tamtam

08/26/09 7:25 AM

#176292 RE: RUBY1100 #176280

Great,great news Ruby, thanks
Get ready for a boost in sp
TT
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RUBY1100

08/26/09 11:55 AM

#176432 RE: RUBY1100 #176280

***ERHC NEWS*** 08/26/2009

ERHC Energy Inc. Technical Partner Commences Exploration Campaign


HOUSTON, TX, Aug 26, 2009 (MARKETWIRE via COMTEX) -- ERHC Energy Inc. (ERHE), a
publicly traded American company with oil and gas assets in the highly
prospective Gulf of Guinea off the coast of West Africa, today announced that
exploratory drilling is underway in Block 4 of the Nigeria-Sao Tome and Principe
Joint Development Zone (JDZ) in which ERHC has a 19.5 percent interest. The
Company's technical partner, Addax Petroleum Corporation, the operator in JDZ
Block 4, has announced the spudding of the Kina Prospect.

"The start of drilling in our JDZ Blocks represents an important step toward
realizing the Company's vision after more than a decade of hard work," said Peter
Ntephe, chief operating officer with ERHC. "We are very excited that we are on
the cusp of realizing the value of a portion of ERHC's portfolio of oil and gas
assets in the Gulf of Guinea."

Another significant development is the change of operator in JDZ Block 3, in
which ERHC has a 10 percent interest. Addax has announced that it has acquired
the 51 percent interest formerly held by Anadarko and will be the operator of JDZ
Block 3.

The drilling campaign is being conducted using Transocean's Deepwater Pathfinder,
a fifth generation dynamically positioned deepwater drilling rig capable of
drilling in water depths up to 3,048 meters. Addax plans to drill the "Kina" and
"Lemba" prospects in JDZ Blocks 4 and 3, respectively, using the Deepwater
Pathfinder.

In 2009, the independent engineering firm, Netherland, Sewell & Associates, Inc.
(NSAI) estimated ERHC's unrisked prospective resources in JDZ Blocks 2, 3 and 4
totaled more than 336 million barrels of oil (P50). The NSAI report estimated
ERHC risked prospective resources in JDZ Blocks 2, 3 and 4 totaled 135.5 million
barrels of oil.

ERHC Energy has interests in six of the nine Blocks in the offshore JDZ. The
Company has additional interests in the territorial waters of Democratic Republic
of Sao Tome & Principe known as the Exclusive Economic Zone (EEZ).

About ERHC Energy

ERHC Energy Inc. is a Houston-based independent oil and gas company focused on
growth through high impact exploration in the highly prospective Gulf of Guinea
and the development of undeveloped and marginal oil and gas fields. ERHC is
committed to creating and delivering significant value for its shareholders,
investors and employees, and to sustainable and profitable growth through risk
balanced smart exploration, cost efficient development and high margin
production. For more information, visit http://www.erhc.com.


Contact:
Dan Keeney, APR
DPK Public Relations
832-467-2904
Email Contact


SOURCE: ERHC Energy Inc.
http://www2.marketwire.com/mw/emailprcntct?id=9D38B3EACE4E385F
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ERHClongtimer

08/26/09 8:35 PM

#176581 RE: RUBY1100 #176280

Notable words from the ADDAX PR today:

"The acquisition of this additional interest in the JDZ intensifies our foothold in this world class exploration region and significantly enhances the economics of our position in JDZ Block 3 as it allows Addax Petroleum to aggressively explore this prolific region with a sustained drilling strategy."

"Aggressively" (assertive, bold, and energetic); "Sustained" (to keep up, prolong) - Sounds like Addax is definitely still intent on drilling more than a few holes.

The next 30 days is only the beginning! - Longtimer