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ERHC Energy to Present at Premier Sub Saharan Africa Oil and Gas Conference in Houston
In London, Company's Executives Warmly Received at Growth Company Investors Conference
| Source: ERHC Energy
HOUSTON, TX--(Marketwire - June 11, 2008) - ERHC Energy Inc. (OTCBB : ERHE ) today announced
that Vice President Technical, James Ledbetter, will be a featured speaker
at the Premier Sub Saharan Africa Oil and Gas Conference at the
Intercontinental Hotel in Houston. ERHC is a publicly traded American
company with valuable oil and gas assets in the highly prospective Gulf of
Guinea off the coast of central West Africa.
The announcement comes as ERHC's management met with investors at the
Growth Company Investors Conference in London. Chief Operations Officer
Peter Ntephe described the Company's plans to list a subsidiary on the
Alternative Investments Market (AIM) of the London Stock Exchange, its oil
and gas interests in the Gulf of Guinea and progress being made toward
exploratory drilling.
In Houston, Mr. Ledbetter's keynote address, "Challenges for a Small
Company in the Deep Water of the Gulf of Guinea," is scheduled for 9:50
a.m., Tuesday June 17th. The Premier Sub Saharan Africa Oil and Gas
Conference is expected to attract senior energy policymakers from
governments, investors and investment bankers, risk managers and local
content advisers.
Mr. Ledbetter is guiding ERHC Energy's technical activities in the Gulf of
Guinea as the Company prepares for the start of exploratory drilling. ERHC
has interests in six of the nine Joint Development Zone (JDZ) Blocks
between Nigeria and the Democratic Republic of São Tome & Principe.
Operators of two of the JDZ Blocks have indicated that drill could begin
before the end of 2008. The Company also holds preferential rights in the
São Tome & Principe Exclusive Economic Zone.
The theme of the three-day conference is "Investment opportunities,
partnership challenges in the oil and gas industries in Sub Saharan Africa
and outcomes of local content policy." The conference will present
investment opportunities in the Sub-Saharan oil and gas exploration and
production industry as well as best practices for creating innovative
partnerships between foreign investors and local operators.
Countries of focus during the conference include Angola, Cameroon, Chad,
Congo, Cote D'Ivoire, Equatorial Guinea, Gabon, Ghana, Guinea-Bissau, Mali,
Mauritania, Nigeria, São Tome & Principe and Senegal.
About ERHC Energy
ERHC Energy Inc. is a publicly traded American company with valuable oil
and gas assets in the in the highly prospective Gulf of Guinea. ERHC is
committed to creating and delivering significant value for its
shareholders, investors, and employees; sustainable and profitable growth
through risk balanced smart exploration, cost efficient development and
high margin production. For more information, visit www.erhc.com.
This press release contains statements concerning ERHC Energy Inc.'s future
operating milestones, future drilling operations, the planned exploration
and appraisal program, future prospects, future investment opportunities
and financing plans, future shareholders' meetings, response to the Senate
Subcommittee investigation, developments in the SEC investigation of the
Company and related proceedings, as well as other matters that are not
historical facts or information. Such statements are inherently subject to
a variety of risks, assumptions and uncertainties that could cause actual
results to differ materially from those anticipated, projected, expressed
or implied. A discussion of the risk factors that could impact these areas
and the Company's overall business and financial performance can be found
in the Company's reports and other filings with the Securities and Exchange
Commission. These factors include, among others, those relating to the
Company's ability to exploit its commercial interests in the JDZ and the
exclusive territorial waters of São Tomé and Príncipe, general economic and
business conditions, changes in foreign and domestic oil and gas
exploration and production activity, competition, changes in foreign,
political, social and economic conditions, regulatory initiatives and
compliance with governmental regulations and various other matters, many of
which are beyond the Company's control. Given these concerns, investors and
analysts should not place undue reliance on these statements. Each of the
above statements speaks only as of the date of this press release. The
Company expressly disclaims any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statement to
reflect any change in the Company's expectations with regard thereto or any
change in events, conditions or circumstances on which any of the above
statements is based.