HOUSTON, June 10, 2013 (GLOBE NEWSWIRE) -- ERHC Energy Inc. (OTCBB:ERHE), a publicly traded American company with oil and gas assets in Sub-Saharan Africa, announced today that President and Chief Executive Officer Peter Ntephe will present ERHC's at EnerCom's London Oil & Gas Conference this week. Mr. Ntephe is scheduled to present at 8 a.m. EDT on Tuesday, June 11, 2013.
Interested parties can access a webcast of the presentation by visiting the ERHC Investor Center at http://erhc.com/investors/. The webcast can also be accessed by clicking http://www.investorcalendar.com/IC/CEPage.asp?ID=171073&CID=.
ERHC is among 12 U.S. E&P and OilService companies that will present their stories to institutional investors, research analysts, private equity firms, commercial lenders, high net worth investors, and oil and gas industry professionals at the EnerCom conference. Mr. Ntephe will describe the Company's diverse portfolio of exploration assets stretching across the African continent and will highlight the progress being made toward eventual drilling.
"I will be speaking at the conference on my way back from Kenya where our delegation spent much of the past week meeting with local community and government leaders, a fundamental step in the commencement of an exploration work program," said Mr. Ntephe. "We were enthusiastically received by our host communities, had meaningful dialogue at several levels and expect that these relationships will be valuable for potential farm-in partners."
Last month, ERHC announced it has signed a letter of intent with an integrated international oil and gas company to farm-out part of the Company's interest in Kenya Block 11A. The parties continue to negotiate the definitive terms for a farm-out. Any agreement reached will be subject to the approvals of the respective boards and of the Government of Kenya.
About ERHC Energy
ERHC Energy Inc. is a Houston-based independent oil and gas company focused on growth through high impact exploration in Africa and the development of undeveloped and marginal oil and gas fields. ERHC is committed to creating and delivering significant value for its stockholders, 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 www.erhc.com.
Cautionary Statement
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 stockholders' meetings 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 Kenya, Chad, the JDZ and the Exclusive Economic Zone of Sao Tome and Principe, 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.