This is the presentation delivered by ERHC Energy Inc. President and CEO Peter Ntephe at the 19th Western Africa Oil, Gas & Energy Conference 2013, held in Windhoek on April 23, 2013.
2. Introducing ERHC Energy Inc.
• Valuable E&P assets in Sub-Saharan Africa
• Incorporated in Colorado and based in
Texas, USA
• Publicly traded on the U.S. Over the Counter
Bulletin Board (OTCBB) – ERHE.OB
• Market cap: ±$50 million – April 2013
3. Brief History
• Through 2009
–Primary focus on deepwater JDZ assets
–Unexpected results from drilling in the JDZ
• 2010 – Awarded two Blocks in Sao Tome &
Principe EEZ
• 2011 – Awarded three Blocks in Republic of
Chad
• 2012 – Awarded Kenya Block 11A
4. Uniqueness of ERHC
• Home field advantage
–Management and board connected with the
region
–Significant investment by African business
interests
• Proven ability of securing quality assets
• Proven record of attracting technically and
financially capable strategic partners
6. African Rift Play
Recent discoveries
include Tullow’s
#1 Ngamia in
Kenya and OPIC’s
#1 Benoy in Chad.
The African Rift
Play is one of the
hottest trends in
global oil
exploration.
7. African Rift Play
The trend consists of
numerous basins and
an associated
complex fault system
21. Fairway Plays
Cross section from Príncipe to Equatorial Guinea Margin
Cretaceous and Tertiary sands from the continental margin extend over
the continental crust into the São Tomé EEZ
26. Closing
• Exciting Prospectivity in West and Central
Africa
• Opportunities onshore and offshore
• ERHC is an established player and potential
partner
• Visit: www.erhc.com
ERHC is an American public company based in Houston. We’ve been in existence for 27 years, the last 15 of which have been dedicated to African oil exploration
Our initial focus was the deep water JDZ between Nigeria and Sao Tome & Principe off the Coast of West Africa. In August 2009 to January 2010, in conjunction with Addax and Sinopec, we drilled 6 wells in 3 blocks in the JDZ but found only non-commercial quantities of biogenic methane gas. We’ve forged on since, securing two more blocks in Sao Tome and Principe’s Exclusive Economic Zone. We’ve also secured 3 blocks in Chad in Central Africa and a further block in in Northwestern Kenya which lies on the intersection of the East and Central African rift systems.
We like to describe ERHC as an American company with an African face. I can assure that is no reference to my face but to ERHC’s deep connections in Africa and intrinsic knowledge of African exploration plays
Our exploration in Central Africa focuses on the great African rift systems that intersect there.