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Cours Or & Argent

Africa Oil Corp.

Publié le 09 octobre 2013

ERHC Energy Inc. CEO Presents at the Africa Oil & Gas Summit 2013

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Mots clés associés :   Kenya | Nigeria |
ERHC Energy Inc. CEO Presents at the Africa Oil & Gas Summit 2013

CAPE TOWN, SOUTH AFRICA, October 9, 2013 � Peter Ntephe, President and CEO of ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in Sub-Saharan Africa, today presented, "Exploration: Prospects and Challenges for a Small Independent," at the Africa Oil & Gas Summit 2013. Mr. Ntephe was a featured presenter of the Summit's West Coast Africa Oil & Gas track.

Mr. Ntephe's presentation, which can be viewed and downloaded at http://erhc.com/presentations/, examined the Company's pure exploration model, which builds value through asset prospectivity development.

"As ERHC has experienced firsthand, this model is high risk as it usually involves exploration in frontier areas, but it can lead to very high reward as assets grow in value during the exploration process," said Ntephe.

Mr. Ntephe described ERHC's experiences in the Nigeria � S�o Tom� and Pr�ncipe Joint Development Zone (JDZ), which saw the value of ERHC's exploration Blocks climb in advance of its 2009 drilling campaign, but drop after exploration found no oil.

"We faced a big decision. We could sell at significantly diminished value or start again. We chose to do what this Company does best: identify and secure prospective exploration assets � this time in Kenya and Chad � and set about building value again through focused exploration," said Ntephe.

ERHC's oil and gas exploration interests extend across the African continent, including the Republic of Kenya, the Republic of Chad, the S�o Tom� and Pr�ncipe Exclusive Economic Zone (EEZ) and the JDZ.

He told the gathering that ERHC's previously announced negotiations with an integrated international oil and gas company to farm-out part of the Company's interest in Kenya Block 11A in northwestern Kenya are going well.. Preparations also continue for Bell Geospace to acquire an airborne Full Tensor Gravity Gradiometry (FTG) survey of Block 11A. In Chad, in accordance with the PSC, work on a comprehensive Environmental Impact Assessment (EIA) is underway.

The Africa Oil & Gas Summit 2013 was held at Pavilion Center in Cape Town, South Africa.

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 S�o Tom� and Pr�ncipe, 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.


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Données et statistiques pour les pays mentionnés : Kenya | Nigeria | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Kenya | Nigeria | Tous

Africa Oil Corp.

CODE : AOI.V
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Africa Oil est une société d’exploration minière de pétrole basée au Canada.

Africa Oil détient divers projets d'exploration en Afrique Du Sud.

Son principal projet en exploration est NOGAL VALLEY AND DHAROOR VALLEY en Afrique Du Sud.

Africa Oil est cotée au Canada. Sa capitalisation boursière aujourd'hui est 3,9 milliards CA$ (3,6 milliards US$, 2,6 milliards €).

La valeur de son action a atteint son plus bas niveau récent le 09 janvier 2009 à 0,71 CA$, et son plus haut niveau récent le 07 septembre 2012 à 9,85 CA$.

Africa Oil possède 456 420 000 actions en circulation.

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Nominations de Africa Oil Corp.
31/03/2011Appoints David Grellman as VP Operations
Rapports Financiers de Africa Oil Corp.
28/08/2013Second Quarter of 2013 Financial and Operating Results
26/03/20132012 Financial and Operating Results
26/05/2011Q1 2011 Financial and Operating Results
29/03/20112010 Year End Financial and Operating Results
Projets de Africa Oil Corp.
21/02/2013Executes Rift Basin Area Production Sharing Agreement
Communiqués de Presse de Africa Oil Corp.
23/05/2014Africa Oil Annual General Meeting
14/05/2014Africa Oil Provides Operational Update and First Quarter Res...
05/05/2014Africa Oil to Commence Trading on TSX on Tuesday, May 6, 201...
02/05/2014S&P Dow Jones Indices Announces Changes to the S&P/TSX Canad...
27/03/2014Africa Oil Provides Operational Update and Year-End Results
27/03/2014Africa Oil Provides Operational Update and Year-End Results
28/10/2013Closes US$450 Million Brokered Private Placement
28/10/2013Kenya Operations Update
16/10/2013Announces US$450 Million Brokered Private Placement
09/10/2013ERHC Energy Inc. CEO Presents at the Africa Oil & Gas Summit...
26/09/2013Discovers Oil at Ekales Prospect in Kenya
23/09/2013Reports on Security Situation in Kenya
03/09/2013Announces 557% Increase in Estimates of Contingent Resources...
24/07/2013Spuds Ekales-1 Well in Kenya
03/07/2013Ngamia Well Flows at Over 3200 BOPD and Doubles Net Pay New ...
03/06/2013AGM Results
13/05/2013Announces Etuko-1 Well Spuds in Kenya
24/04/2013ERHC Energy Inc. Presentation from Western Africa Oil, Gas &...
23/04/2013Announces Annual Meeting Date
16/04/2013Announces Addition to Management Team
15/04/2013Confirms Lower Lokhone Oil Discovery in Ngamia-1 Well and Pr...
21/02/2013Announces Twiga Flow Rate of 2,812 bopd
13/02/2013Ranked Number One on TSX Venture 50
14/01/2013Announces Spud of Sabisa Well in South Omo Permit in Ethiopi...
11/01/2013Operations Update
10/12/2012Closes First Tranche of $232.5 Million Private Placement
08/11/2012Formally Becomes a Supporting Company of the Extractive Indu...
05/11/2012Presented With Prestigious Award at 19th Africa Oil Week
31/10/2012Twiga South-1 Well Update
26/10/2012Completes Farmout With New Age and Twiga Update
22/10/2012Completes Kenyan Farmout With Marathon Oil
11/09/2012Corporate Update
21/06/2011Completes Acquisition of Lion Energy
08/06/2011Reports That Lion Energy Shareholders Approve Plan of Arrang...
12/05/2011Signs Letter of Intent to Create New Puntland Focused Explor...
04/05/2011Annual General Meeting Date
04/04/2011Signs Definitive Agreement for Acquisition of Lion Energy, F...
29/03/2011Announces Updated Independent Resource Estimate
29/03/2011Files AIF and NI 51-101 Disclosure
25/03/2011and Lion Energy Extend Deadline for Definitive Agreement
08/03/2011Signs Letter of Intent to Acquire Lion Energy
23/02/2011Completes Acquisition of Centric Energy Adding Highly Prospe...
22/02/2011Closes Farmout With Tullow Oil on Blocks 12A and 13T
22/02/2011Exploration Program Update
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