HOUSTON, Jan. 31, 2013 (GLOBE NEWSWIRE) -- ERHC Energy Inc. (OTCBB:ERHE), a publicly traded American company with oil and gas assets in Sub-Saharan Africa, today announced that it is set to exhibit at NAPE Expo, the world's largest E&P (upstream) expo. Slated for February 5-8, 2013 at the George R. Brown Convention Center in Houston, Winter NAPE 2013 is expected to draw close to 20,000 attendees and exhibitors to highlight producing properties and prospects from around the world, capital formation and services and technologies.
ERHC will occupy booth 921 at the International Pavilion February 5-8, where attendees will be able to preview current and upcoming licensing rounds, as well as make contacts with energy ministries and state licensing authorities.
"While we are forging ahead as the operator of both our Kenya and Chad assets, we continue to pursue strategic partnerships on those assets that may be in the best interests of the Company and stockholders," said ERHC President and CEO Peter Ntephe. "Our Exploration Manager Gertjan van Mechelen will lead ERHC's team at the NAPE Expo to present our assets and exploration plans and discuss potential alliances."
Now in its 20th year, NAPE Expo creates an environment for doing business and initiating upstream asset purchases and trades. The event is organized by the American Association of Professional Landmen in partnership with the Independent Petroleum Association of America, the Society of Exploration Geophysicists and the American Association of Petroleum Geologists.
Earlier in January, ERHC continued to make progress toward commencing exploration work programs in Kenya and Chad. The Company has established wholly-owned local subsidiaries in both nations to handle the programs. ERHC Energy Kenya Ltd., headquartered in Nairobi, will oversee the exploration work program for Block 11A in northwest Kenya under the guidance of General Manager Dr. Peter Thuo. ERHC Energy Chad, headquartered in N'Djamena, will oversee the exploration work program for BDS 2008 in Chad.
ERHC plans to pursue rift margin plays in Kenya and Chad similar to those that led to recent major discoveries in East Africa. Based on existing data, ERHC has delineated exploration focus areas in Block 11A in northwest Kenya and BDS 2008 in Chad.
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.
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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 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.
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Source:ERHC Energy Inc.