Who We Are
ERHC Energy is a visionary oil and gas company that sees opportunities before others and relishes the challenge of realizing the value of the hard work of our leadership and staff. To learn more about our company's strategy please visit our ERHC Energy videos page.
ERHC Energy is currently focused on exploiting its assets -- rights to working interests in oil and gas reserves in Sub-Saharan Africa.
In the Republic of Chad, ERHC has interests in three oil blocks – Block BDS 2008, Manga and Chari-Ouest Block 3. BDS 2008 and Chari-Ouest Block 3 lie next to the Doba Basin oilfield, which in 2010 had an average daily production of 122,500 barrels of crude oil per day. The Manga block is north of Lake Chad, along the border with Niger.
Additionally, the National Petroleum Agency of São Tomé & Príncipe (ANP-STP) on behalf of the Government of São Tomé and Principe has awarded ERHC 100 percent working interests in Blocks 4 and 11 of the São Tomé & Príncipe Exclusive Economic Zone (EEZ). ERHC also has the option to acquire up to a 15 percent paid working interest in another two blocks of ERHC’s choice. The Company would be responsible for its proportionate share of exploration and exploitation costs in the EEZ blocks.
ERHC has extensive interests in the Nigeria / São Tomé and Principe Joint Development Zone (JDZ) in the Gulf of Guinea. These interests include:
- JDZ Block 2: 22.0%
- JDZ Block 3: 10.0%
- JDZ Block 4: 19.5%
- JDZ Block 5: 15.0%
- JDZ Block 6: 15.0%
- JDZ Block 9: 20.0%
In the JDZ, ERHC strong alliances with Addax Petroleum and Sinopec Corp., both of which are experienced exploration and production companies. In August 2009, Addax and Sinopec began a coordinated exploratory drilling campaign encompassing JDZ Blocks 2, 3 and 4. A total of five wells were drilled during the initiative.
ERHC is also working to diversify its holdings and build upon its assets in the Gulf of Guinea through a carefully executed acquisition strategy aimed at viable revenue producing properties. Click here to download ERHC Energy's corporate brochure.
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