ERHC Energy to Present at 2008 Global Investment Symposium
HOUSTON, August 6, 2008 – ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in the highly prospective Gulf of Guinea off the coast of central West Africa, today announced that its senior executives will present at the 2008 Global Investment Symposium at the Burj Al Arab Hotel in Dubai.
Hosted by Nortia Capital in partnership with Emirates Capital and Floyd Associates in partnership with Nortia Capital, the 2008 Global Investment Symposium will be held October 26-28, 2008. It is expected to provide ERHC an opportunity to present and network with more than 100 international investors, investment bankers and fund managers.
“This one of a kind event is an opportunity for small-cap companies to meet with top financial institutions from throughout the Gulf region,” said Ross DiMaggio, CEO at Nortia Investment Events.
ERHC Energy’s principal presenter will be Chief Operating Officer Peter Ntephe, the Company’s acting president and chief executive officer. David Bovell, Vice President Corporate Development, will also be in attendance to meet personally with investors. ERHC’s presentation is scheduled for Monday, October 27, 2008.
A Webcast of the presentation will be available for investors unable to attend. Information on accessing the Webcast will be announced later. The conference brochure can be downloaded at www.floyd-associates.com/Dubai2.pdf.
“We are delighted to have high profile companies such as ERHC present in the upcoming Global Investment Symposium in Dubai,” said Nima Montazeri, Managing Director at Floyd Associates. “This event is anticipated to be well attended by individual and institutional investors from the Gulf Cooperation Council countries and from around the world.”
Participation in the 2008 Global Investment Symposium is part of ERHC Energy’s strategy to take its story to investors in the U.S. and international markets. Currently, ERHC representatives are participating in the Nigeria São Tomé & Príncipe Joint Development Authority “Investment Forum 2008” in São Tomé & Príncipe. Earlier this summer, the Company’s management team presented at the RedChip Small Cap Investors Conference in San Francisco, the Growth Company Investors Show in London and the Sub Saharan Africa Oil & Gas Conference in Houston. ERHC also participated at the Nortia Capital Partners’ Equities Conference by the Beach in Atlantic City.
ERHC Energy has interests in six of the nine Blocks in the Joint Development Zone between Nigeria and the Democratic Republic of São Tomé & Príncipe off the coast of central West Africa. The Company has additional interests in the territorial waters of Democratic Republic of São Tomé & Príncipe known as the Exclusive Economic Zone (EEZ).
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 shareholders’ meetings, response to the Senate Subcommittee investigation, developments in the SEC investigation of the Company and related proceedings, 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 the JDZ and the exclusive territorial waters 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.