ERHC Energy Inc (ERHE)

Overview

ERHC Energy Inc. is a company focused on the exploration and exploitation of oil and gas resources, having a significant presence in Africa. With its inception in 1986, ERHC Energy has established itself as a player in the energy sector, concentrating its efforts on unearthing valuable oil and gas reserves across various African countries. The company's operations are strategically based in Houston, Texas, positioning it within a globally recognized energy hub. Through its active involvement in exploration projects, ERHC Energy aims to tap into the vast resources present in the continent, contributing to the energy market both locally and internationally.

Products and Services

ERHC Energy Inc. offers several key products and services within the oil and gas sector, focusing primarily on exploration and exploitation endeavors in Africa:

• Exploration Services: At the core of its operations, ERHC Energy is involved in the exploration of oil and gas. This involves detailed geological surveys, seismic data analysis, and drilling activities to identify potential oil and gas reserves in its targeted geographical areas. The focus on exploration allows ERHC to pinpoint valuable resources, laying the groundwork for further development and extraction processes.
• Working Interests in Exploration Acreage: ERHC Energy holds rights to working interests in significant exploration acreages across various African countries. These interests are primarily located in:
  • The Republic of Kenya, where ERHC delves into the potential oil and gas reserves within the country, aiming to discover commercially viable resources.
  • The Republic of Chad, where the company's involvement focuses on exploring and, eventually, exploiting the untapped oil and gas resources within the region.
  • The Joint Development Zone between the Democratic Republic of Sao Tome and Principe and the Federal Republic of Nigeria, an area renowned for its potential in offshore oil and gas deposits.
  • The exclusive economic zone of Sao Tome, where ERHC Energy explores the maritime boundaries in search of oil and gas reserves.
  These working interests signify ERHC's strategic investment in exploring and exploiting oil and gas reserves, promising a stake in any resulting production and revenue generation.