Business NewsMarketWire • Republic of Chad Awards ERHC Energy Inc. Three Oil Blocks for Exploration and Development

Republic of Chad Awards ERHC Energy Inc. Three Oil Blocks for Exploration and Development

Republic of Chad Awards ERHC Energy Inc. Three Oil Blocks for Exploration and Development

HOUSTON, TX--(Marketwire - Jun 30, 2011) - ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in West Africa, today announced that the government of the Republic of Chad has formally awarded the company three oil blocks for exploration and development. The company expects to announce a concluded production sharing contract in respect of the blocks as early as next week. ERHC's financial officer, Mr. Sylvan Odobulu, has led a team of legal, technical and financial experts in negotiating the production sharing contract on behalf of ERHC.

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Republic of Chad Awards ERHC Energy Inc. Three Oil Blocks for Exploration and Development