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ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013


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This is the presentation delivered by ERHC Energy Inc. President and CEO Peter Ntephe at the 19th Western Africa Oil, Gas & Energy Conference 2013, held in Windhoek on April 23, 2013.

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ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

  1. 1. Central and WesternAfrica Exploration19th Western Africa Oil/Gas& Energy Conference 2013
  2. 2. Introducing ERHC Energy Inc.• Valuable E&P assets in Sub-Saharan Africa• Incorporated in Colorado and based inTexas, USA• Publicly traded on the U.S. Over the CounterBulletin Board (OTCBB) – ERHE.OB• Market cap: ±$50 million – April 2013
  3. 3. Brief History• Through 2009–Primary focus on deepwater JDZ assets–Unexpected results from drilling in the JDZ• 2010 – Awarded two Blocks in Sao Tome &Principe EEZ• 2011 – Awarded three Blocks in Republic ofChad• 2012 – Awarded Kenya Block 11A
  4. 4. Uniqueness of ERHC• Home field advantage–Management and board connected with theregion–Significant investment by African businessinterests• Proven ability of securing quality assets• Proven record of attracting technically andfinancially capable strategic partners
  5. 5. Exploration Strategy:African Rift Play
  6. 6. African Rift PlayRecent discoveriesinclude Tullow’s#1 Ngamia inKenya and OPIC’s#1 Benoy in Chad.The African RiftPlay is one of thehottest trends inglobal oilexploration.
  7. 7. African Rift PlayThe trend consists ofnumerous basins andan associatedcomplex fault system
  8. 8. Republic of Chad
  9. 9. NigerCNPC largest playerCurrent Production: ~17,000 bbl/dUnconfirmed EUR: 1.0 BlnbblContinue to exploreNdjamena RefineryOperator: CNPCCapacity: 20,000 bbl/d expandableto 60,000 bbl/dOnline Date: June 2011Supply: Block H Area II (CNPC)Block H Area IIOperator: CNPC (Former EnCana)Expected Production: ~17,000 bbl/dReserves (remaining): 85 MMbblOOIP: 700 mmbbl (CNPC)Continue to exploreChad/Cameroon PipelineOperator: ExxonCapacity: 225,000 bbl/dUtilization: 115,000 bbl/dDistance: 1,070 kmPort: Cameroon loadingExpandable by adding pump stationsRepublic of Chad•Proven Reserves are 1.5 Billion BblsSource International Petroleum Encyclopedia•Undeveloped Discoveries are 2.6 Billion Bbls, and 14.6 TCFof GasSource USGS, World Petroleum Resources ProjectSudan All FieldsKey Operators: CNPC & ConsortiumsCurrent Production: 465,000 bbl/dPeak Production: 538,000 bbl/d (2011)Reserves (remaining): 1.96 Bln bblsEUR: 3.0 Bln bblsKey basins: Muglad, MelutWells Drilled: 300Commercial & Technical Success: 60%Greater Nile Oil ProjectOperator: GNPOC (Formerly Arakis)Current Production: 203,000 bbl/dPeak Production: 300,000 bbl/d (2004)Reserves (remaining): 662 MMbblEUR: 1.49 Bln bblChari Ouest - Doba BasinOperator: Exxon (Esso)Current Production: 115,000 bbl/dPeak Production: 220,000 (2004)Reserves (remaining): 462 MMbblEUR: 795 mmbblERHC BLOCKS
  10. 10. Block BDS 2008, Chad
  11. 11. ERHC Leads in Chad
  12. 12. Opic Benoy #1 Discovery, Chad
  13. 13. Chad Infrastructure
  14. 14. Chad Work Plans
  15. 15. Republic of Kenya
  16. 16. Similarity between Rift Margin play inKenya and ChadTullow OilKenyaChad
  17. 17. Tullow #1 Ngamia Discovery, Kenya
  18. 18. ERHC BDS 2008 “Lead A”ESSO CHARI EAST - DOSEOEsso Tega #1 – 8 MMBOESSEERHC Lead APTD 12800’ MDNNW1st Derivative RTE Magnetic MapERHC BDS 2008
  19. 19. São Tomé and PríncipeExclusive Economic Zone
  20. 20. ERHCBlock 11ERHCBlock 4
  21. 21. Fairway PlaysCross section from Príncipe to Equatorial Guinea Margin Cretaceous and Tertiary sands from the continental margin extend overthe continental crust into the São Tomé EEZ
  22. 22. Similarity to Cretaceous Turbidite/FanPlays Offshore Ghana
  23. 23. Nigeria - São Tomé andPríncipe JointDevelopment Zone
  24. 24. Joint Development Zone betweenNigeria and Sao Tome e Principe
  25. 25. Migration Pathway
  26. 26. Closing• Exciting Prospectivity in West and CentralAfrica• Opportunities onshore and offshore• ERHC is an established player and potentialpartner• Visit:
  27. 27. Central and WesternAfrica Exploration19th Western Africa Oil/Gas& Energy Conference 2013