ERHC Energy Chad Contracts Bridgeporth for airborne gravity/magnetic survey of BDS 2008 in Chad

ERHC Energy Chad has announced the award of a contract for acquisition, processing and interpretation of gravity/magnetic data of BDS 2008 in Chad to Bridgeporth Ltd., a specialist geosciences company. Under terms of the agreement, Bridgeporth will fly 4720 line km over BDS 2008 in southern Chad commencing in the third quarter of the year. ERHC Energy Chad is a subsidiary of ERHC Energy Inc. a publicly traded American company with oil and gas assets in Sub-Saharan Africa.

ERHC has 100% of the interest in BDS 2008. The Block is located on the northern edge of the Doba and Doseo basin, the site of active exploration and development projects with discoveries exceeding 1290 million BOE. Bridgeporth's survey will focus on two main areas: north of Esso's Tega and Maku discoveries in the Doseo basin; and east of and on trend with OPIC's Benoy-1 margin discovery in the Doba basin.

"We were impressed with Bridgeporth's work in the early stages of ERHC's oil and gas exploration work program in Kenya and we are happy to bring them onboard for our program in Chad," said ERHC President and CEO Peter Ntephe. "As we saw firsthand in Kenya, we expect this gravity/magnetic data will enable the exploration team in Chad identify the most prospective areas for acquisition of 2D seismic data, which is the next step in the work programme.

Earlier this spring, ERHC received the arrêté (decree) of the President of Chad giving presidential seal of approval to the Company's retention of oil exploration Block BDS 2008 and voluntary relinquishment of the two other Blocks that were also contained in the PSC. The receipt of the Presidential Order enables ERHC to focus its exploration activities on Block BDS 2008 and revamp its discussions with potential farm-in partners. Based on its current understanding of available data, ERHC estimates the un-risked resource potential in the two focus areas in BDS 2008 to be 250 million bbls of oil equivalent.

In addition to its oil and gas exploration interests in the Republic of Chad, ERHC holds interests in the Republic of Kenya, the Sao Tome and Principe Exclusive Economic Zone (EEZ) and the Nigeria-Sao Tome and Principe Joint Development Zone (JDZ).

Adapted from a press release by David Bizley

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