ERHC Energy completes FTG survey of Kenya block

1/7/2014

ERHC Energy completes FTG survey of Kenya block

HOUSTON -- ERHC Energy Inc., a publicly-traded company with oil and gas assets in Sub-Saharan Africa, has completed an airborne Full Tensor Gravity Gradiometry (FTG) survey of Block 11A in northwestern Kenya.

Bell Geospace, which flew the FTG on ERHC's behalf, acquired a total 14,943.8 line km.

ERHC is already advanced in the process of awarding the contract for a 2D seismic survey of at least 1,000 km in the Block in compliance with the work program. The seismic survey, which is expected to commence within this quarter, will be premised on structural mapping of prospective basins enabled by the FTG survey.

Shortly after the FTG survey commenced, ERHC Energy announced that preliminary results confirmed that the Lotikipi basin extends into Block 11A. Final results are expected to significantly advance the exploration team's understanding of the internal structure of the Lotikipi rift basin and enable the identification of the most prospective areas.

ERHC is the operator of Block 11A, which encompasses approximately 11,950 sq km or 2.95 million acres, and is located to the northwest of the Lokichar basin where the significant Ekales-1, Ngamia-1 and Twiga South-1 oil discoveries were drilled. A farm-out agreement with an integrated oil and gas company, which includes a carry and other considerations, is pending approval from the government of the Republic of Kenya.

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