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

Jan 27, 2015

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Dan Keeney

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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Page 1: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Central and Western Africa Exploration

19th Western Africa Oil/Gas & Energy Conference 2013

Page 2: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Introducing ERHC Energy Inc.

• Valuable E&P assets in Sub-Saharan Africa• Incorporated in Colorado and based in Texas,

USA• Publicly traded on the U.S. Over the Counter

Bulletin Board (OTCBB) – ERHE.OB• Market cap: ±$50 million – April 2013

Page 3: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

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 of Chad

• 2012 – Awarded Kenya Block 11A

Page 4: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Uniqueness of ERHC

• Home field advantage–Management and board connected with the

region– Significant investment by African business

interests• Proven ability of securing quality assets• Proven record of attracting technically and

financially capable strategic partners

Page 5: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Exploration Strategy:African Rift Play

Page 6: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

African Rift Play

Recent discoveries include Tullow’s #1

Ngamia in Kenya and OPIC’s #1 Benoy in

Chad.

The African Rift Play is one of the hottest trends in global oil

exploration.

Page 7: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

African Rift Play

The trend consists of numerous basins and

an associated complex fault system

Page 8: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Republic of Chad

Page 9: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

NigerCNPC largest playerCurrent Production: ~17,000 bbl/dUnconfirmed EUR: 1.0 BlnbblContinue to explore

Ndjamena 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 explore

Chad/Cameroon PipelineOperator: ExxonCapacity: 225,000 bbl/dUtilization: 115,000 bbl/dDistance: 1,070 kmPort: Cameroon loadingExpandable by adding pump stations

Republic of Chad•Proven Reserves are 1.5 Billion Bbls

Source International Petroleum Encyclopedia•Undeveloped Discoveries are 2.6 Billion Bbls, and 14.6 TCF of Gas

Source USGS, World Petroleum Resources Project

Sudan 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 bbl

Chari Ouest - Doba BasinOperator: Exxon (Esso)Current Production: 115,000 bbl/dPeak Production: 220,000 (2004)Reserves (remaining): 462 MMbblEUR: 795 mmbbl

ERHC BLOCKS

Page 10: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Block BDS 2008, Chad

Page 11: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

ERHC Leads in Chad

Page 12: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Opic Benoy #1 Discovery, Chad

Page 13: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Chad Infrastructure

Page 14: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Chad Work Plans

Page 15: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Republic of Kenya

Page 16: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Similarity between Rift Margin play in Kenya and Chad

Tullow OilKe

nya

Chad

Page 17: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Tullow #1 Ngamia Discovery, Kenya

Page 18: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

ERHC BDS 2008 “Lead A”

ESSO CHARI EAST - DOSEO

Esso Tega #1 – 8 MMBOE

SSE

ERHC Lead APTD 12800’ MD

NNW

1st Derivative RTE Magnetic Map

BDS 2008

ERHC BDS 2008

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

São Tomé and Príncipe Exclusive Economic Zone

Page 20: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

ERHCBlock 11

ERHCBlock 4

Page 21: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Fairway Plays

Cross section from Príncipe to Equatorial Guinea Margin Cretaceous and Tertiary sands from the continental margin extend over

the continental crust into the São Tomé EEZ

Page 22: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Similarity to Cretaceous Turbidite/Fan Plays Offshore Ghana

Page 23: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Nigeria - São Tomé and Príncipe Joint

Development Zone

Page 24: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Joint Development Zone between Nigeria and Sao Tome e Principe

Page 25: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Migration Pathway

Page 26: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Closing

• Exciting Prospectivity in West and Central Africa

• Opportunities onshore and offshore• ERHC is an established player and potential

partner• Visit: www.erhc.com

Page 27: ERHC Energy Inc. Presentation at 19th Western Africa Oil, Gas & Energy Conference 2013

Central and Western Africa Exploration

19th Western Africa Oil/Gas & Energy Conference 2013