StockGuru Shines its Spotlight on ERHC Energy Inc. (OTCBB: ERHE) As It Announces the Start of EEZ PSC Negotiations, Addition to Technical Team — November 17, 2011
Dallas, Texas (November 17, 2011) – StockGuru Shines its Spotlight on ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in Sub-Saharan Africa, It announced yesterday the commencement of formal Production Sharing Contract (PSC) negotiations with the National Petroleum Agency of São Tomé and Príncipe (ANP-STP). The Company also announced the addition of Peter Kinyua Thuo, PhD. to its technical team. It closed on November 16, 2011, at $14.50, trading in a fifty-two week range of $16.09 – 13.70.