ERHC Energy Inc (EM) (ERHE)

And you still cant provide proof of your hyperbole.

Got it. Still hard to understand why erhc let it all slip away, especially since "billionaire" Offor should have easily been able to help get the taxes paid. It all shines a bright spotlight on Ntephe and his complete failure to execute his fiduciary duties to erhe shareholders even though he continues to pretend to be a ceo at conferences and interviews while hiding the truth about erhc since 2017.

You're right, that wasn't very clear.

My intended meaning for "uncertain" was to say that, back when a transfer could have been made (i.e., before the Block 4 PSC was signed with Shell), it wasn't even clear that ERHC still had any rights that they could have exchanged because of the reports that STP had stripped those rights due to failure to pay taxes owed.



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Curious why you classify erhc's rights to EEZ block 4 as "uncertain". In all recent mentions of block 4 erhc is conspicuously not included. What reasons to believe that erhc has not either given up their block 4 rights or they were just taken away?

Link?

The trading of interests between blocks would be material information which, by law, must be reported to shareholders. Additionally, it would require updates to PSCs to delineate the revised holdings of the parties and that did not happen.

And you say 2 blocks. Is that a typo? At last count ERHC only had (uncertain) rights to EEZ Block 4, having sold their Block 11 rights to Kosmos in 2015.



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We believe our 2 blocks were traded for interest in many other blocks in EEZ. $$$$$$$

Explain how thats going to happen when they dont own any rights in this offering? Notice ERHE isnt even mentioned?

Another good find kingpin. Quite a list of players there:
Current active companies in the archipelago—including Shell, TotalEnergies, Petrobras, Galp Energia, Kosmos Energy, and Oando—are eyeing these blocks, alongside new entrants
Of course there is no mention of erhc in the entire article. What a shame Ntephe couldn't manage to hold on to erhc's100% interests in blocks 4 and 11. Anyone know the status of the 2 15% options? Judging by the stock price those are gone as well, but I could be wrong. Management has not issued a shareholder update since 2017.

Time to start vacationing, getting that 80’ cruiser ready to sail??Erhe will bust out at least $9.  Probably more. $25. Possible. 

Sao Tome & Principe aims to finalize production sharing contracts (PSCs) by the end of 2026 for three ultra-deepwater blocks currently offered under a fast-track licensing round. According to Alvaro Silva, executive director of the state oil company and regulator ANP-STP, the country expects to negotiate these contracts by October or November 2026, following the bid deadline at the end of the current month. The blocks in question—7, 8, and 9—are located off the islands' west coasts, an area that has drawn increased industry attention after Shell's Falcao-1X wildcat in Block 10, north of Sao Tome, confirmed a working petroleum system in 2025. This discovery, along with Galp Energia's Jaca-1X wildcat in Block 6 east of Sao Tome in 2022, has significantly boosted interest in the western plays, with many companies approaching the agency since 2024.Silva emphasized that the country's legislation mandates a competitive bidding process for oil and gas acreage, preventing direct negotiations. Once companies express interest in a block, it must be offered through a licensing round, as was done for blocks 7, 8, and 9. Current active companies in the archipelago—including Shell, TotalEnergies, Petrobras, Galp Energia, Kosmos Energy, and Oando—are eyeing these blocks, alongside new entrants. Silva noted that industry feedback indicates confidence in the presence of oil in Sao Tome & Principe, with companies committed to staying. Planned offshore activities include a seismic survey by Shell in Block 4 in 2027, and TGS may gather new multi-client data in 2026.Looking ahead to potential financial inflows from a commercial oil project, Silva expressed optimism that the country could manage these resources "a little better than other countries," citing a legal framework designed for good governance and best practices. However, he cautioned that the handling of this revenue stream will ultimately depend on how leaders "take care of this wealth." The update was provided during an exploration panel at Upstream's Global Development & Decarbonisation Week 2026, a free virtual series held from 15–19 June 2026, exploring the evolution of oil and gas projects across regions, technologies, and markets.18 June 2026
https://newvision.io/industry-digest/sao-tome-targets-fast-track-conclusion-to-licensing-round


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Right

Krombacher was amusing. Droning on about the imaginary shorts living in his head 24/7

Well... Now, who invested over a million dollars in this company... ???

Someone or some small group that believed Krombacher on his 'word' ?

Someone or some small group that already burned themselves by listening to Krombacher's BS, but thought: heck, let's throw another cool million at this unsubstantiated BS by some guy we don't know.... (?)

I think it's more deflection by the mother Teresa gang.... right?

It's sad that the only thing to post about here is the posting habits of others. Even sadder.....this is very likely the only thing left here....in our lifetimes. Even sadder than that.... is that there are many who believed a con man and threw thousands of $ away based on unlikely scenarios including the $8 short squeeze scam.
Now, who invested over a million dollars in this company... ???

... and was that million dollar investment really based on Krombacher's easy to debunk bs?

I don't think so... !

Go figure.

By the way, interesting article:

https://www.nytimes.com/2026/06/02/business/dealbook/andrew-left-convicted-fraud.html

JeezzzzGo $$$sQuit playing around. 

Fung, that is a not quite so accurate deflection post. You're a bit to 'eager' ... I haven't reached the 'decade' yet...

I followed nwtf for a valid reason: over there nwtf also doesn't own shares...

Krombacher was right all along... even I didn't believe the otc-shorter narrative...

But it's true, it's the only valid explanation.

No one in their right mind would spend a decade posting 24/7 on a sub penny stock board without af financial interest.

Badog also seems to not be able to let go... aka the 911 dispatchers...

I know now for sure everything I wanted to know.

The deflection posts will keep coming... for a reason.

I wish you guys good luck, you will need it. As long as the ticker is up... the axe can fall at any time.

is that there are many who believed a con man and threw thousands of $ away based on unlikely scenarios including the $8 short squeeze scam.
Badog, thousands? You mean: OVER A MILLION... just by listening to Krombacher's easy to debunk narratives, and without any facts supporting those claims by Krombacher...

Do you believe it yourself... ? I don't think so...

It's just deflection by you.

Yes. That’s why I said it should have been fact-checked.

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You do understand that AI just regurgitates info found on the internet, right? For all you know, these nutty posts on IHUB could be their source of information.

Sadly and disgracefully, that paragraph sounds a lot like the false and misleading info that still appears on erhc's website. And apparently ntephe is still pretending to be a real ceo at these conferences in Africa. It would be interesting to hear how he "shares insights into these projects". Maybe a history of what not to do.

From erhc.com:
ERHC Energy's operations are focused on Sub Saharan Africa. It holds onshore oil and gas exploration interests in Chad and Kenya as well as deepwater interests in the Gulf of Guinea. Operations include the following:
Republic of Chad
Republic of Kenya
São Tomé & Principe’s Exclusive Economic Zone (EEZ)
and it describes interests in those areas but fails to mention erhc no longer holds those interests. Don't blame Artificial Intelligence for erhc's intentionally misleading and false information.

You’d think people would have learned to fact check AI by now. At least, I hope was written by AI.

Meanwhile, as an American publicly-traded company with a focus on sub-Saharan Africa, ERHC Energy Inc has centered its operations around de-risked exploration, cost efficient development and high-margin production. The company has stakes in Kenya’s Block 11A, and while no wells have been drilled to date, the acreage offers promising geology and is supported by extensive 2D seismic coverage. In Chad, ERHC Energy Inc has stakes in three oil blocks in the Doseo and Doba Basins, while in the Joint Development Zones between Nigeria and São Tomé and Príncipe, has exposure to six of the areas nine blocks. Peter Ntephe, CEO, ERHC Energy Inc, joins AEW 2026, where he is expected to share insights into these projects.


https://aecweek.com/news/africa-focused-independents-expand-aew-2026-speaker-lineup-exploration-accelerates




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Badog,

Just for your peace of mind: it's over with ERHC, 99% sure.

Longs will hold on to their shares either way, in case the unexpected happens.

You don't have shares, be careful managing your time in life. Either way you will not make money here.

Playing 911 dispatcher here without any justifiable reason is not smart. And you've got proof it doesn't work anyway... over a $1.000.000,- worth of worthless shares were bought, despite over 10.000 upsetting warning posts not to buy into this non-reporting company... evidently people don't listen, maybe they got other more tangible motivations than a few unknown posters.

I couldn't get my friends to invest a $100,- each here...

The average intelligent reader here has a pretty clear picture why some without shares just can't seem to let go of ERHC and move on... even the boogie man has been long gone. And yet you still monitor this board daily, like a 911 dispatcher.

No answer, is also an answer.

Max.

Fung,

That is a big post... I'm sure that took some time.

Are you absolutely sure that you don't have a financial interest here?

Sorry Max.....you are going on ignore. You are a zero value poster.

Badog

So you arent going to answer the question? Plus you just drop out of nowhere and find the ERHE board?

Funny. You won't answer the very question you make assumptions about because others won't answer you.
How do you criticize posters for accurately warning people? You don't realize you portray them as heroes and you as the villain?

fung:
With that thought, why do you post here? I never see you provide information
I post here because I wonder why some people monitor this board more closely than a 911 dispatcher... but don't own shares, worth more than an icecream.

I never saw you provide company information either... not out of the ordinary since this company isn't filing or communicating...

Then you ask a longtime holder with 50 million shares:
Watching this stock do nothing is your hobby?

May I ask, is it your hobby? You're monitoring this board pretty closely I noticed... without any financial interest, you claim. It seems to be your hobby for sure. A real hobby...

Are you sincere here?

nwtf:
Why do you care?
So, you don't want to tell me, evidently.

I think most readers have an idea by now why you guys follow this board more closely than a 911 dispatcher.

Isn't that a bit odd, with an icecream worth of shares?

And also please explain...

How could you guys not stop a ONE MILLION DOLLAR investment in ERHC... with a combined fifteen thousands warning posts?

I don't get that... I can't get my friends to invest even a thousands bucks in this non-reporting company!

And what do you imagine the reason is?
With that thought, why do you post here? I never see you provide information. I never see you ask questions that directly relate to the company. You just want to know why are some are here posting along side you and others purportedly bought a ton of shares but is currently hiding.
Watching this stock do nothing is your hobby?

Why do you care? Why do you post more about others motives(against the TOS FYI) than about this company. Another thing of note---you just parachuted in to here out of nowhere and feign this great concern about motives. So what was you handle before this one?

It still isn't clear (understatement) why a few share-less people are monitoring this ERHE board like they are 911 dispatchers... for years by now.

Evidently it is of great importance to them...

It still isn't clear why someone (small group, max) bought over a million dollars of this non-reporting stock, despite thousands of warning posts not to do so... and not to listen to a certain poster who spreads (used to spread, that is) pie in the sky posts.