Erin Energy Corporation Who we are and what we do Erin Energy Corporation is an independent oil and gas exploration and production company focused on energy resources in sub-Saharan Africa…
Our Company at a Glance We are a global E&P company with a leading Sub-Saharan Africa portfolio that is well positioned to provide exceptional value for shareholders NIGERIA Offshore Gross Interest Partner Status 2P / 2C Comment Acres…
Near-Term Catalysts Production expected by year-end 2017 7,000 BOPD tied back to existing infrastructure Oyo-9 No additional operating costs (tie-back to existing Armada Perdana FPSO) Significantly reduces breakeven cost per…
2017 Development Drilling Oyo-9 2H 2017 Project Nigeria OML 120 Oyo NW Oyo-9 Oyo-9 Erin Energy Provide additional drainage point in the Oyo Central field T1A reservoir, by drilling and completing in the western…
Nigeria: Oyo-9 Current Operations Pacific Bora drilling rig arrived at the Oyo-9 field in deepwater offshore Nigeria on August, 1st 2017 Oyo-9 has been spud as of August, 11th 2017 Drilling and completion is estimated to last 62…
Drill-Ready Exploration Wells Nigeria OMLs 120 and 121 Overview Prolific Western Niger Delta ( 40 Billion Barrels Discovered) Oyo NW Flanked by the Giant Fields Bonga, Erha & Bosi Production Facilities on the Block Prioritized…
Oyo NW Prospect - Ikon Science: Quantitative Interpretation Geophysical Study Erin contracted Ikon to conduct a third party assessment of the prospect…
Strategic Corporate Goals Matrix of Erins strategic goals Nigeria Ghana Gambia M&A / Other Increase Production Await resolution of boundary reduce AP Stabilise Cash Flow issue Near Term Interpreting new 3D seismic Convert…
Reserves with High-Impact Upside Potential Estimated 2P reserves and 2C resources add up Prospective resource base of up to 3.6 bboe to 101 mmboe at 2016 year-end contributed from the various prospects in OMLs 2P proved reserves of…
Our Team Experienced and diverse international management team 1 2 4 3 5 Femi Ayoade Carl Scharpf 1. Masters (Petroleum Engineering), University of Houston 3. MSc (Geology), University of Cincinnati Chief Executive Officer VP,…
The Board Distinguished Board of Directors 1 2. 3 4 5 6 7 Frank Ingriselli 1 Chairman, Independent Director John Rudley 5 Independent Director Mr. Ingriselli serves as the President and Chief Executive Officer of Blackhawk…
Summary Asset portfolio consists of 5 licenses across 3 countries covering a gross position of 6,100km2 (1.5 million acres) Currently 1 producing well in Nigeria (Oyo 8), producing 5,100 BOPD Oyo-9 production expected end of Q417 -…
Contact us For more information: www.erinenergy.com NYSE MKT: ERN I JSE: ERN Main +1 713 797 2940 Investor Relations +1 713 797 2960 Media +1 713 797 2960 Erin Energy Corporation Corporate Headquarters 1330 Post Oak Blvd., Suite…