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ERCH bolsters potential in Southern Chad following airborne survey

29th October 2014

ERHC Energy Chad, a subsidiary of ERHC Energy, has announced that preliminary findings from an airborne gravity/magnetic survey of BDS 2008 in Southern Chad strongly confirm the viability of leads in two focus areas identified by ERHC's technical team after careful analysis of previously collected data

ERCH bolsters potential in Southern Chad following airborne survey
ERCH bolsters potential in Southern Chad following airborne survey

ERHC's sub-contractor, Bridgeporth, a specialist geosciences company, has completed the survey that began earlier this month.

"Bridgeporth conducted a precise data acquisition, and the first-order leveled raw free-air gravity and magnetic anomaly maps strongly confirm the viability of the leads," said Michael Shafie, ERHC's senior geoscientist. "The findings are very impressive. While final processing and interpretation is currently going on, our team is already discussing proposals for the requisite follow-on seismic survey."

The aerial survey, flown over 4,720-line kilometres, evaluated the hydrocarbon potential within ERHC's Block BDS 2008 in the area north of Esso's Tega and Maku discoveries in the Doseo basin and a second area situated east of and on trend with OPIC's Benoy-1 margin discovery in the Doba basin. Bridgeporth employed a three-sensor aircraft equipped with a GT-2A airborne gravity system for gravity recording and a G-822 Mobile Cesium Magnetometer for aeromagnetic recording. The aircraft was flown at an altitude of 150 meters.

ERHC is pursuing a rift margin play in BDS 2008 similar to exploration strategies that led to recent major discoveries in East Africa. ERHC's focus areas in the Block are located on a rift margin along the Central African Shear Zone. Regional stratigraphic mapping indicates the presence of alluvial fan deltas and lacustrine deltas in ERHC's areas of interest, which provide both reservoir and seal rocks.

The company has 100 per cent of the interest in BDS 2008. To spread risk, ERHC management continues to discuss the possibilities of a farm-in into Block BDS 2008 with potential partners.

In addition to its oil and gas exploration interests in the Republic of Chad, ERHC holds interests in the Republic of Kenya, the Sao Tome and Principe Exclusive Economic Zone (EEZ) and the Nigeria-Sao Tome and Principe Joint Development Zone (JDZ). Last month, ERHC announced it is proceeding with Exploration Phase 2 in Kenya Block 11A, committing to either acquire 3D seismic or proceed directly to drilling one exploration well during the next two years.

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