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Erin Energy Corporation - Reaches Agreement With Northern Offshore

Release Date: 29/06/2015 09:00:00      Code(s): ERN     
Erin Energy Corporation
(Formerly CAMAC Energy Inc)
(Incorporated and registered in Delaware,
United States of America)
Share code on the NYSE MKT: ERN
Share code on the JSE: ERN
ISIN: US1317452001
(?Erin Energy? or ?the Company?)

Erin Energy Reaches Agreement with Northern Offshore


HOUSTON June 29, 2015 ? Erin Energy Corporation (?Erin Energy? or the ?Company?) (NYSE
MKT: ERN) (JSE: ERN) announced today that it has reached an agreement with Northern
Offshore International Drilling Company Ltd. and Northern Offshore Limited to settle their
dispute relating to the drillship Energy Searcher.

Erin Energy Corporation is an independent oil and gas exploration and production company
focused on energy resources in sub-Saharan Africa. Its asset portfolio consists of 9 licenses
across 4 countries covering an area of 43,000 square kilometers (10 million acres), including
current production and other exploration projects offshore Nigeria, as well as exploration
licenses offshore Ghana, Kenya and Gambia, and onshore Kenya. Erin Energy is
headquartered in Houston, Texas, and is listed on the New York and Johannesburg Stock
Exchanges under the ticker symbol ERN. More information about Erin Energy can be found at
www.erinenergy.com.

Source: Erin Energy Corporation

Contact:

Lionel McBee, +1 713 797 2960
lionel.mcbee@erinenergy.com

Chris du Toit, +27 11 593 7301
chris.dutoit@erinenergy.com


Sponsor:
Sasfin Capital (a division of Sasfin Bank Limited)

29 June 2015

Date: 29/06/2015 09:00:00 Supplied by www.sharenet.co.za                     
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