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ERIN ENERGY CORPORATION - Announces Audit Opinion

Release Date: 24/03/2017 07:07:00      Code(s): ERN     
Erin Energy Corporation
(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 Announces Audit Opinion

HOUSTON--(BUSINESS WIRE)-- Erin Energy Corporation (?Erin Energy? or the ?Company?) (NYSE
MKT:ERN) (JSE:ERN) today announced as previously disclosed in its Annual Report on Form 10-K
for the year ended December 31, 2016, which was filed on March 16, 2017 contained an unqualified
audit opinion from its independent registered public accounting firm that included an explanatory
paragraph related to the Company?s ability to continue as a going concern. This announcement does
not represent any change or amendment to the Company?s consolidated financial statements or to its
Annual Report on Form 10-K for the fiscal year ended December 31, 2016.

This announcement is made pursuant to NYSE MKT Company Guide, Section 610(b), which requires
separate disclosure of receipt of an audit opinion containing a going concern qualification.

A copy of the Annual Report on Form 10-K is available to be viewed or downloaded within the
Investors section of the Company?s website at www.erinenergy.com. A hardcopy of its complete
audited financial statements can also be obtained free of charge by contacting Erin Energy?s Investor
Relations department.

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 7 licenses across 4
countries covering an area of 19,000 square kilometres (~5 million acres), including current
production and other exploration projects offshore Nigeria, as well as exploration licenses
offshore Ghana and The 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

For more information about Erin Energy or to request a hard copy of the Company?s most recent
complete audited financial statements free of charge, please call +1 713 797 2940 or
visit www.erinenergy.com.

View source version on
businesswire.com: http://www.businesswire.com/news/home/20170323006268/en/
Source: Erin Energy Corporation
Erin Energy Corporation

Lionel McBee, 1 713-797-2960
Director, Investor Relations and Corporate Communications

24 March 2017

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

Date: 24/03/2017 07:07:00 Supplied by www.sharenet.co.za                     
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