Erin Energy Announces the Spud of Oyo-9 Well 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 the Spud of Oyo-9 Well HOUSTON, August 14, 2017 - Erin Energy Corporation (“Erin Energy” or the “Company”) (NYSE MKT:ERN) (JSE:ERN) today announced it has commenced drilling of the Oyo-9 well (Oyo-9). Oyo-9 is being drilled with the Pacific Bora sixth-generation drilling rig on the Oyo field offshore Nigeria. The well is expected to take approximately 62 days to drill and complete. The tie-in of the well to the FPSO for production commencement is expected in the later part of the fourth-quarter 2017. The well is expected to add an additional 6,000 to 7,000 barrels of oil per day to the field’s current production. About Erin Energy 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 kilometers (~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 ERN. 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. Source: Erin Energy Corporation Contact: Lionel McBee, +1 713 797 2960 Director, Investor Relations and Corporate Communications lionel.mcbee@erinenergy.com Houston 14 August 2017 Sponsor: Sasfin Capital (a member of the Sasfin Group) Date: 14/08/2017 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.