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ERIN ENERGY CORPORATION - Erin Energy provides update in Ghana

Release Date: 26/09/2017 14:53
Code(s): ERN     PDF:  
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Erin Energy provides update in Ghana

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 PROVIDES UPDATE IN GHANA

FINAL JUDGEMENT ISSUED BY ITLOS ON MARITIME BOUNDARY ARBITRATION
BETWEEN GHANA AND COTE D IVOIRE

HOUSTON--(BUSINESS WIRE)-- Erin Energy Corporation (Erin Energy or the Company) (NYSE
American:ERN) (JSE:ERN) announced today that the Special Chamber of the International
Tribunal of the Law of the Sea (ITLOS) in Hamburg issued its final judgement with regard to the
maritime boundary dispute between Ghana and Côte d’Ivoire.

The maritime boundary delimited by the Special Chamber’s decision does not negatively impact any
of the discovered fields on the Company’s Expanded Shallow Water Tano (ESWT) block. The
Company is working with the Government of Ghana and its partners to progress operational activities
and planning of the 3D marine seismic survey. The decision also has no negative impact or otherwise
on the company’s interests in Ghana. The Company has 337,000 acres in Ghana, and has three
discovered fields with 2C resources.

Further information on the Special Chamber’s decision and a map of the maritime border may be
found by following this
link: https://www.itlos.org/fileadmin/itlos/documents/press_releases_english/PR_264_EN.pdf

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.




View source version on
businesswire.com: http://www.businesswire.com/news/home/20170926005873/en/
Source: Erin Energy Corporation

Erin Energy Corporation


Lionel McBee, 1 713-797-2960


Director, Investor Relations and Corporate Communications

lionel.mcbee@erinenergy.com

Houston

26 September 2017

Sponsor: Sasfin Capital (a member of the Sasfin group)

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