Erin Energy common stock expected to begin trading on the OTC
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
Erin Energy Corporation announces common stock expected to begin trading on the OTC
(Over The Counter)
HOUSTON, April 26, 2018 - Erin Energy Corporation and certain of its subsidiaries (together
“Erin Energy” or the “Company”) (NYSE American:ERN) (JSE:ERN), today announced that it
received notification from the New York Stock Exchange (NYSE) that the NYSE has
commenced proceedings to delist the Company’s common stock as a result of the Company
filing voluntary petitions under Chapter 11 of the United States Code in the United States
Bankruptcy Court for the Southern District of Texas, Houston Division on April 25, 2018. The
NYSE suspended trading in the Company’s common stock effective April 26, 2018.
The NYSE stated that it will apply to the Securities and Exchange Commission (SEC) to
delist the Company’s common stock upon completion of all applicable procedures, including
any appeal by the Company of the NYSE’s determination. The Company intends to appeal
the delisting determination.
The Company anticipates that its common stock will begin trading on the OTC on April 27,
2018, under the ticker symbol ERINQ.
Erin Energy Corporation
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 5 licenses
across 3 countries covering an area of 6,100 square kilometers (~1.5 million acres),
including current production and other exploration projects offshore Nigeria, as well as
exploration licenses offshore Ghana and The Gambia. 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
Lionel McBee, +1 713 797 2960
Director, Investor Relations
30 April 2018
JSE Sponsor: Sasfin Capital (a member of the Sasfin group)
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