Notification of late filing of its Quarterly Report for the quarterly period ended March 31 2018 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”) Notification of late filing of its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2018 On April 25, 2018 Erin Energy Corporation and certain of its subsidiaries (together “Erin Energy” or the “Company”), filed voluntary petitions under Chapter 11 of the United States Code (the "Code") in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Court") to pursue a plan of reorganization (the "Reorganization Plan"). Erin Energy and its subsidiaries will continue to operate under the jurisdiction of the Court and in accordance with the applicable provisions of the Code and the orders of the Court. To ensure ordinary operations, Erin Energy is seeking approval from the Court for a variety of motions, including authority to maintain bank accounts and other customary relief. The Company is in the process of looking for a source of debtor in possession financing to provide it with the necessary working capital to continue its operations and move towards a successful Reorganization Plan. As a result of the foregoing, the Company is unable to file its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2018 (the “Quarterly Report”) within the prescribed time period because the Company requires additional time to prepare and review certain information in its financial statements. The delay could not be eliminated without unreasonable effort or expense. Although the Company continues to work to conclude the preparation and review of the Form 10-Q and plans to file the Form 10-Q as soon as practicable, the Company does not anticipate filing the Form 10-Q within the five-day period provided by Rule 12b-25 under the Securities Exchange Act of 1934, as amended. Houston 9 May 2018 JSE Sponsor: Sasfin Capital (a member of the Sasfin group) Date: 09/05/2018 08:57:00 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.