ERIN ENERGY CORPORATION - Notification of the removal from listing and registration of the Stated Securities

Release Date: 10/05/2018 07:05
Code(s): ERN
 
Wrap Text
Notification of the removal from listing and registration of the Stated Securities

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 the removal from listing and registration of the Stated Securities

NYSE American LLC (the 'Exchange' or 'NYSE American') hereby notifies the Securities and
Exchange Commission ('SEC') of its intention to remove the entire class of Common Stock (the
'Common Stock') of Erin Energy Corporation (the 'Company') from listing and registration on the
Exchange on May 21, 2018, pursuant to the provisions of Rule 12d2-2(b), because, in the opinion of
the Exchange, the Common Stock is no longer suitable for continued listing and trading on the
Exchange.

The Exchange reached its decision to initiate delisting proceedings pursuant to Section 1003(a)(iv) of
the NYSE American Company Guide, based on the disclosure in the Company’s April 25, 2018 press
release, that it and certain of its subsidiaries announced that it has filed voluntary petitions under
Chapter 11 of the United Stated Code in the United States Bankruptcy Court for the Southern District
of Texas, Houston Division. The Exchange, on April 26, 2018, determined that the Common Stock of
the Company should be suspended from trading, and directed the preparation and filing with the
Commission of this application for the removal of the Common Stock from listing and registration on
the Exchange. The Company was notified by phone on April 25, 2018 and by letter on April 27, 2018.
The Company had a right to appeal the determination to delist the Common Stock by a Committee of
the Board of Directors of the Exchange, provided that it filed a written request for such a review with
the Secretary of the Exchange within seven calendar days of receiving notice of the delisting
determination.

The Company did not file such request within the specified time period. Consequently, all conditions
precedent under SEC Rule 12d2-2(b) to the filing of this application have been satisfied.

For more information about Erin Energy, please call +1 713 797 2940 or visit www.erinenergy.com.

Contact:

Lionel McBee, +1 713 797 2960
Director, Investor Relations
lionel.mcbee@erinenergy.com


Delaware
10 May 2018

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

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