ERIN ENERGY CORPORATION - NT 10-Q Notification that Quarterly Report will be submitted late

Release Date: 10/07/2018 07:05
Code(s): ERN
Wrap Text
NT 10-Q Notification that Quarterly Report will be submitted late

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 June 30,

Erin Energy Corporation (the “Company”) is filing this Form 12b-25 with respect to its quarterly report
on Form 10-Q for the period ended June 30, 2018 (the “Quarterly Report”). The Company was unable
to file the Quarterly Report with the Securities and Exchange Commission within the prescribed time
period due to the circumstances described below.

 As previously disclosed, on April 25, 2018 Erin Energy Corporation and certain of its subsidiaries
(together “Erin Energy” or the “Company”), filed voluntary petitions for reorganization under Chapter
11 of the United States Code in the United States Bankruptcy Court for the Southern District of Texas,
Houston Division. In the time since their filing, the Chapter 11 Cases have required substantial
management time and attention, which disrupted the Company’s normal closing procedures for the
Quarterly Report. Management of the Company is working to compile the required disclosure;
however, the foregoing issues have caused the Company to be unable to compile all information
necessary to prepare and file the Quarterly Report within the prescribed period without unreasonable
effort or expense.

The Company is currently unable to predict when it will be in a position to file the Quarterly Report .

10 June 2018

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

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