Erin Energy Corp. and certain of its subsidiaries , today announced that it received notification from the New York Stock Exchange 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 [...]
Erin Energy Corp. and certain of its subsidiaries , today announced that they had filed voluntary petitions under Chapter 11 of the United States Code in the United States Bankruptcy Court for the Southern District of Texas, Houston Division to pursue a plan of reorganization . Erin Energy and its subsidiaries will continue to operate under the [...]
Erin Energy Corp. announced today unaudited financial and operational results for the year ended December 31, 2017. The Company intends to file its audited financials and Annual Report on Form 10-K for the year ended December 31, 2017 with the Securities and Exchange Commission after close of market on Friday, March 16, 2018. 2017 Highlights: Crude [...]
Erin Energy Corp. today responded to recent media reports regarding its Oyo field operations, calling the articles inaccurate. Most of the articles’ content, which appeared in print and online, contained nearly identical text, indicating it was likely sourced from an unidentified third party. The articles erroneously contended that a Nigerian [...]
Erin Energy Corp. has scheduled release of its 2017 fourth-quarterly results and filing of its 2017 annual report on Form 10-K to occur after close of market on Thursday, March 15, 2018. The Company will host a conference call on Friday, March 16, 2018 at 10:00 a.m. CT to discuss the results and update its current operations. The dial-in number to [...]
Erin Energy Corp. today refers to the news release of its joint venture partner, FAR Limited , dated February 26, 2018 reporting that a subsidiary of Petroliam Nasional Berhad has signed a Farm-out Agreement with FAR. The FOA, expected to be completed March 31, 2018, assigns a 40% interest in the A2 and A5 offshore blocks in The Gambia to PETRONAS [...]
Erin Energy Corp. today announced that it has completed the drilling of the Oyo-NW well and, based on preliminary evaluation, it has discovered hydrocarbons in the Miocene Formation. The well is located approximately 9.5 kilometers northwest of the Oyo Central field on the Company’s offshore Nigeria block 120. The Miocene formation is where [...]
Erin Energy Corp. today announced it has commenced drilling of the Oyo North West well . Oyo-NW is a high-impact exploration well being drilled with the Pacific Bora, a sixth-generation drilling rig, on the Company’s offshore Nigeria block 120. The well is expected to take approximately 60 days to drill and log. “We are extremely [...]
Erin Energy Corp. (Erin Energy or the Company) (NYSE American:ERN) (JSE:ERN) announced today financial and operational results for the quarter ended September 30, 2017. Third Quarter Highlights: Crude sales volumes of more than 600,000 net barrels of oil; $33.6 million in revenue; Average daily production of 5,000 net barrels of oil [...]
Erin Energy Corp. (Erin Energy or the Company) (NYSE American:ERN) (JSE:ERN) has scheduled release of its 2017 third quarter results to occur after close of market on Wednesday, November 8, 2017. The Company will host a conference call on Thursday, November 9, 2017 at 10:00 a.m. CT (11:00 a.m. ET) to discuss the results and update its current [...]
Erin Energy Corp. (“Erin Energy” or the “Company”) (NYSE American:ERN) (JSE:ERN), today announced that funding commitment has been obtained to drill our high-impact Miocene exploration well. Site survey of drilling location has been completed and the well is planned to be spudded during this quarter. Following the commitment [...]
Erin Energy Corp. (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 [...]