ERHC Energy Inc. announced that it has signed a letter of intent with an integrated international oil and gas company to farm-out part of the Company's interest in Kenya Block 11A. The company announced that its potential partner is a renowned multinational operator with exploration and production interests spread across several continents. The parties will now proceed to negotiate the definitive terms for a farm-out.

Any agreement reached will be subject to the approvals of the respective boards and of the Government of Kenya. Until a definitive farm-out agreement is entered into and approved, ERHC continues to operate Kenya Block 11A. ERHC's work program under the PSC is continuing apace.

The Company is currently reviewing bids from several service companies for process management and execution of a Full Tensor Gravity Gradiometry (FTG) survey of the Block.