UP!

ERN $1.63

ERN target price
1.62
0
0

Erin Energy Corporation (AMEX: ERN) is a United States based company involved in exploration, development and production of oil and gas. It was formerly known as CAMAC Energy. Its principal assets are in Africa comprising nine licenses across 4 countries, with current production and exploratory projects offshore of Nigeria, as well as exploration licenses offshore of Ghana, Kenya, and Gambia, and onshore in Kenya. in addition, through its Pacific Asia Petroleum subsidiaries, it has operations in China.

The Chairman and CEO is African-American businessman, Dr Kase Lukman Lawal. John Hofmeister, former president of Shell Oil Company, is on the board and will become the Chairman in 2016.

It was founded in 2005 as CAMAC Energy and has offices in Houston, Texas, Beijing, China, and Lagos, Nigeria.

Erin Energy is listed on the NYSE Amex Equities.

On 4 August 2014 the company announced it had discovered 4 new oil and gas reservoirs in its Oyo-8 development well located offshore Nigeria. Erin had already drilled Oyo-7 in October 2013. The company said in its 4 August 2014 statement it was one step closer to bringing the two wells into production.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

9635-03-19
8215-02-26
8170-03-21
5375-03-09
2519-02-14
2470-03-07
2430-03-31
1970-01-01
9635-03-19
8215-02-26
8170-03-21
5375-03-09
2519-02-14

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks