Erin Energy (ERN) Reports Q4 Loss of $0.07/Share

Erin Energy Announces Full Year and Fourth Quarter 2015 Results

March 16, 2016 1:24 AM EDT

Provides Operational Update on its West and East Africa Operations

HOUSTON--(BUSINESS WIRE)-- Erin Energy Corporation (Erin Energy or the Company) (NYSE MKT: ERN) (JSE: ERN) announced today financial and operational results for the year ended December 31, 2015.

2015 Highlights:

Proved reserves up 32% Crude sales volumes of more than 1.4 million net barrels of oil, a 186% increase over 2014 $68.4 million in revenue, a 27% increase over 2014 Achieved peak gross production rate of 13,100 barrels oil per... More

Erin Energy Announces Date Change for Fourth Quarter Conference Call

March 15, 2016 12:28 AM EDT

Results call and webcast rescheduled to Wednesday, March 16, 2016 at 10 a.m. CT

HOUSTON--(BUSINESS WIRE)-- Erin Energy Corporation (Erin Energy or the Company) (NYSE MKT: ERN) announced today it has changed the dates for release of the Companys 2015 fourth quarter and full year financial results to now occur after close of market on Tuesday, March 15, 2016 and the results conference call to Wednesday,... More

John Hofmeister Appointed Chairman of Erin Energy

March 14, 2016 8:01 AM EDT

HOUSTON--(BUSINESS WIRE)-- Erin Energy Corporation (Erin Energy or the Company) (NYSE MKT: ERN) (JSE: ERN) announced today the appointment of John Hofmeister, a former President at Shell Oil Company, as Chairman of the Board of Erin Energy Corporation. The appointment will be effective the day immediately following Erin Energys annual meeting of shareholders (the Annual Meeting), expected to take place in late-May 2016, when current Chairman and Chief Executive Officer (CEO), Kase Lawal, has decided to retire as an officer and director.

The Company also announced the appointment of... More