ERHC Energy Inc. (OTCBB: ERHE) is a publicly traded American company with oil and gas assets in Sub-Saharan Africa. The company reported fiscal Q1’12 results for the quarter ended December 31, 2012 on February 9, 2012.

ERHC had cash and cash equivalents and treasury bills totaling $11,920,851, and no debt on the company’s balance sheet. During fiscal Q1’12, the company reduced its G&A expenses by 15% to $1,040,999 compared to fiscal Q1’11.

OAG360 Comments:

If you compared ERHC Energy during fiscal Q1’11 to the ERHC Energy that just repor...

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