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Microcap & Penny Stocks : Environmental Remediation Hldg Corp. (ERHC) -- Ignore unavailable to you. Want to Upgrade?

To: golfn who wrote (260)	3/11/1998 8:33:00 AM
From: golfn	Read Replies (1) \| Respond to of 671

NEWS RELEASE FROM ERHC!!!! Wednesday March 11, 8:04 am Eastern Time Company Press Release Environmental Remediation Announces First Shipments of Brine Water from U.S. Department of Energy Through Recently Acquired Subsidiary VenVirotek LAFAYETTE, La.--(BUSINESS WIRE)--March 11, 1998-- Environmental Remediation Holding Corporation (OTC BB:ERHC - news) today announced that its subsidiary, VenVirotek, received the first shipments of brine water waste from the U.S. Department of Energy (''DOE'') Weeks Island. DOE estimates indicate approximately 2.8 million barrels of brine water and 250,000 barrels of salvage oil are stored and leaking in a salt mine located in Houma, LA. VenVirotek accepted over 30,000 barrels of brine water for disposal since initial shipments began last week. The barrels are transported via barge to ERHC's Houma facility for disposal into the Company's injection well. ERHC's facility can accommodate in excess of 8,000 barrels in a six hour time period. Shipments are anticipated to continue for the next nine to twelve months. ''The strategic location of the VenVirotek injection well situated on the intercoastal waterway provides ERHC an advantage in procuring similar contracts for waste disposal,'' commented Samuel Bass, the Company's President and CEO. Under the current contract ERHC will receive $1.00 for each barrel and anticipates a minimum profit of 35%. With DOE estimates growing, contracts of this type promise to be lucrative and enhance the Company's bottom line.'' ERHC recently acquired VenVirotek in anticipation of the procurement of this government project as reflected in the Company's News Release dated February 18, 1998. Environmental Remediation Holding Corporation is engaged in oil and gas production activities and environmental remediation, both domestically and internationally. This includes the development and rework of oil and gas properties, plug and abandonment services (P&A), environmental engineering and consultation, hazardous waste management (including NORM waste), non-hazardous waste clean-up, transportation and disposal, and the manufacture and distribution of waste clean-up materials. For more information concerning ERHC, please visit our website at www.erhc.com. Safe Harbor Act notice: Certain matters discussed in this news release are forward-looking statements, as it is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to a number of known and unknown risks and uncertainties including, but not limited to, fluctuations in the price of crude oil and natural gas, the success taught of exploration efforts, the timeliness of development activities in Texas, Utah, and the Gulf of Guinea, West Africa, changes in the political and economic environment in which ERHC has international operations, as well as availability of human and financial resources; which may cause actual results to differ materially from those expressed in any forward-looking statements made by or on behalf of ERHC. Contact: Noreen Wilson, CFO Jim Griffin, Corporate Secretary ERHC (516) 433-4730 or Darrel Hackman (303) 680-8014 or Cynthia DeMonte (212) 473-3700

To: golfn who wrote (260)	3/26/1998 7:23:00 PM
From: fern	Read Replies (1) \| Respond to of 671

Well guess what it's now 2 weeks later & still no news what's going on here? You gotta wonder about the stock price why can't they promote the stock & force the short's to cover. I thought that's what the PR firm was for. By the way I called them up a couple of weeks ago & they were useless didn't know much about the shorts or news on the gas project or any idea when erhc plans to get on the amex or the mexican contract I might as well have been talking to my neighbour. I find it hard to believe that this stock went all the way to 5 24/32 with no promotion. It is about time this company did something to help thier real shareholders.