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


To: Andy who wrote (344)4/30/1998 9:11:00 AM
From: bistineau_la  Respond to of 671
 
PRESS RELEASE

Thursday April 30, 7:31 am Eastern Time

Company Press Release

ERHC Refines Investor Relations Activities

LAFAYETTE, La.--(BUSINESS WIRE)--April 30, 1998--Environmental Remediation Holding Corporation (OTC BB:ERHC - news) today announced that in an effort to refine its communications activities its has retained DeMonte Associates, a New York City-based investor relations organization and Premier Equities, a Florida-based investor relations/new media firm - both specializing in emerging growth/microcap situations.

GFC Communications will no longer represent ERHC in its communications effort, however, the Company indicated that GFC's role was vital in exposing ERHC to the investment community and is grateful for its valuable input.

Noreen Wilson, CFO, commented, ''We recognize the concerns of our current shareholder base and the importance of communicating the Company's message and potential in the most effective manner possible. With these issues in mind coupled with the tremendous activity presently occurring concerning strategic alliances, domestic and international expansion, and procurement of capital, we deemed this appropriate and in the best interest of ERHC and its shareholders.''

Environmental Remediation Holding Corporation is engaged in oil and gas production activities and environmental remediation, both domestically and internationally. This includes the development of 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 the Company's website at www.erhc.com.
------------------------------------------------------------------------
Contact:

Investor Contacts:
Environmental Remediation Holding Corporation
Jim Griffin - Corporate Secretary
Noreen Wilson - CFO
516-922-4170
or
Premier Equities
Steve Larkin
800-826-8438
or
DeMonte Associates
Cynthia DeMonte
212-473-3700



To: Andy who wrote (344)5/3/1998 11:35:00 AM
From: Andy  Read Replies (2) | Respond to of 671
 
We should see some great news coming from West Africa on developments in STP as well as Angola.

With regards to STP, preliminary seismic data are very interesting and we may see Schlumberger (NYSE) teaming up with ERHC on further analysis and concession sale. Major oil players apparently are discussing with ERHC about these concessions, which should lead to an interesting bidding process.

It also appears that Shell is talking to ERHC, which may involve a project in Angola.

10Q is due May 14th, and the numbers should be interesting.