Addax Petroleum (LSE:AXC), one of the leading independent oil and gas companies in West Africa that is also pioneering oil discovery in Northern Iraq, announced 2007 full-year earnings on March 13.

The following update on Company activities was issued by Nicolae Luca, interim chief executive officer of ERHC Energy Inc. (OTCBB: ERHE), prior to the market open on Monday, December 3, 2007.