Erin Energy Corporation (Erin Energy or the Company) (NYSE MKT: ERN) announced today it has been given approval by the government of Kenya to enter the First Additional Exploration Period (FAEP) on its onshore blocks, L1B and L16.

Erin Energy completed the required work program for the Initial Exploration Period of the blocks earlier this year, and previously announced it had exercised its right, in accordance with the provisions of the Production Sharing Contracts, to apply for the FAEP and move to the next phase of exploration.

“We are very pleased to begin the next phase of exploration in Kenya,” said Kase Lawal, Chairman and Chief Executive Officer. “Our team is greatly encouraged by the results of our exploration efforts thus far, and excited by the significant hydrocarbon potential we see on the blocks.”

The FAEP of blocks L1B and L16 is effective as of July 9, 2015 for two years. The minimum work program for each block includes the acquisition, processing, and interpretation of 300 square kilometers of 3D seismic data; and the drilling of one exploration well.

Erin Energy Corporation is an independent oil and gas exploration and production company focused on energy resources in sub-Saharan Africa. Its asset portfolio consists of 9 licenses across 4 countries covering an area of 43,000 square kilometres (10 million acres), including current production and other exploration projects offshore Nigeria, as well as exploration licenses offshore Ghana, Kenya and The Gambia, and onshore Kenya. Erin Energy is headquartered in Houston, Texas, and is listed on the New York and Johannesburg Stock Exchanges under the ticker symbol ERN.

Source: www.youroilandgasnews.com

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