UNITED STATES
SECURITIES EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 24, 2006
ERHC ENERGY INC.
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(Exact name of registrant as specified in its charter)
Colorado 000-17325 88-0218499
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(State of organization) (Commission File Number) (IRS Employer
Identification No.)
5444 Westheimer Road, Suite 1570 77056
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Houston, TX
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including area code: (713) 626-4700
Former name or former address, if changed since last report: Not Applicable
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a- 12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
On July 24, 2006, Walter Brandhuber resigned as director and chief executive
officer of ERHC Energy Inc. (the "Company"), and Franklin Ihekwoaba resigned as
director, chief financial officer and vice president. Mr. Ihekwoaba resigned
after recently informing the Audit Committee that he should not have used the
designation "C.P.A." following his name and that he had initiated a personal
bankruptcy proceeding in December 2005.
The Company has commenced an international recruitment search for replacements
for Mr. Brandhuber and Mr. Ihekwoaba as chief executive officer and chief
financial officer, respectively.
On July 24, 2006, the board of directors of the Company appointed Nicolae Luca,
46, as acting chief executive officer of the Company to fill, in the interim,
the vacancy created by Mr. Brandhuber's resignation. Mr. Luca will serve as
acting chief executive officer pending the appointment of a chief executive
officer to replace Mr. Brandhuber. Mr. Luca has served as a non-executive
director of the Company since February 2001. Since April 1998, Mr. Luca has also
served as the technical director for an affiliate of the Company's chairman of
the board, the Nigeria-incorporated entity Chrome Oil Services Limited (a
separate and distinct entity from the Bahamas-incorporated Chrome Oil Services
Limited which is the Company's majority shareholder). Mr. Luca has a bachelor of
science in mechanical engineering. As of the date of this Current Report, Mr.
Luca has not entered into an employment agreement with the Company.
There is no arrangement or understanding between Mr. Luca and any other person
pursuant to which Mr. Luca was selected as acting executive officer. Mr. Luca
has no family relationship with any officer or director of the Company. Further,
Mr. Luca has not been involved with a related transaction as defined by Item
404(a) of Regulation S-K with the Company.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
99.1 Press Release dated July 28, 2006
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ERHC Energy Inc.
By: /s/PETER NTEPHE
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Peter Ntephe, Secretary
DATE: July 28, 2006
EXHIBIT INDEX
Exhibit No. Description
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99.1 Press Release dated July 28, 2006