Erin Energy Corporation a company with dual listing on the New York Stock Exchange and the Johannesburg Stock Exchange said its previously disclosed annual report contained an unqualified audit opinion.
The company said the unqualified opinion was expressed in its Annual Report on Form 10-K from its independent registered public accounting firm in its year ended December 31, 2016 result.
The result was file filed on March 16, 2017. Erin Energy said the report included an explanatory paragraph related to the Company’s ability to continue as a going concern. This announcement does not represent any change or amendment to the Company’s consolidated financial statements or to its Annual Report on Form 10-K for the fiscal year ended December 31, 2016.
This announcement is made pursuant to NYSE MKT Company Guide, Section 610(b), which requires separate disclosure of receipt of an audit opinion containing a going concern qualification.
Erin Energy advised its shareholders to refer to a copy of the Annual Report on Form 10-K is available to be viewed or downloaded within the investors section of the Company’s website. Shareholders can also request for a hardcopy of its complete audited financial statements can also be obtained free of charge by contacting Erin Energy’s Investor
Relations department.
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 7 licenses across 4 countries covering an area of 19,000 square kilometres (~5 million acres), including current production and other exploration projects offshore Nigeria, as well as exploration licenses offshore Ghana and The Gambia, and onshore Kenya. Erin Energy is headquartered in Houston, Texas, and is listed on the New York and Johannesburg Stock Exchanges.
