OREANDA-NEWS. Erin Energy Corporation (“Erin Energy” or the “Company”) (NYSE MKT:ERN) (JSE:ERN) announced today the Island Constructor light well intervention (LWI) vessel (the vessel) has departed Skalevic, Norway and is en route to the Oyo field, offshore Nigeria.

The vessel will be used for LWI service on the Oyo-8 well (Oyo-8), which has been necessitated by the failure of the well’s sub-surface controlled sub-surface safety valve (SCSSV) to open following a planned production curtailment in the Oyo field. The Company expects to complete the intervention and re-opening of the SCSSV in April 2016.

The vessel is anticipated to arrive on the Oyo field mid-April and will immediately commence work on Oyo-8. The Company expects the intervention to take a few days to complete and to subsequently re-establish production from the 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 40,000 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.