Erin Energy Corp
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Energy : Oil, Gas & Consumable Fuels | Small Cap GrowthCompany profile

Erin Energy Corporation is an independent oil and gas exploration and production company. The Company is focused on energy resources in Africa. It is focused on exploration for and production of hydrocarbons where commercial reserves have been found and developed. As of December 31, 2016, the Company's asset portfolio consisted of seven licenses across four countries covering an area of approximately five million acres (approximately 19,000 square kilometers). The Company's geographical segments include Nigeria, Kenya, The Gambia and Ghana. The Company owns producing properties and conducts exploration activities offshore Nigeria, conducts exploration activities offshore Ghana and The Gambia, and onshore Kenya. The Company has 100% interest in Oil Mining Leases 120 and 121; four Production Sharing Contracts in the Lamu Basin of Kenya; two exploration licenses offshore The Gambia, and interest in Expanded Shallow Water Tano (ESWT) block offshore Ghana.

Closing Price
$0.002
Day's Change
0.0001 (5.26%)
Bid
--
Ask
--
B/A Size
--
Day's High
0.003
Day's Low
0.0019
Volume
(Below Average)
Volume:
25,522

10-day average volume:
61,931
25,522

Financial stocks fall, as XLF on track to snap 11-day win streak

9:34 am ET January 22, 2019 (MarketWatch)
Print

The SPDR Financial Select Sector ETF (XLF) fell 0.6% in morning trade Tuesday, putting it on track to snap an 11-session win streak, with 61 of 67 equity components losing ground. The financial ETF (XLF) has run up 10.7% during the win streak. Among the XLF's most heavily weighted components, shares of Warren Buffett's Berkshire Hathaway Inc. (BRKA) fell 0.4%, J.P. Morgan Chase & Co. (JPM) shed 1.1%, Bank of America Corp. (BAC) gave up 0.5% and Citigroup Inc. (C) lost 1.0% in early trade. The win streak is currently the longest since the record 13-day stretch ending Nov. 10, 2014, and it comes after about seven months after its record 13-session losing streak that ended June 27, 2018. The XLF has slipped 1.0% over the past three months, while the S&P 500 has declined 3.7%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

January 22, 2019 09:34 ET (14:34 GMT)

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