Chrome Energy Retains Matzke as Special Advisor.

Business Editors & Energy Writers

HOUSTON--(BUSINESS WIRE)--July 23, 2002

Chrome Energy Corporation ("Chrome") (OTCBB: ERHC), an oil and gas exploration company focused on the Gulf of Guinea offshore West Africa, announced today that it has retained the services of Richard H. Matzke as special advisor.

Matzke retired earlier this year from his position as vice-chairman of ChevronTexaco Corp. after more than 40 years of distinguished service. He was recently elected to the board of directors of LUKoil, Russia's largest oil company, IHC/Caland, a Netherlands marine construction holding company, and Petroleum Helicopters, a United States company which serves the oil and gas industry worldwide.

Well known and respected throughout the energy industry, Matzke joined Chevron in 1961 as a geologist and advanced through numerous leadership positions in the firm. He was elected a director of Chevron in 1997 and became vice-chairman of the board in January 2000.

Matzke holds leadership positions with various trade organizations including chairman of the American-Iranian Council and was past chairman of the United States-Kazakhstan Business Council and the United States-Azerbaijan Chamber of Commerce. He serves on the advisory board of the Center for Strategic and International Studies and the United States Council for International Business and is a member of the United States-Russia Business Council, the National Committee on the United States-China Relations and the Council on Foreign Relations.

Chude Mba, president of Chrome, stated: "Chrome is extremely pleased to have been able to attract such an experienced oil industry professional to assist us in maximizing the value of our contractual rights in Sao Tome and the Joint Development Zone. Mr. Matzke's vast knowledge of the oil business as well as industry contacts at the highest levels will be invaluable to Chrome in contacting and negotiating agreements with major oil companies interested in entering into partnership discussions with Chrome on developing our interests in the sub-region. We are thrilled that Mr. Matzke is providing his considerable expertise to Chrome and we are looking forward to working closely with him in the days and weeks leading up to the licensing round in the JDZ and beyond."

About Chrome

Environmental Remediation Holding Corporation, doing business as Chrome Energy Corporation ("Chrome") (OTCBB: ERHC) is a Houston-based publicly traded U.S. oil and gas company focused on oil and gas exploration in prospective undeveloped basins of West Africa. Chrome's initial goal is to maximize value arising from existing contractual rights in the Joint Development Zone (JDZ) of the Federal Republic of Nigeria and the Democratic Republic of Sao Tome & Principe (DRSTP), and the Exclusive Economic Zone (EEZ) of DRSTP. Chrome is also in a position to seek other growth options, including additional oil and gas interests within the JDZ and EEZ, elsewhere offshore the Gulf of Guinea, and in other parts of the West African region.