ERHC Energy Inc (ERHE)

[midtieroil]

I too follow Simba and like to compare it to ERHC. Unlike ERHC, Simba had a third party resource estimate done by Sproule which provided tons of information. I really wish ERHC would do the same. Simba is definitely behind ERHC because they have yet to sign a partner or get funding for their wells. I am not invested in that one yet but I might jump in soon. Below is a link to that 3rd party report prior to their latest FTG and seismic. At that time their geologic probability of success for the leads they had identified were in the 2% to 9% range. That is the range I said ERHC was in prior to their FTG and seismic. And that was definitely accurate. I expect Simba will update the information in that report for FTG and seismic and that will likely increase the geological probability of success to somewhere between 15% and 30%. I would expect ERHC to be in the same range. The only question is will ERHC management ever release enough information to let shareholders and potential shareholders see that? Here is the link to that report. I think it is really worth looking at and actually has some info on ERHC's block. Let's hope ERHC does the same.

http://www.simbaenergy.ca/data/Sproule-Report/Sproule-Report.pdf