ERHC Energy Inc (ERHE)

[Julius Erving]

"Thanks for taking the time to 'think out loud.' Your analysis seems reasonable, though disheartening."

Why disheartening? It has been realitiy all along.

We should be glad that CEPSA made that decision to drill or do 3D, or both: phase 2

Don't you think any decision from CEPSA will affect the share price substantially? 3D is very, very expensive. 3D is used for pinpointing an exact drilling location within a prospect. Even doing 3D instead of drilling is a sign of confidence in the end result.

They are frantically at work, as we know now.