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Come on people!!! PGS opening office in Sao Tome.......THE OIL IS THERE IN BOTH THE JDZ AND THE EEZ......just a matter of time!
Haven't heard from Pacific Scirroco in 20 days...or it has not had a position update in 20 days.....might already be spudding a well in JDZ BLK 1 for all we know
Is it possible that Pacific Scirocco is spudding in JDZ at this time since there has been no contact or updated position on Maritine Traffic????
Good Doctor, I agree with your assesment. Why would they pull the PS from USAN field if OBO was an all-or nothing decider?......No, OBO-1 was another dot to be connected in understanding that area of the JDZ.
Nice find.......has US begun its naval port construction there ?
from article: French energy major Total said on Monday production from its Nigerian Usan offshore oil project would begin next month.
"A major enhancement of deepwater oil production was achieved as a result of the arrival of the FPSO Usan into the Nigerian waters ... in a few weeks oil production will increase by about 180,000 barrels per day," Allison-Madueke said.
The are spudding final well in USAN with PS and are according to reports to send PS to JDZ
Dude!...you need to relax....PS is spudding a well as we speak...showed up on Maritime the PS is fine last night...
I noticed the loss of accent too and the suggestion of almost doubling the share price in a week...it would be nice.... go ERHE!!!!
PACIFIC SCIROCCO IS ALIVE AND WELL!!Pacific Scirocco moved a little over a kilometer north last week and apears to be spudding another well... two to three km south southeast is the West Cappella....They are working the USAN field over!!!....Hopefully in 20-30 days it will move South to JDZ as anticipated if they can even leave the USAN An underwater pipeline laying rig (about three weeks ago) moved from the PS back up to the USAN FPSO......one would assume that that well may be producing...this next hole is even closer to the FPSO.....
A little over 1/2 mile away from the Pacific Sciroco the dynamic positioning drill ship the West capella is now stationary and appears to be spudding a well...maybe this will take over the PS work in the USAN field and relase the PS to head south to JDZ BLK 1....
Also there have been numerous supply vessels and about a week ago a pipeline laying vessel moved from the drilling location back to the USAN FPSO to the northwest......significant capabilities this drillship has...look forward to its moving South soon
Not as of yet...Pacific sciroco drill ship is still to the north in drilling operations....90KM from JDZ
Yes, I am sure that SEO allows incompetence in managment (as others suggest). then gives incentives that are unattainable...this is how he becomes a rich man.....
That sounds good...."let's do it fast".....let's do it before Total drills BLK 1 ....
THE PAC. SC. is only 90 KM from JDZ BLK2 100KM from BLK 1.....when they head south it will not take long to get there...does anyone know if they are resupply or are they continuing a drilling operation?
Thanks for finding that........have been watching up to 3 different crew/ supply ships over the past two weeks around the PS.....just a matter of time....looking forward to it heading south into JDZ...
keeping up with pacific sciroco and its movements or lack there of....interesting to see the number of crew ships and supply boats nearby ...it must be doing some serious drilling.....
strange for a dynamic positioning drill ship?
2.4 mill in volume by 10:30CDT....somethings up Because we are still green.......news after close?
there will be at least four wells. The first will be late this year or early next on Block 1 in the joint zone with Sao Tome & Principe. The well will be called Obo Pole.
The Obo-1 well was drilled back in 2006 and current reserves are believed to include 60-80m bbl of oil with a much larger gas resource.
Today, I am drawing confidence in the fact that we are no longer waiting on one play,,,the JDZ. I am also drawing confidence in the fact that we aren't only looking to future EEZ play as the only thing. I also like the idea of aquisitions of marginal and prospective acreage in different parts of Africa. Obviously, the JDZ potential and EEZ potential did not position this company to bea desirable buy out.
Becoming a large holder of oil and gas acreage may actually make us desirable for potential buy out....
Ugly?!?...Awesome!!! 20 shares for a dollar.....can't wait!!!!
What are we waiting on?......all of this…(from last update)..
The next step under the PSC is the setting up of the administrative structures, including a Management Committee, with the Government of Chad. The committee will supervise ERHC’s exploration program. Meetings for the purpose are scheduled to commence before the end of October
We anticipate that this pre-salt excitement will reflect positively on the EEZ in general and on our ongoing pursuit of farm-in partners for our EEZ Blocks.
The contracting parties also keenly await drilling in JDZ Block 1, which hosts the Obo 1 oil discovery. Further drilling in the Block is expected toward the end of 2011 or early in 2012. While ERHC does not have any rights in Block 1, drilling there may positively impact on the JDZ as a whole by providing information that would facilitate further exploration work on our Blocks.
Those talks have now progressed to the stage where the Letter of Intent has been agreed and executed. The next steps involve the joint pursuit of award of specific marginal fields within the IMO State
, ERHC continues to explore the possibilities for commercial farm in on a number of Nigerian fields with proven discoveries. As I write, ERHC is involved in negotiations with holders of interests in three Nigerian fields.
Beyond Nigeria, ERHC is actively pursuing the award of new Blocks in West Africa, ERHC also is pursuing applications in East Africa.
Any word on TOTAL progress in JDZ blk 1 ? TIA
Mar 1, 2011
Survival Of The Fittest
After years of hearing, "Who are these guys?" tiny ERHC is poised for growth in the Gulf of Guinea.
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Mr. Ntephe pledged to adhere to international standards of oil exploration maintaining that the company had entered in to similar partnership with countries like Saotome and Arab Emirate.
Please explain Arab Emirate...if some one can?...thanks
Hey we are "in" with Arab Emirate also.??????
we are waiting....
The company expects to announce a concluded production sharing contract in respect of the blocks as early as next week. ERHC's financial officer, Mr. Sylvan Odobulu, has led a team of legal, technical and financial experts in negotiating the production sharing contract on behalf of ERHC.
That's what I was thinking...playing one against another's difference....competition...
I wonder if we were to partner with CNPC in Chad if that would impact in anyway SNP and ERHE in JDZ?....politically or business wise or otherwise??
need to now learn a whole new vocabulary!!!!
THe sale is still going on!...9 for a dollar is still a bargain...wish I had some more$ to throw at this...especially the 15 cent and 23 cent shares I picked up when those were a bargain!!!
My dealings with Dimka were few, but he shot straight with me on the rebids (I'm talking about along time ago!)..two weeks before it was announced he told me of the rebids... so when Mark would call and get info from Sam, I always felt it was legit......the couple of times I checked with Sam, Marks info was the same as what I would get..I quit calling because of the expense....not really sure where it all got crosswise...still believce there is a play here...and wish I had money for some of the 12 for a dollar sale!
In the "good ole days" of fortnights we used to get BM's every Thursday night...from Barry!...does that take anyone back?
Just sent an e-mail to dan K...i'm sure that I am not the first to do so...we'll see what we can find out...
I'm crying that I don't have $ to throw at this for 12 shares per dollar!!!
Is this official company news?????? or what?
Oh yeah...its all over...you lost it all1111111111....cry baby....WHATEVER!
This new info is bull crap until a legitimate news source or company PRs it ...get real...where is this info coming from......