ERHC Energy Inc (ERHE)

[RUBY1100]

ERHC had 13.5% Free carry w/ Noble NOW
17+% with Addax + $18 MM

by this factor BL 2 should yield us 23% Free carry + $? Cash

so 17+23= 40% + say 10% in BL 3 = 50% FREE CARRY BL 2,3,4

NOW, HOW MANY BILLION BARRELS are there ????
My guess is FAR more than everyone thought / estimated x5

2 Billion ?
5 Billion ?
10 Billion ?
20 Billion ?
30 Billion ?
40 Billion ?
50 Billion [x]

and dont forget the EEZ -

we are all going to need bigger calculators and smarter accountants