ERHC Energy Inc (ERHE)

[RUBY1100]

Speculation on BL 1 with Chevron

To All

as we await the results of OBO 1 with Chevron in BL 1

was wondering what some more qualifed experts may think of the following ....

The "Chatter" on the find is Growing in intensity, rumors and indications are the numbers are OFF THE CHART

Estimates are anywhere from 2-3 Billion to 5-6 Billion
and that the JDZ entire ZONE many have MUCH more OIL than first thought
20 Billion - 50 Billion perhaps more up to 70 B

Q: How will this Speculation of the oil in the ZONE affect us? Will Wall Street take notice - will investment groups take notice and more importantly WILL THEY BUY ERHC ON THIS SPECULATION knowing production may still be some time along

Q: HOW much could they value you us at?

S.Freed estimates for every Billion Barrels ERHC control the PPS should be $3

is this realistic? too low too high