ERHC Energy Inc (ERHE)

[pappin]

Julius it is oil drilling. Actually according to Chevron opl 250 had one prospect in the block the others were small not up to 500mmbo(they actually have a 500mmbo base). So they drilled it in 2004(Iroko) and it came up dry. It was news a year ago and the potential of the gog.
However the most prospective area maybe the Abo(Agip) and Doro/Akpo zone, ERHC is in the right mix of things. I assume at least block four will contain discoveries, the source rock has oil accumulation around the akpo, doro etan area so I think the propsects are strong