ERHC Energy Inc (ERHE)

[DegenerateGambler]

It looks like ERHC may have another iron in the fire, Ghana. So let's all sit around the camp fire and go over the irons. Are any if these irons hot? Let's try to put WAG on how likely each iron is likely to become hot enough to be a branding iron.

1. Ghana - not much known, very little progress, so a real long shot - 200 to 1
2. JDZ - still in the mix as something is going on behind the scenes, September may finally reveal the drilling results in more details, new partners may replace the ones now dragging their feet. Still a long shot, maybe 50- 1.
3. EEZ - pcs signings looking good, but no surveys to provide enough information to give promise. Still a long shot 50-1
4. Chad - for the amount of time Chad has been in ERHC's pocket, not much has been disclosed. Need surveys to see if this will produce. Still a long shot, 25-1.
5. Kenya- real progress on determining if there is oil/gas. Positive PRs. But awaiting the survey results. This is ERHC's best shot at 3-1

Many of the irons are real long shots, but can't be overlooked as they possibilities. The real meat is Kenya and there is not denying that. But Kenya is still 3-1 and that is no guarantee.

Will I see you at the casino or the campfire?
DeGen
Ps: its nice to have many different para mutual tickets in the same horse race. It makes it easier to pick a winner.