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tryoty

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tryoty

Re: Meridian post# 39554

Sunday, 04/02/2006 5:22:50 PM

Sunday, April 02, 2006 5:22:50 PM

Post# of 361526
If there's another Ghawar, raise that to $50

I understand where you're coming from... given 1-2 bbl per block maybe you're right, I think you're a little low, but hey, nothing wrong with conservatism.

You are NOT factoring in the "what if" mammoth find.

CNBC reporting on an exploration well???? C'mon, this thing is huge!

ERHC's share of JDZ oil; 1 billion barrels. Once proven, ERHE will be $10+. All we need is time and patience.

Nuf said.

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