ERHC Energy Inc (ERHE)

[m_a_d]

Anyone know where this is relative to ERHE's Holdings in the JDZ?


CAMAC Energy announces fivefold increase in recoverable prospective resources offshore Nigeria; Exploration drilling program to target ~ 3 bln boe of unrisked p50 recoverable resources


7:02 AM ET 9/29/14 | Briefing.com
Co announced that an updated independent assessment of the Company's prospective resources for four offshore Nigeria prospects located within Oil Mining Leases 120 and 121 by DeGolyer and MacNaughton has increased the Company's unrisked P50 recoverable resources from 537 million barrels of oil to 2,377 MMbbl in four of its top exploration prospects. Exploration drilling program to target ~3 bln boe of unrisked p50 recoverable resources
Drilling locations have been identified on each of the four prospects, and technical work is continuing to allow for the first exploration well to be drilled in the first half of 2015. The wells will target the Miocene formation, which has been successfully demonstrated to be a prolific oil producing layer in deepwater Nigeria.