ERHC Energy Inc (ERHE)

[pappin]

BB They drilled three Egina wells, two North the other south, the Egina pole area is a large area and they could be testing the extent(south), the egina prospects are more than 6 and could be larger than Akpo if proven to be productive, though it seems being conservative in reserves is the hallmark so no one knows the real results. They drilled Preowei one and two at the north central edge close to the bolia-chota field. Egina is close to Opl 257 which reportedly Chevron and Exxon are after. I think a major issue is whether they are close structurally(plays) with Obo and some other prospects in the JDZ. I think in Nigeria they try to find a play and if productive the chances are upgraded