ERHC Energy Inc (ERHE)

[Gremlin9999]

Midtier - Why do you say 1B would be a disappointment for ERHC in Kenya when Taipain and Africa Oil both have estimates less than 1B and that doesn't seem to be a disappointment.

Taipan estimates gross mean unrisked recoverable resources of 251 mmboe (Source: Sproule International Limited (1), February 2014) for Badada. The well is planned to be drilled to a total depth of between 3,000 and 4,000 metres to test Tertiary age reservoirs analogous to those in the Lokichar basin where Tullow and Africa Oil have made discoveries with best estimate unrisked gross (2C) contingent resources totaling 616 mmbbls (Africa Oil Corp. Corporate Presentation dated September 2014). The Operator expects drilling to take up to 70 days to complete. MM