ERHC Energy Inc (ERHE)

[RUBY1100]

on 8k and BL 4 Drilling .. from an Industry Source
"Frankly we are not concerned about the development at ERHC. While we have no more information about what happened then was diclosed in the 8K we have no reason to believe that the execution of the warrant is any way material to our business or to our position in the JDZ.

Operating committees for each of the blocks are being formed. Typically we would expect to have agreement on work schedules and drilling plans by July/August 2006

Subject to rig availability drilling would start in the first half of 2007.

There is a lot of rumor and chatter about Block 1 but nothing has been confirmed.