ERHC Energy Inc (ERHE)

[rocky822]

Brez, what you say makes sense to me. But, why do you think they will leave their current location? It sounds like they've finally had some success where the are from this which was updated on 8/1.

"The deep water drill ship Belford Dolphin, after drilling 14 consecutive dry holes since it was hired in November 2003 under Sagar Samriddhi Project was shifted to KG-DWN-98-2 where Trans Ocean’s Discoverer Seven Seas had discovered gas. Well U-1 drilled to depth of 2424 m in 1265 m water depth found gas. The well flowed 6,69,991 cmd of gas through 40/64” choke from interval 2218-2226 m at 2395 psi flowing tubing head pressure during production testing. ONGC had bought 90 % stake in this block from Cairn. The drill ship than drilled W – 1 in the same block to 2670 m in 1283 m water depth and again discovered gas at 2170 m. The well flowed 252765 cubic meters of gas per day through 24/64” choke. The drill ship is now drilling GD-6-1 targeted to drill down to 4024 m in 1035 m water depth."

And, again, I'm a layman when it comes to this stuff, but thought you also brought up a good point re: transit time. How long would it take to get from it's current location to the JDZ? Just trying to understand the timing of getting there, drilling an exploratory well and then getting to Anadarko.

Oh, also, I guess I should've included my email to Dolphin Drilling, but my whole premise was "interested in JDZ exploration". I would think that if they were planning on moving it to the JDZ, he would've indicated such or at least said something like "we are unable to discuss customer's plans at this time".