AI
Thursday, September 07, 2006 1:11:50 PM
If they say they found a billion barrel reserve it would fall within expectations and ERHE may rise a bit on the encouraging news.
If they say they found a 10 billion barrel monster and that the entire JDZ is an interconnected Ghawar sized field of elephants all bets are off.
I expect the former, but would tolerate the latter if I must.
ERHC's share of JDZ oil; 1 billion barrels. Once proven, ERHE will be $10+. All we need is time and patience.
Nuf said.
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