ERHC Energy Inc (ERHE)

[ferab]

Interesting note in Bold > Article states: Block 11A

In Block 11A it is rumored that CEPSA is considering proceeding to the Egole-1 well after completing the Tarach-1 well in 2016. Egole-1 a four-way rollover closure onto a Northwest – Southeast trending fault plain with mean prospective resources of 101 million barrels another of 13 drillable prospects will hope to better the success of Tarach-1 well which encountered two different hydrocarbon charged intervals, the first extending over 100 meters.An agreement between ERHC and CEPSA focused on the Spanish explorer’s continued participation where ‘significant hydrocarbons’ were encountered.