ERHC Energy Inc (ERHE)

[RUBY1100]

Q4/Q1 '09 - depends when OPL 291 starts

from Addax ...
We will be drilling, as operator, one commitment well in OPL291 and three commitment wells in JDZ Block 4 and Sinopec, also party to the rig contract, will be drilling one commitment well in JDZ Block 2.

We have not yet determined which of the wells will be drilled first, however, even if we decide to drill OPL291 first, we would still be drilling in the JDZ by late 2008 / early 2009. Jeff's [Schrull] team continues to work on re-interpreting seismic in order to determine which well we would drill first - and we would still consider drilling earlier should we be able to get a drilling slot.

Unfortunately, we have not received a recent update from Anadarko as to when they plan to drill on Block 3.