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Re: Dadd post# 108530

Tuesday, 09/25/2007 12:57:23 PM

Tuesday, September 25, 2007 12:57:23 PM

Post# of 361730
Dadd, The recent ERHC update stated that Jim Ledbetter is cooperating with Addax on the selection of targets for exploratory wells in blocks 2 and 4.

Jeff Shrull came over to Addax after being responsible for the data for OBO-1.

Addax CEO Gandur stated today that the purchase of the 40% interest in Block 1 will allow for a focused, JDZ-wide exploration program that will bring about the earliest possible development of the blocks.

IMHO, it is probable that Jim Ledbetter and ERHC will be privy to all the JDZ data Addax knows about. However, ERHC can not go public with such data.

Regards,

Art




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