ERHC Energy Inc (ERHE)

[Nightdaytrader]

Art2004, Jeff Schrull stated on 5/29/07 that there were a couple of billion barrel fields and several 400-500 Million Barrel fields (those are the low risk prospects, others could be bigger but more risk). Aren't those 1 Billion Barrel fields considered stand alone "elephant fields"? See my post below.

ND9
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Posted by: Nightdaytrader
In reply to: balance_builder who wrote msg# 101089 Date:7/4/2007 9:54:32 AM
Post #of 110333

BB - Jeff Schrull/Addax comments from 5/29/07

I went back to Addax website and watched Addax audio/video presentation from 5/29/07.

I was writing while he was talking about JDZ blocks and this is what I wrote down.......

1.) "Company Maker"

2.) "Last 8 months has been about building team"

3.) "Couple of billion barrel fields, several 400-500 million barrel fields"

4.) "18 prospects low risks, lots of others might be bigger but higher risk"

5.) when asked about OBO-1, "30 undrilled structures, too much expectation for 1 well"

ND9