ERHC Energy Inc (ERHE)

[bayfisherii]

In Response:

1) AT $90/Bbl the incremental rise per bbl will be significantly greater than it woul dhave been at $45

2) I have done very basic calculations on this board before but every 1Billion recoverable equates to $2.50 per share based on recoverable risked reserves. Even more if yoyu put this stovck on a cask flow valuation model.

3) No one knows that question but in the Sep 24th conference there was no mention made of significant penalties being possible.

4) Relates to #3

5) We will have to wait and see won't we.