ERHC Energy Inc (ERHE)

[bayfisherii]

Jobinthecloth,

What I think I know about Ceiba is that:

One, it is about 35 miles from the far Eastern edge of EEZ
Two, It is worldclass reservoir, in that it has unbelievable permeability and porosity
three, The size of the field keeps growing as they do additional exploratory drilling
four, current estimates are that it is above 1 billion barrels recoverable.
five, it is a perfect reservoir for allowing secondary and terteriary recovery methods
six, the hope is that these sand continuue all the way out to the Princepe.


I have heard it mentioned on this board and of course no one knows but in the end the EEZ could dwarf the JDZ in the amount of oil it contains.

JMO

Bayfisher