ERHC Energy Inc (ERHE)

[zebra102]

ERHC needs to put out a pre-feasibility study (on its potential reserves) like the one SOIGF did yesterday. That stock is up more than 50% on large volume.

Strata Oil & Gas Completes Pre-Feasibility Study on Its Cadotte Project, NPV Exceeds $1 Billion
(Market Wire 03/05 15:32:24)



CALGARY, AB -- (MARKET WIRE) -- 03/05/08 -- Strata Oil & Gas Inc. ("Strata") (OTCBB: SOIGF)
has released its Pre-Feasibility Study on its 100% owned Cadotte Project in
the Peace River Oil Sands area of Alberta, Canada.



Based on forecast prices and costs, this Pre-Feasibility economic analysis
indicates that the development of Strata's Cadotte Project is economically
viable with a net present value (discounted at 10%) of cash flows before
income taxes of USD $1.2 billion.