ERHC Energy Inc (ERHE)

[howardd3]

Thanks to everyone for the replies. Next question is how long do people think it will be between drilling and an announcement of results? As I recall, it took Chevron a long time to get info out after they drilled in Block 1. But it seems like all parties involved (except maybe for sinopec) would have a vested interest in telling a good story about the JDZ as soon as they can.

Also are the EEZ rights worth anything? Are there any preliminary seismics available for that region? Not trying to sound down on the stock, but I like to make conservative estimates.

Thanks for the estimates! Maybe we can establish a base in the high .50's in the next couple of weeks so that we can start attacking some of the higher levels soon. I am personaly hoping that it will be at $1 by the end of the year.