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Thursday, June 05, 2008 5:55:00 PM
ERHCs figures from Today's PR
The JDZ Figures Released today are
"TOTAL recoverable reserves potential based on WesternGeco's interpretation".
-- JDZ Block 2, in which ERHC has a 22 percent interest, has recoverable
reserves potential of 2.63 billion barrels.
-- JDZ Block 3, in which ERHC has a 10 percent interest, has recoverable
reserves potential of more than 600 million barrels.
-- The recoverable reserves potential of JDZ Block 4, in which ERHC has a 26.7* percent interest,
is estimated to be 1.86 billion barrels.
also .....Not to suggest they have rights to 12% of the TOTAL oil, necessarily. But we have 12% of the aggregate rights awarded to date in the JDZ.
They used the figure to try to offer some context of the Company’s considerable presence in the JDZ.
Dan Keeney, APR
DPK Public Relations
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