ERHC Energy Inc (ERHE)

[RUBY1100]

so JDZ Block 2, in which ERHC has a 22 percent interest, has recoverable
reserves potential of 2.63 billion barrels.
= 578.6 Bbls

-- JDZ Block 3, in which ERHC has a 10 percent interest, has recoverable
reserves potential of more than 600 million barrels.
= 60 Mbls

-- The recoverable reserves potential of JDZ Block 4, in which ERHC has a 26.7* percent interest, is estimated to be 1.86 Bbls billion barrels.
= 496.6

So ERHC is sitting on 1.135 Bbls in the JDZ BL 2,3,4

x $12 Bbl = / OS = $18 PPS
or
x $15 Bbl = / OS = 23 PPS

WOW

* not inc. BL 4 give back