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Re: YankeMike post# 133639

Monday, 06/30/2008 2:07:04 PM

Monday, June 30, 2008 2:07:04 PM

Post# of 362139
3P will be the one I want to see... what are the fantasy numbers still within the reach of current technology.

Valuing deep water proven is a doctorate level course in frustration. Trying to value 2P and 3P would be nothing but mental masturbation. What will someone pay for the risk? It's different for each company.

ERHC's share of JDZ oil; 1 billion barrels. Once proven, ERHE will be $10+. All we need is time and patience.

Nuf said.

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