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tryoty

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tryoty

Re: condor1 post# 136613

Wednesday, 08/06/2008 10:28:55 AM

Wednesday, August 06, 2008 10:28:55 AM

Post# of 362138
Why drill exploratory wells?

To see if there's oil down there. Seismic show traps and potential oil water contacts, but that doesn't mean there's oil.

Plus, the type of rock, its permeability, etc. all play a role in their production strategy (well fracturing, etc).

They need that data to best exploit what's down there.

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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