ERHC Energy Inc (ERHE)

[DegenerateGambler]

The article states:
"Addax leading the field in JDZ
ADDAX Petroleum's share of reserves in four blocks in the Gulf of Guinea's Joint Development Zone (JDZ) could amount to over 0.7bn barrels, the company says. That suggests the total potential for the areas, based on Addax's percentages of the blocks' equity, could amount to almost 3bn barrels."

Isn't this 3bn barrel estimate kind of a disappointment since it is down from the previous estimates of 14bn barrels for the JDZ. Or does the 14bn barrel estimate include ALL the blocks (1 thru 9?) and this estimate only covers blocks 1-4?

In any case using the 0.7bn barrels for Addax's share shouldn't it be possible to extract ERHC's share? Maybe a little bit less, but certainly over 2bn barrels!