ERHC Energy Inc (ERHE)

[bayfisherii]

Pete,

The ocean floor and the geology of the reservoir are not the same. The reservoir itself may be 2 to 3 miles below the ocean floor. When they say a meandering stream they are talking about a channel bed from millions of years ago that deposited layers of layers of silt and sand. As these layers piled up they created a porous trap (or vessel) that could collect the hydrocarbons over the last 100 million years or so. Eventually they were covered up by more deposits and pushed down into the earths crust. The meandering channel they talk about is deep below the floor. And essentially what this is telling us is that this reservoir could be a very long and very deep reservoir. Reservoirs that derive from a meandering channel have many layers of sediment and tend to be deep and long. And are generally regarded as a positive structure.