ERHC Energy Inc (ERHE)

[tryoty]

Wrong. ERHC's cost of operations will pay the taxes, etc. ERHC's reserves will be the oil discovered times their percentage interest. We've been over this repeatedly.

The oil will be produced and *all* of it sold to market. The rest of it is all bean-counters putting numbers in certain columns for the various companies that have interests in the producing block.

Taxes, royalties, costs, and any other hands in the cookie jar will be accounted for as operational costs in the financials, just like EVERY OTHER OIL COMPANY.

Those items have never had, don't, and never will have any effect on the bookable reserves. If you want to subtract all those items from ERHC's percentage of discovered reserves what is left is pure, raw, bottom line profit.

I can't make it any clearer.