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Re: Stay the Course post# 139024

Friday, 09/12/2008 6:55:49 PM

Friday, September 12, 2008 6:55:49 PM

Post# of 361984
I never said or implied one platform. A spar is a more permanent solution to a FPSO. Oil will be flowing for 30+ years, I don't beleive FPSO will be the choice they make.

I'm well aware of the prospects, their size, and the gas content. 1M barrels per day is on the light side of what the JDZ will produce. AKPO and Agbami are targeted at 200K+ each. There's probably not fields that size in the JDZ, but there are a dozen 70M-500M barrel prospects in block 4 alone.

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

Nuf said.