ERHC Energy Inc (ERHE)

[YankeMike]

midtieroil: If the SEC adopts the new accounting methods, oil companies can book probable and possible reserves before any exploratory drilling takes place. For example, from the 3D seismic studies, ERHE would already have probable and possible oil reserves that can be booked.

Mike

Edit: I stand corrected; see the post by Troty and my reply.