ERHC Energy Inc (ERHE)

[midtieroil]

Remember you heard it here first. Deepwater rig rates will come down in 2009 as will mobilization and demobilization costs. And dayrates only make up about half the cost of drilling a well. All those other costs associated with drilling will come down too. Again, please don't believe what you read from those stupid articles written by clueless journalists. They never get it right until it's too late.