ERHC Energy Inc (ERHE)

[RUBY1100]

**ADDAX** Update - "3 JDZ Wells 2009"

Jeff Schrull - Head of Addax Exploration General Manager

"Key Events - Deepwater Pathfinder Contracted -
Sept. 2009 will recieve Rig"

"Fantastic Drill Ship - Best in the World
it Cost a bit more $600k but the DP is Special - it has 2 Derricks so Addax can conduct simultaneous operations and will cost less overall."

"JDZ New Traps found"
"Hanging Wells" - wells that keep "going and going" ...

Kina "Stacked Pace" JDZ BL 4
350 MM BBls in BL 4 [Kina] for Addax alone
800 MM Bbls in JDZ for Addax alone
1 - 1.5 B Bbls in Addax Deepwater overall Portfolio

BL 4 Kina Drilled First
BL 2 Principe Drilled Second
BL 4 Drilled Third again
???? Drilled 4th - yet to be determined

Huge push for Exploration for Addax 2009