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Re: YankeMike post# 156051

Monday, 03/23/2009 3:55:56 PM

Monday, March 23, 2009 3:55:56 PM

Post# of 363245
Mark, some oil experts here indicate that drilling only one well is not enough to "prove" reserves. I realize that Kina will have a second well drilled, i.e. Kina South, but I wonder if that second Kina drilling will prove up reserves. I still really like the fact that the AA will be coming along to put 4-8 more holes in our blocks. Keep in mind only 3 of the 4 DP's holes will be in the JDZ. The more holes, the more the oil will be proven, even if the holes are drilled at different locations in the Blocks, if the results are good the share price will reflect any and all positive results of drilling. The more drilling the better we are off as ERHC shareholders. I will be very disappointed if the AA does not drill a few holes for ADDAX.

Now that the Deepwater Pathfinder is scheduled to arrive, when will that be reflected in the shareprice?

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