ERHC Energy Inc (ERHE)

[Stay the Course]

Mrogop: Thank you for the explanation.

Perhaps your way of projecting the extra to be ultimately produced would work in some deepwater parts of the world as a rough comparable for JDZ. I do know it does NOT work in Gulf of Mexico deepwater where there have been multiple instances of initial expectations on recoverables that were used to sanction developments but which turned out to produce significantly less, i.e. initial "proven" recoverable figures OVER estimated the field.

Do you/anyone have data to validate this kind of trend guideline for developments near the JDZ?

Absent any such validation I have to conclude that there really is no rational basis for believing in anything seriously more than NSAI levels of recoverables in ERHE's blocks.

What say you, Redinvest and Fishdog?

Operators can spend vastly more effort and talent on such estimates but very unikely we board people will ever know their views.

But hey, in 104 degreee Houston this week, spreading around some cold water is welcome!!!