ERHC Energy Inc (ERHE)

[markgovols]

****JDA UPDATE RIGS****

Just spoke with JDA source. Sinopec has possession of the SEDCO 702 Rig and it will travel to JDZ "any day". The DEEPWATER Pathfinder is also about to make it's way to JDZ at any moment. JDA source said the PATHFINDER could actually arrive in JDZ a day or 2 before SEDCO rig. Was told both rigs will arrive for sure by August 1st. Was told both rigs will be drilling for certain in August (1st-2nd week of August). Source said the JDA has directed Operators to issue press releases about upcoming drilling. I will be speaking with my source again late next week as he said he should have something for me.

Here we goooooo!