ERHC Energy Inc (ERHE)

[vip1999]

petemantx, Thank you for you reply. the 6000barrels/day example is one of the company that was featured on CNBC that claim as one of the successful small oil company and its market cap was over $1 billion dollars.

With your calculation of 250,000 barrels/day ^ 20%(our cut) = 50,000 barrels/day will yield $8 billion market cap? just 3 blocks of the JDZ! No wonder $10 per shares is not so far fetch after all.

I think speculative worth of this company just went up a notch!