ERHC Energy Inc (ERHE)

[petemantx]

Nice first post. My only variance with your thoughts is the probability of 25-50% for big results from the first wells.
I put KINA and BOMU much, much higher and even LEMBA higher than your estimates. Then we have KINA South which will just more solidly confirm the extent of KINA and the other drill (isn't it Malanza in Blk 4? not sure) being right on the meandering channel line looks like a pretty solid lineup for 5 good wells. I know I am very optimistic but I don't think the past 3 years have been spent by ADX and SNP twiddling their thumbs; they are pretty darn certain what is down there and with the past results in the general area I think we will all be pleasantly surprised. I obviously have no better insight than you but I do have confidence in the experience and capabilities of the drilling team of over 30 professionals assembled by ADX and the known attention to detail of the Chinese. I think at times people seem to look at ERHC as a straight roll of the dice in finding oil but with our partners (to include the great rigs we were able to obtain)we have a tremendous amount of knowledge and a drilling program second to none. Welcome aboard.