ERHC Energy Inc (ERHE)

[vineseeker2]

YankeMike, a couple of things Oilhead has posted has made me question how up to date his knowledge is. When they are only drilling 4000' on dry land it isn't necessary to be state of the art, these wells were drilled for $60,000 to $90,000 and another 60,000 for completion, if developable, not $600,000 per day.
When I first looked at this stock I knew a little about deep water drilling, of course I at that time thought 1200 or 1300' was deep water. 5400' is a whole different science.