ERHC Energy Inc (ERHE)

[Rapp]

Southern Man & Redinvest: You both hit it on target regarding ERHE taking some time to evaluate what they drilled. IMO, I think they know they struck pay dirt but really don't know how much. This will take additional time and will give some of the longs some additional time to increase their position.

I look at this company now as a christmas present for those who can read the tea leaves and continues to buy. What more is there to expect except that we have oil and gas,(which they already said) but do not know the amount and if it is commercial.

I look at this now as a positive and do expect to see a massive amount of commercial production. Why do I think so, only from my DD and all the information gathered by other members of this board. Thanks guys, you all did a great service to us members and I appreciate your efforts and time expended.

Ask yourself a question of why we did not get news either way except to say it is being analyzed. My answer to that question is as follows: With the amount of money at stake each company has to be sure of the accurate percentage present. It could be the difference between millions or billions of dollars of value being sought after. The longer it tales the better the outcome will be. OMO.

We really have not idea what SEO has in mind regarding the future of this company, if it has one as whole or in parts.

This is what this board has been discussing for years, the future of ERHE. Some believe it is a sale for sure because of the way the company cleaned up the books and did not follow through with additional personel. It sure looks like that but I still would like to know how they can come to an understanding regarding Blocks 5 6 9 and the EEZ. How do you put a price on the unknown except after seismic is complete or the price is enormous. OMO

I hope it takes a few months to get the work almost complete before an answer is submitted to the public. Good luck to all that can still act on what each views as fact or fiction.

Rapp jr