ERHC Energy Inc (ERHE)

[emptynester1]

I think the continuation of the drilling is big.. I know they were contracted, and they need to follow through to show the JDZ and the EEZ that they are serious and want to develop this area. But if the early findings were crap they would have bailed. Just to expensive to keep drilling if there is nothing to develop. If there is a big field I think that we will hear another everthing is going to plan in early Dec. and then early Jan. 2010 we will get an announcement that ERHE and ADDAX has agreed to spud five to seven more wells..
Two in block 2, Two in Block 3, one more in Block 4 and one in Blocks 5 and 6. All to be completed by August 2010.
This news would be big for the SP.

EEZ blocks will be won by ERHE in 6 blocks sometime in March.

SP end of April $2 to $5....

I see no buy-out deal, this may be to big right now for any buy outs right now. I don't think a buy out is not good until we see how many EEZ we will own, and what potential there is..

No buy out until fourth quarter NEXT year...