ERHC Energy Inc (ERHE)

[RUBY1100]

Addax Petroleum, operator of JDZ Block 4, in which ERHC holds a 19.5 percent interest, announced earlier this week that it also expects to begin exploratory drilling in August.

Addax has arranged to take possession of the Deepwater Pathfinder in the weeks to come and begin a ***four-well drilling campaign*** starting with the Kina Prospect.

http://www.erhc.com/en/rel/183/

There is a lot of new chatter of an Extended JDZ Drill campaign on the Board with new DrillShip the Deepwater Discovery, owned by Transocean (NYSE:RIG)

Some are talking of a $630k Rig drilling for 2 years ....

While yes this is great news of their confidence of Oil in the Zone
And continuing drilling

It may quell the news of any immediate releases and keep us stuck for 2 years with no buyout and limited news!

Any thoughts