ERHC Energy Inc (ERHE)

[vineseeker2]

Stocks, the JDZ contract calls for one well in blocks 2 and 3 (bomu & Lemba) and three wells in block four, by march of 2010.
Deepwater Pathfinder has drilled Kina and currently drilling Malanza. The original target anounced for the drilling was Kina South. I would think they would drill somewhere in block four to keep from paying the JDZ a penalty.
The contract says the third well is optional based upon results from the first two but I haven't seen what results "from the first two wells" would make it optional.