ERHC Energy Inc (ERHE)

[petemantx]

You highlight the tremendous success to date; the fact that every well has hit some type of substantial hydrocarbon play.
To pioneer a new area and have every well hitting decent findings (regardless of what those findings are in relation to gas/oil)should be regarded as a resounding success. It is exactly what our mgt has been telling us they were hoping to achieve with this first phase as opposed to the single well success scenario.

Think of this phase in fishing terms: we are scouting out a new lake and each area we try that looks of interest is producing fish. Do we say the lake is a loser because the first fish are not a state record or do we say the area is a treasure of excellent pools that have the potential to provide a steady stream of great fishing with the possible state record lying in wait? I would be very happy with such a lake.