ERHC Energy Inc (ERHE)

[vineseeker2]

Jim, my understanding is our contract is for four wells with a minimum of 120 days & if we had taken five weeks per well or 35 days we would keep the pathfinder for 140 days @$600,000 per day.
I am not sure if you can release early and get out of the 120 days but I would not think so. There might be a possibility of selling the days to the next leasor, but I would think that the owner would have to agree & the next leasor would have to expect to need the days, I think the next lease is for more per day.
We did not get the pathfinder when we were scheduled to because it was finishing up another well before comming to us.