ERHC Energy Inc (ERHE)

[babble_on2001a]

Jorge Santos, President of ADC, said recently that the lack of Chevron's results can mean the success of the work in contiguous block 2, due to a "vertical" at the bottom of the sea. "On the one hand Chevron only made a hole, which was not within the expectations of them. On the other hand it does not have bored in the right place. Between the block 1 and 2 there is a certain vertical, suggested that perhaps the whole expectation that has formed the first block [to] is in the second ".


Could this mean that they found a fault (vertical) that prevented hydrocarbons from migrating from Block 2 updip into Block 1?

If so, they need to be getting a rig to that fault line...

Babble