ERHC Energy Inc (ERHE)

[tryoty]

"spudded the Ebok-6 appraisal well on 20th November 2009"

...and they have results already? Dan Keeney, I *told* you Sinopec was misleading ERHC.


•Ebok-6 encountered a total of 107 ft gross oil pay in the LD-1A and D2 reservoir sands
•D2 Southern Lobe STOIIP upgraded from 33 mmbbls pre drill to 135 mmbbls oil, representing a 400% increase in volumes
•Gross technically recoverable volumes post Ebok-6 are expected to increase to 23 mmbbls, based on reservoir modelling work currently underway (8 mmbbls pre drill)
•Upgrade to total Ebok field volumetrics of 425 mmbbls STOIIP and 116 mmbbls estimated recoverable
•Total Ebok resource potential increased to 182 mmbbls recoverable
•Ebok-6 appraisal completion marks successful conclusion of three well pre-development appraisal phase
•First phase of Ebok field Development underway with five horizontal oil production wells in the D2 resevoir
Ebok-6 appraisal well results

The Ebok-6 appraisal well was drilled by the Transocean's GSF Adriatic IX jackup drilling unit to a total depth of 4,296 ft md on the Ebok D2 Southern Lobe ("D2SL"), with drilling operations completed on November 27, 2009. The well encountered a total gross hydrocarbon column of 107 ft (comprising 82 ft in the D2 and 25 ft in the LD1A reservoirs).

http://www.rigzone.com/news/article.asp?a_id=85596