ERHC Energy Inc (ERHE)

[redinvest]

Badog, onshore shale gas and shale oil wells costs around 8 million, obviously less expensive. Exxon keen on it, paying around 30 bil for XTO in Louisiana. The Supers also have a keen eye on Bakken, now that frac drilling techniques are improved, along wih horizontal drilling. I'm invested both areas.

That said, the wells in said area produce less barrells per day. The JDZ is a home run if there are a few APKO type fields.

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