ERHC Energy Inc (ERHE)

[farrell90]

Puff I want you to follow this closely because I suspect this may be difficult for you. You have my permission to seek assistance from the director of operations down there in your smoke filled basement.

In 2007 Xom paid 77.6 million for 40% of JDZ block 1

It follows that CVX 45.9% portion of block 1 would be worth 89.05 million

The Wall Street Journal reports the new value is 50% higher making the current value of CVX 45.9% of block 1 to be 133.575 million.

http://online.wsj.com/article/BT-CO-20100304-717303.html

I would love to see your documentation if you have better information. Farrell