ERHC Energy Inc (ERHE)

[midtieroil]

Will you please post where you got the ridiculous idea that deepwater rates have doubled since Akpo. Day rates for drillships have not doubled and those are the costs that have gone up the most. Many other costs have come down substantially. In case you haven't heard, we are in the middle of a global recession and many costs such as fabrication of production facilites, steel costs, labor costs and many other costs of developing deepwater fields have come down. Please try to back up your assertions with facts in the future. Thanks.