ERHC Energy Inc (ERHE)

[midtieroil]

Thank you for proving me right that dayrates on drillships have not doubled. 364K is not half of 650K. Of course I'm sure you will dispute that as well. Also, as I pointed out, drillship cost is only one component of bringing a deepwater field into production. The greater cost is pipelines, FPSOs and many other costs which have actually declined due to the worldwide recession. Since google seems to be your primary source of info, I'm sure if you google it you will find that total deepwater costs have not doubled. I'm equally sure you won't do it because it would not support your erroneous and slanted position about how deepwater development costs have doubled. They have not and that is a fact.