ERHC Energy Inc (ERHE)

[tryoty]

badog,

"You swear there is a boatload of hydrocarbons. Can you prove it? I don't mean with scenarios or secret sources...I mean concrete proof?"

Only the bit can. You know that. I know that. Everyone knows that.

That's kinda why they are drilling!

OBO-1 at 60M barrels, non-commercial. 10 OBO's at 60M barrels and we have an AKPO. AKPO has 42 wells, half producers, half injectors. JDZ 1-4 will have over a hundred by the time it's all developed. That is my opinion, your mileage may vary.

Can I prove it? Nope. That's why ERHE is 49 cents. When it becomes known that the oil is there you'll be paying many dollars. If you are only looking for a few 10's of K's you might be able to get in before it gets away from you. Those wanting a substantially larger position don't have that luxury.

It's really that simple.