ERHC Energy Inc (ERHE)

[magicatlast]

Here is some of my thinking, fwiw. Given the proximity to the dormant? volcanos of STP, one should assume a relatively thin earth crust at this point. That means much higher than normal temperatures at the depth where the oil would be found, and thus much higher pressures as well, leading to the formation of thermogenic gas and liquids, also under high pressure. Given the relatively shallow drilling performed in Phase 1, I believe that there was great concern about potentially having a blowout not unlike the GM, and/or in some other way possibly ruining the productivity potential for a significant area of a field. Therefor, only the caps were drilled for testing, both for content, location, and pressures. Reevalution of seismic based on these limited results could then be done to be able to more precisely prepare for further drilling with the best possible chance of not only proving the hydrocarbons in place, but doing so with the least amount of risk to the field and the environment. I know most of this has been said before in fragments from numerous posters. Just thought I would share it as it has come together in my mind, particularly as to the prroximity to known previous volcanic activity/heat/pressures.
Thus, it is entirely possible that nobody, at this point, even after 5 wildcat wells, knows what lies beneath, just like Nick.

What they may now know it what types of drilling techniques will be required to now drill deeper and really explore the hydorcarbon resources in the JDZ.

Just musing. Magic