ERHC Energy Inc (ERHE)

[Strategyone]

mccir,

I respect your thought process here but I think the big difference is that in the GOG, new regulations that would increase the costs of drilling are much less likely to occur unlike that of the GOM. Thus, it would be less expensive to drill for oil in the GOG compared to the GOM. Now add in the extra savings from the 'lack of hurricane' season on the GOG and it is really starting to get a world wide competitive advantage. If they can just keep the "MEND" group at bay, it should work out quite nicely for all players in the JDZ.