ERHC Energy Inc (ERHE)

[Strategyone]

Strass, I would love to see the full drilling results of our 5 well program too. Although I have no idea what those results will contain, I am more confident today that we WILL actually see real data due to the Addax/Sinopec Press Release today. This shows SINOPEC is not as tight lipped on real data being released when they finally get around to releasing it. I now have increased my expectation for the information I expect them to release at some point in time in the future. I expect a similar type of PR to be release by Addax/Sinopec along with the determination to go into phase II or not later this year. This is good news for ERHE but not anything significant enough to raise the current share price.

And, although I also agree with you that the history of Udele-2 etc. has no direct impact on ERHE's JDZ holdings, it does provide a specific example of another target in the GOG that originally showed only "gas" to then become a successful "oil strike". This is also from the same operators/technical people working on the JDZ and I have confidence that what they learned from those other drilling events can help them make better educated "guesses" for the future ERHE drilling programs.

Again, I view todays release as positive signs only, not "company maker" rumors. lol.