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Re: rigmyster post# 218003

Monday, 07/12/2010 5:52:33 PM

Monday, July 12, 2010 5:52:33 PM

Post# of 360962
I don't necessarily agree with that "rigmyster". Notice that today’s release was on one hole and they gave specific details on both gas and oil including flow testing. It seems to me that Addax/Sinopec is doing exactly what they have publically said about the 5 holes in the JDZ. They are still analyzing the whole area and they have not given out complete details of what was found from any single hole yet. Even if they only find gas, I expect to see documented quantities (recoverable) and what their plans may be with it (ie. Connecting to another local system or creating a JDZ production gas system). Or they could come back and say they pass on Phase II, who knows. But, again the good news is that we now know, Addax/Sinopec are capable of giving a valid, detailed and complete press release on a discovery.

This means ERHE can then send out their own PR after Addax/Sinopec does that, at a minimum says "yes, same as what they said....",lol.