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Saturday, August 28, 2010 10:14:37 AM
Operations in JDZ Block 2
ERHC's consortium partner Sinopec Corp. is the operator in JDZ Block 2. In August 2009, Sinopec commenced exploratory drilling of the Bomu-1 well, which was completed in early October 2009. The NSAI report estimated ERHC's unrisked prospective resources in JDZ Block 2 totaled 77 million barrels of oil and 93.9 billion cubic feet of natural gas (P50). The NSAI report estimated ERHC risked prospective resources in JDZ Block 2 totaled 38.3 million barrels of oil and 47.9 billion cubic feet of natural gas (P50).
VS.
http://7.investorrelations.co.uk/equator/uploads/press/updateandclarificationonOPL321323andBlock2JDZ.pdf
Big difference in risked and unrisked don't you think? I hope EEL info is correct. Big increase wouldn't you say.
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