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JohnnySticks

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JohnnySticks

Re: None

Thursday, 09/16/2010 12:13:13 AM

Thursday, September 16, 2010 12:13:13 AM

Post# of 361665
Oil Question to IHUB board:

Can a board oil person please explain why "management" (note quotes) chose to use the Risked NSAI #'s (135M BBL Oil) in todays presentation - vs the Unrisked (336M BBL Oil)?,

http://www.erhc.com/presentations/

See Pg 16

Versus this older PR presenting both Risked & Unrisked NSAI,

http://www.erhc.com/en/rel/183/

Alot of the previous discussions/calculations/sp estimates on this board were based on the Unrisked 336M BBL Oil

What am I missing? What is lay persons explanation of Risked vs Unrisked?

Thanks
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