ERHC Energy Inc (ERHE)

[oilman57]

Could it be possible that balance builder was correct with his assessment of the original Scott Sheffield comments? Balance maintained that he (Scott Sheffield) was referring to blocks in the JDZ. I and many others gave him grief for that belief. Maybe he was correct after all. Here was the original quote from Mr. Sheffield. If Balance is correct this would point to drilling in the 3rd or 4th qtr.

"SCOTT SHEFFIELD, CEO PXD: For the year, probably one well in Block H, 2 wells in...at least 2 wells in deep water Nigeria with one well starting in February. The other 2 wells won't be drilled until 3rd or 4th Qtr. Obviously, we're over there, we're going after 200m-750m barrel targets. 3-D seismic fairly good, in some cases DHI(?). We haven't...on two of our blocks we have signed up, uh, we haven't received gov't approval. Once we receive gov't approval we will press release those awards. Also, in blocks we bid on that's public knowledge, that's Blocks 2&3, with Devon in the JDZ between STP & deep water Nigeria, Block 1 was just awarded to Exxon and Chevron just recently, so, obviously we're hoping for positive news here over the next few weeks on that."