ERHC Energy Inc (ERHE)

[ERHClongtimer]

One salient comment from the Pioneer presentation in London that hasn't been noted as yet on this board (to my knowledge):

"Our most exciting blocks obviously are centered right in the middle, around a block that Chevron/Exxon just went into. They'll be drilling a well in 2006; that's Block 1 in what they call the JDZ. That's the Joint Development Zone between Nigeria and Sao Tome, probably one of the hottest plays going on in the world today. ... Obviously we'll be drilling several wells there, looking for 3-5 hundred million targets over the next several years."

(http://www.vcall.com/CEPage.asp?ID=92527 starting with minute 19:38; view slide 26.)

Sounds like Pioneer is pretty committed to their JDZ blocks. Centurion called the JDZ "one of the last elephant hunting grounds in the world." Pioneer says "probably one of the hottest plays going on in the world today." These words are reassuring.