ERHC Energy Inc (ERHE)

[vineseeker2]

yes, look at what has been going on with drill ships, the Pacific Siroco headed for JDZ block 1 was contracted to Total before it was completed, one year guranteed at $475,000 per day and options on four additional years.

It took over two years to get a drilling slot for the Deepwater Pathfinder for our first four wells. Even the Abram has been kept busy. SNP "borrowed" the Sedco 702 for the Bomu well in JDZ block 2. There arn't enough drill ships to meet demand and the ones being built are being leased before they are complete.