ERHC Energy Inc (ERHE)

[Krombacher]

Please provide a link for the following:

Sixty million is probably about what it will cost to get one hole in the ground when you consider all the required testing and then the drilling cost.

First, where does one get $60 million? Are you factoring in cheaper Kenyan labor?

Second, it doesn't matter what the drilling costs are if the commercial oil justifies the cost.

Third, if ERHE gets the kind of carries Africa Oil got...Africa Oil, in addition to the $35 million, also got $45 million toward future drilling costs...i.e. carries...

then it is a non-issue, since clearly oil companies in Kenya are willing to do those deals.

Krombacher