ERHC Energy Inc (ERHE)

[tryoty]

I agree with you on this...

"So who cares if there are 10 billion bbls in block 1 if Blocks 2-4 have zip"

In fact, that statement can be made this way and be equally accurate...

"So who cares if there are only 30+/- million barrels in block 1 if Blocks 2-4 have billions"

The jury is still out. Hopefully what was learned from the 5 wells drilled in blocks 2-4 and the additional information from block 1 (Sinopec is a 40% partner in that block in case you forgot) will help pinpoint where the crude from the now proven hydrocarbon kitchen are hiding. Many large discoveries start out this way, AKPO included. You take your best educated guess from seismic and drill. Sometimes you get lucky and strike, but most often you don't and have to incorporate what was learned to the models and try again.

IMO, that's why Sinopec hasn't left... they still plan to explore further with the information gathered so far.