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umbra

03/24/06 4:11 PM

#36234 RE: Tapco1 #36233

By Easter you will all be wealthy...very, very wealthy.
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Strategyone

03/24/06 4:12 PM

#36235 RE: Tapco1 #36233

Tapco1, for the investors of ERHE, we are not concerned as to when we will "see" the oil as to when it is proven. Once proven, it will be priced into the valuation of our investment here. There will only be slight discounts to the time it is produced because there will always be speculation as to a buyout for the proven reserves. If CVX comes out and states they have found oil that straddles into block 2 (or others) ERHE will shortly have "proven reserves" without any of their own partners sinking a drill bit.

GLTA,

Strategyone