Replies to post #291660 on ERHC Energy Inc (ERHE)

[oil-cowboy]

Sounds about the same to me....

"Dr. David Mestres Ridge, Swala’ s CEO, said, “These initial results from the seismic program are very encouraging in that the extent of faulting in the basin suggests the possibility of structural traps both within and at the edges of the basin.

“We look forward to updating the market once the reprocessing and interpretation of the data has been completed which should give a robust understanding of the trapping potential.”

[Krombacher]

Not really...Swala gave no resource estimate...plus they HAVE to say something given the vote of no confidence that some may read into the CEPSA decision to withdraw from that block in favor of our block.

[tryoty]

Swala commented after SEISMIC was completed, not after an FTG study that was conducted to determine the best locations to focus on for seismic studies.

Apples and oranges.

[umbra]

Seems like ERHC is not the only company using words like *encouraging* to portray initial findings. Granted, it is nebulous jargon. But better *encouraged* than *disappointed*.