Replies to post #45481 on ERHC Energy Inc (ERHE)

[Cardinal Richelieu]

To paraphrase a line from a movie,

"Find it, lots of it... especially lots of 'it' that the world can't get enough of... and the demand will demand it be produced... and the infrastructure will appear with amazing speed to produce 'it'... and they will come"

[walldog0]

Flaring the gas will unlawful in GoG soon....em

[Stay the Course]

Maestro: Gas is no longer worthless over there - Nigerian LNG trains under construction may take much of associated gas, witness EEL exploring for gas for these. It is a side effect of capitalizing on elimination of flaring and exploitation of gas reservoirs in Nigeria - it becomes very doable to lay pipe 100-150 miles from offshore locations to LNG liquefaction trains. Parallel would be Gulf of Mexico where such lines hook into trunk lines to consumers across the US.

A couple of years ago the perception was indeed one of gas being worthless. But believe that "Times are a changin'" as Bob Dylan would sing, even for Nigeria. All JMHO.

[stockhocker]

Really? According to my math, the gas will add 50% to the value of the oil, given the timeframes. BTW, flaring in NGR becomes illegal in 2008.