Replies to post #45497 on ERHC Energy Inc (ERHE)

[Lickety Split]

Maestro,

Believe I saw something about container ships/docks for LNG being deployed in GOG. The plan, if I have it right, is to brign the LNG to central processing points for conversion. I am sure I don't have all the facts but there has been a lot of PR's from the many African country news orgs talking to this issue. It did sound promising.

Strass

[Cardinal Richelieu]

Maestro,
you're clearly a very bright person. I think you may not fully comprehend the looming supply/demand imbalance for natgas and the price implications said imbalance portends.

TX has already had two days over 100 degrees, so far, in April.

Most long-range extended forecast weather models are suggesting this will be the hottest summer in recorded history.

All the gencos are now firing their peak-load plants with natgas. Some even have most of their baseline plants using it, as well.

The soon-to-be-realised prices for natgas - I expect $20+ by some time in August - will drive crash programmes to put pipelines in place out to places such as the JDZ.

The world is soon going to be SCREAMING for natgas - from onshore, offshore, anywhere!

[Stay the Course]

Maestro: Try $130,000 per inch mile, say a 16 inch line for maybe 200-300 mmscfd for 150 miles (don't know richness or compression) but ballpark is then 16 x 150 x 130,000 = $208 million, lay it in a season, ready to go say 2008-2009, i.e. consistent with plans for export via LNG and gas field developments by indies.

Good then for 20 years, based on GOM. Very economical way of delivering gas ashore, worthwhile when long term gas export now expected.


Stay the Course, even for gas

[Stay the Course]

Remember Oscar Wyatt in South Texas 40 years ago? Made a fortune collecting and selling "useless gas in small quantities".

He had vision, like the founders of ERHE 8 years ago, oh yea of little faith.


Stay the Course