Replies to post #64009 on ERHC Energy Inc (ERHE)

[littleBitmoore1]

Nice find, Nightdaytrader.

Addax's got a rig for offshore Nigeria 2007.

Thanks for your posts.

lbm1

[oil-cowboy]

Thats a great find. If Addaxx has a rig for a full year, I'm sure they could drill enough holes in our blocks to have an idea of how many BB of oil/gas.

That is why I am here. Bad press....lol. I have (and many others I might add) have grown some thick skin around here in the last couple of years. It'll take one hell uv a blow to knock the shares out of my hands....

[Pup]

Night - The Scarabeo 3 is a late generation "floater/jack-up"... It can't handle the water depth of B4 ... Addax has this contracted for their other Nigerian drilling obligations..

It's still good to see they're active and agressive.

Pup

[kuxe0]

There is also non US deepsea technology

in northern Europe for example. Some people say it is even more advanced there...

And here is an interesting article about Brazil deepsea drilling technolgy.

http://www.nytimes.com/2006/07/07/business/worldbusiness/07petrobras.html