Replies to post #318527 on ERHC Energy Inc (ERHE)

[Manti]

In commercial quantities...

Hydrocarbons WERE discovered.

[kingpindg]

Not true...

ERHC’s technical partners, Addax Petroleum and Sinopec, have done a remarkable job. We have drilled five deep offshore wells in the JDZ in just four months. After more than a decade of planning and work to make drilling a reality, the focus now shifts from exploration to the highly technical process of determining the nature and extent of the hydrocarbons discovered,” said Peter Ntephe, chief operating officer with ERHC.

http://www.erhc.com/news/erhc-energy-inc-announces-conclusion-of-initial-exploratory-drilling-campaign/

What they finally ended up saying was, "Failed to Discover hydrocarbons in commercial quantities."



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[midtieroil]

That is completely false. A lot Biogenic gas was found. The quantities were too small to be commercial. They were dry holes in the JDZ with no action taken in 6 years.