"d. The significant oil shows and highly-elevated gas readings encountered by the well indicate the presence of a working petroleum system with the strong possibility of significant hydrocarbon generation. "
"c. Based on the result of an aero-magnetic and gravity survey that ERHC completed over the Block, total Petroleum Initially in Place (PIIP) for one of ERHC's two focus areas has been estimated at 278 million barrels (with a high case of 876 million barrels).
d. ERHC holds a 100 percent interest in BDS 2008. "
This is huge news and could be the perfect storm for a comeback not seen since the Paul Newman movies, just when you think ERHE is washed up, Kaboom!!! Aka Donald Trump, Roberto Duran, Ali, boom by Ya!