Replies to post #321228 on ERHC Energy Inc (ERHE)

[Gremlin9999]

Midtier: Do you think ERHC will have to have another R/S soon?

[kingpindg]

Yes, mid, I stand corrected...


on my earlier statement that the wells were currently non-producing. They must have filed late reports for the September and October production from Ganado Deep.

And if you look again, you will see that Newstar operates two leases, with Francitas being located in the Lovett Estate lease. Newstar only became the operator on the Lovett Estate lease in November, so I don't know if that lease is included in the $510K or not.

Do you know what approximate percentage per barrel an operator receives from a lease such as Ganado Deep?



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