Replies to post #351790 on ERHC Energy Inc (ERHE)

[Ebenezer3]

another example of a troubled drill, the cgx kawa1 in Guyana budget $85mil duration 90 days the results, drill cost $144mil and took 6 months and on top of that they couldn't compete the wireline logging runs and basically ended up with just drill cuttings. unfortunate but it happens, at the end of the day don't see what block 6 has to do with block 4. Erhe needs to get there sh*t together and act like a company??? Good luck

[lovemelongtime]

Probably have to double that figure for crew, engineers, helicopters and provisions ect.