Replies to post #95073 on ERHC Energy Inc (ERHE)

[oil-cowboy]

BSK, given that ERHE is basically a holding co with rights in one specific area, do you think we will get top value for our rights if we remain exactly the way we are right now? Sans buyin/partnership

I would be slightly dissapointed to have waited all this time for 1bb of oil in our coffers. IMO if feel their is more than the 14.4bbls in the JDZ. Too many shenanigans and tight holes make me very curious as to what lurks below. 10 holes in a row will tell the tale. Getting closer by the day. Just need a peek in Blk 3 before that to get the excitement going.

Have a great day all.

[tryoty]

bsk,

"Are you estimating more than 1 billion bbls per block, or are you adding in blks 5,6,9 and the STPEEZ?"

Hoping for the first scenario and extremely comfortable that the second will make it happen.

[kuxe0]

JDZ frame work compared with AKPO

The JDZ tax rules and royalties seems to be more favourable to producers than in AKPO (Nigeria).

I do not know details only heard rumours like that.

If these rumours are true, the price per future P 2/ P 3 barrel in the JDZ should be higher than the P 2 / P 3 barrel price in AKPO.

Additional the JDZ (as an international treaty region) is not included in any OPEC quotas. This should help also the price per barrel.