Replies to post #126784 on ERHC Energy Inc (ERHE)

[redinvest]

Thx, Larry, precise explanation. red em

[RUBY1100]

Larry... Addax has stated they feel JDZ Blocks
[their portion only]
contain 742+ Million Barrels Unrisked and 389 MM bbls risked

they have stated these figures several times.... see here .....

http://www.addaxpetroleum.com/_media/2007-10-24_Investor_Presentation_Canaccord.pdf

Q: do you agree with them from your research and analysis of the region and surrounding fields ???

On trend with world-class oil fields
– Agbami (Chevron): 800 to 1,000 MMbbl (”Big 5”)
– Bonga (Shell): 700 MMbbl
– Akpo and Usan (Total): 500 MMbbl each
• Unrisked EUR : 742 MMbbl (389 risked), acquired for

$185 million ($0.25/bbl unrisked) - excl. JDZ 1
• Experienced deepwater exploration and drilling
teams assembled

• Deep water drilling rig contracted for up to 10 wells,
starting in Q4 2008

[gray wolf]

Lsm39_2000

Ism...do you think they will driveI` the 36" caseing in the mud then drill inside of it then set the 20" and cement it into place then set the BP on the 20"??because setting the 36"in mud in 6000ft of water without cementing in place will ever fly IMO.Even with the two casing set in i mile deep water is still is little scary.When everything is said and done (hole completed)the well head is setting on the ocaen floor.how do they do that is behond me..I have been around alot of onshore rigs but none off shore....