Replies to post #135536 on ERHC Energy Inc (ERHE)

[bayfisherii]

Strass,

I am not 100% for sure (maybe only 90%) but to my knowledge as few as 3 to 4 wells can be drilled to determine the reservoir potential of a specific field. Which indicates that once drilling begins and if all things fall into place the market could have a good idea of what some reservoirs with the JDZ have as proven reserves in a very short time (maybe 6 to 10 months). And depending on what those reserve predictions are we could see an ERHC stock price appreciation also in a very short time.

My point being, it only takes 3 or 4 wells to determine the portential.

BayfisherII

[RKT989]

as soon as the first hole is drilled Addax themselves will extrapolate proven and probable..So will the investors and commercials.. Oil on the first hole will be BIG as far as share price.It will prove the seismics are seeing oil..it will then be easier to come up with estimates..