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petemantx

08/06/08 9:28 AM

#136608 RE: RUBY1100 #136597

I take heart in the continuing reference to 4th qtr drilling (if ROO becomes available). I see this as evidence that we (ERHC and partners)are not accepting Q3 '09 as earliest probable start of drilling. Still buying and now feel as if we have entered the stage where news could come at any moment. It has always come out of the blue in the past and I expect the same over the next 9 months.
OT: If anyone would like pictures of Scottish golf, let me know and I will post on the test board here so as not to muddle up this board.

condor1

08/06/08 10:19 AM

#136613 RE: RUBY1100 #136597

If they do a thorough seismic survey,why is there a need to then undergo an "exploratory" well? With the seismic data in hand,why not make a determination of where best to drill,then go about setting up a drilling "production" well ? What additional information will be THAT different and beneficial,that is above and beyond what the seismic survey data provides ?

Homeport

08/06/08 10:59 AM

#136626 RE: RUBY1100 #136597

Ruby, "I take heart," to quote Petemantx, whose state of heart I take seriously, from Addax's view: "In OPL291, the Corporation is also planning to acquire 3D seismic survey in the second half of 2008."

Despite all the apparent flap in Abuja, the company seems sure of itself in OPL291, which it obtained via Offor's Starcrest. That, along with recent news of gas tie-up with Chrome and Koreans, leads me to think that Gandur's and SirO's NG political contacts remain very solid, regardless of ongoing changes.

Bests,
HP
P.S. Petemantx, pls, do post your golf pix!