Replies to post #137564 on ERHC Energy Inc (ERHE)

[wtao]

Thanks for news.

[RUBY1100]

Aban [Abraham] - August 2008 Presentation

http://www.aban.com/downloads/aolpresentation.pdf

Specs
Drill to 6600 Ft

Contract Expiry
Sep 2008- Aug 2011 [huh ????]

Day Rates
$325,000*/ $410,000

Customer
West Africa

[DegenerateGambler]

Thank you, detective Dat for the AA contract clarification. I knew someone here would get to the bottom of it. Dan K could not "speak" for AA or Addax or Kosmos even though Jim L let the cat out of the "whoops" bag. Now we have the information right from the source, the contract is for 4 + 4 drilling slots, just like I summarized after weighing all the evidence. This gets Dan K. off the hook, so we do not have to bug him about this anymore.

[Top Drive]

Wonder if Kosmos must exercise the +4 wells option as a package or can they take up to 4 additional wells, one by one with certain advance notice? Don't know if we will ever get that kind of detail. EOM