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Replies to post #149795 on ERHC Energy Inc (ERHE)

Replies to #149795 on ERHC Energy Inc (ERHE)
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emdyal

01/23/09 8:53 PM

#149797 RE: printmail01 #149795

??? ""not economically viable for it to develop"

Could any company make that determination by drilling only a single well ???? Lots of times a company will drill dry holes but "continue drilling" !!!!! So one hole to arrive at this final conclusion ?? I think not !!
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YankeMike

01/23/09 9:12 PM

#149799 RE: printmail01 #149795

ERHC doesn't have to force drilling. Drilling by Addax via the Aban Abraham is scheduled to take place in the 2nd half of this year or the 1st quarter of next year. Anadarko has stated that they plan to drill in the 2nd half of this year. Addax has stated that they are continuing to seek a rig of opportunity.
Mike