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tryoty

03/14/09 6:40 PM

#155174 RE: petemantx #155170

Not that I've seen or heard of. There ought to be some info out of Anadarko about their prospect prior to drilling.

Sinopec will be worthless until they want to buy Addax/ERHC and *maybe* then they'll tell if they drilled, when they drilled, and if we're REALLY lucky, what they found.

I know Sinopec is our protection against a low-ball buyout, but they are proving to be worthless as business partners.
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Tapco1

03/14/09 6:50 PM

#155177 RE: petemantx #155170

Petemantx - The most recent ADDAX presentations contain estimates for Blocks 1,2,3 and 4 with primary drilling targets in each Block. Check their Capital markets Presentation in the 2nd half of 2008. (I think it was their September Management Presentation.) Slide 46.n See Link Below

http://www.addaxpetroleum.com/_media/Capital_Markets_Day_Presentation_Sept_2008.pdf




JMHO

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Fishdog

03/14/09 7:55 PM

#155189 RE: petemantx #155170

It is the best prospect in all of the JDZ. Block 4 is the KINGMAKER. Followed by Bl 1, 2 and then 3 as far as expected reserves are concerned.