Replies to post #160406 on ERHC Energy Inc (ERHE)

[spp119]

Indeed,Stay the Course it was,

Moreover, if Kina and Bomu (and maybe the smaller Kina South) do not meet the minimum expectations, I hardly think JDZ drilling sheduale will be pursued with any rigour, if at all.

That's why these two wells are so important. If discoveries are made and viewed as commercially promising, the whole JDZ venture will be substantially re-risked.....with all the attendant welcome consequences for us and every other stakeholder concerned.

Until then nothing is obvious or known.

spp119

[petemantx]

Since you have experience in deepwater drilling, what odds do you give our blocks to have commercial oil?

I realize there is risk, but with today's technology, the predominant abundance of oil found in the GOG, the seemingly overkill of reprocessing the data for KINA, etc. I (as a complete stranger to oil drilling) hope that our odds are way above 50%.

Am looking forward to your guesstimate and appreciate the experience/info you bring to the board. TIA