Replies to post #181293 on ERHC Energy Inc (ERHE)

[oil-cowboy]

I think you hit the nail on the head Vine. Chinese are dying for reserves and willing to pay, also add in our full carry and the recent Addax purchase. Its a no brainer IMO>

5$+ please.

[puff]

I too am most interested in these "extra" wells beyond the contract of one well per block. Unless i'm mistaken they weren't even mentioned in Mark"s post.

If more then the recquired holes are drilled it will speak volumes as also will the lack of the use of the drillships.

I'm very concerned that they are only drilling to meet contractual obligations at this time. Common sense says if large discoveries are found then drill like crazy if you have the ships under contract.