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Rapp

10/17/09 4:21 PM

#183460 RE: tryoty #183456

tryoty and Kownski: I have always enjoyed reading each of your informative posts and will wait for further disclosure by company officials. As far as Nicks' comment mentioning oil in the EEZ, that is another potential area for hydrocarbons and is not part of the JDZ conversation and expectations.

In past reports,estimation oil in the whole Area could run as high as 15--60 billion barrels. At the time these estimates were made full surveys were not complete, it was only a probability posted in RB or I Hub gleamed from articles.

At this time while the drill ships are at work and the companies are checking results, we wait answers.

I believe we have numerous oil deposts in the blocks we control which could be very commercial.OMO I do not have any more information regarding present day oil then anyone else.

Enjoy your position and enjoy the future results. Again OMO.

Rapp jr
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RKT989

10/17/09 4:48 PM

#183463 RE: tryoty #183456

Agree ..with only one difference..

ERHE is in on the game..They have told us..they have told us..and they have told us.All for more jdz acreage and the EEZ..

Company
"it will benefit us strategically to downplay the drilling program"

If EEZ auction gets done in FEB2010..we will be off to the races..
by then I still expect us to be up higher than we are now..

But after auction we will soar..imo

We will either be bought out for a big payday or we will become a small company with a lot of oil (or if we sell assets(some)or some oil and cash and the EEZ ..

It will be good anyway it goes..imo
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Strategyone

10/17/09 5:07 PM

#183464 RE: tryoty #183456

tryoty,

the 14.4 Billion once used was a total of ALL prospects based on seismics at the time. The NSAI numbers are ONLY for the specific proposed drilling sites and do not include the many, many other prospects. I believe they are both conservatively understated as they should be at this stage.