InvestorsHub Logo

claudealain

10/17/09 8:54 PM

#183467 RE: Strategyone #183464

Strategyone, I think you hit the nail on the head. NSAI numbers for all prospects in all blocks where ERHC has rights would be a lot higher.
GLTY, Claude Alain
Long & strong

brez63

10/17/09 9:48 PM

#183468 RE: Strategyone #183464

Strategyone,
Sorry dude, but the NSAI were for each individual blocks, not drill sites.

"In 2009, the independent engineering firm, Netherland, Sewell & Associates, Inc. (NSAI) released a Resources Assessment for ERHC that examined unrisked and risked prospective resources for JDZ Blocks 2, 3 and 4. The NSAI report estimated ERHC's unrisked prospective resources in those JDZ Blocks totaled more than 336 million barrels of oil and 372 billion cubic feet of natural gas (P50). The NSAI report estimated ERHC risked prospective resources in JDZ Blocks 2, 3 and 4 totaled 135.5 million barrels of oil and 144 billion cubic feet of natural gas (P50)."

From ERHC website

cheers
Brez