Replies to post #208047 on ERHC Energy Inc (ERHE)

[ponzi_implosion]

Sure thing Midtier

From Farrels article

"...According to Total, Transocean's fifth-generation Deepwater Discovery drillship has been drilling Akpo wells since August 2006. Transocean says the drillship is under contract to Total until August next year – at a day-rate of $364,000..."

From Transocean March 2 2010

Day rate on the pathfinder $650K per day

http://www.deepwater.com/_filelib/FileCabinet/fleetupdate/2010/RIGFLT-MAR-2010-Summary.pdf?FileName=RIGFLT-MAR-2010-Summary.pdf

Regards

P

[petemantx]

Steel prices are going to be going skyhigh within a month. The fastener industry already has a major cost increase in the works due to the price of steel now being so much higher than just a few months ago.