Replies to post #210855 on ERHC Energy Inc (ERHE)

[YankeMike]

It is my understanding that Obo-1 contains 80 to 100 million barrels of oil. I remember reading it in one of the Afren documents.

Mike

[badog]

>>>10 OBO's at 60M barrels and we have an AKPO. AKPO has 42 wells, half producers, half injectors. JDZ 1-4 will have over a hundred by the time it's all developed.<<<

The above could certainly be true. Neither you nor I can prove it is...and we can't prove it's not. What we currently think is actually not relevant because it is all just speculation. Maybe Sinopec has not even made a determination at this point.

So, until ERHC has proven that it has commercial quantities of hydrocarbons I would guess that the SP is at the mercy of the traders. Convictions seem to be strained again today.

Personally, I hope JDZ 1-4 turns out to be an AKPO x 100.

Badog