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ewing4

05/09/10 3:36 PM

#213737 RE: farrell90 #213734

Excellent post farrell. You have shared "exactly why" I stand firm in this investment!!! Thank you... :-)
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puff

05/09/10 5:45 PM

#213740 RE: farrell90 #213734

You have to believe me I hope you are correct in all your speculation. But In all seriousness the logical question is never fully answered in my mind.

You mention companies like AKPO, SNP, Total, ERHC and places like Dubai, W. Africa, Qatar, Nigeria and Sao Tome all being aware of the vast resources we have in the JDZ.

If this is the case I'm still find it almost impossible some news hasn't leaked on how cheap ERHE must be as a huge owner of assets in the area, a steal in fact at .26 cents. We should be skyrocketing by now now going down almost every day.

You truly believe this is the best kept secret of the century?
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RKT989

05/09/10 10:04 PM

#213752 RE: farrell90 #213734

great summary..
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Julius Erving

05/10/10 4:46 AM

#213769 RE: farrell90 #213734

" It is possible Addax and Sinopec just drilled the gas caps to confirm what they suspected after evaluating the seismic data that Kina and Bomu are gas and condensate fields similar to Akpo."

They drilled to at least 3500 meters, and Malanza was even drilled to 4196 meters.

Now how deep did they drill at the AKPO site? I would like to know that, for some kind of reference.

Deepest drill:

http://www.energyindustryphotos.com/deepest_offshore_oil_drilling_ri.htm

Malanza 12500 feet...

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Jim Long

05/10/10 8:37 AM

#213771 RE: farrell90 #213734

Great reminder of the facts and appreciate your opinions of how the facts align. This is a keeper.

Thanks,
Jim
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farrell90

05/11/10 10:00 PM

#213972 RE: farrell90 #213734

An additional important fact I omitted is the JDA sought bids for 3D seismic...after the drilling was completed. Farrell

http://n-stpjda.com/news.asp?id=30