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bayfisherii

08/11/10 12:36 PM

#219977 RE: tryoty #219974

Just using the numbers from the Feb 2010 Quest spreadsheet.

I came up with: 200 million barrels of oil & oil eqivalents for ERHC. And a per share price of $2.37/share.


And this is from only 4 fields that were marginally explored:
Lemba, Bomu, Kina & Kina South.
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nh

08/11/10 12:45 PM

#219980 RE: tryoty #219974

What do you make of these cells?

Block Gas Volume Oil Volume Predrill Volume
'JDZ BLK 3, Georgian Sector' 1000 184
'JDZ BLK 4' 1000 458

Gas Volume
1000
1000

Oil Volume
-
-

Predrill Volume
184
458


What's the predrill volume as compared to the other volumes?

Sorry to the board if my questions are too elementary and thank you for answering them.