Are most like me in thinking that we hit some very high pressures when drilling Phase I? I don't see how you can have these high pressures with no hydrocarbon systems driving them; but then again I am not an oilman.
I think everyone has become more realistic of the risks in the JDZ but with so many targets, such promising PGS abd NSAI estimates, the rash of finds all thru the areas around the JDZ, etc. how could one not be optimistic? I still do not doubt the assets, but the timing for us to realize profits from ERHC stock price spiking is now something I can't be sure about. May not be by the end of the year but certainly next year (but then I said that last year).
Certainly not getting cold feet this late in the game. I am still amazed that we could be so close to realizing the good news and bright financial futures that so many envisioned when first investing in this company.
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