Replies to post #223244 on ERHC Energy Inc (ERHE)

[Strategyone]

It's about time. It doesn't tell us everything we want to know but at least it is a progress report. Thank you PN for the update.

[Digdeepforsweet]

brez63 GREAT ...update thanks a bunch....glta Dig.

[kownski]

Maybe Midtiers letter did some good, even before it got there!

It's a start..

Thanks Brez

John

[ewing4]

Thanks brez!!!

I thought we only discovered biogenic gas... and no oil??? HMMMMMMMM.... Wonder what else will be discovered "any time" in "the coming weeks"???

Where's my check book!!! :-)


With ERHC's assent, support and participation, the operators of Joint Development Zone (JDZ) Blocks 2, 3 and 4 are currently negotiating the terms for entry into Exploration Phase II with the Joint Development Authority (JDA).

Natural gas was discovered in at least three wells

The operators' analyses of the well outcomes, while still ongoing, are informing the parties' negotiations with the JDA on terms for entry into Exploration Phase II (or a further extension of Exploration Phase I).

We are highly encouraged by the decision to negotiate entry into Exploration Phase II. In meetings with Sinopec Corp., operators of JDZ Block 2, and its subsidiary, Addax Petroleum, operator of JDZ Blocks 3 and 4, ERHC has been a strong advocate for advancing to Exploration Phase II and we consider the current negotiations to be a very positive development.

An agreement could come at any time.

In the coming weeks, we expect reports to be completed by the Company's advisers and independent experts on the Company and its assets ...... which will include an analysis of the Company's existing portfolio of oil and gas assets conducted by independent engineering firm Netherland Sewell & Associates.

[investorbynight]

In Seismic We Trust :)

[furax2000]

thanks brez63 em