Replies to post #243194 on ERHC Energy Inc (ERHE)

[kownski]

Al, you said----<how can biogenic gas be woth "tens of millions of dollars and potentially many times higher"???>

JMO, but if they drilled the highs in those zones (which is what I've thought all along) and only found gas and still think it's worth tens of millions of dollars, they must know they have condensate and oil in those zones below. Wouldn't you think?

John

[Julius Erving]

"Back to his latest comments.....how can biogenic gas be woth "tens of millions of dollars and potentially many times higher"??? seems an absurd statement following the "biogenic only" statement....

This is bizarre....."

Doc,

There are still a dozen or so prospects in our JDZ Blocks. You know that, and yet you make me repeat it. Why is that?

ERHC has stated that the five well drilling campaign costs are approximately $300 million. ERHC's share is 22 percent in Block 2, 10 percent in Block 3 and 19.5 percent in Block 4. You can do the math to figure out what ERHC's share of costs are and 100 percent of those costs plus any costs related to potential future exploration, development and production are carried through to production by our technical partners. Complying with the agreements that have made it possible for a small Company like ERHC to participate in this deepwater exploration program is prudent.

Daniel Keeney, APR
DPK Public Relations