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RUBY1100

07/27/05 10:51 AM

#8673 RE: markgovols #8671

Thanks Mark, Signing ceremony for each block,
all with in 90 days and Chevron drilling in Oct.

I guess we can expect to see big travel expenses listed on the next filing

all is on track

Big money will come with contracts

ERHE wont be at these low levels for ever

Platina

07/27/05 11:13 AM

#8680 RE: markgovols #8671

markgovols - Tks for info. If you speak with him again, please ask name/type of drilling unit (rig/FPSO) that will deplored for the exploation drilling in Block 1 in Oct. I can check with some offshore brokers the position of a unit if I'm given the name.

Mongo1071

12/14/05 11:16 AM

#15621 RE: markgovols #8671

****UPDATE****

Posted by: markgovols
In reply to: None Date:7/27/2005 10:44:33 AM
Post #of 15619

Just spoke with Sam Dimka at the JDA. He said the absolute latest that PSC's would be signed and announced would be early October. BUT, when I asked him if some would be announced before then he said that obviously some will be announced before then. I told him I had heard PSC's for blocks 2,3,4 were all but done and they might be announced soon and he again said that obviously some would be announced much sooner than others. He said each PSC signing will have a Signing Ceremony to promote each block. Also, he confirmed that drilling in Block one will start in early October. He stated that by using the Block one PSC template the process will be much much quicker to get done. You can call for yourself. 011 234 9 524 1069.