Replies to post #258823 on ERHC Energy Inc (ERHE)

[123wrc]

Please exercise moderation in the speculations...its fun, but we have been down that road too many times.....I was a much younger man when I first jumped into this and have learned to temper all of it

[badog]

Krom...
All reports are that only biogas was found. DK was explicit about this. Danagas believed it where it involved them. DK inferred that the Chad assets could dwarf the JDZ...why? SNP has stalled for years now without announcing even an intent to move forward. BM issued a report that indicated that ERHC would need to replace SNP as the operator. When asked about this DK could only refer back to the three available options for the JDZ...one of which was replacing the operator. Total took over block 1 because there was actual oil found by Chevron. So there is not much of a case to be made that would indicate that Total would want to jump into blocks 2, 3 or 4. And you want to know how investors feel?

Well I, for one, feel that it would take a pretty compelling argument...after 5 dusters...to want to throw hundreds of millions more dollars at these blocks.

These are just my opinions and everyone needs to do their own DD...and check the facts for themselves.

Badog