Replies to post #262649 on ERHC Energy Inc (ERHE)

[TOB]

look at the EEZ it's just incredible how much area ERHC has.

Yep, just look at my signature picture below for an overlay showing the comparative size of the JDZ with ERHC's two massive 100% blocks in the EEZ. Not to mention ERHC's two 15% options in other blocks.

Look to the right and see current drilling activity in just Equatorial Guinea. Gabon is not shown and also has drilling activity. Both also have oil discoveries right across from ERHC's massive EEZ blocks, in similar geology.

Consider how all that drilling in Equatorial Guinea could fit in just one of ERHC's massive EEZ blocks.

Just drilling excitement in the JDZ has ERHE trading over 600% higher than today's price. That is all without finding a drop of oil.

What are the odds that the EEZ will not see drilling when there is so much exploration starting across the way in similar geology resulting in oil discoveries?

What will happen to the ERHE share price if there is a commercial oil discovery in any one of its 14 huge exploration blocks?

I suppose it's possible that none of the 14 blocks ERHC has interest in will see additional drilling. But that seems a pretty low probability event.