Replies to post #274666 on ERHC Energy Inc (ERHE)

[oil-cowboy]

Whether you want to believe it or not, we are surrounded by world class finds. Elephant finds, not just small discoveries.

Does this guarantee success?? Of course not. What it does is significantly increase the odds of us finding our own elephant herd. Especially given the sheer size of our property.

What do you think Tullow/AO committing 800 million into their next round of drilling say about our area? There's a chitload of oil in the AREA... plain and simple.

Cheers

[sideeki]

Based on your oil experience is it better to acquire/drill close to where other oil fields have been found or is it better for ERHC to drill where no oil has ever been found or indicated by seismic?

As an oil executive did you pay attention to the drilling activities of other oil companies or did you just ignore what other oil companies were doing because it had no relevance to your oil company? Should ERHC therefor just ignore what other oil companies are doing in other adjacent basins?

[Scarbender]

Mid Tier: Does ERHC have any PS interests in Kenya, especially in the eastern side of the oil prospecting areas? Quote: "an new play fairway on the eastern side of the already proven Lockichar Basin. A number of additional prospects and leads will be de-risked on this 'eastern flank' play if the Etuko well is successful." taken from Keith Hill of AOC. TIA

[Krombacher]

Midtieroil,

Is there a link describing any stand alone oil well which is isolated from other oil well say in a 50 miles radius of it?

From what I can see there are many oil wells in certain geographic areas, i.e. Texas, Canada, GOM, GOG, Saudi Arabia, Iraq, etc.

Even though they may be in different basins or geological structures, they tend to cluster in a given area.

But if there are overwhelming examples of isolated wells I would be happy to hear about them

otherwise wells found near EHRE blocks are a positive, imo