ERH 0.00% 2.9¢ eromanga hydrocarbons limited

I am doing some research and dragged out an announcement from...

  1. 336 Posts.
    I am doing some research and dragged out an announcement from ERH dated 25th March 2008 when 330 was completed as a producer.

    They state that they expect 60-100 barrels per day from the 15 metre pay zone.

    We have shows for 63 metres with out even testing the primary target and then testing another prospective target.

    Not one to extroplate things but I am expecting a damn sight better than 60 barrels per day out of this appraisal well.

    All seems to be falling into place for ERH. Confirmation of the original well, appraising the size of the oilfield and adding this to the daily production profile of the company.

    Bring on the development plan and show me the money.

    Regards

    Kojasper



 
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