1/Block 330 has a pay zone of 15meters, ERH estimated a mid case contingent resource of 3mln barrels (without limiting the high case).
2/ Block 430 has 2 gross intervals: 38m and 111m, or a net 149meters. Does this mean there might be potential contingent resource of 30mln barrels ????
This is premature number but out of 2 blocks, look like ERH has around 13mln barrels net to itself.....
That is more than $1.5bln in ground value, what is its current market cap???? $50mln????
1/Block 330 has a pay zone of 15meters, ERH estimated a mid case...
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