22 Reasons to own ENG - See Top 10!!Hi Everyone and greetings to new investors,
We are all very busy and yet we need to do proper due diligence when it comes to making money!
It is my intention to help by cutting down your time for due diligence in this stock, as I believe ENG is the best story out there and with reason. Of course as the story unfolds things may change but for now given the magnitude of events heading our way in very short term I believe there is nothing better out there!!
Top 10 Reasons ENG is a VERY STRONG BUY! (See below for many other reasons!)
(Feel free to tell me any other reason that should be in the top 10! Or if a reason should move up the list!)
Countdown!
# 10 – “Representative of Sintezneftgaz Namibia Limited for Africa, Dr Valentin Khalin, was optimistic that his company will find what others have searched for in . "We have90 percent expectation to find oil or gas…”
https://allafrica.com/stories/200711130215.html
# 9 – Resource Investor bullish article entitled: “EnerGulf Looks Forward to Major Oil Strike Offshore ”
https://www.resourceinvestor.com/pebble.asp?relid=39247
# 8 – The former owner of the 1711-licence, Mr. Van Dyke, CEO of Vanco Energy, is the top specialist of oil exploration. Van Dyke said his company was "convinced there was a potential of 3 billion barrels crude oil in Albian reservoirs in its license area 1711. We took 3600 kilometers of 2-dimensional and 3-dimensional data in our license block and the immediate area around it. The results for the Prospect were very good. Gas is leaking out there.”.
https://www.namibiaplus.com/indexajax.php#archivedArticle91
Why did Vanco pull out of the remarkable project??
(remember, the price of a barrel oil was about 30$ at that time) :
Formerly held by the US-based Vanco Energy Company, Blok 1711 has the potential to yield viable quantities of both oil and gas, according to industry specialists.
But energy minister Nghimtina said, ‘Vanco pulled out recently as its search for a strategic partner was unsuccessful.
https://www.newagebd.com/2006/apr/02/busi.html
# 7 – No insiders selling only acquiring! If you want to see insiders buying or selling:
https://www.canadianinsider.com/coReport/allTransactions.php?ticker=ENG
# 6 – Interview of President and CEO of EnerGulf, Jeff Greenblum:
https://www.stockcast.de1.biz/_www_stockcast/joomla/index.php?option=com_content&task=view&id=119
# 5– Analyst’s comments on BNN:
https://www.youtube.com/watch?v=cRC8QkeZI-I
https://www.youtube.com/watch?v=hrwj2T_IcFw
# 4– EnerGulf has a blue-sky potential 20$ target price according to West Capital Markets:
https://cgxenergy.ca/documents/WellingtonWest-Jan21-08.pdf
TOP THREE!!!
# 3 –Sprott is now a major shareholder:
https://www.sedar.com/
Then click on SEARCH DATABASE then click on PUBLIC COMPANY then type EnerGulf in the Company Name box then click on “Alternative monthly report” next to the Feb 8 2008 date.
# 2 –! EnerGulf Receives Presidential Decree for the Lotshi Block, Democratic ! “The Lotshi Block covers approximately 475 sq km of the Les Zones du Bassin Cotier (ZBC) in the onshore coastal salt basin of the western DRC. It is contiguous to the highly prospective Cabinda area of . The offshore blocks of closest to the ZBC contain the giant (more than 500MM barrels of recoverable reserves) Malago and Takula field complexes operated by Chevron.” – They own 90%!!!
https://www.energulf.com/news/03_17_2008.pdf
# 1 – SHORT TIME FRAME!! #1 well results! End of May / early June Press release to possibly announce one of the largest oil finds in recent times.
https://farm4.static.flickr.com/3238/2420897404_3fd3d1dc89_o.png
From reason 11 Onward!
#11 - American Association Of Petroleum Geologists - : Deepwater Exploration Potential
https://www.searchanddiscovery.net/documents/abstracts/2004regional_west_africa/abstracts/brito.htm
#12 - Oil & Gas Journal – August 1998: Source rock, maturity data indicate potential off
https://www.namcor.com.na/downloads/publications/OIL_GAS.pdf
#13 -BullVestor interview with President and CEO of EnerGulf, Jeff Greenblum:
https://www.bullvestor.com/pdf/bVInterviewENG.pdf
#14 – Tight Share Structure!
#15 – Project - 2.7 Bbbl Hartmann prospect in ’s Block 1711 (Next to )
#16 – ENG has 2D and 3D seismics and chemical tests of Block 1711
#17 – The cost of OIL is going through the roof!!
#18 – National Post – SPROTT – Peter Hodson, Financial Post
https://www.sprott.com/pdf/View%20From%20the%20street/01_12_2008_Rising%20Volume%20On%20Rising%20Price%20Worth%20A%20Look.pdf
#19 – Experts that have talked about Energulf Resources Inc.
https://www.stockchase.com/Company-sl--slq-ID-slv-Energulf--Resources--Inc..php
#20 - Like BUK there will be progress reports on the drilling to boost SP. Who knows what press release could come from ? Or who knows what analyst on BNN will give it a strong buy rating? Or who knows what article in FT or other reputable magazines or newspapers speaking favorably of EnerGulf, or the RI website? One thing is for sure –the downside risk is very low until the drill results
#21 – US Government research on the West Coast of Africa for it’s potential – Article entitled ”BASINGeology and Total Petroleum Systems of the West-Central Coastal Province (7203), West AfricaGeology” – It talks about the Namibian Basin!!
https://pubs.usgs.gov/bul/2207/B/pdf/b2207b_508.pdf
#22 – Article that talks about the large oil find in and how Latin American and African coasts share a common geological formation which was split apart by the , which separated the continents in prehistoric times.Here is an extract:
“There is a correspondence between the oil reserves in the Brazilian basin and those in . Both contain about nine billion barrels of oil, and a similar pairing appears likely between and the basin, the expert said.”
https://ipsnews.net/news.asp?idnews=40086
Here is a picture to better explain:
https://farm3.static.flickr.com/2386/2416035214_de33c22280_o.jpg
GLTA!!!
ENGDD
