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Energulf Resources Inc. ENGFF

Energulf Resources Inc is an oil and gas exploration company. Along with its subsidiaries, the company acquires and develops oil and gas projects in the Gulf of Mexico in Africa and Albania. The company's assets are located in Canada, Namibia, Albania and the Democratic Republic of Congo. Majority of the revenue is derived from the properties in Canada.


GREY:ENGFF - Post by User

Bullboard Posts
Post by Raffi14on May 29, 2008 11:13am
228 Views
Post# 15122749

Deeper Well = More Oil

Deeper Well = More OilAfter speaking with some experts in deep water drilling, I have learned that (in most cases) the deeper the well the more potential there is for a greater pool of oil.  The Russians know how to find it, and many "world class" reserves are located deep within the earth's crust for a variety of reasons.  Bottom line:  I take this news as being EXCELLENT!  Now, I am extremely confident that we will hit a very large amount of oil.  Patience is the key.  They want to do it right, so let them.



Cheers,




Raff.
Bullboard Posts