Energulf Resources Inc. ENGFF

Energy

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.

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Energulf Resources Inc.

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Comment by Columbus1494on Jan 01, 2011 8:21pm

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Post# 17915397

RE: 880 million barrels of oil in Lotshi?

Sorry,with more research I found that they referred the 880 million barrels not only to Lotshi but to all of ZBC.
https://www.energulf.com/news/09_14_05.pdf

We know though that several of those six leads with 880 million barrels are located in Lotshi.
From an ENG newsrelease earlier this year:
"Re-processing and evaluation of the existing seismic data on the block has identified multiple high potential leads.
Once the current seismic program has been completed and evaluated, EnerGulf anticipates commencing exploration drilling."

Its interesting that ENG was in possesion of old seismic and were in negotiations with the government of
Congo regarding other blocks in the area but they primarily choosed Lotshi.

https://www.energulf.com/news/12_01_05.pdf

https://www.energulf.com/news/11_15_04.pdf

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