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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.


GREY:ENGFF - Post by User

Energulf Resources Inc.
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Comment by Columbus1494on Jan 03, 2011 6:50am
486 Views
Post# 17917652

RE: RE: RE: 880 million barrels of oil in Lotshi?

RE: RE: RE: 880 million barrels of oil in Lotshi?Thank you Passportcheck,on page 9 in the link you posted the six leads with 880M barrels of oil are mentioned
again.That was an old estimate for the whole area.
Those numbers were based on old,scarce seismic.The resource estimates on Socos block Nganzi were
increased by multiples with new seismic to reach around 800M barrels.The same will happen in Lotshi were
we already know they had multiple high prospective leads based on old seismic.
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