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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 10, 2011 11:48am
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Post# 17948425

RE: RE: RE: RE: SOCO results this week

RE: RE: RE: RE: SOCO results this weekWe all know that there was a tight hole status imposed by the namibian government.
They had problems during the testing of the lower zone so the interpretation seems to be not so straight forward.The russians have on several occassions expressed their view that they think they have hit a 14tcf gas reservoir and that the gas is of commercial value,they have recommended more work on the well.
Now as interim operator, ENG for the first time is in position to give us answers.Earlier ENG informed the public
through a newsarticle that the data integration part of the work would take at least 6 months.This work was delayed by Sintez until this summer/autumn.News shouldnt be too far away now.
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