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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 Columbus1494on Jul 16, 2014 11:18am
187 Views
Post# 22750769

Gazania 148 investments = Nakor investments?

Gazania 148 investments = Nakor investments?A theory about Gazania...
After Sintez,then Nakor didnt fulfill their commitments Energulf became operator and was searching for a new operator for 1711.According to my information they were close to find a new operator when 
suddenly last year the namibian Ministry of Mines and Energulf found a new owner of 75% of 1711-
Gazania 148 investments.A strange detail with the new deal is that Gazania had to deposit
4 million $ as a bank guarrantee.According to the recent deal between Gazania and Energulf they also will pay 25-40 million $ for 3D seismic.
Maybee Sintez-Nakor didnt want to loose 1711 when finally treatened they would be pushed out.
In the last arrangement Nakor went from a 75% working interest to a 10% carried.Why would they
quit 1711 with a carried interest with no risk.Maybee The namibian government now claimed a bank guarantee from the russians.The russians searched for a long time for a new operator in China.
Shaanxi Yuang could be the ones that will come in later and maybe take over from Gazania.
I dont think that Shaanxi Yuyang owns Gazania fully.If they were Gazania would have been named
Shaanxi Yuyang Namibia ltd.
Leonid Lebedev is an expert in shelf creating shelf companies and has a lot of them in various tax heavens.Nakor,Gazania and others seems to be his style...Maybee we will newer know who is behind Gazania.Gazania most likely will not remain owner of 1711,some other company will take ower after seismic imo.
Bullboard Posts