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 Jul 04, 2016 3:20pm

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Post# 25020707

RE:Drilling this year,80% chance of success

According to the agreement with Gulfslope they will drill the first well at the Canoe prospect and
a second well either at the Canoe or the Selectron shallow prospect.
I cant find info regarding the Canoe prospect but Im guessing that prospect has a larger
resource/less chance of succes than the Selectron shallow prospect.
Would they be close to find oil at the Canoe prospect with the first well they probably will drill
a second well there.If there are no signs of oil there they will drill a second well at the
Selectron prospect were they are almost sure to find oil(80% chance).

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