Energulf Resources Inc. ENGFF

RE: Exploration and development company:

[Sparkletooth]

ENG has adopted a corporate strategy which precludes the mundane necessity of actually producing anything except news. Their last real "gusher" came in 2005 when they announced a 10% interest in a "wildcat block". That news hit a pressurized reservoir which poured into the stock sending it vertical. Also known as a "spike", this type of pressurized structure is rare but eagerly sought out, despite a tendency to "fizzle" due to excessive "cashing-in"...