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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 linton Jan 29, 2008 9:51am
392 Views
Post# 14279669

$10 mil to evaluate the potential

$10 mil to evaluate the potentialthen another $80 mil to confirm it. I'm betting on the side of the Russians. They aren't punching expensive holes in the ocean floor on a wing and a prayer. If we apply a 90% discount to the minimum 100 ton potential, then ENG should be at $8.
Bullboard Posts