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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.
Bullboard Posts
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Comment by Tinmannon Feb 05, 2008 7:16am
295 Views
Post# 14318120

RE: SPECULATIVE VALUATION FORMULA FOR ENG

RE: SPECULATIVE VALUATION FORMULA FOR ENGKeep dreaming boys. Risk capital only. First target is 454 mmbbls... 45 mmbbls net and don't even think about multiplying by $100/bbl. Going to take a lot of money to develop anything they find and Hartmann has a long way to go before it's drilled. Maybe one day this gets to $20-25, but it'll take years. Don't let the pumpers snow you... this is ultra high risk.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities