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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 steadfaston Jun 07, 2008 7:21am
440 Views
Post# 15157136

Electro Magnetic Technology

Electro Magnetic TechnologyI would feel much more comfortable if someone can confirm that when Schlumberger redid the
3-D Seismic studies that they went one step further and included the new up to-date technology of
Electro Magnetic, when this is included the success rate goes to 90% from 25%.  Energulf will not
answer YES or NO to this question.  It seems to me that if they included the latest technology they
would be boasting that they are using it, as Exxon does.  On the other hand, the Russians have stated
publicly they believe they have 90% chance of finding oil, which of course if they used EM, they could
say 90% and be right.  Does anyone know the answer - yes or no to EM????
Bullboard Posts