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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 GDAWG77on Jun 16, 2008 5:29pm
422 Views
Post# 15190805

Serious question about ENG

Serious question about ENGI used to have ENG at 1.20, but sold it at $2 and too soon, but realize the potential to this play. At $1.40 I would like to get back in asap because with the delayed drilling, total depth should be reach this week or next, then they can consider whether to drill the next 1000m. But my question is with the multi billion barrel target on the line, could ENG become another OIL? I was going to buy OIL back in 2005 for $2.30 and my broker at the time said no. Same with BCF Bronco Energy, wanted in at 80 cents and was told not to buy, so I got rid of that broker. Now I want to see if ENG has the same potential that those two stocks had or not. I still need to sell DOX, which is a hot copper play and controls most of my portfolio right now, but timing it well would be nice. Either way, thoughts appreciate on a comparison of ENG, OIL and BCF if possible. Thanks
Bullboard Posts