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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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(16)
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Comment by stargazer1on Jun 25, 2008 2:46pm
546 Views
Post# 15228602

RE: Tight Hole

RE: Tight HoleAs posted right after the announcement of the  tight hole status, the only reason a tight hole status would be initiated is because the government, after reviewing the information available on the lease, decided that the odds were very high that a large field of oil/gas was going to be discovered.  The additional information that they were considering drilling an additional 1,100 meters deeper, was added confirmation that this could be a company maker. Of course we haven't heard anything further, and this has fueled the selling. But good news will fuel buying.
Bullboard Posts
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