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

Comment by TCI_on Jul 08, 2008 9:41am

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Post# 15267315

RE: Massive Hydrocarbon hit for ENG!

obviously GAS is a hydrocarbon. And I'm no rocket scientist but if we are showing gas at the top level of the formation then the chances of OIL further below in the formation is greater. At least we haven't hit dust or just water. gas is good. Oil is better.

P.S - I have no idea if we have hit GAS but I am going off the board rumors. Which could be completeley true or completely false. But I have done my dd and this little pdf courtesy of NAMCOR (Namibia Petroleum) shows me that the POTENTIAL for a hydrocarbon hit is very likeley. So looking at this map and the board rumors of GAS I truly believe that we have something of value on our hands. Hence my belief that ENG and UNX are very undervalued MC wise and the SP should follow suit (i,e - UP) when an official announcement and wlel testing proves or denies what we are all hoping for. In the meantime have a look...especially at the BIG PINK area exactly where Block 1711 is. If you don't know where that is just follow the TOP HORIZONTAL BLACK LINE to the LEFT. That's where BLOCK 1711 is. GLTA!

https://www.namcor.com.na/