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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.
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(24)
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Comment by steadfaston Jul 17, 2008 12:46pm
385 Views
Post# 15302819

RE: Tight hole status

RE: Tight hole statusGaneshaa:
Thank you for sharing such valuable information.  I am impressed, 3 sources Walvis Bay, Windhoek
and Moscow.  Yes, the TD was between 4000-4500 mtrs.

If they have made the decision NOT to continue to drill to 5500 mtrs, the only logical explanation to me,
would be that they did in fact find OIL under the massive gas find, which I believe must have some
credibility due to the number of posts supporting the find. 

Could it be - that due to the gas find being leaked that they put a GAG order and a gun to everyones
head to keep OIL secret???  I would otherwise think they would be tenacious and continue drilling
to 5500 mtrs or until they found OIL.

Any comments would be greatly appreciated.    Thank you.      Steadfast
Bullboard Posts
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