Energulf Resources Inc. ENGFF

My take on going deeper.

[telephonebooth]

We have not hit any major oil.  If we had hit major oil where expected the drilling would have stoped at the bottom of that projected pay zone.  The company has always mentioned the chance of going deeper for a secondary target.  Not finding oil in the first target makes the secondary target even more ify.  The data suffers the deeper you get so lets keep are fingers crossed.  It may be they now have a new clue to whats below based on comparisons of what they actually drilled compared to there projections.  T-booth.