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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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Comment by TheRealJRLon Sep 05, 2008 5:43pm
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Post# 15435138

RE: Update from my end....

RE: Update from my end....MNL, what do you mean by a re-drill? Would that be a completely new well or could it be continued drilling on Kunene#1?
The TD 5,500 meters was mentioned by the JV previously, and now they have stopped at 5,050 meters. If they now have oil in the vicinity, which probably is deeper into the ground, wouldn't it be cheaper to continue with K#1, or is that not possible?

Last thing I heard the well was just sealed, not plugged...
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