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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 Oct 10, 2008 8:55am
570 Views
Post# 15518783

RE: Again.....redrill date?

RE: Again.....redrill date?We are of course working on several leads trying to confirm the re-drill, so far we have two independent sources claiming there will be a redrill, but most of the ppl involved in this is very tighted lipped. Regarding the test-results I believe that we would have to wait until the end of October before they would be published.

Tasser, regarding the value of UNX I only stated their market value as of today which is 55 million shares x 0.1 CAD giving a total of 5,5 MCAD. ENG has 8 MCAD cash and could buy the entire company if they liked and if the larger shareholders of UNX would accept a bid. But I strongly doubt that they would.
Bullboard Posts
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