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Energulf Resources Inc. ENGFF

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

Bullboard Posts
Post by Amaladeon Oct 23, 2008 8:03pm
684 Views
Post# 15544681

How long till we know?

How long till we know?Does anyone know how long the lab analysis work will take.? How much mud and crud does the lab have to analyze.  IMO,  the process is simple, does the mud have hydrocarbons, and how much per kilo of mud and crud.  It seems to me that this just too difficult  to analyze , and they should just pick another area , drill again until the wild cat- or commercially viable pocket of hydrocarbons is found.... I think the market has determined that this is a very long shot for success, and even though things appear interesting,  the real payoff is if they drill and find the real pool, that is then incredible  $$$$$$ .  In the meantime, more money is needed to find that pot of black gold.  GLTA
Bullboard Posts