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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 Columbus1494on Jun 14, 2010 11:42am
812 Views
Post# 17186072

Sintez sells company for 86 million$

Sintez sells company for 86 million$Sintez is about to sell their shares in Arktikshelfneftegaz to Zarubezhneft.According to sources for about 86 million$.
They have a lot of debts but could it be they want to fund future work in 1711 with that money?
It seems Sintez is about to solve some problems they had,for example with the TGK-2 company with chinese help.
Hopefully this can help moving 1711 forward faster.
Its interesting that Zarubezhneft now owns Arktikshelfneftegaz that owns Deep Venture.
Zarubezhneft was part of the delegation to Namibia last year.

https://www.barentsobserver.com/oil-company-exits-russian-shelf.4790061.html
Bullboard Posts