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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
Comment by steadfaston Jun 16, 2010 5:08pm
398 Views
Post# 17195469

RE: Soon new contract for Deep Venture

RE: Soon new contract for Deep VentureLet us hope the "soon new contract for Deep Venture" is leased to Nakor/Sintez.
The potential purchaser of Sintez $86M which is 50% of their Artik----- owns Deep Venture, so
instead of cash, they could make a swap deal  and get a drill going in 1711 - I may be dreaming,
but it sure could make a lot of sense.  Either they drill in 2010 or 2011, they have to drill with the
extended 2 yr. exploration lease.  The sooner the better, or a redrill in Kunene #1, test the upper 228 mtrs,
if they have not already done so, find the lost drill bit and drill further to find oil.
Bullboard Posts