Energulf Resources Inc. ENGFF

RE: RE: RE: RE: RE: RE: Have to admit.

[steadfast]

Bernhardow:
Yes, there have been rumours the core is at Core Lab in Aberdeen.  I suspect since 2008, and with
Sintez Namibia declaring bankruptcy, they simply sat.  Now hopefully Nakor has money in the bank to
pay Core Lab and get the results.

Yes, I realize they will analyse the drill data from lower zone to seismic and this is what takes the time.
It is interesting to ponder that they have never talked about analysing the upper zone, 4638 mtrs, the level
they were at when the rumour surfaced they had hit 7-10 tcf of gas in July 2008 and the stock bounced $1,
sounds there are 2 levels of interest upper and lower zones.  Tasser has always written about two zones.

I, too hope they re-enter K1, if in fact the drill bit broke just prior to encountering the bathtub of oil. 
 Obviously there must not be that much dynamite damage, for
Sintez to consider a re-enter.   It seems $70M to re-enter and $100M to drill another well.  I
presume the prior seismic would tell them where to drill the second hole. 

You mention surprises - which can only mean oil.  What a pleasant surprise that would be.