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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 Jul 19, 2010 3:15pm
241 Views
Post# 17279606

RE: Well pp i still cant say

RE: Well pp i still cant sayAnimal:
Good for you for posting the Netherland, Sewell resource estimate re Kunene & Hartman.  Do keep in
mind they reported these #'s in 2006.
In the summer of 2008, we know the Deep Venture hit "one hell of a hydrocarbon at Kunene #1", which the
Namibian Govt stated in The House, it could contain 14 tcf of gas.
If you yuse Netherland, Sewell #'s, each 5000 cf of gas could have 1 barrel of oil laying underneath.  Thus
Kunene #1 could have a bathtub containing 2.8 Billion barrels of oil under the 14 tcf of gas.
Yes, to think the drill bit may have broken 75 mtrs before reaching the bath tub of oil.  Also, at this point in
time Sintez were out of money and the DV had to go to its next customer.  You said it would be easy to
wedge - how long do you estimate this procedure would take?  If I remember the DV started drilling
April 9th and left around Sept 5th - 5 months.
Bullboard Posts