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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 steadfaston Aug 15, 2010 2:41pm
590 Views
Post# 17352076

Curious, wish to learn more

Curious, wish to learn moreI am curious and wish to learn all I can.  Soco, in NR of July 15th state
Each well to take approx 40 to 50 days to drill, with another 2-3 wks added if testing is required.
That would make sense, if their website did not then say
Spud Date  - July 15
Expect to reach TD - Aug 15, which now says mid Aug, ok
But once you reach TD in 30 days, that was expected to be 40-50 days, does that mean they have
made really great progress, or what would they do for the next 10-20 days if they are not testing?
I am puzzled.  If they reach target today, we could expect maybe to hear some news this week????
Bullboard Posts