Energulf Resources Inc. ENGFF

Roc Oil News must be getting close

[steadfast]

The following sugggests to me we must be getting close to news.  If the well was a Dud, I think
enough time has elapsed to p&a.
                                                1st Well - Exploration            2nd Well - Appraisal

Drilling began                        Nov 13/09                                July 28/10
Total depth                            3400 m                                      2305 m
NR re Hydrocarbons
15 mtrs 2214-29                  Feb 8/10
# of days                                56                                                now 52 days
NR re further
production testing                 Feb 18/10


Note:  Appraisal well TD is only 2/3 depth of exploration, should not take as long.

I understand this block is only 30 miles south of Lotshi.