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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 Columbus1494on Jan 14, 2011 9:45am
369 Views
Post# 17971486

RE: RE: SOCO delay,testing?

RE: RE: SOCO delay,testing?Passportcheck posted that the other day and it would seem logical that they would use that rig
when it at this time is located only a few km north of Lotshi.We know that ENG soon will begin their campaign
in Lotshi and it would fit for all parties involved,the rig company,ENG and SOCO.SOCO will drill another three
wells late in september and the rig company would lose money if the rig was left unused in the jungle.
Im only aware of one other rig in the vicinity and thats the rig the JV around ROC oil are using in Cabinda.
The post was not centered on wich rig ENG will use,they can use which rig they want,I wanted to point out
that according to SOCO´s presentation they seem to be delayed for 1-2 weeks,if its due to testing its very
positive for ENG,and its positive they have one prospect and three leads very near Lotshi.
Bullboard Posts