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Energulf Resources Inc. ENGFF

Energy
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

Energulf Resources Inc.
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Comment by Columbus1494on Jan 22, 2011 11:47am
340 Views
Post# 18011897

RE: RE: RE: RE: RE: I will say it again

RE: RE: RE: RE: RE: I will say it againPassportcheck,I have also seen those numbers earlier and took them for granted.
Now I found this article from 2006 and it seems you are right,it looks like a typoo.
According to this article the day rates for land rigs are much cheaper.


"Currently, land-rig rates can range from $8,500 to $31,500 per day, depending on the rig class and market."





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