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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 kentoon Oct 12, 2011 1:46pm
413 Views
Post# 19141991

RE: RE: RE: RE: RE: Still no meat in the sandwich

RE: RE: RE: RE: RE: Still no meat in the sandwich
Hi Wally,
Thanks for the info.
While ENG may have earned that extra 5% through their work as operator during the past year, I still believe that there are performance bench marks for them to earn the extra 4%. This probably depends on them getting JV partner(s ) for the remaining 51% as well as managing the 3D seismic for Hartman. Time will tell.
Bullboard Posts