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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 asdfbcon Jun 08, 2012 9:15am
311 Views
Post# 19992495

RE: RE: Repsol Farms In

RE: RE: Repsol Farms In

I think it's because Jeff is GREEDY.  And that is not a bad thing at all for us shareholders.  He's just trying to squeeze every drop he can.

Major(s) could be walking away because Jeff's terms are so stingy in terms of what the major(s) want in return for their share of 1711.

 

Guess we'll find out and see.

Bullboard Posts