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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 Feb 08, 2013 11:53am
126 Views
Post# 20958961

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: po

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: po

Chariot is planning to drill a new well in block 1811 south of 1711 later this year.They drilled Tapir-1 last year.They will soon release results from their seismic calibration.From what I hear they think the area north of Tapir-1 lies in the oil window.Energulf decided to focus their attention from Kunene in the north to Hartman in the south.From the updated resource estimate of 1711 we dont have numbers for a gas case.,only oil.If we would get an operator and start 3D we would have a drillable prospect with approximately a 40% chance of succes.

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