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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 Mar 15, 2013 2:16pm
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Post# 21136569

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE

Last year they stated in one of their presentations they would deliver timely updates.Earlier,for example in 2008 they promoted their activities,we could read about Energulf in various magazines,Jeff Greenblum appeared on video interviews.Energulf then was succesful in raising money.Last year they issued a pp for 18million$ without any promotion at all.That is somewhat strange.They have a plan to drill 2-4 wells in Lotshi but we dont hear anything.With that tactic it will be difficult for them to fill up a pp.They must be counting on finding a farm in partner.I think Energulf has to improve their IR policy.Some of the posters recently mentioned Energulf beeing bought up by another company as a solution to the present situation.The way Energulf behaves one could almost assume there was some truth to that.

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