Energulf Resources Inc. ENGFF

RE: RE: Read in between the lines

[Columbus1494]

The results should be known next week.From the price action of HRT´s share im guessing they didnt find oil.Some rumours claim they found gas.If Wingat is a gas well there is a high chance the next well close to Wingat also is a gas well.The third well could be oil or gas,if they find a partner they will drill a fourth well,that well is said to be gas.Imo it should be very good for Energulf if HRT finds gas,anyway in the long run.HRT has mainly found gas in Brazil and they would also like to monetize the gas in Namibia(if they find any).1711 would become more interesting and maybe even HRT would like to get more involved.Repsol is going to drill a well with a 40% chance of success not too far away from 1711 in the first quarter of 2014.I hear some experts believe that is a huge gas prospect with up to 35 tcf gas.The Kudu gas project seems to move forward and lately a company from UAE has shown interest in building a LNG plant in Namibia.Earlier it was said that today was the day the results of the tender for the Greek national gas company should be known.Sintez has made the highest bid.They want to sell gas to Europe through pipes in Greeece and the balkans.We dont know were they will find the gas they..They could by gas from Gazprom or from the middle east or from North Africa or they could sell their own gas(1711).If SIntez is the winner of the tender it wouldnt surprize me that they find a partner for 1711.We will see.