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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 wallywillon Jun 28, 2013 12:41pm
112 Views
Post# 21579701

RE:New operator for 1711

RE:New operator for 1711We wont have to wait 4 years for the next well Columbus a requirement will be that the next well be drilled in the next 2 years.

The First Renewal Period (2 years) and the Second Renewal Period (2 years) each have a Minimum Exploration Expenditure of US$40,000,000 and each include the requirement to drill one exploration well to a depth based on the results of the previous wells.
Read more at https://www.stockhouse.com/news/press-releases/2013/06/28/energulf-granted-15-interest-in-new-petroleum-agreement-for-namibia-block-1711-new-majority-interest-and-operator#QM9I5y2e7azxtwj7.99
Hope this helps
Wally
Bullboard Posts