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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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Post by Columbus1494on Mar 22, 2014 4:50pm
300 Views
Post# 22356093

Dhir/Gianulis want to buy Energulf?

Dhir/Gianulis want to buy Energulf?In the latest presentation from Energulf it says Dhir/Gianulis group owns 40% of Energulfs shares.
Insiders could own more than 60%.
Energulf has had a very low daily trading volume the last couple of years.
For them being able to have that amount of shares it would seem as if they have been behind almost all of the buying every single day for a long time.
We dont know if they have stopped buying.
The headquarters have moved to Toronto,they dont have an IR company representing them,
have changed staff.If im not mistaken they also had an office in Houston earlier.
All of this is positive imo to reduce costs but maybe also could be seen as steps to buy Energulf?
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