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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 Apr 17, 2014 12:09pm
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Post# 22463536

RE:RE:RE:RE:RE:RE:RE:RE:John Elmore - Another Lightweight??

RE:RE:RE:RE:RE:RE:RE:RE:John Elmore - Another Lightweight??According to page 12 in Energulfs presentation they say they expect a farmout agreement this quarter,drill 2-3 wells in the third quarter and an extension of the license in the fourth quarter.

https://www.energulf.com/wp-content/uploads/2013/03/Energulf-Corporate-Presentation-2014-Jan.pdf

We will se in 73 days if they were right.I hope they are right but I would not be surprised to
first see an oil law in place,after that en extenion of the license and then a farm out agreement.
If that would be the case then we probably will not see drilling this year either.
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