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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 Columbus1494on Apr 22, 2014 12:05pm
143 Views
Post# 22476872

RE:RE:Drilling operation offshore Namibia

RE:RE:Drilling operation offshore NamibiaYes ths will be an important well.Repsol and Tower Resources believes that hydrocarbons have the
capacity to migrate to their pospect from south and from the Namibe basin to the north where 1711
is located.If they find oil it could prove that hydrocarbons from 1711 where we know there is source rock have the capacity to migrate.That will increase the chances for other wells on the migration pathway-Hartman.
1711 is a mystery.Im guessing that Gazania-Shanxi Yuang are searching to farm out or sell 1711.
We know that they deposited 4 mill$ as a bank security.That is very unusual.China has good relations with Namibia and I dont think the namibians would claim that from a Chinese state company.Im guessing that a group of Chinese private investors are behind Gazania.
If my guess is correct that could unfortunately mean more waiting for us.
Bullboard Posts