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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 Jun 12, 2014 10:50am
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Post# 22653346

RE:RE:RE:Re News

RE:RE:RE:Re NewsFrom the news release the 28th june 2013:
The Company expects to have the JOA settled and exploration under way by early fall, 2013.

They are almost a year delayed.Now that the JOA is settled they could start any time.
Best weather conditions for seismic in Namibia is during fall- early winter.Other companies
did seismic all year around.
Seismic and interpretation will probably take up to one year.There could be a drill ready prospect about a year after seismic begins.They have to complete seismic and drilling one well during the first four years.
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