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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 Sep 19, 2014 2:40pm
122 Views
Post# 22953198

RE:RE:Re: oil conference

RE:RE:Re: oil conferenceSome companies have started tor enegotiate their license terms.For example Chariot recently
renegotiated the terms for their central blocks.They decreased their interest and let in some small
local companies in return for not having to drill during the current work period.According to
Chariot the drilling obligation made it difficult to find farm in partners.
Gazania and Energulf have to drill three wells during 8 years.Not impossible that something similar will happen in 1711 and thats maybe why it takes so long.

https://www.chariotoilandgas.com/files/3914/0914/6923/Chariot_Oil__Gas__-_Update_on_Namibian_portfolio_-_28_08_2014.pdf
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