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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 Beenburned64on Nov 27, 2014 5:09pm
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Post# 23171735

RE:$68 Oil?

RE:$68 Oil?SS, I don't think oil is going anywhere close to $30 a barrel. In fact I think we are very close to a bottom now if we have not in fact reached one here in the high 60's. Last time oil dropped into the 30 a barrel range there was a full blown financial collapse going on. Near as I can tell this latest drop is a result of plenty of oil on the market combined with a behind the scenes effort to bring Russia to it's knees. I think the time to start scaling into crude is now. As for Energulf's projects, a prolonged low price for oil would definitely effect 1711 but probably not so much Lotshi.
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