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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 Dec 08, 2014 1:33pm
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Post# 23206873

RE:RE:RE:RE:NEWS

RE:RE:RE:RE:NEWSThere also is a delay signing a JOA for 1711 in Namibia.First year of the 4 year work period have passed.Very strange...According to the work program Gazania and Energulf have to do 2500km of 3D seismic before drilling.That will be expensive.
The question remains if Gazania is a real company or only a shell company with no money.
Maybe the need to find a new partner before they can start with seismic?
The further delay there makes me believe more and more that Wallywills theory about Gazania is correct.
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