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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
Post by Columbus1494on Mar 31, 2015 9:24am
122 Views
Post# 23580644

More cash after the deal

More cash after the dealColumbus Copper has 161000$ in the bank according to the latest financial statement.
They recently sold some property in Turkey for 1 million$.

https://www.columbuscopper.com/i/pdf/FS_2014-11-30.pdf

Energulf will pay for Columbus Copper by issuing shares.After the deal Energulf will have at least
161000$ more,maybe 1,161 million$?
Does someone know if Energulf will recieve 161000 or 1,161 million$?

https://www.columbuscopper.com/s/NewsReleases.asp?ReportID=690208&_Type=News-Releases&_Title=Columbus-Copper-Completes-Sale-of-Turkish-Properties-for-US1-million
Bullboard Posts