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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 May 29, 2015 2:50pm
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Post# 23778894

RE:Energulf strategy

RE:Energulf strategyI also think as Passportcheck that its more likely they would sell Energulf than doing a roll back.
The lower the share price the easier target Energulf will become for a buyout and less money for us.
I have seen similar trends regarding share price on other companies being bought-declining before
announcement of a buyout.
Maybe thats the only solution if they cant move their projects forward?Who knows,maybe the share price is moving lower for a certain reason...

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