Energulf Resources Inc. ENGFF

Drilling window

[wallywill]

There are many different factors involved. 1. The rainy season starts in Nov. If a well is to be drilled I would expect any company would like it to be completed before the start of the rainy season or risk leaving the equipment stranded for 4 months. 2. Time to drill to target depth. This is an unknown at this time depending on the unground conditions. The West prospects have a target depth of 1,575 meters and the East side targets are deeper at 2,385 meters. If they go after the West side it would take about 40 days, the deeper East side would probably take about 70 days. Drilling had better start by Sept for the West side and by August for the East side. 3. The road was completed in 2013. Is the drill site and the road overgrown by jungle growth now? If so it will take some time to fix. 4. ENG has no money to drill so how much time is needed to close a PP sufficiently large enough to fund a drill. Like I said the drill window is closing fast.