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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 Jun 08, 2016 5:27pm
125 Views
Post# 24948233

New licenses

New licenses"The Company is also reviewing US domestic opportunities and will provide further updates as events unfold."


This sounds as they are very close to aquire new licenses.Probably a good strategy now when oil is cheap.Also good for them to have licenses in low risk countries.
Remember UNX which had several oil licenses in Namibia and later was bought by HRT.
UNX didnt drill a single well on their own.
Bullboard Posts