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Energulf Resources Inc V.ENG

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  ENGFF

Energulf Resources Inc is engaged in the business of acquiring and developing oil and gas projects interest in Africa.
Price: $0.145 | Change: $-0.005 | %Change: -3.33%
Volume: 40,000 | Day High/Low: 0.16/0.145 | 52 Week High/Low: 0.49/0.135
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0 stars

MD&A

Energulf is negotiating an extension for Lotshi and continues negotiations with potential farm in partners. In Namibia they have negotiated a JOA and Energulf is waiting for a signature from...read more
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RE:RE:RE:RE:RE:RE:NR Error!!!

Yes you are right.Energulf has to pay 370.000$ annually.That information can be found in the new MD&A from today on SEDAR.  rate and reply
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RE:RE:RE:RE:RE:NR Error!!!

Columbus, $500,000 was for the signing bonus for the original PSC ratification. They also paid $250,000 for the Permit. Other payments are $250,000 annually +$20,000 to the ministry + 100,000 for the...read more
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no takers at 0.15?

Spud, Tasser? why aren't you guys loading up with huge news around the corner? Wait, I know, when you see RJ on the bid you'll speculate and pump it up, pretending to know something. How about you...read more
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RE:RE:RE:RE:NR Error!!!

Dutchy, most certainly  not. Do you still believe in those guys? If yes, you seem to be living in cloud cuckoo land.  rate and reply
3 stars

RE:RE:RE:RE:NR Error!!!

I think the lisence will be extended if Energulf pays 500000$ which is the annual fee. 500000$ is easy earnt money for the Congo government and I havent heard of other companies that are interested to...read more
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RE:RE:RE:NR Error!!!

Just one question to the board, do we have an lisence renewal yes or no? Personally I don' t think so!  rate and reply
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RE:RE:NR Error!!!

You didn't catch my drift! Anyways, I shouldn't joke about this but I honestly would not be surprised.  rate and reply
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RE:NR Error!!!

The N/R is pretty explicit. 2015 not 2016, unless I am not catching your drift.  Insiders are anticipated to participate in the Private Placement for more than 25% of the Private Placement. Closing...read more
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NR Error!!!

Here is the incorrect version followed by the correct version.  Tell me if you can spot the difference: Closing of the proposed Private Placement is anticipated to occur on or about January 9, 2016...read more
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On or About

Since it didn't close "on" it will close on an undetermined date of "about".  Insiders will buy at least 25% of Private Placement.   NEWS RELEASE Symbol: TSX-V: ENG January 5...read more
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RE:RE:RE:Oh the suspense

if there was an issue, there is no way the SP would be where it is.  rate and reply
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RE:RE:Oh the suspense

Strange they are not announcing the PP has closed since the previous news release claimed that it would close on January 9th at the latest. I hope there are no unforeseen problems. Always complication...read more
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RE:Oh the suspense

wallywill wrote: Its like sitting on pins and needles. Given where ENG is trading, I suspect the PP will close or has closed already.  rate and reply
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RE:Oh the suspense

wallywill wrote: Its like sitting on pins and needles. i sense the sarcasm  rate and reply
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Oh the suspense

Its like sitting on pins and needles.  rate and reply
3.5 stars

RE:RE:RE:RE:RE:RE:RE:$68 Oil?

Well i will disagree with you. If I am the devil's advocate I will say that the fact nothing happened at $100 a arrel indicates that the decision making is not based on pure speculation. Going into a...read more
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RE:RE:RE:RE:RE:RE:$68 Oil?

You presented your views quite clearly here, however the bolded part I disagree with completely.  If you think any company is going to spend money on exploration even on Lotishi, i think you are going...read more
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RE:$68 Oil?

Remember this post?  Those who don't think the price of oil will have an impact on ENG is out to lunch.  This PP may get filled at 0.15, but that is only keeping the lights on and does nothing to move...read more
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RE:RE:RE:RE:RE:RE:RE:PP has been repriced

Thats a good observation, but when I brought up the point about the price of crude affecting the viability of these exploration plays, a few on this board piped up saying that it was immaterial...read more