Energulf Resources - NEWS !

EnerGulf Offered 17% Interest in Namibia Offshore Block 1711 Exploration License
11/7/05    
HOUSTON, Nov 07, 2005 (BUSINESS WIRE) --

EnerGulf Resources Inc. (TSX VENTURE:ENG) is pleased to announce that the Ministry of Mines and Energy of the Republic of Namibia has notified EnerGulf that it is offered a 17% interest in Block 1711 offshore Namibia exploration license.

In an official letter of offer addressed to PetroSA, (the South African parastatal petroleum company), a copy of which was delivered to EnerGulf by the Ministry, the Ministry informed the parties, that the exploration license for Block 1711 will be issued, upon acceptance of the offer, as per the following interests: PetroSA 70% and operator, EnerGulf 17%, Namcor 10% (the Namibian parastatal petroleum company) and local BEE group(s) 3%. Under the terms of the offer, PetroSA will be solely responsible for carrying Namcor and the local BEE group(s) during the exploration phase.

The minimum exploration work required by the Ministry, as stated in its offer, is a detailed technical review, seismic reprocessing and site surveys, with a minimum exploration expenditure of US $700,000. Upon acceptance of the offer, EnerGulf's financial commitment is 17% of such amount and all exploration and development costs thereafter.

The Ministry's letter includes an invitation to the parties to the exploration license signing ceremony scheduled for November 17, 2005.

Block 1711 lies on the international boundary with Angola and has two defined hydrocarbon exploration prospects, the Kunene and Hartmann, identified by extensive 3D and 2D seismic data on the 8,931 sq. km Block. Reference is made to EnerGulf's news release of August 17, 2005 with respect to the geological setting of the prospects.

Commenting for EnerGulf, Chairman of the Board, Jeff Greenblum stated, "We are extremely pleased to be selected by the Ministry of Mines and Energy of the Republic of Namibia to participate in Block 1711. We are fully prepared to accept our interest and begin the exploration program on Block 1711. The hydrocarbon potential of this area is very important to the people of Namibia and we are honored to have a role in the exploration of this highly prospective concession. We thank the Ministry for their efforts and diligence throughout this process and look forward to working with PetroSA and the other parties to realize the potential of Block 1711."

On Behalf of the Board of Directors of ENERGULF RESOURCES INC. "James Askew", President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release.

SOURCE: EnerGulf Resources Inc.

EnerGulf Resources Inc. James Askew, 888-822-8441 Fax: 604-801-5499 info@energulf.com www.energulf.com
Copyright Business Wire 2005  

       

kommt der Ausbruch. 3 EUR könnten heut schon drin sein.  

ENERGULF ERHÄLT 17% vom 1711-ÖLPROSPEKT IN NAMIBIA
- PETROSA IST PARTNER

Energulf hat vom Energieministerium 17% der Lizenz für den Ölblock 1711 in Namibia zugesprochen bekommen. PetroSA, Afrikas größtes Ölunternehmen, wird Partner für den Block!

DAS IST DER DURCHBRUCH...
für Energulf. Somit spielt der Öl-/Gasexplorer gemeinsam mit einem Milliardenkonzern jetzt in der 1. Liga. 100$ Kursziel möchte Energulfs Chairman in den nächsten fünf Jahren schaffen, so sagte er erst kürzlich in einem Interview, die heutige Meldung legt einen weiteren Grundstein hierfür!

Originalmeldung:
http://www.stockhouse.ca/news/news.asp?newsid=2990596&tick=ENG

EnerGulf Offered 17% Interest in Namibia Offshore Block 1711 Exploration License
11/7/05

HOUSTON, Nov 07, 2005 (BUSINESS WIRE) --
EnerGulf Resources Inc. (TSX VENTURE:ENG) is pleased to announce that the Ministry of Mines and Energy of the Republic of Namibia has notified EnerGulf that it is offered a 17% interest in Block 1711 offshore Namibia exploration license.

In an official letter of offer addressed to PetroSA, (the South African parastatal petroleum company), a copy of which was delivered to EnerGulf by the Ministry, the Ministry informed the parties, that the exploration license for Block 1711 will be issued, upon acceptance of the offer, as per the following interests: PetroSA 70% and operator, EnerGulf 17%, Namcor 10% (the Namibian parastatal petroleum company) and local BEE group(s) 3%. Under the terms of the offer, PetroSA will be solely responsible for carrying Namcor and the local BEE group(s) during the exploration phase.

The minimum exploration work required by the Ministry, as stated in its offer, is a detailed technical review, seismic reprocessing and site surveys, with a minimum exploration expenditure of US $700,000. Upon acceptance of the offer, EnerGulf's financial commitment is 17% of such amount and all exploration and development costs thereafter.

The Ministry's letter includes an invitation to the parties to the exploration license signing ceremony scheduled for November 17, 2005.

Block 1711 lies on the international boundary with Angola and has two defined hydrocarbon exploration prospects, the Kunene and Hartmann, identified by extensive 3D and 2D seismic data on the 8,931 sq. km Block. Reference is made to EnerGulf's news release of August 17, 2005 with respect to the geological setting of the prospects.

Commenting for EnerGulf, Chairman of the Board, Jeff Greenblum stated, "We are extremely pleased to be selected by the Ministry of Mines and Energy of the Republic of Namibia to participate in Block 1711. We are fully prepared to accept our interest and begin the exploration program on Block 1711. The hydrocarbon potential of this area is very important to the people of Namibia and we are honored to have a role in the exploration of this highly prospective concession. We thank the Ministry for their efforts and diligence throughout this process and look forward to working with PetroSA and the other parties to realize the potential of Block 1711."

On Behalf of the Board of Directors of ENERGULF RESOURCES INC. "James Askew", President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release.

SOURCE: EnerGulf Resources Inc.

EnerGulf Resources Inc. James Askew, 888-822-8441 Fax: 604-801-5499 info@energulf.com www.energulf.com

Mit freundlichen Grüßen
Ihr Scott Stephan Veigl  

 

mit 3 EUR heute hätte ich gerechnet, aber mit über 3,20 EUR....  

       
     

Ich glaube heute geht es noch ein gutes Stück aufwärts. Sollte es in diesem Jahr noch zu Vertragsabschlüssen in Tanzania und Kongo komen und die Finanzierung von Nigeria klappen, sind hier noch 100% drin!!!

Keine Kaufempfehlung - nur meine Meinung :)
 

http://www.stockhouse.ca/news/news.asp?newsid=2993413&tick=ENG

EnerGulf Resources Inc. Announces Longoria 174 #1 Well Update
11/8/05      

HOUSTON, Nov 08, 2005 (BUSINESS WIRE) --
EnerGulf Resources Inc. (TSX VENTURE:ENG) is pleased to announce an update to its Longoria 174 #1 well in Duval County, Texas operated by Killam Oil Company.

The well was drilled to a total depth of 12,825 feet and encountered the objective horizons anticipated being the Yegua and the Hinnant sands. Electric logs run by Halliburton indicate potentially productive oil and gas sands in the Yegua formation with the deeper Hinnant sands being non-productive. A completion rig has arrived on location and operations have commenced to test the Yegua sands.

EnerGulf, through its wholly owned subsidiary EnerGulf Corporation holds a 5% working interest in the Longoria 174 #1 and has paid 5% of the drilling and completion costs.

Commenting for EnerGulf, Jeff Greenblum, Chairman of the Board stated, "We continue to be optimistic about the outcome of our South Texas drilling program. The Longoria 174 #1 is currently being completed with testing to begin immediately thereafter. EnerGulf has elected to participate with Killam Oil Co. in South Texas in an effort to establish operational cash flow at a time of historic energy prices while limiting our capital exposure by participating for a minor interest in each well. We look forward to the results of the Longoria 174 #1 and to continued exploration in South Texas through our association with Killam."

On Behalf of the Board of Directors of

ENERGULF RESOURCES INC.

"James Askew", President

 

morgen wirds wieder grün auf dem deutschen Chart. Die geringen Umsätze in Canada sind schon erstaunlich. Was man wohl mit paar k in Canada wohl bewirken kann. Stellt man sich mal vor einer schmeisst in Canada 50k limitlos, dann fällt der Kurs in D ins Jenseits, da sich der Kurs an der Heimatbörse orientiert. Hier ist viel nach unten manipulierbar. Möchte nicht wissen was das gespielt wird. Nichtsdestotrotz wird der Wert weiter nach oben ziehen, allein die Info von Bullvestor heute zeigt doch deutlich, dass an den Gerüchten, die bei WO rumgeschwirrt sind nichts dran ist. Texas wurde hier als ein Nullfund bezeichnet, Bullvestor hält da voll dagegen. Wer jetzt noch glaubt die WO-Jünger haben hier Recht (ein gewisser shawn30 hat wohl was negatives zu Texas gepostet), dem ist nicht mehr zu helfen. Energulf ist auf dem richtigem Weg.  

Namibia
Art:  17% Lizenz an Block 1711, 70% Santos, 10% Namcor,  3% local
Research: Kunene Prospekt   3D seismic
               Hartman Prospekt  2D seismic
Vermutete Ölvorkommen (auf 17% bezogen): mehrere 100 Millionen barrel
Laufzeitende: 4 Jahre bis Ende 2009
Status: Vertrag wird am 17.11.2005 unterzeichnet




Nigeria
Art:   Joint Venture mit  Derock  Nigeria (40%)
Research : Block 252 3D seismic
Vermutete Ölvorkommen: mehrere 100 Millionen barrel
Laufzeitende: vorläufig bis Dezember 2005
Status: Finanzierung  muss bis Dezember 2005 abgeschlossen sein ...



Tansania
Art: 95% MOU an Tanga Block
Research : Tanga Block  2D seismic
Vermutete Ölvorkommen: mehrere 10 Millionen barrel
Laufzeitende: Ende Dezember 2005
Status: Dokumente werden erstellt
 


Kongo
Art: MOU an ZBC
Research : ZBC Anlehnung an Nachbarfelder
Vermutete Ölvorkommen: mehrere 100 Millionen barrel
Laufzeitende: Ende März 2006
Status: nicht bekannt



Texas
Art:   5% MOU
Research : Longoria 174
Vermutete Ölvorkommen: mehrere Millionen barrel
Laufzeitende: Ende März 2006
Status: Obere Schichten Ölführend. Abschlußbohrung ist eingeleitet

Quelle:http://www.marmaras.org/o/c.aspx?id=47  

 

kapiere das nicht, den ganzen Tag wurde schon knapp 7% unter Pari Canada gehandelt, gestern knapp 11% über Pari. Da treiben wohl so manche üble Spiele...  

 

       
       

 

2005-12-01 09:21 ET - News Release

Mr. Jeff Greenblum reports

ENERGULF GRANTED WEST AFRICAN OIL EXPLORATION CONCESSION

Pursuant to EnerGulf Resources Inc.'s previously announced memorandum of understanding with the Democratic Republic of Congo, its wholly owned subsidiary, EnerGulf Africa Ltd., has been granted by the granting authority of the DRC, being the Ministry of Energy, a hydrocarbon exploration and production concession covering the Lotshi block in the Les Zones du Bassin C tier (ZBC).

Under the terms of the concession grant, EnerGulf has agreed to pay a signature bonus to the DRC government of $500,000 (U.S.) for a 90-per-cent interest in the five-year exploration licence and will provide a bank guarantee of an additional $500,000 (U.S.) toward the work program on the block. Additionally, EnerGulf will be the operator of the block and will carry Cohydro, the parastatal oil company of the DRC, for a 10-per-cent interest in the block. The signature bonus will be paid from general working capital. Pursuant to DRC law, the grant requires Presidential decree, which EnerGulf has been informed should be forthcoming shortly.

The Lotshi block covers approximately 475 square kilometres of the ZBC in the onshore coastal salt basin of western DRC and is contiguous to the highly prospective Cabinda area of Angola. The offshore blocks of Cabinda closest to the ZBC contain the giant (more than 500 million barrels of recoverable reserves) Malongo and Takula field complexes operated by Chevron (S.W. Carmalt and Dr. Bill St. John). Immediately adjacent to the ZBC in onshore Cabinda are several undeveloped shallow oil discoveries in blocks held by Devon, Occidental and ROC. The ZBC is also immediately adjacent to the East-Mibale, Laiwenda-Kinkasi and Muana-Banana fields operated by Perenco. Onshore oil production from the Perenco fields is about 9,000 barrels of oil per day. Offshore production from Perenco and Chevron in DRC waters account for about 18,000 barrels of oil per day.

More detailed information regarding the geology, hydrocarbon potential and proposed work program of the Lotshi block will be provided in the near future.

Additionally, EnerGulf is in continuing negotiations for further acreage in the ZBC and will provide information as events warrant.

Commenting on the signing of the licence, Jeff Greenblum, EnerGulf chairman of the board, stated: "The signing of the Lotshi block concession is an important step for EnerGulf as it moves our business plan into its next and exciting phase. We will continue to seek out opportunities of interest while now beginning an aggressive exploration program on this highly prospective property. We thank the government of the DRC and look forward to continued discussions regarding other areas of the ZBC and to working with them towards successful exploration efforts in the Congo Salt basin."

We seek Safe Harbor.  

ich will auch...  

 

Aktie geht Heute auf über 3,€€€  

 

Event-Beschreibung

Basis für die Bewertung der BLUEVEX - Scheine ist der Schlußstand der Aktie Energulf (WKN: A0CAFR) am 30.12.2005 um 20:00:00 Uhr.


http://sb.wallstreet-online.de/...=viewEvent.do%3FeventId%3D523413558  

Dec 13/05 Dec 03/05 PEDERSEN, CHERI LYNN 11 - ACQUISITION carried out privately Warrants 100,000

Quelle: http://www.canadianinsider.com

(Symobl für Energulf eingeben "ENG", dann kann man die Daten einsehen)  

wer die Achterbahn der Emotionen von Anfang an fahren will
muß schon investiert sein.

Projekt Nigeria

Art:   Joint Venture mit  Derock  Nigeria (40%)
Research : Block 252 3D seismic
Vermutete Ölvorkommen: mehrere 100 Millionen barrel
Laufzeitende: vorläufig bis Dezember 2005
Status: Finanzierung  muss bis Mitte Dezember 2005 abgeschlossen sein ...

Nigeria
Block 252 lies in the Gulf of Guinea and covers an area of 939.69 square km. It has extensive seismic coverage including 546 square km of high quality 3D seismic data shot earlier this year by Veritas DGC.

The EnerGulf/Derock bid includes a signature bonus of US$81 million to be paid to the Nigerian Government within 90 days of confirmation of the bid acceptance. Signature bonuses for the deep water offshore blocks at the bidding conference were as high as US$310 million, with US$50 million being the minimum bid allowed by the Nigerian government.

A significant portion of Block 252 is within a major thrust belt that has yielded giant fields in Nigeria and neighboring Equatorial Guinea. Giant fields in the thrust belt include Nnwa-Doro in OPL (Oil Prospecting License) 218 (>500 MMBOE recoverable), Agbami (1000 MMBOE recoverable) in OPL 216, and Zafiro (1008 MMBOE recoverable) in Block B of Equatorial Guinea. The thrust belt is thought to be especially prolific due to the large structures and to commonly occurring stacked pay zones. Nearby in this trend, the ChevronTexaco Nsiko discovery in OPL 249 has tested 6500 BOPD (barrels of oil production per day), the Total Ukot discovery in OPL 222 flowed at more than 13,000 BOPD and, the Total Akpo-1 discovery well in OPL 246 tested at 9000 BOPD. Detailed analysis of the seismic data will be targeted at identifying the exact locations and sizes of specific structures.

Total reserve size of the seven world-class discoveries from the deep offshore is estimated at more than 3 billion barrels of oil and 16.2 trillion cubic feet of gas by the Nigerian government. The fields are Bonga, Agbami, Eha, Akpo, Bonga SW, Chorta, and Nwa/Doro

 

EnerGulf Resources lowers private placement unit price

2005-12-15 20:30 ET - News Release

Mr. Jeff Greenblum reports

ENERGULF AMENDS PRIVATE PLACEMENT AND PROVIDES UPDATE ON NIGERIA BLOCK 252

Further to the private placement of EnerGulf Resources Inc. reported in Stockwatch on Oct. 13, 2005, EnerGulf confirms that, subject to regulatory approval, it has amended the price to $3.50 per unit for up to 500,000 units. All other terms of the private placement remain unchanged.

With respect to Nigeria oil prospecting licence (OPL) 252, the EnerGulf/Derock joint venture has been informed that it has been granted an extension until Jan. 30, 2006, to pay the required signature bonus. EnerGulf has licensed the Veritas 3-D seismic data covering the block, and as technical partner of the EnerGulf/Derock joint venture, is conducting a continuing evaluation, which is developing estimates as to the hydrocarbon potential of the block. Such analysis is being performed by EnerGulf's geological and geophysical consultants, Digital Prospectors, under the direction of Dr. Bill St. John, EnerGulf's senior adviser for African exploration. EnerGulf is currently engaged in discussions with various parties, including qualified potential industry partners, regarding the future of the block. Developments will be made public as appropriate.

Commenting on current events, Jeff Greenblum, chairman of EnerGulf's board of directors, said: "We are in discussions with various parties regarding the future operations and financial obligations that are associated with signing OPL 252's production-sharing contract (PSC). Progress has been made to date and these discussions are ongoing. However, an opportunity of this size and nature presents complex issues and no assurances can be made at this time regarding the signing of the PSC."

We seek Safe Harbor.  

und ende 2006 steuerfrei die fette sahne abschöpfen


Hallo " bullVestor" ,

es gibt News von

Energulf, Frankfurt WKN A0CAFR
www.energulf.com

GEWINNT ENERGULF JETZT EINEN " BIG PLAYER" ALS PARTNERFÜR NIGERIA!?

Energulfs Management besteht aus den qualifiziertesten Leuten, die man sich für ein Ölunternehmen vorstellen kann: Jeff Greenblum, ein ehemaliger Senior Executive von Diamond-Fields, welche nach einem gigantischen Nickelpfund für über 4 Milliarden USD übernommen wurde, Aktionäre konnten von heute auf morgen 40.000% verdienen.

James Edwards, der während seiner Tätigkeit als Explorationsleiter für Triton Energy direkt für die Entdeckung des Cusiana/Cupiagia Field - Komplexes in Kolumbien verantwortlich war, 2,7 Milliarden Barrel Rohöl wurden hier entdeckt, Triton Energy wurde 2001 von Amerada Hess (NYSE:AHC) für 3 Mrd. USD übernommen.

Was das Unternehmen Energulf im vergangenen Jahr auf die Beine gestellt hat, ist gewaltig. Das Management hat stategisch nach und nach Ölprojekte akquiriert, die alle MULTIMILLIARDEN-BARREL-POTENZIAL haben. In Namibia hat Energulf den Zuschlag für ein gewaltiges Gebiet bekommen und prompt einen großen Partner für sich gewinnen können. Denn Energulf wird in Namibia mit dem größten staatlichen Ölunternehmen in Afrika, PetroSA, arbeiten.

Energulf nahm außerdem als einziger Junior bei einer staatlichen Auktion in Nigeria teil und ersteigerte für 81 Mio. USD den Ölblock 252. Bis zum 30. Januar muss der Betrag an den nigerischen Staat gezahlt werden. Was glauben Sie, welches Potenzial in diesem Ölblock schlummern könnte. Wenn Leute wie Jeff Greenblum oder James Edwards dafür 81 Mio. USD zahlen wollen, werden sie sich viel davon versprechen. NOCH IMMER NICHT ALLES! - Ende November bekam Energulf den Zuschlag für Lizenzen eines hochprospektiven Ölprojektes im Kongo. in direkter Nachbarschaft des Gebietes werden bereits etliche tausend Barrel Öl pro Tag gefördert, gewaltige Ölvorkommen befinden sich rund um das von Energulf neu erworbene Gebiet.

Und jetzt befindet sich Energulf in Verhandlungen um einen potenziellen Industriepartner für den neu ersteigerten Block in Nigeria, wie heute veröffentlicht wurde. Wir glauben fest, auch das sollte Energulf erfolgreich meistern, wie eigentlich alles bisher.

100 US-DOLLAR ODER BESSER - da sieht Vorstand Jeff Greenblum seine Aktie in fünf Jahren. Ganz nüchtern erzählte er uns das in einem Interview mit der Begründung, dass sein Business Plan es vorsieht, bis dahin ein bedeutender Ölproduzent zu sein. Wir haben gemerkt, Greenblum ist von seinem Unternehmen und Vorhaben überzeugt und zu 100% engagiert. Wir haben selten einen so zielstrebigen Mann getroffen und sind der festen Überzeugung, er wird sein durchaus ehrgeiziges Ziel schaffen!

DIE AKTIE VON ENERGULF IST FÜR DAS, WAS SIE ZU BIETEN HAT, EINE DER GÜNSTIGSTEN ÖLAKTIEN AM MARKT. WIR KENNEN KEIN UNTERNEHMEN, DASS AM MARKT MIT LEDIGLICH 60 MIO. EURO BEWERTET IST UND EIN SO QUALITATIV HOCHWERTIGES PORTFOLIO AUFWEISEN KANN, GANZ ZU SCHWEIGEN VOM MANAGEMENT!

Als wir erstmals über Energulf gelesen haben, dachten wir, das Unternehmen ist sicher mit 200 oder 300 Mio. Euro bewertet, und da war es noch nicht so weit wie heute.

Unsere Empfehlung: Die Aktie befindet sich derzeit auf einem sehr günstigen Niveau. Wir empfehlen " bullVestoren" , dieses günstige Kursniveau zu nutzen und Positonen aufzubauen. Unser vorläufiges Kursziel heben wir auf 10 EUR an.


Mit erfolgreichen Grüßen
Ihr Scott Stephan Veigl