EnerGulf Resources Inc. Stock

EnerGulf Resources Inc. is an oil and gas exploration company. The Company focuses on selection, acquisition and exploration of hydrocarbon properties. The Company has interests in oil and gas exploration projects in the Gulf of Mexico, the Republic of Namibia and Albania. It also has chromite interests in Albania and holds approximately two mineral operation licenses and mineral exploration license. The Company's projects include Block 1711 and Lotshi Block. The Company's Block 1711 is located in the Namibe basin off the northern coast of Namibia. The Block 1711 prospect portfolio includes a Tertiary Turbidite play and Syn-Rift play. The Company's Lotshi block covers approximately 510 square kilometers, which lies over 30 kilometers from the west of Democratic Republic of Congo (DRC). It holds the rights to pending onshore hydrocarbon license Block 8 in Albania, which covers approximately 3,200 square kilometers. It controls chromite licenses covering the chromite terrain in Albania.