ENERGULF RES : April 26, 2012 - EnerGulf Enters into Agreement for a Drill Rig on its Lotshi Block in the DRC

NEWS RELEASE Symbol: TSX-V: ENG

April 26, 2012 For Immediate Dissemination

EnerGulf Enters into Agreement for a Drill Rig on its Lotshi Block in the DRC DALLAS, TEXAS (April 26, 2012), EnerGulf Resources Inc. (TSX-V: ENG; FSE: EKS) EnerGulf is pleased to announce that it has entered into a "Heads of Agreement" (HOA) with Africa Onshore Drilling Ltd. ("AOD") whereby AOD would provide a drill rig and related services for up to 3 wells for EnerGulf's upcoming 2012 drill program on its Lotshi Block in Democratic Republic of Congo ("DRC"). The HOA is subject to the parties executing a comprehensive "Drilling and Ancillary Services Agreement".

On May 11, 2011, EnerGulf reported the receipt of a 51-101 assessment of the Prospective Resources on EnerGulf's Lotshi Block with a mean estimate of 313 million barrels for the potentially recoverable oil on seven oil prospects on the Lotshi Block. The report was prepared by DeGolyer and MacNaughton (D&M), an independent international petroleum consulting firm located in Dallas, Texas (www.demac.com) and is available on SEDAR (www.sedar.com) and on the Company's website (www.energulf.com). EnerGulf is the operator of the project and has a 90% interest and COHYDRO, the state oil company of the DRC, holds a 10% carried interest.
On behalf of the Board of Directors,

EnerGulf Resources Inc.

"Jeff Greenblum"

Jeffrey L. Greenblum, Chairman & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain disclosure in this release constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to EnerGulf's operations as an oil and gas exploration company that may cause future results to differ materially from those expressed or implied by those forward-looking statements and readers are cautioned not to place undue reliance on these statements. EnerGulf disclaims any intentions or obligations to update or revise any forward looking statements whether as a result of new information, future events, or otherwise.

For more information, please contact:

Jonathan Buick The Buick Group Tel: [phone]

Email: [e-mail]

EnerGulf Resources Inc.

4005 - 1011 West Cordova Street, Vancouver, British

Columbia V6C 0B2

Telephone: [phone] Fax: [phone]

www.energulf.com [e-mail]

Ben Curry

Progressive Investor Relations

Tel: [phone]

Email: [e-mail]

Website: www.energulf.com