Energulf Resources Inc : EnerGulf Incentive Stock Option Grant

EnerGulf Incentive Stock Option Grant December 24, 2013

Vancouver, December 24, 2013, EnerGulf Resources Inc. (TSXV:ENG - Frankfurt:EKS) has approved the grant of incentive stock options under its Stock Option Plan to a director and officer for the purchase of a total of 500,000 common shares in its capital exercisable for a period of 5 years at a price of $0.20 per common share.

On Behalf of the Board of Directors of EnerGulf Resources Inc.

"Clive Brookes"

CFO

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 Investor Relations Inquiries Please Contact:

Benjamin Curry / Andrew Mugridge

Network IR [phone]

Email: [e-mail]