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Dr. King Schultz

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Dr. King Schultz

Re: None

Thursday, 10/13/2011 8:58:34 AM

Thursday, October 13, 2011 8:58:34 AM

Post# of 106
ENGFF News: EnerGulf Work Program Results and Increased Interest-Block 1711 Namibia

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67945805

Highlights:
- Working interest on Block 1711 will increase 10% to a minimum of 15% and a maximum of 19%.
- Russians are finally gone: Project blockers are out of the way!
- As was always said: Hartmann will be drilled only when Kunene is commercial. Now they go for Hartmann
- Energulf stays interim operator, and is searching for a replacement partner of Nakor's stake. Will that be HRT? If that's the case, look what happended to UNX Energy which was bought out by HRT!!!

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