EnerGulf Reports Drilling Operations Continue on Block 1711
HOUSTON, TEXAS–(EMWPresswire – July 21, 2008) – EnerGulf Resources Inc. (“EnerGulf”) (TSX VENTURE:ENG)(FRANKFURT:EKS) reports Sintezneftegaz, the operator of the Kunene #1 well on Block 1711 offshore Namibia, has advised drilling operations are continuing beyond the originally proposed targeted depth of 4,400 meters.
The Republic of Namibia has classified the Kunene #1 as a “tight hole”, meaning no information regarding the well may be released until such time as the Namibian government determines to make the information public.
EnerGulf Resources Inc. is a publicly traded international oil and gas exploration company focused on maximizing shareholder value by targeting high impact opportunities in the world’s most prospective hydrocarbon regions.
On Behalf of the Board of Directors of EnerGulf Resources Inc.
Jeff Greenblum, CEO
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.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
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