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Last C$0.08 CAD
Change Today 0.00 / 0.00%
Volume 1.9K
As of 2:24 PM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

energulf resources inc (ENG) Snapshot

Previous Close
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52 Week High
08/11/14 - C$0.32
52 Week Low
05/26/15 - C$0.07
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Current Stock Chart for ENERGULF RESOURCES INC (ENG)

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energulf resources inc (ENG) Details

EnerGulf Resources Inc. engages in the acquisition, exploration, and development of oil and gas projects in Africa. It holds interests in the Lotshi Block covering an area of approximately 507 square kilometers located in the onshore coastal salt basin of western Democratic Republic of Congo; and the Block 1711 covering an area of approximately 8,891.49 square kilometers located in the Namibe basin off the northern coast in Namibia. The company was incorporated in 1981 and is headquartered in Toronto, Canada.

energulf resources inc (ENG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$76.1K
Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: C$18.0K
Compensation as of Fiscal Year 2015.

energulf resources inc (ENG) Key Developments

EnerGulf Resources Seeks Acquisitions

EnerGulf Resources Inc. (TSXV:ENG) said that the acquisition of Columbus Copper will enhance further acquisition opportunities and take advantage of exploration opportunities in the current reduced cost environment in anticipation of higher commodity prices in the future.

EnerGulf Resources Inc. Announces Executive Changes

EnerGulf Resources Inc. and Columbus Copper Corporation announced that they have entered into a definitive arrangement agreement pursuant to which EnerGulf will acquire all of the outstanding shares of Columbus Copper in exchange for common shares of EnerGulf to be issued on the basis of one Columbus share for 0.4937 EnerGulf common shares. The arrangement agreement provides that EnerGulf's Board of Directors will be expanded from four to five directors, with Robert Giustra, Director of Columbus Copper, to be appointed as a fifth director on closing. The chief financial officer of EnerGulf will resign and be replaced with the current CFO of Columbus Copper, Akbar Hassanally, and the VP, Communications and Technology and the VP, Legal and Corporate Secretary of Columbus Copper will be appointed to the same officer positions with EnerGulf.

EnerGulf Resources Inc. Auditor Raises 'Going Concern' Doubt

EnerGulf Resources Inc. filed its Annual on Jun 29, 2015 for the period ending Feb 28, 2015. In this report its auditor, Collins Barrow LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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