Energulf Resources Inc. (ENGFF) 0.0760 $ENGFF
EnerGulf Receives Extension for the Lotshi Block
Marketwired - Tue Apr 14, 6:32AM CDT
EnerGulf Resources Inc. (TSX VENTURE: ENG)(FRANKFURT: EKS) ("EnerGulf" or "the Company"
is pleased to announce the receipt of a Letter of Extension granted from the Government of the Democratic Republic of Congo ("DRC", whereby extending the first five year period of the Production Sharing Contract between the government and EnerGulf Africa Ltd for the Lotshi Block. The Exploration Permit is extended into February 2016, with the expectation of the drilling of at least one well in the upcoming year. The Extension represents the Company's strong relationship with the DRC. The Company will be reviewing its plan of action and timeline with the Office of the Minister of Hydrocarbons over the coming days. The Company continues to hold discussions with numerous operational and financial participants; and is looking forward to the drilling on the Lotshi Block in accordance with the Extension.
ENG.VN: 0.085 (unch)
EnerGulf Announces the Acquisition of Columbus Copper
Marketwired - Mon Mar 30, 8:03AM CDT
EnerGulf Resources Inc. (TSX VENTURE: ENG) (FRANKFURT: EKS) ("the Company" is pleased to announce that it has entered into a binding Letter of Intent ("LOI" with Columbus Copper Corporation (TSX VENTURE: CCU) ("Columbus" pursuant to which the Company has conditionally agreed to acquire all of the outstanding common shares of Columbus in exchange for 9,200,000 common shares of the Company (the "Acquisition". If successful, the Acquisition will likely be completed as a plan of arrangement under the Business Corporations Act (British Columbia). The LOI resulted from extended Arms-Length negotiations which culminated in a fully executed LOI dated March 24, 2015. The Company will acquire all of the approximately 18,634,798 common shares of Columbus expected to be outstanding at closing of the Acquisition which would result in an exchange ratio of 0.4937. Based on the closing prices of the Company ($0.14) and Columbus ($0.05) on March 23, 2015, the deemed value of the Acquisition would be $1,288,000 and the shareholders of Columbus would receive a premium of approximately 38.2%. The Company currently has 83,397,725 common shares outstanding.
CCU.VN: 0.060 (+0.025), ENG.VN: 0.085 (unch)
EnerGulf Resources Inc. Agrees to Acquire Columbus Copper Corporation
Marketwired - Mon Mar 30, 8:02AM CDT
Columbus Copper Corporation (TSX VENTURE: CCU) ("Columbus Copper" announces that it has entered into a binding Letter of Intent ("LOI" with EnerGulf Resources Inc. (TSX VENTURE: ENG)(FRANKFURT: EKS) ("EnerGulf" pursuant to which EnerGulf has conditionally agreed to acquire all of the outstanding common shares of Columbus Copper in exchange for 9,200,000 common shares of EnerGulf (the "Acquisition". If successful, the Acquisition will likely be completed as a plan of arrangement under the Business Corporations Act (British Columbia). The LOI resulted from extended Arms-Length negotiations which culminated in a fully executed LOI dated March 24, 2015. EnerGulf will acquire all of the approximately 18,634,798 common shares of Columbus Copper expected to be outstanding at closing of the Acquisition which would result in an exchange ratio of 0.4937. Based on the closing prices of EnerGulf ($0.14) and Columbus Copper ($0.05) on March 23, 2015, the deemed value of the Acquisition would be $1,288,000 and the shareholders of Columbus Copper would receive a premium of approximately 38.2%. EnerGulf currently has 83,397,725 common shares outstanding.
CCU.VN: 0.060 (+0.025), ENG.VN: 0.085 (unch)
IIROC Trade Halt - EnerGulf Resources Inc.
Newsfile Corp - Fri Mar 27, 8:18AM CDT
The following issues have been halted by IIROC:
Energy Insiders Are Buying Big On The TSX - February Edition
Kevin Hess - at Seeking Alpha - Thu Mar 12, 8:17AM CDT
CRS: 43.97 (-0.16), NOA: 2.94 (+0.07), CNQ: 31.30 (-0.29), NS: 64.69 (+0.57), CVE: 16.98 (-0.29), PCQ: 15.20 (-0.10), SU: 30.26 (-0.16), BXE: 3.02 (+0.01), EGL: 26.44 (+0.18), PWE: 2.10 (-0.02), PTR: 122.34 (-2.65), ERF: 10.43 (-0.29), CPG: 24.02 (-0.37), JE: 5.42 (-0.11)
EnerGulf Closes Non-Brokered Private Placement
Marketwired - Wed Feb 04, 7:03AM CST
EnerGulf Resources Inc. (TSX VENTURE: ENG) (FRANKFURT: EKS) ("EnerGulf" or the "Company" is pleased to announce it has closed a non-brokered private placement (the "Private Placement" of 2,853,164 units (each a "Unit" of the Company at the price of $0.15 per Unit to raise gross proceeds of $427,974.60.
ENG.VN: 0.085 (unch)
EnerGulf Announces an Amendment to the Non-Brokered Private Placement and Insider Participation
Marketwired - Mon Jan 05, 3:31PM CST
EnerGulf Resources Inc. (TSX VENTURE: ENG)(FRANKFURT: EKS) ("the Company" is pleased to announce that it intends to complete the non-brokered private placement ("Private Placement" offering of Units of its publically traded securities at the lowered Unit price of C$0.15 (See December 9, 2014 News Release with Unit price of C$0.20), in the total sum of C$500,000. All other details of the offering remain the same as disclosed in the December 9, 2014 News Release. Insiders are anticipated to participate in the Private Placement for more than 25% of the Private Placement. Closing of the proposed Private Placement is anticipated to occur on or about January 9, 2015 and will be conditional upon, among other things, the receipt of all necessary regulatory approvals (including from the TSX Venture Exchange). Net Proceeds from the Private Placement will be used towards the extension of the Contrat De Partage De Production, and Permis d' Exploration, for the Lothsi Block and for general corporate purposes.
ENG.VN: 0.085 (unch)
EnerGulf Announces Non-Brokered Private Placement
Marketwired - Tue Dec 09, 4:59PM CST
EnerGulf Resources Inc. (TSX VENTURE: ENG) (FRANKFURT: EKS) ("the Company" is pleased to announce a non-brokered private placement ("Private Placement" offering of Units of its publically traded securities at C$0.20 per Unit, in the total sum of C$500,000. A "Unit" is comprised of one publically traded common share (TSX VENTURE: ENG) and one warrant exercisable for one publically traded common share (TSX VENTURE: ENG). Common shares are restricted from trading for four months (and additionally as may be required per investor jurisdiction). Warrants have an exercise price of C$0.25, an 18 month term, and are restricted from exercise for four months (and additionally as may be required per investor jurisdiction). If the TSX.V price of ENG common shares closes at or above C$0.50 for 30 consecutive trading days during the term of the warrants, then EnerGulf will be entitled to accelerate the term of unexercised warrants upon notice to the holders and the warrants will then expire on the 20th day after the effective date of the giving of such notice. The company anticipates that there will be insider participation in the Offering. Closing of the proposed Private Placement is anticipated to occur on or about December 22, 2014 and will be conditional upon, among other things, the receipt of all necessary regulatory approvals (including from the TSX Venture Exchange).
ENG.VN: 0.085 (unch)
EnerGulf Announces Carried Interest and Joint Operating Agreement for Namibia Offshore Block 1711
Marketwire - Thu Jun 12, 6:31AM CDT
EnerGulf Resources Inc. (TSX VENTURE: ENG)(FRANKFURT: EKS) ("the Company" is pleased to announce a Strategic Exploration Agreement between Gazania 148 Investments (Pty) Ltd ("Gazania" and EnerGulf Namibia Ltd ("EnerGulf", a wholly owned subsidiary of the Company, for Offshore Block 1711, Republic of Namibia ("Block 1711". The Agreement includes a negotiated Joint Operating Agreement ("JOA" for Block 1711 which has been submitted to the Ministry of Mines and Energy and NAMCOR (National Oil Company of Namibia) for review and approval. The Petroleum Agreement grants EnerGulf a 15% working interest, Gazania a 75% working interest, and NAMCOR a 10% carried working interest to production.
ENG.VN: 0.085 (unch)
EnerGulf Receives Extension for the Lotshi Block
Marketwired - Tue Apr 14, 6:32AM CDT
EnerGulf Resources Inc. (TSX VENTURE: ENG)(FRANKFURT: EKS) ("EnerGulf" or "the Company"
is pleased to announce the receipt of a Letter of Extension granted from the Government of the Democratic Republic of Congo ("DRC", whereby extending the first five year period of the Production Sharing Contract between the government and EnerGulf Africa Ltd for the Lotshi Block. The Exploration Permit is extended into February 2016, with the expectation of the drilling of at least one well in the upcoming year. The Extension represents the Company's strong relationship with the DRC. The Company will be reviewing its plan of action and timeline with the Office of the Minister of Hydrocarbons over the coming days. The Company continues to hold discussions with numerous operational and financial participants; and is looking forward to the drilling on the Lotshi Block in accordance with the Extension. ENG.VN: 0.085 (unch)
EnerGulf Announces the Acquisition of Columbus Copper
Marketwired - Mon Mar 30, 8:03AM CDT
EnerGulf Resources Inc. (TSX VENTURE: ENG) (FRANKFURT: EKS) ("the Company"
is pleased to announce that it has entered into a binding Letter of Intent ("LOI" with Columbus Copper Corporation (TSX VENTURE: CCU) ("Columbus" pursuant to which the Company has conditionally agreed to acquire all of the outstanding common shares of Columbus in exchange for 9,200,000 common shares of the Company (the "Acquisition". If successful, the Acquisition will likely be completed as a plan of arrangement under the Business Corporations Act (British Columbia). The LOI resulted from extended Arms-Length negotiations which culminated in a fully executed LOI dated March 24, 2015. The Company will acquire all of the approximately 18,634,798 common shares of Columbus expected to be outstanding at closing of the Acquisition which would result in an exchange ratio of 0.4937. Based on the closing prices of the Company ($0.14) and Columbus ($0.05) on March 23, 2015, the deemed value of the Acquisition would be $1,288,000 and the shareholders of Columbus would receive a premium of approximately 38.2%. The Company currently has 83,397,725 common shares outstanding. CCU.VN: 0.060 (+0.025), ENG.VN: 0.085 (unch)
EnerGulf Resources Inc. Agrees to Acquire Columbus Copper Corporation
Marketwired - Mon Mar 30, 8:02AM CDT
Columbus Copper Corporation (TSX VENTURE: CCU) ("Columbus Copper"
announces that it has entered into a binding Letter of Intent ("LOI" with EnerGulf Resources Inc. (TSX VENTURE: ENG)(FRANKFURT: EKS) ("EnerGulf" pursuant to which EnerGulf has conditionally agreed to acquire all of the outstanding common shares of Columbus Copper in exchange for 9,200,000 common shares of EnerGulf (the "Acquisition". If successful, the Acquisition will likely be completed as a plan of arrangement under the Business Corporations Act (British Columbia). The LOI resulted from extended Arms-Length negotiations which culminated in a fully executed LOI dated March 24, 2015. EnerGulf will acquire all of the approximately 18,634,798 common shares of Columbus Copper expected to be outstanding at closing of the Acquisition which would result in an exchange ratio of 0.4937. Based on the closing prices of EnerGulf ($0.14) and Columbus Copper ($0.05) on March 23, 2015, the deemed value of the Acquisition would be $1,288,000 and the shareholders of Columbus Copper would receive a premium of approximately 38.2%. EnerGulf currently has 83,397,725 common shares outstanding. CCU.VN: 0.060 (+0.025), ENG.VN: 0.085 (unch)
IIROC Trade Halt - EnerGulf Resources Inc.
Newsfile Corp - Fri Mar 27, 8:18AM CDT
The following issues have been halted by IIROC:
Energy Insiders Are Buying Big On The TSX - February Edition
Kevin Hess - at Seeking Alpha - Thu Mar 12, 8:17AM CDT
CRS: 43.97 (-0.16), NOA: 2.94 (+0.07), CNQ: 31.30 (-0.29), NS: 64.69 (+0.57), CVE: 16.98 (-0.29), PCQ: 15.20 (-0.10), SU: 30.26 (-0.16), BXE: 3.02 (+0.01), EGL: 26.44 (+0.18), PWE: 2.10 (-0.02), PTR: 122.34 (-2.65), ERF: 10.43 (-0.29), CPG: 24.02 (-0.37), JE: 5.42 (-0.11)
EnerGulf Closes Non-Brokered Private Placement
Marketwired - Wed Feb 04, 7:03AM CST
EnerGulf Resources Inc. (TSX VENTURE: ENG) (FRANKFURT: EKS) ("EnerGulf" or the "Company"
is pleased to announce it has closed a non-brokered private placement (the "Private Placement" of 2,853,164 units (each a "Unit" of the Company at the price of $0.15 per Unit to raise gross proceeds of $427,974.60. ENG.VN: 0.085 (unch)
EnerGulf Announces an Amendment to the Non-Brokered Private Placement and Insider Participation
Marketwired - Mon Jan 05, 3:31PM CST
EnerGulf Resources Inc. (TSX VENTURE: ENG)(FRANKFURT: EKS) ("the Company"
is pleased to announce that it intends to complete the non-brokered private placement ("Private Placement" offering of Units of its publically traded securities at the lowered Unit price of C$0.15 (See December 9, 2014 News Release with Unit price of C$0.20), in the total sum of C$500,000. All other details of the offering remain the same as disclosed in the December 9, 2014 News Release. Insiders are anticipated to participate in the Private Placement for more than 25% of the Private Placement. Closing of the proposed Private Placement is anticipated to occur on or about January 9, 2015 and will be conditional upon, among other things, the receipt of all necessary regulatory approvals (including from the TSX Venture Exchange). Net Proceeds from the Private Placement will be used towards the extension of the Contrat De Partage De Production, and Permis d' Exploration, for the Lothsi Block and for general corporate purposes. ENG.VN: 0.085 (unch)
EnerGulf Announces Non-Brokered Private Placement
Marketwired - Tue Dec 09, 4:59PM CST
EnerGulf Resources Inc. (TSX VENTURE: ENG) (FRANKFURT: EKS) ("the Company"
is pleased to announce a non-brokered private placement ("Private Placement" offering of Units of its publically traded securities at C$0.20 per Unit, in the total sum of C$500,000. A "Unit" is comprised of one publically traded common share (TSX VENTURE: ENG) and one warrant exercisable for one publically traded common share (TSX VENTURE: ENG). Common shares are restricted from trading for four months (and additionally as may be required per investor jurisdiction). Warrants have an exercise price of C$0.25, an 18 month term, and are restricted from exercise for four months (and additionally as may be required per investor jurisdiction). If the TSX.V price of ENG common shares closes at or above C$0.50 for 30 consecutive trading days during the term of the warrants, then EnerGulf will be entitled to accelerate the term of unexercised warrants upon notice to the holders and the warrants will then expire on the 20th day after the effective date of the giving of such notice. The company anticipates that there will be insider participation in the Offering. Closing of the proposed Private Placement is anticipated to occur on or about December 22, 2014 and will be conditional upon, among other things, the receipt of all necessary regulatory approvals (including from the TSX Venture Exchange). ENG.VN: 0.085 (unch)
EnerGulf Announces Carried Interest and Joint Operating Agreement for Namibia Offshore Block 1711
Marketwire - Thu Jun 12, 6:31AM CDT
EnerGulf Resources Inc. (TSX VENTURE: ENG)(FRANKFURT: EKS) ("the Company"
is pleased to announce a Strategic Exploration Agreement between Gazania 148 Investments (Pty) Ltd ("Gazania" and EnerGulf Namibia Ltd ("EnerGulf", a wholly owned subsidiary of the Company, for Offshore Block 1711, Republic of Namibia ("Block 1711". The Agreement includes a negotiated Joint Operating Agreement ("JOA" for Block 1711 which has been submitted to the Ministry of Mines and Energy and NAMCOR (National Oil Company of Namibia) for review and approval. The Petroleum Agreement grants EnerGulf a 15% working interest, Gazania a 75% working interest, and NAMCOR a 10% carried working interest to production. ENG.VN: 0.085 (unch)
