RECENT NEWS

January 13, 2010
»ENERGULF PROJECT UPDATES

September 11, 2009
»LOTSHI BLOCK SEISMIC UPDATE

July 31, 2009
»ENERGULF CLOSES SECOND AND FINAL TRANCHE OF PRIVATE PLACEMENT

ENERGULF IN THE MEDIA

"Exploration and Development"
August 24, 2009 edition of OIL & GAS
JOURNAL

"Frontier Plays in Congo and  Offshore Namibia"
Company Presentation-May 2009

ENERGULF RESOURCES

EnerGulf Resources Inc. is a publicly traded international oil and gas exploration company focused on maximizing shareholder value by targeting high impact opportunities for acquisition and development in the world's most prospective hydrocarbon regions.

Corporate Highlights

•  Strong Capitalisation for upside growth –    only 56,407,890 million shares outstanding

•  Strong Cash position

•  World class prospective offshore and    onshore oil & gas properties in Western and    Southern Africa [interests in over 2.12 million    acres (8,500 sq/km)]

•  Experienced Management team

TRADING SYMBOLS

ENG : TSX.V
EKS : Frankfurt


PROJECT HIGHLIGHTS

Block 1711 - Namibia

•  2 million acre, deep offshore Oil and Gas    Production Sharing Contract – 10% interest

•  Upon  completion of the Kunene #1    exploration well in August 2008, the    company announced the discovery of an    active hydrocarbon system in the previously    unexplored Namibe Basin

•  Comprehensive Evaluation and Results of    Kunene #1 and Block 1711 to commence    in 2010

•  Netherland Sewell Resource Estimate as of    January 2006, undrilled Hartmann Prospect,    93,000 acres of closure – unrisked best    estimate- 2,704 MMBO or 14,064 BCF 

Lotshi Block - DRC

•  90% interest of 500 Km₂  Oil and Gas    Production Sharing Contract

•  Seismic program scheduled to be completed    in 2010

•  On trend with the M’Boundi giant field in the    Republic of Congo and situated in a similar    geological setting 

•  EnerGulf is the operator