EnerGulf Resources Inc.

News

ENERGULF APPOINTS INVESTOR RELATIONS FIRM

TORONTO, ON (May 1, 2014), EnerGulf Resources Inc. (TSX-V: ENG; FSE:EKS)
(“EnerGulf” or “the Company”) is pleased to announce the appointment of the Buick
Group Corp. (“Buick Group”) as an investor relations consultant. The agreement with
Buick Group is effective May 1, 2014 and is subject to the approval of the TSX Venture
Exchange.

The Buick Group is a Toronto based firm that specializes in assisting emerging growth
companies with public relations, capital markets experience, and developing and
initiating strategies to strengthen relations and communications between companies or
individuals associated with the firm. The Buick Group will assist EnerGulf in gaining
increased exposure to investors through the dissemination of corporate information to a
network of online venues, brokerage firms, financial institutions and private investors.

The Buick Group has been appointed for an initial term of twelve (12) months. The
Buick Group will be paid for provision of its services a monthly fee of $3,500 and a grant
of 200,000 incentive stock options exercisable at $0.37 per option for a period of five
years, subject to the terms and conditions of the Company’s stock option plan.

The Buick Group does not currently have any interest, directly or indirectly, in the
Company or its securities, although it may choose to acquire shares in the Company in
the future. The Buick Group does not intend to undertake any market making activities.

About EnerGulf

EnerGulf Resources Inc. is a Toronto, Canada based oil and gas exploration company
trading on the Toronto TSX Venture Exchange (TSX-V: ENG) and the Frankfurt
Exchange (EKS). It also has offices in Kinshasa, Democratic Republic of Congo.
EnerGulf’s subsidiaries are EnerGulf Corporation, EnerGulf Africa Ltd., EnerGulf
Namibia Ltd., EnerGulf DRC, Ltd. and EnerGulf Congo, SARL. EnerGulf hold a 90%
working interest in the Lotshi Block, Onshore Democratic Republic of Congo, which
covers approximately 507 square kilometers, with seven independent prospective
hydrocarbon prospects. EnerGulf holds a 15% working interest in Block 1711, Offshore
Republic of Namibia, which covers approximately 8,891 square kilometers, with nine
independent prospective hydrocarbon prospects. EnerGulf has obtained Prospective
Resources Reports for the Lotshi Block and Block 1711, which Reports are available on
the EnerGulf website.

On Behalf of the Board of Directors of ENERGULF RESOURCES INC.

“John Elmore”

Jonathan Buick
The Buick Group
Jbuick@buickgroup.com
416-915-0915

 
 
- EnerGulf Resources Inc.