PROJECT HIGHLIGHTS

Lotshi Block - DRC

90% interest of 500 Km₂Oil and Gas Production Sharing Contract covering a pre salt rift graben

DeGolyer and MacNaughton Prospective Resource Report: 313.2 million/bbls mean estimate. 7 Prospects, 4 independent plays

Seismic program 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

Drill program scheduled to begin 2012
Block 1711 - Namibia
2.2 million acre, deep offshore Oil and Gas Production Sharing Contract – 15% to 19% 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 of Kunene #1 and Block 1711 commenced in 2011

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

EnerGulf is the interim operator




ENERGULF RESOURCES

EnerGulf Resources Inc. (ENG-TSX.V) 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 68,363,438 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
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