energulf to conduct aeromagnetic survey on lotshi block in drc

EnerGulf to Conduct Aeromagnetic Survey on Lotshi Block in DRC

06-16-2008

EnerGulf has entered into an agreement with South Africa based New Resolution Geophysics (NRG) to commence acquisition of a reconnaissance aeromagnetic and gravity survey of EnerGulf's Lotshi Block, onshore Democratic Republic of Congo (DRC). The survey is designed to identify and map structural trends and leads of the Congo coastal basin at the Lotshi location. The survey is expected to start in four to six weeks subject to obtaining the required permits and local weather conditions. The field portion of the survey will take approximately one week to complete.

The Lotshi Block covers approx 475 sq km in the onshore coastal basin of the western DRC and is contiguous to the highly prospective Cabinda area of Angola. EnerGulf is the operator of the block.

EnerGulf Chairman of the Board and President Jeff Greenblum comments, "We are pleased to commence our exploration program for the Lotshi Block and look forward to advancing this exciting opportunity forward."

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