EnerGulf to Start Aeromag Survey on Lotshi Block

EnerGulf Resources Inc. 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.