EnerGulf Resources Inc.
TSX VENTURE : ENG
FRANKFURT : EKS

EnerGulf Resources Inc.

April 19, 2007 02:52 ET

EnerGulf Retains Investor Relations Firm

HOUSTON, TEXAS--(CCNMatthews - April 19, 2007) - EnerGulf Resources Inc. ("EnerGulf") (TSX VENTURE:ENG)(FRANKFURT:EKS) has retained Progressive IR Consultants Corp., a company doing business as Progressive Investor Relations ("Progressive") as its investor relations service provider. Progressive is a Vancouver based investor relations consulting company owned and managed by Kris Kottmeier. Pursuant to the terms of the service agreement entered into between Progressive and EnerGulf, Progressive will assist EnerGulf with the development and implementation of an investor and shareholder relations and communications program.

Progressive will receive a monthly fee of $7,500 (cdn) for services rendered for a period of one year and may be terminated by EnerGulf without cause or penalty after an initial six month period. Pursuant to the Company's Stock Option Plan, EnerGulf has also granted to Progressive a stock option exercisable to purchase up to 120,000 common shares at an exercise price of $1.00 per share expiring on April 17, 2009, which will vest in stages in accordance with the policies of the TSX Venture Exchange.

Other than the agreement disclosed herein, there is no relationship between Progressive or its principals and EnerGulf. Progressive does not presently have any interest, directly or indirectly, in EnerGulf or its securities or any right or intent to acquire such interest, other than the stock option granted to it.

EnerGulf 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.

Jeff Greenblum, Chairman of the Board, comments: "With the addition of Progressive Investor Relations, EnerGulf is adding a well respected and experienced investor relations group to facilitate the flow of information to our shareholders and the marketplace. As our projects mature to operational management there is an increasing amount of project specific work being accomplished and Progressive will assist EnerGulf with communicating those events to our shareholders and others."

On Behalf of the Board of Directors of Energulf Resources Inc.

Jim Askew, President

Certain disclosure in this release, including management's assessment of EnerGulf's plans and projects, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to EnerGulf's operations as an oil and gas exploration company that may cause future results to differ materially from those expressed or implied by those forward-looking statements and readers are cautioned not to place undue reliance on these statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release.

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