EnerGulf Appoints Chief Financial Officer

TORONTO, ONTARIO--(Marketwired - March 17, 2014) - EnerGulf Resources Inc. (TSX VENTURE:ENG)(FRANKFURT:EKS) ("EnerGulf" or "the Company") is pleased to announce the appointment of Jonathan Chu as the Company's new Chief Financial Officer.

Mr. Chu, an employee with Marrelli Support Services Inc., is a Canadian Chartered Professional Accountant and has a Bachelor of Commerce from McGill University. He previously worked in public accounting, with the past two years providing financial services primarily to junior exploration companies.

The Company thanks Mr. Clive Brookes for his years of service as a director and more recently, the Company's Chief Financial Officer.

About EnerGulf

EnerGulf Resources Inc. is a Toronto, Canada based oil and gas exploration company trading on the Toronto TSX Venture Exchange (TSX VENTURE: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, Director & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain disclosure in this release 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. EnerGulf disclaims any intentions or obligations to update or revise any forward looking statements whether as a result of new information, future events, or otherwise.