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they need a rating in $ for other many Big markets not in cents anymore . So it has to be 1/100 . todays share price 0,034 X 100 is 3,4 $ . @ the price we are now it frightens new buyers i think . But to change markets they gonna have to need more money and guarantees . But i have confidence in GSPE . Mr Seitz loans the compagnie also already many times money , he is the president , so he knows much more than we do . But for the moment the sentiment in the World is not so good , so we need patience.
Hi Zeek , my expectation are hi for GSPE , Good management , they are in a good position to be a large player . The first thing is a stock split we need and upgrade to a other market . The markets are not so good @ the moment , and oil price is not what it has been before , but i have faith in the future. The OPEC can't go on this way and Venezuela has announced for talks about the oil price . The best way for GSPE is that they should manage without any partnership , so they don't have to share like example 25/75 for a deal . The drilling cost are now even lower than 25 $ a barrel . The share price @ we stand for is way to low , but what can we do about it ? GSPE needs to sell themselves @ the public , the don't come out with many news , upgrades are always good for compagnies who are rating on a stockmarket. We all need patience .
in 3 days oil rise with 26 % , GSPE is only going down .
http://www.smh.com.au/business/energy/oil-surges-as-opec-reiterates-its-willingness-to-find-fair-price-20150831-gjc3l2.html
That should be good news !
http://www.bloomberg.com/news/articles/2015-08-26/oil-industry-needs-to-find-half-a-trillion-dollars-to-survive
Not for GSPE , and why does they don't get any trust anymore ? Oil price jumps up with 12 % nearly @ 43 $ , we still go not further then 0,0350 $ .
i read some interesting article about " a talk with the management of GSPE "
More info @ www.geckoresearch.com/signup
Maybe many people should better follow up the compagnie instead of dumping there shares .
The OTC Market is bringing GSPE down , hopefully we get some good news soon about uplisting
and stock split to bring us to a better market , where GSPE get value for money . Then they can
start there test drilling .
with the current report , it seems likely we going the right way , otherwise Mr. Seitz shouldn't put money again in the compagnie. The only thing we have to go true is a higher oil price . Then they can make a good deal and start the test drilling. The share price @ 0,04 is not the value we should stand @ the moment . Strange that people selling @ this price . You have to see GSPE @ long term in the situation the markets are for the moment . GSPE can get a nice future when the operations go well.
http://ir.gulfslope.com/all-sec-filings/content/0001214782-15-000119/gspe8k081315.htm
http://money.cnn.com/2015/08/07/news/russia-oil-fuel-shortage/index.html
http://money.cnn.com/2015/08/06/news/economy/saudi-arabia-oil-deficit/index.html
hopefully this bring us to higher oil prices.
also an option for GSPE !
http://www.macauhub.com.mo/en/2015/08/03/china-increases-oil-imports-from-angola/
GSPE -0.98% -49.50% -87.05% -56.09% @ the moment . Still no news from GSPE to give a update to the shareholders . How low are they gonna let it go ? @ the point of view there is no trust anymore because the Public relation of GSPE sucks , how can you keep the faith from you're shareholders like the way it goes now ? The many presentations they did in the beginning off the year it was always the same stories they told. But instead the didn't do a uplisting ( for to protect the current shareholders , likes Mr Seitz said ) Is that the protection we get now ? With stockholding compagnies you can expect the share price goes down and go up . With GSPE it goes down only , that's worries me . Mr Seitz invested 1 million $ again , that's the only thing that's keep me stay in the compagnie and give me the faith to go further in the future. They need to give the compagnie a boost to attract new investors ( big and small ) .
@ all time low , i am wondering what's gonna happened in the future . Iff Seitz is still investing in the compagnie , why are we @ 0,06 cent ? I thought it gives the share price a boost . Wasn't the time there to make a deal when the oil price doing 60 $ for a while ? We are now @ 48-49 $ , what iff the oil price goes to 40 $ ? Iff the make a break even @ 25 $ , then it's it's more likely GSPE should go there own way , also for the shareholders . How should @ deal look like 75 % for extern partner - 25 % GSPE ?
does anyone have any idea what the share value should be @ the moment ? the link below is from
OTC market with the authorized shares and ...
http://www.otcmarkets.com/stock/GSPE/profile
http://www.theguardian.com/world/live/2015/jul/14/iran-nuclear-talks-deal-historic-vienna-live-updates
that brings the oil price down again .
is there a uplisting in the future ? i hope it will ! Like the way it goes now it's sad. Next month i have GSPE for 1 Year in port . It doesn't bring me happiness , almost for months the rating goes down . No correction @ all . Uplisting or raising money that's the question ! Rating @ OTC is not the way it should be , information about where Gulfslope Energy stands now is what the investors need . New investors is also a important thing for GSPE , the cash burn goes fast if you don't have cash coming in.
-27,27 % in 3 months , - 30,43 % this year and - 84 % in 1 Year . The oil price is falling down , what can we expected in the future ? Isn't time to bring some update to the shareholders ! Shell give there update from the Gulf of Mexico ( see below )
http://fuelfix.com/blog/2015/07/01/shell-moves-forward-on-major-gulf-of-mexico-platform/#34117101=0
That's the reason that i still believe in GSPE , there is enough " black Gold " in the ground in the Gulf of Mexico . But i can't say the management is doing well to update there shareholders .
ir.gulfslope.com/press-releases/detail/126
New Miocene discovery - LLOG hits oil at Crown & Anchor prospect in GoM
LLOG is the largest private producer in the Gulf of Mexico and on June 1st they announced a drilling success in the proximity to GulfSlope's prospects in the Miocene. Link to press release
http://www.llog.com/images/pdfs/pr_llog_announces_discovery_at_crown_anchor.pdf
more on www.geckoresearch.com
What does the management say in the beginning of the year " we are not uplisting now to protect the current shareholders " Is that the protection we get now . The longer they wait to bring out some information about the current stand of business the lower the share price fall . And that's not the way to attract new small or big investors . What about the cash position @ the moment ? GSPE has a big potential , but not bring any information or updates for months that's not the way i expect from a compagnie who is rated on a stock exchange . The oil price is around 58 - 60 $ @ the moment , the OPEC doesn't change there production ,GSPE should be break even @ 20 to 25 $ a barrel , looks to me a good investment for oil compagnies.
OPEC supply is expected to increase by 0.2-0.3 million barrels per day (bpd) between now and end-3Q2015, analysts of the US JP Morgan bank said in a report, obtained by Trend.
OPEC supply growth has slowed from end- 1Q2015 level of 1.4 million bpd year-over-year, analysts said.
At the same time they expect non-OPEC supply to contract by 0.5 million bpd between now and end-3Q2015.
Analysts mentioned that Brent futures prices last week stayed in a $64-$68 per barrel range.
“Unsurprisingly, oil market volatility has retraced back to seven-month lows, despite a pop higher mid-week,” they said.
Oil prices on Friday have fallen over supply concerns following escalating geopolitical disturbance in the Middle East. July Brent crude fell $0.25 to $66.29 a barrel while US WTI for July decreased by $0.27 cents to $60.45 a barrel.
According to the International Energy Agency (IEA), OPEC oil supply rose by 160,000 barrels per day (bpd) to 31.21 million bpd in April - the highest since September 2012, and nearly 1.4 million bpd above a year earlier - as Iraq and Iran boosted output and top exporter Saudi Arabia held flows above 10 million bpd.
The current quota for OPEC oil production is set at 30 million bpd.
OPEC member countries will hold a meeting in Vienna on June 5 to talk over the oil market situation and decide on the need of changes in production quotas.
Last week Iran's Oil Minister Bijan Zanganeh said OPEC is unlikely to change its production ceiling during the upcoming meeting.
"Lowering OPEC's production ceiling requires consensus between all members ... under current conditions it seems unlikely that the OPEC production ceiling will change," Zanganeh said.
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When ? That's the million $ question ! When does GSPE bring some news or updates . How can the expect that new buyers turn up @ such a low share price . Raising money @ the current share price is also no option. i am waiting for months already the read some news . The many Conference calls doesn't bring us further . I hope they are busy behind the scenes to get a good option for the future. The current oil price is around $ 60 now . All eyes are @ the beginning of June , when the OPEC has there meeting .
Hallo Spec , i started to buy @ 0,40 and i thought and still think it's a bargain . The management is top and the future looks good . Still it's always boring that they don't bring any update . And so the share price goes down. I believe in GSPE for long Term , and that's the way it's gonna be i think . Also the low oil price doesn't make it easy to get a good deal @ the moment , hopefully it's going better in June , with the 6th OPEC International Seminar .
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GulfSlope (gspe)
We had a short talk with management on Thursday but it was kind of disappointing to be honest. The conversation was unusual for us as we were given answers to our questions which didn't say much, it was like talking to a lawyer. One interpretation of this behavior could be that they are not allowed to say anything at all since they are close to a press release. We honestly don't know and we were left with a confusing feeling.
What it doesn't take a brain surgeon to conclude, is that GulfSlope need to raise some cash very soon so perhaps that's what holding them back on the information front. One positive thing though, when we asked if the 8-10 entities still were in discussions with GulfSlope, we were told that the number of interested parties is now higher. Interest is still strong which is encouraging. After all, the Gulf of Mexico together with Saudi, are probably that last places that will produce oil in a low price environment.
www.gulfslope.com
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Portfolio & Trades
As always, you can follow what we do and how we do it on http://www.geckoresearch.com/current_gecko_portfolio_and_trades.
i believe many investors are waiting from news , how it goes in the future with GSPE . Normally we had in March the uplisting but this is what we get instead , John Seitz, Chairman and Chief Executive Officer, commented, "Despite having sufficient votes to approve the proposal, we have decided to adjourn the Special Meeting to provide the Company more time to evaluate the potential effects of a reverse stock split on its existing stockholders as it relates to future funding requirements. Employees and directors own approximately 40% of GulfSlope common stock and we are fully committed to act in the best interest of our stockholders."
the stock quotes, isn't doing better than 0,10 or sometimes 0,12 for already a long time . In the presentation , there was also nothing we didn't no. Something has to happened to get a higher
quote . When does they gone start with tests to drill , June or later ? Do they have already a good
view on partnerships , @ the current price of WTI oil $ 56 , isn't the best time for negotiations , hopefully the OPEC meeting in June 2015 bring use better news so the oil price can go up again .
Many questions , hopefully we get some answers soon .
GulfSlope Energy
(OTCQB: GSPE)
Presentation: Monday, April 20th at 11:15 am - Room EE
GulfSlope Energy is an independent oil and natural gas company focused on exploring offshore U.S. Gulf of Mexico. To learn more, visit the GulfSlope Energy website at www.GulfSlope.com.
GulfSlope Energy Adjourns Special Meeting of Stockholders
HOUSTON, TX--(March 16, 2015) - GulfSlope Energy (OTCQB: GSPE) ("GulfSlope or the "Company"), an independent oil and natural gas company focused on exploring offshore U.S. Gulf of Mexico, today announced that it has adjourned the Special Meeting of Stockholders (the "Special Meeting") without taking any action. The Special Meeting was related to a proposed amendment to the Company's certificate of incorporation giving GulfSlope's Board of Directors the discretion to effect a reverse stock split of all outstanding shares of the Company's common stock at a ratio of not less than 1-for-2 and not greater than 1-for-200.
John Seitz, Chairman and Chief Executive Officer, commented, "Despite having sufficient votes to approve the proposal, we have decided to adjourn the Special Meeting to provide the Company more time to evaluate the potential effects of a reverse stock split on its existing stockholders as it relates to future funding requirements. Employees and directors own approximately 40% of GulfSlope common stock and we are fully committed to act in the best interest of our stockholders."
About GulfSlope Energy
GulfSlope Energy is an independent oil and natural gas company focused on exploring offshore U.S. Gulf of Mexico. To learn more, visit the GulfSlope Energy website at www.GulfSlope.com.
GulfSlope Energy to Present at the 27th Annual Roth Conference
HOUSTON, TX--(March 04, 2015) - GulfSlope Energy (OTCQB: GSPE) ("GulfSlope or the "Company") today announced that John Seitz, the Company's Chairman and CEO will present at the upcoming 27th Annual Roth investor conference.
27th Annual Roth Conference
Date: March 8-11, 2015
Location: The Ritz Carlton
Dana Point, CA
Webcast: http://wsw.com/webcast/roth29/gspe
Attendance at the conference is by invitation only and interested investors should contact the conference organizers at ROTH Capital. For more information about the conference or to schedule a meeting with GulfSlope management, please contact your ROTH representative.