from GSPE partner

Texas South Energy $717000 Financing. Michael J Mayell Published Aug 29 SEC Form
August 29, 2018 - By Vivian Park

Texas South Energy Financing
Texas South Energy, Inc., Corporation just filed form D because of $717,000 equity financing. This is a new filing. Texas South Energy was able to fundraise $717,000. That is 100.00 % of the financing offer. The total fundraising amount was $717,000. The offering form was filed on 2018-08-29. The reason for the financing was: unspecified.

Texas South Energy is based in Texas. The firm’s business is Oil and Gas. The D form was signed by Michael J Mayell Chief Executive Officer. The company was incorporated more than five years ago. The filler’s address is: 4550 Post Oak Place Dr., Suite 300, Houston, Tx, Texas, 77027. Michael J. Mayell is the related person in the form and it has address: 4550 Post Oak Place Dr., Suite 300, Houston, Tx, Texas, 77027. Link to Texas South Energy Filing: 000121390018011883.

Analysis of Texas South Energy Offering
On average, startups in the Oil and Gas sector, sell 13.77 % of the total offering size. Texas South Energy sold 100.00 % of the offering. Could this mean that the trust in Texas South Energy is high? The average financing size for companies in the Oil and Gas industry is $227,000. The total amount raised is 215.86 % bigger than the average for companies in the Oil and Gas sector. The minimum investment for this fundraising is set at $3000. If you know more about the reasons for the fundraising, please comment below.

What is Form D? What It Is Used For
Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.

Why Fundraising Reporting Is Good For Texas South Energy Also
The Form D signed by Michael J Mayell might help Texas South Energy, Inc.’s sector. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.

Texas South Energy $717000 Financing. Michael J Mayell Published Aug 29 SEC Form
August 29, 2018 - By Vivian Park

Texas South Energy Financing
Texas South Energy, Inc., Corporation just filed form D because of $717,000 equity financing. This is a new filing. Texas South Energy was able to fundraise $717,000. That is 100.00 % of the financing offer. The total fundraising amount was $717,000. The offering form was filed on 2018-08-29. The reason for the financing was: unspecified.

Texas South Energy is based in Texas. The firm’s business is Oil and Gas. The D form was signed by Michael J Mayell Chief Executive Officer. The company was incorporated more than five years ago. The filler’s address is: 4550 Post Oak Place Dr., Suite 300, Houston, Tx, Texas, 77027. Michael J. Mayell is the related person in the form and it has address: 4550 Post Oak Place Dr., Suite 300, Houston, Tx, Texas, 77027. Link to Texas South Energy Filing: 000121390018011883.

Analysis of Texas South Energy Offering
On average, startups in the Oil and Gas sector, sell 13.77 % of the total offering size. Texas South Energy sold 100.00 % of the offering. Could this mean that the trust in Texas South Energy is high? The average financing size for companies in the Oil and Gas industry is $227,000. The total amount raised is 215.86 % bigger than the average for companies in the Oil and Gas sector. The minimum investment for this fundraising is set at $3000. If you know more about the reasons for the fundraising, please comment below.

What is Form D? What It Is Used For
Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.

Why Fundraising Reporting Is Good For Texas South Energy Also
The Form D signed by Michael J Mayell might help Texas South Energy, Inc.’s sector. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.

GulfSlope Energy, Inc. (OTCQB: GSPE) (“GulfSlope” or the “Company”) today announced drilling results for the GulfSlope Energy OCS-G-35589 #1 well on Vermilion Block 378 (VR 378) referred to as the Canoe Shallow Prospect. Based on Logging-While-Drilling (LWD) and Isotube analysis of hydrocarbon samples, oil sands were encountered in the northwest center of the block. The well was drilled to a total of 5,765 feet measured depth (5,700 feet true vertical depth) and encountered no problems while drilling.

A full integration of the well information and seismic data will be performed for further evaluation of the shallow potential of the wellbore and the block, and to define commerciality of these oil pays. The well is being temporarily abandoned with multiple open hole plugs to be set across several intervals. The well is equipped with a mud-line suspension system for possible future re-entry. A deeper subsalt prospect on VR 378, for which the block was originally leased, is not yet drill-ready and is pending further seismic enhancement.

The high-spec Rowan Ralph Coffman jackup rig is expected to be under tow to the Company’s Ship Shoal Area, South Addition Blocks 336/351 location by August 31, where drilling will commence on the Tau Subsalt Prospect. This will be the inaugural well in GulfSlope’s Phase 1 Subsalt Drilling Portfolio of high potential prospects, which will test Miocene reservoirs beneath thick salt sheets on the shelf in 300 feet to 400 feet of water depth. At a planned depth of 29,860 feet measured depth (26,132 feet true vertical depth), the Tau Prospect exploratory well is projected to drill one of the thickest sub-seafloor geologic sections in Gulf of Mexico history almost five miles below the seafloor.

GulfSlope is the operator of the Tau well with a 20 percent working interest. Delek GOM Investments LLC, a subsidiary of Delek Group Ltd. (“Delek”) will have a 75 percent working interest and Texas South Energy Inc. will own a five percent working interest.

--- Rig Will Move to Tau Prospect to Begin Drilling of Subsalt Portfolio ---

drilling results for the GulfSlope Energy OCS-G-35589 #1 well on Vermilion Block 378 (VR 378) referred to as the Canoe Shallow Prospect. Based on Logging-While-Drilling (LWD) and Isotube analysis of hydrocarbon samples, oil sands were encountered in the northwest center of the block. The well was drilled to a total of 5,765 feet measured depth (5,700 feet true vertical depth) and encountered no problems while drilling.

A full integration of the well information and seismic data will be performed for further evaluation of the shallow potential of the wellbore and the block, and to define commerciality of these oil pays. The well is being temporarily abandoned with multiple open hole plugs to be set across several intervals. The well is equipped with a mud-line suspension system for possible future re-entry. A deeper subsalt prospect on VR 378, for which the block was originally leased, is not yet drill-ready and is pending further seismic enhancement.

The high-spec Rowan Ralph Coffman jackup rig is expected to be under tow to the Company’s Ship Shoal Area, South Addition Blocks 336/351 location by August 31, where drilling will commence on the Tau Subsalt Prospect. This will be the inaugural well in GulfSlope’s Phase 1 Subsalt Drilling Portfolio of high potential prospects, which will test Miocene reservoirs beneath thick salt sheets on the shelf in 300 feet to 400 feet of water depth. At a planned depth of 29,860 feet measured depth (26,132 feet true vertical depth), the Tau Prospect exploratory well is projected to drill one of the thickest sub-seafloor geologic sections in Gulf of Mexico history almost five miles below the seafloor.

GulfSlope is the operator of the Tau well with a 20 percent working interest. Delek GOM Investments LLC, a subsidiary of Delek Group Ltd. (“Delek”) will have a 75 percent working interest and Texas South Energy Inc. will own a five percent working interest.

https://www.arkansasbusiness.com/article/123224/the-next-big-thing-editorial

https://www.greentechmedia.com/articles/read/lithium-insiders-move-to-quell-fears-of-market-collapse

http://www.mining.com/standard-lithium-tries-new-approach-speed-production-arkansas/


CAD 0,88 , that's not what I had in mind before the summer starts . SLL is the 2nd large stock in my portfolio . In September there are attending in Hong Kong and Tokyo to promote SLL . So in the mean time we all have to undermine these levels . I'm already a long time buyer in SLL and still believe in these project .

i am already a long time holder of " Z " , For moths share price dropped , shorter taking place ( see short data.ca , even with good news we're down . The only " good " thing is that I can bring my average down . Z is my biggest investment in my portfolio and I am -40% . Can't understand why people sell @ these levels , that the zinc price is down isn't a reason to sell for me , they even haven't start to produce. last PP was 0,24 , this was a huge succes with dubbel the money that they actually had in mind . This can be huge but we all have to sweat it out .

https://www.offshore-mag.com/articles/2018/08/lease-sale-251-yields-more-than-178-million-in-high-bids.html

https://www.haaretz.com/israel-news/business/the-ticker-israir-up-for-sale-again-after-abortive-merger-with-el-al-1.6319610

that's what I did , let's enjoy " short squeeze " soon ! After 4 years starting to invest / sell in Gulfslope , it's hopefully time for a new decade .

have a great weekend

I get this in my mailbox yesterday

https://ir.gulfslope.com/press-releases/detail/136/gulfslope-energy-announces-commencement-of

https://ir.gulfslope.com/press-releases/detail/136/gulfslope-energy-announces-commencement-of

Strange the TXSO doesn't follow GSPE , Great volume with GSPE the last days , even 0,098 yesterday . I know they have not a great part in the deal with Delek , but still ! Last year with Christmas , TXSO went to 0,09 without any reason . Let's hope , we all get the benefits of waiting for years !

unbelievable that still people are selling @ 0,0188 , 0,02 ,... while the action is gone start this month !

https://www.prnewswire.com/news-releases/delek-group-announces-consolidated-first-quarter-2018-results-300657199.html

Gulf of Mexico

On January 8, 2018, Delek Group finalized an agreement to acquire oil and gas assets in the Gulf of Mexico along with GulfSlope Energy and Texas South Energy. These include 12 federal exploration and production rights, of which 9 are exploratory prospects (7 deep waters and 2 shallow waters). Delek Group will finance 90% of two initial drillings in the Tau and Canoe prospects for a cost of up to $50 million in return for 75% of the rights, with addition options to acquire rights in future prospects.

The two exploration wells will be drilled in the next few months using a Rowan Companies rig, which has already reached the Gulf of Mexico. Necessary tests, including regulatory tests, are now under way in preparation for drilling the wells. The operator has filed two drilling plans for the first-phase assets for approval by the Bureau of Ocean Energy Management, which approved drilling of the Canoe well in May, and is expected to grant approval for Tau in the coming days. As of the financial statements' approval date, development costs for the reservoirs have totaled $6 million.

https://www.prnewswire.com/news-releases/delek-group-announces-consolidated-first-quarter-2018-results-300657199.html

Gulf of Mexico

On January 8, 2018, Delek Group finalized an agreement to acquire oil and gas assets in the Gulf of Mexico along with GulfSlope Energy and Texas South Energy. These include 12 federal exploration and production rights, of which 9 are exploratory prospects (7 deep waters and 2 shallow waters). Delek Group will finance 90% of two initial drillings in the Tau and Canoe prospects for a cost of up to $50 million in return for 75% of the rights, with addition options to acquire rights in future prospects.

The two exploration wells will be drilled in the next few months using a Rowan Companies rig, which has already reached the Gulf of Mexico. Necessary tests, including regulatory tests, are now under way in preparation for drilling the wells. The operator has filed two drilling plans for the first-phase assets for approval by the Bureau of Ocean Energy Management, which approved drilling of the Canoe well in May, and is expected to grant approval for Tau in the coming days. As of the financial statements' approval date, development costs for the reservoirs have totaled $6 million.

gulfslope-energy-gspe-presents-2018-louisiana-energy-conference , maybe that attract new buyers . When the share price goes up , people start to buy as crazy . The slide show is the same a posted earlier

https://seekingalpha.com/article/4178547-gulfslope-energy-gspe-presents-2018-louisiana-energy-conference-slideshow?dr=1

https://content.equisolve.net/_9192a3810a2b6df09d3c557f957d6ff1/gulfslope/db/184/945/pdf/GSPE+Investor+Presentation+Feb_18+Final.pdf

In the 4 years that I started to "invest " in GSPE , always something happened . I started to buy @ 0,40 . and I sold everything when I was breakeven last year. I pick up again @ 0,06 . I wrote already many mails to Mr. Malanga and sometimes he wrote back . I also have problems with the communication od the compagnie . In the beginning the did life presentation and went on the road to promote . After 1 year they did nothing anymore . The only reason that where still nowhere is that this has to do with John Seitz himself ! This guy does not want te let the compagnie go even they don't have money anymore . Why is it that no compagnie or big investors even bring a offer on the shares of GSPE ? Ron Bain is now selling on whatever he can get . So then they say the haven't any disagreement . I am also a share holder in TXSO , there is the same problem . OTC market sucks to , they can bring the share price down with even 1 K , and we investors has to swallow our losses . It feels like a never ending story .

https://marketexclusive.com/gulfslope-energy-inc-otcmktsgspe-files-an-8-k-material-modification-to-rights-of-security-holders/2018/05/

Long time we've seen volume of 358 k and closed 0,028 ( last trade 200 k ) . There is something on the way .

strange that I can't buy @ this price 0,0175 . , this is unbelievable !

unbelievable with 10 k to 0,015 . Shorters are doing there " job " here also again !

they take control these days on a lot of markets . These nonsens should be forbidden . We stockholders are always the first to lose money . TXSO isn't doing better @ 0,0225. Bid isn't getting higher than 0,015
Zinc one resources the same also , ... Hope we get some updates soon so we can see higher levels again .

a other stock market is what GSPE need instead off this OTC Market . Attrackt New buyers @ higher stock prices . Penny stocks isn't the level that big investors are looking @ . It's now 3 years that they
they talked about it , but Mr. Seitz said then " for the protection of the current stock holders , they won't do the uplisting " I still can't believe that Gspe isn't on the radar of big players in de GOM .

https://ir.gulfslope.com/press-releases/detail/133

https://ir.gulfslope.com/press-releases/detail/132

https://ir.gulfslope.com/press-releases/detail/132

https://ir.gulfslope.com/press-releases/detail/131

https://ir.gulfslope.com/press-releases/detail/130

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aZ-2523528&symbol=Z®ion=C

so like always the communication from GSPE sucks . There is now communication about the letter of intent from 13/09/2017 that expired 31/10/2017 see bellow

https://ir.gulfslope.com/press-releases/detail/129

http://www.sedar.com/CheckCode.do

it's for me a question why there is no movement in the stock . When you look @ the curve , there has to come a break true soon

it looks like buyers are waking up and want to buy gspe @ this small stock price before we expect some news about there drilling partner and the start of the operations .

https://static1.squarespace.com/static/57719c10e3df28c4b59d709e/t/59e9000a8fd4d2499cae7869/1508442191864/SNV+AGM+Presentation+Oct+19%2C+2017.pdf

this is all panic ! people can't wait anymore , until the deal is be made after the LI off end oktober w"with GSPE and the major producer off gas and oil . I bought this week TXSO @ 0,019 and now with small amount it goes to 0,0175 .

I mean the shorters Not the shooters

So the shooters find there way back again to GSPE . That's way in 2015 they had to do the uplisting , to stop this nonsens ! But to " protect " the current share holders , they didn't .It only went down then I try to buy yesterday lower than 0,04 , @ the end I bought @ 0,04 . Couple of minutes later where @ 0,0350 with only 10 k . For the people who has a lot of GSPE in there portfolio that's a huge different in the amount off money ! That bullshit makes me angry .