GulfSlope Energy Inc (GSPE)

[Philvb]

the average off 50 $ a barrel is a good position for Gulfslope , think about there breakeven 20-25 $

Now it's time to take action against the NON believers in there project . Iff they could have a deal with
the 6 high potential prospects wth drill ready status , that could hold 738 million barrels off gross recoverable resources representing $ 5,5 billion ( oil price 47 , 57 $ in June 2016 ) , this could send the stock price up to high levels again . And this is only Phase 1 .

this you can read in the Louisiana June 2016 Energy conference presentation . I think why this is all taking so long , that the negotiation for such amounts take a while , The money they need is my guess around 20 million $ .

for those who don't now why GSPE stands for they can always read the presentation on the following link from the website www.gulfslope.com ( click on investors ) . Maybe they think twice before selling

http://content.stockpr.com/gulfslope/db/184/935/pdf/LAEnergyConference02June2016.pdf