GulfSlope Energy Inc (GSPE)

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it should be , that's the latest news of GulfSlope

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.