GulfSlope Energy Inc (GSPE)

[Gspex]

Just a slight correction. Because the Gulfslope portfolio is in shallow water, the lead time to build a production facility will be closer to a year or 18 months rather than 3 or 4 years. There are big pipelines everywhere in the area, so hooking up will be easy. Once Gulfslope finds a nice field, getting paid won’t take anywhere near as long as for a deepwater find. It is still necessary to have a long-term focus, but this is much easier and faster and cheaper than Atlantis or Thunder Horse etc.