GulfSlope Energy Inc (GSPE)

[Gspex]

As far as production costs, sorry, but that would be nearly impossible to estimate at this time. Don’t have any information on number of wells, number of reservoirs, depth of pay zones, amount of production. Nowhere near enough information to even hazard a guess.
As far as the tight hole designation - this is really directed more at potential competitors. You pay a lot to get detailed information on what a drill hole finds, and you don’t want to give it away for nothing. Plus, in the case of Tau and the other Gulfslope prospects, this is an unproven play that the industry has shied away from. So there are still nice prospects out there that are on unleased acreage. Gulfslope would want to keep things quiet until they have identfied remaining prospects and had a chance to pick them up in a lease sale. Most all exploration wells are “tight” for this reason. Especially when the play is considered highly risky.