GulfSlope Energy Inc (GSPE)

[MktMvn]

I know for a fact that 2 of the original four prospect generators that identified the Gulfslope portfolio, and supported drilling the first wells, are still actively involved in technical work for Gulfslope. Losing Ron Bain is significant, but he had to leave for personal reasons. Clint Moore is an able replacement with decades of GoM experience, and he is getting things done. The high-end geophysical processing that Exxon and BP use is available to anyone through the vendors, like TGS and Western Geophysical. There is no chance that either Tau or Corvette was worked up for drilling using the spec data and processing. That would have been done with proprietary re-processed data that only Gulfslope and Delek have access to. Yes, it would be much better to have newer raw data, but for exploration, the reprocessed spec. stuff is probably fine. The Canoe well would have used the spec time data, which is what everyone uses for bright spots. You seem to be awfully negative about Gulfslope and their exploration approach. I think they have probably done a perfectly industry standard job of finding good prospects in the Shelf Subsalt play. Have some patience.