GulfSlope Energy Inc (GSPE)

[spec machine]

all time low bid so I guess the market factors a non-zero, but obviously very near-zero probability of GSPE drilling in the near future (maybe ~6 months)

if that's the case, I hope they're in full cash preservation mode until then

I fully expect the leases to be automatically extended, lease payments suspended under certain conditions, and possibly royalties slashed

all in order to preserve the upstream oil and gas production in the face of the double-whammy of oil war and pandemic disruption glut

I think GSPE can survive to drill another day somewhat soon

sequestered but not distracted

spec