InvestorsHub Logo
Followers 6
Posts 604
Boards Moderated 0
Alias Born 12/16/2011

Re: MktMvn post# 3297

Thursday, 04/30/2020 10:31:00 AM

Thursday, April 30, 2020 10:31:00 AM

Post# of 7858
Any ideas on whats keeping the permit on hold? Corona? Drill location and/or the events that occurred with Tau 1?

Maybe the insurance company is delaying it to get a better deal with the rig?

Im really amazed that the interest in shallow GOM is zero, and has been for so long! Safe jurisdiction, infrastructure in place/low break even. Investors go to Africa dealing with shady governments for a few million barrels of oil. What do the industry know that we dont? Was shale really that great? If only a few percent of the money that went to shale would go to GOM we would be up and running.