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I contacted VP. Mr. Malanga this week about

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Philvb   Saturday, 05/30/20 12:37:06 AM
Re: MktMvn post# 3450
Post # of 4040 
I contacted VP. Mr. Malanga this week about that and this is his response I just received . This is the mail I send and answer on that .

Mr. Malanga ,

It's been a while , I hope you and your family are well due the coronavirus . Are you guys already back to work ? On 27 Februari 2020 we get a press release on the filing of Tau drilling permits kicks off 2020 drilling campaign. With the coronavirus the demand for oil dropped very hard , price collapsed ,... and just when all things went well for Gulfslope . The current contract with Valaris for the Ensco 102 expired May 20 . Also it's quit about the deal with Delek - Group about the further working progress . May we expect an update soon or is everything on hold with the coronavirus ?

Regards

Philippe



Thanks for reaching out and I hope all is well with you and your family. We have been working from home for the past 8+ weeks but we hope to be back in the office sometime in June.

We have never stopped working during the current crisis but as you can appreciate, the uncertainly related to COVID-19 and volatility of commodity prices has resulted in unanticipated delays. We hope to have an investor update soon.

Regards,

John



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