Philippe,
Would you mind taking a screen shot of the part of the email with Gulfslope’s detailed email address and time stamp? You could block out your email address for safety purposes.
That way your email would have more validity for the GSPE readers. You already do some sophisticated Web links on GSPE’s board. Thank you for all those Web linked sources that you share they are very much appreciated.
I too am looking forward to them returning to their office in a little over a week, and any future Gulfslope News Releases.
The good thing about this email is it reinforced what we pretty much already knew. They are working from home like all the rest of the World due to the Global Pandemic and it’s economic impact.
In my opinion, there were a couple of positives this week. Firstly, the price of Crude Oil held in the mid-thirties after the EIA 5/22 inventory report and the US issued China/Hong Kong Restrictions. Secondly, Gulfslope’s Share price closed at almost 32% higher on Friday. Lastly, with the 48,000,000 (48 million) $GSPE shares traded over the last two weeks it allowed for new GSPE investors, current GSPE investors to add to their portfolio, and some Investors to get back into GSPE.
I wonder if that “Monster Equity Big Block Buyer” will be back for a third week in a row, ready to pick up all those GSPE shares again?
Brent up 5.02% to $37.84/bbl July Contract
Source: OilPrice.com 19 hrs ago
Could Brent reach 40/bbl over the next couple of weeks? It has been outperforming analysts expectations over the last few days. Delek Group uses the International Benchmark ‘Brent’ for all it’s Crude Oil reporting.
WTI up 5.28% to $35.32/bbl July Contract
Source: OilPrice.com 19 hours ago
Louisiana Light up 2.42% to $35.42/bbl Wholesale Spot Closing Price as of 5/28/2020. Gulfslope’s Prospects Breakeven is < less than $20/bbl. Source: Gulfslope’s website, Investors, Company Information, Presentations/9/2019.
I am hoping Crude Oil prices increase or at least hold for next week. Who knows, but it’s been positive so far over the last couple of weeks.
Smith
