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GSPE’s partner Delek filed a shelf offering to

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spec machine   Thursday, 07/30/20 10:16:07 AM
Re: None
Post # of 4063 
GSPE’s partner Delek filed a shelf offering to raise cash (info available at their site)

As it relates to Gulfslope, it is unclear what their near term objective is regarding continuing the drilling program with GSPE

Exploration indicators are still at rock bottom in the GOM and crude prices continue to hover at just over $40

Flat markets usually sink microcaps that don’t have decent revenue so where does that put GSPE with zero revenue?

spec

- Foglifter -

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