GulfSlope Energy Inc (GSPE)

[spec machine]

Does anyone know if the Ron Bain who was just named as the CFO for Vaalco (EGY) is the same Ron Bain that was management at GSPE (COO) when Tau1 was drilled?

I suspect it is one and the same but have not yet confirmed

I don’t recall if I posted it publicly but back in 2018 or 2019 I dug up some info that suggested there might be some M&A talk between the two companies

Talk is cheap and nothing materialized back then

It’s a longshot but Vaalco has the cash and cash flow to rock and roll

They have also stated they are keeping open the potential for attractive acquisitions

GulfSlope has stated similar interest in M&A opportunities but neither has indicated any interest in the geographical split

Maybe that silence is deliberate

Or maybe I’m crazy

spec

Then there’s this still hanging like a piñata

Delek has embarked on an international expansion with a focus on high-potential opportunities in the North Sea and North America.

...... and this from April 2019

According to the agreement signed yesterday, Delek Group has acquired 22.45% of the exploration, development and production rights for oil and gas in the Caesar Tonga field. Located in the Gulf of Mexico 300 km south of Louisiana at a depth of 1,500 meters, the field contains 8 wells connected by an undersea pipeline network to a production platform owned by Anadarko, which transports the oil and gas through an existing pipeline to the coasts of Louisiana and Texas. Since the development of the Caesar Tonga is based on existing infrastructure, it has a low cost of production.