GulfSlope Energy Inc (GSPE)

[smith199]

If they do not already have one, there is a possibility that Gulfslope will need a new Tau 2 Exploration Plan for SS351. No big deal. Maybe it is a good thing.

I suspect they will go for the deep pay targets this time and plan to make it as far as they can. If they happen to hit a good commercial zone, they may decide to make a well at that depth. They can always drill a Tau 3 to the deeper depths at a later time, as in Mahogany Field / 26 wells.

Yes, Delek’s financial position should be improving every day. They may not even want an additional Partner.

I think the oil and gas market is definitely red hot. And probably undervalued as well. Check out this link.

https://financialpost.com/commodities/energy/oil-gas/eric-nuttall-energy-stocks-remain-woefully-undervalued-despite-the-massively-bullish-backdrop

I believe the Republicans will make enough gains to take back control of the Congress after the mid-term elections. That will mean they are in charge of spending, and also have the ability to put a stop to much of the harmful agenda. Hoping Gulfslope can drill Tau 2 at that point.

By the way, Louisiana Light Sweet $114.23/bbl up 100%, lol.





Mrs. Smith