GulfSlope Energy Inc (GSPE)

[smith199]

Always open to hearing your opinions, so ‘thank you’ for the post.  

Yes. WTI is bouncing like a Sri Lanka check, but holding at around $100 per barrel.

On another note, although Gulfslope’s lease G35244 was set to expire on June 30th, the BOEM is reflecting it as still ‘active’. One possible reason has to do with the fact that government tends to be slow and inefficient at times.  Another is that the BOEM is currently in communication with Gulfslope on a possible lease extension.  

Both of these scenarios have occurred in regard to Gulfslope’s leases in the past. Most likely it is due to inefficiency, but I will not be surprised if Gulfslope holds this lease when all the dust settles after the Biden administration crashes.

Thought provoking opinion. See link:

https://michaelshellenberger.substack.com/p/yes-you-can-blame-biden-for-high






Mrs. Smith