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Re: NorOilGuy1 post# 7277

Thursday, 03/09/2023 6:32:40 PM

Thursday, March 09, 2023 6:32:40 PM

Post# of 7915
It’s a binary, if there are no bids from GulfSlope or Delek then it’s a zero, no change from the current available info

If there is a bid, the implication is - drilling program imminent

I expect that an 8-K would precede the lease auction to announce whatever contracts for partnership update and financials

Could be nothing ahead, I don’t know

Just a thought on what might happen if there is a chance of drilling before our next presidential election

There are a few other possibilities regarding producing properties and M&A

A rebound from tax selling is expected for financially sound tickers

For zero revenue micros, it’s encouraging at least

spec

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