Wednesday, March 29, 2023 4:24:32 PM
There will be bids in this GOM lease sale, several from the big oil majors. But I am not expecting Gulfslope to make a show at this time.
Indications are the primary focus is on securing “funding for the purchase of production” and “drilling Tau 2”. Sounds like a full load for a small staff.
Oil prices are lower and more stable, which is a much better environment for successfully purchasing producing properties.
And those building fires and stoking the flames do need to be wary of the smoke, the heat, the cinders, and recognize there is always the danger of being caught in an inferno if the wind changes in direction and intensity.
But “professional arsonists” will certainly know that. No one’s head is buried that deep in the sand. I only hope they remember there is also a line in that sand. And that they know where it is.
Because even “great firefighters” may not be able get control of a wildfire. Sometimes those just need to burn themselves out.
So Joe, You have already suffered the fall,
Your legacy is now known to all.
Just please hurry and go,
We know all we need to know.
Someone Somewhere Still Needs You,
There is Nothing More to Do.
It Is Just Someone Somewhere Else,
Even if I say it Myself….
Mrs Smith
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