GulfSlope Energy Inc (GSPE)

[smith199]

Even with strong upstream cash flow, high crude prices, increasing demand, and after almost 2 decades, we are finally witnessing permitting reform.

This should alleviate the long lead times before a new oil and gas project can even commence. Which means that investors will no longer need to wait years upon years before they begin to get a return on their investment. This will be a positive development while trying to secure investors for a big project, such as Gulfslope purchasing production or drilling a well in the GOM.

Interestingly, 30% of the Debt Ceiling Bill is dedicated to oil and gas ‘Permitting Reform’.

I predict Gulfslope Energy has a very favorable outlook in support of these recent developments.

https://docs.house.gov/billsthisweek/20230529/BILLS-118hrPIH-fiscalresponsibility.pdf




Mrs. Smith