GulfSlope Energy Inc (GSPE)

[smith199]

The BOEM has released a monthly report dated January 10th which shows the Tau lease G36121 active. This confirms the annual rental payment of $105,000 was paid by November 1st and the lease status is still considered ‘primary’ and has not been relinquished.

So my question for those predicting that the company will fold is, if this were actually the case, why would the company and it’s partner pay the $105,000 rental fee and continue to hold the Tau lease?

The answer is they would not. So since they did pay, it appears there is no evidence to support that the company (or partner) is considering ceasing efforts to drill.

Not wishing to be confrontational, I will just say those predictions appear to mostly be attempts to drive the share price lower for some undeclared reason.

This is my take on it.

Link to BOEM report ‘Lease Data’ (Gulfslope Lease G36121 on page 2694):

https://www.data.bsee.gov/Leasing/Files/1221.pdf



Mrs. Smith