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Re: None

Saturday, 02/03/2024 4:32:34 PM

Saturday, February 03, 2024 4:32:34 PM

Post# of 7915
Punxsutawney Phil didn’t see his shadow yesterday so Spring should be early this year

That said, it feels like GulfSlope is still dragging butt until someone cracks open the checkbook for some investment in GOM exploration (or currently operating properties)

There are a few possible funding entities like Quantum Capital Partners that invest directly into this type of project

Direct M&A is also a potential route besides Delek as a duet partner (they certainly have the capital to fund another drilling program)

The parts and pieces are all there, it just takes the willingness to accept the risk/reward spread that is presented

There’s no question that a shift in sentiment for GOM oil and gas is upon us

All that is needed is the leverage to pry the heavy boot of regulatory abuse off the neck of domestic energy production

When that happens, it’ll be like a champagne cork popping

I look forward to that and I am certain it is coming

Cheers

spec

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