Replies to post #1702 on GulfSlope Energy Inc (GSPE)

[Trip-Fontaine]

Haven’t heard any confirmation that Delek is signed up for Corvette.

Well, GSPE dont have the money to drill it alone, so I assume its the next phase in the GSPE/Delek venture.

However Corvette is interesting, I think it is the old Selectron prospect which also had a shallow play just like Canoe. I think they found something at Canoe perhaps wort producing, and now they are going to test the nearby Corvette with both shallow above salt zone and deeper sub salt at the same time. I think they are going for a fast production case with Corvette and Canoe combined.

Otherwise I think the economics at the Quark prospect looks nice, and it could be next in line.

[Enkidu1836]

Corvette cannot be drilled before leases expire and are relinquished. GSPE is running out of time and the 2014 leases will revert back to the government Summer 2019. The entire company now stands or falls on Tau being commercial.

[db7]

"Haven't heard any confirmation that Delek is signed up for Corvette."


>> is that what this is? obviously, no guarantees of execution but I found it interesting:

https://www.data.bsee.gov/PDFDocs/Scan/ACTIVE-INACTIVE/171/171172.pdf