Replies to post #2717 on GulfSlope Energy Inc (GSPE)

[smith199]

Drilling and Hitting Oil is Gulfslope’s Goal! They have reiterated this in their 2019 Presentation, and Current Press Releases to the investors.

The Corvette Prospect has 209,000,000 BOE with a NPV10 of $3,300,000,000
Gulfslope’s current reported working interest is 90%

The Anadarko Development/Exploitation Prospects have 29,000,000 BOE with a NPV10 of $510,000,000
Gulfslope’s current reported working interest is 100%

The Tau Prospect has 418,000,000 BOE with a NPV10 of $4,500,000,000
Gulfslope’s reported working interest is 25%

I guess you could say, the best is still yet to come on Partnership news and Spud dates.

Should any of these Prospects come to fruition (Production or Reserves), the value of Gulfslope as a company would “considerably” increase. This would also be reflected in a “substantial” increase in their share price.

I do not believe Gulfslope would have a problem finding “Interested Parties” for any of their possible future Production or Reserves. Especially considering the demand overseas, and still domestically for quality (Louisiana Light Sweet) crude.

Mrs. Smith

*Please be cautious of folklore and rumors on investment message boards. Do your due diligence, and never base your investment decisions off any message board posts.