It could indeed be busy. Gulfslope has the insurance money for Tau #2, and the rig on standby, so that is most likely first up. I would guess a spud date on that in the first quarter. Then they will have to do something about their deal with the government to get production started at Corvette (accessing the oil that Anadarko found there years ago). If they don’t get that going in a timely fashion they risk the government taking back the VR375 lease. And then there will likely be some activity associated with the Texaskew deal. So potentially a lot going on. Just wish we would hear something definitive about a Corvette partner and drilling plan.
Based on past performance, just having drilling going on should do wonders for the SP. If Tau #2 is a discovery, I can only imagine. And that one looks like it will go for sure in the next few months. Just the few facts as we know them - but don’t buy anything based on what I post.
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