Replies to post #3278 on GulfSlope Energy Inc (GSPE)

[smith199]

I have been concerned about this for a month now. Iran possibly shutting down the Strait of Hormuz or bombing the Saudi Oil facilities. That is a fast way to get the price of oil up. It would be the end of them though, but what do they have to lose they are going Bankrupt, right?

Remember, Iran is Allied with Russia, hmmm...

Smith

[smith199]

Louisiana Light UP to $58.91/bbl As of April 21,2020. Sources: OilPrice.com and EIA.gov

Remember the ‘IMO’ International Maritime Organization’s Low Sulfur fuel requirements that began in 1/2020, and all those Thousands upon Thousands of additional Oil Tankers storing excess crude oil production.

All of Gulfslope Energy’s Offshore GOM Prospects will be ‘LLS’ Louisiana Light Sweet Crude, and their Breakeven is <Less than $20/bbl.

All major Crude Oil Pricing is UP again today. Another step in the right direction.

Quote From US President Trump this morning:

”I have instructed the United States Navy to shoot down and destroy any and all Iranian Gunboats if they harass our ships at sea.”

Smith