Has there been any announcment from Delek with regard to re-drilling Tau with the insurance money? Clearly Gulfslope has decided to use the compensation money to pay bills, which may be important for their survival. But if Delek decides to redrill, Gulfslope would still have to participate or lose their interest in the prospect. Where Gulfslope would get the money is a big question, since they have been flogging Tau with everyone they can find and haven’t come up with any partners. If Delek decides to redrill Tau, Gulfslope still has hope, if they can raise some cash. But if Delek decides not to redrill it’s game over. Hope Delek are still deciding what to do, and haven’t bailed on the GoM.
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