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smith199

05/20/21 10:41 AM

#4928 RE: elcheepo #4923

Are we talking about the GSPE stock?

I have not recently been responding to little barbs on the Gulfslope board, but today I will make an exception.

I suspect Delek’s management is very sharp, and I would not expect them to allow emotion to prevent them getting to the monetary prize of the Tau. After all, we are talking about 4.5 billion USD on the Tau 2 twin well, and of that Delek’s cut is plus 3 billion USD. That is just one well, wonder how many wells they will drill in the Tau field?

If the drill bit hits oil it is “REJOICE CITY”, not pos.

Mr. Seitz has stated the Tau Prospect is analogous to the Mahogany field. The Mahogany field started out with one well and now has 26 successfully drilled wells. 17 of those have been carried to completion by owner/operator W & T Offshore Energy. The Mahogany field produces 7,076, BOE/d.

Want to talk pos? Then we need to talk about liberal politicians like those at (IEA) International Energy Agency (in Paris) who make proclamations about energy, but seemingly have no clue. They say renewables are the future not oil. From recent experience, Texas will be leery of renewables in the future. These politicians are just trying to manipulate the public for a political agenda.

That is pos.




Mrs. Smith