Gulfslope Energy Inc (CE) (GSPE) 銘柄情報

WTI rising toward $80 again, looks determined to run a bit more

Everyone is dipping their toes in on the battlefields, the USA is not even trying to hide behind proxies

Months of being targeted by missiles and drones has finally brought a little sting to the response from our carrier groups

The wolf moon will bring out the howling tonight to signal a fresh new beginning

Locally, it'll be coyotes instead of wolves, and they're hungry

Me too

spec

No problem, I do have my long-standing opinion that the business plan, the prospects presented, and the team assembled for the first drilling campaign, were all of a caliber that gave the operation a very reasonable risk/reward balance

It wasn’t the greatest expression of that opinion, but my sentence (fragment) “Plans for the future that include GulfSlope” ….. was my answer to my question

A better way to say it might have been -

I really think they performed in a manner that they can be proud of

Even though it fell short on results, it was a well reasoned and skillful performance

Covid and politically weaponized policies effectively shut down everything that didn’t have a positive cash flow or a war chest of cash for the lean times

During that span of time, their choice was to minimize cash burn and hunker down other than the efforts toward M&A with suitable opportunities

The wars that escalate weekly, including sabotage and attacks on civilian merchant shipping have dramatically altered the markets for EVERYTHING

Change is normal, but the swiftness, breadth, and magnitude of these changes in our global civilization are truly breathtaking

—-

WTI drifting upward through the mid $70’s as unelected cabinet members shred and burn down our United States of America

Yeah, I still think they’re (GSPE) trying but daaaaymm things are seriously messed up right now

That said, the US economy is still fairly robust, mostly because our ability and willingness to create more $$$ M2 as well as the inherent advantages of being the dominant reserve currency (now being challenged more than ever)

I think we’re going to bounce

I think drilling is going to be doing well in our oil patches, especially in the Gulf of America (I’ll call it whatever I want), for a long time

If there’s a chance for GulfSlope to get a drilling campaign funded (or any related business endeavor)…. It’s really handy to have a registered and qualified company, a ticker all ready to go (after getting current with SEC filings, audits, etc), and a big chunk of expertise on tap

I wax philosophical, and I am very optimistic (it might not be evident in some of the gloomy points I mentioned)

Happy Hippie in the Hills

spec
😎🇺🇸

Spec my first response may seem brash it wasn't meant to be I sent it out in hast. If you have some thoughts about your questions, I'd like to hear them

Answer your own questions. You have some thoughts on this.

The NT-10K was filed just after my last post on 30 December

I just got the alert today though, cell hole at the cabin

The Q remains …..

Why maintain the corporation and ticker?

Only one reason that I can think of …..

Plans for the future that include GulfSlope

Starry night cheers

spec

😎

I thought you were going to say "Don't forget the tens of millions of dollars of value in selling to a profitable agency for the net operating loss carry forward."   That's my last resort of hope to get at least some value back on my shares. Ideally we do get a funded project but there is still "some" value in the net operating loss carry forward.  

Don’t forget the technical and operational expertise both current and past that GulfSlope has to offer

Their only reason to keep the entity alive is the opportunity to fast track back to a publicly traded (and listed) company

Which then offers a mechanism to access capital quickly and efficiently

It’s a “what if” scenario at this point

I also give some weight to the factor of insider compensation

As many are aware, the main insiders had ( and still have) more than a few coins thrown in and didn’t bleed the G&A at every opportunity

Chillin

spec
😎

I’m curious why they are still open for business at all. It doesn’t add up for me. John Seitz has been loaning this company money to keep it propped up for at least the last year. A company with no capital is looking to acquire established assets. Any thoughts on why the lights are still on at all?

Yeah, I think the only way it has value is if they carry forward with the data collected and (mostly”stale”) processed seismic

Of all the prospects, there were several substantial “estimates”

The modeled data was enough to secure the funds to drill the first round

So close I could taste it ….. ewww

That was before the toxic market of “war on fossil fuels” with the hidden financial blackballing

So the prospects still exist, enough data to show core potential, enough to reshoot and maybe drill

Is there enough value there? I don’t know

I think that the early founders, family, and friends probably still hold their first share

Nobody could have predicted the chaos that erupted after the Tau-1 halt

I foolishly thought that we were rolling into the biggest commodity super-cycles of our lifetime

Instead, we’re rolling into level 57 bat shit crazy global conflict on a dozen hotspots

I’m just a country boy and can’t count past 11 unless I take off my shoes

So, too many countries firing bad rockets

I’m tuned to the good ones, the advancement of civilization, to the moon, mars

Uncharted territory, in the fog, at night

Don’t know where this goes from here, at the “probably zero point zero zero” level

My doc tells me to chill on the geopolitical BS, and my nurse tells me to chill on the same stuff and eat a few of these gummies

You KNOW who I am gonna listen to!

Hammock, lemonade, campfire Cheers to a great 2025

spec

Is there any hope left here? Someone give me some positive news or twist. I can't find any.

Thanks Ebenezer3 I'm surprised that didn't make the board sooner. I guess I was assuming as well. I thought they would have held out to see which way the election went.

https://www.data.bsee.gov/Leasing/Files/1221.pdf
Pg. 2694
Well that's a punch in the gut. It was Relinquished early back in 9/10/2024.
It was good till October 31,2025.
Guess that's what I get for assuming. Would have been nice for ceo to let us know before he turned off the f- in lights, oh it's nothing more than a pile of worthless lottery tickets. Good luck to all in all ya'll's endeavors.

I thought they still held a lease on the other end of the Tau prospect until 11/04/25 if my memory is correct but it might be failing me like the rest of me

The information on the leases was discussed a while back and should be in the i-box (info or intro, not sure why it’s a i-box)

The short answer is that they currently do not hold a lease and their focus has been on partnerships or acquisitions that have producing assets

Sorry I can’t provide more info at the moment, spec is “in the woods, soaking up beautiful vibes”

Cheers to a great reawakening in 2025

spec

Can anyone on this board provide a refresher on GSPE's GOM lease expiration dates? I am sure this information is posted somewhere here, but if you know where in this thread, I would like to review it. Thanks for any input you may provide~!

Another 100k shares traded with no change in share price.  Kind of bizarre.  We always expect end of the year tax selling right about now... Not surprised "expert traders" would do this to offset their taxable gains. 

WTI is dancing under $70 despite any risk premium of having yet another war going fully lit 🔥

The Clintonian handlers managed to inflict the damage and revenge they promised long ago

Even more creative ways to conduct warfare and destruction, boomy pagers, boomy subsea pipelines, drone swarms, hypersonic….. blah blah …

Disrupt and sanction trade, fund proxy wars, preemptively strike military targets …..

But we still buy your vegetables and sell you California cheese

We’re running out of little increments just short of WW3 and nukes

Submarines/subsea drone weapons and satellite weapons are the only unplayed cards that I can think of

We’re running out of more countries to get into full hot mode. …

I’m telling ya it’s so bad that the drug cartels are complaining about the price of small arms and ammo

Sheesh!!

Answer is easy

Peace and love,

lots of both

I gotta admit, it’s a bit disappointing that there hasn’t been any communication to shareholders before tax loss season

Sub $70 crude puts a little squeeze in their market space

But I said long ago that I was in the green enough to let my remaining shares go to hero/zero

I don’t even get cell signal at the new cabin but I will check in occasionally

Cheers

spec

Uh oh we lost a few more decimal points on 9M shares traded today... would love to get some news activity and get this off expert trading level

Agree, it's a good thing that there's no volume on this message board, again where has common sense gone. Australia and SA is loaded with resources right under their feet. But apparently all you need to stop any O&G project is three people a sign and an uneducated judge. Just think Noah's ark would have never had a chance if these politicians and eco-terrorist were around, lol. Still holding out hope for a GulfSlope miracle, I really would like a chance to test those prospects. Have a Great day.

OK, I finally had a chance to watch the video you posted. And I just want to express my gratitude for making the effort to share it with the readers here. Everyone must watch this! So, Thank You very much!

Some of the content consists of topics we have discussed on the board before. But this adds a level of credibility that a poster on a message board lacks. I am happy to have this confirmation of our opinions as justification that we are on the right track.

Some of the statements from the video that I found applicable to the proponents of renewable energy in the USA was that most “never really consider how the world works, how things are made, and how deeply imbedded in our lives fossil fuels are”. And that “we are not using data (to guide our decision-making process), but relying on aspirations and goals”. How true it is.

This is what is behind our affordability crisis of too high costs for our energy. I especially agree that the purpose of an electrical system is to deliver affordable and reliable power. But the green grids we are building are expensive and unreliable. The window to avoid a calamity is rapidly closing. Anything we can do to inform others will be of benefit.

I was very surprised to hear that a country with as much NG reserves as Australia would need to build terminals to import NG from other countries to supply fuel to generate their energy and manufacture their products. One of the persons being interviewed made the point that Australians do not mind using NG as long as it is not produced in Australia. Shocking. And not very bright….

This is why I support DJT and his pick for Secretary of the Interior and the creation of the National Energy Council. I see it as vital to pull all the entities together so that permitting, production, generation, regulation, transportation, infrastructure, and all the other essential energy functions can get pushed through quicker so things can happen to make certain we have the energy we need in the USA at a price we can afford.

All in all, this was very much worthy of the time needed, and once again ‘Thank You’ for this effort.




Mrs. Smith aka Drill Babe

As we head into the new year, some notable developments occurred in 2024 that indicate global governments are finally waking up to the climate hustle. Readers here are encouraged to be watchful for similar indicators in 2025.

I refer to the International Scientific Conference of the Climate Intelligence Group (Clintel) held in Prague, Czech Republic during Nov 12-13.

Here it was revealed that “wind and solar are costly, intermittent, and more environmentally destructive than any other energy source”. Further, their conclusion was “Governments should cease to prioritize or subsidize them and should expand use of coal, gas, and nuclear”. I was certainly not expecting this development.

Additionally, the COP29 climate summit failed to approve the amount of funding requested, which reportedly left the attendees of the conference in chaos with climate groups claiming a “betrayal”….

So, at this level, where the renewable rhetoric rubber hits the rough reality road, the ‘Climate‘ plot thickens about who will actually pay, and for what, and when, and how much. You really gotta love it when they do not want to actually put the money where the mouth is. The level of commitment to the climate cause appears to be waning. And certainly this quite recent large GSPE share trade was in no way influenced by any of these global developments. Just “experts” playing around with each other. Right?

Are countries across the globe finally waking up to the fact that fossil fuels will indeed remain the name of the energy game for now and into the future?

It certainly seems much of the luster of alternative energy is beginning to appear quite dull since many of these projects are revealing the overt shortcomings and excessive costs of renewables.

Other questions also remain. Could it be that the expensive and unreliable renewable energy, produced with components creating wealth and jobs in other countries, will turn out to not be such a serious energy source in the USA for now, and will not be for at least another generation (if ever)?

Should we agree with the Billy Bob monologue that said if XOM thought these windmills were the answer, XOM would be putting them everywhere (with their logo prominently displayed)?

Is the only thing ‘green’ about renewable energy found in the pockets of the major investors?

I also predict that it will become even more apparent how totally uncompetitive renewable energy is in the consumer marketplace without substantial amounts of government tax incentives. This will likely result in the development of renewables confronting ever increasing levels of resistance. And many of these subsidies will ultimately be repurposed towards other, more critical needs in the next administration.

Since there are very distinct differences between the outgoing administration and the new one incoming, it is prudent to point out how highly improbable it is that there exists a realistic USA Energy Dominance scenario that excludes increasing GOM production.

I cannot emphasize the consequential significance of this statement strongly enough, so I ask readers to reflect on the new political focus in US energy, as I see it from the perspective of a GSPE shareholder.

The GOM lease auctions are pivotal in determining the future fate of Gulfslope Energy and our investments in the GSPE shares. As a result of a greater number of GOM auctions, comes compelling increases in the amount of seismic activity, and also the number of GOM drilling campaigns. Both events likely resulting in greater demand for the services offered by Gulfslope Energy, and perhaps providing a path to even more partnership opportunities….

And this is the essence of the significance of the GOM lease auctions. For the record, over 5 years, Joe wants only 3 lease auctions. DJT requested 15. And this was one of the main efforts Joe planned to use to stifle production in the GOM. It was obvious to most that the USA was never going to be able to maintain its competitive edge in world markets if following the leadership of the Joe administration.

The points being made here are only intended to assure that all readers are aware of the legitimate tactics that are being developed to overcome the obstacles the company faces. And we should keep an eye on them. This is the main message of this post.

The next thing we need on the agenda is for the company to file financials and get back in the SEC’s good graces. This appears to be the most imminent of the threats facing GSPE shareholders.

And although the GSPE shares do truly face serious challenges, my motto remains "DRILL, BABY, DRILL" because there does exist a critical and fundamental change in the USA energy dynamic.

One that reopens a familiar path for Gulfslope Energy, as I seem to recall that during the first DJT administration, the company was drilling in the GOM…. Is not the second time supposed to be the charm, lol?

Finally, as I remain optimistic over these recent changes in perception as pertains to energy and the creating of wealth in the USA, I am also seriously considering revising my message board alias to include Drill Babe!

Nov. 5 made a difference to the future potential for the GSPE shares possible. Thanks for your participation in that process.

MERRY CHRISTMAS and HAPPY NEW YEAR.






Mrs. Smith, aka Drill Babe

The Real Cost of Net Zero: The shocking truth of the renewable energy push.

This video is a little over one hour, but well worth your time. It's mostly about Australia, along with the US. You can find it on YouTube under the title above. Our leaders and politicians and Bigthinkers leading us down in the wrong direction.

We also gained a decimal point on 13 million share volume going up 900%

And, it’s gone

Someone scalped 17K of those shares today and without my glasses, I am not sure if the profit was greater than a penny

All chill in the mountains and recovery (from bad policies and other factors) in progress

Cheers

spec

No need to apologize, seems theirs an echo, lol. When people rely on someone else to do their thinking for them that's how we end up where we are, so what ever happened to common sense? and why have we become so scared to stand up for the obvious? This last election wasn't so much about Trump or Biden/Harris, it was about all the nonsense that is being forced down our throat, I would list them but there's not enough room. Thanks for the video, Happy Thanksgiving and Merry Christmas All.

We also gained a decimal point on 13 million share volume going up 900%.  Looks like an "expert trader" bought $100 worth 

Sorry for language but Billy Bob nails this monologue 

https://x.com/intangiblecoins/status/1860894297018544564?s=46&t=IZWZkb62DcNhQsrgWclrvA

More details on the domestic energy dominance plan have been hitting the news

I haven’t digested the new info yet and likely will not get into much this week anyway, Thanksgiving and family on the mind

Big plans and high expectations for 2025



Cheers

spec

Another Friday to wrap up a week with resilience and stability in the face of multiple escalations

In fact, the top headlines in the USA hardly acknowledge the seriousness of the recent attacks

Cabinet selection gets more clicks

Looking forward to seeing how the energy sector responds to the new environment

Cheers

spec

Anticipation. “We can never really know about the days to come. But we think about them anyway.”

In case you missed it in the recent remarks from our President-elect, the new goal is to create a path to “US Energy Dominance” achieved by “enhancing private sector investments across all sectors of the economy”. And I also remember from a class that a past president (JFK) said, “a rising tide floats all boats”.…. It is becoming clear that the next energy trend is indeed turning in our favor. To be ‘dominant’ in energy is to be committed to fossil fuels as the already proven, affordable, economical, and profitable number 1 energy source.

The ‘big money’ integrated oil companies will focus many millions on deepwater drilling projects while pursuing the vision of an energy independent USA. However, most investors will have more modest budgets and must concentrate on the shallower regions in the GOM. Of course, shallow water is the core space of the GulfSlope Energy expertise.

These recent comments from the President-elect are the most positive news for Gulfslope Energy investors in the last 4 years. In a master stroke it appears that he is bringing all the ‘Big Dogs’ to the DC table, and it is obvious he really plans to make America greater this time around.

Recall that Joe’s ‘current’ BOEM 5 year program (2025-2029) has only 3 GOM lease auctions scheduled. And the President-elect, at the end of his 1st term, called for 3 auctions a year over 5 years. So, 3 GOM auctions vs 15 GOM auctions….

Requests are already being made to the next administration and the 119th Congress for a “new Bureau of Ocean Energy Management (BOEM) five-year offshore leasing program” and much more. This is the new and welcome GOM focus.

So, evidently it is true, you do never really know about the days to come…. But nonetheless, I perceive these most recent developments as positive signs for the future.

The half-time show has ended and we are about to kick off the second half of this GOM energy age. All of us here already have good seats and plenty of popcorn. Waiting for the whistle to blow to begin the third period….

Link to API’s 5 Point Policy Roadmap, released 11/12/2024:

https://www.api.org/-/media/files/misc/2024/11/api-five-point-policy-roadmap_






Mrs. Smith

There’s a pretty bold transition in the works and those who are in a state of panic generate an aura of guilt

An earlier post of mine appears to have never escaped the hemlock ravine I was in, super peaceful though

No shortage of drama ahead for oil markets, a couple wars in terminal phase, hints of regime change in Iran and Lebanon, and an abrupt change of course for the most powerful nation on earth

Rural PA vibe was a sigh of relief, a smile, and back to work

Cheers

Full moon buggy rides

spec

Interesting development. Breaking news about Secretary of the Interior and the newly formed ‘National Energy Council’. I support this Energy Perspective. Looking forward to the future. This is the Leadership in Energy that the country has been needing. And the productivity increases will whip inflation’s bottom and leave welts.

Statement on Energy by President Elect, 11/15/2024:

“I am thrilled to announce that Doug Burgum, the Governor of North Dakota, will be joining my Administration as both Secretary of the Interior and, as Chairman of the newly formed, and very important, National Energy Council, which will consist of all Departments and Agencies involved in the permitting. production, generation, distribution, regulation, transportation, of ALL forms of American Energy. This Council will oversee the path to U.S. ENERGY DOMINANCE by cutting red tape, enhancing private sector investments across all sectors of the Economy, and by focusing on INNOVATION over longstanding, but totally unnecessary, regulation. With U.S. Energy Dominance, we wil drive down Inflation, win the A.l. arms race with China (and others), and expand American Diplomatic Power to end Wars all across the World.

The …. War on American Energy has hurt our Alies by forcing them to buy from our adversaries, who in turn use those profits to fund Wars and Terror. ENERGY DOMINANCE will allow us to sell Energy to our friends, including all European Nations, which will make the World a safer place. As Chairman of the National Energy Council, Doug will have a seat on the National Security Council. As Secretary of the Interior, Doug will be a key leader in ushering in a new "Golden Age of American Prosperity" and World Peace. The Biden-Harris Administration has driven our National Debt to a record $36 TRILLION DOLLARS. Yet America is blessed with vast amounts of "Liquid Gold" and other valuable Minerals and Resources, right beneath our feet. We will "DRILL BABY DRILL," expand ALL forms of Energy production to grow our Economy, and create good-paying jobs. By smartly utilizing our amazing National Assets, we will preserve and protect our most beautiful places, AND reduce our deficits and our debt!

We will also undo the damage done by the Democrats to our Nation’s Electrical Grid, by dramatically increasing baseload power. This will reduce the cost of Electrical bills that continue to skyrocket for Citizens and Small Businesses under Biden-Harris, and ensure that America has the power to serve all of our needs without the devastation of blackouts and brownouts, and to WIN the battle for A.l. superiority, which is key to National Security and our Nation's Prosperity. Doug Burgum will protect our Nation's Natural Resources, restore our fabulous Oil and Gas advantage, and Make America and its Energy, Dominant and Great Again!”






Mrs. Smith

Throwback Thursday has crude prices on the support at @$70s again despite a divergence between data points and the sentiment of the current headline articles

The new administration cabinet is taking shape with some surprises but the promises related to unshackled domestic energy production have not been tamed in the slightest

All three branches are controlled by the Republicans and still more house seats still being tallied, possibly extending the majority

If there’s determination to get the GulfSlope team back in action, the environment should be favorable

Acquisition of operating leases/properties having additional target resources aligned with the focus laid out by GSPE would be a fast track back into the oil patch

I’m hoping that’s the next information that we will get from mgmt

I’m on a mission to thank some PA Amish friends and to enjoy some slippery pot pie they’re making just for my visit

I expect there will be some venison and other game meats consumed during my stay and canned venison tastes far better than it sounds

I expect their “unplugged” lifestyle will be a welcome break for a bit

The mid day dinners are awesome as well as wholesome real food

Unity and prosperity for all of us!

Cheers

spec

Good info, as usual

I save the best ones in my “favorite books” folder

But seriously, the Red, White, and Blue team is alive with new participants coming onboard every day

The new cabinet is taking shape and all indications are exciting

While lower crude prices soften the margins, the upshot is a broadening of opportunities as financing hurdles melt away

Blocking new LNG export projects was one of the most anti-American, anti-free market moves that I have ever seen, a boneheaded move and clearly a malevolent act

And yes, you nailed it with the “New Golden Age”

Not just the USA, every free nation will be in a better position to prosper

Hopefully, a certy small independent oil exploration company will be lifted on the rising tide and be able to recapitalize in order to take another swing at creating profits through the drill bit

I’m excited about the future and I am living as healthy as possible so that maybe I will be able to travel to a Mars colony

One step at a time

Today’s step is one step closer

Cheers

spec

As a country this Red and Blue did not work out so good. We need to get back to being the Red, White, and Blue and rid ourselves of the divisiveness for the benefit of all. I am keeping an open mind, an open heart, and a focus on oil and gas exploration in the GOM. We will see how it goes.

I look forward to the new administration discarding the hundreds of rules, regulations and executive orders that the current administration inflicted on the oil and gas industry.

By next year, I hope to see the DOI encourage oil and gas production on federal lands, the SEC to break away from its ESG reporting (climate) chokehold, the EPA reduce their environmental injustice, the DOE to authorize even more LNG exports, the IRS to rescind the billions of dollars in tax increases on oil and gas production, the Senate to request the restart and completion the Keystone XL pipeline, and the House to call for the Senate to pass a bill similar to the H.R. 1 (Lower Energy Cost Act) of the 118th Congress.

We must wait until the outcome of next week’s Senate Majority Leader vote to see if the new administration will have the support of the Senate leadership. Further, in Arizona, I hope K. Lake beats R. Gallego by 1 vote, lol.

I am reminded that there was once a time not so long ago, when much critical infrastructure existed to facilitate the importing of LNG into the USA to support our country’s anticipated future energy needs.

But not anymore. No, hardly any now. It was mostly converted over to allow LNG to be EXPORTED to overseas markets from the USA, since we have emerged as the world’s top exporter of LNG.



The boom in building LNG terminals in the USA continues to support low NG prices here, yet is still beneficial to our Allies. Currently there are construction projects costing billions and billions of dollars under development but the current administration has been stalling their progress.

And recall that almost 10% of all U.S. exports are chemicals (agricultural, specialty, and consumer products) and the cost of NG when creating these products in the USA is $2.50, as compared to Europe and Asia at $14. So one thing is assured, our domestic products will always be competitive in overseas markets.

By the way, the EU announced today that it could consider replacing Russian LNG imports with those from the USA. The President of the European Commission, Ursula von der Leyen, told reporters on Friday “We still get a lot of LNG from Russia and why not replace it by American LNG, which is cheaper for us and brings down our energy prices".

Link: https://www.reuters.com/business/energy/eu-may-consider-replacing-russian-lng-imports-with-those-us-von-der-leyen-says-2024-11-08/

Also recall that forecasts call for the use of electricity to double over the next 5-6 years. This will be a HUGE development that will only occur if and when NG is designated as the preferred fuel for generating electricity.

Forget wind and solar. They will not be major players at this level, because they cannot be relied on to keep the power on. And the power must stay on 24/7/365 for the USA to compete and thrive.

The history of World War II proved that the USA was only able to fight two simultaneous battle fronts and WIN in Europe and the Pacific because we had the industrial capacity to do so.

This is why it is worth mentioning the importance for the USA to not lose jobs, but to instead increase both the manufacturing and oil exploration jobs here at home.

Increasing our manufacturing capability across the USA is the key to our country’s future economic success, and fortunately our new administration realizes this, and is very focused on getting this accomplished. Besides wealth, this also creates jobs. Very exciting vision for the USA workforce.

This is in spite of the past several reporting cycles where we have seen the Department of Labor revise the Bureau of Labor Statistics report downward. This is not the direction the country needs to be going, so this transition will not occur a moment too soon.

So even though it is early days, expect to experience the promise of that “Golden Age”. To me, this was a welcome hint regarding the focus and priority of the new incoming administration. I find it disappointing that some politicians actually plan to stall or block any progress. Shameful.

Stalling and Blocking only hurts the nation. So the question seems to be, is it to be patriotic profits or power-hungry politicians? Evidently, we cannot have both. We must not follow the ideologues. Follow the smart money instead….

And I have always liked the sound of “Drill Baby, Drill”.

Focused on the future,




Mrs. Smith

Am I naive to think that one of the next initiatives the new regime will announce is efforts towards energy independence which should include offshore GOM drilling?  

I hear the rolling thunder



spec

From the wayback corner of the GSPE board posts

"As someone who worked professionally on Gulf of Mexico exploration for over 25 years, I wouldn’t sell for anything. Even a partial success at Tau will set the oil industry on its ear. And the resulting buzz could be really a fine thing. Be patient everybody, and you’ll be glad you found this little stock. IMHO."

That was from post #1307 .... 6 years ago

Am I patient? ....

Or insane?.....

....

...

probably both, LOL

Go time!

spec

A decisive victory

Celebratory phrase “We’re going to Disney World” is replaced by ”We’re going to Mars”

Drill baby drill

spec

PS - buy MACE for protection during the meltdown riots

The product, not the stock

what's going to happen

The eve of change

Can we have a shift in policy, a huge sigh of relief, and begin to focus on life, liberty and the pursuit of happiness?

Emphasis on domestic energy is high and awareness of it’s influence on the economy is growing

There may be a path forward for GulfSlope

I hope so, I would love to hear something positive from management in the days/weeks following the election

even just proof of life

Either way, I am feeling strong about the future

“If I could change the world” - Clapton

Cheers

spec

We can’t just wait, we have a role to play, defund the swamp

BTW that paragraph of “When you think about it …” was intended to be a meaningless jumble, or word salad

Sarcasm sometimes doesn’t convey through text

Cheers

spec

Countdown to the showdown

Everything seems to be leaning toward a significant change in energy policies

And when you think about it, the significance to Americans of all economic status will, with time, become apparent as we move toward a new era of opportunity and harmony that will become a beacon of freedom for the whole world

I was thinking about having a salad for dinner and that just rolled out of my keyboard like an arthritic cat walking on the keys

Cheers, it’s a weekend of fun on the schedule

and squeezing some lemonade next week for the losing side

👍🐬

spec

Good morning to all. This article was published in a local rag yesterday. I thought it was interesting enough to post. Have a great day and week.

Tiger

https://www.1012industryreport.com/oil-gas/louisiana-service-companies-and-oil-majors-renew-their-focus-on-offshore-oil-despite-federal-challenges/

My weekend take is more of a question

How much more death and destruction can the global balance sheet handle?

Lives, homes, buildings, bridges, and yes, even munitions, destroyed

Aside from the “life” part, an immeasurable value, the remaining items have a very real, tangible value

The infrastructure will need to be rebuilt, shelves restocked, and millions of man hours will be expended to restore equilibrium

Global financial markets are already stressed, what happens to the mortgage holders in a city that is now a smoking pile of rubble?

Tucker was on fire at Madison Square Garden as the momentum shifts to the right

Yes, I’m on a mission to eliminate tan lines

Didn’t say they were mine

Cheers

spec

I admit I look forward to your perspective on events.

Our early voting recently began and I also have already voted. Local news reports indicate that early voting participation is up from historical numbers. This was exactly what I observed and what was commented on by two poll volunteers. So there is much interest here. Hopefully, Gulfslope will be positively affected by the outcome.

Although I am concerned that in this day and age of computers, AI, technology, etc. we are being told that it may take TWO WEEKS to get all the votes counted.

Please correct me if I am wrong, but in times past, before technology, with paper ballots, results were available the morning after the polls closed…. Is this not correct? Has technology made it impossible to meet the prior standards of counting votes? I am not familiar with this unconventional approach. Is this the new normal?

If it were up to me, I would not count ANY votes not tallied after 24 hours of the polls closing. Voters that want their votes counted will make it happen.

Where there is a will…. There is still a way.

Changing the subject, being fair skinned and blonde, I do have some experience with tan lines (for the record I also have thin skin, lol). And in my opinion, going from a farmer’s tan to a captain’s tan is not especially difficult.

The secret is to not be impatient because overexposure will cause it all to peel off and you will have to start over. You can use that as an excuse to fish a little bit every day.

Or, if you are a risk taker, you might just walk around without your shirt on and let it happen as it happens.

Regards,



Mrs. Smith

Another week of global tensions and a dozen nations in open conflict so it’s understandable that markets are jittery

GulfSlope (and oil exploration in general) factors in at a prominent level in the policies of the next administration

The leading candidate priorities are clear and GSPE (or the remnant shell) falls into the number 2 category, section B, energy independence

so I’ll call it 2B

The question on everyone’s mind …..

…….

……

“2B or not 2B” ?

Then a follow up question …..

Are you voting for America’s energy independence ?

“I think, therefore I am”

I’ve cast my ballot so the remainder of my week is geared toward a couple of lower priorities like casting lures and eliminating tan lines

Cheers

spec

Happy October GSPE 🎶









wrappin up a magical and wild time with the crew this week 🌺🦋





a hui hou

WG

😊

But ….. supply/demand data doesn’t shift like that, only sentiment can

The October 2024 EIA Short-term Energy Outlook (STEO) forecast ‘world’ petroleum and other liquid fuels “production” and “consumption” to increase in 2025 by 2% and 1.25%, respectively.

The EIA ‘Outlook for Winter 24-25’ (U.S. residential) reflects “increases” in the “Average Consumption” of NGas by 5%, Propane by 6%, Heating Oil by 4%, and Electricity by 2%.

The OPEC ‘Winter Oil Outlook 24-25’ states “OECD Americas, OECD Europe and OECD Asia Pacific are projected to experience demand growth for fuel oil and diesel in 4Q24. Accordingly, the OECD's total heating fuel demand in 4Q24 is forecast to increase by 80 tb/d, y-o-y…. OECD Americas is expected to see the largest y-o-y demand increase of 65 tb/d, followed by OECD Europe with approximately 10 tb/d …. In 1Q25, heating fuel demand in the OECD region is projected to grow by 117 tb/d, y-o-y, primarily driven by increases in the Americas and Europe ….”

Links to EIA October Short-term Energy and Winter Fuels Outlooks, including graphs:

https://www.eia.gov/outlooks/steo/pdf/steo_full.pdf

https://www.eia.gov/outlooks/steo/tables/pdf/3atab.pdf

https://www.eia.gov/outlooks/steo/tables/pdf/2tab.pdf

https://www.eia.gov/outlooks/steo/report/perspectives/2024/10-winterfuels/article.php

Links to OPEC October Monthly Oil Market Report and Video:

https://momr.opec.org/pdf-download/res/pdf_delivery_momr.php?secToken2=accept

https://players.brightcove.net/34306109001/default_default/index.html?videoId=6363244401112

Regards,




Mrs. Smith

It certainly boggles the mind to try and grasp the magnitude of wasteful spending and bloated tentacles of federal overreach

It’s at a point where Elon will need to be selective in the dissolution of government agencies and slashing budgets of programs that are no longer operating in the best interest of our citizens

Shrinking government spending, after the initial obvious cuts, will need to be managed to avoid collateral damage to our GDP

Hopefully, renewed encouragement (less hostility) toward domestic energy supply, which is #1 (alongside migration) on the R agenda, will be sufficient boost to allow an agressive pace in slashing wasteful spending

That’s the market environment that will be needed for GSPE to get relit

I’m still an optimist

But it sure feels like there’ are a couple more shoes to drop before the inauguration

WTI slides to $70’s again

But ….. supply/demand data doesn’t shift like that, only sentiment can

Big Super Moon Comet cheers

spec

I appreciate the opportunity our discussions provide for the exchange of ideas and clear thinking.

For example, I do not have a problem with my tax dollars being used to reimburse taxpayers for the purchase of generators to help facilitate the safety and security of families without electrical power during a disaster. Especially families with small children or a family member dependent on an electrical medical device in times of an emergency.

DJT stated “….we are going to allow you, retroactive to September 1st, 2024, to purchase a Generator for your Home, which will, in so doing, entitle you to fully deduct the TOTAL cost of said Generator for Income Tax Purposes. This Tax Deduction is available until August 31st, 2025.”

So, would that not include all expenses related to interactions with local inspectors, HOAs, and plan designers, as well as the purchase and installation? Is this the difference between a businessman and a politician?

Perhaps he intends to offset the tax breaks on Generators, Overtime, Tips, and Social Security with a more efficient Government (Elon’s project). This is just me reading between the lines….

Considering all the money wasted by this government, I feel better about supporting an initiative that offers relief to taxpayers suffering from a crisis. I am in favor of providing citizens the opportunity to be more self-sufficient and not be totally dependent on government agencies in an emergency.



Regards,




Mrs. Smith