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GulfSlope Energy – A Unique Exploration Opportunity in the Gulf of Mexico

GulfSlope Energy (OTCBB: GSPE) looks to have surprised all the majors active in the Gulf of Mexico when they bid on 23 blocks in the shelf in March of this year (21 blocks finally awarded). Well reputed and independent petroleum consultants DeGolyer & MacNaughton independently evaluated 17 prospects with a mean resource estimation of ~2.1 Billion boe.

In today’s interview with founder, CEO and GulfSlope’s largest shareholder Mr. John Seitz, we hear the history behind how this business idea got started and how the improved technology has changed the whole game plan for the shelf and sub-salt prospects.

Mr. Seitz gave us a timeline for not only when to expect the first farm-out deal to be released, he also painted a picture on their strategy with future partners. We were also given a straight answer on when an up-listing can take place as well as which U.S. exchanges GulfSlope are in discussions with.

Links mentioned in the podcast
* On Monday Sep 22nd GulfSlope presented at the IPAA OGIS Conference in San Francisco
* A newly updated Company Presentation (pdf) to be used at the IPAA OGIS Conference
* GulfSlope Energy’s Presentation at the EnerCom Oil and Gas Conference (Aug 20)

(Download mp3)