Ann: March 2014 Quarterly Report , page-27

Its obviously tough to go against the flow. and ive raised my points in past posts. and also raised when ive sold down. i think its my 7th largest holding so does hit the pocket a little.

As for the acreage im no expert but it does not bother me releasing that acreage the main reason the oil is there is because of the salt dome. the high impact they talk about generally is when oil is trapped under an overhang of salt or against faults caused by the dome these are generally quite close to the dome, you can see the topography of the dome in red on the map.

Its speculative at the moment end of story. but gulf are still producing 50% funding and with Yeager at the helm who knows what could happen.