we have another ann., page-14

Hey blurrt,

All looking shweeet! Todays announcement was a big step forward i feel. Partner considering 85%, drill option secured etc. Not quite time to break out the Champers but i am enjoying my VB out of a champagne glass so halfway there.

Let CUE keep their right to do what they want with the 15%. They may have to do a deal with Swap n Go in the end to sell the gas as they seem to be doing their PR no favours. About 6 months back myself and HR were discussing the intricacies of Petro. broadsiding CUE and the Artemis deal. It was late at night on the HC boards over a few liquid refreshments that we came to the conclusion "beware the Trojan Horse". That was the deciding factor for me to sell out of CUE and put it all in on MEO. In the last week it has become evident that we may have been on the money. While the deal has been taking place there has been talk of MEO this and MOG that while CUE never really rated a mention. The Trojan Horse was sitting idle in the compound.

I dont really think CUE has as much clout in this whole deal as they would like to think and by taking this route arent really doing themselves any favours for future agreements with major parties in particular our current suitor.

It seems they still want their want their shrubbery and we may, as a last resort, need to cut down the largest tree in the forest with a herring just to humour them. After all they are "The Nights Who Say....NI".