Ann: Advent Energy - Preliminary Well Services Agreement, page-10

Indeed I did want MEC to focus on PEP11, especially as the Baleen drill comes into view, but to be honest I wasn't aware of the 30% limitation until recently, or at least I don't recall it. I also wasn't aware of MEC previously going over 30% as approved by the board until you raised it, or once again just don't recall. I have had a lot of trouble with my memory after losing my dear wife in September far too young at 41 following a long battle with a brain tumour, so I can't say for sure whether I knew these things or not - perhaps I did. It's hard to make sense of things when life no longer makes sense, you know...

I am also hopeful that David has a way to preserve the value of our shares in whatever PEP11 company we hold them. I just don't see how we can lose before the well spuds ... after that is another story.