Ann: Dispute affecting interests in permits EP127, page-9

re: Ann: Dispute affecting interests in permi... I have utter contempt for the board of this. But this isn't the end of the road. It is a necessary step to force a compromise. Of course the prudent thing to do would be to have filed proceedings before being hit with the default notice (mainly for legal technicalities which I won't bore you with). Anyway, maybe they have a better poker face than we've seen to date and come away with a reduced interest. Time is getting away fro us though (which could work for us if Statoil wishes to drill before the next wet which it does).