From the announcement on 04-02-16... As previously advised,...

From the announcement on 04-02-16...

As previously advised, Armour Energy considers that all of the conditions precedent relating to
the Northern Territory tenements the subject of a farm‐out agreement with AEGP, which is
affiliated with American Energy Partners, (Farm‐out Agreement) have been satisfied. On 29
January 2016, Armour issued a Notice to Complete to AEGP requiring completion by AEGP to take
place on 2 February 2016.
AEGP failed to complete on 2 February 2016. Consequently, Armour is seeking specific
performance of the Farm‐out Agreement, given the way Armour alleges it should have been​

performed.

​

The Court has now ordered them to do that.