My message to MPO, page-5

I Bought recently @ 0.17 based on the ~35% disc to cash and the ~20 cent average corporate radar BEL.AX paid.

I roughly figured that monetisation of MPO's Texas assets (or the ~300 boe/d productions cash-flow) should cancel out the likely settlement of the lawsuit. Though, the extent of the claim disclosed in the most recent announcement surprised me to the upside. Also, your comments make it sound as though a "freezing order" over the $36m 'spearfish claim'.

Assuming that is the case, obviously this needs to be closed out before we see significant upside. Based on managements reply did you get any indication of when a final verdict will be made or when a settlement will likely be reached (or their strategy in this regard)?

Thanks,

8'S!