Xun Energy, Inc. (fka XNRG)

[Carsmax177]

To your first question, your best bet is to ask on the Xun Energy forum, as the company set the forum up for investors to ask them questions.

However, if you look at the Debt Claim Purchase Agreement for Vencedor Energy, it was signed in August 2013. However, the well was paid off in 2014. So, this might be just the original contract when nothing was paid on the wells. Again, it would be best to ask something on the company forum to clear this up. Page 106 of the documents is the Debt Claim Purchase Agreement for Vencedor Energy:

http://civilinquiry.jud.ct.gov/DocumentInquiry/DocumentInquiry.aspx?DocumentNo=8154974

To your second question, the leases are still active, so why shouldn’t they try to drill the wells if possible before they expire? Those wells are an additional stream of revenue for the company and the lessors.