Empire Energy Corporation Intl. (fka EEGC)

[EarnestDD]

Sorry ... Hunt is suing because they are owed approximately $1.5 Million.
And that sir, is in the Filings.
I am sure Malcolm has made them MANY promises about being paid, and they have finally lost all faith and patience in EEGC.
So they are Suing to Wind Up GSLM.
Tasmania wanting a resource developed has NOTHING to do with this lawsuit.

But thanks for the info.
jmo

HUNT VIOLATED A BACK TO WORK AGREEMENT THEY ALSO WERE PAID UP TO DATE WHEN THE RIG WAS ERECTED AT BELLEVUE AND REFUSED TO DRILL UNTIL AN ESCROW ACCOUNT WAS SET UP WITH MILLIONS IN IT TO ASSURE THEY WOULD BE PAID. WHILE THE RIG HAD FINISHED THE DRILLING NORTH OF BELLEVUE A FEE OF $25,000 WAS PAID TO HUNT TO KEEP THE RIG THERE TILL PREPARATIONS TO DRILL WERE COMPLETED. THEY PULLED THE RIG AND SENT IT TO THE MAINLAND AND REFUSED TO REFUND THE MONEY PROVIDED BY A PRIVATE INVESTOR. To my knowledge Hunt never fulfilled their part of the contract. This nonsense has been going on for almost a year and Hunt is trying to use this as leverage to get back to drilling in Tasmania. There is a $180,000,000 pot and they want a chunk of it. Its all a bunch of BS. Now additionally for your information I don't see a chance in hell of Hunt winning because Tasmania is in need of money and only EEGC/GSLM has the most potential of filling their need. Hunt will actually lose big time if they win some money because that will eliminate them from any future contracts to drill for GSLM.