Empire Energy Corporation Intl. (fka EEGC)

[Howardhaftel]

I wouldn't second guess the outcome of the case, Hunt vs EEGC. They had contracts before and EEGC agreed to pay $10,000 a day fee for tying up the rig. There are many aspects of the contract that Hunt didn't fulfill and there is room for settling their differences. As I said before if EEGC paid the $1.5 million claimed hunt would lose much more then that and they know it. This is a leverage move.