Replies to post #35527 on Xun Energy, Inc. (fka XNRG)

[Carsmax177]

Not sure where you are getting shareholders were sued. If you are referring to the debt settlement, that is a way to extinguish debt of the company. The documents as to what debt will be paid off with the issuance of shares can be found here:

http://civilinquiry.jud.ct.gov/CaseDetail/PublicCaseDetail.aspx?DocketNo=DBDCV146015986S

This will result in debts being paid off, one of which will be the final 4 wells on the Venango county land can be drilled. Drilling will result in extra revenue for the company, as they will have more wells pumping oil to be sold.