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Amaunet

09/30/02 11:36 PM

#1787 RE: stlogic #1786

STL, The last communication I had with Aspen was an e-mail from Mercer answering my question regarding the BOEPD from the Malmaison de Portefeuil acquisition. I never asked anything regarding Cudney. I have sent three or four emails to others during the past year on different concerns, including the one to Cudney, and never received any answers. They have no problem recognizing my voice on the phone which is why I appreciate you guys calling. I can’t get through.

Aspen took over Endeavour who once inside effects an insider takeover of Aspen? You think the worm has turned? Does look like a power play. I gather from what information I can find the Canadians and the Americans hold approximately the same percentage of insider shares. The possibility certainly exists. Remember Northfield may have been influential in replacing Cimatec’s CEO with their new CEO, Roblin. This could work to our advantage or we are so way hosed.

One thing if Cudney is in control I expect to see some acquisitions. If you look at his companies, once he gets more involved things start moving. On the other hand he could bail. However, in addition to Northfield’s approximate 6%, Cudney is the direct owner of 1,146,438 Aspen shares, so it would seem he likes us.

If he gives us the means or the money to drill our thousand proactive wells, this Company should take off.

Perhaps, as I e-mailed Cudney, some changes should be made.

Be careful of Kent. His Cubacan (CCX) is now up to 78,376,797 shares.


One thing is certain the way things are now is not acceptable to somebody with power. This is what we are seeing. IMO AM

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