St. Martin project - settlement reached with opposing party
Shelf Energy has announced that a settlement has been reached, the investors who have paid the ongoing bills for operations and legal fees are entitled to their share of the compensation and all have been contacted.
We are waiting to receive the money from Shelf Energy, after which it will be paid according to the agreement we have made with each investor.
The case is hereby closed.
The investors who did not choose to participate or pay their expenses for the lawsuit will still have to pay their share of the accrued expenses to date and PA of the well, Shelf will send out information to everyone about this.
Any questions should be directed directly to Shelf Energy.
Thank you, EnerGyne Resources