MEC settles with Fugro and RPS

A LEGAL dispute involving MEC investee entity Advent Energy subsidiary Asset Energy, Fugro Survey and RPS Energy has been settled.

MEC settles with Fugro and RPS MEC settles with Fugro and RPS MEC settles with Fugro and RPS MEC settles with Fugro and RPS MEC settles with Fugro and RPS

The dispute arose over performance and fees connected to pre-drilling site survey works Fugro conducted at PEP 11, offshore Sydney Basin in 2010.

Asset has settled Fugro's $2.

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