Mauricio Trevino Zambrano formed a company to bid for Nordic Petroleum ASA. If Zambrano is successful, he wishes to enter into negotiation with Mercom Oil Sands PLC to sell 100% interest in four Chard Oil Sands Leases. There is currently no arrangement or understanding between Mercom and Zambrano.

The Board of Mercom announced an encouraging sign of shareholder support and will follow any developments with interest.