SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Abuelo Trust

(Last) (First) (Middle)
LAURISTON HOUSE
LOWER COLLYMORE ROCK DRIVE

(Street)
BRIDGETOWN C8 BB11000

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WESCORP ENERGY INC [ WSCE.OB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/02/2010
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock, $0.0001 Par Value $0 02/02/2010 J 1,021,900 (1) (2) Common Stock, $0.0001 Par Value 1,021,900 $0 11,240,902 D
Explanation of Responses:
1. Consists of shares of Common Stock to be issued by Wescorp Energy Inc. pursuant to Section 3.2(g) of that certain Share Purchase Agreement, dated January 14, 2004, by and between Wescorp Energy Inc. and Abuelo Trust (the "Share Purchase Agreement"). Pursuant to Sections 3.2(e)(iii) and 3.2(g) of the Share Purchase Agreement certain shares of Common Stock were to be issued on or before April 7, 2007 and each subsequent month Abuelo Trust is entitled to an additional 10% of the shares required to be issued to, but yet unissued to Abuelo Trust. As of the date of this filing no shares required to be issued pursuant to Sections 3.2(e)(iii) and 3.2(g) of the Share Purchase Agreement have been issued to Abuelo Trust.
2. The right of Abuelo Trust to receive shares of Common Stock pursuant to the Share Purchase Agreement does not expire.
Abuelo Trust; By: J&T Bank and Trust, Inc., as Trustee; By: Deborah Simmons and Jacqueline Inniss, Duly Authorized Signatories Abuelo Trust 02/04/2010
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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