1Permanent Release. The Rejected Well, and any subsequent Well(s) drilled from the same Well pad as the Rejected Well, will be permanently released from the Dedicated Area.
IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.
WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and