Common use of Premium to Participate in Exclusive Operations Clause in Contracts

Premium to Participate in Exclusive Operations. (A) Each such Non-Consenting Party shall within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds to the Consenting Parties (in proportion to their respective Participating Interest in the Exclusive Operations in which such Non-Consenting Party is reinstating its rights) a lump sum amount payable in the currency designated by such Consenting Parties. Such lump sum amount shall be equal to such Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in every Exclusive Operation relating to the Discovery (or Exclusive Well, as the case may be) in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B) and that were not previously paid by such Non-Consenting Party. (B) In addition to the payment required under Article 7.5(A), immediately following the exercise of its option under Article 7.4(C) each such Non-Consenting Party shall be liable to reimburse the Consenting Parties who took the risk of such Exclusive Operations (in proportion to their respective Participating Interests) an amount equal to the total of: (1) five hundred percent (500%) of such Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the obtaining of the portion of the G & G Data which pertains to the Discovery, and that were not previously paid by such Non-Consenting Party; plus (2) twelve hundred percent (1200%) of the Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Exploration Well which made the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party; plus (3) eight hundred percent (800%) of the Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Appraisal Well(s) which delineated the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party. (C) Each such Non-Consenting Party who is liable for the amounts set out in Article 7.5(B) shall within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds the full amount due from it under Article 7.5(B) to such Consenting Parties, in the currency designated by such Consenting Parties

Premium to Participate in Exclusive Operations. (Aa) Each such Non-Consenting Party shall within Within thirty (30) Days of the exercise of its option under Article 7.4(CClause 7.4(c), each such Non-Consenting Party shall pay in immediately available funds to the Consenting Parties (in proportion to their respective Participating Interest Interests in the such Exclusive Operations in which such Non-Consenting Party is reinstating its rights) a lump sum amount payable in the currency designated by such Consenting Parties. Such lump sum amount shall be equal to such Non-Consenting Party’s Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in every Exclusive Operation Operations relating to the Discovery (Discovery, or Exclusive Wellwell, as the case may be) , in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B) Clause 7.4(b), and that were not previously paid by such Non-Consenting Party. (Bb) In addition to the payment required under Article 7.5(AClause 7.5(a), immediately following if a Cash Premium is due, then within thirty Days of the exercise of its option under Article 7.4(CClause 7.4(c) each such Non-Consenting Party shall be liable to reimburse pay in immediately available funds, in the currency designated by the Consenting Parties who took the risk of such Exclusive Operations (Operations, to such Consenting Parties in proportion to their respective Participating Interests) an amount Interests a Cash Premium equal to the total of: (1i) five hundred percent (500%) percent of such Non-Consenting Party’s Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the obtaining of the portion of the G & G G&G Data which pertains to the Discovery, and that were not previously paid by such Non-Consenting Party; plus (2ii) twelve hundred percent one thousand (12001000%) percent of the such Non-Consenting Party’s Participating Interest share of all liabilities and expenses expense, including overhead, that were incurred in any Exclusive Operation Operations relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Exploration Well which made the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(BClause 7.4(b), and that were not previously paid by such Non-Consenting Party; plus (3iii) eight seven hundred percent (800700%) percent of the Non-Consenting Party’s Participating Interest share of all liabilities and expenses expense, including overhead, that were incurred in any Exclusive Operation Operations relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Appraisal Well(s) which delineated the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(BClause 7.4(b), and that were not previously paid by such Non-Consenting Party. (C) Each such Non-Consenting Party who is liable for the amounts set out in Article 7.5(B) shall within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds the full amount due from it under Article 7.5(B) to such Consenting Parties, in the currency designated by such Consenting Parties

Premium to Participate in Exclusive Operations. (A) Each such Non-Consenting Party shall within Within thirty (30) Days of the exercise of its option under Article 7.4(C), each such Non-Consenting Party shall pay in immediately available funds to the Consenting Parties (in proportion to lo their respective Participating Interest Interests in the such Exclusive Operations in which such Non-Consenting Party is reinstating its rights) a lump sum amount payable in the currency designated by such Consenting Parties. Such lump sum amount shall be equal to such Non-Consenting Party’s Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in every Exclusive Operation Operations relating to the Discovery (Discovery, or Exclusive Wellwell, as the case may be) , in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B) ), and that were not previously paid by such Non-Consenting Party. (B) In addition to the payment required under Article 7.5(A), immediately following if a Cash Premium is due, then within thirty (30) Days of the exercise of its option under Article 7.4(C) each such Non-Consenting Party shall be liable to reimburse pay in immediately available funds, in the currency designated by the Consenting Parties who took the risk of such Exclusive Operations (Operations, to such Consenting Parties in proportion to their respective Participating Interests) an amount Interests a Cash Premium equal to the total of: (1) five hundred percent (500%) of such Non-Consenting Party’s Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the obtaining of the portion of the G & G Data which pertains to the Discovery, and that were not previously paid by such Non-Consenting Party; plus (2) twelve five hundred percent (1200500%) of the such Non-Consenting Party’s Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Exploration Well which made the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party; plus (3) eight five hundred percent (800500%) of the Non-Consenting Party’s Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the drilling, . Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Appraisal Well(s) which delineated the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party. (C) Each such Non-Consenting Party who is liable for the amounts set out in Article 7.5(B) shall within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds the full amount due from it under Article 7.5(B) to such Consenting Parties, in the currency designated by such Consenting Parties

Premium to Participate in Exclusive Operations. (A) Each such Non-Consenting Party shall within Within thirty (30) Days of the exercise of its option under Article 7.4(C), each such Non-Consenting Party shall pay in immediately available funds to the Consenting Parties (in proportion to their respective Participating Interest in the such Exclusive Operations in which such Non-Consenting Party is reinstating its rights) a lump sum amount payable in the currency designated by such Consenting PartiesUnited States Dollars. Such lump sum amount shall be equal to such Non-Consenting Party’s Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in every Exclusive Operation relating to the Discovery (Discovery, or Exclusive Wellwell, as the case may be) , in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B) ), and that were not previously paid by such Non-Consenting Party. (B) In addition to the payment required under Article 7.5(A), immediately following if a Cash Premium is due, then within thirty (30) Days of the exercise of its option under Article 7.4(C) each such Non-Consenting Party shall be liable pay in immediately available funds in United States Dollars, to reimburse the such Consenting Parties who took the risk of such Exclusive Operations (in proportion to their respective Participating Interests) an amount Interests a Cash Premium equal to the total of: (1) five hundred percent (500%) of such Non-Consenting Party’s Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the obtaining of the portion of the G & G Data which pertains to the Discovery, and that were not previously paid by such Non-Consenting Party; plus (2) twelve nine hundred percent (1200900%) of the such Non-Consenting Party’s Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Exploration Well which made the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party; plus (3) eight four hundred percent (800400%) of the Non-Consenting Party’s Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Appraisal Well(s) which delineated the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party. (C) Each such Non-Consenting Party who is liable for the amounts set out in Article 7.5(B) shall within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds the full amount due from it under Article 7.5(B) to such Consenting Parties, in the currency designated by such Consenting Parties

Premium to Participate in Exclusive Operations. (A) Each such Non-Consenting Party shall within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds to the Consenting Parties (in proportion to their respective Participating Interest Interests in the such Exclusive Operations in which such Non-Consenting Party is reinstating its rights) a lump sum amount payable in the currency designated by such Consenting Parties. Such lump sum amount shall be equal to such Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in every Exclusive Operation relating to the Discovery (or Exclusive Well, as the case may be) in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B) ), and that were not previously paid by such Non-Consenting Party. (B) In addition to the payment required under Article 7.5(A), immediately following the exercise of its option under Article 7.4(C) each such Non-Consenting Party shall be liable to reimburse the Consenting Parties who took the risk of such Exclusive Operations (in proportion to their respective Participating Interests) an amount equal to the total of: (1) five hundred Five Hundred percent (500%) of such Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the obtaining of the portion of the G & G Data which pertains to the Discovery, and that were not previously paid by such Non-Consenting Party; plus (2) twelve hundred Five Hundred percent (1200500%) of the such Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Exploration Well which made the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party; plus (3) eight hundred Four Hunderd percent (800400%) of the Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Appraisal Well(s) which delineated the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party. (C) Each such Non-Consenting Party who is liable for the amounts set out in Article 7.5(B) shall within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds the full amount due from it under Article 7.5(B) to such Consenting Parties, in the currency designated by such Consenting Parties. (D) The Non-Consenting Party exercising its option under Article 7.4(C) shall, in accordance with Article 19, be entitled to all Cost Hydrocarbons derived from reimbursements made under Article 7.5(A). Such Non-Consenting Party shall not be entitled to Cost Hydrocarbons associated with payments made under Article 7.5(B), unless the Contract or any Laws / Regulations require otherwise. Each Consenting Party shall have the right to refuse to accept all or any portion of its share of amounts paid under Articles 7.5(A) and 7.5(B). In such case the refused amount shall be distributed to each non-refusing Consenting Party on a pro-rata basis.

Premium to Participate in Exclusive Operations. (A) Each such Non-Consenting Party shall within Within thirty (30) Days days of the exercise of its option under Article 7.4(C15.4(C), each such Non-Consenting Party shall pay in immediately available funds to the Consenting Parties (who took the risk of such Exclusive Operations in proportion to their respective Participating Interest Interests in the such Exclusive Operations in which such Non-Consenting Party is reinstating its rights) a lump sum amount payable in the currency currently designated by such Consenting Parties. Such lump sum amount shall be equal to such Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in every Exclusive Operation Operations relating to the Discovery (Discovery, or Exclusive Well, as the case may be) , in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B) 15.4(B), and that were not previously paid by such Non-Consenting Party. (B) In addition to the payment required under Article 7.5(A15.5(A), immediately following if a Cash Premium is due, then within thirty (30) days of the exercise of its option under Article 7.4(C15.4(C) each such Non-Consenting Party shall be liable to reimburse pay in immediately available funds, in the currency designated by the Consenting Parties parties who took the risk of such Exclusive Operations (Operations, to such Consenting Parties in proportion to their respective Participating Interests) an amount Interests a Cash Premium equal to the total of: (1) five Two hundred percent (500200%) of such Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the obtaining of the portion of the G & G G&G Data which pertains to the Discovery, and that were not previously paid by such Non-Consenting Party; plus (2) twelve hundred Four Hundred percent (1200400%) of the such Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the drilling, Deepeningdeepening, Testingtesting, Completingcompleting, Sidetrackingsidetracking, Plugging Backplugging back, Recompleting re-completing and Reworking reworking of the Exploration Well which made the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B15.4(B), and that were not previously paid by such Non-Consenting Partyparty; plus (3) eight hundred Two Hundred percent (800200%) of the such Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the drilling, Deepeningdeepening, Testingtesting, Completingcompleting, Sidetrackingsidetracking, Plugging Backplugging back, Recompleting re-completing and Reworking reworking of the Appraisal Well(s) which delineated the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B15.4(B), and that were not previously paid by such Non-Consenting Party. (C) Each such Non-Consenting Party who is liable for the amounts set out in Article 7.5(B) shall within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds the full amount due from it under Article 7.5(B) to such Consenting Parties, in the currency designated by such Consenting Parties;

Premium to Participate in Exclusive Operations. (A) Each such Non-Consenting Party shall within Within thirty (30) Days of the exercise of its option under Article 7.4(C), each such Non-Consenting Party shall pay in immediately available funds to the Consenting Parties (who took the risk of such Exclusive Operations in proportion to their respective Participating Interest Interests in the such Exclusive Operations in which such Non-Consenting Party is reinstating its rights) a lump sum amount payable in the currency designated by such Consenting Parties. Such lump sum amount shall be equal to such Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in every Exclusive Operation Operations relating to the Discovery (Discovery, or Exclusive Wellwell, as the case may be) , in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B) ), and that were not previously paid by such Non-Consenting Party. (B) In addition to the payment required under Article 7.5(A), immediately following if a Cash Premium is due, then within thirty (30) Days of the exercise of its option under Article 7.4(C) each such Non-Consenting Party shall be liable to reimburse pay in immediately available funds, in the currency designated by the Consenting Parties who took the risk of such Exclusive Operations (Operations, to such Consenting Parties in proportion to their respective Participating Interests) an amount Interests a Cash Premium equal to the total of: (1) five hundred percent (500%) of such Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the obtaining of the portion of the G & G Data which pertains to the Discovery, and that were not previously paid by such Non-Consenting Party; plus (2) twelve hundred percent (1200( 500%) of the such Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Exploration Well which made the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party; plus (3) eight hundred percent (800( 500 %) of the Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Appraisal Well(s) which delineated the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party. (C) Each such In addition to Article 7.5(A), if an In-Kind Premium is due, each Non-Consenting Party who is liable for the amounts set out in Article 7.5(B) shall within thirty (30) Days of the exercise of exercising its option under Article 7.4(C), pay in immediately available funds shall be deemed to grant to the full amount due from it under Article 7.5(B) to such Consenting Parties, and the Consenting Parties, in proportion to their Participating Interests, shall be deemed to accept an In Kind Premium, until such time as the currency designated In Kind Premium has been fully satisfied. The In Kind Premium shall be the right to own, take in kind and separately dispose of Hydrocarbons produced out of one hundred percent (100%) of the Non-Consenting Party's Entitlement to future production (including Cost Oil, Profit Oil and, where applicable under the Contract, gas) from the Exploitation Area for the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B)(2)(a) and (b) (or if applicable, from only the well in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B)(2)(a)). The value in U.S. Dollars of the In Kind Premium shall equal a total of: (1) percent (500%) of such Non-Consenting Party's Participating Interest share of all liabilities and expenses, including overhead, that were incurred in any Exclusive Operations relating to the obtaining of the portion of the G & G Data which pertains to the Discovery, and that were not previously paid by such Non-Consenting Party; plus (2) percent (500%) of such Non-Consenting Party's Participating Interest share of all liabilities and expenses, including overhead, that were incurred in any Exclusive Operations relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Exploration Well which made the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party; plus (3) percent (500%) of the Non-Consenting Party's Participating Interest share of all liabilities and expenses, including overhead, that were incurred in any Exclusive Operations relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Appraisal Well(s) which delineated the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party; plus (D) The In Kind Premium shall be deemed fully satisfied when the aggregate value (determined in U.S. Dollars in accordance with Article 7.5(F)) of the Hydrocarbons received by the Consenting Parties as In Kind Premium equals the sum of the amounts calculated in U.S. Dollars pursuant to Article 7.5(C)). After such satisfaction the Consenting Parties' right to such In Kind Premium shall terminate, and such Non-Consenting Party shall own, take and dispose of its Entitlement from such Exploitation Area. Production from other fields in the Contract Area, outside such Exploitation Area (whether Cost Oil or Profit Oil) shall not be used to satisfy the In Kind Premium. Any obligation of the Non-Consenting Party to satisfy the In Kind Premium shall terminate with the cessation of production from the Exploitation Area (or well, as the case may be) which the In Kind Premium encumbers, and in such event, no cash payment, in lieu of production, shall be due from the Non-Consenting Party for the unsatisfied balance of the In Kind Premium. (E) Within ninety (90) Days after the Completion of any Exclusive Operation, the Operator shall furnish to each Non-Consenting Party that has granted an In Kind Premium in respect of such Exclusive Operation an inventory of the equipment in and connected to the well, and an itemized statement of the cost of such Exclusive Operation, including equipping the well for production. Each Calendar Quarter during the period of satisfying an In Kind Premium, Operator shall furnish to the Non-Consenting Parties that have granted such In Kind Premium an itemized statement of all costs and liabilities incurred in the Exclusive Operation(s), establishing the value of such In Kind Premium together with a statement of the quantity of Hydrocarbons produced to satisfy such In Kind Premium and the amount of proceeds realized from the sale of such production during the preceding Calendar Quarter. (F) For the purpose of determining satisfaction of the In Kind Premium, the value of the Hydrocarbons received by a Consenting Party as In Kind Premium shall be the weighted average price per Barrel (f.o.

Premium to Participate in Exclusive Operations. (A) Each such Non-Consenting Party shall within Within thirty (30) Days of the exercise of its option under Article 7.4(C), each such Non- Consenting Party shall pay in immediately available funds to the Consenting Parties (in proportion to lo their respective Participating Interest Interests in the such Exclusive Operations in which such Non-Consenting Party is reinstating its rights) a lump sum amount payable in the currency designated by such Consenting Parties. Such lump sum amount shall be equal to such Non-Consenting Party’s Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in every Exclusive Operation Operations relating to the Discovery (Discovery, or Exclusive Wellwell, as the case may be) , in which the Non-Non- Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B) ), and that were not previously paid by such Non-Consenting Party. (B) In addition to the payment required under Article 7.5(A), immediately following if a Cash Premium is due, then within thirty (30) Days of the exercise of its option under Article 7.4(C) each such Non-Consenting Party shall be liable to reimburse pay in immediately available funds, in the currency designated by the Consenting Parties who took the risk of such Exclusive Operations (Operations, to such Consenting Parties in proportion to their respective Participating Interests) an amount Interests a Cash Premium equal to the total of: (1) five hundred percent (500%) of such Non-Consenting Party’s Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the obtaining of the portion of the G & G Data which pertains to the Discovery, and that were not previously paid by such Non-Consenting Party; plus (2) twelve five hundred percent (1200500%) of the such Non-Consenting Party’s Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Exploration Well which made the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party; plus (3) eight five hundred percent (800500%) of the Non-Consenting Party’s Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the drilling, . Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Appraisal Well(s) which delineated the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party. (C) Each such Non-Consenting Party who is liable for the amounts set out in Article 7.5(B) shall within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds the full amount due from it under Article 7.5(B) to such Consenting Parties, in the currency designated by such Consenting Parties

Premium to Participate in Exclusive Operations. (A) Each such Non-Consenting Party shall shall: Check one Alternative. [X] ALTERNATIVE NO. 1 within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds to the Consenting Parties (in proportion to their respective Participating Interest Interests in the such Exclusive Operations in which such Non-Consenting Party is reinstating its rights) a lump sum amount payable in the currency designated by such Consenting Parties. Such lump sum amount shall be equal to such Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses that were incurred in every Exclusive Operation relating to the Discovery (or Exclusive Well, as the case may be) in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party. [ ] ALTERNATIVE NO. 2 immediately upon the exercise of its option under Article 7.4(C), begin to bear one hundred percent (100%) of the cash calls made on each Consenting Party in respect of both Joint Operations and Exclusive Operations until such Non-Consenting Party has reimbursed the original Consenting Parties (in proportion to their respective Participating Interest in the Exclusive Operations in which such Non-Consenting Party is reinstating its rights) an amount equal to such Non-Consenting Party's Participating Interest share of all liabilities and expenses that were incurred in every Exclusive Operation relating to the Discovery (or Exclusive Well, as the case may be) in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B) and that were not previously paid by such Non-Consenting Party. (B) In addition to the payment required under Article 7.5(A), immediately following the exercise of its option under Article 7.4(C7.4 (C) each such Non-Consenting Party shall be liable to reimburse the Consenting Parties who took the risk of such Exclusive Operations (in proportion to their respective Participating Interests) an amount equal to the total of: (1) five hundred Six Hundred percent (500600%) of such Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the obtaining of the portion of the G & G Data which pertains to the Discovery, and that were not previously paid by such Non-Consenting Party; plus (2) twelve hundred Six Hundred percent (1200600%) of the such Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Exploration Well which made the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party; plus (3) eight hundred Six Hundred percent (800600%) of the Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Appraisal Well(s) which delineated the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party. (C) Each such Non-Consenting Party who is liable for the amounts set out in Article 7.5(B) shall within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds the full amount due from it under Article 7.5(B) to such Consenting Parties, in the currency designated by such Consenting Parties

Premium to Participate in Exclusive Operations. (Aa) Each such Non-Consenting Party shall within Within thirty (30) Days of the exercise of its option under Article 7.4(C8.4(c), each such Non- Consenting Party shall pay in immediately available funds to the Consenting Parties (in proportion to their respective Participating Interest in the Exclusive Operations in which such Non-Consenting Party is reinstating its rights) a lump sum amount payable in the currency designated by such Consenting Parties. Such lump sum amount shall be equal to such Non-Consenting Party’s Participating Interest one hundred per cent (100%) share of all liabilities and expenses expenses, including overhead, that were incurred in every Exclusive Operation relating to the Discovery (Discovery, or Exclusive Wellwell, as the case may be) , in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B8.4(b) and that were not previously paid by such Non-Consenting Party. (Bb) In addition to the payment required under Article 7.5(A8.4(a), immediately following if a Cash Premium is due, then within thirty (30) Days of the exercise of its option under Article 7.4(C8.4(c) each such Non-Consenting Party shall be liable to reimburse pay in immediately available funds, in the currency designated by the Consenting Parties who took the risk of such Exclusive Operations (in proportion Operations, to their respective Participating Interests) an amount such Consenting Parties a Cash Premium equal to the total of: (1i) five hundred percent fifty per cent (50050%) of such Non-Consenting Party’s Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the obtaining of the portion of the G & G G&G Data which pertains to the Discovery, Discovery and that were not previously paid by such Non-Consenting Party; plus (2ii) twelve hundred percent fifty per cent (120050%) of the Non-Consenting Party’s Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Exploration Well which made the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), 8.4(b) and that were not previously paid by such Non-Consenting Party; plus (3iii) eight hundred percent fifty per cent (80050%) of the Non-Consenting Party’s Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Appraisal Well(s) which delineated the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), 8.4(b) and that were not previously paid by such Non-Consenting Party. (C) Each such Non-Consenting Party who is liable for the amounts set out in Article 7.5(B) shall within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds the full amount due from it under Article 7.5(B) to such Consenting Parties, in the currency designated by such Consenting Parties

Premium to Participate in Exclusive Operations. (A) Each such Non-Consenting Party shall within Within thirty (30) Days of the exercise of its option under Article 7.4(C7.4(D), or with respect to G&G Data, within thirty (30) days of its request to acquire the right to use all or part of such G&G Data under Article 7.4(A), each such Non-Consenting Party shall pay in immediately available funds to the Consenting Parties (in proportion to their respective Participating Interest Interests in the such Exclusive Operations in which such Non-Consenting Party is reinstating its rights) a lump sum amount payable in the currency designated by such Consenting Parties. Such lump sum amount shall be equal to such Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in every Exclusive Operation relating to the G&G Data, Discovery (, or Exclusive Wellwell, as the case may be) in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B) and that were not previously paid by such Non-Consenting Party. (B) In addition to the payment required under Article 7.5(A), immediately following the exercise of its option under Article 7.4(C) each such Non-Consenting Party shall be liable to reimburse the Consenting Parties who took the risk of such Exclusive Operations (in proportion to their respective Participating Interests) an amount equal to the total of: (1) five hundred percent (500%) of such Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the obtaining of the portion of the G & G Data which pertains to the Discovery, and that were not previously paid by such Non-Consenting Party; plus (2) twelve hundred percent (1200%) of the Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Exploration Well which made the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party. Alliance Operating Agreement - 20F (B) In addition to Article 7.5(A), if a Cash Premium is due, then within thirty (30) Days of the exercise of its option under Article 7.4(A) or 7.4(D) each such Non-Consenting Party shall pay in immediately available funds, in the currency designated by the Consenting Parties who took the risk of such Exclusive Operations, to such Consenting parties in proportion to their respective Participating Interests a Cash Premium equal to the total of: two hundred percent (200%) of such Non-Consenting Party's Participating Interest share of all liabilities and expenses, including overhead, that were incurred in any Exclusive Operation relating to the obtaining of the portion of the G&G Data in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(D), and that were not previously paid by such Non-Consenting Party; plus (31) eight five hundred percent (800500%) of the Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Appraisal Well(s) which delineated the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting PartyParty . (C) Each such Non-Consenting Party who is liable for the amounts set out in Article 7.5(B) shall within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds the full amount due from it under Article 7.5(B) to such Consenting Parties, in the currency designated by such Consenting Parties

Premium to Participate in Exclusive Operations. (A) Each such Non-Consenting Party shall within thirty (30) Days of immediately upon the exercise of its option under Article 7.4(C), pay begin to bear one hundred percent (100%) of the cash calls made on each Consenting Party in immediately available funds to respect of both Joint Operations and Exclusive Operations until such Non-Consenting Party has reimbursed the original Consenting Parties (in proportion to their respective Participating Interest in the Exclusive Operations in which such Non-Consenting Party is reinstating its rights) a lump sum an amount payable in the currency designated by such Consenting Parties. Such lump sum amount shall be equal to such Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in every Exclusive Operation relating to the Discovery (or Exclusive Well, as the case may be) in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B) and that were not previously paid by such Non-Consenting Party. (B) In addition to the payment required under Article 7.5(A), immediately following the exercise of its option under Article 7.4(C) each such Non-Consenting Party shall be liable to reimburse the Consenting Parties who took the risk of such Exclusive Operations (in proportion to their respective Participating Interests) an amount equal to the total of: (1) five six hundred percent (500600%) of such Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the obtaining of the portion of the G & G Data which pertains to the Discovery, and that were not previously paid by such Non-Consenting Party; plus (2) twelve six hundred percent (1200600%) of the such Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Exploration Well which made the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party; plus (3) eight five hundred percent (800500%) of the Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Appraisal Well(s) which delineated the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party. (C) Each such Non-Consenting Party who is liable for the amounts set out in Article 7.5(B) shall within thirty bear one hundred percent (30100%) Days of the exercise cash calls made on each Consenting Party in respect of its option under Article 7.4(C), pay in immediately available funds both Joint Operations and Exclusive Operations until each Non-Consenting Party has reimbursed the full amount due from it under Article 7.5(B) to such Consenting Parties). Unless otherwise agreed, any balance remaining unreimbursed at the end of, or upon a Party’s withdrawal from, the subject Exploration Period will be reimbursed by cash payment in the currency designated by the Consenting Parties who took the risk of such Exclusive Operations. The due date for any such payment shall be fifteen (15) Days after notice from Operator of the balance remaining unreimbursed. Unpaid amounts shall accrue interest at the Agreed Interest Rate from the due date until timely paid in full. With respect to Parties who are participants in an on-going Exploitation Period, any balance remaining unreimbursed after twenty-four (24) months from the date of the notice under Article 7.4(C) shall be settled through allocation from the Non-Consenting PartiesParties to the Consenting Parties of an additional share of Profit Hydrocarbons, such allocation timed to enable the reimbursement to be completed in not more than thirty (30) months from the date of the notice under Article 7.4(C). (D) The Non-Consenting Party exercising its option under Article 7.4(C) shall, in accordance with Article 19, be entitled to all Cost Hydrocarbons derived from reimbursements made under Article 7.5(A). Such Non-Consenting Party shall not be entitled to Cost Hydrocarbons associated with payments made under Article 7.5(B), unless the Contract or any Laws / Regulations require otherwise. Each Consenting Party shall have the right to refuse to accept all or any portion of its share of amounts paid under Articles 7.5(A) and 7.5(B). In such case the refused amount shall be distributed to each non-refusing Consenting Party on a pro-rata basis.

Premium to Participate in Exclusive Operations. (Aa) Each such Non-Consenting Party shall within thirty sixty (3060) Days of the exercise of its option under Article 7.4(Cclause 7.4(c), pay in immediately available funds to the Consenting Parties (in proportion to their respective Participating Interest Interests in the such Exclusive Operations in which such Non-Consenting Party is reinstating its rights) a lump sum amount payable in the currency designated by such Consenting Parties. Such lump sum amount shall be equal to such Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in every Exclusive Operation relating to the Discovery (or Exclusive Well, as the case may be) in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B) clause 7.4(b), and that were not previously paid by such Non-Consenting Party. (Bb) In addition to the payment required under Article 7.5(Aclause 7.5(a), immediately following the exercise of its option under Article 7.4(Cclause 7.4(c) each such Non-Consenting Party shall be liable to reimburse the Consenting Parties who took the risk of such Exclusive Operations (in proportion to their respective Participating Interests) an amount equal to the total ofof the following amounts: (1i) five hundred percent (500%) of such Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the obtaining of the portion of the G & G Data which pertains to the Discovery, and that were not previously paid by such Non-Consenting Party; plus (2) twelve hundred percent (1200%) of the Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Exploration Well which made the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(Bclause 7.4(b), and that were not previously paid by such Non-Consenting Party; plus (3ii) eight five hundred percent (800500%) of the Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Appraisal Well(s) which delineated the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(Bclause 7.4(b), and that were not previously paid by such Non-Consenting Party. (Cc) Each such Non-Consenting Party who is liable for the amounts set out in Article 7.5(Bclause 7.5(b) shall within thirty sixty (3060) Days of the exercise of its option under Article 7.4(Cclause 7.4(c), pay in immediately available funds the full amount due from it under Article 7.5(Bclause 7.5(b) to such Consenting Parties, in the currency designated by such Consenting Parties.

Premium to Participate in Exclusive Operations. (A) Each such Non-Consenting Party shall within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds to the Consenting Parties (in proportion to their respective Participating Interest Interests in the such Exclusive Operations in which such Non-Consenting Party is reinstating its rights) a lump sum amount payable in the currency (at the prevailing rate on the Day of payment) designated by such Consenting Parties. Such lump sum amount shall be equal to such Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in every Exclusive Operation relating to the Discovery (or Exclusive Well, as the case may be) in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B) and that were not previously paid by such Non-Non- Consenting Party. (B) In addition to the payment required under Article 7.5(A), immediately following the exercise of its option under Article 7.4(C) each such Non-Consenting Party shall be liable to reimburse the Consenting Parties who took the risk of such Exclusive Operations (in proportion to their respective Participating Interests) an amount equal to the total of: (1) five hundred Two Hundred percent (500200%) of such Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the obtaining of the portion of the G & G Data which pertains to the Discovery, and that were not previously paid by such Non-Non- Consenting Party; plus (2) twelve hundred Four Hundred percent (1200400%) of the such Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Exploration Well which made the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party; plus (3) eight hundred Four Hundred percent (800400%) of the Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Appraisal Well(s) which delineated the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party. (C) Each such Non-Consenting Party who is liable for the amounts set out in Article 7.5(B) shall shall, within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds the full amount due from it under Article 7.5(B) such amounts to such Consenting Parties, in the currency (at the prevailing rate on the Day of payment) designated by such Consenting Parties. (D) The Non-Consenting Party exercising its option under Article 7.4(C) shall be entitled to all Entitlements in proportion to its Participating Interest in the relevant Exclusive Operation.

Premium to Participate in Exclusive Operations. (A) Each such Non-Consenting Party shall within Within thirty (30) Days of the exercise of its option under Article 7.4(C7.4(D), or with respect to G&G Data, within thirty (30) Days of its request to acquire the right to use all or part of such G&G Data under Article 7.4(A), each such Non-Consenting Party shall pay in immediately available funds to the Consenting Parties (in proportion to their respective that took all or a portion of the cost obligation of the Participating Interest in of the Exclusive Operations in which such Non-Consenting Party is reinstating its rights) in such Exclusive Operation proportionately to their assumption of such obligation, a lump sum amount payable in the currency designated by such Consenting Parties. Such lump sum amount shall be equal to such Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in every Exclusive Operation relating to the G&G Data, Discovery (or Exclusive Wellwell, as the case may be) , in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B) ), and that were not previously paid by such Non-Consenting Party. (B) In addition to the payment required under Article 7.5(A), immediately following if a Cash Premium is due, then within thirty (30) Days of the exercise of its option under Article 7.4(C7.4(A) or 7.4(D) each such Non-Consenting Party shall be liable to reimburse pay in immediately available funds, in the currency designated by the Consenting Parties who took the risk of such Exclusive Operations (Operations, to such Consenting Parties in proportion to their respective Participating Interests) an amount assumption of such risk, a Cash Premium equal to the total of: (1) five Six hundred percent (500600%) of such Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation relating to the obtaining of the portion of the G & G Data which pertains to the Discovery, and that were not previously paid by such Non-Consenting Party; plus (2) twelve hundred percent (1200%) of the Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation Operations relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Exploration Well which made the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party; plus (32) eight Four hundred percent (800400%) of the Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Appraisal Well(s) other than Mandatory Appraisal Well(s), which delineated the Discovery made in the Exclusive Operations in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party; plus 3) One hundred percent (100%) of the Non-Consenting Party's Participating Interest share of all liabilities and expenses, including overhead, that were incurred by the Consenting Parties in any Exclusive Operation for the acquisition of G&G Data in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party. (C) Each such Non-Consenting Party who is liable for the amounts set out in Article 7.5(B) shall within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds the full amount due from it under Article 7.5(B) to such Consenting Parties, in the currency designated by such Consenting Parties

Premium to Participate in Exclusive Operations. (A) Each such Non-Consenting Party shall within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds to the Consenting Parties (in proportion to their respective Participating Interest Interests in the such Exclusive Operations in which such Non-Consenting Party is reinstating its rights) a lump sum amount payable in the currency (at the prevailing rate on the Day of payment) designated by such Consenting Parties. Such lump sum amount shall be equal to such Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in every Exclusive Operation relating to the Discovery (or Exclusive Well, as the case may be) in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B) and that were not previously paid by such Non-Non- Consenting Party. (B) In addition to the payment required under Article 7.5(A), immediately following the exercise of its option under Article 7.4(C) each such Non-Consenting Party shall be liable to reimburse the Consenting Parties who took the risk of such Exclusive Operations (in proportion to their respective Participating Interests) an amount equal to the total of: (1) five hundred Two Hundred percent (500200%) of such Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the obtaining of the portion of the G & G Data which pertains to the Discovery, and that were not previously paid by such Non-Non- Consenting Party; plus (2) twelve hundred Four Hundred percent (1200400%) of the such Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Exploration Well which made the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party; plus (3) eight hundred Four Hundred percent (800400%) of the Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Appraisal Well(s) which delineated the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party. (C) Each such Non-Consenting Party who is liable for the amounts set out in Article 7.5(B) shall shall, within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds the full amount due from it under Article 7.5(B) such amounts to such Consenting Parties, in the currency (at the prevailing rate on the Day of payment) designated by such Consenting Parties.

Premium to Participate in Exclusive Operations. (A) Each such Non-Consenting Party shall within Within thirty (30) Days of the exercise of its option under Article 7.4(C7.4(D), or with respect to G&G Data, within thirty (30) Days of its request to acquire the right to use all or part of such G&G Data under Article 7.4(A), each such Non-Consenting Party shall pay in immediately available funds to the Consenting Parties (in proportion to their respective that took all or a portion of the cost obligation of the Participating Interest in of the Exclusive Operations in which such Non-Consenting Party is reinstating its rights) in such Exclusive Operation proportionately to their assumption of such obligation, a lump sum amount payable in the currency designated by such Consenting Parties. Such lump sum amount shall be equal to such Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in every Exclusive Operation relating to the G&G Data, Discovery (or Exclusive Wellwell, as the case may be) , in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B) ), and that were not previously paid by such Non-Consenting Party. (B) In addition to the payment required under Article 7.5(A), immediately following if a Cash Premium is due, then within thirty (30) Days of the exercise of its option under Article 7.4(C7.4(A) or 7.4(D) each such Non-Consenting Party shall be liable to reimburse pay in immediately available funds, in the currency designated by the Consenting Parties who took the risk of such Exclusive Operations (Operations, to such Consenting Parties in proportion to their respective Participating Interests) an amount assumption of such risk, a Cash Premium equal to the total of: (1) five Six hundred percent (500600%) of such Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation relating to the obtaining of the portion of the G & G Data which pertains to the Discovery, and that were not previously paid by such Non-Consenting Party; plus (2) twelve hundred percent (1200%) of the Non-Consenting Party’s Participating Interest share of all liabilities and expenses that were incurred in any Exclusive Operation Operations relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Exploration Well which made the Discovery in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party; plus (32) eight Four hundred percent (800400%) of the Non-Consenting Party’s 's Participating Interest share of all liabilities and expenses expenses, including overhead, that were incurred in any Exclusive Operation Operations relating to the drilling, Deepening, Testing, Completing, Sidetracking, Plugging Back, Recompleting and Reworking of the Appraisal Well(s) other than Mandatory Appraisal Well(s), which delineated the Discovery made in the Exclusive Operations in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party; plus 3) One hundred percent (100%) of the Non-Consenting Party's Participating Interest share of all liabilities and expenses, including overhead, that were incurred by the Consenting Parties in any Exclusive Operation for the acquisition of G & G Data in which the Non-Consenting Party desires to reinstate the rights it relinquished pursuant to Article 7.4(B), and that were not previously paid by such Non-Consenting Party. (C) Each such Non-Consenting Party who is liable for the amounts set out in Article 7.5(B) shall within thirty (30) Days of the exercise of its option under Article 7.4(C), pay in immediately available funds the full amount due from it under Article 7.5(B) to such Consenting Parties, in the currency designated by such Consenting Parties