EP 143 Final Earning Agreement (Amending and Restating the Original EP 143 Earning Agreement)Earning Agreement • July 1st, 2016 • Nation Energy Inc • Oil & gas field exploration services • Northern Territory
The Parties hereby ratify and amend the Original Earning Agreement, combine it with the anticipated Second Earning Agreement, expand it to cover all other Paltar Blocks in the Permit, and restate and replace it as follows:
MANAGEMENT SERVICES AGREEMENTManagement Services Agreement • December 3rd, 2010 • Nation Energy Inc • Oil & gas field exploration services • British Columbia
WHEREAS Caravel is a private company in the business of providing management, office and administrative services to reporting companies; and
EP 468 Final Earning Agreement (Amending and Restating the Original EP 468 Earning Agreement)Earning Agreement • July 1st, 2016 • Nation Energy Inc • Oil & gas field exploration services • Western Australia
The Parties hereby ratify and amend the Original Earning Agreement, expand it to cover the Permit Area, and restate and replace it as follows:
Nation Energy Inc. 1100, 609 West Hastings St. Vancouver, BC V6B 4W4Farmin Agreement • January 28th, 2005 • Nation Energy Inc • Oil & gas field exploration services
WHEREAS Nation entered into a Participation Agreement with Olympia Energy Inc. ("Olympia") dated the 21th day of November, 2001, a copy of which is attached hereto as Schedule "A" (hereinafter called the "Participation Agreement") wherein Nation earned certain working interests in lands, as designated in the Participation Agreement; and
NATION ENERGY INC.Letter Agreement • April 30th, 2015 • Nation Energy Inc • Oil & gas field exploration services
This letter, once executed by the parties, shall amend that certain Amended and Restated Letter Agreement dated November 27, 2014 (the “Agreement”) between Nation Energy Inc. as purchaser (the “Purchaser”), and Paltar Petroleum Limited (the "Vendor") regarding the transfer and sale by the Vendor of certain Australian oil and gas permit and application assets. Marc Bruner (“Bruner”), John Hislop (“Hislop”) and Wotan Group Limited (“Wotan”), all of whom are additional parties to the Agreement and certain ancillary agreements, join in and agree to the terms of this amendment.
QUITCLAIM, RELEASE AND ASSUMPTION AGREEMENTQuitclaim, Release and Assumption Agreement • February 14th, 2002 • Nation Energy Inc • Oil & gas field exploration services
This Quitclaim, Release and Assumption Agreement (this "Agreement") dated as of December 6 , 2001, is among NATION ENERGY, INC., a Delaware corporation. ("Nation"), Suite 1320, 925 W. Georgia Street, Vancouver, BC V6C 3L2; VRD, INC., a Texas corporation ("VRD"), P.O. Box 469 Abilene, Texas 79604; and SAURUS RESOURCES INCORPORATED, a Texas corporation ("Saurus"), P.O. Box 373, Teton Village, Wyoming 80325.
ContractDebt Settlement Agreement • April 24th, 2015 • Nation Energy Inc • Oil & gas field exploration services • Nevada
THIS DEBT SETTLEMENT AGREEMENT RELATES TO AN OFFERING OF SECURITIES IN AN OFFSHORE TRANSACTION TO PERSONS WHO ARE NOT U.S. PERSONS (AS DEFINED HEREIN) PURSUANT TO REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”).
NATION ENERGY INC.Third Amended and Restated Agreement • February 16th, 2016 • Nation Energy Inc • Oil & gas field exploration services
By this letter, effective as of February 8, 2016, Nation Energy Inc. (“Nation”) and Paltar Petroleum Limited (“Paltar”) amend their Third Amended and Restated Agreement dated August 30, 2015 and amended by the First Amendment Third Amended and Restated Agreement dated effective December 17, 2015 (as amended the “Agreement”), principally to extend the time allowed for certain actions contemplated in the Agreement. Capitalized terms not specifically defined in this Second Amendment to Third Amended and Restated Agreement (the “Amendment”) shall have the meaning accorded them in the Agreement. All dollar amounts in this Agreement are expressed in Australian dollars. Marc A. Bruner (“Bruner”) and John R. Hislop (“Hislop”), as major shareholders (indirectly or directly) of Paltar and Nation, respectively, agree to the terms of this Amendment.
SECOND AMENDMENT TO EP 468 EARNING AGREEMENT Dated effective 8 February 2016 PartiesEp 468 Earning Agreement • February 16th, 2016 • Nation Energy Inc • Oil & gas field exploration services
Officer and Nation are parties to the EP 468 Earning Agreement (Earning Agreement) dated 30 August 2015, and amended on 17 December 2015, relating to petroleum Exploration Permit 468 issued by the Government of Western Australia.
STOCK purchase Agreement (Affiliate)Stock Purchase Agreement • April 16th, 2002 • Nation Energy Inc • Oil & gas field exploration services
SURRENDER AND CANCELLATION OF EP 468 EARNING AGREEMENTSurrender and Cancellation Agreement • August 14th, 2017 • Nation Energy Inc • Oil & gas field exploration services • Western Australia
THIS SURRENDER OF ALL RIGHTS UNDER THE EP 468 EARNING AGREEMENT AND CANCELLATION OF THE EP 468 EARNING AGREEMENT (“Surrender”) is made as of the 9th day of August, 2017 (the “Effective Date”), by and among Nation Energy (Australia) Pty Ltd, an Australian company, with an address of 1500 West 16th Avenue, Suite F, Vancouver, B.C. Canada V6J 2L6 (“Nation Australia”), and Officer Petroleum Ltd., an Australian company, with an address of Level 10, 32 Martin Place, Sydney, New South Wales 2000 (“Officer”). Nation Australia and Officer may be referred to collectively as the “Parties” or individually as a “Party”.
SETTLEMENT AGREEMENT AND RELEASE OF ALL CLAIMSSettlement Agreement • August 14th, 2017 • Nation Energy Inc • Oil & gas field exploration services • Northern Territory
THIS SETTLEMENT AGREEMENT (“Settlement Agreement”) is made as of the 9th day of August, 2017 (the “Effective Date”), by and among Nation Energy Inc., a Wyoming corporation, with an address of 1555 Blake Street, Suite 1002, Denver, CO 80202 (“Nation”), Nation Energy (Australia) Pty Ltd, an Australian Company, with an address of 1500 West 16th Avenue, Suite F, Vancouver, B.C. Canada V6J 2L6 (“Nation Australia”), Paltar Petroleum Limited, an Australian Company, with an address of Level 10, 32 Martin Place, Sydney, New South Wales 2000 (“Paltar”), and Officer Petroleum Ltd., an Australian Company, with an address of Level 10, 32 Martin Place, Sydney, New South Wales 2000 (“Officer”). Nation, Nation Australia, Paltar, and Officer may be referred to collectively as the “Parties” or individually as a “Party”. Paltar and Officer collectively may be referred to as the “Paltar Group”.
THIS AGREEMENT is made as of the 1st day of July, 2002.Management Agreement • August 14th, 2002 • Nation Energy Inc • Oil & gas field exploration services • British Columbia
WHEREAS the Company desires to retain the Contractor to provide certain management services on behalf of the Company and the Contractor has agreed to so assist the Company on the terms and conditions of this Agreement.
OPTION AGREEMENTOption Agreement • September 3rd, 2015 • Nation Energy Inc • Oil & gas field exploration services • Wyoming
THIS OPTION AGREEMENT (this “Agreement”), is made and entered into as of August 30, 2015, by and between PALTAR PETROLEUM LIMITED, an Australian public company limited by shares (“Paltar”), in favor of NATION ENERGY INC., a Wyoming corporation (together with its Permitted Designees (as defined below), “Nation”).
MASTER AMENDMENT TO SIX EARNING AGREEMENTS Dated 17 December 2015 Parties Paltar Petroleum Limited (ACN 149 987 459) of Level 10, 32 Martin Place, Sydney, New South Wales 2000 (Paltar) and Nation Energy (Australia) Pty Ltd (ACN 606 533 046) of RPO Box...Earning Agreements • January 28th, 2016 • Nation Energy Inc • Oil & gas field exploration services
Nation Energy Inc. 1736 E. Charleston Boulevard Suite 725 Las Vegas, NV 89104 U.S.A.Bridge Loan Agreement • February 17th, 2004 • Nation Energy Inc • Oil & gas field exploration services
This letter will serve to confirm our agreement wherein, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, you have agreed to loan $250,000 (the “Loan”) to Nation Energy Inc. (the “Company”) on the following terms and conditions:
SECOND MASTER AMENDMENT TO SIX EARNING AGREEMENTS Dated effective 8 February 2016 PartiesEarning Agreement • February 16th, 2016 • Nation Energy Inc • Oil & gas field exploration services
Paltar and Nation are parties to six Earning Agreements (Earning Agreements), each dated 30 August 2015 and amended on 17 December 2015, relating to petroleum Exploration Permits 136, 143, 231, 232, 234 and 237 issued by the Northern Territory.
NATION ENERGY INC. Suite F - 1500 West 16th Avenue Vancouver BC V6H 4B9 CanadaFirst Amendment to Letter Agreement • April 8th, 2014 • Nation Energy Inc • Oil & gas field exploration services
This letter sets out the first amendment to the letter agreement dated October 11, 2013 (“Agreement”) reached among Nation Energy Inc. as purchaser (“the Purchaser”), and Paltar Petroleum Limited (the "Vendor") regarding the transfer and sale by the Vendor of certain Australian oil and gas permit and application assets. Marc Bruner (“Bruner”) as an indirect major shareholder and CEO of the Vendor agrees to the terms of this amendment.
NETCO ENERGY INC. NATION ENERGY INC.Sale and Purchase Agreement • September 24th, 2008 • Nation Energy Inc • Oil & gas field exploration services
NATION ENERGY INC. Suite F – 1500 West 16th Avenue Vancouver BC V6H 4B9 CanadaThird Amended and Restated Agreement • January 28th, 2016 • Nation Energy Inc • Oil & gas field exploration services
By this letter, Nation Energy Inc. (“Nation”) and Paltar Petroleum Limited (“Paltar”) amend their Third Amended and Restated Agreement (“Agreement”) dated August 30, 2015, principally to (i) extend the time allowed for certain actions contemplated in the Agreement and (ii) to provide further information concerning the Additional Earning Agreements referred to in item 3 of the Agreement. The term “Additional Earning Agreements” and other capitalized terms not specifically defined in this First Amendment to Third Amended and Restated Agreement (the “Amendment”) shall have the meaning accorded them in the Agreement. All dollar amounts in this Agreement are expressed in Australian dollars. Marc Bruner (“Bruner”) and John Hislop (“Hislop”), as major shareholders (indirectly or directly) of Paltar and Nation, respectively, agree to the terms of this Amendment.
NATION ENERGY INC. Suite F - 1500 West 16th Avenue Vancouver BC V6H 4B9 CanadaAgreement Regarding Paltar Petroleum Limited Australia Permits & Applications • June 18th, 2015 • Nation Energy Inc • Oil & gas field exploration services • Wyoming
This letter sets out the Second Amended and Restated Agreement (“Agreement”) reached among Nation Energy Inc., as farmee and optionee (“Nation”), and Paltar Petroleum Limited ("Paltar"), as farmor and optionor, regarding (i) the farmout to Nation of a portion of the oil and gas exploration permits on Exhibit A and (ii) the possible later sale to Nation, at Nation’s option, of Paltar’s entire interest in such permits, the outstanding shares of Officer Petroleum Pty Ltd. (“Officer”), and various applications for exploration permits on Exhibit A (collectively, the “Assets”), all on the terms and conditions set forth herein (collectively, the “Transactions”). Marc Bruner (“Bruner”) and John Hislop (“Hislop”), as major shareholders (indirectly or directly) of Paltar and Nation, respectively, agree to the terms hereof. This Agreement replaces in its entirety the Amended and Restated Agreement dated November 27, 2014, which was amended by an amendment dated April 29, 2015.
TERMINATION AGREEMENTTermination Agreement • August 16th, 2010 • Nation Energy Inc • Oil & gas field exploration services
WHEREAS a Joint Operating Agreement dated April 3, 2003, originally made among Nation Energy Inc., High Point Resources Inc. and Olympia Energy Inc., (hereinafter called "the Agreement") exists between the parties; and
NATION ENERGY INC.Option Agreement • February 16th, 2016 • Nation Energy Inc • Oil & gas field exploration services
By this letter, effective as of February 12, 2016, Nation Energy Inc. (“Nation”) and Paltar Petroleum Limited (“Paltar”) amend their Option Agreement dated August 30, 2015 (the “Agreement”), principally to allow for the payment by Nation of the Purchase Price in shares of common stock of Nation. Capitalized terms not specifically defined in this Amendment to Option Agreement (the “Amendment”) shall have the meaning accorded them in the Agreement.
NATION ENERGY INC. Suite F - 1500 West 16th Avenue Vancouver BC V6H 4B9 CanadaFourth Amendment to Third Amended and Restated Agreement • August 22nd, 2016 • Nation Energy Inc • Oil & gas field exploration services
NATION ENERGY INC.Agreement Regarding Paltar Petroleum Limited Australia Permits & Applications • December 1st, 2014 • Nation Energy Inc • Oil & gas field exploration services
This letter sets out the Amended and Restated agreement (“Agreement”) reached among Nation Energy Inc. as purchaser (“the Purchaser”), and Paltar Petroleum Limited (the "Vendor") regarding the transfer and sale by the Vendor of the oil and gas permits and applications and other assets listed in Schedule A below to the Purchaser upon the terms and conditions set forth herein. Marc Bruner (“Bruner”) as an indirect major shareholder and CEO of the Vendor agrees to the terms hereof. This Agreement replaces in their entirety the letter agreement among the parties respecting the same or similar subject matters dated October 11, 2013 (the “Letter Agreement”), the First Amendment Letter Agreement dated March 31, 2014, and the drafted but unsigned Second Amendment to the Letter Agreement dated August 29, 2014. This Agreement contemplates the subsequent amendment of the Loan Agreement between Vendor and John Hislop dated October 11, 2013; the three promissory notes from Vendor, as borrower, to J
SECURED CONVERTIBLE NOTE PURCHASE AGREEMENTSecured Convertible Note Purchase Agreement • November 10th, 2015 • Nation Energy Inc • Oil & gas field exploration services • Delaware
This SECURED CONVERTIBLE NOTE PURCHASE AGREEMENT (as amended, supplemented and otherwise modified from time to time, this “Agreement”) is made as of August 4, 2015, by and between Paltar Nation Limited Partnership, a Delaware limited partnership (the “Partnership”), and each of the purchasers listed on the signature pages to this Agreement (each, a “Purchaser” and together the “Purchasers”).
PARTICIPATION AGREEMENT SMOKY AREA, ALBERTAParticipation Agreement • February 14th, 2002 • Nation Energy Inc • Oil & gas field exploration services
WHEREAS Olympia Energy Inc. entered into a Farmin Agreement with AEC Oil & Gas ("AEC") dated the 4th day of October, 2001 a Farmin Agreement with Renata Resources Inc. ("Renata") dated the 10th day of October, 2001, and a Pooling and Participation Agreement with Birchill Resource Limited and Norglen Energy Corporation dated the 22nd day of October 2001 copies of which are attached hereto as Schedule "A" (hereinafter called the "Farmin Agreement") wherein AEC and Renata, (collectively "Farmor") gave Olympia the right to earn an interest in certain lands; and
SURRENDER AND CANCELLATION OF EARNING AGREEMENTSSurrender and Cancellation of Earning Agreements • August 14th, 2017 • Nation Energy Inc • Oil & gas field exploration services • Northern Territory
THIS SURRENDER OF ALL RIGHTS UNDER THE EARNING AGREEMENTS AND CANCELLATION OF EARNING AGREEMENTS (“Surrender”) is made as of the 9th day of August, 2017 (the “Effective Date”), by and among Nation Energy (Australia) Pty Ltd, an Australian company, with an address of 1500 West 16th Avenue, Suite F, Vancouver, B.C. Canada V6J 2L6 (“Nation Australia”), and Paltar Petroleum Limited, an Australian company, with an address of Level 10, 32 Martin Place, Sydney, New South Wales 2000 (“Paltar”). Nation Australia and Paltar may be referred to collectively as the “Parties” or individually as a “Party”.
Nation Energy Inc. 1100, 609 West Hastings St. Vancouver, BC V6B 4W4Farmin Agreement • December 5th, 2006 • Nation Energy Inc • Oil & gas field exploration services
Nation Energy Inc. (“Nation”) proposes to enter into a farmin agreement with Netco Energy Inc. or a subsidiary or affiliate of Netco Energy Inc. to be designated ("Netco") whereby Netco will earn 60% of Nation’s 15% working interest (“Nation’s Interest”) in a test well and Section 16; Twp 59, Rge 2 W6M (the “Boltan Section”) located in the Boltan area of Alberta.
MANAGEMENT SERVICES AGREEMENTManagement Services Agreement • July 1st, 2016 • Nation Energy Inc • Oil & gas field exploration services • Colorado
THIS MANAGEMENT SERVICES AGREEMENT (this “Agreement”), dated June 25, 2016 but effective as of July 22, 2015, is made by and between Nation Energy (Australia) Pty Ltd, an Australian limited company (the “Company”), and Carmen J. Lotito, a resident of Colorado (the “Advisor”).
FIRST AMENDMENT TO EP 468 EARNING AGREEMENT Dated 17 December 2015 Parties Officer Petroleum Pty Ltd (ACN 142 330 738) of Level 10, 32 Martin Place, Sydney, New South Wales 2000 (Officer) and Nation Energy (Australia) Pty Ltd (ACN 606 533 046) of RPO...Ep 468 Earning Agreement • January 28th, 2016 • Nation Energy Inc • Oil & gas field exploration services
NATION ENERGY INC.Third Amended and Restated Agreement • July 1st, 2016 • Nation Energy Inc • Oil & gas field exploration services
By this letter, effective as of May 31, 2016, Nation Energy Inc. (“Nation”) and Paltar Petroleum Limited (“Paltar”) amend their Third Amended and Restated Agreement dated August 30, 2015 and amended by the First Amendment to Third Amended and Restated Agreement dated effective December 17, 2015 and further amended by the Second Amendment to Third Amended and Restated Agreement dated effective February 8, 2016 (as amended the “Agreement”), principally to extend the time allowed for certain actions contemplated in the Agreement. Capitalized terms not specifically defined in this Third Amendment to Third Amended and Restated Agreement (the “Amendment”) shall have the meaning accorded them in the Agreement. All dollar amounts in this Agreement are expressed in Australian dollars. Marc A. Bruner (“Bruner”) and John R. Hislop (“Hislop”), as major shareholders (indirectly or directly) of Paltar and Nation, respectively, agree to the terms of this Amendment.
Nation Energy Inc. 1736 E. Charleston Boulevard Suite 725 Las Vegas, NV 89104 U.S.A.Bridge Loan Agreement • February 17th, 2004 • Nation Energy Inc • Oil & gas field exploration services
This letter will serve to confirm our agreement wherein, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, you have agreed to loan $500,000 (the “Loan”) to Nation Energy Inc. (the “Company”) on the following terms and conditions:
NATION ENERGY INC. Suite F - 1500 West 16th Avenue Vancouver BC V6H 4B9 CanadaThird Amended and Restated Agreement • September 3rd, 2015 • Nation Energy Inc • Oil & gas field exploration services • Wyoming
This letter sets out the Third Amended and Restated Agreement (“Agreement”) reached between Nation Energy Inc., as farmee and optionee (“Nation”), and Paltar Petroleum Limited (“Paltar”), as farmor and optionor, regarding (i) the immediate grant of earning rights to Nation relating to a portion of the oil and gas exploration permits listed on Schedule A; (ii) the later grant of earning rights relating to additional portions of the oil and gas exploration permits listed on Schedule A or portions of new permits granted as a result of the pending applications listed on Schedule A (the “Applications”); (iii) the possible later sale to Nation, at Nation’s option, of Paltar’s entire interest in all such permits, the outstanding shares of Officer Petroleum Pty Ltd. (“Officer”), and, when issued, any additional exploration permits issued as a result of the Applications (collectively, the “Assets”); or (iv) a possible business combination transaction in which substantially all of the equity int
PLEDGE AGREEMENTPledge Agreement • November 10th, 2015 • Nation Energy Inc • Oil & gas field exploration services • Delaware
THIS PLEDGE AGREEMENT, dated as of August 4, 2015 (as amended, supplemented and otherwise modified from time to time, this “Agreement”), is made by Wotan Group Limited (ACN 14998651), an Australian limited company (the “Pledgor”), to the persons listed (presently or in future) on the signature pages hereto as a “Secured Party” (collectively, the “Secured Parties”). Paltar Nation Limited Partnership, a Delaware limited partnership (the “Partnership”), is a party to this Agreement only with respect to Section hereof.
