LIMITED PARTNERSHIP AGREEMENT OF REEF GLOBAL ENERGY I, L.P. A NEVADA LIMITED PARTNERSHIPLimited Partnership Agreement • April 15th, 2003 • Reef Global Energy I Lp • Crude petroleum & natural gas
This LIMITED PARTNERSHIP AGREEMENT (the “Agreement”) is made as of the 23rd day of October, 2002 by and among Reef Partners LLC, a Texas limited liability company, as Managing General Partner (the “Managing General Partner”), Michael J. Mauceli, an individual, as the Initial Limited Partner, and the persons whose names are set forth on attached Exhibit A, as additional general partners (the “Additional General Partners”) or as limited partners (the “Limited Partners” and, collectively with Additional General Partners, the “Investor Partners”), pursuant to the provisions of the Nevada Uniform Limited Partnership Act (the “Act”), on the following terms and conditions:
FARMOUT AGREEMENT INDEXFarmout Agreement • August 14th, 2003 • Reef Global Energy I Lp • Crude petroleum & natural gas
EXHIBIT “A”Reef Global Energy I Lp • August 12th, 2003 • Crude petroleum & natural gas
Attached to and made a part of that certain Operating Agreement effective March 1, 2003, by and between American Coastal Energy, Inc., as Operator, and Challenger Minerals Inc. et al, as Non-Operators, pertaining to Block 268, Eugene Island Area, South Addition, Offshore Louisiana.
January 14, 2003Reef Global Energy I Lp • May 15th, 2003
When executed by all Parties hereto in the manner provided below, this letter shall evidence the agreement (“the Agreement”) between Samson Offshore Company, hereinafter referred to as “SOC”, Challenger Minerals Inc., hereinafter referred to as “CMI” and Reef Global Energy I, L.P., hereinafter referred to as “Reef” (CMI and Reef shall sometimes be referred to individually as “Participant” and collectively as “Participants” and all of the above parties shall sometimes herein be referred to collectively as “the Parties” and sometimes individually as “Party”) with respect to (1) Participant’s purchase from SOC of an undivided interest in and to the Oil & Gas Lease described on Exhibit “A” attached hereto and made a part hereof (the “Lease”) and (2) Participant’s participation in the drilling of a Test Well, as defined in paragraph 4 hereof, on the Lease in the manner hereinafter described.
