EXHIBIT 10.6
CONSENT AGREEMENT
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On even date herewith Amni International Petroleum Development Company Limited
(AAmni@) and Liberty Technical Services Ltd. (ALiberty@) have entered into a
Joint Venture Agreement regarding the Deep Zones of the IMA Field. All
capitalised terms used but not defined herein shall have the meanings ascribed
to such terms in the Joint Venture Agreement (AJoint Venture Agreement@).
Liberty has requested the consent of Amni to a pledge by Liberty of its interest
in the Joint Venture Agreement, the Joint Operating Agreement and the other
agreements executed in connection therewith (collectively, the AJoint Venture
Interests@) to Credit Suisse First Boston. The pledge shall be accomplished
pursuant to the form of the Debenture attached hereto. Such pledge is being
made in accordance with the terms of a Credit Facility Agreement being executed
on even date herewith by Liberty, Abacan Resource Corporation, and certain other
subsidiaries of Abacan Resource Corporation, as borrowers and guarantors, and
Credit Suisse First Boston.
Amni hereby consents to the granting of a pledge on the Joint Venture Interests
pursuant to the terms of the Debenture.
Liberty Technical Services Ltd.
By: /s/ Xxxxx Xxxxxxxx
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Name: Xxxxx Xxxxxxxx
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Title: Secretary
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Amni International Petroleum Development Company Limited
By: /s/ Xxxxx Xxxxxxx
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Name: Xxxxx X. Xxxxxxx
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Title: Managing Director/CEO
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[The Debenture referenced herein has been filed as Exhibit 10.5 to the Form
10-KSB dated effective March 1, 1999.]
