TERMINATION OF ADVISORY AGREEMENT
Exhibit 10.5
The undersigned hereby agree to terminate the Advisory Agreement dated April 1, 2012 effective as of January 1, 2013 except that any Compensation due and owing and any Reimbursable Expenses due but not heretofore paid shall be promptly made upon presentation.
CONTANGO OIL & GAS COMPANY
By: /s/ XXXXXX XXXXXX
Name: Xxxxxx Xxxxxx
Title: Vice President
JUNEAU EXPLORATION, L.P.
By: Juneau GP, LLC
its General Partner
By: /s/ XXXX X. XXXXXX
Name: Xxxx X. Xxxxxx
Title: Sole Manager
