P.O. DRAWER 2360
000 XXXX XXXXX XXXXX XXXX
------------- CASPER, WY 82602
EIGHTY EIGHT (000) 000-0000
TRUE FAX (000) 000-0000
OIL LLC
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LEASE PURCHASE CONTRACT
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Petrosearch Operating Co. LLC
0000 Xxxxxxxxxx Xxxxxx, Xxxxx 000
Xxxxxx, XX 00000
EEOLLC'S CONTRACT NO. PC 2729
SELLER'S CONTRACT NO: _________________________
EFFECTIVE CONTRACT DATE: November 1, 2003
When accepted by you in the manner hereinafter indicated, this shall constitute
an agreement between Petrosearch Operating Co. LLC, hereinafter called SELLER
and Eighty-Eight Oil LLC, hereinafter called BUYER under the terms of which
Xxxxxx agrees to sell and deliver, and Xxxxx agrees to purchase and receive the
hereinafter described merchantable crude oil and/or condensate upon the
following terms and conditions:
LOCATION: Per Exhibit "A" attached hereto and made a part hereof.
TERM: Effective November 1, 2003 through November 30, 2003 and
continuing thereafter until terminated by either party hereto providing
thirty (30) days advance written notice.
TYPE: Per Exhibit "A" attached hereto and made a part hereof.
PRICE: Per Exhibit 'A' attached hereto and made a part hereof.
For pricing purposes, all oil hereby sold will be deemed to have
been delivered in EQUAL DAILY QUANTITIES.
PAYMENT: Payment shall be made by Check on or before the 20th day of the
month following the month of delivery.
SPECIAL
PROVISIONS: Any changes to this contract shall be by amendment.
The General Provisions attached hereto are made a part hereof.
PETROSEARCH OPERATING CO. LLC EIGHTY-EIGHT OIL LLC
By: /s/ Xxx X. Xxxxxx By: /s/ X.X. Xxxxxxx
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Title: Manager, President Title: X.X. Xxxxxxx, Operations Supervisor
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Date: 12/11/03 Date: 12-3-03
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EIGHTY-EIGHT OIL LLC
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EXHIBIT "A"
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CONTRACT WITH: Petrosearch Operating Co. LLC AMENDMENT NO: NONE
EEOLLC'S CONTRACT NO. PC 2729 AMENDMENT
SELLER'S CONTRACT NO: EFFECTIVE DATE:
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EFFECTIVE CONTRACT DATE: November 1, 2003
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LEASE NO LEASE NAME: OPERATOR: EFFECTIVE DATE: PRICE:
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PRODUCT TYPE: North Dakota Sweet
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002-201 CONOCO-XXXXXX 18-1 PETROSEARCH 11/1/03 Link Energy's
OPERATING CO LLC North Dakota
Sweet Northern
Township 139 North, Range 96 West, Plus $1.50 EDQ
---------------------------------- When connected
Section 18: NESE to pipeline,
Posting + $2.50
XXXXX/NORTH DAKOTA
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