March 18, 2013 Xun Energy, Inc. 12518 NE Airport Way, Suite 148 No. 156, Portland, Oregon, 97230 Attention: Jerry G. Mikolajczyk, President and CEO Dear Jerry, Re: Oil And Gas Well Location Agreement Dated August 31, 2012, Amendment #3
Vencedor Energy Partners logo
March 18, 2013
00000 XX Xxxxxxx Xxx,
Suite 148 No. 156,
Portland, Oregon, 97230
Attention: Xxxxx X. Xxxxxxxxxxx, President and CEO
Dear Xxxxx,
Re: Oil And Gas Well Location Agreement Dated August 31, 2012, Amendment #3
As discussed, the permits have been issued by the Pennsylvania Department of Environment Protection (PA-DEP) for five (5) xxxxx on the Rice lease.
Based on the Permit issuance by the PA-DEP and the confirmation of the financial commitments for the drilling, commissioning and commencement of production with the first 4 oil and gas xxxxx in Venango County, Pennsylvania, we amend Section 4a of the Oil and Gas Well Location Assignment dated August 31, 2012 between Xun Energy, Inc. and Vencedor Energy Partners to read as follows:
Section 4a. INTENTIONALY DELETED
Your acceptance of the recommended changes to Section 4a above will serve as Amendment #3 to the Oil and Gas Well Location Assignment dated August 31, 2012 between Xun Energy, Inc. and Vencedor Energy Partners.
We look forward to a mutually beneficial successful business relationship.
Kind regards,
Vencedor Energy Partners
/s/ Xxxxx Xxxxxxx
___________________________________
Xxxxx Xxxxxxx,
President
We agree to the above Amendment, #3, of Section 4a of the Oil and Gas Well Location Assignment dated August 31, 2012.
/s/ Xxxxx X. Xxxxxxxxxxx 03/18/2013
By: ____________________________________
Xxxxx X. Xxxxxxxxxxx, President and CEO
0000 Xxxxxx Xxx, Xxx 000 Xxxxxxx Xxxxx XX 00000 / phone: fax 000-000-000 / xxxx@xxxxxxxxxxxxxx.xxx / xxx.xxxxxxxxxxxxxx.xxx