Exhibit 10.6
THE STATE OF TEXAS :
:
COUNTY OF XXX XXXX :
MEMORANDUM CONCERNING THE
TERMINATION OF THE DEVELOPMENT AGREEMENT
New Century Energy Corporation and Aquatic Cellulose International
Corporation (together, the "New Century Group") and Strong Petroleum Group,Inc.
("Strong")entered into a Development Agreement (the "Development
Agreement")effective April 1,2005, covering the oil and gas interest in the land
located in Xxx Xxxx County,Texas, more particularly described in Exhibit "A"
("Contact Area"). The term of the Development Agreement has, as of September 21,
2006, run. This memorandum represents an acknowledgement that: (1) Strong did
not earn any interest in the Contract Area or any personal property, equipment
and fixtures associated with the oil and gas operations on the Contract Area;
and (2) given the Development Agreement's term is over, Xxxxxx is not capable of
earning any interest in the future under that Development Agreement.
Date:September 28, 2006.
NEW CENTURY ENERGY CORP. STRONG PETROLEUM GROUP. INC.
/s/ Xxxxxx X. XxXxxxxxx /s/ Xxxxx X. Xxxx
By: Xxxxxx X. XxXxxxxxx Xxxxx X. Xxxx
President President
AQUATIC CELLULOSE INTERNATIONAL CORP.
By: /s/ Xxxxxxxx X. Westgarde
Xxxxxxxx Westgarde
President
ACKNOWLEDGMENTS
THE STATE OF TEXAS :
:
THE COUNTY OF XXXXXX :
On October 3, 2006, before me, personaly appeared XXXXXX X. XXXXXXXXX personally
known to me (or proved to me on the basis of satisfactory evidence), who by me
being duly sworn, to be the person whose name is subscribed to the within
instrument and acknowledged to me that he executed the same in his authorized
capacity as President of NEW CENTURY ENERGY CORP., a Colorado corporation, by
authority of its Board of Directors and that by his signature he or the entities
upon behalf of which he acted, executed the instrument.
WITNESS my hand and
Official Seal.
/s/ Sharia X. Xxxxxx
Notary Public Signature
THE STATE OF TEXAS :
:
THE COUNTY OF XXXXXX :
On September 28, 2006, before me, personally appeared XXXXX X. XXXX
personally known to me (or proved to me on the basis of satisfactory evidence),
who by me being sworn, to be the person whose name is subscribed to the within
instrument and acknowledged to me that he executed the same in his authorized
capacity as President of STRONG PETROLEUM GROUP, INC., a Texas corporation, and
that by his signature,the entities upon behalf of which he acted. executed the
instrument.
WITNESS my hand and
Official Seal.
/s/ Xxxxxxxx Xxxxxxx
Notary Public Signature
(SEAL)
THE STATE OF _____ :
:
THE COUNTY OF YALO :
On october 12, 2006, before me, personally appeared XXXXXXXX XXXXXXXXX
personally known to me (or proved to me on the basis of satisfactory evidence),
who by me being sworn, to be the person whose name is subscribed to the within
instrument and acknowledged to me that he executed the same in his authorized
capacity as President of AQUATIC CELLULOSE INTERNATIONAL CORP., a Nevada
corporation, and that by his signature,the entities upon behalf of which he
acted. executed the instrument.
WITNESS my hand and
Official Seal.
/s/ Xxxxx X. Xxxxxxxxxx
Notary Public Signature
(SEAL)
