EXHIBIT 10.65
ADDITIONAL CONTRACT NUMBER 1 TO CONTRACT DIJ-1207
SELLER : ARGOSY ENERGY INTERNATIONAL AND NEO ENERGY INC.
OBJECT : CONTRACT OF PURCHASE AND SALE OF XXXXXXX CRUDE
PERIOD : JANUARY 1, 1998 TO DECEMBER 31, 1998
VALUE : UNDETERMINED AMOUNT
The contracting parties, on the one hand the COLOMBIAN OIL COMPANY "ECOPETROL",
which will from now on be called ECOPETROL, a Commercial and Industrial Company
of the State, duly authorized by Law 165 of 1948 and ruled by its statues,
approved by Decree 1209 of 1994, with main domicile in the city of Santafe de
Bogota, D.C., represented by XXXX XXXXXXX XXXXX G., of legal age, identified
with citizenship I.D. No. 19.125.070 issued in Bogota, with domicile in Bogota,
who manifests that, in his condition of Vicepresident of International Commerce
and Gas of ECOPETROL and duly faculted by the internal regulations of ECOPETROL,
in particular by the Administrative Control Manual in its Second Chapter, acts
in name and representation of this Company. On the other hand ARGOSY ENERGY
INTERNATIONAL, company organized and existing according to the laws of Utah,
United States of America, domiciled in Salt Lake City, Utah, with branch
established in Colombia, constituted by means of Public Deed number 5323 issued
by Notary Seventh of Bogota on October 25, 1993 and inscribed in the Chamber of
Commerce of Bogota on November 23, 1983 with registration No. 2008848,
represented by XXXXXXXX XXXXXXXX XXXXXX, of legal age, identified with
citizenship I.D. No. 5.584.373
2.
of Barrancabermeja and NEO ENERGY INC., a company organized and existing in
accordance with the laws of the State of Texas, United States of America,
domiciled in Dallas, Texas, whose branch is established in Colombia, constituted
by means of Public Deed number 6.179, issued by Notary Fourth of Bogota on
October 23, 1986 and inscribed in the Chamber of Commerce of Bogota, represented
by XXXXX X. XXXXX, of legal age and identified with citizenship I.D. Number
126.688 of Bogota, these companies will from now on be designated as THE SELLER,
who together with ECOPETROL have agreed to celebrate the additional contract by
means of which the duration of the purchase and sale contract DIJ-1207 is
extended, with the following considerations a) That ECOPETROL subscribed the
purchase and sale contract DIJ-1207 with companies ARGOSY ENERGY INTERNATIONAL
and NEO ENERGY INC. for a period beginning on February 1, 1997 and ending on
December 31, 1997; b) That both parties by common consent decided in due time to
extend the duration of the contract for twelve (12) additional months; c) That
by means of this additional contract the agreement that determined the extension
of contract DIJ-1207 is formalized. In accordance with the above mentioned
considerations, the parties agree to: CLAUSE ONE-Extend the duration of contract
DIJ-1207 for the period included between January first (1), 1998 and December
31, 1998, under the same terms and conditions stipulated in the original
contract. CLAUSE TWO-The present document does not constitute a novation of
contract DIJ-1207, which continues fully in force in all that has not been
modified by this additional contract. Duly signed in Santafe de Bogota, D.C., on
January 5, nineteen ninety eight (1998).
COLOMBIAN OIL COMPANY ARGOSY ENERGY INTERNATIONAL
XXXX XXXXXXX XXXXX G. XXXXXXXX XXXXXXXX XXXXXX
Vicepresident of Legal Representative
International Commerce and Gas
NEO ENERGY, INC.
XXXXX X. XXXXX
Legal Representative
This is a fair and accurate English translation of the original document which
is in the Colombian language.
/s/ Xxxxx X. Xxxxx
-------------------
Xxxxx X. Xxxxx
Secretary and Treasurer
of Aviva Petroleum Inc.
