OPERATING AGREEMENTOperating Agreement • September 19th, 2011 • American Liberty Petroleum Corp. • Services-miscellaneous equipment rental & leasing • Nevada
Contract Type FiledSeptember 19th, 2011 Company Industry JurisdictionTHIS OPERATING AGREEMENT (this “Agreement”), dated as of August 2, 2011 (the “Effective Date”), is entered into by, between and among INDEPENDENCE DRILLING, LLC, a Nevada limited liability company (“Operator”), DESERT DISCOVERIES, LLC, a Nevada limited liability company (“Desert Discoveries”), EDWARD TRAUB, an individual (“Traub”), and AMERICAN LIBERTY PETROLEUM CORP., a Nevada corporation formerly known as Oreon Rental Corporation (“ALP”). Desert Discoveries, Traub and ALP are at times referred to herein singly as “Non-Operator,” and collectively as the “Non-Operators.” Operator, Desert Discoveries, Traub and ALP are at times singly referred to herein as a “Party” and collectively as the “Parties.”
OPERATING AGREEMENTOperating Agreement • September 19th, 2011 • American Liberty Petroleum Corp. • Services-miscellaneous equipment rental & leasing • Nevada
Contract Type FiledSeptember 19th, 2011 Company Industry JurisdictionTHIS OPERATING AGREEMENT (this “Agreement”), dated as the August 2, 2011 (the “Effective Date”), is entered into by, between and among INDEPENDENCE DRILLING, LLC, a Nevada limited liability company (“Operator”), DESERT DISCOVERIES, LLC, a Nevada limited liability company (“Desert”), CORTEZ EXPLORATION LLC, a Nevada limited liability company (“Cortez”), PUNTO DE LUZ, LLC, a Nevada limited liability company (“Punto”), EDWARD TRAUB, an individual (“Traub”), and AMERICAN LIBERTY PETROLEUM CORP., a Nevada corporation formerly known as Oreon Rental Corporation (“ALP”). Desert Discoveries, Cortez, Punto, Traub and ALP are at times referred to herein singly as “Non-Operator,” and collectively as the “Non-Operators.” Operator, Desert Discoveries, Cortez, Punto, Traub and ALP are at times singly referred to herein as a “Party” and collectively as the “Parties.”