Common Contracts

AGENCY AGREEMENT

Agency Agreement • October 12th, 2010 • Ontario

• Contract Type
  Agency Agreement
• Filed
  October 12th, 2010
• Jurisdiction
  Ontario

Fraser Mackenzie Limited ("Fraser Mackenzie") and FirstEnergy Capital Corp. (collectively the "Agents") understand that Tethys Petroleum Limited (the "Company") proposes to issue and sell a minimum of 42,342,978 Ordinary Shares (as defined below) and a maximum of 70,600,000 Ordinary Shares (the "Shares").

AGENCY AGREEMENT

Agency Agreement • June 12th, 2009 • Ontario

• Contract Type
  Agency Agreement
• Filed
  June 12th, 2009
• Jurisdiction
  Ontario

Fraser Mackenzie Limited (the "Agent") understands that Tethys Petroleum Limited (the "Company") proposes to issue and sell a minimum of 20,672,000 Ordinary Shares (as defined below) and a maximum of 51,680,000 Ordinary Shares (the "Shares").

AGENCY AGREEMENT

Agency Agreement • June 20th, 2008 • Alberta

• Contract Type
  Agency Agreement
• Filed
  June 20th, 2008
• Jurisdiction
  Alberta

Jennings Capital Inc. (the "Lead Agent") and TD Securities Inc. (the "Co-Lead Agent", and collectively with the Lead Agent, the "Agents" and each individually, an "Agent") understand that Tethys Petroleum Limited (the "Company") proposes to issue and sell a minimum of 8,510,638 Ordinary Shares (as defined below) and a maximum of 21,276,596 Ordinary Shares (the "Shares").