ContractProspect Participation Agreement • May 5th, 2020 • Louisiana
Contract Type FiledMay 5th, 2020 Jurisdiction<DOCUMENT> <TYPE>EX-10 <SEQUENCE>5 <FILENAME>form10sbex102oct04.txt <DESCRIPTION>EXH 10.2 - CLOVELLY PARTIC AGREE <TEXT> EXHIBIT 10.2 <PAGE> STATE OF LOUISIANA PARISH OF LAFOURCHE CLOVELLY PROSPECT PARTICIPATION AGREEMENT THIS AGREEMENT (the "Agreement"), is made and entered into effective as of the 20th day of October, 2003 (the "Effective Date") by and between: ORX RESOURCES, INC., a Delaware corporation, with offices at 400 Poydras Street, Suite 1100, New Orleans, Louisiana 70130, hereinafter sometimes referred to as "ORX"; and PETROREAL OF LOUISIANA L.L.C., a Louisiana Limited Liability Company, with offices at 400 Poydras Street, Suite 1100, New Orleans, Louisiana 70130, hereinafter sometimes referred to as "PetroReal". WITNESSETH: WHEREAS, ORX has entered into a Clovelly Purchase Agreement, dated January 16, 2003, with Coastline Oil & Gas, Inc. (COG) for the exploration and development of the area known as Clovelly Prospect, all as more particularly described in said Agreement, a