EXHIBIT 10.2 SKY PETROLEUM, INC 108 Wild Basin Road Austin, Texas 78746 May 17, 2005 Parasaevski Ltd. P.O. Box 400 Sharjah, U.A.E. RE: Compensation Agreement for Sky Petroleum for assisting in the negotiations of the terms and introduction for the...Compensation Agreement • August 22nd, 2005 • Sky Petroleum, Inc. • Oil & gas field exploration services • Nevada
Sastaro Limited 22 Arch Makarios III Avenue Nicosia 1517 CypressParticipation Agreement • August 22nd, 2005 • Sky Petroleum, Inc. • Oil & gas field exploration services
Clause 3(2)(b) is hereby amended by deleting US$5.0 and replacing it with US$2.5 and a new clause 3(2)(b)(i) is added immediately following that states “US$ 2.5 million on 15 July 2005"
PARTICIPATION AGREEMENT Between BUTTES GAS & OIL CO. INTERNATIONAL INC. And SASTARO LIMITED Dated: MayParticipation Agreement • August 22nd, 2005 • Sky Petroleum, Inc. • Oil & gas field exploration services • England
