BINDING LETTER OF INTENT TO PURCHASE PROPERTIES January 28, 2007 Tatonka Oil & Gas, Inc. Tower 1, 1oth Floor Denver, CO 80202 Re: Seer Energy, LLCTatonka Oil & Gas, Inc. • February 14th, 2007 • Metal mining
This letter, upon execution, will evidence the agreement of Seer Energy, LLC (“Seer”) and Tatonka Oil & Gas, Inc. (“Tatonka”) relative to the sale and acquisition of all of Seer’s oil and gas interests in the SW Lance Creek and Lateral Pond Properties (“the Assets” or “the Properties”), more particularly described in “Exhibit A” and “Exhibit B” attached hereto. The Effective Date of the transfer of the Assets shall be January 1, 2007, at 7:00 a.m.. In connection with this agreement, the parties recognize the following facts:
