Adventure Energy, Inc. OIL, GAS & COALBED METHANE LEASECoalbed Methane Lease • October 29th, 2008 • Adventure Energy, Inc.
This lease shall remain in force for a term of________(_______ ) year(s), and as long thereafter as oil, gas and/or coalbed methane are produced from the premises or operations by drilling or injection are continued, or thereafter, to pay the Lessor(s) a delay rental at the rate of Dollars ($_______ ) per acre per annum payable annually in advance, beginning__________,______ , until, but not after, a well yielding royalty to the Lessor(s) is drilled and oil, gas and/or coalbed methane is marketed therefrom. For injection purposes this lease shall continue in full force and effect, only as to well(s) so used and ten (10) acres contiguous thereto.
Adventure Energy, Inc. RIGHT OF WAY AND EASEMENT GRANTAdventure Energy, Inc. • October 29th, 2008
The Undersigned ________________________________, whose address is ________________________________________________________ hereinafter called “Grantor”, in consideration of One Dollar and other cash consideration receipt of which is hereby acknowledged, paid by Adventure Energy, Inc., whose mailing address is 33 6th Street S., Suite 600, St. Petersburg, FL 33701 hereinafter called the “Grantee”, do give, grant and convey with covenant of General Warranty, unto the Grantee, its successors and assigns, a perpetual right of way and easement to lay, maintain, operate, renew, alter, improve, protect, repair, and remove a pipeline for the transportation of any and all liquids, gases, solids, or any combination thereof, together with, the right to set a meter and all other necessary or convenient equipment and appurtenances thereto including, but not limited to, devices for control of pipeline corrosion and appropriate markers, together with the further right and easement to use the area cov
ADVENTURE ENERGY, INC. SUBSCRIPTION AGREEMENTSubscription Agreement • October 29th, 2008 • Adventure Energy, Inc. • Tennessee
We agree to purchase from Adventure Energy, Inc. (“Adventure Energy” or the “Company”) a working interest in the natural gas wells as described herein for a total price of ________________________ Dollars ($________), which represents twenty five percent (___%) of fifty percent (50%) working interest in _____________________. We acknowledge and understand that revenue flow to me will be based upon ___% of 50% of the net revenue from the well.
