0001047469-05-005569 Sample Contracts

AGREEMENT REGARDING PREEMPTIVE RIGHTS
Preemptive Rights Agreement • March 7th, 2005 • Pioneer Drilling Co • Drilling oil & gas wells • Texas

THIS AGREEMENT REGARDING PREEMPTIVE RIGHTS, dated as of March 1, 2005 (this "Agreement"), is by and between Pioneer Drilling Company, a Texas corporation (the "Company"), and Chesapeake Energy Corporation, an Oklahoma corporation ("Chesapeake"). Capitalized terms used but not defined in this Agreement have the meanings set forth in the Notice (defined below).

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