0001062993-03-000561 Sample Contracts

Stock Option Agreement (Performance Vesting Options)
Stock Option Agreement • July 1st, 2003 • Indo Pacific Energy LTD • Oil & gas field exploration services

THE SECURITIES OFFERED HEREBY HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER (1) THE U.S. SECURITIES ACT OF 1933, AND THE RULES AND REGULATIONS PROMULGATED THEREUNDER, OR (2) ANY APPLICABLE CANADIAN LAWS, AND MAY NEITHER BE OFFERED OR SOLD WITHIN THE UNITED STATES (AS DEFINED IN REGULATION S) OR TO OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION S), EXCEPT PURSUANT TO REGISTRATION UNDER THE 1933 ACT OR AN EXEMPTION THEREFROM NOR FOR THE BENEFIT OF A CANADIAN RESIDENT EXCEPT IN COMPLIANCE WITH APPLICABLE CANADIAN LAWS.

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FARM-OUT AGREEMENT (PEP 38753) FARMOUT AGREEMENT
Out Agreement • July 1st, 2003 • Indo Pacific Energy LTD • Oil & gas field exploration services
SUBSCRIPTION AGREEMENT (INDO-PACIFIC ENERGY (NZ) LIMITED) SUBSCRIPTION AGREEMENT
Subscription Agreement • July 1st, 2003 • Indo Pacific Energy LTD • Oil & gas field exploration services

THE “SUBSCRIBER” being the person whose name and details are set out in Schedule One to this Agreement (and if more than one person then those persons jointly and severally) INDO-PACIFIC ENERGY (NZ) LIMITED, a company incorporated under the laws of New Zealand (“the Company”) INDO-PACIFIC ENERGY LIMITED, a company incorporated under the laws of the Yukon Territory, Canada (“the Parent”) whose common shares are listed for trading on the Over the Counter Bulletin Board.

CONTENTS
Indo Pacific Energy LTD • July 1st, 2003 • Oil & gas field exploration services

This agreement records the arrangements between the parties relating to the sale to the Purchaser by the Vendors of all the issued shares in Bligh Oil & Minerals (N.Z.) Limited.

GAS PRE-PURCHASE AND OPTION AGREEMENT
Purchase and Option Agreement • July 1st, 2003 • Indo Pacific Energy LTD • Oil & gas field exploration services
Contract
Sale and Purchase Agreement • July 1st, 2003 • Indo Pacific Energy LTD • Oil & gas field exploration services

HORIZON OIL INTERNATIONAL LIMITED INDO-PACIFIC ENERGY (NZ) LIMITED NGATORO ENERGY LIMITED PEP 38728 ASSET SALE AND PURCHASE AGREEMENT

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