OIL SANDS LEASE NO. 7406080084Park Place Energy Corp. • August 3rd, 2007 • Services-business services, nec
THEREFORE, subject to the terms and conditions contained in this Lease, Her Majesty grants to the Lessee, insofar as Her Majesty has the right to grant the same, the exclusive right to drill for, win, work and recover the Leased Substances within the Location, together with the right to remove from the Location any Leased Substances recovered, for the term of fifteen (15) years computed from the Term Commencement Date and, subject to the Mines and Minerals Act, for so long after the expiration of that term as this Lease is permitted to continue under the Mines and Minerals Act,
Re: FARMOUT AGREEMENTOverriding Royalty Agreement • August 3rd, 2007 • Park Place Energy Corp. • Services-business services, nec • Alberta
Bounty Developments Ltd. (“Bounty”) is the holder of the title documents covering the Farmout Lands described in Schedule “A” and has agreed to farmout a portion of its interests in the Farmout Lands to Park Place Energy Inc. on the following terms and conditions:
RE: Seismic Option AgreementOverriding Royalty Agreement • August 3rd, 2007 • Park Place Energy Corp. • Services-business services, nec • Alberta
Bounty Developments Ltd. (“Bounty”) is the holder of an undivided 100% Working Interest in the Title Documents covering the Farmout Lands described in Schedule “A” and has agreed to option its interests in the Farmout Lands to Damascus (“Damascus”) and Park Place Energy Inc. (“Park Place”) on the following terms and conditions.
SUBSCRIPTION FOR COMMON SHARES Dated _______________Park Place Energy Corp. • August 3rd, 2007 • Services-business services, nec
The undersigned (hereinafter referred to as the “Subscriber”) hereby irrevocably subscribes for and agrees to purchase the number of common shares (the “Shares”) of the Corporation set forth below at a subscription price of $0.25 per Share (i.e. (the “Subscription Amount”) upon and subject to the terms and conditions set forth in “Terms and Conditions of Subscription for Common Shares of Park Place Energy Inc.” attached hereto (together with the face pages and the attached Exhibits, the “Subscription Agreement”).
SUBSCRIPTION FOR COMMON SHARE SHARESPark Place Energy Corp. • August 3rd, 2007 • Services-business services, nec
The undersigned (hereinafter referred to as the "Subscriber") hereby irrevocably subscribes for and agrees to purchase the number of common share Shares of the Corporation (the "Shares") set forth below for the aggregate subscription price set forth below (the "Aggregate Subscription Price"), representing a subscription price of $0.25 per Share, upon and subject to the terms and conditions set forth in "Terms and Conditions of Subscription for Shares of Park Place Energy Inc." attached hereto as Schedule “A” (the "Subscription Agreement").
SUBSCRIPTION FOR FLOW-THROUGH COMMON SHARE SHARESPark Place Energy Corp. • August 3rd, 2007 • Services-business services, nec
The undersigned (hereinafter referred to as the "Subscriber") hereby irrevocably subscribes for and agrees to purchase the number of common share Shares of the Corporation (the "Shares") to be issued as Flow-Through Shares set forth below for the aggregate subscription price set forth below (the "Aggregate Subscription Price"), representing a subscription price of $_____ per Share, upon and subject to the terms and conditions set forth in "Terms and Conditions of Subscription for Flow-Through Shares of Park Place Energy Inc." attached hereto as Schedule “A” (the "Subscription Agreement").
