OIL SANDS LEASE NO. 7406080084Oil Sands Lease • August 8th, 2007 • Park Place Energy Corp. • 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,
STOCK OPTION AGREEMENTStock Option Agreement • August 8th, 2007 • Park Place Energy Corp. • Services-business services, nec
Re: FARMOUT AGREEMENTFarmout Agreement • August 8th, 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 AgreementSeismic Option Agreement • August 8th, 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 _______________Subscription Agreement • August 8th, 2007 • Park Place Energy Corp. • 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 SHARESSubscription Agreement • August 8th, 2007 • Park Place Energy Corp. • 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 SHARESSubscription Agreement • August 8th, 2007 • Park Place Energy Corp. • 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").
Re: Farmout and Option AgreementFarmout and Option Agreement • August 8th, 2007 • Park Place Energy Corp. • Services-business services, nec • Alberta
This letter is to evidence the Agreement between Park Place Energy Inc. (“Park Place”), Patch Energy Inc. (“Patch”) and Pine Petroleum Limited (“Pine”) pursuant to which Farmor grants to Farmee the right to earn an interest in the Farmout Lands, the Option Lands and the Area of Mutual Interest on the terms and conditions contained herein (the “Agreement”).
CONSULTING AGREEMENTConsulting Agreement • August 8th, 2007 • Park Place Energy Corp. • Services-business services, nec • British Columbia
NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the mutual covenants and premises set forth herein, and for other good and valuable consideration (the receipt and sufficiency of which is hereby acknowledged) the parties hereto agree as follows:
PARK PLACE ENERGY INC. Suite #1220, 666 Burrard Street Vancouver, BC V6C 2X8Purchase Agreement • August 8th, 2007 • Park Place Energy Corp. • Services-business services, nec
This letter will serve to confirm that Park Place Energy Inc. (“Park Place”) has agreed to sell to Great Northern Oilsands, Inc. (“Great Northern”) and Great Northern has agreed to purchase from Park Place an undivided 50% interest in and to the Leases (the “Interest”), on the terms and conditions set out in this letter.
PARK PLACE ENERGY INC. Suite 1220, Park Place 666 Burrard Street Vancouver, B.C. V6C 2X8Management Services Agreement • August 8th, 2007 • Park Place Energy Corp. • Services-business services, nec
The following are the terms and conditions upon which Park Place Energy Inc. (the "Company") is prepared to contract with you to provide your services to the Company. By signing this letter agreement you accept the following terms and conditions:
FARMOUT PARTICIPATION AND OPTION AGREEMENT FORT ST. JOHN AREA, BRITISH COLUMBIAFarmout Participation and Option Agreement • August 8th, 2007 • Park Place Energy Corp. • Services-business services, nec
TERRA ENERGY CORP., a body corporate having an office in the City of Calgary, In the Province of Alberta (hereinafter referred to as “Farmor Participant”)
CONSULTING AGREEMENTConsulting Agreement • August 8th, 2007 • Park Place Energy Corp. • Services-business services, nec • British Columbia
NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the mutual covenants and premises set forth herein, and for other good and valuable consideration (the receipt and sufficiency of which is hereby acknowledged) the parties hereto agree as follows:
CONSULTING AGREEMENTConsulting Agreement • August 8th, 2007 • Park Place Energy Corp. • Services-business services, nec • British Columbia
NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the mutual covenants and premises set forth herein, and for other good and valuable consideration (the receipt and sufficiency of which is hereby acknowledged) the parties hereto agree as follows:
ASSIGNMENT OF LOANAssignment of Loan • August 8th, 2007 • Park Place Energy Corp. • Services-business services, nec • British Columbia
1284810 ALBERTA LTD., a corporation incorporated pursuant to the laws of the Province of Alberta, of 3238 Karley Crescent, Coquitlam, British Columbia, V3E 3E9
Re: Earning Agreement and Option Relinquishment AgreementEarning Agreement and Option Relinquishment Agreement • August 8th, 2007 • Park Place Energy Corp. • Services-business services, nec
Whereas Park Place Energy Inc. (Park Place), Great Northern Oilsands Inc. (Great Northern), and Tidewater Resources Inc. (Tidewater), collectively, the “Farmees”, have entered into an agreement (dated September 25th, 2006) and an amendment (dated November 2nd, 2006) with Pine Petroleum Limited (Pine) to drill a well at 14-22-12-5W4M in the Medicine Hat area of southern Alberta; and
OPTION AGREEMENTOption Agreement • August 8th, 2007 • Park Place Energy Corp. • Services-business services, nec
Reference: Amendment – Farmout and Option AgreementFarmout and Option Agreement • August 8th, 2007 • Park Place Energy Corp. • Services-business services, nec
Patch Energy Inc. (Patch) and Park Place Energy Inc. (Park Place) have entered into a Farmout and Option Agreement with Pine Petroleum Limited (Pine) dated September 25th, 2006 (Agreement) which provides for the Exploration and Development of certain Lands held by Pine located in Township 12, Range 5 W4M.
PARK PLACE ENERGY INC.Promissory Note Agreement • August 8th, 2007 • Park Place Energy Corp. • Services-business services, nec
