PARTICIPATION AGREEMENTParticipation Agreement • August 29th, 2013 • Contango Oil & Gas Co • Crude petroleum & natural gas • Texas
This Participation Agreement (“Agreement”) is entered into effective as of March 21, 2013, by and between Republic Exploration LLC (“REX”), a Delaware limited liability company, whose address is 3700 Buffalo Speedway, Suite 925, Houston, Texas 77098, and Contango Operators, Inc. (“COI”), a Delaware corporation, whose address is 3700 Buffalo Speedway, Suite 960, Houston, Texas 77098. REX and COI are hereinafter each individually referred to as “Party” and collectively referred to as the “Parties”.
PARTICIPATION AGREEMENT Timbalier Island Prospect South Timbalier Area Block 17Participation Agreement • August 29th, 2013 • Contango Oil & Gas Co • Crude petroleum & natural gas
WHEREAS, Republic Exploration LLC (“REX”) has reviewed and recommended participation in Houston Energy, L.P.’s Timbalier Island Prospect covering State of Louisiana Lease Number 21906 covering a portion of South Timbalier Area Block 17 located in the offshore state waters of the State of Louisiana;
