NATION ENERGY INC.Third Amended and Restated Agreement • February 16th, 2016 • Nation Energy Inc • Oil & gas field exploration services
By this letter, effective as of February 8, 2016, Nation Energy Inc. (“Nation”) and Paltar Petroleum Limited (“Paltar”) amend their Third Amended and Restated Agreement dated August 30, 2015 and amended by the First Amendment Third Amended and Restated Agreement dated effective December 17, 2015 (as amended the “Agreement”), principally to extend the time allowed for certain actions contemplated in the Agreement. Capitalized terms not specifically defined in this Second Amendment to Third Amended and Restated Agreement (the “Amendment”) shall have the meaning accorded them in the Agreement. All dollar amounts in this Agreement are expressed in Australian dollars. Marc A. Bruner (“Bruner”) and John R. Hislop (“Hislop”), as major shareholders (indirectly or directly) of Paltar and Nation, respectively, agree to the terms of this Amendment.
SECOND AMENDMENT TO EP 468 EARNING AGREEMENT Dated effective 8 February 2016 PartiesEp 468 Earning Agreement • February 16th, 2016 • Nation Energy Inc • Oil & gas field exploration services
Officer and Nation are parties to the EP 468 Earning Agreement (Earning Agreement) dated 30 August 2015, and amended on 17 December 2015, relating to petroleum Exploration Permit 468 issued by the Government of Western Australia.
SECOND MASTER AMENDMENT TO SIX EARNING AGREEMENTS Dated effective 8 February 2016 PartiesEarning Agreement • February 16th, 2016 • Nation Energy Inc • Oil & gas field exploration services
Paltar and Nation are parties to six Earning Agreements (Earning Agreements), each dated 30 August 2015 and amended on 17 December 2015, relating to petroleum Exploration Permits 136, 143, 231, 232, 234 and 237 issued by the Northern Territory.
NATION ENERGY INC.Option Agreement • February 16th, 2016 • Nation Energy Inc • Oil & gas field exploration services
By this letter, effective as of February 12, 2016, Nation Energy Inc. (“Nation”) and Paltar Petroleum Limited (“Paltar”) amend their Option Agreement dated August 30, 2015 (the “Agreement”), principally to allow for the payment by Nation of the Purchase Price in shares of common stock of Nation. Capitalized terms not specifically defined in this Amendment to Option Agreement (the “Amendment”) shall have the meaning accorded them in the Agreement.
