SERVICE AGREEMENTService Agreement • December 1st, 2011 • TAMM Oil & Gas Corp. • Crude petroleum & natural gas • Alberta
Cougar Oil and Gas Canada, Inc personal and support systems were instrumental in prospect identification for the Manning projects. For the duration of this agreement - iIn consideration for the work done to date for the mutual benefit of all parties on this project the parties have agreed that Cougar will provide “Operatorship” with all the responsibilities as defined by CAPL and ERCB, project management and implementation as authorized by the Joint CEC TAMM Operations Management Committee, geophysical services, engineering and accounting as required as defined by the following agreement. Cougar will charge at cost for these services provided to the *** and TAMM and shall earn 5% working interest in the lands on the anniversary of the first year of this agreement. Cougar will continue with prospect development and analysis for the mutual benefit of the parties to this agreement. Participation in each subsequent prospect shall be negotiated in good faith at time of acquisition.
FARMOUT AGREEMENT dated November 2, 2011 TAMM OIL AND GAS CORP. AndFarmout Agreement • December 1st, 2011 • TAMM Oil & Gas Corp. • Crude petroleum & natural gas
WHEREAS the parties have entered into this Farmout and Overriding Royalty Agreement in order to formalize the terms upon which TAMM is prepared to farm out its undivided interest in the Farmout Lands to ***, subject to the reservation of an overriding royalty to TAMM;
