0001117768-07-000135 Sample Contracts

Re: Letter Agreement / Ranken Energy Corporation Garvin County, OK
Letter Agreement • November 7th, 2007 • Delta Oil & Gas Inc • Oil & gas field exploration services

This LETTER AGREEMENT shall set forth the terms and conditions for your participation in the Ranken Energy Corporation (“REC”) 2007-1 DRILLING PROGRAM located in Garvin County, Oklahoma. Specifically, you agree to participate with a 20.000% Working Interest, subject to the following:

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