FARMOUT AGREEMENT King City Oil Field King City Prospect Monterey County, CaliforniaFarmout Agreement • August 18th, 2009 • Delta Oil & Gas Inc • Oil & gas field exploration services
THIS FARMOUT AGREEMENT (“Agreement”) is made effective the 25th day of May, 2009 between Sunset Exploration, Inc. (hereinafter referred to as “Sunset”) and Delta Oil & Gas, Inc. (hereinafter referred to as “Delta”).
July 9, 2009 Mr. Douglas Bolen, President Delta Oil & Gas, Inc. #604 - 700 W. Pender Street Vancouver, BC C6C 1G8 RE: Letter Agreement Ranken Energy Corporation Garvin County, OKDelta Oil & Gas Inc • August 18th, 2009 • Oil & gas field exploration services
This Letter Agreement shall set forth the terms and conditions for your participation in the Ranken Energy Corporation (“REC”) 2009-1 Drilling Program located in Garvin County, Oklahoma. Specifically, you agree to participate with a 5.00% Working Interest, subject to the following:
