WORKING INTEREST PURCHASE AGREEMENTWorking Interest Purchase Agreement • June 19th, 2007 • Hyperdynamics Corp • Crude petroleum & natural gas
This agreement is entered into on this 12th day of June, 2007 by and between Rabb Resources Limited, a Louisiana Corporation, Rabb Contracting Company, LLC, a Louisiana Corporation, and Claude L. Rabb, an individual, herein collectively referred to as “Assignor/Operator,” and Hyperdynamics Corporation, (a Delaware corporation herein also referred to as the “Parent Company”), HYD Resources Corporation, (a Texas Corporation and wholly owned subsidiary of Parent Company and also referred to herein as “HYDR”), and HYDR's wholly owned subsidiary, Trendsetter Production Company, (a Mississippi corporation also referred to as “Acquiring Company” and “TPC”), hereinafter the Parent Company, HYDR, a TPC are collectively referred to as “Assignee”.
