0001144204-07-005904 Sample Contracts

DEVELOPMENT AGREEMENT
Development Agreement • February 8th, 2007 • True North Energy CORP • Commercial printing • Louisiana

THIS DEVELOPMENT AGREEMENT (“Agreement”), made and entered into effective as of January 1, 2007 (the “Effective Date”), by and between BP AMERICA PRODUCTION COMPANY (“BP”), a Delaware corporation, with an office at 501 Westlake Park Boulevard, Houston, Texas 77079, and TRUE NORTH ENERGY CORP. (“Company”), a Nevada corporation, with an office at 1200 Smith Street, 16th Floor, Houston, Texas 77002 (individually, a “Party” and collectively, the “Parties”).

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