0001144204-08-038063 Sample Contracts

ASSIGNMENT OF FARMOUT INTEREST
Farmout Agreement • July 2nd, 2008 • Cobra Oil & Gas CO • Drilling oil & gas wells

THIS ASSIGNMENT is made and entered into, by and between, West Canyon Energy Corp., also known as PetroSouth Energy Corp. hereinafter collectively referred to as “Assignor”, and Cobra Oil & Gas Company, hereinafter referred to as “Assignee”.

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FORMAL AGREEMENT
Formal Agreement • July 2nd, 2008 • Cobra Oil & Gas CO • Drilling oil & gas wells

This formal farm-out agreement (hereinafter referred to as the “Agreement”) is between Coastal Petroleum Company (hereinafter referred to as “Coastal”) and Cobra Oil & Gas Company (hereinafter referred to as “Cobra”). Coastal and Cobra are sometimes collectively referred to as the “Parties”.

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