WURSTER CHANNEL PROSPECT PARTICIPATION AGREEMENTChannel Prospect Participation Agreement • September 14th, 2009 • American Petro-Hunter Inc • Oil & gas field services, nec
WHEREAS Archer is the owner of a portion of all right, title and interest to the Wurster Channel Prospect (the Prospect") and the land, geological and geophysical information and data used to develop the concept of the Prospect. In addition, Archer is the owner of a portion of oil and gas leases (hereinafter referred to as "said leases") totaling 1,029.45 net acres, as more fully described in Exhibit "A-4" to Exhibit "C" of this Agreement covering and embracing the lands (hereinafter referred to as "said lands") in the Area of Mutual Interest (hereinafter referred to as the "AMI"), shown on the attached Exhibit "A" and described as follows:
