June 28, 2010Imperial Resources, Inc. • July 16th, 2010 • Miscellaneous metal ores • Texas
This letter is intended as a binding agreement is made June 25, 2010 between HydroFX Holding, Ltd. by of P.O. Box 478, Cedar Park, Texas 78630, called seller through Hydro-FX, Inc. as General Partner of. seller, and Imperial Oil & Gas, Inc. or one of its subsidiaries of P.O. Box 4675, Lago Vista, Texas 78645, called buyer.
PARTICIPATION AGREEMENT (Two Well Bores) Delilah Prospect Grayson County, TexasParticipation Agreement • July 16th, 2010 • Imperial Resources, Inc. • Miscellaneous metal ores
This Participation Agreement (the "Agreement"), when fully executed, will evidence the agreement made and entered into between OKT Resources, LLC (the "Operator") and Imperial Oil and Gas, Inc. (the "Participant.") The Agreement between Operator and Participant is as follows:
Letter AgreementLetter Agreement • July 16th, 2010 • Imperial Resources, Inc. • Miscellaneous metal ores
Based upon our analysis of the geologic data covering the area of your Chisolm Trail Project, a Hunton Limestone Horizontal Development Drilling Project located in Kingfisher County, Oklahoma, more specifically that area known as the Area of Mutual Interest or AMI and more completely described as all of the sections in the following Townships in Kingfisher County, Oklahoma:
