0001144204-10-060976 Sample Contracts

MESA ENERGY OPERATING, LLC CONTRACT OPERATING AGREEMENT
Contract Operating Agreement • November 15th, 2010 • Mesa Energy Holdings, Inc. • Metal mining • Texas

This Contract Operating Agreement (“Agreement”) is entered into and effective this 1st day of July, 2010, by and between Payson Petroleum, Inc. (“Payson”), a Texas corporation whose address is 2050 Sierra Place, Lewisville, TX 75077,, and Mesa Energy Operating, LLC, a Texas limited liability company, with principal offices at 5220 Spring Valley Road, Suite 525, Dallas, TX 75254 (“Mesa”). Mesa and Payson are hereinafter sometimes referred to as a Party or collectively as the Parties as applicable.

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