0001156973-05-000087 Sample Contracts

DRILLING CONTRACT No. S-NOC-1001/05 BETWEEN NINOTSMINDA OIL COMPANY LTD AND SAIPEM S.p.A
Drilling Contract • January 31st, 2005 • Canargo Energy Corp • Crude petroleum & natural gas • London

NINOTSMINDA OIL COMPANY (NOC) , a Company organised under the laws of Cyprus and having its registered office at 22 Stasicratous, Olga court , P.O. Box 48, Nycosia , Cyprus (herein after referred as the “Operator”)

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