0001183740-03-000006 Sample Contracts

PARTICIPATION AGREEMENT

Participation Agreement • February 13th, 2003 • Fairchild International Corp • Mining & quarrying of nonmetallic minerals (no fuels)

• Contract Type
  Participation Agreement
• Filed
  February 13th, 2003
• Company
  Fairchild International Corp
• Industry
  Mining & quarrying of nonmetallic minerals (no fuels)

Pursuant to the terms of a farmout and joint operating agreement dated May 1, 2002 (the "Farmout Agreement") between Patch, True Energy Inc. and Arsenal Energy Inc., Patch has earned a 12.5% interest (the "Interest") in the Farmout Lands (as defined in the Farmout Agreement);