0001193125-11-311461 Sample Contracts

AMENDED EMPLOYMENT AGREEMENT
Employment Agreement • November 14th, 2011 • Magellan Petroleum Corp /De/ • Crude petroleum & natural gas • Maine

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of the 28th day of September, 2009, between and among MAGELLAN PETROLEUM CORPORATION, a Delaware corporation (“Magellan”) (“the Company”) and Susan M. Filipos, an individual residing at 546 Elmwood Road, Pownal, Maine 04069 (the “Employee”). The parties amended this Agreement on August 16, 2011 and these changes are specifically incorporated into the original Agreement as set forth below.

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PURCHASE AND SALE AGREEMENT by and between MAGELLAN PETROLEUM CORPORATION and THE OWNERS OF NAUTILUS TECHNICAL GROUP LLC AND EASTERN RIDER LLC LISTED ON SCHEDULE A Dated as of September 2, 2011
Purchase and Sale Agreement • November 14th, 2011 • Magellan Petroleum Corp /De/ • Crude petroleum & natural gas

WHEREAS, the Sellers identified as such on Schedule A own, beneficially and of record, 100% of the membership interests of Nautilus Technical (the NT Interests);

SALE AGREEMENT between SANTOS QNT PTY LTD ACN 083 077 196 and SANTOS LIMITED ACN 007 550 923 (together the Santos Entities) and MAGELLAN PETROLEUM (NT) PTY LTD ACN 009 718 183 (Magellan)
Sale Agreement • November 14th, 2011 • Magellan Petroleum Corp /De/ • Crude petroleum & natural gas • South Australia
Lease Purchase and Sale Agreement And Participation Agreement East Poplar Unit and Northwest Poplar Field Roosevelt County, Montana
Lease Purchase and Sale Agreement • November 14th, 2011 • Magellan Petroleum Corp /De/ • Crude petroleum & natural gas • Montana

This Lease Purchase and Sale and Participation Agreement (“Agreement”), dated effective as of September 6, 2011, is by and between VAALCO ENERGY (USA), INC., whose address is 4600 Post Oak Place, Suite 309, Houston, Texas 77027 (“Buyer”) and MAGELLAN PETROLEUM CORPORATION, a Delaware corporation whose address is 7 Custom House Street, Portland, Maine 04101, and NAUTILUS POPLAR LLC, a Montana limited liability company whose address is 700 East Ninth Avenue, Suite 200, Denver CO 80203 (each a “Seller” and collectively, the “Sellers”). Magellan Petroleum Corporation may sometimes be referred to as “Magellan” and Nautilus Poplar LLC may sometimes be referred to as “NP.” Buyer and each of the Sellers may be referred to individually as a “Party” or collectively as the “Parties.”

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