Sunray Operating Company LLC 16444 Old Richmond Road Sugar Land, Texas 77478 281/879-9973 (o) 281/933-9054 (f) w5bxx@aol.comParticipation Agreement • November 20th, 2006 • Matrixx Resource Holdings, Inc. • Services-business services, nec
Sunray Operating Company LLC (“Sunray”) is the owner of oil and gas leases (“Leases”) covering 196 acres, more or less, in the captioned area as described on Exhibit “A” attached hereto. Based on information provided by Sunray, you (“Matrixx”) have agreed to acquire an undivided interest in the Leases and participate in the drilling of a 6700’ well, subject to the following terms and conditions:
