0001214659-07-000806 Sample Contracts

PetroChina Oil and Gas Company Limited Jilin Oil Field Branch Company Chang Ling Long De Oil and Gas Development Company Limited He301 Oilfield Cooperative Development Contract
China North East Petroleum Holdings LTD • April 16th, 2007 • Crude petroleum & natural gas

According as “Mining Resource Law of the People’s Republic of China”, “Contract Law of the People’s Republic of China” and “Oil Field Development and Management Regulations of PetroChina Oil and Gas Company Limited”, both parties agree that He301 oil field is going to be cooperatively developed by both parties effective May 28, 2003. And in line with the mutually beneficial principle, the related matters concerned achieve the following contract provisions:

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PetroChina Oil and Gas Company Limited Jilin Oil Field Branch Company Song Yuan Yu Qiao Oil and Gas Development Company Limited Qian112 Oilfield Cooperative Development Contract
China North East Petroleum Holdings LTD • April 16th, 2007 • Crude petroleum & natural gas

According as “Mining Resource Law of the People’s Republic of China”, “Contract Law of the People’s Republic of China” and “Oil Field Development and Management Regulations of PetroChina Oil and Gas Company Limited”, both parties agree that Qian112,Da34,Gu31 oil field is going to be cooperatively developed by both parties effective May 28, 2003. And in line with the mutually beneficial principle, the related matters concerned achieve the following contract provisions:

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