FARMOUT AGREEMENTFarmout Agreement • August 5th, 2010 • Gulf United Energy, Inc. • Metal mining • Texas
THIS Farmout Agreement (this “Agreement”) is entered into and effective on July 31, 2010 (“Effective Date”) between SK ENERGY CO., LTD., a corporation organized and existing under the laws of the Republic of Korea (“Farmor”), and Gulf United Energy del Colombia Ltd., a company organized and existing under the laws of the British Virgin Islands (“Farmee”). Farmor and Farmee are sometimes referred to collectively as “Parties” and individually as “Party.”
