OPTION AGREEMENT (Option to Acquire Oil and Gas Leases in Lamar, Jones and Forrest Counties, Mississippi) Morgan Creek Energy Corp. Vancouver, British Columbia, V6C 2X8 And Westrock Land Corp.Option Agreement • August 27th, 2010 • Morgan Creek Energy Corp • Crude petroleum & natural gas • British Columbia
It is understood that Morgan Creek Energy Corp., and/or its affiliates, (hereinafter referred to as "Morgan") wish to purchase approximately 21,000 net acres in mineral oil and gas leases in the lands located in Lamar, Jones and Forrest Counties, in the State of Mississippi, (hereinafter referred to as the "Acquired Properties") from Westrock Land Corp., (hereinafter referred to as "Westrock"). It is the intent that this Option Agreement (the "Agreement") shall be binding on both parties to the extent set forth herein.
