PARTICIPATION AGREEMENT By and Between GulfSlope Energy, Inc., Texas South Energy, Inc.Participation Agreement • January 12th, 2018 • Gulfslope Energy, Inc. • Crude petroleum & natural gas • New York
This Participation Agreement (“Agreement”) is entered into and effective as of the 1st day of January, 2018, (“Effective Date”), by and between GulfSlope Energy, Inc., a Delaware corporation (“GSEI” or “GulfSlope”) with a principal place of business at 2500 CityWest Blvd., Suite 800, Houston, Texas 77042, Texas South Energy, Inc., a Nevada corporation (“TSEI” or “Texas South”) with a principal place of business at 4550 Post Oak Place Dr., Suite 300, Houston, Texas 77027 (hereinafter GSEI and TSEI shall collectively be referred to as “Companies”) and Delek GOM Investments, LLC, a Delaware limited liability company (“Delek”) with a registered office address c/o Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware 19801. GSEI, TSEI and Delek are sometimes referred to herein collectively as the “Parties”, and each individually as “Party”.
