MASTER AMENDMENT TO SIX EARNING AGREEMENTS Dated 17 December 2015 Parties Paltar Petroleum Limited (ACN 149 987 459) of Level 10, 32 Martin Place, Sydney, New South Wales 2000 (Paltar) and Nation Energy (Australia) Pty Ltd (ACN 606 533 046) of RPO Box...Nation Energy Inc • January 28th, 2016 • Oil & gas field exploration services
NATION ENERGY INC. Suite F – 1500 West 16th Avenue Vancouver BC V6H 4B9 CanadaNation Energy Inc • January 28th, 2016 • Oil & gas field exploration services
By this letter, Nation Energy Inc. (“Nation”) and Paltar Petroleum Limited (“Paltar”) amend their Third Amended and Restated Agreement (“Agreement”) dated August 30, 2015, principally to (i) extend the time allowed for certain actions contemplated in the Agreement and (ii) to provide further information concerning the Additional Earning Agreements referred to in item 3 of the Agreement. The term “Additional Earning Agreements” and other capitalized terms not specifically defined in this First Amendment to Third Amended and Restated Agreement (the “Amendment”) shall have the meaning accorded them in the Agreement. All dollar amounts in this Agreement are expressed in Australian dollars. Marc Bruner (“Bruner”) and John Hislop (“Hislop”), as major shareholders (indirectly or directly) of Paltar and Nation, respectively, agree to the terms of this Amendment.
FIRST AMENDMENT TO EP 468 EARNING AGREEMENT Dated 17 December 2015 Parties Officer Petroleum Pty Ltd (ACN 142 330 738) of Level 10, 32 Martin Place, Sydney, New South Wales 2000 (Officer) and Nation Energy (Australia) Pty Ltd (ACN 606 533 046) of RPO...Earning Agreement • January 28th, 2016 • Nation Energy Inc • Oil & gas field exploration services
