0001665196-17-000018 Sample Contracts

SURRENDER AND CANCELLATION OF EP 468 EARNING AGREEMENT
Surrender and Cancellation Agreement • August 14th, 2017 • Nation Energy Inc • Oil & gas field exploration services • Western Australia

THIS SURRENDER OF ALL RIGHTS UNDER THE EP 468 EARNING AGREEMENT AND CANCELLATION OF THE EP 468 EARNING AGREEMENT (“Surrender”) is made as of the 9th day of August, 2017 (the “Effective Date”), by and among Nation Energy (Australia) Pty Ltd, an Australian company, with an address of 1500 West 16th Avenue, Suite F, Vancouver, B.C. Canada V6J 2L6 (“Nation Australia”), and Officer Petroleum Ltd., an Australian company, with an address of Level 10, 32 Martin Place, Sydney, New South Wales 2000 (“Officer”). Nation Australia and Officer may be referred to collectively as the “Parties” or individually as a “Party”.

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SETTLEMENT AGREEMENT AND RELEASE OF ALL CLAIMS
Settlement Agreement • August 14th, 2017 • Nation Energy Inc • Oil & gas field exploration services • Northern Territory

THIS SETTLEMENT AGREEMENT (“Settlement Agreement”) is made as of the 9th day of August, 2017 (the “Effective Date”), by and among Nation Energy Inc., a Wyoming corporation, with an address of 1555 Blake Street, Suite 1002, Denver, CO 80202 (“Nation”), Nation Energy (Australia) Pty Ltd, an Australian Company, with an address of 1500 West 16th Avenue, Suite F, Vancouver, B.C. Canada V6J 2L6 (“Nation Australia”), Paltar Petroleum Limited, an Australian Company, with an address of Level 10, 32 Martin Place, Sydney, New South Wales 2000 (“Paltar”), and Officer Petroleum Ltd., an Australian Company, with an address of Level 10, 32 Martin Place, Sydney, New South Wales 2000 (“Officer”). Nation, Nation Australia, Paltar, and Officer may be referred to collectively as the “Parties” or individually as a “Party”. Paltar and Officer collectively may be referred to as the “Paltar Group”.

SURRENDER AND CANCELLATION OF EARNING AGREEMENTS
Surrender and Cancellation of Earning Agreements • August 14th, 2017 • Nation Energy Inc • Oil & gas field exploration services • Northern Territory

THIS SURRENDER OF ALL RIGHTS UNDER THE EARNING AGREEMENTS AND CANCELLATION OF EARNING AGREEMENTS (“Surrender”) is made as of the 9th day of August, 2017 (the “Effective Date”), by and among Nation Energy (Australia) Pty Ltd, an Australian company, with an address of 1500 West 16th Avenue, Suite F, Vancouver, B.C. Canada V6J 2L6 (“Nation Australia”), and Paltar Petroleum Limited, an Australian company, with an address of Level 10, 32 Martin Place, Sydney, New South Wales 2000 (“Paltar”). Nation Australia and Paltar may be referred to collectively as the “Parties” or individually as a “Party”.

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