FIRST AMENDMENT TO 3-D SEISMIC ACQUISITION AND DEVELOPMENT AGREEMENT3-D Seismic Acquisition and Development Option Agreement • December 29th, 2023 • Lafayette Energy Corp. • Crude petroleum & natural gas
This FIFTH AMENDMENT 3-D SEISMIC ACQUISITION AND DEVELOPMENT AGREEMENT (the “Amendment”), dated as of March 23, 2023 (the “Effective Date”) is by and between CRUCIFORM PROPERTIES LLC (“Optionor”) and LAFAYETTE ENERGY CORP (“Optionee” and together with Optionor, the “Parties”) amends that certain First Amendment to 3-D Seismic Acquisition and Development Agreement entered into by and between Optionee and Optionor, dated as of December 16, 2022 (the “Option”). Capitalized terms used but not otherwise defined in this Amendment have the respective meanings ascribed to them in the Option.
STATE: Louisiana PARISH: Assumption3-D Seismic Acquisition and Development Option Agreement • December 29th, 2023 • Lafayette Energy Corp. • Crude petroleum & natural gas • Texas
WHEREAS, Optionor, named above, owns certain rights to a 3-D seismic survey data along with reprocessed data and analysis covering a 51.996 square mile area, more or less, known as the Napoleonville Field located in Assumption Parish, Louisiana (the reprocessed data and analysis of the 3-D Seismic Survey shall hereinafter be referred to as the “Data”), as further described in Exhibit “A” (the 51.996 square mile area shall hereinafter be referred to as the “Napoleonville Field”);
