Earning Agreement and Option Relinquishment Agreement Sample Contracts

Re: Earning Agreement and Option Relinquishment Agreement
Earning Agreement and Option Relinquishment Agreement • August 8th, 2007 • Park Place Energy Corp. • Services-business services, nec

Whereas Park Place Energy Inc. (Park Place), Great Northern Oilsands Inc. (Great Northern), and Tidewater Resources Inc. (Tidewater), collectively, the “Farmees”, have entered into an agreement (dated September 25th, 2006) and an amendment (dated November 2nd, 2006) with Pine Petroleum Limited (Pine) to drill a well at 14-22-12-5W4M in the Medicine Hat area of southern Alberta; and

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