Exploration and Exploitation Contract Sample Contracts

CONTRACT NAME: RIO VERDE CONTRACTOR: HARKEN DE COLOMBIA LIMITED EFFECTIVE DATE: SEPTEMBER 14 OF 2004
Exploration and Exploitation Contract • September 16th, 2004 • Harken Energy Corp • Crude petroleum & natural gas

• Re-completion of Tilodirán No. 1 Well in the Upper Gachetá Formation and development of a testing program focused to evaluation of the structure in which the well is completed.

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MODEL OF CONTRACT FOR EXPLORATION AND EXPLOITATION
Exploration and Exploitation Contract • January 4th, 2012

The Contracting parties, of the one part Agencia Nacional de Hidrocarburos hereinafter ANH, a special administrative unit accountable to the Ministry of Mines and Energy, created by the Decree 1760 of 26 June 2003, with registered offices in Bogota, represented by JOSE ARMANDO ZAMORA REYES, of legal age, ID No. 19.303.017 issued in Bogotá, D.C.domiciled in Bogota, who states: 1. That as director of ANH, he acts on behalf of that Agency, and 2. That he has been authorized by the directors of ANH to execute this Contract, as evidenced in ,

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