Farm-in Agreement Sample Contracts

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Farm-in Agreement Executed – Muckanippie Project Expansion Over an Intrusion enriched in Fe-Ti-P-V
Farm-in Agreement • February 28th, 2024

• Petratherm Limited (PTR) and G4 Metals Pty Ltd (G4M) have executed a Letter of Agreement allowing PTR the right to earn-in to EL 6873 adjacent to PTR’s Muckanippie Project holding.

Contract
Farm-in Agreement • April 17th, 2024
AUSTPAC RESOURCES N.L.
Farm-in Agreement • February 9th, 2004
Contract
Farm-in Agreement • June 8th, 2023
Contract
Farm-in Agreement • October 14th, 2015
Galp Energia enters into a farm-in agreement in Namibia
Farm-in Agreement • November 26th, 2012

Galp Energia announces the signature of a farm-in agreement with the Brazilian company HRT Participações em Petróleo S.A., (HRT), for the acquisition of a 14% stake in three offshore Petroleum Exploration Licences (PEL) in Namibia, namely PEL 23 in the Walvis basin, and PEL 24 and PEL 28 in the Orange basin. After this agreement, HRT will retain the operatorship of these PEL.

Contract
Farm-in Agreement • February 9th, 2011
Contract
Farm-in Agreement • July 6th, 2021
Inflection Resources and AngloGold Ashanti Sign Definitive Exploration Agreement Across Portfolio of Copper-Gold Projects in Australia
Farm-in Agreement • June 13th, 2023

• AngloGold shall fund up to AUD$10,000,000 on exploration expenditures across the portfolio of projects as part of a Phase I exploration program. Phase I will drill test a wide range of large intrusive-related, copper-gold targets including the Duck Creek project. Phase I includes a minimum expenditure commitment of AUD$6,000,000 and a 10% management fee payable to Inflection;

JOGMEC Farms-in to GCR’s Broken Hill Property
Farm-in Agreement • March 29th, 2006

Golden Cross Resources has reached agreement with JOGMEC, the exploration arm of the Government of Japan, for JOGMEC to farm-in to the northern area of Golden Cross’ Broken Hill property, prospective for nickel-platinum group metals (PGM) accumulations.

H I G H L I G H T S
Farm-in Agreement • April 20th, 2010

⮚ Bonython Metals Group Pty Ltd (BMG) to farm-in to Carpentaria’s 100% owned tenements at the Hawsons Iron Project, Broken Hill, New South Wales

Contract
Farm-in Agreement • February 4th, 2014
Contract
Farm-in Agreement • November 18th, 2019
Contract
Farm-in Agreement • April 10th, 2017
Alamo Energy Corp. Agrees to Farm into Four UK Onshore Blocks
Farm-in Agreement • January 14th, 2010 • Alamo Energy Corp. • Services-business services, nec

London -- Alamo Energy Corp. (OTCBB:ALME) has entered into an agreement to farm into four UK onshore license blocks (TQ 26, TQ36, TQ46, TQ56) in the south of England totalling 400km sq. Pursuant to the agreement and subject to approval by the UK Department of Energy and Climate Change (DECC), Alamo will own a 90% working interest on the license which according to an independent report would estimate Alamo’s median stake to be approximately 236 million stock tank oil initially in place (STOIIP).

LAFAYETTE ENERGY CORP
Farm-in Agreement • August 19th, 2024 • Lafayette Energy Corp. • Crude petroleum & natural gas
EXCEL COAL FARM-IN AGREEMENT FOR QUEENSLAND COAL EXPLORATION
Farm-in Agreement • April 27th, 2006

Excel Coal Limited has entered into two separate agreements with the Conarco Group, an association made up of private investors which holds various coal exploration permits in Queensland (see attached map). These tenements border mining leases within the Bowen Basin which host major coal mines and established infrastructure.

Inco Farms-in to remainder of GCR’s Broken Hill Property
Farm-in Agreement • June 19th, 2006

Golden Cross Resources has entered into an agreement with Inco Australia Limited Partnership (“Inco”) for a farm-in to the remainder of Golden Cross’ Broken Hill property, EL 6518.

Farm-in Agreement – Special Exploration Licence SEL 13/98 Dated **
Farm-in Agreement • August 2nd, 2006 • Empire Energy Corp • Crude petroleum & natural gas • Tasmania

A GSLM is the owner and holder of a 100% legal and beneficial interest in the Licence. GSLM is conducting research and exploration activities within the Licence Area in search of commercial deposits of oil and gas.

Ausgold Enters into Farm-in Agreement on Doolgunna Station Project
Farm-in Agreement • June 4th, 2018

 After the spending commitment is met Ausgold will have right to retain 30% contributing interest or revert to a 20% interest free-carried to decision to mine

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Australia
Farm-in Agreement • January 4th, 2013

MEO Australia has executed binding agreements, subject to normal regulatory approvals, with Finder Exploration Pty Ltd to farm-in to the NT/P79 exploration permit in the Joseph Bonaparte Gulf. NT/P79 covers an area of 6,415 km2 and is located between MEO's existing NT/P68 (50%) and WA-454-P (100%) permits. Under the farm- in agreement, MEO will acquire a 65% participating interest and operatorship of the permit in return for reimbursing Finder $200,000. MEO will operate the permit and carry 100% of the study costs. The parties have a drill/drop election decision before entering the final permit year in June 2014.

KURNALPI PROJECT UPDATE
Farm-in Agreement • June 14th, 2018

Chesser Resources Limited (the “Company” or “Chesser”– ASX:CHZ) entered into a Farm-In Agreement with Mithril Resources Limited ( “Mithril” – ASX:MTH) in October 2015. The Farm-In Agreement required a staged expenditure contribution in order for Chesser to acquire a registered interest in selected Kurnalpi tenements in Western Australia. Chesser has not made the expenditure required to earn a registered interest in the Kurnalpi tenements.

Eni signs agreement on Heron and Blackwood gas discoveries in Northern Australia
Farm-in Agreement • May 17th, 2011

The agreement involves Eni earning 50% in the Heron gas discovery by funding the drilling of two wells in the Heron Area. Eni may withdraw from the agreement after the first well has been drilled.

Farm-In Agreement for Farm-in to UKCS Petroleum Production Licences P.1211 Block 14/14b and P.1288 Blocks 14/8a and 14/9a
Farm-in Agreement • June 13th, 2007 • Fox Petroleum Inc. • Metal mining
GOLDEN CROSS RESOURCES LTD
Farm-in Agreement • April 17th, 2002
Contract
Farm-in Agreement • July 17th, 2015
Highlights
Farm-in Agreement • February 26th, 2008

• Lucknow is one of the highest-grade goldfields in the world, with historic production of more than 400,000 ounces at an average estimated mined grade of +100 g/t Au.

Anglo American Farm In Agreement for Musgrave Project (WA) Secured
Farm-in Agreement • March 30th, 2012

Phosphate Australia Limited (“POZ”) has negotiated a A$3 million, four year farm-in agreement for its Musgrave Project in Western Australia with Anglo American Exploration (Australia) Pty Ltd (“Anglo American”), a wholly owned subsidiary of Anglo American Plc, one of the world’s largest mining groups. This agreement has now settled and covers the three core tenements within the Musgrave Project area near the WA border with the NT and SA: E69/2862, E69/2863 and E69/2864 (Figure 1).

Contract
Farm-in Agreement • December 28th, 2021
Contract
Farm-in Agreement • January 23rd, 2020
ASX
Farm-in Agreement • August 3rd, 2018
GOLDEN CROSS RESOURCES LTD
Farm-in Agreement • January 28th, 2002
Petrogas Gibralter LLC farms into PSA for Somaliland Block SL18
Farm-in Agreement • October 28th, 2015

Petrogas (Gibralter) Ltd, a wholly owned subsidiary of Petrogas Exploration and Production LLC has signed a farm in agreement with DNO International to acquire a 40% working interest in Block SL018. The farm in was ratified by the government of the Republic of Somaliland on the 7th January 2014.

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