Farm-Out Agreement Sample Contracts

Aminex PLC
Farm-Out Agreement • May 11th, 2021
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Form of Farm-Out Agreement for PEP 38723 Dated 2002 GONDWANA ENERGY (NZ) LIMITED AND DURUM ENERGY (NEW ZEALAND) LIMITED FARMOUT AGREEMENT PEP 38723
Farm-Out Agreement • September 30th, 2003 • Tag Oil LTD • Oil & gas field exploration services
A BINDING FARM-OUT AGREEMENT EAST WADI ARABA CONCESSION - EGYPT
Farm-Out Agreement • November 17th, 2006 • Mogul Energy International, Inc. • Alberta

This Agreement made the 6th day of August, 2005 between Dover Investments Limited a Corporation organized and existing under the laws of the Province of Ontario, Canada (hereinafter referred to as “Dover”), TransPacific Petroleum Corp., a Corporation organized and existing under the laws of the Province of British Columbia, Canada (hereinafter referred to as "TransPacific") and Mogul Energy Ltd., a Corporation organized and existing under the laws of the Province of British Columbia Canada (hereinafter referred to as “Mogul”) and Ghareeb Awad of the City of Richmond British Columbia, Canada (hereinafter referred to as “Awad”).

FARM-OUT AGREEMENT
Farm-Out Agreement • November 17th, 2006 • Mogul Energy International, Inc. • New York

THIS AGREEMENT is dated as of September 29th, 2005 by and between Mogul Energy Ltd., a corporation organized and existing under the laws of the Province of British Columbia Canada (“Mogul”) and Mogul Energy International, Inc., a corporation organized and existing under the laws of the state of Delaware, USA (“MEI”).

San Donato Milanese (Milan), 11 March 2019 – Eni and Qatar Petroleum signed a farm out agreement to enable Qatar Petroleum to acquire a 25.5% participating interest in Block A5-A, offshore Mozambique. The agreement is subject to the authorization by...
Farm Out Agreement • March 11th, 2019

Block A5-A, located in the deep waters of the Northern Zambezi Basin, approximately 1,500 km north-east of the capital Maputo, was awarded to Eni following the 5th competitive Licensing Round launched by the Republic of Mozambique while the Exploration and Production Concession Contract was signed in October 2018. It extends over an area of 5,133 km2 in a water depth between 300 and 1,800 meters, in a completely unexplored zone in front of the town of Angoche.

HARTSHEAD RESOURCES NL (ACN 150 624 169)
Farm-Out Agreement • April 5th, 2023

Hartshead Executes Transformational Farm-Out Agreement, Providing Substantial Value to Shareholders and a Pathway to Production

Farm out meaning oil and gas
Farm Out Agreement • October 22nd, 2021

In the oil and gas industry, a breeding agreement is an agreement between the owner of one or more mineral leases, called a “farmer”, and another company that wants to obtain a percentage of ownership of that lease or lease in exchange for supply services, called a “pharmic.” The typical service described in the breeding agreements is the drilling of one or more oil and/or gas wells. A breeding agreement differs from a conventional transaction between two oil and gas alloys, because the primary consideration is the rendering of services, rather than the mere exchange of money. [1] Breeding agreements typically provide that the farmer will allocate the quantum of interest defined in the lease

FARM-OUT AGREEMENT
Farm-Out Agreement • August 19th, 2013 • AMERICAN EAGLE ENERGY Corp • Metal mining • Colorado

This Farm-Out Agreement (this “Agreement”) dated as of August 12, 2013, but effective as of June 1, 2013 (the “Effective Date”), is between American Eagle Energy Corporation, a Nevada corporation (“AEEC”), and AMZG, Inc., a Nevada corporation and successor by name change to American Eagle Energy Inc. (“AMZG” and together with AEEC, “AEE”), each of whose address is 2549 W. Main Street, Suite 202, Littleton, Colorado 80120, and USG Properties Bakken I, LLC, a Delaware limited liability company (“USG”), whose address is 601 Travis Street, Suite 1900, Houston, TX 77022. AEE and USG are sometimes referred to herein as a "Party" or the "Parties."

Contract
Farm Out Agreement • December 14th, 2022
APEX BENGARA-II AND YAPEN FARM OUT AGREEMENT
Farm Out Agreement • October 24th, 2001 • Geopetro Resources Co

THIS FARM OUT AGREEMENT (this "Agreement" or "FOA"), is made effective as of the 1st day of January, 2000, by and between CONTINENTAL ENERGY CORPORATION ("CEC"), a British Columbia, Canada corporation located at Suite 1760, One Bentall Center, 505 Burrard Street, Vancouver, B.C., V7X-1M6, Canada, GEOPETRO RESOURCES COMPANY (the "Farmee"), a California, U.S.A. corporation located at Suite 400, One Maritime Plaza, San Francisco, CA, 94111, USA, APEX (BENGARA-II) LTD. ("Apex Bengara"), a British Virgin Islands corporation located at 3rd Floor, Ampera Raya Building, Jl. Ampera Raya 18, Jakarta, 12560, Indonesia, and APEX (YAPEN) LTD. ("Apex Yapen"), a British Virgin Islands corporation located at 3rd Floor, Ampera Raya Building, Jl. Ampera Raya 18, Jakarta, 12560, Indonesia. CEC, the Farmee, Apex Bengara and Apex Yapen are sometimes hereinafter referred to individually as a "Party" and collectively as the "Parties".

Farm-Out Agreement by and between Thomasson Petroleum Enterprises, Inc. and KY USA Energy, Inc. dated January 21, 2010
Farm-Out Agreement • February 24th, 2010 • Kentucky USA Energy, Inc. • Crude petroleum & natural gas
Contract
Farm-Out Agreement • July 4th, 2014
FARM-OUT AGREEMENT
Farm-Out Agreement • June 5th, 2006 • Challenger Energy Corp • Alberta

WHEREAS, effective November 17, 2004 Canadian Superior Energy Inc. (“Canadian Superior”) and Challenger Energy Corp. (“CNE”) entered into an agreement (the “Prior Mariner Agreement”) for the purpose of establishing the terms and conditions on which Canadian Superior and CNE jointly participate in the drilling of the Mariner Test Well, may jointly participate in the Option Well(s) (as such terms are hereinafter defined), and under which CNE acquired a right to participate in certain projects located in the Republic of Trinidad and Tobago;

TERMS OF FARM-OUT AGREEMENT
Farm-Out Agreement • November 19th, 2014 • Northern Minerals & Exploration Ltd. • Gold and silver ores • Texas

This Agreement shall set forth the terms and conditions of the FARM-OUT AGREEMENT entered into on the 14th day of October 2014 by and between the following parties for the consideration stated herein:

FARM-OUT AGREEMENT (PEP 38753) FARMOUT AGREEMENT
Farm-Out Agreement • July 1st, 2003 • Indo Pacific Energy LTD • Oil & gas field exploration services
PRESS RELEASE
Farm-Out Agreement • May 7th, 2021

JX Nippon Oil & Gas Exploration Corporation ("JX NOEX") (Representative Director, President and CEO: Mr. Shigeo Hirai) has entered into a Farm-out Agreement, through JX Nippon Oil & Gas Exploration (Myanmar) Limited, JX NOEX’s wholly owned subsidiary ("JX Myanmar") (President and Representative Director: Mr. Nobuyasu Iida), with PTTEP International Limited ("PTTEPI"), a wholly owned subsidiary of PTTEP for an exploration block in Myanmar, namely Block M-11 offshore Myanmar.

ASX ANNOUNCEMENT
Farm Out Agreement • December 15th, 2022
TERMS OF FARM-OUT AGREEMENT
Farm-Out Agreement • July 22nd, 2014 • Northern Minerals & Exploration Ltd. • Services-amusement & recreation services • Texas

This Agreement shall set forth the terms and conditions of the FARM-OUT AGREEMENT entered into on the 7th day of July 2014 by and between the following parties for the consideration stated herein:

Farm-Out Agreement by and between Thomasson Petroleum Enterprises, Inc. and KY USA Energy, Inc. dated January 21, 2010
Farm-Out Agreement • February 16th, 2010 • Kentucky USA Energy, Inc. • Crude petroleum & natural gas
Eni farms out to Qatar Petroleum a 30% participating interest in Tarfaya Offshore Petroleum Agreement, offshore Morocco
Farm Out Agreement • March 13th, 2019

The Tarfaya Area is located in the southern part of the Moroccan offshore shallow waters in water depth up to 1,000 meters and covers a total area of approximately 23,900 km2. Eni, through its subsidiary Eni Maroc, and Office National des Hydrocarbures et des Mines (ONHYM) currently hold a participating interest of 75% and 25% respectively with Eni acting as Operator.

FORMAL AGREEMENT
Farm-Out Agreement • July 2nd, 2008 • Cobra Oil & Gas CO • Drilling oil & gas wells

This formal farm-out agreement (hereinafter referred to as the “Agreement”) is between Coastal Petroleum Company (hereinafter referred to as “Coastal”) and Cobra Oil & Gas Company (hereinafter referred to as “Cobra”). Coastal and Cobra are sometimes collectively referred to as the “Parties”.

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Contract
Farm Out Agreement • October 15th, 2009

ASX Release 15 October 2009 BLACK RANGE MINERALS LIMITEDLevel 2 / 675 Murray Street WEST PERTHAustraliaTel: +61 8 9481 4920Fax: +61 8 9226 2027 Contact: Mike Haynes Managing Director E-mail: info@blackrangeminerals.com Tel: +61 8 9481 4920 Directors / Officers: Alan ScottMike Haynes Duncan Coutts Timothy Flavel Issued Capital:638.0 million shares100.3 million options Australian Stock Exchange Symbol: BLR & BLRO KOONENBERRY BASE METAL PROJECT – FARM OUT AGREEMENT Black Range Minerals Limited (“Black Range” or “Company”) is pleased to advise that it has entered into an agreement with Great Western Minerals Limited (“Great Western”), whereby Great Western has the right to earn an interest in the Company’s Koonenberry Base Metal Project in New South Wales by managing and funding further exploration at the project. The agreement concerns the Company’s exploration licences EL6400 and EL6464 in NSW (the “tenements”), covering approximately 600km2. A summary of the terms are: i. Great Western

FARM OUT AGREEMENT
Farm Out Agreement • June 29th, 2015 • Supernova Energy, Inc. • Crude petroleum & natural gas

THIS Farm out Agreement is made and entered into on this 25th day of June 2015, by and between the undersigned, SUPERNOVA ENERGY, whose address is 7230 Indian Creek Lane #201 Las Vegas NV 89149, hereinafter referred to as “SUPERNOVA”, and OMR Drilling and Acquisition LLC, a Kentucky corporation, whose address is 5405 S. Highway 127, Albany, Kentucky, hereinafter referred to as “OMR DRILLING”.

Farm Out Agreements, Grades, and Airports
Farm Out Agreement • February 8th, 2017

When setting up a Farm agreement, there is a field where you can enter the Grade of that affiliate. We recommend using letter grades rather than numbers.

January 06, 2006
Farm-Out Agreement • December 17th, 2014
FARM OUT AGREEMENT
Farm Out Agreement • April 4th, 2003 • Continental Energy Corp/ Bc • Crude petroleum & natural gas

THIS FARM OUT AGREEMENT (this “Agreement” or “FOA”), is made as of the 3rd day of March 2003, (the “Signature Date”) by and amongst the following, who are sometimes hereinafter referred to individually as a “Party” and collectively as the “Parties”:

FARM-OUT AGREEMENT SIGNED STANDARD EXPLORATION LICENCE 1/11 BARRYROE OIL AND GAS FIELD, NORTH CELTIC SEA
Farm-Out Agreement • November 30th, 2020

PROVIDENCE RESOURCES plc (“PROVIDENCE”) and LANSDOWNE OIL & GAS plc (“LANSDOWNE”) HAVE AGREED TO FARM-OUT A 50% WORKING INTEREST IN THE BARRYROE OIL AND GAS FIELD TO SPOTON ENERGY LTD, A NORWEGIAN BASED RESOURCES COMPANY PARTNERING WITH A CONSORTIUM OF INTERNATIONAL SERVICE PROVIDERS TO FUND, DEVELOP AND PRODUCE THE BARRYROE OIL AND GAS FIELD.

NOTICE TO INVESTORS
Farm Out Agreement • May 24th, 2019

On May 17th, 2019, Compañía General de Combustibles S.A. (the “Company”) signed together with Echo Energy Plc. (“Echo Energy”), two addendum agreements to the Farm Out Agreements executed on October 31st, 2017, for the exploration of four blocks in certain areas of the Austral basin, in the Santa Cruz province.

Contract
Farm-Out Agreement • August 21st, 2013
Contract
Farm Out Agreement • March 29th, 2016
The company signs a Farm-Out Agreement to enter into an Exploration license located in the Moroccan offshore
Farm-Out Agreement • March 30th, 2016

The agreement provides the Operatorship to Eni and a 40% stake of the license as well as the exploration rights over an area of 10,780 square kilometers, with a water depth ranging from 150m to 3,500m so far unexplored and with the prospect of finding liquid hydrocarbons.

GOLDEN CROSS RESOURCES LTD
Farm-Out Agreement • June 13th, 2007

GCR, through its wholly-owned subsidiary Gold Cross Operations Pty Ltd (“GCO”), has entered into farm-in and joint venture agreements with Kempfield Silver Pty Ltd (“KS”) over GCO’s 100%-owned Kempfield, Sunny Corner and West Wyalong properties. KS has a focus on silver, and aims to list on ASX during 2007.

Heron Resources Limited
Farm-Out Agreement • October 9th, 2019
MEO Australia Limited
Farm-Out Agreement • July 22nd, 2013

Level 23 Tel: +61 3 8625 6000 500 Collins Street Fax: +61 3 9614 0660 M□lbourne Victoria 3000 Email: admin@meoaustralia.com.au Australia Website: www.meoaustralia.com.au

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