EXHIBIT 10.4 FARMOUT AGREEMENT FOR COLE CREEK UNIT, WY FARMOUT AGREEMENT (COLE CREEK UNIT) THIS FARMOUT AGREEMENT made and entered into on the _ day of , 2014 by and between Red Hawk Oil Exploration, Inc., a Wyoming corporation, with its principal...Farmout Agreement • March 12th, 2015 • T-Rex Oil, Inc. • Crude petroleum & natural gas • Wyoming
FARMOUT AGREEMENTFarmout Agreement • September 29th, 2022 • England and Wales
TABLE OF CONTENTS CLAUSE 1 DEFINITIONS 4 CLAUSE 2 TRANSFER OF INTEREST 8 CLAUSE 3 CONDITIONS TO TRANSFER 10 CLAUSE 4 CONSIDERATION 15 CLAUSE 5 INTERIM PERIOD 22 CLAUSE 6 REPRESENTATIONS AND WARRANTIES OF THE PARTIES 24 CLAUSE 7 TAX 33 CLAUSE 8 CONFIDENTIALITY 35 CLAUSE 9 NOTICES 36 CLAUSE 10 LAW AND DISPUTE RESOLUTION 37 CLAUSE 11 FORCE MAJEURE 39 CLAUSE 12 DEFAULT 39 CLAUSE 13 GENERAL PROVISIONS 41 EXHIBITS:
March 21, 2012 John P. Barton, Chairman Rockdale Resources, Inc. 11044 Research Blvd. Suite A-200 Austin, Texas 78759 RE: Letter of Agreement for Farmout of Milam County “Airport Lease” Dear John,Farmout Agreement • August 14th, 2013 • Rockdale Resources Corp • Wholesale-furniture & home furnishings • Texas
As we have discussed, this letter outlines the agreement between Rockdale Resources, Inc., (“Rockdale”) and Kingman Operating Company, Inc., (“Kingman”) whereby (a) Kingman will farmout its leasehold rights in 200 acres under that certain Paid Up Oil and Gas Lease described below, (b) Rockdale will have an exclusive option to farmout an additional 300 acres of Kingman’s leasehold rights under that Paid Up Oil and Gas Lease, (c) Kingman will serve as the operator for the wells drilled on the aforementioned 200-acres and 300-acres and will drill all such wells on a turn-key basis, (d) Rockdale will assign to Kingman a 10% working interest in each such well after “Payout” (defined herein), (e) Rockdale will convey to Kingman 1.6 million shares of Rockdale’s capital stock, (f) Rockdale will pay the expense of office space for Kingman in Austin, Texas for a period of time, and (g) Rockdale and Michael Smith will enter into an employment agreement whereby Mr. Smith will serve as CEO of Rockd
FARMOUT AGREEMENT BETWEENFarmout Agreement • November 8th, 2022 • New York
THIS FARMOUT AGREEMENT (this “Agreement”) is entered into on the 13th day of March, 2009, by and between Far East Energy (Bermuda), Ltd., a company existing under the laws of Bermuda (hereinafter referred to as “Farmor”) and Arrow Energy International Pte Ltd, a company organized under the laws of the Republic of Singapore (hereinafter referred to as “Farmee”). The companies named above, and their respective successors and assignees (if any), may sometimes individually be referred to as “Party” and collectively as the “Parties”.
1 EXHIBIT 10.25 FORM OF FARMOUT AGREEMENT 2001 FARMOUT AND OPTION AGREEMENT PROSPECT #__ (___________________) (UXP'S CONTRACT NUMBER __________) THIS AGREEMENT, is entered into between United States Exploration, Inc., with an office at 1560 Broadway,...Farmout Agreement • April 11th, 2001 • United States Exploration Inc • Wholesale-petroleum & petroleum products (no bulk stations) • Colorado
Re: FARMOUT AGREEMENTFarmout Agreement • August 8th, 2007 • Park Place Energy Corp. • Services-business services, nec • Alberta
Bounty Developments Ltd. (“Bounty”) is the holder of the title documents covering the Farmout Lands described in Schedule “A” and has agreed to farmout a portion of its interests in the Farmout Lands to Park Place Energy Inc. on the following terms and conditions:
Bruce N. Huff Chief Financial Officer Far East Energy Corporation 400 N. Sam Houston Parkway East, Suite 205 Houston, Texas 77060 December 19, 2005 Mr. Steve M. Park Vice President ConocoPhillips China, Inc. Oasis 3072 600 North Dairy Ashford Houston,...Farmout Agreement • December 21st, 2005 • Far East Energy Corp • Crude petroleum & natural gas • Texas
EX-10.2 3 laramiefarmoutagreement.htm LARAMIE FARMOUT AGREEMENT FARMOUT AGREEMENT Rio Blanco County and Moffat County, ColoradoFarmout Agreement • May 5th, 2020 • Colorado
This Farmout Agreement ("Agreement") is entered into this 14th day of November, 2008, by and between Laramie Energy II, LLC, (hereinafter referred to as "Laramie") and Dejour Energy (USA) Corp., (hereinafter referred to as "Dejour") and Brownstone Ventures (US), Inc., (hereinafter referred to as "Brownstone") (Dejour and Brownstone are, sometimes, hereinafter collectively referred to as "Dejour/Brownstone"). Laramie and Dejour/Brownstone may be referred to individually as a "Party" or collectively as the "Parties."
FARMOUT AGREEMENTFarmout Agreement • April 29th, 2010 • Dynamic Hydrocarbons Ltd. • Crude petroleum & natural gas
STONE CANYON RESOURCES, INC., a body corporate registered in the State of Colorado, USA, and having an office at the City of Calgary, in the Province of Alberta, Canada
SHOAL POINT ENERGY CONCLUDES DEFINITIVE FARMOUT AGREEMENT WITH BLACK SPRUCE EXPLORATION FOR ITS GREEN POINT SHALE LICENSES,Farmout Agreement • January 14th, 2013
Toronto, Ontario: Shoal Point Energy Ltd. (“Shoal Point” “SPE” or the “Company”) (SHPNF on OTCQX) (SHP on CNSX) has concluded a Farmout Agreement (“Agreement”) with Black Spruce Exploration Corp. (“BSE”), a subsidiary of Foothills Capital Corp. This Agreement follows a Letter of Intent between the two parties as announced on December 17, 2012. The Agreement contemplates the continued exploration and development of SPE’s approximately 720,000 gross acres of Green Point “oil-in-shale” rights in offshore west Newfoundland.
1048136 ALBERTA LTD. 302 – 1505 West 2nd Avenue Vancouver, British Columbia Canada V6H 3Y1 Tel: (604) 739-6727 Fax: (604) 739-6729Farmout Agreement • February 4th, 2004 • Silver Star Energy Inc • Functions related to depository banking, nec • British Columbia
This Agreement outlines the terms upon which 1048136 Alberta Ltd. (“1048136”) will grant to Movito Holdings Ltd. a farmin opportunity (the “Farmin”) on certain lands known as the “Verdigris Prospect”, located in the Province of Alberta.
EX-99.1 3 ex991.htm FARMOUT AGREEMENT FARMOUT AGREEMENTFarmout Agreement • May 5th, 2020 • Washington
THIS FARMOUT AGREEMENT MADE BY AND BETWEEN DAYBREAK OIL AND GAS, INC., a Washington Corporation, hereinafter referred to as "DAYBREAK" and MONARCH GULF EXPLORATION INC., a Washington Corporation, hereinafter referred to as "MONARCH"
1048136 ALBERTA LTD. 302 – 1505 West 2nd Avenue Vancouver, British Columbia Canada V6H 3Y1 Tel: (604) 739-6727 Fax: (604) 739-6729Farmout Agreement • February 4th, 2004 • Silver Star Energy Inc • Functions related to depository banking, nec • British Columbia
This Agreement outlines the terms upon which 1048136 Alberta Ltd. (“1048136”) will grant to Movito Holdings Ltd. a farmin opportunity (the “Farmin”) on certain lands known as the “Evi Prospect”, located in the Province of Alberta.
Phillips China Inc. 600 N. Dairy Ashford Rd. Houston, Texas 77079 December 15, 2003 Mr. Michael R. McElwrath Chairman & CEO Far East Energy Corporation 400 N. Sam Houston Parkway East, Suite 205 Houston, Texas 77060 Re: Amendment to Farmout Agreement...Farmout Agreement • March 15th, 2005 • Far East Energy Corp • Crude petroleum & natural gas • Texas
FARMOUT AGREEMENTFarmout Agreement • April 21st, 2003 • Texen Oil & Gas Inc • Metal mining • Texas
THIS AGREEMENT is entered into by and among Texas Brookshire Partners, Inc., whose address is 10603 Grant Rd., Houston, Texas 77070 (hereinafter collectively referred to as "Farmor") and Texas Energy Exploration II, LLC, whose address is 457 Eden Ranch Dr., Canyon Lake, Texas 78133 (hereinafter referred to as "Farmee").
BLUE HAWK FARMOUT AGREEMENTFarmout Agreement • August 4th, 2010 • Energen Resources, Inc.
WHEREAS Speebo has agreed to farmout its 100% undivided interest in the Blue Hawk Gold property claims near Kelowna, British Columbia (hereinafter called the “Acquisition Lands”) as set forth in the attached Schedule "A" to BUYER on the terms and conditions set out in this Agreement;
FARMOUT AGREEMENTFarmout Agreement • November 14th, 2012 • Delta Oil & Gas Inc • Oil & gas field exploration services
THIS FARMOUT AGREEMENT (“Agreement”) is made effective the 7th day of September, 2012 between Delta Oil & Gas, Inc. (hereinafter referred to as “Delta”) and MPG King City Project, L.P., (hereinafter referred to as “MPG”).
1048136 ALBERTA LTD. c/o 1800, 999 West Hastings Street Vancouver, British Columbia Canada V6C 2W2Farmout Agreement • October 3rd, 2005 • Cascade Energy, Inc. • Agricultural production-crops • British Columbia
FARMOUT AGREEMENTFarmout Agreement • March 18th, 2013 • Norstra Energy Inc • Crude petroleum & natural gas • Nevada
Summit West Oil, LLC, a company incorporated under the laws of the State of Washington and having an office at 1048 West 11th. Avenue, Spokane, WA 99204
FARMOUT AGREEMENT This Farmout Agreement dated the 19th day of December, 2006 is BETWEEN:Farmout Agreement • January 8th, 2007 • Tekoil & Gas Corp • Oil & gas field services, nec • Alberta
PTARMIGAN RESOURCES LTD., a body corporate having an office in the City of St. John’s in the Province of Newfoundland (hereinafter referred to as “Ptarmigan”)
FARMOUT AGREEMENT Rio Vista Gas Field Cache Slough Prospect Solano County, CaliforniaFarmout Agreement • May 26th, 2005 • Delta Oil & Gas Inc • Oil & gas field exploration services
THIS AGREEMENT is made effective the 25th day of May, 2005 between Production Specialties Company (hereinafter referred to as “PSC”) and Delta Oil and Gas, Inc. (hereinafter referred to as “DOG”).
Formal Farmout Agreement - Petroleum Exploration Australia LimitedFarmout Agreement • February 15th, 2008
Central Petroleum Limited, (“Central”-ASX symbol: “CTP”) – operator of Australia’s largest onshore acreage holding - has executed a formal Farmout Agreement and Joint Operating Agreement with Sydney-based Petroleum Exploration Australia Ltd. (“PXA”) to jointly finance a major seismic and drilling program in the Northern Territory.
FARMOUT AGREEMENT BY AND BETWEEN SCS CORPORATION LTD. AS FARMOR, AND SOUTH ATLANTIC PETROLEUM LIMITED AS FARMEE DATED MARCH 30, 2017Farmout Agreement • April 6th, 2017 • Hyperdynamics Corp • Crude petroleum & natural gas • England and Wales
THIS FARMOUT AGREEMENT (this “Agreement”) is made and entered on March 30, 2017 (the “Execution Date”) by and between SCS Corporation Ltd., a company registered in the Cayman Islands, with its address at 12012 Wickchester Lane, Suite 475, Houston, TX 77079, USA, a wholly owned subsidiary of Hyperdynamics Corporation, a Delaware corporation traded on the OTCQX (the “Farmor”), and South Atlantic Petroleum Limited, a company registered under the laws of the Federal Republic of Nigeria, with its registered address at 11th and 12th Floors, South Atlantic Petroleum Towers, 1 Adeola Odeku Street, Victoria Island, Lagos, Nigeria (the “Farmee”). Farmor and Farmee are collectively referred to herein as the “Parties” and individually referred to as a “Party.”
FARMOUT AGREEMENT Toole County, MontanaFarmout Agreement • October 31st, 2013 • Axiom Oil & Gas Corp. • Services-management consulting services • Montana
Now, therefore, for and in consideration of $100.00, the promises set forth below and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:
1048136 ALBERTA LTD. c/o 1800, 999 West Hastings Street Vancouver, British Columbia Canada V6C 2W2Farmout Agreement • June 20th, 2005 • Cascade Energy, Inc. • Special industry machinery, nec • British Columbia
This Agreement outlines the terms upon which 1048136 Alberta Ltd. (“1048136”) will assign and grant to Cascade Energy, Inc. a farmin opportunity on certain lands known as the “Empress Prospect”, located in the Province of Alberta.
FARMOUT AGREEMENT THIS FARMOUT AGREEMENT ("Agreement") is made and entered into as of July 10, 1997, by and among SOCO EXPLORATION (THAILAND) COMPANY LIMITED, a juristic person organized and existing under the laws of Thailand ("SOCO Exploration"),...Farmout Agreement • July 14th, 1997 • Territorial Resources Inc • Crude petroleum & natural gas • Delaware
Something Old, Something New: The Evolving Farmout AgreementFarmout Agreement • March 29th, 2010
The three most important instruments for oil and gas development have been and continue to be the oil and gas lease, the joint operating agreement, and the farmout agreement. Of the three, the lease is by far the most senior,1 and it has received the most analysis by commentators and the courts. However, as Professor John Lowe notes in his compre- hensive article on farmout agreements,2 since the end of World War II, the oil and gas farmout has become nearly as important as the oil and gas lease. He believes this is in part a reaction to the increased risks and costs of deeper drilling and the proliferation of small oil companies anx- ious to make deals with their larger brethren.3 This article will define a farmout agreement, review the basis for its structure (the goals of the parties and applicable tax law), and identify its key characteristics. It will then address selected issues involving farmouts, with an emphasis on recent cases. Finally, it will consider the evolution of the f
Re: Farmout AgreementFarmout Agreement • July 15th, 2004 • Netco Energy Inc • Oil & gas field exploration services
This Agreement reflects terms and conditions that are acceptable to both Moxie Exploration Ltd. ("Moxie") and Netco Energy Inc. ("Netco").
BULLS N' BEARS ANNOUNCEMENTSFarmout Agreement • May 26th, 2022
AMENDMENT NO. 2 FARMOUT AGREEMENTFarmout Agreement • November 29th, 2011 • Gulf United Energy, Inc. • Metal mining • Texas
This Amendment No. 2 to the Farmout Agreement (this “Agreement”) is entered into November 28, 2011 to be effective on October 30, 2011 (of “Amendment No. 2 Effective Date”) between SK INNOVATION CO., LTD. (formerly known as SK Energy Co., Ltd.), a corporation organized and existing under the laws of the Republic of Korea (“Farmor”), and GULF UNITED ENERGY DE COLOMBIA LTD., a company organized and existing under the laws of the British Virgin Islands (“Farmee”). Farmor and Farmee are sometimes referred to collectively as “Parties” and individually as “Party.”
FARMOUT AGREEMENTFarmout Agreement • April 30th, 2007 • Majestic Oil & Gas • Drilling oil & gas wells
THIS AGREEMENT, made and entered into as of the ______ day of , 2007, by and between ALTAMONT OIL & GAS, INC., P.O. Box 488, Cut Bank, MT 59427 and NUMBERS, INC., 1500 Manulife Place, 10180 - 202 Street, Edmonton, AB T5J 4K1, referred to as “FARMOR”, and MAJESTIC OIL & GAS, INC., CBM Building, Cut Bank, MT 59427, hereafter referred to as “FARMEE”,
Bayshore Exploration L.L.C. 20501 Katy Freeway, Suite 216Farmout Agreement • March 19th, 2007 • Paxton Energy Inc • Crude petroleum & natural gas • Texas
This Farmout Agreement is entered into on this 29th day of December, 2006, by and between Bayshore Exploration L.L.C. (“Bayshore”), as Farmor, and Paxton Energy, Inc. (“Paxton”), as Farmee, pertaining to the Fiedler No. 1 Well located on the Storey Ranch Prospect in La Salle County, Texas. The parties hereto agree to the following terms and conditions:
FARMOUT AGREEMENT THIS FARMOUT AGREEMENT made and entered into this 3rd day of September, 1999, by and between TENGASCO, INC. of 603 Main Avenue, Suite 500, Knoxville, Tennessee 37902, hereafter referred to as TI, party of the first part, and Miller...Farmout Agreement • May 29th, 2001 • Miller Petroleum Inc • Crude petroleum & natural gas
June 1, 2006Farmout Agreement • July 24th, 2006 • Dune Energy Inc • Oil & gas field services, nec • Texas
FARMOUT AGREEMENTFarmout Agreement • February 27th, 2004 • Knight Resources LTD • Alberta
WHEREAS the Farmor holds an undivided 100% interest in the Title Documents and the Farmout Lands and has agreed to farmout a portion of such interest to the Participant in accordance with the provisions hereof;
