Field Development Agreement Sample Contracts

MADISONVILLE FIELD DEVELOPMENT AGREEMENT
Field Development Agreement • June 30th, 2006 • Geopetro Resources Co • Oil & gas field exploration services • Texas

This Gas Purchase Contract (this “Agreement”) is made and entered into effective this 1st day of August, 2005 the “Effective Date”) by and between Redwood Energy Production, L.P., a Texas limited partnership (“Seller”), and Madisonville Gas Processing, LP, a Colorado limited partnership (“Buyer”). Seller and Buyer are sometimes hereinafter referred to individually as a “Party,” and collectively as the “Parties.” This Agreement is made subject to that Madisonville Field Development Agreement of even date herewith between Buyer and Seller (the “Development Agreement”), and capitalized terms used and not otherwise defined in this Agreement shall have the meanings given to them in the Development Agreement.

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