FINAL RELEASE AND SETTLEMENT AGREEMENTFinal Release and Settlement Agreement • October 5th, 2007 • Tidelands Oil & Gas Corp/Wa • Oil & gas field exploration services • Texas
This agreement is made to be effective as of the 11th day of September, 2007, by and between Tidelands Oil & Gas Corporation (“TIDE”), a Nevada corporation having its principal office at 1862 Bitters Road, Building No. 1, San Antonio, Bexar County, Texas 78248, its wholly owned subsidiary, Tidelands Exploration & Production, Inc. (“TEPI”), a Texas corporation; Michael Ward and Royis Ward (“WARD”) individuals residing at 13707 Bluffgate, San Antonio, Bexar County, Texas 78216; Bentley Energy Corp. (“BENTLEY”) located at _________________, San Antonio, Bexar County, Texas; and Regency Energy, Inc. (“REGENCY”) located at ____________________, San Antonio, Bexar County, Texas. TIDE, TEPI, WARD, BENTLEY and REGENCY are collectively referred to herein as the “Parties.”
