Leasehold Acquisition and Development Agreement Sample Contracts

AMENDMENT TO LEASEHOLD ACQUISITION AND DEVELOPMENT AGREEMENT
Leasehold Acquisition and Development Agreement • January 5th, 2024 • Trio Petroleum Corp. • Crude petroleum & natural gas

This AMENDMENT TO LEASESHOLD ACQUISITION AND DEVELOPMENT AGREEMENT (the “Amendment”), dated as of December 29, 2023 (the “Effective Date”) is by and between HEAVY SWEET OIL LLC (“HSO”) and TRIO PETROLEUM CORP (“TPET” and together with HSO, the “Parties”), and amends that certain Leasehold Acquisition and Development Agreement entered into by and between the Parties, dated as of November 10, 2023 (the “Option Agreement”). Capitalized terms used but not otherwise defined in this Amendment have the respective meanings ascribed to them in the Option Agreement.

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