Option and Joint Development Agreement Sample Contracts

Option and Joint Development Agreement (Nickletown Project)
Option and Joint Development Agreement • November 15th, 2011 • EnerJex Resources, Inc. • Crude petroleum & natural gas • Kansas

This Option and Joint Development Agreement (the “Agreement”) is made and entered into, effective as of August __, 2011 (the “Effective Date”), by and among EnerJex Resources, Inc., a Nevada corporation (“EnerJex” or the “Company”)” and MorMeg, LLC, a Kansas limited liability company (“MorMeg”, and together with the Company, the “Parties”), with reference to the following facts:

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