OYO FIELD AGREEMENTOyo Field Agreement • April 13th, 2010 • Pacific Asia Petroleum Inc • Drilling oil & gas wells • New York
THIS OYO FIELD AGREEMENT, dated as of April 7, 2010 (this “Agreement”), by and among CAMAC PETROLEUM LIMITED, a company incorporated in the Federal Republic of Nigeria, and a wholly owned subsidiary of Pacific Asia Petroleum, Inc. (“Newco”), CAMAC ENERGY HOLDINGS LIMITED, a Cayman Islands company (“CEHL”), and ALLIED ENERGY PLC (formerly, Allied Energy Resources Nigeria Limited), a company incorporated in the Federal Republic of Nigeria (“Allied”). Each of the parties to this Agreement is individually referred to herein as a “Party” and collectively as the “Parties.”
