Participating Interest Agreement Sample Contracts

PARTICIPATING INTEREST AGREEMENT
Participating Interest Agreement • October 9th, 2007 • Transatlantic Petroleum Corp. • Oil & gas field exploration services • Texas

WHEREAS the Grantor has entered into the TWL Compensation Agreement (the “TWL Compensation Agreement”) dated June 20, 2005 with Tetrarch Limited (“Tetrarch”) (a copy of which is attached hereto as Exhibit A and incorporated herein by reference for all purposes) pursuant to which Tetrarch has agreed to compensate the Grantor for a certain service agreement which Tetrarch was successful in entering into;

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PARTICIPATING INTEREST AGREEMENT
Participating Interest Agreement • August 14th, 2006 • Transatlantic Petroleum Corp. • Oil & gas field exploration services • Texas

WHEREAS the Grantor has entered into the TWL Compensation Agreement (the “TWL Compensation Agreement”) dated June 20, 2005 with Tetrarch Limited (“Tetrarch”) (a copy of which is attached hereto as Exhibit A and incorporated herein by reference for all purposes) pursuant to which Tetrarch has agreed to compensate the Grantor for a certain service agreement which Tetrarch was successful in entering into;

PARTICIPATING INTEREST AGREEMENT
Participating Interest Agreement • December 2nd, 2003 • Suite 101 Com Inc • Drilling oil & gas wells • Alberta

GEOGLOBAL RESOURCES (INDIA) INC., a company incorporated in the Province of Alberta, Canada, and having an office at 200, 630 – 4th Avenue S.W., Calgary, Alberta, T2P 0J9, Canada (“GGR India”); and

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