Seismic Option Agreement Sample Contracts

RE: Seismic Option Agreement
Seismic Option Agreement • August 8th, 2007 • Park Place Energy Corp. • Services-business services, nec • Alberta

Bounty Developments Ltd. (“Bounty”) is the holder of an undivided 100% Working Interest in the Title Documents covering the Farmout Lands described in Schedule “A” and has agreed to option its interests in the Farmout Lands to Damascus (“Damascus”) and Park Place Energy Inc. (“Park Place”) on the following terms and conditions.

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