Common use of Termination by Sellers Clause in Contracts

Termination by Sellers. Sellers may, in their sole discretion, terminate this Agreement and all obligations of both Buyers and Sellers hereunder, if funding for the amounts due Sellers hereunder is not received by Sellers or their designees by 5:00 p.m. (E.S.T.) Friday, June 17, 2005. EXECUTED and delivered as of the date first written above. “SELLERS” GEOSTAR CORPORATION By: /s/ XXXX X. XXXXXXX Xxxx X. Xxxxxxx, Vice President FIRST SOURCE TEXAS, INC. By: /s/ XXXX X. XXXXXXX Xxxx X. Xxxxxxx, Vice President FIRST SOURCE BOSSIER, LLC By: /s/ XXXX X. XXXXXXX Xxxx X. Xxxxxxx, on behalf of its Managing Member FIRST TEXAS GAS LP By: /s/ XXXX X. XXXXXXX Xxxx X. Xxxxxxx, on behalf of its General Partner “BUYERS” GASTAR EXPLORATION LTD. By: /s/ J. XXXXXXX XXXXXX J. Xxxxxxx Xxxxxx, President and Chief Executive Officer FIRST TEXAS DEVELOPMENT, INC. By: /s/ J. XXXXXXX XXXXXX J. Xxxxxxx Xxxxxx, President BOSSIER BASIN, LLC By: /s/ J. XXXXXXX XXXXXX J. Xxxxxxx Xxxxxx, on behalf of its Managing Member FIRST SOURCE GAS, LP By: /s/ J. XXXXXXX XXXXXX J. Xxxxxxx Xxxxxx, on behalf of its General Partner

Termination by Sellers. Sellers may, in their sole discretion, terminate this Agreement and all obligations of both Buyers and Sellers hereunder, if funding for the amounts due Sellers hereunder is not received by Sellers or their designees by 5:00 p.m. (E.S.T.) Friday, June 17, 2005. EXECUTED and delivered as of the date first written above. “SELLERS” GEOSTAR CORPORATION By: /s/ XXXX X. XXXXXXX Xxxx X. Xxxxxxx, Vice President FIRST SOURCE TEXASWYOMING, INC. By: /s/ XXXX X. XXXXXXX Xxxx X. Xxxxxxx, Vice President FIRST SOURCE BOSSIERSQUAW CREEK DEVELOPMENT, LLC INC. By: /s/ XXXX X. XXXXXXX Xxxx X. Xxxxxxx, on behalf of its Managing Member FIRST TEXAS GAS LP By: /s/ XXXX X. XXXXXXX Xxxx X. Xxxxxxx, on behalf of its General Partner Vice President “BUYERS” GASTAR EXPLORATION LTD. By: /s/ J. XXXXXXX XXXXXX J. Xxxxxxx Xxxxxx, President and Chief Executive Officer FIRST TEXAS DEVELOPMENTSOURCENERGY WYOMING, INC. By: /s/ J. XXXXXXX XXXXXX J. Xxxxxxx Xxxxxx, President BOSSIER BASINSQUAW CREEK, LLC INC. By: /s/ J. XXXXXXX XXXXXX J. Xxxxxxx Xxxxxx, on behalf of its Managing Member FIRST SOURCE GAS, LP By: /s/ J. XXXXXXX XXXXXX J. Xxxxxxx Xxxxxx, on behalf of its General PartnerPresident

Termination by Sellers. Sellers may, in their sole discretion, terminate this Agreement and all obligations of both Buyers and Sellers hereunder, if . If funding for the amounts due dues Sellers hereunder is not received by Sellers or their designees by 5:00 p.m. (E.S.T.) Friday, June 17, 2005. EXECUTED and delivered as of the date first written above. “SELLERS” GEOSTAR CORPORATION By: /s/ XXXX X. XXXXXXX Xxxx X. Xxxxxxx, Vice President FIRST SOURCE TEXASWYOMING, INC. By: /s/ XXXX X. XXXXXXX Xxxx X. Xxxxxxx, Vice President FIRST SOURCE BOSSIERSQUAW CREEK DEVELOPMENT, LLC INC. By: /s/ XXXX X. XXXXXXX Xxxx X. Xxxxxxx, on behalf of its Managing Member FIRST TEXAS GAS LP By: /s/ XXXX X. XXXXXXX Xxxx X. Xxxxxxx, on behalf of its General Partner Vice President “BUYERS” GASTAR EXPLORATION LTD. By: /s/ J. XXXXXXX XXXXXX J. Xxxxxxx Xxxxxx, President and Chief Executive Officer FIRST TEXAS DEVELOPMENTSOURCENERGY WYOMING, INC. By: /s/ J. XXXXXXX XXXXXX J. Xxxxxxx Xxxxxx, President BOSSIER BASINSQUAW CREEK, LLC INC. By: /s/ J. XXXXXXX XXXXXX J. Xxxxxxx Xxxxxx, on behalf of its Managing Member FIRST SOURCE GAS, LP By: /s/ J. XXXXXXX XXXXXX J. Xxxxxxx Xxxxxx, on behalf of its General PartnerPresident