EXHIBIT 10.4
[EEX LETTERHEAD]
July 17, 2002
BP Exploration & Production Inc.
Attention: Mr. X. Xxxxx Xxxxxxxxx
000 XxxxXxxx Xxxx Xxxxxxxxx
Xxxxxxx, Xxxxx 00000
Re: AMENDATORY LETTER TO AREA OF MUTUAL
INTEREST AGREEMENT
Asset Purchase, Farmout & Joint
Exploration Agreement dated March 1,
2002
Treasure Island Project
OCS Gulf of Mexico
Gentlemen:
Reference is made to that certain Area of Mutual Interest Agreement ("AMI
Agreement") dated May 8, 2002, by and between EEX Corporation ("EEX") and BP
Exploration & Production Inc. ("BP").
Due to circumstances arising as a result of the anticipated merger of EEX and
Newfield Exploration Company, EEX respectfully requests that BP agree to amend
the AMI Agreement to provide for an extension of time in which EEX may provide
written notification to BP of its desire to revise the AMI Provisions to limit
the AMI depths, as set forth in the AMI Agreement.
Therefore, by its execution in the manner provided hereinbelow, BP agrees to
amend the AMI Agreement such that the date August 15, 2002 shall be deleted
wherever it appears in the AMI Agreement, and substituted therefor shall be the
date November 30, 2002.
Please note that two originals of this letter are enclosed for execution by BP.
One of the originals should be returned to EEX. The remaining original is to be
retained by you for your files.
EEX greatly appreciates the cooperation of BP in this matter. Should you require
any clarification or additional information, please contact the undersigned at
(000) 000-0000.
Sincerely yours,
EEX CORPORATION
/s/ Xxx Xxxxx
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Xxx Xxxxx
Land Manager-Offshore
AGREED TO AND ACCEPTED THIS 25/th/ DAY OF July, 2002
BP EXPLORATION & PRODUCTION INC.
By: /s/ Xxxx X. Xxxxxxxx
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Printed Name: Xxxx X. Xxxxxxxx
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Title: Attorney-in-Fact
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