0000893220-05-002373 Sample Contracts

EXPLORATION AND DEVELOPMENT AGREEMENT
Exploration and Development Agreement • October 25th, 2005 • American Natural Energy Corp • Crude petroleum & natural gas

This EXPLORATION AND DEVELOPMENT AGREEMENT (the “Agreement”) is effective as of the 26th day of August, 2005 (“Effective Date”), by and between American Natural Energy Corporation (“ANEC”), an Oklahoma corporation, and Dune Energy, Inc. (“Dune”) hereinafter collectively referred to as the (“Parties”) or individually as a (“Party”).

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