AgreementAgreement • July 11th, 2007 • Providence Resources Inc • Crude petroleum & natural gas
This will confirm the agreement between Providence Resources, Inc., a Texas corporation, with offices located at 2610-1066 West Hastings Street, Vancouver, British Columbia V6E 3X2 (“Providence”) and Miller Operating LLC and Miller Energy LLC., Delaware limited liability companies (and certain of their stockholders and officers to be designated by Marsden Miller), with offices at 850 Kaliste Saloom Road, Suite 219, Lafayette, Louisiana 70508 (collectively “Miller” as appropriate in this agreement), pursuant to which Miller Operating will manage the exploration, drilling, development and production activities of Providence’s Val Verde prospect (sometimes referred to as the “Prospect”) as provided for in this agreement and related attachments. Miller will also overlook and manage the activities of Providence’s acreage in Comanche and Hamilton Counties, Texas, where Providence has drilled four wells testing the Barnett Shale.
