Exploration Agreement Sample Contracts

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Asset Purchase and Sale and Exploration Agreement (Kern County, California) (March 10th, 2016)

This Asset Purchase and Sale and Exploration Agreement ("Agreement") is entered into this 4th day of March, 2016 (the "Effective Date"), by and between Compass Global Resources, LLC ("Compass"), an Oklahoma limited liability company, CCF Resources, LLC ("CCF"), an Oklahoma limited liability company, HOPPS Oil Props, LLC ("HOPPS"), a California limited liability company, Chesed Properties, LLC ("Chesed"), an Oklahoma limited liability company, Radiant Energy, LLC ("Radiant"), a Texas limited liability company (Compass, CCF, HOPPS, Chesed and Radiant hereinafter collectively referred to as "Seller"); and Petro River Oil Corporation ("Petro"), a Delaware corporation (Petro hereinafter referred to as "Buyer"). Seller and Buyer are each a "Party" and collectively the "Parties." Tamarack Oil and Gas LLC ("Tamarack"), a Delaware limited liability company, joins in the execution of this Agreement to evidence its acceptance of and agreement to be bound by the terms and provisions hereof with

Tech Foundry Ventures, Inc. – Exporation and Option Agreement Between Walker River Resources Corp and Nevada Canyon Gold Corp. Exploration Agreement With Option to Form Joint Venture (December 22nd, 2015)

THIS EXPLORATION AGREEMENT WITH OPTION TO FORM JOINT VENTURE (LAPON CANYON PROPERTY) (the "Agreement") is made effective this 15th day of September, 2015 (the "Effective Date").

Tech Foundry Ventures, Inc. – DEFINITIVE AGREEMENT for Tech Foundry Ventures, Inc.'s ("TFV") Acquisition of All Interests of Nevada Canyon Gold Corp. ("NCG") in and to an Exploration Agreement (With Option to Form a Joint Venture), With Walker River Resources Corp. ("WRR"), Dated September 15, 2015 (The "Transaction") December 18, 2015 (December 22nd, 2015)

Nevada Canyon Gold Corp. is a private Nevada Corporation that holds all rights, titles and interests in and to an Exploration Agreement with an Option to form a Joint Venture with Walker River Resources Corp., a Canadian public company (TSX.V:WRR) , dated September 15, 2015 (the "Agreement"). WRR owns a 100% undivided interest in and to the Lapon Canyon Gold Property, which is the subject of the Agreement.

LKA Gold Inc – Exploration Agreement and Option (July 13th, 2015)

THIS EXPLORATION AGREEMENT AND OPTION ("Agreement") is dated and effective this 9th day of July, 2015 ("Effective Date") by and between LKA GOLD INCORPORATED, a Delaware corporation ("LKA") and KINROSS GOLD U.S.A, INC., a Nevada corporation ("Kinross").

Hunt Mining Corp – Option of Explotation - Area Exploration Agreement "La Valenciana" (June 30th, 2014)

Between FOMENTO MINERO DE SANTA CRUZ SOCIEDAD DEL ESTADO residing in Alberdi No 643 of the city of Rio Gallegos, Santa Cruz province, represented at this event by its national Vice President Graduate Jorge Raul Valvano document of identity No 8.557.770 on the one hand, hereinafter FOMICRUZ S.E. and on the other the company CERRO CAZADOR S.A., with domicile in passage Feruglio No 157 of the city of Rio Gallegos, Santa Cruz province, represented at this event by its President Graduate Danilo Patricio SILVA, national document of identity No 14.924.939, hereinafter CCSA and set The PARTIES.

Hunt Mining Corp – EXPLORATION AGREEMENT Made Between ELDORADO GOLD CORPORATION and HUNT MINING CORP. Effective May 3, 2012 (March 31st, 2014)
Uranium Resources, Inc. – SECOND AMENDMENT TO EXPLORATION AGREEMENT THIS SECOND AMENDMENT TO EXPLORATION AGREEMENT (This Second Amendment) Is Made and Entered Into Effective as of December 31, 2012, by and Between URI, Inc., a Delaware Corporation, Whose Address for Purposes Hereof Is 405 State Highway 121 Bypass, Building A, Suite 110, Lewisville, Texas 75067 (Hereinafter Referred to as URI), and Cameco Texas Inc., a Texas Corporation, Whose Address for Purposes Hereof Is 2020 Carey Avenue, Suite 600, Cheyenne, Wyoming 82001 (Hereinafter Referred to as Cameco). URI and Cameco Will Be Collectively Referred to Hereinaft (May 10th, 2013)

Now, therefore, for and in consideration of the Agreement and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties mutually agree as follows:

Exploration Agreement (April 9th, 2013)

THIS Exploration Agreement (referred to as the "Agreement") is made and entered into as of this 1st day of March, 2013 between Vecta Oil & Gas, Ltd., a Texas limited partnership, hereinafter called "Vecta", whose address is 575 Union Blvd., Suite 208, Lakewood, Colorado 80228, and Synergy Resources Corporation, a Colorado corporation, hereinafter called "Synergy", whose address is 20203 Highway 60, Platteville, Colorado 80651. For purposes of this Agreement, Vecta and Synergy may be alternately referred to as a "Party" and collectively as the "Parties".

Hunt Mining Corp – Exploration Agreement With Option for Exploitation of La Josefina Mining Area (December 20th, 2012)

By and between FOMENTO MINERO DE SANTA CRUZ SOCIEDAD DEL ESTADO with domicile at Alberdi No. 643 in this city, herein represented by its president, Armando R. TRABA, hereinafter FOMICRUZ S.E. and: the company CERRO CAZADOR S.A. incorporated under an instrument dated February 13, 2006, executed before the Notary of the City of Buenos Aires Felipe Manuel Yofre, on Folio 1 at the Registry No. 4373 under his charge, registered with the Corporate Control Authority (IGJ) on March 30,2006 under number 4879 of Book 31 of Stock Companies, with domicile at Cerrito 1186, 3rd floor, in the Autonomous City of Buenos Aires; and with special domicile in this city of Rio Gallegos at Pasaje Feruglio No. 157; herein represented by its president, Mr. Danilo Patricio SILVA, National Identity Document No. 14.924.939, resident at Alvear Bis 782 in the Town of Pigue, Province of Buenos Aires; by virtue of the designation awarded to said position by the company's articles of incorporation, hereinafter CCSA an

Maverick Mineral Cp – Option and Joint Venture Exploration Agreement (June 12th, 2012)

MAVERICK MINERALS CORPORATION, a company incorporated pursuant to the laws of the State of Nevada having an office at Suite 700 220 Bay Street, Toronto, Ontario M5J 2W4

Uniontown Energy Inc. – Exploration Agreement (June 6th, 2011)

This Exploration Agreement (the Agreement) is entered into on May 30, 2011 (the Effective Date) between Longshot Oil, LLC, (Longshot) and Union Town Energy Inc. (Uniontown). Uniontown and Longshot may be referred to collectively as the Parties or either of them individually as the Party.

Uranium Resources, Inc. – Exploration Agreement (May 13th, 2011)

1.2 "Affiliate" means any person, partnership, joint venture, company, corporation or other form of enterprise which directly or indirectly controls, is controlled by, or is under common control with, a Participant. For purposes of the preceding sentence, and as used elsewhere in this Agreement, "control" means possession, directly or indirectly, of the power to direct or cause direction of management and policies through ownership of voting securities, contract, voting trust or otherwise; provided that members of the board of directors of any Participant or any Affiliate and shareholders owning less than twenty percent (20%) of the publicly held ultimate parent company of any Participant shall not be deemed to be Affiliates hereunder.

Calais Resources Inc – Exploration Agreement (May 9th, 2011)
Uniontown Energy Inc. – Exploration Agreement (April 26th, 2011)

This Exploration Agreement (the Agreement) is entered into on April 8, 2011 (the Effective Date) between Longshot Oil, LLC, (Longshot) and Union Town Energy Inc. (Union Town). Union Town and Longshot may be referred to collectively as the Parties or either of them individually as the Party.

RAAM Global Energy Co – Exploration Agreement (March 17th, 2011)

This agreement (December 2004 Agreement) is made and entered into this 1st day of December 2004, and effective December 1, 2004, between RAAM Global Energy Company (RAAM Global), a Delaware corporation, whose address is 1537 Bull Lea Road, Suite 200, Lexington, Kentucky 40511, and RAAM Exploration, LLC (RAAM Exploration), a Kentucky Limited Liability Company, whose address is 1537 Bull Lea Road, Suite 200, Lexington, Kentucky 40511.

RAAM Global Energy Co – Participation and Exploration Agreement (March 17th, 2011)

THIS PARTICIPATION and EXPLORATION AGREEMENT (Agreement) is made and entered into this 3rd day of August 2009 but effective the 1st day of January 2009 (the Effective Date) between Century Exploration Houston, Inc. (Century), a Delaware corporation, RAAM Global Energy Company (Centurys Parent), a Delaware corporation, and TechXplore, L.P. (TechXplore), a Texas limited partnership. Together, Century and TechXplore are each sometimes referred to individually herein as Participant and collectively as Participants.

Breitling Energy Corp – Exploration Agreement (February 16th, 2011)

This Exploration Agreement (the "Agreement") is entered into on the 7th Day of February of 2011 (the "Effective Date") between , Glaux Oil and Gas LLC, a Texas Limited Liability Company, (referred to as "GLAUX") and Bering Exploration Inc., a Nevada Corporation, (referred to as "BEI"). BEI and GLAUX may be referred to as "Party" and collectively as the "Parties."

Rex Energy Corporation – First Amendment to Participation and Exploration Agreement (October 6th, 2010)

This First Amendment to Participation and Exploration Agreement (this Amendment) dated September 30, 2010 (the Amendment Effective Date), is made by and between Summit Discovery Resources II, LLC (Summit), located at 840 Gessner, Suite 900, Houston, Texas 77024, and Rex Energy I, LLC (Rex I), and R.E. Gas Development, LLC (R.E. Gas), both located at 476 Rolling Ridge Drive, Suite 300, State College, Pennsylvania 16801 (individually or collectively sometimes called Rex), and with Rex and Summit sometimes referred to as the Parties, or separately sometimes referred to as a Party.

Rex Energy Corporation – EXHIBIT HH to Participation and Exploration Agreement Between Summit Discovery Resources II, LLC, Sumitomo Corporation, Rex Energy I, LLC, R.E. Gas Development, LLC, Rex Energy Operating Corp. And Rex Energy Corporation FORM OF PARENT GUARANTY TO BE EXECUTED BY SUMITOMO ON THE CLOSING DATE AS PROVIDED IN SECTION 14.01 GUARANTY (September 3rd, 2010)

WHEREAS, reference is here made for all purposes to the foregoing Participation and Exploration Agreement (the Agreement) between Summit Discovery Resources II, LLC and Sumitomo Corporation, on the one hand, and Rex Energy I, LLC, R.E. Gas Development, LLC, Rex Energy Operating Corp., and Rex Energy Corporation, on the other hand; and terms defined in the Agreement shall have the meaning therein stated when used in this Guaranty; and

Rex Energy Corporation – EXHIBIT L to Participation and Exploration Agreement Between Summit Discovery Resources II, LLC, Sumitomo Corporation, Rex Energy I, LLC, R.E. Gas Development, LLC, Rex Energy Operating Corp. And Rex Energy Corporation AREA ONE TAX PARTNERSHIP AGREEMENT AS PROVIDED IN SECTION 3.10, WHICH IS TO BE USED BY THE PARTIES IN CONNECTION WITH OWNERSHIP AND OPERATION OF REX AREA ONE LEASES AND OTHER PROPERTIES IN THE AREA ONE AMI AREA ONE TAX PARTNERSHIP AGREEMENT TAX PARTNERSHIP PROVISIONS (For Special Elections, See Sections 8 and 9) (September 3rd, 2010)
Rex Energy Corporation – EXHIBIT O to Participation and Exploration Agreement Between Summit Discovery Resources II, LLC, Sumitomo Corporation, Rex Energy I, LLC, R.E. Gas Development, LLC, Rex Energy Operating Corp. And Rex Energy Corporation AREA FOUR TAX PARTNERSHIP AGREEMENT AS PROVIDED IN SECTION 6.05, WHICH IS TO BE USED BY THE PARTIES IN CONNECTION WITH OWNERSHIP AND OPERATION OF REX AREA FOUR LEASE AND OTHER PROPERTIES IN THE AREA FOUR AMI AREA FOUR TAX PARTNERSHIP AGREEMENT TAX PARTNERSHIP PROVISIONS (For Special Elections, See Sections 8 and 9) (September 3rd, 2010)
Rex Energy Corporation – Participation and Exploration Agreement by and Between Summit Discovery Resources Ii, Llc and Sumitomo Corporation and Rex Energy I, Llc, R.E. Gas Development, Llc, Rex Energy Operating Corp., and Rex Energy Corporation (September 3rd, 2010)

THIS PARTICIPATION AND EXPLORATION AGREEMENT, (hereinafter referred to as the Agreement), is made and entered into effective as of August 31, 2010 (Effective Date), by and between Summit Discovery Resources II, LLC (Summit), located at 840 Gessner, Suite 900, Houston, Texas 77024, joined herein solely for the limited purposes stated in Section 14.01 by Sumitomo Corporation (Sumitomo), located at 1-8-11 Harumi, Chuo-ku, Tokyo, 104-8610 Japan (each of Summit and Sumitomo herein sometimes called a Sumitomo Signatory or collectively called Sumitomo Signatories), and Rex Energy I, LLC (Rex I), and R.E. Gas Development, LLC (R.E. Gas), both located at 476 Rolling Ridge Drive, Suite 300, State College, Pennsylvania 16801 (individually or collectively sometimes called Rex), joined herein by Rex Energy Operating Corp. (Rex Operating) and, solely for the limited purposes stated in Section 14.02, by Rex Energy Corporation (Rex Energy), both of 476 Rolling Ridge Drive, Suite 300, State College, Pe

Rex Energy Corporation – EXHIBIT GG to Participation and Exploration Agreement Between Summit Discovery Resources II, LLC, Sumitomo Corporation, Rex Energy I, LLC, R.E. Gas Development, LLC, Rex Energy Operating Corp. And Rex Energy Corporation FORM OF PARENT GUARANTY TO BE EXECUTED BY REX ENERGY ON THE CLOSING DATE AS PROVIDED IN SECTION 14.02 GUARANTY (September 3rd, 2010)

WHEREAS, reference is here made for all purposes to the foregoing Participation and Exploration Agreement (the Agreement) between Summit Discovery Resources II, LLC and Sumitomo Corporation, on the one hand, and Rex Energy I, LLC, R.E. Gas Development, LLC, Rex Energy Operating Corp., and Rex Energy Corporation, on the other hand; and terms defined in the Agreement shall have the meaning therein stated when used in this Guaranty; and

Delta Oil Gas – Exploration Agreement (April 14th, 2010)

Delta warrants that it is duly organized and validly existing under the laws of the jurisdiction where it is organized. Delta has all requisite corporate power and authority to enter into this Agreement, to perform its obligations hereunder, and to consummate the transactions contemplated hereby.

Aurora Creative Group – Amendment 6 to Joint Exploration Agreement (April 8th, 2010)

This Amendment 6 ("Sixth Amendment") to that certain Joint Exploration Agreement ("JEA") dated March 30, 2008 by and between MorMeg, LLC, a Kansas limited liability company, referred to herein as "MorMeg," and EnerJex Resources, Inc., a Nevada corporation, referred to herein as "EnerJex" is effective as of April 1, 2010. MorMeg and EnerJex are jointly referred to herein as "the parties".

3DX Industries, Inc. – Exploration Agreement O (March 4th, 2010)

This Exploration Agreement (Agreement) is made and entered into as of January 28, 2010 (the Effective Date) by and between Carlin Gold Resources, Inc. (CARLIN), a company incorporated in the State of Nevada USA, and Trio Gold Corp (TRIO), a company incorporated in the Province of Alberta Canada (collectively, the Parties).

3DX Industries, Inc. – ASSIGNMENT OF EXPLORATION AGREEMENT BETWEEN CARLIN GOLD RESOURCES INC. AND TRIO GOLD CORP. ASSIGNMENT Made This__22____ Day of February 2010. (March 4th, 2010)

Assignor is the owner of an agreement between Carlin and Trio Gold Corp. dated January 28, 2010 and a copy of which is attached hereto as Exhibit A (Agreement);

Rex Energy Corporation – Participation and Exploration Agreement (June 24th, 2009)

THIS PARTICIPATION AND EXPLORATION AGREEMENT, (hereinafter referred to as the Agreement), is made and entered into effective as of May 5, 2009 (Effective Date), by and between Williams Production Company, LLC (Williams Production) and Williams Production Appalachia, LLC (Williams Appalachia), both of One Williams Center, Suite 2600, Tulsa, Oklahoma 74172 (Williams Production and Williams Appalachia herein sometimes collectively and jointly and severally called Williams), and Rex Energy I, LLC and R. E. Gas Development, LLC, both located at 476 Rolling Ridge Drive, Suite 300, State College, Pennsylvania 16801 (together Rex), joined herein for the limited purposes stated in Section 13.01 by Rex Energy Corporation (Rex Energy) and Rex Energy Operating Corp. (Rex Operating), both of 476 Rolling Ridge Drive, Suite 300, State College, Pennsylvania 16801 (each of Rex and Rex Energy and Rex Operating herein sometimes called a Rex Signatory or collectively called Rex Signatories), and with Will

Rex Energy Corporation – Exhibit F Attached to and Made a Part of the Participation and Exploration Agreement Between Rex and Williams, as Defined Therein. TAX PARTNERSHIP PROVISIONS (For Special Elections, See Sections 8 and 9) (June 24th, 2009)
Piedmont Mining – March 10, 2009 Nevada Eagle Resources LLC 1130 West Pender Street, Suite 810 Vancouver, BC, Canada V6E 4A4 Re: Letter of Intent: Argentite Property Dear Mr. Key: (March 16th, 2009)

Piedmont Mining Company, Inc., a North Carolina corporation ('Piedmont'), would like to propose the following terms for an exploration and earn-in agreement with Nevada Eagle Resources LLC ('NER'), a wholly owned subsidiary of Gryphon Gold Corporation, regarding the Argentite property, situated approximately 12 miles West of Silverpeak in Esmeralda County, Nevada. Following execution of this Letter of Intent ('LOI'), the parties will negotiate and execute an 'Exploration Agreement with Option to Form Joint Venture' (the 'Agreement'), after the gold price exceeds $1,000 per ounce for more than 25 consecutive days or after 90 days from the signing of this LOI, whichever occurs first.

Miranda Gold Corp – Exploration Agreement With Option to Form Joint Venture (Coal Canyon Project) (December 24th, 2008)

THIS EXPLORATION AGREEMENT WITH OPTION TO FORM JOINT VENTURE (COAL CANYON PROJECT) (the Agreement) is made effective this March 11, 2008 (the Effective Date) by and among MIRANDA U.S.A., INC., a Nevada corporation (Miranda); and QUEENSGATE RESOURCES US INC., a Nevada corporation (Queensgate); and QUEENSGATE RESOURCES CORPORATION, a corporation constituted under the Canadian Business Corporation Act (Queensgate Canada).

Piedmont Mining – Exploration Agreement With Option to Form Joint Venture (Willow Creek Property) (June 23rd, 2008)

THIS EXPLORATION AGREEMENT WITH OPTION TO FORM JOINT VENTURE (WILLOW CREEK PROPERTY) (the Agreement) is made effective this 16th day of June, 2008 (the Effective Date) by and between CARLIN GOLD US INC., a Nevada corporation (Carlin US); and PIEDMONT MINING COMPANY, INC., a North Carolina corporation (Piedmont).

Pan American Goldfields – Exploration Agreement and Purchase Option (June 13th, 2008)

This Exploration agreement and Option Purchase is celebrated in the city of Chihuahua, Chihuahua State dated November 20, 2007.

Pan American Goldfields – Exploration Agreement and Purchase Option (June 13th, 2008)

SUNBURST MINING DE MEXICO S.A. DE C.V. Corporation under the laws of the MEXICO represented in this act for MR. MARIO HUMBERTO AYUB TOUCHE and ROBERT WAYNE KNIGHT in its character legal representatives with general powers to lawsuits and collection and acts of administration, residing in Av. Division del Norte #305, Col. San Felipe, Chihuahua, Chih. C.P. 31063 (Hereinafter "Explorer").

U.S. Energy Corp. – Contract (May 14th, 2008)