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AGREEMENT TO EXTEND TERMINATION DATE

Extension Agreement

AGREEMENT TO EXTEND TERMINATION DATE | Document Parties: Prima Oil & Gas Company | Joseph Associates of Greeley, Inc. You are currently viewing:
This Extension Agreement involves

Prima Oil & Gas Company | Joseph Associates of Greeley, Inc.

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Title: AGREEMENT TO EXTEND TERMINATION DATE
Date: 5/24/2005

AGREEMENT TO EXTEND TERMINATION DATE, Parties: prima oil & gas company , joseph associates of greeley  inc.
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Exhibit 10.4

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       _\|/_

        Prima Oil & Gas Company

                                                         December 13, 2001

 

 

 

 

Unioil

Joseph Associates of Greeley, Inc.

P.O. Box 310

Evans, CO   80620

 

 

                                                    RE:    Farmout/Farmout Option

                                                         Agreement dated 11/7/96

                                                         Weld County, Colorado

 

 

Gentlemen:

 

     Due to the drop in oil and gas prices, Prima Oil & Gas Company decided to

suspend drilling operations until 2002.   We did not feel it was prudent to

develop the reserves at the low prices. Therefore, we respectfully request that

we extend the termination date of our Farmout/Farmout Option Contract until the

end of 2002.

 

     The locations left are as follows:

 

     Township 5 North, Range 65 West

     -------------------------------

     Section 23: SWNE; NESW; SWSE

     Section 24: SWNW

 

     Township 5 North, Range 67 West

      -------------------------------

     Section 11: SE/4; E/2SW/4; NWSW

     Section 22: NW


 
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