EX-10.17
from SB-2/A
4 pages
April 14, 2004 1. Subject to the Terms and Conditions of the Efsa, the Bacaroo Project Was Shown to Fellows as a Formal Presentation on March 9, 2004. 2. Pursuant to Thomasson’s Exploration Service Funding Agreement With the Houston Exploration Company (“Houston”) Dated January 13, 2003, the Circus Project Was Also Shown to Houston. Houston Has Elected Not to Participate in This Project. 3. Subject to the Terms and Conditions of the Efsa, Fellows Hereby Elects and Agrees to Purchase One Hundred Percent (100.00%) of the Bacaroo Project. 4. Subject to the Terms and Conditions of the Efsa That the Geographical Definition of the Area of Mutual Interest for the Bacaroo Project, Shall Be as Follows: All of Townships 32 South, Ranges 41 Through 46 West, 6th Pm. All of Townships 33 South, Ranges 41 Through 46 West, 6th Pm. All of Townships 34 South, Ranges 41 Through 46 West, 6th Pm. All of Townships 35 South, Ranges 41 Through 46 West, 6th Pm., (All Township Are Located in Baca County, Colorado) 5. That Fellows’ Election Date to Purchase the Bacaroo Project Shall Be April 14, 2004 and That Fifty Percent (50%) of Thomasson’s Project Fee, as Defined in the Efsa, Shall Be Paid to Thomasson by Fellows No Later That April 26, 2004. 6. That All of the Terms and Conditions Contained in the Efsa Shall Govern Fellows’ Operations on and in the Bacaroo Project. Please Signify Your Acceptance and Agreement to the Foregoing by Signing and Returning One (1) Copy of This Letter to the Undersigned
12/34/56
EX-10.15
from 10KSB
2 pages
Thomasson Partner Associates, Inc. April 14, 2004 Mr. George Young Fellows Energy Ltd. 8716 Arapahoe Road Boulder, Co 80303 Re: Letter Agreement Election to Purchase Bacaroo Project Baca County, Colorado 1. Subject to the Terms and Conditions of the Efsa, the Bacaroo Project Was Shown to Fellows as a Formal Presentation on March 9, 2004. 2. Pursuant to Thomasson’s Exploration Service Funding Agreement With the Houston Exploration Company (“Houston”) Dated January 13, 2003, the Circus Project Was Also Shown to Houston. Houston Has Elected Not to Participate in This Project. 3. Subject to the Terms and Conditions of the Efsa, Fellows Hereby Elects and Agrees to Purchase One Hundred Percent (100.00%) of the Bacaroo Project. 4. Subject to the Terms and Conditions of the Efsa That the Geographical Definition of the Area of Mutual Interest for the Bacaroo Project, Shall Be as Follows: 5. That Fellows’ Election Date to Purchase the Bacaroo Project Shall Be April 14, 2004 and That Fifty Percent (50%) of Thomasson’s Project Fee, as Defined in the Efsa, Shall Be Paid to Thomasson by Fellows No Later That April 26, 2004. 6. That All of the Terms and Conditions Contained in the Efsa Shall Govern Fellows’ Operations on and in the Bacaroo Project. Please Signify Your Acceptance and Agreement to the Foregoing by Signing and Returning One (1) Copy of This Letter to the Undersigned
12/34/56
