Exhibit 99.2 | |
PEACOCK OIL & GAS PROPERTIES, LTD. | |
1100 N.E. Loop 410, Suite 724 | |
San Antonio, Texas 78209 | |
(210) 824-1471 | |
Fax (210) 824-7776 | |
October 11, 2005 | |
FIRST AMENDMENT TO PARTICIPATION AGREEMENT | |
Mr. James E. Sigmon, President | |
The Exploration Company | |
500 North Loop 1604 East | |
San Antonio, Texas 78232 | |
RE: 134,068.40 Gross Acres, More or Less | |
128,704.14 Net Acres, More or Less | |
Marfa Basin, Barnett Shale Prospect | |
Presidio and Brewster Counties, Texas | |
Gentlemen: | |
This letter, when fully executed, shall constitute an Amendment to the Participation Agreement dated October 3, 2005 between Elton Smith and Peacock Oil & Gas Properties, Ltd., a Texas Limited Partnership, acting by and through its General Partner, Peacock Exploration, LLC., hereinafter collectively referred to as "Peacock" and The Exploration Company, its successors and assigns, hereinafter referred to as "TXCO" regarding the acquisition of a Leasehold Working Interest in the 134,068.40 gross acres of Oil & Gas Leases, "Prospect Acreage", which make up our Marfa Basin Barnett/Woodford Shale Gas prospect. | |
Article VII of said Participation Agreement is hereby amended to provide for a closing date of Friday, October 21, 2005. | |
This Agreement may be executed in multiple counterparts, with signatures delivered via facsimile, each of which shall be considered an original for all purposes. The provisions hereof are binding upon the parties hereto and shall extend to their respective heirs, legal representatives, successors and assigns. | |
If the foregoing Amendment is acceptable to you, please evidence your Agreement by executing and returning one (1) original of this letter to the undersigned by 5:00 P.M., October 14, 2005. | |
| |
Very truly yours, | |
PEACOCK OIL & GAS PROPERTIES, LTD., | |
Acting By and Through Its General Partner, | |
PEACOCK EXPLORATION, LLC. | |
By: /s/ Joe R. Peacock | |
JOE R. PEACOCK, President | |
AGREED TO AND ACCEPTED THIS | |
_____ DAY OF OCTOBER, 2005. | |
/s/ Elton Smith___ | |
ELTON SMITH | |
AGREED TO AND ACCEPTED THIS | |
13th DAY OF OCTOBER, 2005. | |
THE EXPLORATION COMPANY | |
By:/s/ James E. Sigmon | |
James E. Sigmon, President | |
2 |
- TXCOQ Dashboard
- Filings
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8-K Filing
Txco Resources (TXCOQ) Inactive 8-KUnregistered Sales of Equity Securities
Filed: 30 Nov 05, 12:00am