Termination of First Right of Refusal Agreement between Contango Oil & Gas Company and Juneau Exploration, L.P.

Summary

Contango Oil & Gas Company and Juneau Exploration, L.P. have agreed to end their First Right of Refusal Agreement, originally dated January 1, 2013. The termination is effective as of March 31, 2013. However, any compensation that is still owed under the original agreement must be paid promptly upon request. This document formalizes the mutual termination of the prior agreement between the two parties.

EX-10.7 2 mcfexhibit10733113.htm TERMINATION OF FIRST RIGHT OF REFUSAL AGREEMENT MCF Exhibit 10.7 3.31.13


TERMINATION OF FIRST RIGHT OF REFUSAL AGREEMENT



The undersigned hereby agree to terminate the First Right of Refusal Agreement dated January 1, 2013 effective as of March 31, 2013 except that any Compensation due and owing shall be promptly made upon presentation.


CONTANGO OIL & GAS COMPANY


By: /s/ SERGIO CASTRO
Name:     Sergio Castro     
Title: Vice President


JUNEAU EXPLORATION, L.P.
By: Juneau GP, LLC
its General Partner


By: /s/ JOHN B. JUNEAU
Name:     John B. Juneau
Title: Sole Manager