Amendment to Conditional Offer Letter Agreement between Valeura Energy Inc., TransAtlantic Petroleum Ltd., and TransAtlantic Worldwide Ltd. (March 18, 2011)

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Summary

Valeura Energy Inc., TransAtlantic Petroleum Ltd., and TransAtlantic Worldwide Ltd. have agreed to amend their Conditional Offer letter agreement originally dated February 8, 2011. This amendment changes the deadline referenced in clauses 5(a) and 11 from March 18, 2011, to April 4, 2011. All other terms of the original agreement remain unchanged. The amendment is effective as of March 18, 2011, and is signed by authorized representatives of all parties.

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EX-10.7 3 dex107.htm AMENDMENT TO LETTER AGREEMENT, DATED MARCH 18, 2011 Amendment to Letter Agreement, dated March 18, 2011

Exhibit 10.7

550, 333 – 11 Ave SW

Calgary, AB T2R 1L9

P. + ###-###-####

F. + ###-###-####

March 18, 2011

TransAtlantic Petroleum Ltd.

5910 N. Central Expressway, Suite 1755

Dallas, Texas 75206

 

Re: Conditional Offer (the “Conditional Offer”) dated February 8, 2011 between Valeura Energy Inc., TransAtlantic Petroleum Ltd. and TransAtlantic Worldwide Ltd.

This letter agreement will confirm the parties agreement to amend clause 5(a) and clause 11 of the Conditional Offer by deleting the references therein to “March 18, 2011” and replacing same with “April 4, 2011”.

Yours truly,

 

VALEURA ENERGY INC.    
 
per: /s/ Steve Bjornson    
 
Chief Financial Officer    
 
     

Accepted and agreed to this 18th day of March, 2011.

 

    
TRANSATLANTIC PETROLEUM LTD.   TRANSATLANTIC WORLDWIDE LTD.
   
per: /s/ Scott C. Larsen   per:   /s/ Scott C. Larsen
   

Executive Vice President

 

      

Executive Vice President