Amendment to Conditional Offer Letter Agreement between Valeura Energy Inc., TransAtlantic Petroleum Ltd., and TransAtlantic Worldwide Ltd. (April 29, 2011)
This amendment updates a previous agreement between Valeura Energy Inc., TransAtlantic Petroleum Ltd., and TransAtlantic Worldwide Ltd. The main change is to extend the deadline in two specific clauses of their Conditional Offer from May 2, 2011, to May 11, 2011. All other terms of the original agreement remain unchanged. The amendment is confirmed and accepted by all parties as of April 30, 2011.
Exhibit 10.11
550, 333 – 11 Ave SW
Calgary, AB T2R 1L9
P. + ###-###-####
F. + ###-###-####
April 29, 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., as amended pursuant to letter amending agreements dated March 18, 2011, April 2, 2011, April 15, 2011 and April 23, 2011 |
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 “May 2, 2011” and replacing same with “May 11, 2011”.
Yours truly,
| VALEURA ENERGY INC. | ||
| per: /s/ James D. McFarland | ||
| President and CEO | ||
Accepted and agreed to this 30th day of April, 2011.
| TRANSATLANTIC PETROLEUM LTD. | TRANSATLANTIC WORLDWIDE LTD. | |
| per: /s/ Scott C. Larsen | per: /s/ Scott C. Larsen | |
