Amendment to Conditional Offer Letter Agreement between Valeura Energy Inc., TransAtlantic Petroleum Ltd., and TransAtlantic Worldwide Ltd. (May 10, 2011)
This amendment, dated May 10, 2011, is between Valeura Energy Inc., TransAtlantic Petroleum Ltd., and TransAtlantic Worldwide Ltd. It changes the Conditional Offer originally dated February 8, 2011, by extending certain deadlines from May 11, 2011, to May 20, 2011. The amendment is agreed to and signed by authorized representatives of all parties. No other terms of the original agreement are changed.
Exhibit 10.12
550, 333 – 11 Ave SW
Calgary, AB T2R 1L9
P. + ###-###-####
F. + ###-###-####
May 10, 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, April 23, 2011 and April 29, 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 11, 2011” and replacing same with “May 20, 2011”.
Yours truly,
| VALEURA ENERGY INC. | ||
| per: /s/ James D. McFarland | ||
| James D. McFarland President and CEO | ||
Accepted and agreed to this 10th day of May, 2011.
| TRANSATLANTIC PETROLEUM LTD. | TRANSATLANTIC WORLDWIDE LTD. | |
| per: /s/ Matthew McCann | per: /s/ Matthew McCann | |
| Director | CEO | |
