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DOCUMENT TITLE:  ASSIGNMENT AGREEMENT for CARBONERA BLOCK .
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Clause Heading
2.1 - Grant
2.2 - Binding Effect
2.3 - Participating Interest
2.4 - Effective Date
2.5 - Approval
2.6 - Operators rights and obligations
3.1 - No Misrepresentation.
3.2 - Acts to be Performed:
3.3 - Termination
3.4 - ANH Conditions
4.1 - Cash Consideration
4.2 - Cash Calls
5.1 - Acceptance of Prior Terms
6.1 - Assignor Obligations
A - Material Developments.
B - Consultation
6.2 - Mutual Obligations
7.1 - Assignors Representations and Warranties
A - Assignor's Rights
B - Carbonera Assignment
C - Documents
D - Claims and Litigation
7.2 - Assignees Representations and Warranties
A - Claims and Litigation
B - Technical Capability
7.3 - Mutual Representations and Warranties
A - Corporate Authority.
B - Payments
C - Other Representations and Warranties
7.4 - Disclaimer of Other Representations and Warranties
8.1 - Tax Obligations
8.2 - Joint Levy
9.1 - Confidentiality
9.2 - Disclosure
ARTICLE 10 - NOTICES
11.1 - Governing Law
11.2 - Dispute Resolution
ARTICLE 12 - FORCE MAJEURE
13.1 - Notice of Default
13.2 - Default
14.1 - Assignment
15.1 - Relationship of Parties
15.2 - Further Assurances
15.3 - Waiver
15.4 - Joint Preparation
15.5 - Severance of Invalid Provisions
15.6 - Modifications
15.7 - Priority of Agreement
15.9 - Counterpart Execution
15.10 - Public Announcements
15.11 - Entirety
2 - That Well Logging acknowledges that DELAVACO ENERGY COLOMBIA INC.