Document:

Manas Petroleum Corp.: Exhibit 10.42 - Filed by newsfilecorp.com

	MANAS PETROLEUM CORPORATION 
	NONSTATUTORY STOCK OPTION AGREEMENT 
	(Non-Investor Relations) 
	 

THIS NONSTATUTORY STOCK OPTION AGREEMENT
(“Agreement”) is made and entered into as of the date set forth
below, by and between MANAS PETROLEUM CORPORATION, a Nevada corporation
(the “Company”), and the following <>
[consultant/employee/officer/director] of the Company (herein, the
“Optionee”): 

In consideration of the covenants herein set forth, the parties
hereto agree as follows: 

1.          Option
Information. 

	 	(a) 	Date of Option: 	<> 
	 	 	 	 
	 	(b) 	Optionee: 	<> 
	 	 	 	 
	 	(c) 	Number of Shares: 	<> 
	 	 	 	 
	 	(d) 	Exercise Price: 	$0.<> 

2.         
Acknowledgements. 

	 	(a) 	
      The Board of Directors (the “Board” which term
      shall include an authorized committee of the Board of Directors, if one
      has been appointed) has heretofore adopted the MANAS PETROLEUM CORPORATION
      2007 REVISED OMNIBUS PLAN (the “Plan”), pursuant to which this
      Option is being granted; and

	 	 	 
	 	(b) 	
      The Board has authorized the granting to Optionee of a
      nonstatutory stock option (the“Option”) to purchase shares of
      common stock of the Company (“Common Shares”) upon the terms and
      conditions hereinafter stated.

3.        
 Shares; Price. 

3.1        The Company
hereby grants to Optionee the non-transferable right to purchase, upon and
subject to the terms and conditions herein stated, the number of Common Shares
set forth in Section 1(c) above (the “Shares”) for cash (or other
consideration as is authorized under the Plan and acceptable to the Board, in
its sole and absolute discretion) at the price per Share set forth in Section
1(d) above (the “Exercise Price”). 

4.         
Term of Option. 

4.1        This Option
shall expire, and all rights hereunder to purchase the Shares shall terminate,
<> (<>) years from the date hereof or, if earlier, upon the date and
for the reasons specified in Section 7 or Section 8, below. Nothing contained herein shall
be construed to interfere in any way with the right of the Company to terminate
the relationship between it and Optionee, or to increase or decrease the
compensation paid to Optionee, if any, from the rate in effect as of the date
hereof. 

- 2 - 

5.         
Vesting of Option. 

5.1        Subject to the
provisions of Sections 7 and 8 hereof, this Option shall become exercisable
during the period that Optionee serves as a consultant, employee, officer or
director of the Company, in quarterly instalments equal to one-twelfth of the
total number of Shares; subject, however, to proration to account for any
partial calendar quarter at the beginning of the vesting period. The first
instalment shall become exercisable on the first day of the first full calendar
quarter after the date of this Agreement and each subsequent instalment shall
become exercisable on the first day of each successive calendar quarter
thereafter. The instalments shall be cumulative (i.e., this option may be
exercised, as to any or all Shares covered by an instalment, at any time or
times after an instalment becomes exercisable and until expiration or
termination of this option). 

6.        
 Exercise. 

6.1        This Option shall
be exercised by delivery to the Company of: 

	 	(a) 	
      written notice of exercise stating the number of Shares
      being purchased (in whole shares only) and such other information set
      forth on the form of Notice of Exercise attached hereto as Appendix
    A;

	 	 	 
	 	(b) 	
      a cashier’s cheque, bank draft, wire transfer (pursuant
      to wire transfer instructions that will be supplied by the Company upon
      request) or cash in the amount of the Exercise Price of the Shares covered
      by the notice (or such other consideration as has been approved by the
      Board of Directors consistent with the Plan); and

	 	 	 
	 	(c) 	
      a written investment representation as provided for in
      Section 13 hereof.

Except as otherwise expressly permitted in Section 8, below,
this Option shall not be assignable or transferable and may be exercised
only by Optionee during his or her lifetime. 

7.         
Termination of Service. 

7.1        If
Optionee’s service as a consultant, employee, officer or director of the Company
terminates for any reason, no further instalments shall vest pursuant to Section
5 and Optionee shall have the right at any time within ninety (90) days
following such termination of services or the remaining term of this Option,
whichever is less, to exercise in whole or in part this Option to the extent,
but only to the extent, that this Option was exercisable as of the date Optionee
ceased to be any one or more of a consultant, employee, officer or director of
the Company; provided, however, if Optionee is terminated for reasons that would
justify a termination of employment “for cause” as contemplated by
applicable law, the foregoing right to exercise shall automatically terminate on
the date Optionee ceases to be any one or more of a consultant, employee,
officer or director of the Company as to all Shares covered by this Option not
exercised prior to termination. Unless earlier terminated, all rights under this
Option shall terminate in any event on the expiration date of this Option as
defined in Section 4 hereof. 

- 3 - 

8.        
 Death of Optionee. 

8.1        If the Optionee
shall die while serving as any of a consultant, employee, officer or director of
the Company, Optionee’s personal representative or the person entitled to
Optionee’s rights hereunder may at any time within ninety (90) days after the
date of Optionee’s death, or during the remaining term of this Option, whichever
is the lesser, exercise this Option and purchase Shares to the extent, but only
to the extent, that Optionee could have exercised this Option as of the date of
Optionee’s death; provided, in any case, that this Option may be so exercised
only to the extent that this Option has not previously been exercised by
Optionee. 

9.          No
Rights as Shareholder. 

9.1        Optionee shall
have no rights as a shareholder with respect to the Shares covered by any
instalment of this Option until the effective date of the issuance of Shares
following exercise of this Option, and no adjustment will be made for dividends
or other rights for which the record date is prior to the date such stock
certificate or certificates are issued except as provided in Section 10 hereof.

10.        Recapitalization.

10.1      Subject to any required
action by the shareholders of the Company, the number of Shares covered by this
Option, and the Exercise Price thereof, shall be proportionately adjusted for
any increase or decrease in the number of issued Common Shares resulting from a
subdivision or consolidation of Common Shares or the payment of a stock
dividend, or any other increase or decrease in the number of such Common Shares
effected without receipt of consideration by the Company; provided however that
the conversion of any convertible securities of the Company shall not be deemed
having been “effected without receipt of consideration by the Company.” 

10.2      In the event of a
proposed dissolution or liquidation of the Company, a merger or consolidation in
which the Company is not the surviving entity, or a sale of all or substantially
all of the assets or capital stock of the Company (collectively, a
“Reorganization”), this Option shall terminate immediately prior to the
consummation of such proposed action, unless otherwise provided by the Board;
provided, however, if Optionee shall be a consultant, employee, officer or
director of the Company at the time such Reorganization is approved by the
stockholders, Optionee shall have the right to exercise this Option as to all or
any part of the Shares, without regard to the instalment provisions of Section
5, for a period beginning 30 days prior to the consummation of such
Reorganization and ending as of the Reorganization or the expiration of this
Option, whichever is earlier, subject to the consummation of the Reorganization.
In any event, the Company shall notify Optionee, at least 30 days prior to the
consummation of such Reorganization, of his exercise rights, if any, and that
the Option shall terminate upon the consummation of the Reorganization. 

10.3      Subject to any required
action by the shareholders of the Company, if the Company shall be the surviving
entity in any merger or consolidation, this Option thereafter shall pertain to
and apply to the securities to which a holder of Common Shares equal to the
Shares subject to this Option would have been entitled by reason of such merger or
consolidation, and the instalment provisions of Section 5 shall continue to
apply. 

- 4 - 

10.4      In the event of a change in
the Common Shares of the Company as presently constituted, which is limited to a
change of all of its authorized Common Shares without par value into the same
number of Common Shares with a par value, the shares resulting from any such
change shall be deemed to be the Shares within the meaning of this Option. 

10.5      To the extent that the
foregoing adjustments relate to Common Shares or securities of the Company, such
adjustments shall be made by the Board, whose determination in that respect
shall be final, binding and conclusive. Except as hereinbefore expressly
provided, Optionee shall have no rights by reason of any subdivision or
consolidation of Common Shares of any class or the payment of any stock dividend
or any other increase or decrease in the number of shares of stock of any class,
and the number and price of Shares subject to this Option shall not be affected
by, and no adjustments shall be made by reason of, any dissolution, liquidation,
merger, consolidation or sale of assets or capital stock, or any issue by the
Company of shares of stock of any class or securities convertible into shares of
stock of any class. 

10.6      The grant of this Option
shall not affect in any way the right or power of the Company to make
adjustments, reclassifications, reorganizations or changes in its capital or
business structure or to merge, consolidate, dissolve or liquidate or to sell or
transfer all or any part of its business or assets. 

11.        Taxation upon
Exercise of Option. 

11.1      Optionee understands
that, upon exercise of this Option, Optionee may, depending on applicable tax
laws in the jurisdiction where Optionee is liable for the payment of income
taxes, recognize income, for income tax purposes, in an amount equal to the
amount by which the fair market value of the Shares, determined as of the date
of exercise, exceeds the Exercise Price. The acceptance of the Shares by
Optionee shall constitute an agreement by Optionee to report such income in
accordance with then applicable law and to cooperate with the Company in
establishing the amount of such income and corresponding deduction to the
Company for its income tax purposes. Withholding for federal or state income and
employment tax purposes will be made, if and as required by law, from Optionee’s
then current compensation, or, if such current compensation is insufficient to
satisfy withholding tax liability, the Company may require Optionee to make a
cash payment to cover such liability as a condition of the exercise of this
Option. 

12.        Modification,
Extension and Renewal of Options. 

12.1      The Board or Committee,
as described in the Plan, may modify, extend or renew this Option or accept the
surrender thereof (to the extent not theretofore exercised) and authorize the
granting of a new option in substitution therefor (to the extent not theretofore
exercised), subject at all times to the Plan, the applicable rules of any
regulatory authority or stock exchange, and any applicable laws. Notwithstanding
the foregoing provisions of this Section 12, no modification shall, without the
consent of the Optionee, materially alter to the Optionee’s detriment or
materially impair any rights of Optionee hereunder. 

- 5 - 

	13. 	
      TSX Venture Exchange

	 	 	 	 
		
      If and for so long as any of the Company’s securities are
      listed for trading on the TSX Venture Exchange (the “TSXV”), the
      provisions of this Section 13 will apply to this Agreement and to any
      Options granted hereunder. To the extent that the provisions of this
      Section are inconsistent with the provisions found in the other Sections
      of this Agreement, the provisions of this Section will prevail.

	 	 	 	 
		13.1 	
      The terms “directors”, “employees”, “consultants”,
      “consultant company” and “management company employee” will have the
      meanings as defined in the applicable policy of the TSXV. As a condition
      precedent to the issuance of an Option, the Company must be able to
      represent to the TSXV as of the grant date that the Option holder is a
      bona fide employee, consultant or management company employee, as
      the case may be.

	 	 	 	 
		13.2 	
      The exercise price of an Option must be paid in
    cash.

	 	 	 	 
		13.3 	
      Options and Shares will be subject to all applicable
      trading restrictions in effect pursuant to TSXV policies and the Company
      shall be entitled to legend any Option certificates and the certificates
      representing Shares issued upon exercise of Options accordingly, including
      TSXV legends, as applicable.

	 	 	 	 
		13.4 	
      In the event of the Optionee’s death, any Options held by
      the Optionee shall pass to the personal representative (being the executor
      or administrator of the deceased option holder, duly appointed by a court
      or public authority having jurisdiction to do so) of the Optionee and
      shall be exercisable by the personal representative on or before the date
      which is the earlier of twelve months following the date of death and the
      applicable expiry date.

	 	 	 	 
		13.5 	
      If Optionee is a director, employee, consultant or
      management company employee of the Company, Options granted hereunder
      shall expire on the date that is 90 days after the Optionee ceases to be
      in at least one of those categories.

	 	 	 	 
		13.6 	
      If Optionee is engaged in investor relations activities,
      Options granted hereunder shall expire on the date that is 30 days after
      the arrangement with Optionee to provide those services expires or is
      terminated.

	 	 	 	 
		13.7 	
      The Options granted hereunder are subject to approval by
      a majority of the Company’s disinterested shareholders at a meeting of the
      shareholders if this Agreement would result at any time in:

	 	 	 	 
			i. 	
      the number of Common Shares reserved for issuance
      pursuant to all stock options granted to “Insiders” (as that term is
      defined under applicable law), including those granted pursuant to this
      Agreement, exceeding ten percent (10%) of the issued and outstanding
      Common Shares of the Company; or

	 	 	 	 
			ii. 	
      the grant to Insiders, within a 12 month period, of a
      number of options, including those granted pursuant to this Agreement,
      exceeding ten percent (10%) of the issued and outstanding Common Shares of
      the Company; or

- 6 - 

	 	iii. 	
      the issuance to any one person, including Optionee,
      within a 12 month year period, of a number of Common Shares exceeding five
      percent (5%) of the issued and outstanding Common Shares of the
      Company.

13.8      If the Optionee is not
an individual, the Optionee shall complete and file with TSXV a Certification
and Undertaking Required from a Company Granted an Incentive Stock Option
(Form 4F), as described in Sections 2.5 and 4.2 of TSXV Policy 4.4 as in effect
on the date of this Agreement and as the same may be amended from time-to-time.

13.9      If the Optionee is a new
Insider of the Company, the Optionee shall complete and file a Personal
Information Form (Form 2A) or, if applicable, a Statutory Declaration
(Form 2C1) with TSXV. 

14.       
Representations and Warranties 

14.1      Optionee authorizes the
Company to represent and warrant to the TSXV that Optionee is, as applicable,
either a “director”, “employee”, or “consultant” of the Company. For the
purposes of this Section 14.1, the foregoing terms shall have the meaning
attributed to them in Section 1.2 of TSXV Policy 4.4 as that Policy is in effect
on the date of this Agreement and as the same may be amended from time-to-time.

14.2      If on the date of this
Agreement or on the date of exercise of any of the Options granted hereunder,
Optionee is a U.S. Person (as defined in Rule 902 of Regulation S, promulgated
by the Securities and Exchange Commission) or is physically located in the
United States, Optionee represents and agrees that: 

	 	(a) 	
      if and when Optionee exercises this Option in whole or in
      part, Optionee will in each case acquire the Shares upon such exercise for
      the purpose of investment and not with a view to, or for resale in
      connection with, any distribution thereof; and that upon such exercise of
      this Option in whole or in part, Optionee (or any person or persons
      entitled to exercise this Option under the provisions of Sections 7 and 8
      hereof) shall furnish to the Company a written statement to such effect,
      satisfactory to the Company in form and substance. If the Shares
      represented by this Option are registered under the Securities Act of
      1933, as amended (the “Securities Act”) either before or after
      the exercise of this Option in whole or in part, the Optionee shall be
      relieved of the foregoing investment representation and agreement and
      shall not be required to furnish the Company with the foregoing written
      statement;

	 	 	 
	 	(b) 	
      that Optionee has had access to the financial statements
      of the Company, has had the opportunity to ask questions of the Company
      concerning its business, operations and financial condition, and to obtain
      additional information reasonably necessary to verify the accuracy of such
      information (collectively, the “Company Information”). Optionee
      understands that all of the Company Information is available for
      Optionee’s review on both the EDGAR database maintained by the Securities
      and Exchange Commission (as www.sec.gov) and the SEDAR database maintained
      by the Canadian Securities Administrators (at
  www.sedar.com);

- 7 - 

	 	(c) 	
      that Optionee has sufficient education and experience
      will enable Optionee to review and understand the Company Information and
      is able to assess the merits and the risks of an investment in the Company
      and its business.

14.3      The securities
deliverable upon exercise of these Options may be subject to restrictions on
resale under applicable securities laws and the policies of any stock exchange
or market on which the Company’s securities may be traded or listed for
quotation from time-to-time. Optionee agrees that the Company may take such
steps as the Company deems reasonably necessary to comply with applicable law
and the requirements of any stock exchange and, promptly after receipt of any
request from the Company, acting reasonably, Optionee shall cooperate with the
Company in providing information to regulatory authorities, filing required
reports and similar compliance efforts. 

14.4      Unless and until the
Shares represented by this Option are registered under the Securities Act, all
certificates representing the Shares and any certificates subsequently issued in
substitution therefor and any certificate for any securities issued pursuant to
any stock split, share reclassification, stock dividend or other similar capital
event shall bear legends in substantially the following form: 

THE SECURITIES REPRESENTED HEREBY HAVE BEEN OFFERED IN AN
OFFSHORE TRANSACTION TO A PERSON WHO IS NOT A U.S. PERSON (AS DEFINED HEREIN)
PURSUANT TO REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS
AMENDED (THE “1933 ACT”). 

NONE OF THE SECURITIES REPRESENTED HEREBY HAVE BEEN
REGISTERED UNDER THE 1933 ACT, OR ANY U.S. STATE SECURITIES LAWS, AND, UNLESS SO
REGISTERED, MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN THE UNITED
STATES (AS DEFINED HEREIN) OR TO U.S. PERSONS EXCEPT IN ACCORDANCE WITH THE
PROVISIONS OF REGULATION S UNDER THE 1933 ACT, PURSUANT TO AN EFFECTIVE
REGISTRATION STATEMENT UNDER THE 1933 ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION
FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE
1933 ACT AND IN EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE STATE SECURITIES
LAWS. IN ADDITION, HEDGING TRANSACTIONS INVOLVING THE SECURITIES MAY NOT BE
CONDUCTED UNLESS IN COMPLIANCE WITH THE 1933 ACT. “UNITED STATES” AND “U.S.
PERSON” ARE AS DEFINED BY REGULATION S UNDER THE 1933 ACT. 

and/or such other legend or legends as the Company and its
counsel deem necessary or appropriate including, where applicable, any legend
required by the Canadian securities laws or any stock exchange on which
securities of the Company are traded. Appropriate stop transfer instructions
with respect to the Shares have been placed with the Company’s transfer agent.

15.        Stand-off
Agreement. 

15.1      Optionee agrees that,
in connection with any registration of the Company’s securities under the
Securities Act, and upon the request of the Company or any underwriter managing
in an underwritten offering of the Company’s securities, Optionee
shall not sell, short any sale of, loan, grant an option for, or otherwise
dispose of any of the Shares (other than Shares included in the offering)
without the prior written consent of the Company or such managing underwriter,
as applicable, for a period of at least one year following the effective date of
registration of such offering. 

- 8 - 

16.        Notices.

16.1      Any notice required to
be given pursuant to this Option or the Plan shall be in writing and shall be
deemed to be delivered upon receipt or, in the case of notices by the Company,
five (5) days after deposit in the mail, postage prepaid, addressed to Optionee
at the address last provided by Optionee to the Company. 

17.        Agreement
Subject to Plan; Applicable Law. 

17.1      This Option is made
pursuant to the Plan and shall be interpreted to comply therewith. A copy of the
Plan is available to Optionee, at no charge, at the principal office of the
Company. Any provision of this Option inconsistent with the Plan shall be
considered void and replaced with the applicable provision of the Plan. The
interpretation and enforcement of this Option Agreement and any questions with
respect to the validity of any Options granted hereunder shall be governed by
the laws of the State of Nevada and, to the extent applicable, the federal laws
of the United States and the securities laws of any state or province of the
United States or Canada having jurisdiction over the Company. 

[SIGNATURE PAGE FOLLOWS.] 

- 9 - 

IN WITNESS WHEREOF, the parties hereto have executed
this Option as of the date first above written. 

	COMPANY: 	 	MANAS PETROLEUM CORPORATION, 
	  	 	a Nevada corporation 
	  	 	  
	  	 	  
	  	 	By:      
      _____________________________________
	  	 	Name: 
      _____________________________________
	  	 	Title:   
      _____________________________________
	  	 	  
	OPTIONEE: 	 	By:      
      _____________________________________
	  	 	           
               (signature) 
	  	 	Name: <> 

(one of the following, as appropriate, shall be signed)

	I certify that as of the date hereof I am 	 	By his or her signature, the spouse of 
	unmarried 	 	Optionee hereby agrees to be bound by the

	  	 	provisions of the foregoing INCENTIVE 
	  	 	STOCK OPTION AGREEMENT 
	  	 	  
	  	 	  
	Optionee 	 	Spouse of Optionee 

APPENDIX A 

NOTICE OF EXERCISE 

MANAS PETROLEUM CORPORATION 

Re: Nonstatutory Stock Option 

Notice is hereby given pursuant to Section 6 of my Nonstatutory
Stock Option Agreement that I elect to purchase the number of shares set forth
below at the exercise price set forth in my option agreement: 

Nonstatutory Stock Option Agreement
dated: ________________

Number of shares being purchased:
________________

Exercise Price: $________________

A check in the amount of the aggregate
price of the shares being purchased is attached. 

I hereby confirm that such shares are being acquired by me for
my own account for investment purposes, and not with a view to, or for resale in
connection with, any distribution thereof. I will not sell or dispose of my
Shares in violation of the Securities Act of 1933, as amended, or any applicable
federal or state securities laws. Further, I understand that the exemption from
taxable income at the time of exercise is dependent upon my holding such stock
for a period of at least one year from the date of exercise and two years from
the date of grant of the Option. 

I understand that the certificate representing the Option
Shares will bear a restrictive legend within the contemplation of the Securities
Act and as required by such other state or federal law or regulation applicable
to the issuance or delivery of the Option Shares. 

I agree to provide to the Company such additional documents or
information as may be required pursuant to the Company’s 2007 Revised Omnibus
Plan. 

	 	By: 	 
	 	 	(signature) 
	 	 	  
	 	Name:Manas Petroleum Corp.: Exhibit 10.43 - Filed by newsfilecorp.com

  
  

  
  

  
  

  
  

  
  

  
  

  
 

  
  

  
 

  
 

  
  

  
  

  
  

  
 

  
 

  
  

  
  

  
  

  
  

  
  

  
 

 ENGLISH TRANSLATION 

FRAMEWORK AGREEMENT

TRANSFER OF RIGHTS

AND OTHERS

SPECIAL OPERATION AGREEMENT FOR 

HYDROCARBON EXPLORATION AND EXPLOITATION 

– TRANQUILO BLOCK

GEOPARK MAGALLANES LIMITADA 

AND OTHERS

<><><><><><><><><><>><><><><><><><><><><><><><><><>

In Santiago, Republic of Chile, the following agreement was reached
  on the 29 January 2010 between the following companies:

GEOPARK MAGALLANES LIMITADA, a company whose line of business
  is hydrocarbon exploration and exploitation, Taxpayer’s number 76,031,342-4
  (seventy-six million thirty-one thousand three hundred forty-two hyphen four),
  duly represented as accredited by Mr. Andrés Eduardo Aylwin Chiorrini,
  Chilean, lawyer, national identity card number seven million three hundred forty-seven
  thousand two hundred forty-four hyphen K), both with addresses for these purposes
  at Avenida Isidora Goyenechea number three thousand one hundred sixty-two, office
  eight hundred one, Las Condes municipality, Santiago, Chile, hereinafter referred
  to indistinctly as “Geopark”; 

PLUSPETROL CHILE S.A., company whose line of business
  is hydrocarbon exploration and exploitation, Taxpayer’s number 76.041.566
  -9, represented by Mr. Rafael Rencoret Portales, Chilean, single, lawyer, identity
  card number 15.313.075 -2, all with addresses at Avenida Andrés Bello N.
  2711, 16th floor, municipality of Las Condes, Santiago, Metropolitan
  Region, hereinafter referred to indistinctly as “Pluspetrol”;

IPR CHILE TRANQUILO LIMITADA, a company whose line of
  business is hydrocarbon exploration and exploitation, Taxpayer’s number
  76,015,333-8, represented, as accredited, by Ms. Jimena Bronfman Crenovich,
  Chilean, single, lawyer, identity card number 4,709,492-5, all with address
  for these purposes at Vitacura 2939, 8th Floor, Las Condes municipality,
  Santiago, Metropolitan Region, hereinafter referred to indistinctly as “IPR”;

MANAS ENERGÍA CHILE LIMITADA, a company whose line
  of business is hydrocarbon exploration and exploitation, Taxpayer’s number
  still to be settled, represented, as accredited, by Ms. Jimena Bronfman Crenovich,
  Chilean, single, lawyer, identity card number 4,709,492-5, all with address
  for these purposes at Miraflores 178, 12th Floor, Santiago municipality,
  Santiago, Metropolitan Region, hereinafter referred to indistinctly as “Manas”;

1

WINTERSHALL CHILE LIMITADA, a company whose line of business
  is hydrocarbon exploration, exploitation, transport, marketing and sale, Taxpayer’s
  number 76,064,278-5 (seventy-six million thirty-four thousand two hundred seventy-eight
  hyphen five), duly represented as accredited by Mr. Heiko Hans-Jorg Meyer, German,
  married, engineer, passport of the Federal Republic of German number C4CKG1LJT
  and Ms Brenda Inés Anthony, Argentine, single, lawyer, passport of Argentina
  number twenty-four million five hundred and sixty-three thousand three hundred
  and seventy-five N, all with addresses at Avendia Isidora Goyeneche, municipality
  of Las Condes, Santiago, Metropolitan Region, hereinafter referred to indistinctly
  as “Wintershall”;

METHANEX CHILE S.A., a company incorporated according
  to the laws of Chile and whose line of business is the manufacturing, production,
  marketing and distribution of basic chemical substances, Taxpayer’s number
  76,030,472-7 (seventy-six million thirty thousand four hundred seventy-two hyphen
  seven), represented, as will be accredited, by Mr. Francisco Ajenjo Isasi, Chilean,
  married, industrial civil engineer, identity number 5,295,001-5, and Mr. Juan
  Enrique González Sierra, Chilean, married, commercial engineer, identity
  card number 5,059,414-9, all with address for these purposes at Avenida Apoquindo
  3200 (three thousand two hundred), fifth floor, Las Condes municipality, Santiago,
  hereinafter referred to indistinctly as “Methanex”;

FIRST: BACKGROUND

1) That Pluspetrol, Geopark, IPR and Manas are the current
  participants of the Special Operation Agreement for Hydrocarbon Deposit Exploration
  and Exploitation, Tranquilo Block, XII Region of Magallanes and Chilean Antarctic,
  executed with the Chilean State, hereinafter referred to as the “CEOP”,
  with the following participation percentages: 20% for IPR, 20% for Manas, 30%
  for Pluspetrol and 30% for Geopark. With respect to the CEOP, the Contracting
  Participants place on the record the following: 1.1) That by means of
  the public instrument executed in presence of the Public Notary of Santiago,
  Mr. Raúl Iván Perry Pefaur, dated the twenty-ninth of April of two
  thousand eight, the Chilean State, as one party, and, as the other party, the
  Contractor, formed by the participants IPR and MANAS, with 50% participation
  each, executed the CEOP. 1.2) That by means of the public instrument
  executed in presence of the Public Notary of Santiago, Mrs. Antonieta Mendoza
  Escalas, dated the nineteenth of January of two thousand nine, IPR and Manas
  transferred part of their rights in the CEOP to Geopark and to Pluspetrol, with
  the Contractor Participants then being IPR, Manas, Geopark and Pluspetrol, each
  one with the following participation percentages: 30% for Geopark, 30% for Pluspetrol,
  20% for IPR and 20% for Manas. 1.3) That the Contractor Participants
  designated Geopark as Operator of the CEOP, with authority and exclusive right
  to carry out the oil operations within the area of the CEOP. 

2) That it is the intention of the appearing parties to
  modify the participation in the CEOP for the purpose of incorporating Wintershall,
  Methanex and IFC to it, with IPR and Manas transferring all their rights, interests
  and obligations in the CEOP, as well as to regulate their relations and financing
  contributions while the approval of the public authority referred to in the
  following paragraph is pending. 

2

3) That even if the IFC party does not appear in the present
  Framework Agreement, it is the intention and the interest of the appearing parties
  that IFC be incorporated as participating in the CEOP by which motive Geopark,
  with the approval of the other appearing parties, assumes the obligation to
  cede and transfer to it, under the terms and conditions established in this
  Framework Agreement, 12.5% of the rights in the CEOP. Thus IFC’s willingness
  to be incorporated in the CEOP is established as IFC accepts the request for
  approval as referred to in the above clause 2.

4) That in compliance with the provisions of article 14.1
  of the CEOP, prior written approval of the Mining Ministry is required for the
  transfer of all or part of the rights, interests and obligations in the CEOP
  by a Contractor Participant.

5) That the terms used in this Agreement and that are
  not expressly defined, will have the meaning that is given them in the CEOP.

SECOND: PURPOSE

In order to achieve the proposal expressed in the preceding clause,
  the appearing parties have made the following agreements: 

1) That, once the provisions of clauses 3.1 and 3.3 of
  this instrument are fulfilled, the new participation percentages of the CEOP
  will be the following: 25% for Pluspetrol, 25% for Geopark, 25% for Wintershall,
  12.5% for Methanex and 12.5% for IFC. As a consequence of the above, IPR and
  Manas will transfer all their rights, interests and obligations to the CEOP.

2) For the purpose of achieving these new participations
  and for IPR and Manas to leave off being Contractor Participants in the CEOP,
  the appearing parties are obliged to present to the Mining Ministry the request
  for approval of the transfer of rights, interests and obligations in the CEOP
  and to formalize the corresponding transfer agreements once the Mining Ministry
  grants its approval. 

3) While the approval by the Mining Ministry is pending,
  considering the contents of number 2 of the first clause, the appearing parties
  agree to assume in the form considered in the fourth clause the disbursements
  necessary for the financing of the oil operations necessary to comply with the
  provisions of the CEOP.

4) To regulate the effects that a possible refusal by
  the Mining Ministry to approve the transfer of rights by IPR and Manas will
  have. 

THIRD: NEW PARTICIPATION PERCENTAGES
  IN THE CEOP 

1) In order to achieve the participations indicated in
  number one of the second clause, Pluspetrol, Geopark, IPR and Manas are required
  to assign and transfer all or part of their rights, interests and obligations
  in the CEOP to Wintershall, Methanex and IFC, as follows: (i) Pluspetrol will
  transfer 5% of its rights, interests and obligations in the CEOP to Wintershall,
  in this way reducing to 25% its participation in the aforementioned CEOP. (ii)
  Geopark will transfer 5% of its rights, interests and obligations in the CEOP
  to IFC, thus reducing to 25% its participation in the aforementioned CEOP. (iii)
  Manas will transfer 12.5% of its rights, interests and obligations in the CEOP
  to Methanex and 7.5% of its rights, interests and obligations in the CEOP to
  IFC, which results in the transfer of all its rights, no longer being a Contractor
  Participant of the CEOP. (iv) IPR will transfer all of its rights, interests
  and obligations in the CEOP to Wintershall, which correspond to 20%, as a consequence of which it will not longer be a Contractor
  Participant of the CEOP. 

3

2) As a result of the aforementioned transfers, the companies
  Pluspetrol with 25%, Geopark with 25% - after having ceded a 12.5% stake to
  IFC -, Wintershall with 25%, Methanex with 12.5% and IFC with 12.5% - ceded
  by Geopark - will remain as Contractor Participants of the CEOP. 

3) The corresponding transfers of rights, interests and
  obligations in the CEOP to will be carried out as soon as the Mining Ministry
  grants the approval to these transfers, in accordance with the provisions of
  number 2 of the fourth clause. 

4) In this act, through separate instruments, the appearing
  parties sign the letter addressed to the Mining Ministry requesting approval
  of the transfer of rights, interests and obligations in the “Special Operation
  Agreement for the Hydrocarbon Deposit Exploration and Exploitation of the Tranquilo
  Block, Region XII”, referring to the new participations in the CEOP, entrusting
  Geopark with its presentation and processing before the public authority. 

5) The companies Wintershall, Methanex and IFC, as regards
  Future Contractor Participants in the CEOP, and the companies Pluspetrol and
  Geopark by virtue of the new participations that they take as contractors of
  the CEOP, ratify and are bound to ratify in the public instruments of transfer
  of rights, with Geopack as Operator of the CEOP, with authority and exclusive
  right to carry out the oil operations in the CEOP area. 

FOURTH: OBLIGATIONS OF THE APPEARING
  PARTIES.

The appearing parties undertake the following obligations: 

1) Obligation to agree to the financing of the oil operations
  while the approval by the Mining Ministry is pending, hereinafter “Disbursements
  during the intermediate stage”. 

1.1) From the date of the signing of this agreement, during
  the entire time that the approval by the Mining Ministry is pending regarding
  the request for transfer of rights, and until the date in which the corresponding
  public instruments and acceptance of the rights are signed –the “Intermediate
  Stage”- Pluspetrol, Geopark – for itself and for the percentage of
  the rights to be ceded to IFC -, Wintershall, Methanex and IFC agree and promise
  to agree monthly on the financing of all the expenses and investments generated
  by the oil operations of the CEOP, which cannot exceed the sum of US$15,000,000
  (fifteen million dollars of the United States of America) for a period of five
  months counting from the date of this agreement. The percentage of the contribution
  of each of the aforementioned companies during the Intermediate Stage will be
  the following: i) Pluspetrol, 30%; ii) Geopark, 37.5% – for itself and
  for the percentage of the rights to be ceded to IFC -; iii) Wintershall, 20%;
  and iv) Methanex, 12.5% .

1.2) Considering that all the financing of the oil operations
  will be carried out with contributions from the companies Pluspetrol, Geopark
  – for itself and for the percentage of the rights to be ceded to IFC -,
  Wintershall, Methanex, and IFC, excluding IPR and Manas from them, and that
  the financial contribution that corresponds to these last two companies according
  to the CEOP is 20% for each one, that is, 40% of the total financing, in their
  character of current participants of the CEOP, which will be assumed by Wintershall,
  Methanex and Geopark – for itself and for the percentage of the rights to be ceded to IFC
  - in the Intermediate Stage, IPR and Manas agree to assume the obligations that
  are set forth in the following clause, in order to respond for the return of
  20% that corresponds to each one in the contributions, in the event that the
  Mining Ministry does not approve the transfer. 

4

1.3) For the purpose of materializing the contributions,
  Pluspetrol, Geopark – for itself and for the percentage of the rights to
  be ceded to IFC -, Wintershall, Methanex, and IFC agree to make available and
  to transfer the funds and financial resources in the percentages referred to
  in number 1.1 of this clause, to the joint bank account of the Tranquilo Block
  whose owner is Geopark as operator of the CEOP. For these purposes, Geopark
  will send to each of the contributors a request for funds –called “cash
  call”- with instructions on the amount to be transferred by each one, the
  currency of the contribution, the due date of the transfer, the bank account
  information and any other background information necessary to be able to place
  the required funds at the disposal of the operator in a timely manner. The cash
  call with the instructions must be done in writing or through electronic means
  and set to Wintershall, Pluspetrol, Methanex and Geopark – for itself and
  for the percentage of the rights to be ceded to IFC -, at least 15 days in advance
  of the disbursement. All the amounts of funds must be exempt from bank costs
  and commissions. 

1.4) In case of non-compliance by any of the Parties of
  its commitments to make the contributions during the Intermediate Stage stipulated
  in the Fourth Clause 1.1, the non-complying party will only have the right to
  receive, while the situation of non-compliance persists, the proportional part
  of the participation by which it has effectively paid and, in addition, the
  owed sums will accrue interest equal to the LIBOR plus 3% calculated at six
  months. The complying parties will have the option but not the obligation to
  agree with financing the non-complying party and, in case that one or more parties
  through common accord makes use of this option, these parties will accrue ownership
  of the corresponding right from the non-complying party. 

2) Obligation to transfer the rights in the CEOP after the
  approval by the Mining Ministry

2.1) The appearing parties are required to sign the public
  instrument(s) of transfer of rights, interests and obligations in the CEOP,
  and to carry out all the acts and to perform all the procedures necessary for
  and conducive to formalizing the new participations in the CEOP, under the terms
  set forth in the third clause. The corresponding transfer of rights, interests
  and obligations in the CEOP will be carried out as soon as the Mining Ministry
  gives its written approval to such assignments, and after acceptance by the
  assignees of the obligations included in the CEOP, all according to article
  fourteen thereof. 

2.2) The parties recognize the existence of costs prior
  to the signing of this agreement, which correspond to disbursements 1 to 3 –
  Request for Provision of Funds or “Cash-calls” 1 to 3- for the total
  sum of US$2,922,222, called “Past Costs”, which were made in participations
  other than those agreed in the third clause number 2. The composition of these
  Past Costs is detailed in Annex I of this agreement, which forms part of this
  instrument.

2.3) As a consequence of the fact that the contributions
  to make during the Intermediate Stage under the mechanism established in number
  one of this clause, as well as those contributions made corresponding to the
  “Past Costs”, will have been made with participation percentages other than those agreed
  in clause three of this agreement, the parties agree on the following compensation
  formula for the corresponding participation transfers: the price of the compensation
  will be equal to the contributions effectively made during the Intermediate
  Period plus Past Costs (detailed in Annex I) effectively made minus the contributions
  resulting from applying the new participation percentages to the amounts of
  the Intermediate Stage, less the amounts resulting from applying the new participation
  percentages to Past Costs. The result that this formula presents will be the
  global price of the transfer of rights of the CEOP. 

5

2.4) Due to the fact that the disbursements during the
  Intermediate Stage are not determinable on the date of signing this agreement,
  it is agreed that the Operator will make the final calculation of the amount
  to compensate for the disbursements of the financing mechanisms during the Intermediate
  Stage, and also for the Past Costs of Annex I. This final calculation or settlement
  will be done once the authorization for the transfer of rights, interests and
  obligations in the CEOP is granted by the Mining Ministry and the corresponding
  signing of the public instruments has been performed. The compensation amount
  must be deposited in the bank accounts that are indicated by each of the parties
  for this purpose within ten calendar days of sending the final liquidation.
  This calculation must be certified by PricewaterhouseCoopers, with the parties
  having a period of five days counting from the notification of this certification
  to make any observations. Having transpired that period, and if there are no
  observations, the parties must make the deposit in the bank accounts indicated
  by each party. Without prejudice of the above, it is hereby recorded that the
  expenses to be paid by the Operator during the Intermediate Stage and those
  that correspond to Past Costs cannot be significantly separated from the costs
  and expenses reported by the operator in the Annual Budgets and Work Schedules
  presented to the parties which form part of this instrument as Annex II. 

3) The companies Geopark – for itself and for the
  percentage of the rights to be ceded to IFC -, Pluspetrol, Methanex and Wintershall
  are required, within the period of sixty days counting from the approval by
  the Mining Ministry of the request for the transfer of rights, interests and
  obligations of the CEOP, to sign a Joint Operation Agreement for the CEOP Tranquilo
  Block –called “JOA”- taking as its base the JOA of the Otway
  Block. 

FIFTH: EFFECTS OF THE REFUSAL OR DENIAL
  BY THE MINING MINISTRY IN APPROVING THE TRANSFER OF RIGHTS OF THE CEOP
  

Considering the commitments of pecuniary contributions assumed
  by Wintershall, Methanex and IFC, even before being owners of the rights, interests
  and obligations of the CEOP, in which IRP and Manas are not included, and in
  view of the possibility of refusal or negative decision by the Mining Ministry
  to the request for approval of transfer of rights, IPR and Manas, as well as
  IPR Chile LLC and MKD Holdings Inc., in their capacity as sole shareholders
  of IPR, and Manas Management Services Ltd. and Manas Petroleum Corporation,
  in their capacity as sole shareholders of Manas, declare and agree that, in
  case of the refusal or denial by the Mining Ministry to grant the referred authorization,
  the following effects will be produced, assuming the obligations that are indicated:

1) The funds or financial resources that are contributed
  by Wintershall, Methanex and Geopark – for itself and for the percentage
  of the rights to be ceded to IFC - for carrying out the CEOP oil operations
  based on this agreement, from the date of this instrument and until the negative
  decision of the Mining Ministry, hereinafter called “the total amount owed”, are required to be
  returned. The return or refund of the funds must be done within the period of
  ten days counting from the notification of the rejection by the Mining Ministry
  of the request for approval of the transfer of rights. In order to comply with
  this obligation, both IPR and Manas are required to pay the total amount due
  to Wintershall, Methanex and Geopark – for itself and for the percentage
  of the rights to be ceded to IFC - in the following proportion: a) IPR: 25%
  of the amount owed to Wintershall, 15.625% of the amount owed to Methanex and
  9.375% of the amount owed to Geopark – for itself and for the percentage
  of the rights to be ceded to IFC -, totalling in this way 50% of the amount
  owed; and, b) Manas: 25% of the amount owed to Wintershall, 15.625% of the amount
  owed to Methanex and 9.375% of the amount owed to Geopark – for itself
  and for the percentage of the rights to be ceded to IFC -, totalling the remaining
  50% of the amount owed, equivalent overall to 40% of the participation in the
  rights of the CEOP. 

6

2) In case that IPR and/or Manas do not return to Wintershall,
  Methanex and Geopark – for itself and for the percentage of the rights
  to be ceded to IFC - the total amount owed within the period indicated in the
  previous paragraph, IPR Chile LLC and MKD Holdings Inc., in their capacity of
  sole shareholders of IPR, and Manas Management Services Ltd., and Manas Petroleum
  Corporation, in their capacity as sole shareholders of Manas, are required to
  assign and transfer the total amount of the corporate rights that they have
  in IPR Chile Tranquilo Limitada and in Manas Energía Chile Limitada, respectively,
  to the companies Wintershall, Methanex and Geopark – for itself and for
  the percentage of the rights to be ceded to IFC -, in the following proportions:
  a) IPR Chile LLC and MKD Holdings Inc.: 50% of the corporate rights to Wintershall,
  31.25% of the corporate rights to Methanex and 18.75% of the corporate rights
  to Geopark; and, b) 50% of the corporate rights to Wintershall, 25% of the corporate
  rights to Methanex and 31.25% of the corporate rights to Methanex and 18.75
  of the corporate rights to Geopark. In order to ensure compliance with this
  transfer of rights, the appearing parties that are implicated and the respective
  shareholders of IPR and Manas sign in this act, in separate instruments, in
  presence of the same authorizing Notary, public instruments “of transfer
  of corporate rights and modification of the company IPR” and “of transfer
  of corporate rights and modification of the company Manas”, subject to
  the condition precedent consisting of IPR and Manas not complying with the requirement
  to return the total amount owed that was assumed in number one of this clause.
  Consequently, after the period of ten days has transpired without IPR and/or
  Manas having returned that total amount owed, the condition precedent will be
  understood ipso facto as met and the agreements of transfer and modification
  of the company will be effective.

3) The obligations that IPR and Manas assume in reference
  to numbers One and Two of this clause will have an indivisible nature. Consequently,
  the obligation to return considered in number one above fulfilled by only one
  of the debtors will not be considered as fulfilled if the other debtor does
  not return or refund what is owed. 

SIXTH: MISCELLANEOUS

1) Any reference to the Mining Ministry that is made in
  this document is understood as also referring to the Energy Ministry, if applicable,
  as a consequence of the recent legal creation of the Energy Ministry by Law
  No. 20,402, published in the Official Journal on three December two thousand
  nine. 

2) The term “days” refers to calendar days,
  so that they will not be suspended or interrupted for any reason. 

7

SEVENTH: ADDRESS. For all
  the legal purposes that may be pertinent, the parties set their address in the
  city and municipality of Santiago. 

EIGHTH: APPEARANCE OF THE COMPANIES OWNERS OF IPR AND MANAS

1) In this Framework Agreement appears IPR CHILE, LLC,
  a company validly incorporated and organized under the laws of the State of
  Texas, United States of America, and MKD HOLDINGS, INC., a company validly
  incorporated and organized under the laws of the State of Texas, United States
  of America, appear in this act. Both companies are represented as accredited
  by Ms. Jimena Bronfman Crenovich, Chilean, single, lawyer, identity card number
  4,709,492-5, all with addresses for these purposes in Vitacura 2939, 8th Floor,
  Las Condes municipality, Santiago, Metropolitan Region, and she states: that
  in the representation that she holds, she declares: 1.1) The companies
  IPR Chile LLC owner of 99% of the corporate rights and MKD Holdings, Inc. owner
  of 1% of the corporate rights, are the sole and current shareholders of the
  company of limited liability IPR Chile Tranquilo Limitada, hereinafter indistinctly
  “IPR”, a company incorporated under the public deed dated twenty-fourth
  March of two thousand eight, executed in the Public Notary’s Office of
  Santiago of Mr. Raúl Iván Perry Pefaur, whose extract is registered
  on folios 14,661 (fourteen thousand six hundred sixty-one) number 9,935 (nine
  thousand nine hundred thirty-five) in the Commercial Registry of the Property
  Registry of Santiago of the year two thousand eight and it was published in
  the Official Journal dated seventh April two thousand eight. The aforementioned
  company has not registered modifications to date. 1.2) That it authorizes
  and approves the execution of this instrument and each and every one of the
  obligations of which it is aware, especially the obligation stipulated in the
  fifth clause, and it promises to execute the legal acts and carry out the procedures
  and actions that may correspond, in order to obtain the return and timely compliance
  of this agreement. 

2) In this Framework Agreement appears MANAS MANAGEMENT
  SERVICES LTD., a company incorporated and in force according to the laws
  of the Commonwealth of the Bahamas, with address on Fort Street 400-31 (four
  hundred hyphen thirty-one), Victoria, British Columbia, Canada and MANAS
  PETROLEUM CORPORATION, a company incorporated and in force according to
  the laws of the State of Nevada, United States of America, with address in Bahnhofstrasse
  9, Baar, Switzerland appear in this act. Both companies are represented, as
  will be accredited, by Ms. Jimena Bronfman Crenovich, specified above, and she
  states: That in the representation that she holds, she declares: 2.1) The
  companies Manas Management Services Ltd., owner of 99% of the corporate rights
  and Manas Petroleum Corporation, owner 1% of the corporate rights, are the sole
  and current shareholders of the commercial company of limited liability Manas
  Energía Chile Limitada, company incorporated through public deed on the
  date of seventh April two thousand eight, executed in the Public Notary’s
  Office of Santiago of Mr. Eduardo Avello Concha, whose extract is registered
  in the folios 18,541 (eighteen thousand five hundred forty-one) number 12,557
  (twelve thousand five hundred fifty-seven) in the Commercial Register of the
  Property Registry of Santiago of the year two thousand eight and it was published
  in the Official Journal dated twenty-eighth April two thousand eight. The aforementioned
  company has not registered modifications to date and it is fully valid. 2.2)
  That it authorizes and approves the execution of this instrument and each and
  every one of the obligations of which it is aware, especially the obligation
  stipulated in the fifth clause, and it promises to execute the legal acts and carry out the procedures and actions that may correspond,
  in order to obtain the return and timely compliance of this agreement. 

8

NINTH: BEARER’S AUTHORIZATION.
  The bearer of an authorized copy of this instrument or of an authorized
  extract of it is hereby given authority to request and to sign all the registrations,
  supplemental registrations, annotations and publications that may be appropriate.

TENTH: This Agreement is signed in seven copies,
  one copy to remain with each of the parties hereto.

ELEVENTH: DESIGNATED REPRESENATIVES

Mr. Andrés Aylwin Chiorrini is designated to represent GEOPARK
  MAGALLANES LIMITADA, as recorded in the articles of incorporation in the
  Public Notary’s Office of Santiago of Mrs. Antonieta Mendoza Escalas dated
  fifth August two thousand eight.

Mr. Rafael Rencoret Portales is designated to represent PLUSPETROL
  CHILE S.A., as recorded in the public deed executed in the Public Notary’s
  Office of Santiago of Mr. Raúl Undurrage Laso dated 27 January 2010.

Ms. Jimena Bronfman Crenovich is designated to represent IPR
  CHILE TRANQUILO LIMITADA, IPR CHILE, LLC and MKD HOLDINGS, INC,
  as recorded in the respective public deeds executed in the State of Texas,
  United States of America dated 21 January 2010.

Ms. Jimena Bronfman Crenovich is designated to represent MANAS
  ENERGÍA CHILE LIMITADA, MANAS MANAGEMENT SERVICES LTD. and
  MANAS PETROLEUM CORPORATION, as recorded in the public deed executed in
  the city of Zurich, Switzerland dated 28 January 2010.

Mr Heiko Hans-Joerg Meyer and Mrs. Brenda Inés Anthony are
  designated to represent WINTERSHALL CHILE LIMITADA, as recorded in the
  public deed recorded in the Public Notary’s Office of Santiago of Mrs.
  Antonieta Mendoza Escalas dated third September two thousand eight.

Messrs. Francisco Ajenjo Isasi and Juan Enrique González
  Sierra are designated to represent METHANEX CHILE S.A., as recorded in
  the public deed executed in the Public Notary’s Office of Santiago of María
  Gloria Acharán Toledo dated 14 August 2008. 

  Remark between the lines: “Joerg” is NOT VALID. Between the lines:
  “Jorg” is VALID. THIS I HEREWITH CONFIRM.

(stamp and signature:)

Andrés Aylwin Chiorrini

  p.pa. GEOPARK MAGALLANES LIMITADA

(signature:)

Rafael Rencoret Portales

  p.pa. PLUSPETROL CHILE S.A.

9

(signature:)

Jimena Bronfman Crenovich 

  p.pa. IPR CHILE TRANQUILO LIMITADA, IPR CHILE , LLC 

  p.pa. MKD HOLDINGS, INC.

(signature:)

Jimena Bronfman Crenovich 

  p.pa. MANAS ENERGÍA CHILE LIMITADA 

  p.pa. MANAS MANAGEMENT SERVICES LTD. 

  p.pa. MANAS PETROLEUM CORPORATION

(signatures:)

Heiko Hans-Jorg Meyer          
  Brenda Inés Anthony 

  p.pa. WINTERSHALL CHILE LIMITADA

(signatures:)

Francisco Ajanjo Isasi          
  Juan Enrique González Sierra 

  p.pa. METHANEX CHILE S.A.

I HEREWITH CONFIRM THE SIGNATURES APPOSED ABOVE OF: Mr ANDRES
  EDUARDO ALYWIN CHIORRINI, identity card no. 7.347.244 -K, representing GEOPARK
  MAGALLANES LIMITADA, company register 76.031.342 -4; Mr RAFALE PABLO RENCORET
  PORTALES, identity card no. 15.313.075 -2, representing PLUSPETROL CHILE
  S.A., company register 76.041.566 -9; Ms JIMENA ELIANA BRONFMAN CRENOVICH,
  identity card no. 4.709.492 -5, representing IPR CHILE TRANQUILO LIMITADA,
  company register 76.015.333 -8, IPR CHILE, LLC, MKD HOLDING, INC; MANAS
  ENERGIA CHILE LIMITADA, company number to be issued, MANAS MANAGEMENT
  SERVICES LTD and MANAS PETROLEUM CORPORATION; Mr HEIKO HANS-JORG
  MEYER, passport of the Federal Republic of Germany no. C4CKG1LJT, and Mr BRENDA
  INES ANTHONY, passport of Argentine no. 24563375N, both representing WINTERSHALL
  CHILE LIMITADA, company register 76.034.278 -5; and Mr FRANCISCO JOSÉ
  AJENJO ISASI, identity card no. 5.295.001 -5 and Mr JUAN ENRIQUE GONZALEZ SIERRA,
  identity card no. 5.059.414 -9, both representing METHANEX CHILE S.A., company
  register 76.030.472 -7. Santiago, 29 January 2010.-

(stamp of Gonzalo Mendoza Guiñez, Acting Notary 

  of the 16th Public Notary’s Office of Santiago)

10

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