Petro One Energy Corp CUDBF

RE:what happened

[bababamboo]

Read the whole paragraph maybe 3. Petro One will hereafter have the right and option, exercisable at any time and from time to time, to drill up to four wells on properties ("Properties") which are the subject of the July 25, 2014 Program Earning and Joint Venture Agreement with KMDC (the "KMDC Agreement") and will in each such event retain an undivided 100% legal and beneficial right, title and interest in and to such well and the spacing unit for such well.