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MALAYSIA-THAILAND

In the presence



JOINT

of



Signed by :

For and on behalf of

PETRONAS CARIGALI (JDA)

In the presence of

Signed by :

For and on behalf of

TRITON OIL COMPANY OF

In the presence of

Signed by :

For and on behalf of

TRITON OIL COMPANY OF

LIMITED

In the presence of



AUTHORITY



SDN.



)

)

)



BHD.



)

)_____________________

)

)

)



THAILAND



THAILAND



)

)_____________________

)

)

)



(JDA)



)

)______________________

)

)

)

)



</TEXT>

</DOCUMENT>

<DOCUMENT>

<TYPE>EX-10.86

<SEQUENCE>9

<TEXT>



EXHIBIT 10.86

SUPPLEMENTARY CONTRACT (NO.2)

This Supplementary Contract (No. 2) to the Production Sharing Contract for Block

A-18 dated 21 April 1994, as amended and supplemented, (hereinafter referred to

as "the Principal Contract") is made the 29 day of December 1999 by and

between the MALAYSIA-THAILAND JOINT AUTHORITY (hereinafter referred to as

"MTJA") an authority duly established under the Malaysia-Thailand Joint

Authority Act 1990 of Malaysia and Thailand-Malaysia Joint Authority Act B.E.

2533 (1990) of the Kingdom of Thailand and the Agreement between the Government

of Malaysia, and the Government of the Kingdom of Thailand on the Constitution

and Other Matters Relating to the Establishment of the Malaysia-Thailand Joint

Authority, dated 30 May 1990, and having its office at 27th Floor, Empire Tower,

City Square Centre, 182 Jalan Tun Razak, 50400 Kuala Lumpur, Malaysia, of the

first part; and PETRONAS CARIGALI (JDA) SDN. BHD., a company duly incorporated

and existing under the laws of Malaysia and having its registered office at

Tower 1, PETRONAS Twin Towers, Persiaran KLCC, 50450 Kuala Lumpur, Malaysia

(hereinafter referred to as "CARIGALI"), TRITON OIL COMPANY OF THAILAND, a

company duly incorporated and existing under the laws of the State of Texas,

United States of America, and having its registered office at 6688 North Central

Expressway, Suite 1400, Dallas, Texas, 75206, United States of America, and

having its local branch office at 33/95-96, 99-100 Wall Street Tower, Surawong

Road, Bangrak, Bangkok 10500 Thailand, (hereinafter referred to as "TRITON"),

and TRITON OIL COMPANY OF THAILAND (JDA) LIMITED, a company duly incorporated

and existing under the laws of the Cayman Islands and having its statutory

office in Dallas, Texas, United States of America, and having its local

registered branch office at Suite 13.01, 13th Floor, Menara Tan & Tan, 207 Jalan

Tun Razak, 50400 Kuala Lumpur, Malaysia (hereinafter referred to as "TRITON

JDA"), of the second part. The parties of the first and second part shall

hereinafter be referred to individually as "Party" and collectively as



"Parties".



WHEREAS Article 8.5(b) of the Principal Contract provides that recovery by

Contractors of allowable costs expended in a Quarter for the Contract Area in

relation to Petroleum Operations in respect of Natural Gas shall be allowed up

to a maximum of fifty per cent (50%) of such costs;

AND WHEREAS CARIGALI, TRITON AND TRITON JDA (hereinafter referred to as the

"Contractors") requested MTJA's agreement to an increase to sixty per cent (60%)

in the maximum allowable cost to be recovered under Article 8.5(b) of the

Principal Contract for certain costs, in relation to past cost for Petroleum

Operations in Block A-18 (sunk cost) and cost for development of the Cakerawala

Gas Field, expended by Contractors for the purpose of assisting the development

of the Cakerawala Gas Project;

AND WHEREAS MTJA agrees to the request of the Contractors to provide for such

increase in the maximum allowable cost to be recovered by Contractors to assist

in the development of the Cakerawala Gas Project and thereby to amend the

Principal Contract to provide for same.

NOW



THEREFORE



it



is



hereby



stipulated



and



agreed



as



follows:



1.

The Parties agree that Article 8.5(b) of the Principal Contract shall be

revised as follows :

"Up to a maximum of fifty per cent (50%) shall be applied in the manner herein

provided for the purpose of recovery by Contractors of allowable costs expended

in that Quarter for the Contract Area in relation to Petroleum Operations in

respect of Natural Gas, provided, however, that a maximum of sixty per cent

(60%) shall be applied only for the costs stipulated in (i) and (ii) below :

(i)

All allowable costs expended by Contractors in relation to Petroleum

Operations in Block A-18 in respect of Natural Gas from the Effective Date

through 31 December 1997 as reported in the detailed audited accounts as of 31

December 1997, as may be amended, modified or supplemented, until such costs are

fully recovered by Contractors;

(ii)

All allowable costs expended by Contractors from and after 1 January

1998 in relation to capital expenditures incurred for the development of the

Cakerawala Field including, without limitation, Cakerawala Booster Compression

and Cakerawala Platform D as detailed in the Cakerawala Field Development Plan

Update 1 approved by MTJA, as may be amended, modified or supplemented and

approved by MTJA until such costs are fully recovered by Contractors;

For the avoidance of doubt, it is agreed and understood that the said facilities

will not be installed simultaneously and such maximum allowable cost recovery of

sixty per cent (60%) shall apply from time to time;

(iii)

All detailed accounts that are required to be provided under Article

11 shall identify the allowable costs permitted under (i) and (ii) above, so

that the accounts for which a maximum allowable cost recovery of sixty per cent

(60%) is allowed can be easily identified and distinguished from all other

allowable costs to be recovered by the Contractors for a maximum allowable cost

recovery of fifty per cent (50%) and can be audited in accordance with Article

11; and

(iv)

All

(ii) above

recovery of

at a maximum



allowable

shall be

all other

allowable



Contractors

of Natural



are

Gas



costs pertaining to expenditures identified under (i) and

recovered first and shall be fully recovered prior to the

allowable costs which may be recovered by the Contractors

cost recovery of fifty per cent (50%) during any Quarter.



entitled to recover all such allowable costs from the proceeds

sold equal to the amount of all such allowable costs in the



Contract



Area



(but



subject



to



Article



8.7).



If in any Quarter all such costs expended relating to Petroleum Operations in

respect of Natural Gas (including amounts accumulated or carried forward from

previous Quarters) exceed the maximum permitted value of fifty per cent (50%) or

sixty per cent (60%) as provided above, as the case may be, of such Natural Gas

sold from the Contract Area, the unrecovered excess may be carried forward to

the next succeeding Quarter and added to all such allowable costs expended

relating to Petroleum Operations in respect of Natural Gas for that Quarter, but

provided that such costs can only be recovered for any Quarter up to a maximum

of fifty per cent (50%) or sixty per cent (60%) , as the case may be, of such

Natural Gas sold."

2.

Except as expressly provided in this Supplementary Contract (No. 2), the

Principal Contract is not otherwise waived, amended and supplemented hereby and

the terms therein shall remain in full force and effect.

3.

Any terms that are defined terms in the Principal Contract shall have the

same meaning when used in this Supplementary Contract (No. 2) unless herein

otherwise expressly provided.

IN WITNESS WHEREOF MTJA, CARIGALI, TRITON and TRITON JDA have by their

respective duly authorised officers executed this Supplementary Contract (No. 2)

on the day and year first herein above written.

Signed by :

For and on behalf of

MALAYSIA-THAILAND JOINT

In the presence of

Signed by :

For and on behalf of

PETRONAS CARIGALI (JDA)

In the presence of

Signed by :

For and on behalf of

TRITON OIL COMPANY OF

In the presence of

Signed by :

For and on behalf of

TRITON OIL COMPANY OF

LIMITED

In the presence of



)

)_____________________

)

)

)



AUTHORITY



SDN.



BHD.



)

)_____________________

)

)

)



THAILAND



THAILAND



)

)_____________________

)

)

)



(JDA)



)

)______________________

)

)

)

)



</TEXT>

</DOCUMENT>

<DOCUMENT>

<TYPE>EX-10.87

<SEQUENCE>10

<TEXT>

Exhibit 10.87