Exhibit 10.2



                           SALES & PURCHASE AGREEMENT


     1.  Texaurus  Energy  Inc.  ("Buyer")  agrees  to  purchase  from  Kilrush
Petroleum,  Inc.  ("Seller")  the "Properties" described on Exhibit "A" attached
hereto  and  made a part hereof. The agreed total consideration payable by Buyer
to  Seller  for  the Properties is US $5,225,000.00 cash (the "Purchase Price").
The  total  consideration  is allocated $2,016,951.46 for Barnes Creek Field and
$3,208,048.54  for  Edgerley  Field.

     2.  The  "Effective Date" of the purchase and sale shall be January 1, 2006
at  7:00  a.m., local time where the Properties are located. Closing shall occur
at  a  mutually  agreed  location  in  Houston,  Texas  on  or  before  the
hereinafter-defined  "Closing  Date".  The  "Closing  Date" shall be 10:00 A.M.,
Friday,  March  24,  2006  in  Houston, Texas. At Closing Buyer shall tender, as
hereinafter  set forth, the Purchase Price. Simultaneously, Seller, as Assignor,
shall execute and deliver to Buyer two counterpart originals of an assignment or
assignments  conveying  the  Properties to Buyer as of the Effective Date. Buyer
agrees to execute the assignment(s) as Assignee therein. One set of original and
fully  executed assignment(s) shall be sent for recording in Calcasieu and Allen
Parishes,  Louisiana immediately following Closing. Buyer shall retain the other
set of original executed assignment(s). Seller shall prepare and submit to Buyer
for  its review the proposed form of assignment(s) at least 10 days prior to the
Closing  Date.

     3.  At  Closing,  Buyer is authorized and hereby agrees to tender to Seller
the  Purchase  Price  as  follows:

          (i)  $5,070,500.00  cash  by  wire  transfer  to  the  account  of
               Kilrush  Petroleum,  Inc.,  Account  No.  501203223,  The  Frost
               National  Bank,  ABA  No.  114000093,  San  Antonio,  Texas;

          (ii) $154,500.00  cash  by  wire  transfer  to  the  account  of Burks
               Oil  &  Gas  Properties,  Inc.,  Account  No.  5000003012,  Bank:
               Prosperity  Bank,  ABA  No.  113122655, location: Houston, Texas;

     4.  Prior  to  Closing  Seller shall disclosure to Buyer whether Seller has
received  revenues  and/or  incurred expenses associated with the Properties for
the  time period following the Effective Date. In such event the cash portion of
the  Purchase  Price  shall  be  adjusted  accordingly.

     5.  Buyer,  and  its  representatives,  shall  be  entitled  to  conduct  a
due-diligence  review  of  the Properties at the sole risk and expense of Buyer.
Such  due-diligence  review  must  be completed by Buyer not less than five days
prior  to  Closing. Seller shall provide Buyer and its representatives access to
Seller's  offices during normal business hours at which Buyer shall be permitted
to  review  Seller's  files  and  other  relevant  information  regarding  the
Properties.  Prior  to  any  physical  inspection  of  the Properties, Buyer, if
requested  by  an  Operator  of  the  Properties,  will  execute  a "Release and
Indemnity"  in a form satisfactory to such Operator. Buyer shall satisfy itself,
at  least  five  (5)  business  days  prior to closing, as to title and physical
condition  of  the  properties  including  environmental  condition.

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     6.  All  expenses  incurred  by  Buyer in connection with or related to the
submission  of  this  offer, the contemplated transaction, and all other matters
relevant  to  Closing,  including  without  limitation, all fees and expenses of
counsel, accountants and financial advisors employed by the Buyer shall be borne
solely  and  entirely  by  Buyer.

     7.  Buyer  and Seller agree that the terms and conditions of this Agreement
as well as all data and information provided to Buyer by Seller shall be treated
as  confidential and shall not be disclosed to any third party without the prior
written consent of the parties hereto, except as may be required by law.  In the
event  Closing  does NOT occur or this Agreement otherwise becomes null and void
Buyer  agrees  to return to Seller and/or Burks Oil and Properties, Inc. any and
all  information  regarding the Properties that were provided to Buyer by Seller
and/or  Burks  Oil  and  Properties,  Inc.

     8.  The  parties  hereto  agree to comply with any and all applicable laws,
rules and regulations affecting the Properties and the contemplated transaction.

     9.  Buyer  acknowledges  that  whereas Buyer has not and does not intend to
pay  Seller  an  earnest  money  deposit, the Properties shall remain subject to
prior  sale by Seller.  It is the intention that while this Agreement remains in
effect  and  prior to Closing, Seller may continue to actively and freely market
the  Properties  to  parties  other than Buyer and Seller may receive and accept
offers  to purchase the Properties from such other parties.  Should Seller agree
to  sell  the  Properties  to  a  party  other  than Buyer, this Agreement shall
immediately  become  null and void.  Seller agrees to notify Buyer should Seller
agree to sell the Properties to another party during the life of this Agreement.
Unless  sooner terminated as set forth above, this Agreement shall be considered
null, void and of no further force and effect at 5:00 P.M. local time on Friday,
March  24,  2006  in  Houston,  Texas.

Agreed  to  and  accepted  this           day  of               ,  2006
                               -----------       --------------

by  Buyer:

Texaurus  Energy,  Inc.


By: /s/ Frank A. Jacobs
   ------------------------------------------
   Frank  A.  Jacobs,  Executive  Chairman


Agreed  to  and  accepted  this  24th  day  of  March , 2006

by  Seller:

Kilrush  Petroleum,  Inc.


By: /s/ John F. Reidy
   ---------------------------
   John  F.  Reidy,  President

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