EXHIBIT
      10.37

    


    ACREAGE
      CONTRIBUTION CONTRACT

    


    Kupcake
      Area

    North
      Slope, Alaska

    


    THIS
      CONTRACT, entered into effective on January 23, 2008 ("Effective Date"), between
      TRUE. NORTH ENERGY CORP. ("True North"), with an office in Houston, Texas,
      hereinafter referred to as "Farmor" and SAVANT ALASKA, LLC ("Savant") with
      an
      office in Denver, Colorado, hereinafter sometimes referred to as
      "Operator."

    


    WITNESSETH,
      THAT:

    


    WHEREAS,
      Farmor is the owner of one hundred percent (100%) working interest in that
      certain State of Alaska Oil and Gas Lease ADL-390839 dated March 1, 2007
      ("Lease"); and,

    


    WHEREAS,
      said Lease is made subject to this Contract insofar and only insofar as said
      Lease covers the following described lands situated in:

    


    Township
      11 North, Range 17 East. Umiat Meridian, Alaska

    Section
      25: N2NE, SENE

    


    Sometimes
      referred to herein as "Farmout Lands"; and,

    


    WHEREAS,
      said Farmout Lands are hereinafter sometimes referred to as the "Lease Acreage";
      and,

    


    WHEREAS,
      Farmor has agreed to assign to Operator and Operator has agreed to accept from
      Farmor an assignment covering certain interests in the Farmout Lands, on the
      terms, covenants and conditions hereinafter set forth;

    


    NOW,
      THEREFORE, in consideration of the premises and agreements hereinafter
      contained, to be performed by the parties hereto, it is agreed between the
      parties as follows:

    


    1. TEST
      WELL 

    


    1.1 Test
      Well:
      On or
      before March 15, 2008, Operator shall commence the actual drilling of a test
      well (hereinafter the "Test Well") at a lawful location of its choice in the
      NE
      of Section 29, Township 11 North, Range 18 East, Umiat Meridian, Alaska. Said
      Test Well shall be drilled diligently, without unnecessary delay, and in a
      workmanlike manner to a depth of 11,000 feet or to a depth sufficient to test
      the Cretaceous Kemik formation,. whichever depth is the lesser, and shall be
      production tested, and plugged and abandoned in accordance with all applicable
      laws, rules and regulations, and this Contract.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    1.2 References
      to "Test Well".
      For all
      purposes of this Contract, the term "Test Well" shall also apply to the drilling
      of a Substitute Well ("Substitute Well") as provided in 1.3 below. 

    


    1.3 Substitute
      Well.
      If
      Operator discontinues drilling the Test Well before the depth requirement is
      satisfied because of encountering impenetrable substances, heaving shale,
      excessive salt, mechanical conditions, or because of other conditions which
      make
      further drilling impracticable and which Operator, after a diligent effort,
      is
      unable to overcome, Operator shall have the right, but not the obligation,
      to
      drill a Substitute Well in the same quarter section in which the discontinued
      well was located, provided the actual drilling of said Substitute Well is
      commenced not later than three hundred sixty-five (365) days after the
      abandonment of the discontinued well.

    


    The
      Substitute Well shall be drilled in the manner and to the depth specified for
      the Test Well. If the Substitute Well is commenced, drilled, production tested,
      and plugged and abandoned as herein provided, Operator shall be deemed to have
      complied with this Contract to the same extent as if the Test Well had been
      commenced, drilled, production tested, and plugged and abandoned in accordance
      herewith.

    


    2. TITLES

    


    The
      rights granted Operator under this Contract are granted without warranty of
      title. Upon request, Farmor shall furnish to Operator such abstracts or other
      evidence of title as it has in its files, together with photostats of the basic
      Lease and any intermediate assignment(s) thereof, but there shall be no
      obligation on the part of Farmor to purchase new or supplemental abstracts.
      Operator shall furnish to Farmor, without cost, copies of all title opinions
      acquired by Operator covering the Lease Acreage.

    


    2.1 Deed
      of Trust.
      Reference is made to that certain deed of trust dated September 17, 2007 ("DOT")
      granted by True North to First American Title Insurance Company (Trustee) for
      the benefit of Valens U.S. SPV I, LLC (Beneficiary). Prior to the delivery
      of
      any well information by Operator to True North as provided in Paragraph 6
      herein, True North shall secure a Subordination Agreement, which will document
      that the DOT is subordinate to this Contract so that the interest earned by
      Operator in the Lease Acreage is free and clear of lien imposed by said DOT.
      True North shall provide Operator with a copy of said Subordination
      Agreement.

    


    2.2 Consents.
      Except
      for governmental consents and approvals of assignment that are customarily
      obtained after assignment, True North represents and warrants that there are
      no
      pre-emptive rights or consents to assignment burdening the Lease
      Acreage.

    


    3. EARNING;
      ASSIGNMENT

    


    If
      Operator fails to drill the Test Well to the required depth, in the manner
      and
      time herein provided, then Operator shall be deemed to have forever relinquished
      its right to acquire any interest in Farmor's Lease Acreage under this
      Contract.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    If
      Operator drills the Test Well to the required depth, in the manner and time
      herein provided, submits evidence thereof, and otherwise complies with and
      performs all other terms, covenants, and conditions hereof, then Operator shall
      earn and be entitled to receive from Farmor an assignment, effective from the
      date of the release of the rotary rig from the Test Well, covering an undivided
      seventy-five percent (75%) of 8/8ths working interest and a proportionate (in
      accordance with Farmor's assigned working interest) seventy-eight and one-third
      percent (78.33%) net revenue interest in the Farmout Lands, limited to those
      depths and formations lying between the surface and the stratigraphic equivalent
      of 100 feet below the total depth drilled in the Test Well. Any assignment
      earned by Operator shall be without warranty of title; shall be subject to
      all
      of the expressed and implied terms of the Lease and any prior assignment(s)
      thereof, which will be assumed by Operator to the extent of the assigned
      interests; and shall be in the form of a State of Alaska Assignment Of Interest
      In Oil And Gas Lease. True North shall provide to Operator such assignment
      within thirty (30) days from the date that the rotary rig is released from
      the
      Test Well.

    


    4. COST
      OF TEST WELL

    


    The
      entire cost, expense, and risk of drilling, production testing, and plugging
      and
      abandoning the Test Well shall be borne by Operator, it being understood that
      the risk to be borne by , Operator shall include, but shall not be limited
      to,
      any claim. demand, action, cause of action, judgment, attorney's fee or expense
      of investigation or litigation, for injury to or loss or destruction of
      property, or for injury to or death of any person arising out of or in
      connection with the drilling of the Test Well, whether through an act or
      omission of a party to this Contract, or otherwise.

    


    5. OPERATING
      AGREEMENT

    


    The
      Operating Agreement ("Operating 'Agreement") attached hereto as Exhibit "1"
      shall govern the rights and obligations of the parties to this Contract as
      to
      all Lease Acreage in which Operator earns an interest from Farmor hereunder,
      The
      Operating Agreement shall become effective, irrespective of its execution by
      the
      parties, as and from the date on which the rotary rig is released from the
      Test
      Well.

    


    If
      Farmor
      and Operator enter into an operating agreement between themselves and/or with
      any third party covering drilling and operations on the Lease Acreage or on
      other lands and leases which are pooled, unitized, or spaced with the Lease
      Acreage, then such other operating agreement shall supersede the Operating
      Agreement issued hereunder as to the rights and obligations of the parties
      with
      respect to such drilling and operations. During the term of such other operating
      agreement, the Operating Agreement hereunder shall continue to govern the rights
      and obligations of the parties as to the balance of the lands and depths covered
      by the Operating Agreement. At such time, if ever, that such other operating
      agreement shall terminate, or any portion of the Lease Acreage is released
      therefrom, then the Operating Agreement issued hereunder shall again become
      effective as to such lands and depths; it being the intent of the parties that
      there shall never be a time when any portion of the Lease Acreage earned by
      Operator hereunder is not subject to an Operating Agreement between Farmor
      and
      Operator.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    6. TEST
      WELL INFORMATION

    


    Subject
      to Paragraph 2.1 herein, Farmor shall receive from Operator, well information
      from the Test Well as stated in ,Article 5.9 of the Operating Agreement. The
      information and data obtained under this Contract shall remain strictly
      confidential by Farmor and shall not be provided to any third party, including,
      but not limited to, geological and reservoir information; originals and copies
      of logs; core and core analysis; and' all other well information including,
      but
      not limited to, drilling information, production tests, results of the Test
      Well, and any operation conducted under this Contract, except data or
      information that becomes public other than by breach of this Contract or as
      agreed to in writing by the Operator.

    


    7. INSURANCE

    


    As
      to all
      operations on the Lease Acreage, Operator shall secure and maintain insurance
      in
      full force and effect as provided in Exhibit "B" of the Operating
      Agreement.

    


    8. LAWS
      AND REGULATIONS

    


    Operator
      shall comply with and conduct its operations on the Lease Acreage in accordance
      with the Lease and any intervening assignment(s) and all applicable laws,
      ordinances, rules, regulations, and orders of all governmental authorities
      having jurisdiction thereof, including the provisions of the Equal Opportunity
      Supplement attached as Exhibit "D" to the Operating Agreement.

    


    9. DELAY
      RENTALS; SHUT-IN WELL PAYMENTS

    


    Farmor
      shall pay all delay rentals and shut-in well payments which become due and
      payable on the Lease Acreage. Operator shall reimburse Farmor for its
      proportionate share of such payments attributable to the Farmout Lands without
      regard to different ownership in various depths.

    


    Either
      party may give the other party notice in writing at least sixty (60) days prior
      to the rental or shut-in payment due date that such party does not desire to
      have such payment made for its account. In such event, the party who elects
      not
      to continue the Lease in full force and effect by the payment of such rental
      or
      shut-in payment, shall assign to the other party any interest which it may
      have
      in the Lease or part thereof which is affected.

    


    10. ADDITIONAL
      PROVISIONS

    


    10.1 Rights
      Reserved By Farmor.
      With
      respect to the Lease assigned or to be assigned hereunder, Farmor reserves
      all
      rights; horizons, strata and formations which are not affected by this Contract,
      including, but not limited to, the right to the concurrent use of the surface
      and the right to drill through the covered intervals.

    


    10.2 Surrender
      of Lease.
      Operator shall not release, surrender, abandon, or allow to expire any of its
      interest in and to the Lease Acreage without giving Farmor at least sixty (60)
      days written notice prior to any such contemplated action, and if Farmor so
      desires, Operator shall reassign the affected interest within fifteen (15)
      days
      from the date it receives request from Farmor to do so.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    11. SUBSEQUENTLY-CREATED
      INTERESTS

    


    Operator's
      rights of assignment under this Contract shall be free and clear of all liens,
      claims, add encumbrances, and all overriding royalties, production payments,
      net
      profit obligations, carried working interests, and other payments out of or
      with
      respect to production, or . any other obligations created, assigned, or incurred
      by Farmor, excluding only the Lessor's royalty upon the Lease to be assigned
      hereunder and overriding royalties in existence and of record on the Effective
      Date of this Contract.

    


    12. NOTICES

    


    Except
      as
      herein otherwise expressly provided, any notices or other communications
      required or permitted hereunder shall be in writing and shall be deemed given
      only when received by the party to whom the same is directed as
      follows:

    


    
      	
              Savant
                Alaska, LLC

              730
                17th
                Street, Suite 410

              Denver,
                Colorado 80202

              Attn:
                Larry Lillo

              Phone:
                (303) 592-1905 (ext. 124)

              Fax:
                (303) 531-7109

              llillo@savantresources.com

            	 	
              True
                North Energy Corp.

              1200
                Smith Street, 16th
                Floor

              Houston,
                Texas 77002

              Attn:
                John Folnovic

              Phone:
                (832) 295-0741

              Fax:
                (832) 553-7244

              john@tnecorp.com

            


    

    


    Each
      party may change its address, telephone number, fax number or email address
      for
      any or all purposes by notifying the other party of such change in writing.
      The
      return receipt of the United States Post Office or fax confirmation shall be
      proof of the date and time of receipt of notice.

    


    13. EFFECT
      OF AGREEMENT

    


    The
      terms, covenants, and conditions of this Contract shall be binding upon and
      shall inure to the benefit of Farmor and Operator as well as their respective
      successors and assigns; and said terms, covenants, and conditions shall be
      covenants running with the Lease Acreage and with each transfer of said Lease
      Acreage.

    


    14. CONFLICTS

    


    If
      any
      conflict or inconsistency arises between the terms and conditions of this
      Contract and the Operating Agreement, then the terms and conditions of this
      Contract shall prevail.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    15. MERGER
      INTEGRATION

    


    This
      writing is intended by the parties as a complete and final statement of the
      agreement, and supersedes any prior oral or written statements or
      agreements.

    


    At
      Operator's option, this Contract shall be void unless it is fully executed
      by
      Farmor and returned to Operator on or before February 8, 2008.

    


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

     

    
      	 	 	 
	 	
              SAVANT
                ALASKA, LLC

            
	 	
              By:
                Savant Resources LLC, Its Manager

            
	 	
              By:
                Savant Operating Company, Its Manager

            
	 
 	 
 	 
 
	
            	By:  	/s/
              Patterson Shaw
	 	
              

              Patterson
                Shaw

            
	 	President


    

    
      	 	 	 
	 	 
	 	
              TRUE
                NORTH ENERGY CORP.

            
	 
 	 
 	 
 
	
            	By:  	/s/
              John
              Folnovic
	 	
              
John
              Folnovic
	 	
              President

            
	 	 
	 	
              Date: January
                29, 2008