EXHIBIT 10.6
 INDIVIDUAL LEASING RECORD NO. 59
 
 EQUIPMENT LEASEDNew orQty.
    
    Used
    
    Make/Manufacturer and Description
    
    Model No.
    
    Serial No.3
    
    New
    
    2009 Peterbilt Tractors
    
    
    388
    
    
    1XPWD49XX9D7703141XPWD49X59D7698941XPWD49X99D7698961XPWD49X79D769895
 Location of Equipment:
    
    240 Jasmine Road
    
    Crowley
    
    Acadia
    
    LA
    
    
    70526(Street Address)
    
    (Town/City)
    
    (Parish)
    
    (State)
    
    
    (Zip)
  1.
    
    Total Acquisition Cost: $447,717.20.2.
    
    Lease Term: Sixty (60) calendar months (plus, if applicable, any partial first month)
commencing on the date of this Individual Leasing Record and ending on October 9, 2013.3.
    
    Rent: (a) for each full calendar month: $6,805.09 (plus applicable sales/use tax), payable
on the 9th day of
each 
         calendar month, in advance, commencing on November 9, 2008, and the same amount
on the 9th day of each 
         consecutive month thereafter throughout the lease term.
 (b)
    
    for partial first month: $2,268.40 (plus applicable sales/use tax), payable on
October 29, 2008.
 4.
    
    The undersigned Lessee hereby acknowledges that it has reviewed and approved the purchase
order, supply contract or purchase agreement covering each Item of Equipment described above
and that each such Item (i) was selected by Lessee, (ii) has been, as of the Date of
Delivery of Equipment specified hereinabove, delivered to, and inspected by, Lessee, (iii) is
of a size, design, capacity, and manufacture acceptable to Lessee and suitable for purposes
of accepting those items under the Lease and making them subject to the Schedule and the
Lease, (iv) is in good working order, repair, and condition, (v) has been installed to
Lessees satisfaction and unconditionally and irrevocably accepted by Lessee, and (vi) has
been tested by Lessee (to the extent Lessee deems appropriate in order to make this
certification. The undersigned Lessor and the undersigned Lessee hereby agree that the
Equipment described above is hereby leased from Lessor to Lessee under the Equipment Leasing
Agreement between Lessor and Lessee dated as of October 2, 2001 (the Lease), is subject to
all of the terms, conditions, and provisions thereof, as supplemented by the terms,
conditions, and provisions of the above-referenced Lease Schedule and any Riders annexed to
and made a part of said Lease Schedule, and the terms and conditions hereof, and that this
Individual Leasing Record is made a part of, and incorporates by reference all of the terms,
conditions, and provisions of, the Lease. The undersigned Lessee hereby agrees to pay the
rent for all Items of Equipment covered by this Individual Leasing Record, in the amounts
and at the times specified above and reaffirms its acknowledgments and agreements in Section
4 of the Lease. Capitalized terms used herein shall have the meaning given to such terms
in the Lease.
  Francis Drilling Fluids, Ltd.
    
    
    
    Capital One, National Association(Lessee)
    
    
    
    (Lessor)By:
    
    /s/ Michael G. Francis
    
    
    
    By:Name:
    
    Michael G. Francis
    
    
    
    Name:Title:
    
    President
    
    
    
    Title:




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##### 



LEASE SCHEDULE NO. 59
  1.
    
    Description of the Equipment covered by this Schedule (the Equipment):
 Qty.
    
    New or Used
    
    Make/Manufacturer and Description
    

Model No.
    
    Serial No.4
    
    New
    
    2009 Peterbilt Tractors
    
    388
    
    1XPWD49XX9D7703141XPWD49X59D7698941XPWD49X99D7698961XPWD49X79D769895
 2.     Location of Equipment:
    
    240 Jasmine Road
    
    Crowley
    
    Acadia
    
    LA
    
    
    70526(Street Address)
    
    (Town/City)
    
    (Parish)
    
    (State)
    
    
    (Zip)
 3.
    
    The aggregate Acquisition Cost of the Equipment shall not exceed $447,717.20, and the
Equipment shall not be delivered and accepted by Lessee after December 31, 2008, unless
Lessor otherwise agrees in writing. Lessor shall have no obligation to acquire and lease
any Item of Equipment to Lessee if (a) a material adverse change in the financial condition
of Lessee (or of any guarantor of Lessees obligations under the Lease) has occurred since
October 13, 2008, or (b) an event which is (or with notice or lapse of time or both would
become) an Event of Default under the Lease has occurred.4.
    
    Rent (as a percentage of Acquisition Cost of each Item of the Equipment): 1.519953% for
each full calendar month, and N/A% for each day of any partial first month. Lessee
shall pay the rent to Lessor in advance during the lease term on the dates specified in the
Individual Leasing Record for each Item of the Equipment.5.
    
    Lease Term of the Equipment: sixty (60) full calendar month (plus any partial first
month), commencing, as to each Item, on the date of the Individual Leasing Record therefore,
and unless sooner terminated in accordance with the provisions of the Lease, ending on the
date specified in such Individual Leasing Record.6.
    
    Terminal Rental Adjustment Clause: See Section 24 of the Lease.7.
    
    Casualty Loss Value Payment Date:þ The rent payment date next preceding or coincident with the date
of loss (if rent is paid in advance); oro The rent payment date next following the
date of loss (if rent is paid in arrears).8
    
    Comprehensive Public Liability Insurance:
$1,000,000.00 per occurrence. 
Property Damage Insurance: In
an amount equal to the Acquisition Cost.9.
    
    Other Conditions or Riders (if none, so state): Tax Indemnification Rider,
Motor Vehicle Rider, Terminal Rental Adjustment Rider, and Trac Rider Business Use.
  Francis Drilling Fluids, Ltd.
    
    
    
    Capital One, National Association(Lessee)
    
    
    
    (Lessor)By:
    
    /s/ Michael G. Francis
    
    
    
    By:Name:
    
    Michael G. Francis
    
    
    
    Name:Title:
    
    President
    
    
    
    Title:




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##### 



SCHEDULE OF CASUALTY LOSS VALUES
  
 Termination Schedule
 terminationtermination
    
    
    valuedate
    
    value
    
    
    % of basisOct-08
    
    
    445,448.80
    
    
    
    99.49334089Nov-08
    
    
    441,241.10
    
    
    
    98.55352815Dec-08
    
    
    436,873.75
    
    
    
    97.57805871Jan-09
    
    
    432,328.83
    
    
    
    96.56292564Feb-09
    
    
    427,751.91
    
    
    
    95.54064765Mar-09
    
    
    423,143.47
    
    
    
    94.51132739Apr-09
    
    
    418,475.95
    
    
    
    93.46881165May-09
    
    
    413,744.09
    
    
    
    92.41192594Jun-09
    
    
    408,952.10
    
    
    
    91.34160995Jul-09
    
    
    404,095.31
    
    
    
    90.25682046Aug-09
    
    
    399,205.42
    
    
    
    89.16463727Sep-09
    
    
    394,255.27
    
    
    
    88.05899553Oct-09
    
    
    389,239.73
    
    
    
    86.93874874Nov-09
    
    
    384,190.52
    
    
    
    85.81098163Dec-09
    
    
    379,080.39
    
    
    
    84.66960705Jan-10
    
    
    373,904.28
    
    
    
    83.51349436Feb-10
    
    
    368,693.92
    
    
    
    82.34973326Mar-10
    
    
    363,449.61
    
    
    
    81.17838861Apr-10
    
    
    358,175.44
    
    
    
    80.00037534May-10
    
    
    352,871.13
    
    
    
    78.81563064Jun- 10
    
    
    347,536.33
    
    
    
    77.62407436Jul-10
    
    
    342,171.17
    
    
    
    76.42573623Aug-10
    
    
    336,771.08
    
    
    
    75.21959888Sep- 10
    
    
    331,340.49
    
    
    
    74.00664731Oct- 10
    
    
    325,879.18
    
    
    
    72.78683421Nov- 10
    
    
    320,382.60
    
    
    
    71.55914520Dec- 10
    
    
    314,855.11
    
    
    
    70.32455178Jan- 11
    
    
    309,296.55
    
    
    
    69.08301624Feb- 11
    
    
    303,702.37
    
    
    
    67.83352721Mar- 11
    
    
    298,072.77
    
    
    
    66.57612666Apr- 11
    
    
    292,419.67
    
    
    
    65.31347767May- 11
    
    
    286,744.14
    
    
    
    64.04581785Jun- 11
    
    
    281,044.63
    
    
    
    62.77280089Jul-11
    
    
    275,322.50
    
    
    
    61.49473450Aug- 11
    
    
    269,564.19
    
    
    
    60.20858417Sep-11
    
    
    263,781.83
    
    
    
    58.91706509Oct-11
    
    
    257,976.57
    
    
    
    57.62042767Nov-11
    
    
    252,134.81
    
    
    
    56.31563999Dec-11
    
    
    246,268.66
    
    
    
    55.00540555Jan-12
    
    
    240,379.29
    
    
    
    53.68998310Feb-12
    
    
    234,453.13
    
    
    
    52.36634329Mar-12
    
    
    228,490.27
    
    
    
    51.03450827Apr-12
    
    
    222,510.49
    
    
    
    49.69889361May-12
    
    
    216,516.18
    
    
    
    48.36003220Jun-12
    
    
    210,504.60
    
    
    
    47.01731411Jul-12
    
    
    204,478.37
    
    
    
    45.67132282Aug-12
    
    
    198,414.85
    
    
    
    44.31700501Sep-12
    
    
    192,334.00
    
    
    
    42.95881347Oct-12
    
    
    186,238.23
    
    
    
    41.59729111Nov-12
    
    
    180,104.93
    
    
    
    40.22738676Dec-12
    
    
    173,954.00
    
    
    
    38.85354346Jan-13
    
    
    167,787.89
    
    
    
    37.47631104Feb-13
    
    
    161,584.01
    
    
    
    36.09064054Mar-13
    
    
    155,342.37
    
    
    
    34.69653750Apr-13
    
    
    149,106.27
    
    
    
    33.30367215May-13
    
    
    142,881.70
    
    
    
    31.91338215Jun-13
    
    
    136,662.59
    
    
    
    30.52431126Jul-13
    
    
    130,455.08
    
    
    
    29.13782985Aug-13
    
    
    124,209.63
    
    
    
    27.74287732Sep-13
    
    
    117,969.72
    
    
    
    26.34915893Oct-13
    
    
    111,929.30
    
    
    
    25.00000000
  Francis Drilling Fluids, Ltd.
    
    
    
    Capital One, National Association(Lessee)
    
    
    
    (Lessor)By:
    
    /s/ Michael G. Francis
    
    
    
    By:




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MOTOR VEHICLE RIDER
          Francis Drilling Fluids, Ltd.
    
    
    
    Capital One, National Association(Lessee)
    
    
    
    (Lessor)By:
    
    /s/ Michael G. Francis
    
    
    
    By:Name:
    
    Michael G. Francis
    
    
    
    Name:Title:
    
    President
    
    
    
    Title:




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##### 



TAX INDEMNIFICATION RIDER
    Francis Drilling Fluids, Ltd.
    
    
    
    Capital One, National Association(Lessee)
    
    
    
    (Lessor)By:
    
    /s/ Michael G. Francis
    
    
    
    By:Name:
    
    Michael G. Francis
    
    
    
    Name:




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##### 



TERMINAL RENTAL ADJUSTMENT RIDER
       Francis Drilling Fluids, Ltd.
    
    
    
    Capital One, National Association(Lessee)
    
    
    
    (Lessor)By:
    
    /s/ Michael G. Francis
    
    
    
    By:




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##### 



TRAC RIDER  BUSINESS USE
     th
 Francis Drilling Fluids, Ltd.
    
    
    
    Capital One, National Association(Lessee)
    
    
    
    (Lessor)By:
    
    /s/ Michael G. Francis
    
    
    
    By:Name:
    
    Michael G. Francis
    
    
    
    Name:Title:
    
    President
    
    
    
    Title:




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##### 



CONTINUING GUARANTY
   GUARANTOR FURTHER AGREES TO INDEMNIFY AND HOLD HARMLESS LESSOR FROM ANY AND ALL LOSSES, DAMAGES,
COSTS AND EXPENSES INCLUDING, WITHOUT LIMITATION, COSTS OF COURT AND ATTORNEYS FEES INCURRED BY
LESSOR) IN THE EVENT OF ANY DEFAULT BY GUARANTOR OF HIS OBLIGATIONS UNDER THIS AGREEMENT.




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GUARANTOR:/s/ Michael G. Francis

Michael G. FrancisSSN: xxx-xx-2806Address: 240 Jasmine Rd.Crowley, LA 70527




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##### 



LESSEES CERTIFICATION
     th
 Francis Drilling Fluids, Ltd.(Lessee)By:
    
    /s/ Michael G. FrancisName:
    
    Michael G. FrancisTitle: