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| 1.   | The above recitals are adopted as true and correct. |
|----------------|-----------------------------------------------------|

| 2.   | GTF shall be entitled to compensation for providing capitalization services, consulting, and other services described previously. |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------|

| 3.   | All potential capitalization structures recommended by GTF shall be in writing, shall meet both SMG and BOC’s reasonable initial criteria test and shall be otherwise reasonably acceptable to both SMG and BOC.  All relationships initiated by GTF to BOC and SMG shall remain the property of GTF, and therefore GTF shall be compensated separately for any separate transaction executed between the GTF contact and BOC or SMG. |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.   | This Agreement represents an exclusive agreement by and between SMG, BOC and GTF as it relates to the construction/development of Plant B.  This means that GTF will act as the sole or exclusive agent that will interface with SMG and BOC for the development of Plant B’s construction/development.  This exclusive Agreement will be in place for a period of 12 months from the date of this signed Agreement.  GTF shall have proprietary protection on all relationships initiated with both SMG and BOC.  Following the exclusive period, GTF shall be entitled to compensation for each and all equity investments made to or through BOC and/or SMG, which are as a result of GTF introductions, for a period of five (5) years from the date hereof; and, GTF shall be entitled to compensation for each and all loans/debt made in association with Plant B, which are as a result of GTF introductions, for a period of three (3) years from the date hereof.  GTF will register all applicable relationships in writing with BOC. |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.   | In the event that GTF makes an introduction to another party who has control or ownership of the relationship with a party that makes a capital contribution, it is the expectation of the parties hereto that such party is a representative of the investor and shall be instructed by the parties hereto to seek and expect his or her compensation from the investor.  In the event that GTF employs the services of other agents in its performance hereunder, and in the absence of any alternative arrangement agreed by all parties, GTF shall be solely responsible for any and all compensation to such other agents.  It is reasonable to expect that GTF will use an established network of qualified sub-agents. |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 6.   | The compensation described herein applies to SMG and BOC’s bromine production project located near Blackwell, Oklahoma and identified as the “Dilworth Field” (the “Project”). For underwriting the Project, providing financing and capitalization consulting services to BOC regarding the Project, preparing a complete development and operational proforma for the Project, and drafting the initial private placement memorandum for the Project, which will need to be reviewed and finalized by SMG, and by  BOC’s counsel, GTF shall be compensated fifty-thousand dollars and NO/100s ($50,000)A. Additionally, compensation shall be one hundred dollars and NO/100s ($100.00) plus a fee (as set forth in the fee schedule below) equal to a percentage of the value of the economic contribution by either a lender or investor to the capital structure of the Project. The compensation is paid on the same schedule as the capital is contributed and shall be payable via cashier’s check or federal wire transfer, within 24 hours of BOC’s receipt of clear and unrestricted capital from the relationship initiated by GTF, proportionate to the capital received.  The fee scheduleB is as follows: |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.   | As GTF pursues and moves toward completing the underwriting of the Project and creating the described documents as well as identifying both debt and equity participants, BOC agrees to reimburse GTF for expenses associated with the Project (“Expenses”) following the execution of this Agreement.  Expenses shall include but not be limited to travel, applicable industry association dues, printing, packaging, and report fees associated with the Project.  All expenses shall be submitted by GTF in writing and approved by BOC in advance; and, expense reimbursement shall not exceed ten-thousand dollars and NO/100s ($10,000) throughout the life of the exclusive period described above. |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.   | General Provisions. |
|----------------|---------------------|

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| Beard Oil Company,a Delaware corporation  /s/  Herb Mee, Jr.                     |   | Notice Info:301 N.W. 63rd Street, Suite 400Oklahoma City, OK 73116Fax:  405-842-9901email:  hmee@beardco.com    |
|------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------|
| Herb Mee, Jr.Title:  President                                                             |   |                                                                                                                                |
|                                                                                                 |   |                                                                                                                                |
| GT Financial, Inc.,a Florida corporation  /s/  Greg Conner                       |   | Notice Info:999 Brickell Avenue, Suite 401Miami, FL  33131Fax:  305-374-6895email:  greg@gtfloans.com |
| Greg ConnerTitle:  President                                                               |   |                                                                                                                                |
|                                                                                                 |   |                                                                                                                                |
| Subsurface Minerals Group, LLC,an Oklahoma limited liability company /s/  Scott Small |   | Notice Info:PO Box 30622Edmond, OK  73003email:  ssmallcmc@aol.com                                              |
| Scott SmallTitle:  Manager                                                                 |   |                                                                                                                                |

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| RSE Energy, LLC,an Oklahoma limited liability company                        |   | Notice Info:210 North BroadwayAda, Oklahoma  74820Attention:  David TaylorFax:  (580) 559-0809email:  david.taylor@chickasaw.net |
|------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| David TaylorTitle:  Manager                                        |   |                                                                                                                                                                     |
|                                                                         |   |                                                                                                                                                                     |
| True Energy Exploration, LLC,an Oklahoma limited liability company           |   | Notice Info:P,O. Box 2643Ada, Oklahoma  74821Attention:  Robert R. Cantrellemail: bob@bobcantrell.com                                                |
| Robert R. CantrellTitle:  Manager                                  |   |                                                                                                                                                                     |
|                                                                         |   |                                                                                                                                                                     |
| The Beard Company,an Oklahoma corporation  /s/  Herb Mee, Jr. |   | Notice Info:301 NW 63rd Street, Suite 400Oklahoma City, OK 73116Fax:  405-842-9901email:  hmee@beardco.com                                           |
| Herb Mee, Jr.Title:  President                                     |   |                                                                                                                                                                     |
|                                                                         |   |                                                                                                                                                                     |
| Anderson Oil, Ltd.,a Texas limited liability company                         |   | Notice Info:5005 Woodway, Suite 300Houston, TX 77056Fax: (713) 652-9002email: andersonoil@andersonoilltd.com                                                             |
| Neal AndersonTitle:  Vice President                                |   |                                                                                                                                                                     |
|                                                                         |   |                                                                                                                                                                     |

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| JRC Revocable Trust                                                                              |   | Notice Info:Jackie R. Cooper, Trustee6703 N.W. Grand Blvd.Oklahoma City, OK 73116Fax:  (405) 753-7001Email:  jcooper@cooperbmw.com                 |
|--------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Jackie R. Cooper,Title:  Trustee                                                       |   |                                                                                                                                                                   |
|                                                                                             |   |                                                                                                                                                                   |
| Beard 1988 CRUT. LLC,an Oklahoma limited liability company   /s/  W.M. Beard |   | Notice Info:301 NW 63rd Street, Suite 400Oklahoma City, OK 73116Attention:  William M. BeardFax:  405-842-9901email:  bbeard@beardco.com |
| W.M. BeardTitle:  Manager                                                              |   |                                                                                                                                                                   |
|                                                                                             |   |                                                                                                                                                                   |
| Salbertson, LLC,a Texas limited liability company                                                |   | Notice Info:7423 Azalea LaneDallas, TX 75230Fax:  (214) 361-6513email:  rebel@rebelcpa.com                                                         |
| Rebel L. RobertsonTitle:  Manager                                                      |   |                                                                                                                                                                   |
|                                                                                             |   |                                                                                                                                                                   |
| Hue Green, LLC,an Oklahoma limited liability company   /s/  Hue Green        |   | Notice Info:301 NW 63rd Street, Suite 400Oklahoma City, OK 73116Attention:  Hue GreenFax:  405-842-9901email:  hgreen@beardco.com        |
| Hue GreenTitle:  Manager                                                               |   |                                                                                                                                                                   |
|                                                                                             |   |                                                                                                                                                                   |

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