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                              MANAGEMENT AGREEMENT
                              --------------------

                               THIS  AGREEMENT dated for reference the 15th day
                               of February, 2006,

                BETWEEN:

                               Kozub  Enterprises Ltd., a company  incorporated
                               under the laws of  British  Columbia  with its
                               registered axed records office at 103-301  Main
                               Street Penticton, B.C, V2A 587, Canada
                               (the "Manage,")

                                            OF THE FIRST PART

                AND

                               Nitro Petroleum, Incorporated a company
                               incorporated under the laws of Nevada with its
                               business offices at 123 Christie  Mountain Lane
                               Okanagan Falls, BC V0 IRO, Canada
                               (the "Company")

                                            OF THE SECOND PART

                WHEREAS:

               A.              The Company carries on business as oil and gas
               exploration (the "Business");

               B.            The Manager has certain expertise n the field of
               oil and gas  exploration  related to the Business and the Company
               desires to retain -the Manager to perform management services for
               the Company and the Business in accordance with the terms and on
               the conditions set forth in this Agreement;

               C.            The Manager has agreed to provide these services to
              the Company and to the  Business  in  accordance  with  the  terms
              and on the conditions  as  hereinafter  set forth and the parties
              hereto are entering into this Agreement to record their respective
              rights and obligations in connection with the management of the
              business.

              THEREFORE THIS AGREEMENT  WITHESSES that in  consideration  of the
              premises,  mutual covenants and Agreements herein  contained,  the
              parties hereto covenant and agree with each other as follows:

              1.00          APPOINTMENT

              1.01 The Company  hereby  engages the Manager as a manager of the
              Business and the Manager hereby accepts such engagement and agrees
              to serve as manager of the Business on a full time basis
              throughout the Term, (as hereinafter defined) on, the terms and
              conditions herein set forth.

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                                        2

 2.00            TERM

 2.01 The engagement of the Manager hereunder will be for a term of one (1) year
commencing  as and from  February  15,  2006 (the  "Term"),  subject  to earlier
termination as provided for herein.

2.02 Unless this  Agreement  and the  engagement  of the  Manager  hereunder  is
otherwise  terminated  prior  to the  expiration  of the  Term,  the Term may be
renewed  for  further  terms of one (1) year each at the option of the  Company,
provided  the  Company  gives the  Manager  at least one (1)  months'  notice in
writing of its intention not to renew the Term.

 3.00            REMUNERATION

 3.01            In consideration of the services to be rendered by the Manager
                 hereunder:

         (a)     the Company will pay to the Manager the sum of Thirty  Thousand
                 US  Dollars  (USD  $30,000.00)  per  year  payable  in 12 equal
                 monthly  instalments  of Two  Thousand  Five Hundred US Dollars
                 (USD  $2,500.00)  which  amount  will be  payable  on the  15th
                 business day of each calendar month of the Term, with the first
                 of such instalments payable on March 15, 2006,

         (b)     the Company will  reimburse the Manager for all  travelling and
                 other  out-ofpocket   expenses  of  the  Manager  actually  and
                 properly  incurred  in  connection  with the  discharge  of his
                 duties  hereunder,  provided that the Manager  furnishes to the
                 Company all necessary  receipts and statements  with respect to
                 such expenses as and when required by the Company.

3.02 The remuneration to be paid to the Manager by the Company hereunder will be
subject to annual review by the Company's  board of directors and will be agreed
upon  between  the  parties  hereto  but  will  never be less  than  the  amount
established in Paragraph 3.01 of this Agreement. If the parties fail to agree on
the remuneration to be paid to the Manager by the Company hereunder,  the amount
of  such  remuneration  will  be  determined  by  arbitration  pursuant  to  the
provisions of paragraph 8.00 hereof.

4.00             TERMS AND CONDITIONS OF EMPLOYMENT

4.01 The Manager  will serve the Company as an  administrator  and will  provide
business advice and management services to the Company.

4.02 The  Manager  will have full  power and  authority  to  manage,  direct and
control the day to day business and affairs of the Business, excepting only such
matters and duties as by law may be transacted or performed only by the board of
directors or shareholders of the Company with the rights,  privileges and duties
of the position of Manager as defined by the Company from time to time.

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                                        3

 4,03 The manager  will devote the whole of his  business  time,  attention  and
 ability to the Business and will well and  faithfully  serve the Company during
 the  continuance  of his  term of  engagement  hereunder  and will use Mrs best
 efforts-to promote the interests of the Company and its Business.

  5.00          CONFIDENTIALITY

 5.01 The Manager will not disclose the private  affairs or trade secrets of the
 Company or the  Business  and will not use for Us own  purposes or for purposes
 other than those of the Company and the Business, arty confidential information
 he may acquire in relation to the Company or the Business.

 6.OO           TERMINATION

 6.01           This Agreement may be terminated in the following manner and in
                the following  circumstances



        (a)     at any time by notice in writing  from the Company to the
                Manager fox cause,  including,  but not  limited to, a breach by
                the Manager of any of the terms and conditions of this Agreement
                and

        (b)     by no less  than one (1)  months'  notice  in  writing  given by
                either party to the other,  which notice in writing may be given
                at any time.


7.00    VACATIONS

7.01 During the Term of this Agreement, or any renewal thereof, the Manager will
be entitled to a total of four (4) weeks paid  vacation n each calendar year and
all other  holidays as may from time to time be required by law, Such  vacations
will be taken at such, times as the Company's board of directors may from time
to time determine having regard to the operation of the Business.

 8.00    ARBITRATION

 8.01 If there is any  disagreements  between the parties hereto with respect to
 the terms of this  Agreement or the  interpretation  thereof,  the same will be
 referred to a single arbitrator pursuant to Commercial Arbitration Act (B.C.),
and any amendments thereto, and the determination of such arbitrator will be
final and, binding upon the patties hereto.

9,00     INTERPRETATION

9.01.  Each provision of this Agreement is declared to constitute a separate and
distinct  covenant  and will be  severable  from all  other  such  separate  and
distinct covenants.

9.02 If any covenant or provision is determined to be void or unenforceable,  in
whole or in parts it will not be deemed to affect or impair the  enforceability
or validity of any other  covenant or provision  of this  Agreement or any part
thereof.

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                                        4

 9.03 The headings in this Agreement  form no part of the agreement  between the
 parties and will be deemed to have been inserted for convenience  only and will
 not affect the construction hereof.

 9.04  Wherever the singular or the  masculine is used herein,  the same will be
 deemed to include the plural or the  feminine or the body  politic or corporate
 where the context of the parties so require.

  10.00          GOVERNING LAW

 1.0.01 This  Agreement  will, in all respects,  be governed by and construed in
 accordance with the laws of the Province of British Columbia.

  11.00          FURTHER DOCUMENTS

 11.01 The parties will execute such further  assurances and other documents and
 instruments  and do such  further  and  other  things  as may be  necessary  to
 implement and, carry out the intent of this Agreement.

 12.00           NOTICE

 12.01 Any notice in writing  required or permitted to be given to either party
hereunder will be deemed to have been well and  sufficiently  given if mailed by
prepaid  registered  mail or delivered or telecopied to the address of the party
to whom it is  directed  set forth on page 1, or such  other  address as either
party may from time to time direct in writing and any such notice will be deemed
to have been  received,  if mailed,  three (3)  business  days after the date of
mailing and, if delivered or telecopied,  upon the date of delivery or telecopy.
If normal mail service is  interrupted by strike,  slow down,  force majeure or
other  cause,  a notice  sent by mail will not be deemed  to be  received  until
actually received, and the party sending the notice will deliver such notice in
order to ensure receipt thereof.

 13.00          ENTIRE AGREEMENT

13.01 The provisions  herein constitute the entire agreement between the parties
and  supersede   all  previous   expectations,   undertakings,   communications,
representations  and agreements  whether  verbal or written  between the parties
with, respect to the subject matter hereof.

 14.00          NO PARTNERSHIP

1.4.07,  No agency or partnership  is hereby created  between the parties and no
representations  wit be made by either  party  which,  would create any apparent
agency or partnership between the parties hereto,

15.00           ENUREMENT

15.01 The,  provisions  of this  Agreement  will entire to the benefit of and be
binding  upon  the  parties  hereto  and  their  respective  heirs,   executors,
successors and assigns.

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              IN  WITNESS   WHEREOF  the  parties  hereto  have  executed  this
               Agreement as of the day and year first above written.


THE CORPORATE SEAL OF                    )
T. Kozub Enterprises Ltd.                )
was affixed hereto in the presence of:   )
                                         )                c/s
  signed                                 )
-------------------------------------    )
Authorized Signatory                     )
                                         )
                                         )
                                         )
 signed                                  )
------------------------------------     )
Authorized Signatory



 THE CORPORATE SEAL OF                   )
Nitro  Petroleum, Incorporated           )
was affixed hereto in the presence of:   )
                                         )
                                         )                  c/s
signed                                   )
-----------------------------------      )
Authorized Signatory                     )
                                         )
                                         )
                                         )
signed                                   )
-----------------------------------      )
Authorized Signatory                     )