Assignment of Oil and Gas Leases

     Hudson Resources Corp., 11108 N.W. 115, Yukon,  Oklahoma 73099 ("Assignor")
for  and  in   consideration   of  One  Dollar  paid,  the  receipt  whereof  is
acknowledged,  does hereby SELL, ASSIGN, TRANSFER AND SET OVER unto Superior Oil
and Gas Corp.,  14910 N.W. 35th Street,  Yukon,  Oklahoma 73099 ("Assignee") all
its  interest in and to the oil and gas leases  described  on Exhibit A attached
hereto  insofar as the leases  cover the lands  described  on Exhibit A attached
hereto in KINGFISHER  COUNTY,  OKLAHOMA  together  with all the rights  incident
thereto and the  personal  property  thereon,  appurtenant  thereto,  or used or
obtained in connection therewith.
     For  the  same  consideration,   Assignor  covenants  with  Assignee,   its
successors  or assigns  that the  Assignor  is the lawful  owner of and has good
title to the  interests  described  on Exhibit A, free and clear from all liens,
encumbrances or adverse claims,  that the leases are valid and subsisting leases
on the lands and all rentals and  royalties  due thereon  have been paid and all
conditions  necessary to keep the leases in full force have been duly performed,
and that Assignor will warrant and forever defend the leases against all persons
whomsoever, lawfully claiming or to claim the same.
     Executed on May 23, 2006.

                                                 Hudson Resources Corp.


                                                 By: /s/ Thomas Marshall, Pres.
                                                    ----------------------------
State of Oklahoma
County of Canadian

     Before me, the  undersigned,  a Notary  Public,  in and for said County and
State on this 23rd day of May, 2006,  personally  appeared Thomas Marshall to me
known to be the identical  person what  subscribed the name of the maker thereof
to the foregoing instrument as its ____________ President and acknowledged to me
that he executed the same as his free and voluntary act and deed and as the free
and  voluntary  act and deed of such  corporation,  for the  uses  and  purposes
therein set forth.  Given under my hand and seal of office the day and year last
above written.

                                                                /s/ Gayla McCoy
My commission expires:  9/24/08                                -----------------
#15241                                                         Notary Public











                                                                    Exhibit 10.7
                                                               Page 1 of 2 Pages

<PAGE>
<TABLE>
<CAPTION>

                                    EXHIBIT A
                                       TO
                        ASSIGNMENT OF OIL AND GAS LEASES
                               DATED MAY 23, 2006
                     From HUDSON RESOURCES, CORP. (Assignor)
                                       To
                       SUPERIOR OIL AND GAS CO. (Assignee)

                           KINGFISHER COUNTY, OKLAHOMA

Date of                                                                                  Gross   Recorded:
Lease      Lessor                    Lessee                   Land Description           Acres   Book-Page
-----      ------                    ------                   ----------------           -----   ---------
<S>        <C>                       <C>                      <C>                        <C>     <C>
04-21-06   Larry Struck,             Hudson Resources Corp.   SW/4 Sec. 9-T15N-R6W       160     2080-094
           Jim Struck, Trustee

04-21-06   Jim Struck                Hudson Resources Corp.   NW/4 Sec. 17-T15N-R6W      160     2080-092

04-21-06   Jeneth Hamm,              Hudson Resources Corp.   NW/4 Sec. 18-T15N-R6W      160     2080-090
           Jim Struck, Trustee

04-27-06   Colleen and Jack Foster   Hudson Resources Corp.   NE/4 Sec. 25-T16N-R6W      100     2080-088

04-24-06   Brenda Hornbeak           Hudson Resources Corp.   NE NE Sec. 25-T16N-R6W     10      2080-084

04-27-06   Claudette Crawford        Hudson Resources Corp.   NE NE Sec. 25-T16N-R6W     10      2080-086

05-12-06   Gwendolyn Washington      Hudson Resources Corp.   NE NE/4 Sec. 25-T16N-R6W   10      2083-132

04-27-06   Rusty Nail                Hudson Resources Corp.   NE/4 Sec. 25-T16N-R6W      30      2083-130
</TABLE>











                                                                    Exhibit 10.7
                                                               Page 2 of 2 Pages