Filed by Automated Filing Services Inc. (604) 609-0244 - Western Standard Energy Corp. - Exhibit 10.7






ASSIGNMENT 

THIS ASSIGNMENT made as of the 13th day of
December, 2007. 

          Coastal
Petroleum Company (the “Assignor”), a Florida corporation, whose address is Post
Office Box 609, Apalachicola, Florida 32329, for and in consideration of the sum
of Forty Thousand ($40,000.00) and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, does hereby GRANT,
BARGAIN, SELL, TRANSFER, ASSIGN, and CONVEY unto Western Standard Energy Corp.
(the “Assignee”), a Nevada Corporation, whose address is 2 Sheraton Street,
London, W1F 8BH, United Kingdom, all of its rights, which is one hundred percent
(100%) of 8/8ths right, title, interest and estate, in and to the Oil and Gas
Lease described in Exhibit “A” (the “Described Leases”) attached hereto and made
a part hereof, together with the residue unexpired of the terms of the Described
Leases and all the benefits and advantages to be derived therefrom, saving and
excepting the royalty accorded to the Lessor in the Described Leases. 

          The
Assignor hereby covenants with the Assignee that notwithstanding any act of the
Assignor the said Described Leases are good, valid and subsisting leases, and
that the obligations, covenants and payments thereby and therein reserved have
been duly paid up to and including the respective expiry dates stated in Exhibit
“A” attached hereto and that the covenants and conditions contained in the
Described Leases have been duly paid and performed by the Assignor up to the
date hereof, and that the Assignor has good right to assign the Described Leases
and premises in the manner aforesaid. 

          The
Assignor covenants and agrees to forthwith transfer record legal title in the
Described Leases to the Assignee by recording the Described Leases and this
Assignment in the Public Records of Slope County, North Dakota. 

          This
Assignment is made and accepted subject to that Farmout Agreement between the
Assignor and the Assignee, dated December 11, 2007, a copy of which has been
retained by both the Assignor and the Assignee, to the burdens or encumbrances
within said 




Described Leases or to which it may be subject, which the
Assignee hereby assumes, and to the Agreement between Oil For America,
Assignee’s Assignor, and Suncor Energy (Natural Gas) America Inc., a copy of
which has been retained by both the Assignor and the Assignee.

          This
Assignment may be executed in several counterparts, each of which will be deemed
to be an original and all of which will together constitute one and the same
instrument. 

          Delivery
of an executed copy of this Assignment by electronic facsimile transmission or
other means of electronic communication capable of producing a printed copy will
be deemed to be execution and delivery of this Assignment. 

          TO
HAVE AND TO HOLD said assigned interest unto Assignee, its successors and
assigns, subject to all of the express and implied covenants and obligations of
the leases and this Assignment. 

          IN
WITNESS WHEREOF the parties hereto have executed and delivered this Assignment
as at the date first above written. 

	Assignor: 	Coastal Petroleum Company 
	 	 
	 	 
	 	 
	  	By: Robert J. Angerer, Sr. 
	  	           
       Vice President 


Approved by: 
Western Standard Energy Corp. 

Per: 
________________________________
         
Dan Bauer, President 




State of North Dakota County of Stark 

On this 13th day of December, 2007, before me, a Notary Public,
personally appeared Robert J. Angerer, Sr., Vice President of Coastal Petroleum
Company that is described in and that executed the within instrument and
acknowledged to me that the company executed the same. 

GIVEN UNDER MY HAND AND SEAL OF OFFICE, this December 13, 2007.


	My Commission Expires: 	
	 	Notary Public 
	 	Residing at Dickinson 
	 	Stark County, North Dakota







Exhibit A 

The described part of the following mineral lease: 

That part of BLM Lease USANDM-90634
which includes the SW 1⁄4 of Section 18, Township 136 North Range 100 West, Slope
County, North Dakota. 

The rights include all rights below the
bottom of the Tyler formation, expire on January 31, 2011 subject to payment of
annual rentals, and have an 80% net revenue interest.