PROPERTY TRANSFER AGREEMENT
                          ---------------------------


This Property Transfer Agreement (the "Agreement") is made this 29th day of Sep-
tember, 2010 (the "Execution Date"), by and between DAVID A NELSON and SIGNATURE
INVESTOR GROUP, LC dba  SIG Partners, LC ("Transferors and each, individually, a
"Transferor") and REGENT TECHNOLOGIES, INC., a Colorado  corporation  ("Parent")
and REGENT GLSC TECHNOLOGIES, INC., a Texas corporation  and a wholly-owned sub-
sidiary of Parent or Assigns ("Transferee")  whose address is 5646 Milton, Suite
722, Dallas, Texas.  Transferors and  Transferee may also be referred to  herein
individually as a  "Party" or,  collectively, as the "Parties."  Certain defined
terms used in this Agreement are set forth in Appendix A (Appendix of Defini-
tions) attached hereto and made a part hereof.

WHEREAS Transferors are the  owners of certain oil and gas mineral interests and
proprietary information, including research, field testing, and  actual drilling
results.

WHEREAS Transferee desires to acquire  the Subject Assets (as defined below) and
to assume the  Assumed Obligations (as defined  below) from  the Transferors, on
the following terms and conditions.

WHEREAS Transferors desire to transfer the Subject Assets with the Assumed Obli-
gations to  Transferee or to one or  more Affiliates of Transferee designated by
Transferee, on the following terms and conditions.

NOW THEREFORE, in consideration  of the  premises and the  respective agreements
hereinafter set forth and for other good and valuable consideration, the receipt
and sufficiency of  which are hereby acknowledged, the Parties  hereby  agree as
follows:


1.	TRANSFER OF ASSETS AND ASSUMPTION OF OBLIGATIONS.

Section 1.1  	Transfer of Subject Assets.  On the terms of  and subject to the
conditions in this  Agreement, Transferors will  cause the conveyance, transfer,
assignment and deliverance  to Transferee and/or its  nominee,  effective on the
Execution Date, certain  oil and gas  assets  and property of Transferor, except
the  Excluded Assets (as defined  below) (collectively  the "Subject Assets") as
follows:

(a)  	The oil and gas leasehold  interests, including record  title  and  non-
operating rights, for a 100% Working Interest and a  75% Net Revenue Interest in
and to the Undeveloped Reserves in the leases (the "Mineral Leases"), limited to
those listed on Schedule 1.1(a);

(b)  	The oil and gas wellbore and related  wellbore assets listed on Schedule
1.1(b);

(c)  	The pipeline and utility permit listed on Schedule 1.1 (c);

(d)	The Transferor's  rights related  to  the development of the oil and gas
interests in Coke  County, Texas described in the agreement  attached  hereto as
Exhibit A (the "GSO Agreement").

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(e)  	All  files,  books  and  records ("Books and Records")  and  Proprietary
Property of Transferors covering the Subject Assets, and the Mineral Leases, all
as the same exist on the  Execution Date  including, but  not limited to as such
exist, geological  plats,  surveys,  maps,  cross-sections, production  records,
electric  logs,  core  data, pressure data, production  curves, well  files  and
related matters  covering  the  Subject Assets (collectively  the  "Transferors'
Records").

The assets listed on  Appendix B (the "Excluded Assets")  shall  be  retained by
Transferors and all rights and interests in, and obligations with respect to the
Excluded Assets shall remain the  sole  property, liability  and  obligation  of
Transferors.

Section 1.2  	Assumption of Obligations.  In  addition  to  the payment of the
Consideration, Transferee  shall assume  the development/drilling obligations of
the Mineral Leases.  Implied  obligations under  this Agreement are the expendi-
tures and  activities  necessary to  maintain the  continuance of the  leasehold
estates  (the "Assumed Obligations")  through  the development of oil and gas in
commercial quantities  from the  Proved Undeveloped Reserves  under the  Mineral
Leases set forth on Exhibit B (the "Reserve Report").   Notwithstanding any pro-
vision in this  Agreement or any  other writing to  the  contrary, Transferee is
assuming only the Assumed Obligations as required under the terms of the Related
Agreement  set  forth on  Exhibit C  (the "SIG Partners Agreement")  and  is not
assuming any  other Liability  related to the Subject Assets of whatever nature,
whether presently in existence or arising hereafter.  All such other Liabilities
shall be retained by and remain obligations and liabilities of Transferors.

Section 1.3  	Subject Assets Sold "As Is, Where Is".  THE PARTIES HERETO AGREE
THAT  THE SUBJECT  ASSETS  SOLD  PURSUANT TO  THIS AGREEMENT ARE SOLD, CONVEYED,
TRANSFERRED  AND ASSIGNED ON  AN "AS IS, WHERE IS"  BASIS "WITH ALL FAULTS"  AND
THAT EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, TRANSFERORS MAKE NO REPRE-
SENTATIONS OR WARRANTIES, TERMS, CONDITIONS, UNDERSTANDINGS OR COLLATERAL AGREE-
MENTS OF ANY  NATURE OR KIND, EXPRESS  OR IMPLIED, BY STATUTE OR OTHERWISE, CON-
CERNING THE SUBJECT ASSETS  OR  THE CONDITION,  QUALITY, OR  USEFULNESS,  OF THE
SUBJECT  ASSETS,  INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTY OF MERCHANT-
ABILITY OR  FITNESS FOR A  PARTICULAR PURPOSE, WHICH  WARRANTIES ARE ALSO HEREBY
EXPRESSLY DISCLAIMED.  THE PARTIES  FURTHER ACKNOWLEDGE  AND AGREE THAT NO PARTY
SHALL BE LIABLE  UNDER THIS AGREEMENT  FOR ANY  LOST PROFITS OR INDIRECT, CONSE-
QUENTIAL, PUNITIVE OR SPECIAL DAMAGES UNDER ANY CIRCUMSTANCES.

Transferee confirms,  acknowledges and  agrees that it has inspected the Subject
Assets prior to the execution of this Agreement to the extent  that it wishes to
do so and that Transferee is relying upon its own investigations and inspections
of the Subject Assets with respect to the quality and condition thereof.

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Section 1.4  	Delivery of  Instruments of Transfer.    At  Closing, or as soon
thereafter as practical, Transferors  shall deliver to Transferee such  specific
assignments and other good and  sufficient instruments of  conveyance and trans-
fer, in form and  substance satisfactory to Transferee and its counsel, as shall
be  reasonably  requested  by Transferee to effectively vest in Transferee, good
and marketable title to all the  Subject Assets (and  in the case of oil and gas
assets,  defensible title), including, but  not limited to the  bill of sale and
assignment  and  assumption  agreement, dated  the Execution Date, in  the  form
attached hereto as Exhibit D (the "Bill of Sale and Assignment").

Section 1.5 	 Further Assurances.  Transferors, at  any time and from time to
time after the  Closing, upon  request of  Transferee, will do, execute, acknow-
ledge and deliver all such further acts, deeds, assignments,  transfers, convey-
ances, powers of attorney and assurances as  may be  reasonably required for the
better conveying, transferring,  assigning and  delivering  to Transferee, or to
its successors  and  assigns, and for  aiding and  assisting in  collecting  and
reducing to Transferee's possession, all of the Subject Assets.


2.	CONSIDERATION.

Section 2.1    Consideration.  The Consideration for the Subject Assets shall be
the sum of the following:

(a)    Common Stock.    Parent  shall  issue  to  Transferee  or  its  designees
13,500,000 shares of Parent's Restricted Common Stock (the "Common Shares"). The
certificate of designations for the Common Shares shall have the terms set forth
on Schedule 2.1(a), and  shall be in a form  reasonably acceptable to Parent and
Transferors.

(b)   Debt Forgiveness.  As additional consideration, Transferee shall cause the
forgiveness of the  indebtedness due (principal and interest) under a promissory
note from  David A. Nelson to  Regent GLSC Technologies, Inc. in  the  principal
amount of $70,000.00.

(c)   Adjustments in Common Shares.  In the event of any change in the outstand-
ing common  stock of the  Parent, prior to or as a result of the Closing of this
Agreement  beyond  the  issuance  of  the  Common  Shares, the Parent shall make
equitable adjustments in the Common Shares such that the amount of Common Shares
owned by the Transferors as a  percent of the  total  shares  outstanding of the
Parent at the  Execution Date shall not be less  than 80.5 percent (80.5%).  Any
new, additional or  different securities to which the Participant shall be enti-
tled in respect of Common Shares by reason of such adjustment shall be deemed to
be restricted  shares and  shall be  subject to the  same terms, conditions, and
restrictions as the Common Shares so adjusted.

Section 2.2  	 Transfer  Taxes.   All  applicable  sales  and  transfer  taxes
("Transfer Taxes"), if  any,  arising  by  reason of the transfer of the Subject
Assets under this Agreement will be paid by Transferee.


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3.	REPRESENTATIONS AND WARRANTIES.

Section 3.1   Transferor Representations and Warranties.   Transferor represents
and warrants to  Transferee, each of  which representations and warranties shall
survive Closing,  (and  shall continue in  effect until  one (1) year  after the
Closing) that:

(a)  Duly Organized.   Transferor is a company duly organized, validly existing,
and in good standing under the laws of the State of Texas.

(b)  Corporate Power.   Transferor has all requisite corporate power and author-
ity to carry on its business as presently conducted, to enter into the Agreement
to transfer the Subject Assets on the terms  described in this Agreement, and to
perform  its obligations under the Agreement.  The consummation of the  transac-
tions contemplated  by the Agreement  will not violate, nor be in conflict with,
(i) any  provision of its  corporate charter or bylaws or  (ii) any agreement or
instrument to which it is a party or is bound.

(c)  Duly Executed; Mineral  Lease Provisions.  The Agreement has been duly exe-
cuted and delivered on  behalf of Transferor, and at  Closing, all documents and
instruments  required  hereunder to be  executed and  delivered by it shall have
been duly executed and delivered or will be  executed and delivered as necessary
to carry out the intentions of the Parties.  All Mineral Leases are in force and
effect, and are encumbered only by Permitted Encumbrances as  described on Sche-
dule 3.1(c).

(d)  No Litigation.  There are  no pending or, to the best of Transferor's know-
ledge, threatened claims, lawsuits, administrative  proceedings, or governmental
investigations or inquiries involving  Transferor's right to consummate the sale
contemplated hereunder.

(e)  No Bankruptcy Filings; No Adverse Events.  There are no bankruptcy or other
similar reorganizations  pending, being contemplated by the Transferor or to the
knowledge of Transferor threatened against Transferor.  The Company is not aware
of any major  discovery or other  favorable or adverse event that is believed to
have caused a  significant  change in the  estimated Proved Undeveloped Reserves
since December 31, 2009 as set forth in the Reserve Report.

(f)  No Broker's Fees.   Transferor has not  incurred  any liability, contingent
or otherwise, for broker's or  finder's fees in respect to the transactions con-
templated hereby for which Transferee may be liable or become liable.

(g)  Environmental.  There  are no  pending, or to  the  knowledge of Transferor
threatened,  enforcement, clean-up,  removal,  remediation,  mitigation or other
claims or proceedings  under any  environmental law  and relating to the Subject
Assets.

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Section 3.2  Transferee Representation and Warranties. Transferee represents and
warrants to Transferor, each of  which representations and warranties shall sur-
vive Closing (and shall continue in effect until one (1) year after the Closing)
that:

(a)  Duly Organized. Transferee is a  corporation duly organized, validly exist-
ing, and in good standing under the laws of the state of Texas.

(b)  Corporate Power. Transferee has all requisite corporate power and authority
to carry on its business as presently conducted, to enter into the Agreement, to
acquire the Subject Assets on the terms described in the Agreement, and  to per-
form its other obligations under the  Agreement.  The consummation of the trans-
actions contemplated by the Agreement will not violate, nor be in conflict with,
(i) any provision of its charter  or bylaws or  (ii) any agreement or instrument
to which it is a party or is bound.

(c)  Duly Executed. The Agreement has been duly executed and delivered on behalf
of Transferee, and at Closing, all documents and  instruments required hereunder
to be  executed and delivered by it shall  have been duly executed and delivered
and the transactions contemplated hereby have been  duly and validly  authorized
by all requisite corporate action or will be executed and delivered as necessary
to carry out the intentions of the Parties.

(d)  No Litigation.  There  are no pending or, to the best of Transferee's know-
ledge, threatened claims, lawsuits, administrative  proceedings, or governmental
investigations or inquiries involving  Transferee's right to consummate the sale
contemplated hereunder.

(e)  No Broker's Fees.  Transferee has not incurred any liability, contingent or
otherwise, for broker's or finder's fees in  respect to the transactions contem-
plated hereby for which Transferor may be liable or become liable.

(f)  No Bankruptcy  Filing by  Transferee.  There are not  bankruptcy or similar
reorganizations pending, or being contemplated by, or to the knowledge of Trans-
feree against Transferee.


4.	OTHER AGREEMENTS .

Section 4.1 	Title Defects.

(a)  If Transferee or Parent discovers any  Title Defect or Environmental Defect
affecting any of the Subject Assets  Transferee must  notify Transferors of such
alleged  Title Defect or  Environmental  Defect must be within six (6) months of
the Closing.  To be effective, such notice ("Title  Defect  Notice" or "Environ-
mental Defect Notice," respectively) must be in good faith and must:

(i)    be in writing,

(ii)   describe  the Title Defect  or Environmental  Defect in reasonable detail
including the basis of the alleged defect (including any alleged variance in the
Net Revenue Interest or Working Interest of any  alleged Title  Defect) and  any
supporting documents,

(iii)  identify the specific Subject Assets to which such Title Defect or Envir-
onmental Defect relates, and

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(iv)  include  Transferee's  good faith  estimate of the cost to cure such Title
Defect or Environmental Defect (the "Transferee's Estimated Cure Cost").

(b)  Transferors  agree to  consider in  good  faith  each of Transferee's Title
Defect and Environmental Defect claims  and Transferee's Estimated Cure Cost. If
Transferors agree with Transferee's Estimated Cure Cost with respect to a parti-
cular Title Defect or  Environmental  Defect, such  costs  shall be  journalized
(each a "Cure Cost").  If Transferors disagree  that a  Title Defect or Environ-
mental Defect exists  or the  Parties cannot  agree on a Cure  Cost, the Parties
will submit such dispute to mediation.

(c)  Notwithstanding anything to the contrary herein, at the end of the Examina-
tion Period, any matters that may  otherwise constitute a Title Defect or Envir-
onmental Defect, but of which Transferors have not been specifically notified by
Transferee in accordance with the foregoing, shall be deemed to have been waived
by Transferee.

Section 4.2  Notices. All notices and communications required or permitted under
this Agreement shall be in writing, delivered to or sent by U.S. Mail or nation-
ally recognized commercial courier service, postage or delivery charges prepaid,
or by telecopy, addressed as indicated in the  first paragraph of this Agreement
(or such other address as may be specified by ten (10) days prior written notice
to the other Party).  Notice shall be deemed to have been duly  given when deli-
vered to or sent to the other party in the manner prescribed herein and actually
received by the Party to whom the notice is given.

Section 4.3  Complete Agreement. When executed by the authorized representatives
of Transferor and Transferee, this  Agreement, together with the executed copies
of the Exhibits as appropriate and documents referred to herein, shall supersede
all  prior written  or oral  and all contemporaneous  oral agreements and under-
standings between the  parties relative to  this transaction, including  without
limitation, all and any bid  solicitation, bid offer and bid acceptance letters,
and shall constitute the complete agreement between the Parties.

Section 4.4  	Closing.  The consummation of  the transactions  contemplated by
this Agreement (the "Closing") shall take place at the offices of Regent Techno-
logies, Inc., or at such  other place as the  Parties may  agree,  commencing at
10:00 a.m. local time  on September 27,  2010  or  such  other date as Buyer and
Sellers may  mutually  determine but in no event  later than  September 30, 2010
(the "Closing Date").

Section 4.5    	Survival  and  Timing.  All  representations,  indemnifications,
covenants,  and obligations of the parties  set forth  in  this  Agreement shall
survive Closing, but  only  until one  (1) year  from the  Closing.  Time  is of
the essence hereof.

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Section 4.6  	Miscellaneous Provisions.

(a)  Captions. Captions have been inserted for reference purposes only and shall
not define or limit the terms of this Agreement.

(b)  Partial Invalidity.  If  any  provision of  this Agreement is held invalid,
such invalidity shall not affect the remaining provisions.

(c)  Modification.  This  Agreement  cannot be  modified or  amended except by a
written instrument duly executed by Transferor and Transferee.

(d)  Press Releases.  No  information in  connection  with this sale or exchange
naming the other  party shall  be  released to  the  public, including,  without
limitation,  through  press  releases, without the express written permission of
Transferor and Transferee, unless required by applicable federal, state or local
laws.

(e)  Further Assurances.  Transferor and Transferee each agree from time to time
to execute and deliver to  the other  party  all  assignments,  division orders,
transfer orders, letters-in-lieu and other instruments  necessary  to fully vest
in Transferee the rights and benefits acquired pursuant to this Agreement.

(f)  No Partnership.  Nothing  contained in  this Agreement  shall be  deemed to
create a  joint venture,  partnership,  tax  partnership or agency  relationship
between the Parties.

(g)  Assign.  Neither Transferor nor  Transferee, without the prior written con-
sent of the other Party, shall  have assigned any  right or  obligation  contem-
plated under this Agreement prior to Closing, or attempt to delegate any duty to
be performed under  this Agreement  before or after Closing.  Consent  to assign
shall not be unreasonably withheld by either Party.  Any attempted assignment or
delegation without such consent shall be void and of no effect.

(h)  Jurisdiction, Venue, Governing Law, Attorney's Fees. Jurisdiction and venue
of any dispute under this Agreement shall  reside in the  federal or  state dis-
trict court in Dallas, Texas.  This Agreement shall be governed by and construed
in accordance with the  laws of the  State of Texas, notwithstanding  any  rule,
principle or law with respect to conflicts of laws to the contrary. The prevail-
ing party in any dispute involving  this Agreement shall be  able to recover, in
addition to any other payments, all expenses related to attorney's fees and
court costs.

(i)  No Recording. This Agreement shall not be recorded or filed by any Party or
their successors or assigns, in or with any public or governmental office, offi-
cer, agency or records repository without the prior written consent of the other
Party.



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                        signature page follows]


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IN WITNESS WHEREOF, the Parties have duly executed this Property Transfer Agree-
ment as of the date first set forth above.

 	 PARENT

 	 REGENT TECHNOLOGIES, INC.



 	By:DAVID L. RAMSOUR
           ----------------
           David L. Ramsour, Secretary and Director


 	TRANSFEREE

 	REGENT GLSC TECHNOLOGIES, INC.




 	By:PHILIP G. RALSTON
           -----------------
           Philip G. Ralston, President


 	TRANSFERORS

 	DAVID A. NELSON




 	By:DAVID A. NELSON
           ---------------
 	   David A. Nelson, an individual


        SIGNATURE INVESTOR GROUP, LC dba SIG PARTNERS, LC




 	By:DAVID A. NELSON
           ---------------
 	   David A. Nelson, President

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