Document:

THIS  WARRANT  AND  THE  SECURITIES  ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN
REGISTERED  UNDER  THE  SECURITIES  ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR
APPLICABLE  STATE  SECURITIES  LAWS  AND  MAY  NOT  BE  OFFERED  FOR SALE, SOLD,
TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION
STATEMENT  FOR  SUCH  SECURITIES  UNDER  THE 1933 ACT, OR AN OPINION OF COUNSEL,
SATISFACTORY  TO  THE  ISSUER  HEREOF,  TO  THE  EFFECT THAT REGISTRATION IS NOT
REQUIRED  UNDER  THE  1933  ACT  AS  SOME  OTHER EXEMPTION FROM THE REGISTRATION
REQUIREMENTS  OF  THE  1933  ACT  AND  APPLICABLE  LAWS  IS  AVAILABLE.

                               WARRANT TO PURCHASE
                                 COMMON STOCK OF
                         PETROSEARCH ENERGY CORPORATION

Date of Issuance: February __, 2007             Warrant No.  ________

          This  certifies  that,  for  value  received,  PETROSEARCH  ENERGY
CORPORATION,  a  Nevada corporation (the "Company"), grants RCH Petro Investors,
LP,  a  Delaware  limited partnership or its registered assigns (the "Registered
Holder"),  the  right  to  subscribe  for  and purchase from the Company, at the
Exercise  Price  (as  defined  herein),  from  and after 9:00 a.m. Texas time on
_______________,  2008  (the  "Exercise  Date")  and to and including 5:00 p.m.,
Texas  time  on  the  third  anniversary  of  the Exercise Date (the "Expiration
Date"),  five  million  (5,000,000)  shares,  as  such  number  of shares may be
adjusted  from  time  to time as described herein (the "Warrant Shares"), of the
Company's  common stock, par value $.001 per share (the "Common Stock"), subject
to  the  provisions  and  upon  the  terms and conditions herein set forth.  The
"Exercise  Price"  per  share  of  Common  Stock  shall  be  $1.40  per  share.

          This  Warrant is issued in connection with the transactions described
in  that certain Note and Warrant Purchase Agreement between the Company and RCH
Petro Investors, LP dated as of February 1, 2007 (the "Purchase Agreement"). The
holder  of  this  Warrant  is  subject  to certain restrictions set forth in the
Purchase  Agreement  and  shall be entitled to certain rights and privileges set
forth  in  the  Purchase  Agreement.

          SECTION 1.     REGISTRATION.  The Company shall register this Warrant,
upon  records  to  be  maintained  by the Company for that purpose (the "Warrant
Records"),  in the name of the Registered Holder. The Company may deem and treat
the  Registered  Holder as the absolute owner of this Warrant for the purpose of
any  exercise  hereof  or  any  distribution  to  the  Registered  Holder.

          SECTION  2.     REGISTRATION  OF  TRANSFERS  AND  EXCHANGES.

          (a)     Subject  to  Section  9 hereof, the Company shall register the
transfer  of this Warrant, in whole or in part, upon records to be maintained by
the  Company  for that purpose, upon surrender of this Warrant, with the Form of
Assignment attached hereto completed and duly endorsed by the Registered Holder,
to  the  Company  at  the  office  specified  in  or  pursuant  to

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Section  3(b).  Upon  any  such  registration  of  transfer,  a  new Warrant, in
substantially  the  form  of  this Warrant, evidencing the Common Stock purchase
rights  so  transferred  shall be issued to the transferee and a new Warrant, in
similar  form,  evidencing  the  remaining  Common  Stock purchase rights not so
transferred,  if  any,  shall  be  issued  to  the  Registered  Holder.

          (b)     This Warrant is exchangeable, upon the surrender hereof by the
Registered  Holder  at  the  office  of  the Company specified in or pursuant to
Section 3(b) hereof, for new Warrants, in substantially the form of this Warrant
evidencing, in the aggregate, the right to purchase the number of Warrant Shares
which may then be purchased hereunder, each of such new Warrants to be dated the
date  of  such  exchange  and  to represent the right to purchase such number of
Warrant  Shares  as  shall be designated by the Registered Holder at the time of
such  surrender.

          SECTION  3.  DURATION  AND  EXERCISE  OF  THIS  WARRANT.

          (a)     This Warrant shall be exercisable by the Registered Holder as
to  the  Warrant Shares at any time during the period commencing on the Exercise
Date  and  ending  on  the  Expiration  Date.  At  5:00 p.m., Texas time, on the
Expiration  Date,  this  Warrant,  to the extent not previously exercised, shall
become  void  and  of  no  further  force  or  effect.

          (b)     Subject  to  Sections  4,  and  7  hereof,  upon  exercise  or
surrender of this Warrant, with the Form of Election to Purchase attached hereto
completed  and  duly  endorsed  by  the Registered Holder, to the Company at 675
Bering  Drive, Suite 200, Houston, Texas 77057, Attention: President, or at such
other  address  as  the Company may specify in writing to the Registered Holder,
and upon payment of the Exercise Price multiplied by up to the number of Warrant
Shares then issuable upon exercise of this Warrant in lawful money of the United
States  of  America,  all  as  specified by the Registered Holder in the Form of
Election to Purchase, the Company shall promptly issue and cause to be delivered
to or upon the written order of the Registered Holder, and in such name or names
as  the  Registered  Holder  may designate, a certificate for the Warrant Shares
issued  upon  such exercise. Any person so designated in the Form of Election to
Purchase,  duly  endorsed by the Registered Holder, as the person to be named on
the  certificates  for the Warrant Shares, shall be deemed to have become holder
of record of such Warrant Shares, evidenced by such certificates, as of the Date
of  Exercise  (as  hereinafter  defined)  of  such  Warrant.

          (c)     The  Registered  Holder  may pay the applicable Exercise Price
pursuant  to Section 3(b), at the option of the Registered Holder, either (i) in
cash  or by cashier's or certified bank check payable to the Company, or (ii) by
wire  transfer  of  immediately  available  funds  to the account which shall be
indicated in writing by the Company to the Registered Holder, in either case, in
an amount equal to the product of the Exercise Price multiplied by the number of
Warrant  Shares  being  purchased  upon  such  exercise (the "Aggregate Exercise
Price").

          (d)     The "Date of Exercise" of any Warrant means the date on which
the  Company  shall have received (i) this Warrant, with the Form of Election to
Purchase  attached  hereto  appropriately  completed and duly endorsed, and (ii)
payment  of  the  Aggregate  Exercise  Price  as  provided  herein.

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          (e)     This Warrant shall not be exercisable until the Exercise Date
(the "Exercise Restriction Period"). Subject to the Exercise Restriction Period,
this  Warrant shall be exercisable either in its entirety or, from time to time,
for  part  only of the number of Warrant Shares which are issuable hereunder. If
this  Warrant  shall have been exercised only in part, the Company shall, at the
time  of  delivery of the certificates for the Warrant Shares issued pursuant to
such  exercise,  deliver  to  the Registered Holder a new Warrant evidencing the
rights  to  purchase  the  remaining  Warrant  Shares,  which  Warrant  shall be
substantially  in  the  form  of  this  Warrant.

          SECTION  4.     PAYMENT  OF  TAXES  AND  EXPENSES.

          (a)     The Company will pay all expenses and taxes  (other  than  any
federal or state income tax or similar obligations of the Registered Holder) and
other  governmental charges attributable to the preparation, execution, issuance
and  delivery of this Warrant, any new Warrant and the Warrant Shares; provided,
however, that the Company shall not be required to pay any tax in respect of the
transfer  of  this Warrant or the Warrant Shares, or the issuance or delivery of
certificates  for  Warrant Shares upon the exercise of this Warrant, to a person
or  entity  other  than  a  Registered  Holder  or  an Affiliate (as hereinafter
defined)  of  such  Registered  Holder.

          (b)     An  "Affiliate"  of  any person  or  entity  means  any  other
person  or  entity  directly  or  indirectly controlling, controlled by or under
direct  or  indirect  common  control  with  such  person  or  entity.

          SECTION  5.     MUTILATED  OR MISSING  WARRANT  CERTIFICATE.  If  this
Warrant  shall  be  mutilated,  lost,  stolen  or destroyed, upon request by the
Registered Holder, the Company will issue, in exchange for and upon cancellation
of  the  mutilated Warrant, or in substitution for the lost, stolen or destroyed
Warrant,  a  substitute  Warrant,  in substantially the form of this Warrant, of
like tenor, but, in the case of loss, theft or destruction, only upon receipt of
evidence  reasonably  satisfactory  to  the  Company  of  such  loss,  theft  or
destruction  of  this  Warrant  and, if requested by the Company, indemnity also
reasonably  satisfactory  to  it.

          SECTION  6.     RESERVATION,  LISTING  AND ISSUANCE OF WARRANT SHARES.

          (a)     The Company will at all times have authorized, and reserve and
keep  available,  free from preemptive rights, for the purpose of enabling it to
satisfy  any  obligation to issue Warrant Shares upon the exercise of the rights
represented  by  this  Warrant,  the  number  of Warrant Shares deliverable upon
exercise  of this Warrant. The Company will, at its expense, use it best efforts
to  cause  such  shares  to  be included in or listed on (subject to issuance or
notice  of  issuance  of Warrant Shares) all markets or stock exchanges in or on
which  the  Common  Stock is included or listed not later than the date on which
the  Common Stock is first included or listed on any such market or exchange and
will thereafter maintain such inclusion or listing of all shares of Common Stock
from  time  to  time  issuable  upon  exercise  of  this  Warrant.

          (b)     Before  taking  any action which  could  cause  an  adjustment
pursuant  to Section 7 hereof reducing the Exercise Price below the par value of
the  Warrant  Shares,  the  Company  will take any corporate action which may be
necessary  in  order  that  the  Company  may

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validly  and legally issue at the Exercise Price, as so adjusted, Warrant Shares
that  are  fully  paid  and  non-assessable.

          (c)     The  Company  covenants that all Warrant Shares will, upon
issuance  in  accordance with the terms of this Warrant, be (i) duly authorized,
fully  paid  and nonassessable, and (ii) free from all taxes with respect to the
issuance  thereof  and  from  all  liens,  charges  and  security  interests.

          SECTION  7.     ADJUSTMENT  OF  NUMBER  OF  WARRANT  SHARES.

          (a)  The number of Warrant Shares to be purchased upon exercise hereof
is  subject  to  change or adjustment from time to time as hereinafter provided:

               (i)     Stock  Dividends;  Stock  Splits;  Reverse  Stock Splits;
                       ---------------------------------------------------------
Reclassifications.  In case the Company shall (a) pay a dividend with respect to
-----------------
its  Common  Stock  in  shares  of  capital stock, (b) subdivide its outstanding
shares  of Common Stock, (c) combine its outstanding shares of Common Stock into
a  smaller number of shares of any class of Common Stock or (d) issue any shares
of  its  capital  stock in a reclassification of the Common Stock (including any
such  reclassification in connection with a consolidation or merger in which the
Company  is  the continuing corporation), other than elimination of par value, a
change  in  par  value,  or  a change from par value to no par value (any one of
which  actions  is  herein  referred to as an "Adjustment Event"), the number of
Warrant  Shares  purchasable  upon  exercise of the Warrant immediately prior to
the  record  date  for  such  Adjustment  Event  shall  be  adjusted so that the
Registered  Holder  shall thereafter be entitled to receive the number of shares
of  Common  Stock  or  other  securities  of  the Company (such other securities
thereafter  enjoying  the  rights  of shares of Common Stock under this Warrant)
that  such  Registered  Holder would have owned or have been entitled to receive
after  the  happening  of such Adjustment Event, had such Warrant been exercised
immediately  prior  to the happening of such Adjustment Event or any record date
with respect thereto.  An adjustment made pursuant to this Section 7(a)(i) shall
become  effective  immediately after the effective date of such Adjustment Event
retroactive  to  the  record  date,  if  any,  for  such  Adjustment  Event.

               (ii)     Adjustment  of  Exercise  Price.  Whenever the number of
                        -------------------------------
Warrant  Shares  purchasable  upon  the  exercise  of  each  Warrant is adjusted
pursuant  to  Section 7(a)(i), the Exercise Price for each Warrant Share payable
upon  exercise  of  each  Warrant shall be adjusted by multiplying such Exercise
Price immediately prior to such adjustment by a fraction, the numerator of which
shall  be  the number of shares of Common Stock purchasable upon the exercise of
each  Warrant immediately prior to such adjustment, and the denominator of which
shall  be  the  number  of  shares  of  Common  Stock so purchasable immediately
thereafter.

          (iii)     Adjustments  for  Consolidation,  Merger,  Sale  of  Assets,
                    ------------------------------------------------------------
Reorganization,  etc.  In  case the Company (a) consolidates with or merges into
--------------
any other corporation and is not the continuing or surviving corporation of such
consolidation  of  merger,  or  (b) permits any other corporation to consolidate
with  or  merge  into the Company and the Company is the continuing or surviving
corporation  but,  in  connection  with such consolidation or merger, the Common
Stock  is  changed  into or exchanged for stock or other securities of any other
corporation  or  cash or any other assets, or (c) transfers all or substantially
all  of  its

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properties  and  assets  to  any  other  corporation,  or  (d) effects a capital
reorganization or reclassification of the capital stock of the Company in such a
way that holders of Common Stock shall be entitled to receive stock, securities,
cash and/or assets with respect to or in exchange for Common Stock, then, and in
each  such case, proper provision shall be made so that, upon the basis and upon
the  terms  and  in  the  manner  provided  in  this  subsection  7(a)(iii), the
Registered  Holder,  upon  the  exercise  of  this Warrant at any time after the
consummation  of  such  consolidation,  merger,  transfer,  reorganization  or
reclassification,  shall be entitled to receive (at the aggregate Exercise Price
in effect for all shares of Common Stock issuable upon such exercise immediately
prior to such consummation as adjusted to the time of such transaction), in lieu
of  shares  of  Common  Stock  issuable  upon  such  exercise  prior  to  such
consummation,  the  stock and other securities, cash and/or assets to which such
holder  would have been entitled upon such consummation if the Registered Holder
had  so exercised this Warrant immediately prior thereto (subject to adjustments
subsequent  to  such  corporate  action  as nearly equivalent as possible to the
adjustments  provided  for  in  this  Section).

               (iv)     De  Minimis  Adjustments.  No adjustment in the Exercise
                        ------------------------
Price  and  number  of  Warrant  Shares  purchasable hereunder shall be required
unless  such  adjustment would require an increase or decrease of at least $0.02
in  the  Exercise Price; provided, however, that any adjustments which by reason
of  this  Section  7(a)(iv) are not required to be made shall be carried forward
and  taken into account in any subsequent adjustment.  All calculations shall be
made  to  the  nearest  full  share.

          (b)     Notice  of  Adjustment.  Whenever the number of Warrant Shares
                  ----------------------
purchasable upon the exercise of each Warrant or the Exercise Price is adjusted,
as  herein  provided, the Company shall promptly notify the Registered Holder in
writing  (such writing referred to as an "Adjustment Notice") of such adjustment
or  adjustments  and shall deliver to such Registered Holder a statement setting
forth the number of shares of Common Stock purchasable upon the exercise of each
Warrant  and  the  Exercise  Price  after such adjustment, setting forth a brief
statement  of  the  facts  requiring  such  adjustment  and  setting  forth  the
computation  by  which  such  adjustment  was  made.

          (c)     Other  Notices.  In  case  at  any  time:
                  --------------

               (i)     the  Company  shall  declare  any  cash dividend on its
Common Stock;

               (ii)     the  Company shall pay any dividend payable in stock
upon  its  Common  Stock  or  make  any  distribution  (other  than regular cash
dividends)  to  the  holders  of  its  Common  Stock;

               (iii)     the  Company shall offer for subscription pro rata to
all  of  the  holders  of its Common Stock any additional shares of stock of any
class  or  other  rights;

               (iv)     the  Company  shall  authorize  the  distribution to all
holders  of  its  Common Stock of evidences of its indebtedness or assets (other
than  cash  dividends  or  cash  distributions payable out of earnings or earned
surplus  or  dividends  payable  in  Common  Stock);

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          (v)     there shall be any capital reorganization, or reclassification
of  the  capital stock of the Company, or consolidation or merger of the Company
with  another  corporation  (other than a subsidiary of the Company in which the
Company  is  the surviving or continuing corporation and no change occurs in the
Company's  Common  Stock),  or sale of all or substantially all of its assets to
another  corporation;  or

          (vi)     there  shall  be  a  voluntary  or  involuntary  dissolution,
liquidation,  bankruptcy, assignment for the benefit of creditors, or winding up
of  the  Company;

then,  in  any  one or more of said cases the Company shall give written notice,
addressed  to  the Registered Holder at the address of such Registered Holder as
shown  on  the  books  of the Company, of (1) the date on which the books of the
Company  shall  close or a record shall be taken for such dividend, distribution
or  subscription  rights,  or  (2) the date (or, if not then known, a reasonable
approximation  thereof  by  the  Company)  on  which  such  reorganization,
reclassification,  consolidation,  merger,  sale,  dissolution,  liquidation,
bankruptcy, assignment for the benefit of creditors, winding up or other action,
as  the  case  may be, shall take place.  Such notice shall also specify (or, if
not  then  known,  reasonably  approximate)  the date as of which the holders of
Common  Stock  of  record  shall  participate  in such dividend, distribution or
subscription  rights,  or  shall  be entitled to exchange their Common Stock for
securities  or  other  property  deliverable  upon  such  reorganization,
reclassification,  consolidation,  merger,  sale,  dissolution,  liquidation,
bankruptcy,  assignment  for  the  benefit  of  creditors,  winding up, or other
action,  as  the  case may be.  Such written notice shall be given (except as to
any  bankruptcy  proceeding)  at  least  five  (5)  days  prior to the action in
question and not less than five (5) days prior to the record date or the date on
which  the  Company's transfer books are closed in respect thereto.  Such notice
shall  also  state  that the action in question or the record date is subject to
the  effectiveness  of  a  registration  statement  under  the 1933 Act, or to a
favorable  vote  of  stockholders,  if  either  is  required.

          (d)     Statement  on  Warrants.  The form of this Warrant need not be
                  -----------------------
changed  because of any change in the Exercise Price or in the number or kind of
shares  purchasable upon the exercise of a Warrant.  However, the Company may at
any  time in its sole discretion make any change in the form of the Warrant that
it  may  deem appropriate and that does not affect the substance thereof and any
Warrant  thereafter  issued,  whether  in  exchange  or  substitution  for  any
outstanding  Warrant  or  otherwise,  may  be  in  the  form  so  changed.

          (e)     Fractional  Interest.  The  Company  shall  not be required to
                  --------------------
issue  fractional Warrant Shares on the exercise of the Warrants.  The number of
full Warrant Shares which shall be issuable upon such exercise shall be computed
on the basis of the aggregate number of whole shares of Common Stock purchasable
on  the  exercise  of  the Warrants so presented.  If any fraction of a share of
Common  Stock  would, except for the provisions of this Section 7(e) be issuable
on  the  exercise of the Warrants (or specified proportion thereof), the Company
shall  pay an amount in cash calculated by it to be equal to the then fair value
of  one  share  of  Common Stock, as determined by the Board of Directors of the
Company in good faith, multiplied by such fraction computed to the nearest whole
cent.

     SECTION  8.     NO  RIGHTS OR LIABILITIES AS A STOCKHOLDER.  The Registered
Holder  shall not be entitled to vote or be deemed the holder of Common Stock or
any  other

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securities  of  the  Company  which  may at any time be issuable on the exercise
hereof,  nor  shall  anything  contained  herein be construed to confer upon the
holder  of  this Warrant, as such, the rights of a stockholder of the Company or
the  right to vote for the election of directors or upon any matter submitted to
stockholders  at  any  meeting  thereof,  or  give  or  withhold  consent to any
corporate  action  or  to  receive notice of meetings or other actions affecting
stockholders  (except  as  provided  herein),  or  to  receive  dividends  or
subscription  rights  or  otherwise,  until  the  Date  of  Exercise  shall have
occurred.  No provision of this Warrant, in the absence of affirmative action by
the  Registered  Holder  hereof  to purchase shares of Common Stock, and no mere
enumeration  herein of the rights and privileges of the Registered Holder, shall
give  rise  to  any  liability  of  such  holder  for the Exercise Price or as a
stockholder of the Company, whether such liability is asserted by the Company or
by  creditors  of  the  Company.

          SECTION  9.     TRANSFER RESTRICTIONS; REGISTRATION OF THE WARRANT AND
WARRANT  SHARES.

          (a)     Neither  the  Warrant  nor  the  Warrant  Shares  have  been
registered  under  the  1933  Act.  The Registered Holder, by acceptance hereof,
represents  that  it  is  acquiring  this Warrant to be issued to it for its own
account and not with a view to the distribution thereof, and agrees not to sell,
transfer,  pledge  or  hypothecate  this  Warrant, any purchase rights evidenced
hereby  or  any  Warrant Shares unless a registration statement is effective for
this Warrant or the Warrant Shares under the 1933 Act, or in the opinion of such
Registered  Holder's  counsel  reasonably satisfactory to the Company, a copy of
which  opinion  shall  be  delivered  to  the  Company, such registration is not
required  as some other exemption from the registration requirements of the 1933
Act  and  applicable  laws  is  available.

          (b)     Subject  to  the provisions of the following paragraph of this
Section  9,  each  Certificate  for Warrant Shares shall be stamped or otherwise
imprinted  with  a  legend  in  substantially  the  following  form:

  THE  SHARES  REPRESENTED  BY  THIS  CERTIFICATE  HAVE  NOT  BEEN REGISTERED
  UNDER  THE  SECURITIES  ACT  OF  1933,  AS  AMENDED  (THE  "1933  ACT"), OR
  APPLICABLE  STATE  SECURITIES  LAWS  AND MAY NOT BE OFFERED FOR SALE, SOLD,
  TRANSFERRED  OR  OTHERWISE  DISPOSED  OF  IN  THE  ABSENCE  OF AN EFFECTIVE
  REGISTRATION  STATEMENT  FOR SUCH SECURITIES UNDER THE 1933 ACT, AN OPINION
  OF  COUNSEL,  SATISFACTORY  TO  THE  ISSUER  HEREOF,  TO  THE  EFFECT  THAT
  REGISTRATION  IS  NOT  REQUIRED  UNDER THE 1933 ACT AS SOME OTHER EXEMPTION
  FROM  THE  REGISTRATION REQUIREMENTS OF THE 1933 ACT AND APPLICABLE LAWS IS
  AVAILABLE.

          (c)     The  restrictions  and requirements set forth in the foregoing
paragraph  shall  apply  with  respect  to  Warrant Shares unless and until such
Warrant  Shares  are  sold  or  otherwise  transferred  pursuant to an effective
registration  statement under the 1933 Act or are otherwise no longer subject to
the  restrictions  of the 1933 Act, at which time the Company agrees to promptly

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cause  such  restrictive  legends  to  be removed and stop transfer restrictions
applicable  to  such  Warrant  Shares  to  be  rescinded.

          (d)     The  Company will use its best efforts to comply with the
reporting requirements of Section 13 and 15(d) of the Securities Exchange Act of
1934,  as amended (the "1934 Act") (whether or not it shall be required to do so
pursuant  to  such  Sections)  and  will use its best efforts to comply with all
other  public  information reporting requirements of the Securities and Exchange
Commission ("SEC") including, without limitation, Rule 144 promulgated under the
1933  Act)  from  time  to time in effect and relating to the availability of an
exemption  from the 1933 Act for sale of restricted securities. The Company also
will  cooperate  with  the Registered Holder and with each holder of any Warrant
Shares in supplying such information as may be necessary for any such holders to
complete  and  file  any  information  reporting  forms  presently  or hereafter
required  by the SEC as a condition to the availability of an exemption from the
1933  Act  for  the  sale  of  restricted  securities.

          SECTION  10.     REGISTRATION  RIGHTS.  The  Holder  shall have and be
entitled  to  exercise the rights of registration granted under the Registration
Rights  Agreement  dated  February  __,  2007  between the Company and RCH Petro
Investors,  LP.

          SECTION  11.     NOTICES.  All  notices,  requests,  demands and other
communications  relating to this Warrant shall be in writing and shall be deemed
to  have  been  duly  given  if  delivered  personally  or sent by United States
certified  or  registered  first-class  mail,  postage  prepaid,  return receipt
requested,  to  the  parties  hereto at the following addresses or at such other
address as any party hereto shall hereafter specify by notice to the other party
hereto:

          (a)     If to the Registered Holder of this Warrant or the holder of
the Warrant Shares, addressed to the address of such Registered Holder or holder
as  set  forth  on books of the Company or otherwise furnished by the Registered
Holder  or  holder  to  the  Company.

          (b)     If  to  the  Company,  addressed  to:

                  Petrosearch  Energy  Corporation
                  675  Bering  Drive,  Suite  200
                  Houston,  Texas  77056
                  Attn:  President

          SECTION  12.     BINDING EFFECT. This Warrant shall be binding upon
and  inure  to the sole and exclusive benefit of the Company, its successors and
assigns,  and  the  holder  or holders from time to time of this Warrant and the
Warrant  Shares.

          SECTION  13.     SURVIVAL  OF  RIGHTS  AND  DUTIES. This Warrant shall
terminate and be of no further force and effect on the earlier of (i) 5:00 p.m.,
Texas  time,  on the Expiration Date and (ii) the date on which this Warrant and
all  purchase  rights  evidenced  hereby  have  been  exercised, except that the
provisions  of  Sections  4, 6(c), 10 and 11 hereof shall continue in full force
and  effect  after  such  termination  date.

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<PAGE>
          SECTION  14.     GOVERNING  LAW.  This  Warrant  shall be construed in
accordance  with  and  governed  by  the  laws  of  the  State  of  Texas.

          SECTION 15.     SECTION HEADINGS. The Section headings in this Warrant
are  for  purposes  of  convenience only and shall not constitute a part hereof.

          IN WITNESS WHEREOF, the Company has caused this Warrant to be executed
under  its  corporate  seal  by its officers thereunto duly authorized as of the
date  hereof.

                                        PETROSEARCH  ENERGY  CORPORATION

                                     By:/s/ Richard D. Dole
                                        ---------------------------------------
                                        Richard  D.  Dole,  President  and  CEO

                                     By:/s/ David Collins
                                        ----------------------------------------
                                        David  Collins,  Vice  President and CFO

                                        9
<PAGE>
                          FORM OF ELECTION TO PURCHASE

                 (To Be Executed Upon Exercise of this Warrant)

To Petrosearch Energy Corporation:

     The  undersigned,  the  record  holder of this Warrant (Warrant No. _____),
hereby irrevocably elects to exercise the right, represented by this Warrant, to
purchase  ___________  of  the  Warrant  Shares  and herewith and hereby tenders
payment  for  such Warrant Shares to the order of Petrosearch Energy Corporation
of  $_________ representing the full purchase price for such shares at the price
per  share provided for in such Warrant and the delivery of any applicable taxes
payable  by  the  undersigned  pursuant  to  such  Warrant.

     The undersigned requests that certificates for such shares be issued in the
name  of:

---------------------------------

---------------------------------

---------------------------------

---------------------------------     -----------------------------------------
(Please  print  name  and address)     Social Security or Tax Identification No.

     In the event that not all of the purchase rights represented by the Warrant
are  exercised,  a new Warrant, substantially identical to the attached Warrant,
representing  the rights formerly represented by the attached Warrant which have
not  been  exercised,  shall  be  issued  in  the  name  of  and  delivered  to:

---------------------------------

---------------------------------

---------------------------------      -----------------------------------------
(Please  print  name  and address)     Social Security or Tax Identification No.

Dated:                                 Name of Holder (Print):
       ----------------

                                        By:
                                           -------------------------------------
                                        (Name):
                                               ---------------------------------
                                        (Title):
                                                --------------------------------

                          FORM OF ELECTION TO PURCHASE
<PAGE>
                               FORM OF ASSIGNMENT

     FOR VALUE RECEIVED, ________________ hereby sells, assigns and transfers to
each  assignee  set  forth  below all of the rights of the undersigned under the
attached  Warrant  (Warrant  No.  ___)  with  respect to the number of shares of
Common  Stock covered thereby set forth opposite the name of such assignee unto:

Name  of  Assignee          Address          Number  of  Shares  of
------------------          -------            Of  Common  Stock
                                               -----------------

     If  the  total of said purchase rights represented by the Warrant shall not
be  assigned, the undersigned requests that a new Warrant Certificate evidencing
the  purchase  rights  not so assigned be issued in the name of and delivered to
the  undersigned.

Dated:                              Name  of  Holder  (Print):
      ---------------------                                   ------------------

                                        --------------------------------
                                            (Signature  of  Holder)NXPW form 8K 02-02-2007 EX 10.1

     

    EMPLOYMENT
      AGREEMENT

     

    

     

    (Director,
      Chief Executive Officer, President)

     

    This
      EMPLOYMENT AGREEMENT is dated as of this 1st day
      of
      February, 2007 (“Date of Commencement”).between Robert
      Ford (the
      “Executive”) and NEXTPHASE
      WIRELESS, INC.,
      a
      Nevada
      corporation (the “Company”).

     

    WHEREAS,
      the Company wishes to employ the Executive and the Executive desires to accept
      such employment, upon the terms and conditions stated herein;

     

    NOW,
      THEREFORE, in consideration of the promises exchanged by the parties, it is
      agreed:

     

    
      	1.  	
              Employment.
                The Company hereby agrees to employ the Executive, and the Executive
                hereby accepts such employment, upon the terms and conditions set
                forth
                herein. 

            

    

     

    
      	2.  	
              Duties
                and Responsibilities of the Executive.
                During the term of his employment, the Executive shall execute his
                duties
                and responsibilities as follows:

            

    

     

    
      	a.  	
              The
                Executive shall diligently and faithfully serve the Company in the
                capacity of President and CEO, which shall be the Chief Executive
                Officer
                of the Company responsible for the operations of the
                Company.

            

    

     

    
      	b.  	
              The
                Executive shall devote his best efforts, services and attention to
                the
                advancement of the Company’s business and interests. The Executive shall
                devote his time, attention and energies to the affairs of the Company.
                

            

    

     

    
      	c.  	
              The
                Executive shall report to, and be subject to the supervision of,
                the Board
                of Directors of the Company. The Executive shall diligently and faithfully
                carry out the policies, programs and directions of the Board of
                Directors
                of
                the Company. The Executive shall execute and discharge such duties
                and
                responsibilities as may be assigned to the Executive from time to
                time by
                the Board of Directors of the
                Company.

            

    

     

    
      	d.  	
              The
                Executive will have a position on the Board of Directors for the
                duration
                of this agreement.

            

    

     

    
      	e.  	
              The
                Executive shall fully cooperate with other officers and executives
                of the
                Company.

            

    

     

    
      	f.  	
              Subject
                to the provisions of Section 2.c,
                the Executive shall:

            

    

     

    
      	(i)  	
              Be
                responsible for the organization, implementation and operation of
                the
                Company’s activities as determined from time to time by the Board of
                Directors;

            

    

     

    
      	(ii)  	
              Be
                responsible for employing and supervising other employees of the
                Company,
                subject to the policies and procedures and direction of the Board
                of
                Directors;

            

    

     

    
      	(iii)  	
              Be
                responsible for recommending to the Board for approval all contracts
                between the Company and other entities for the provision of goods
                and
                services;

            

    

     

    
      	(iv)  	
              Generally
                perform the usual duties and responsibilities of a President and
                Chief
                Executive Officer of the Company.

            

    

     

    
      
        
        

      

      
        -
          1 -

        
          

        

      

      
        
        

      

    

     

    
      	3.  	
              Compensation.
                In consideration of the services rendered by the Executive, the Company
                agrees to compensate the Executive as
                follows:

            

    

     

    
      	a.  	
              Base
                Compensation.
                The Executive’s annual base compensation initially shall be one hundred
                and eighty thousand dollars ($180,000), being declared Compensation
                shall
                be payable in accordance with the salary policies of the Company
                in effect
                from time to time but no less frequently than monthly.
                

            

    

     

    
      	b.  	
              Salary
                Increases.
                The Salary will increase on 10-1-07 to two hundred and fifty thousand
                dollars ($250,000). The Company shall annually review the Executive’s
                Performance and compensation. The Executives base compensation will
                be
                increased annually by not less than five percent (5%). Executive’s annual
                base compensation shall not be reduced below the base compensation
                as from
                time to time adjusted, unless agreed upon in
                writing.

            

    

     

    
      	c.  	
              Incentive
                Bonuses.
                The Board of Directors shall grant Executive such annual bonuses
                as the
                Board of Directors, in its discretion, may determine to be appropriate
                in
                light of the Company’s performance and the Executive’s performance and
                contribution to the Company’s
                success.

            

    

     

    
      	d.  	
              Automobile
                Allowance.
                The Executive shall receive an automobile allowance not to exceed
                $750
                monthly for the purpose of leasing and maintaining insurance on an
                automobile of the Executive’s
                choice.

            

    

     

    
      	e.  	
              Term
                Life Insurance.
                The Company shall purchase and provide with term life insurance coverage
                after six months of employment, in the amount of $1,000,000: the
                beneficiary, or beneficiaries, shall be named by the Executive. The
                Executive agrees to permit the Company to purchase “Key man” term life
                insurance coverage for the benefit of the Company at its sole
                discretion.

            

    

     

    
      	f.  	
              Vacation
                and Medical Leave.
                The Executive shall have three (3) weeks of vacation at times mutually
                convenient to Executive and the Company. Accrued vacation may not
                be
                carried over, but must be used in the annual period in which it accrues.
                Continuation of compensation during periods of absence for medical
                reasons
                will be determined by Company
                policy.

            

    

     

    
      	g.  	
              Withholdings.
                The Executive’s salary and all other payments and benefits shall be
                subject to all deductions and withholdings mandated by federal, state
                and
                local laws and regulations.

            

    

     

    
      	h.  	
              Expenses.  
                The Executive shall be reimbursed for all necessary and reasonable
                expenses incurred by him in the execution of his duties and
                responsibilities and in accordance with policies approved by the
                Board or
                Directors. 

            

    

     

    
      	i.  	
              Executive
                shall submit to Company for review any proposed scientific and technical
                articles and the text of any public speeches relating to work done
                for
                Company before they are released or delivered. Company has the right
                to
                disapprove and prohibit, or delete any parts of, such articles or
                speeches
                that might disclose Company's Trade Secrets or Confidential Information
                or
                otherwise be contrary to Company's business
                interests.

            

    

     

    
      	4.  	
              Term
                of Agreement. Unless
                terminated as provided in Paragraph 5(c) “Termination for Cause” hereof,
                the Term of this Employment Agreement shall continue for Three (3)
                years
                from February 1, 2007 to January 31, 2010, and shall be renewable
                by the
                mutual consent of the Parties. If written notice of non-renewal is
                not
                given by either Executive or Company not less than three (3) months
                before
                the expiration of the term of this Employment Agreement (or any renewal
                term) the Employment Agreement shall be automatically renewed, from
                time
                to time, for subsequent three (3) year
                terms.

            

    

     

    
      
        
        

      

      
        -
          2 -

        
          

        

      

      
        
        

      

    

     

    
      	5.  	
              Termination
                of Employment Agreement.
                

            

    

     

    
      	a.  	
              Notice
                and Severance Pay. Either
                party may terminate this Employment Agreement at any time upon sixty
                (60)
                days written notice provided that,

            

    

     

    
      	(i)  	
              If
                the Company should terminate such employment other than pursuant
                to
                subparagraph 5(c) “Termination for Cause”, the Executive shall be entitled
                to “Severance Pay” an amount equal
                to:

            

    

     

    
      	a.  	
              The
                full base Compensation that he was receiving immediately before his
                termination for a Term of twelve (12) months according to the Employment
                Agreement

            

    

     

    
      	b.  	
              Continuation
                of Benefits afforded regular employees of the Company for the severance
                pay period as defined in 5(a)

            

    

     

    

     

    A
      Bonus
      each year of the severance pay period (pro rated for partial years) equal to
      the
      bonus received by the Executive for the year preceding the year in which
      termination occurs.

     

    
      	(ii)  	
              If
                Executive is terminated following a “Change In Control” as set forth in
                Paragraph 5(a), the Company shall pay Executive Severance Pay equal
                to two
                (2) times the Base Compensation that he is receiving immediately
                before
                his termination, and agrees to release all stock agreed to in section
“G”
                Equity, in full. 

            

    

     

    
      	b.  	
              Change
                in Control
                means the earlier of:

            

    

     

    
      	(i)  	
              The
                date on which any person or entity, or persons or entities acting
                in
                concert, shall acquire the beneficial ownership, as defined by the
                Board
                of Directors in its sole discretion, of Shares or other securities
                having
                more than sixty percent (60%) of the Voting Power then outstanding
                other
                than a transfer by reason of death to a deceased Shareholder’s
                representatives or beneficiaries. 

            

    

     

    
      	(ii)  	
              The
                Shareholders of the Corporation approve the merger or consolidation
                of the
                Corporation with or into any other corporation, other than a merger
                or
                consolidation which would result in the voting securities of the
                Corporation outstanding immediately prior thereto continuing to represent
                (either by remaining outstanding or by being converted into voting
                securities of the surviving entity) at least 50% of the Voting Power
                of
                the Corporation or such surviving entity outstanding immediately
                after
                such merger or consolidation: or

            

    

     

    
      	(iii)  	
              The
                Shareholders of the Corporation approve a plan of complete liquidation
                of
                the Corporation or an agreement for the sale or disposition by the
                Corporation of all or substantially all of the Corporation’s
                assets.

            

    

     

    
      	c.  	
              Termination
                for Cause.
                Notwithstanding the preceding, the Company may terminate the Executive’s
                employment for fraud, gross dishonesty, and non performance, acts
                of
                criminal misconduct, unwilling to follow direct requests from the
                Board of
                Directors or willful and material violation of the Employment Agreement
                following reasonable written
                warning.

            

    

     

    
      
        
        

      

      
        -
          3 -

        
          

        

      

      
        
        

      

    

     

    
      	d.  	
              Death.
                This Employment Agreement shall terminate automatically upon the
                death of
                the Executive.

            

    

     

    
      	e.  	
              Result
                of Termination.
                Upon termination of Executive’s employment pursuant to this Section,
                Employer shall pay to Executive’s estate, on the Termination Date, a lump
                sum payment of an amount equal to (i) all accrued and unused vacation
                and
                sick pay payable to Executive by Employer with respect to serviced
                rendered by Executive to Employer through the Termination Date; and,
                (ii)
                if the Termination Date occurs during the Extended Term, an amount
                equal
                to twelve (12) months salary based upon the then existing salary
                of
                Executive, payable in the same manner as salary would have been paid
                to
                Executive had he continued to work for Employer hereunder. In addition
                to
                the foregoing, and notwithstanding the provisions of any other agreement
                to the contrary, Employer shall continue to provide for the benefit
                of
                Executive’s family the medical benefits for twelve (12) months following
                the Termination Date

            

    

     

    
      	f.  	
              Disability.
                This Employment Agreement shall terminate upon the Disability of
                the
                Executive. “Disability” refers to the Executive being unable to perform
                substantially all the duties of his employment, as determined by
                two
                physicians who are not affiliates of the Company or the Executive,
                one of
                whom is selected by the Company and one of whom is selected by the
                Executive.

            

    

     

    
      	g.  	
              Termination
                for Good Reason:
                If Executive terminates his employment for “Good Reason”. The Executive
                shall be entitled to the “Severance Pay” provided in subparagraph 5a
                (ii).

            

    

     

    Termination
      of Employment for “Good Reason” shall include any of the following, unless the
      Executive shall have expressly consented in writing to:

     

    
      	(i)  	
              The
                assignment of duties inconsistent with or a substantial alteration
                in the
                nature of, the Executives
                responsibilities;

            

    

     

    
      	(ii)  	
              A
                material reduction in compensation or
                benefits;

            

    

     

    
      	(iii)  	
              A
                relocation of the Executive outside the metropolitan of his current
                residence;

            

    

     

    
      	(iv)  	
              Any
                material breach by the Company of any provision of this
                Agreement;

            

    

     

    
      	(v)  	
              Any
                failure by the Company to obtain the assumption and performance of
                this
                Agreement by any successor (by merger or otherwise). Notwithstanding
                the
                foregoing, the aggregate amount of Severance Compensation paid to
                the
                Executive hereunder shall not include any amount that the Company
                is
                prohibited from deducting for federal income tax purposes by virtue
                of
                Section 280G of the Internal Revenue Code or any successor
                plan.

            

    

     

    
      
        
        

      

      
        -
          4 -

        
          

        

      

      
        
        

      

    

     

    
      	6.  	
              Ownership
                of Developments.

            

    

     

    
      	a.  	
              Ownership
                of Work Product.
                Company shall own all Work Product. Executive acknowledges that all
                Work
                Product is and shall be deemed work for hire by Executive as an employee
                or Consultant of Company and owned by the Company. To further evidence
                Company’s ownership rights and independent of this Agreement, Executive
                shall execute and deliver to Company the Employee Intellectual Property
                Acknowledgement, Assignment and Agreement attached hereto as Exhibit
                A. To
                the extent any Work Product is not, by operation of law, deemed work
                made
                for hire by Executive for Company (or if ownership of all right,
                title and
                interest of the intellectual property rights therein shall not otherwise
                vest exclusively in Company), Executive agrees to assign all such
                Work
                Product to Company as set forth in the Employee Intellectual Property
                Acknowledgement, Assignment and
                Agreement.

            

    

     

    
      	b.  	
              Clearance
                Procedure for Developments Not Claimed by Company.
                In the event Executive wishes to create or develop, on his own time
                and
                with his own resources, anything that may be considered Work Product,
                but
                Executive believes he should or desires to be entitled to the personal
                benefit of such development or invention, Executive shall observe
                the
                following clearance procedure set forth in the Employee Intellectual
                Property Acknowledgement, Assignment and Agreement attached hereto
                as
                Exhibit A.

            

    

     

    
      	7.  	
              Confidentiality.

            

    

     

    
      	a.  	
              Consequences
                of Entrustment with Sensitive Information.
                Executive recognizes that his position with Company requires considerable
                responsibility and trust. Relying on Executive’s responsibilities
                hereunder and undivided loyalty, Company expects to entrust Executive
                with
                highly sensitive confidential, restricted, and proprietary information
                involving Trade Secrets and other intellectual property. Executive
                should
                recognize that it could prove very difficult to isolate these Trade
                Secrets from business activities that Executive might consider pursuing
                after termination of employment, and in some instances, Executive
                may not
                be able to compete with Company in certain ways because of the risk
                that
                Company's Trade Secrets might be compromised. Executive is responsible
                for
                protecting and preserving Company's proprietary rights for use only
                for
                Company's benefit, and these responsibilities may impose unavoidable
                limitations on Executive’s ability to pursue some kinds of business
                opportunities that might interest Executive during or after his
                employment.

            

    

     

    
      	b.  	
              Restrictions
                on Use and Disclosure of Trade Secrets.
                Executive agrees not to use or disclose any Trade Secrets of Company
                during his employment and for so long afterwards as the pertinent
                information or data remain Trade Secrets, whether or not the Trade
                Secrets
                are in written or tangible form, except as required to perform any
                duties
                for Company.

            

    

     

    
      
        
        

      

      
        -
          5 -

        
          

        

      

      
        
        

      

    

     

    
      	c.  	
              Screening
                of Public Releases of Information.
                In addition, and without any intention of limiting Executive’s other
                obligations under this Agreement in any way, Executive shall not,
                during
                his employment, reveal any nonpublic information concerning the technology
                pertaining to the proprietary products and manufacturing processes
                of
                Company (particularly technology under current development or
                improvement), unless Executive has obtained approval from Company
                in
                advance. In that connection, Executive shall submit to Company for
                review
                any proposed scientific and technical articles and the text of any
                public
                speeches relating to work done for Company before they are released
                or
                delivered. Company has the right to disapprove and prohibit, or delete
                any
                parts of, such articles or speeches that might disclose Company's
                Trade
                Secrets or Confidential Information or otherwise be contrary to Company's
                business interests.

            

    

     

    
      	8.  	
              Return
                of Materials.
                Upon the request of Company and, in any event, upon the termination
                of
                employment hereunder, Executive must return to Company and leave
                at its
                disposal all memoranda, notes, records, drawings, manuals, computer
                programs, documentation, diskettes, computer tapes, and other documents
                or
                media pertaining to the business of Company or Executive’s specific duties
                for Company (including all copies of such materials). Executive must
                also
                return to Company and leave at its disposal all materials involving
                any
                Trade Secrets of Company. This obligation applies to all materials
                made or
                compiled by Executive, as well as to all materials furnished to Executive
                by anyone else in connection with employment
                hereunder.

            

    

     

    
      	9.  	
              Benefit.
                This Agreement shall inure to the benefit of and shall be binding
                upon the
                parties hereto and their respective successors and assigns but the
                obligations of the Executive hereunder may not be assigned by the
                Executive and are personal to her. The Executive agrees that the
                Company
                may arrange for his employment through an employee-leasing firm provided
                that his rights hereunder are not materially
                reduced.

            

    

     

    
      	10.  	
              Entire
                Agreement.
                This instrument contains the entire agreement of the parties and
                supersedes any prior written or oral understandings or agreements.
                It may
                not be changed orally but only by an agreement in writing signed
                by the
                party against whom enforcement of any waiver, change, modification,
                extension, or discharge is sought.

            

    

     

    
      	11.  	
              Governing
                Law.
                This Agreement shall be governed by and interpreted in accordance
                with the
                substantive laws of the State of
                California.

            

    

     

    

     

    

     

    
      
        
        

      

      
        -
          6 -

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the parties have executed this Agreement as of the date first
      written above.

     

    

    
      	 	 	
              _________________________________

            
	 	 	
              By:
                Robert Ford (the “Executive”)

            
	 	 	 
	 	 	
              NEXTPHASE
                WIRELESS, INC

            
	 	 	 
	 	 	
              ____________________________________

            
	 	 	
              By:
                Thomas
                Hemingway,
                COO and Chairman

            
	 	 	 

    

    

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    
      
        
          
          

        

        
          - 7
            -

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