Document:

CONSULTING AGREEMENT

THIS AGREEMENT dated for reference the 28th day of February, 2007.

BETWEEN:

                T. Kozub Enterprises Ltd., a company incorporated under the laws
                of British Columbia with its registered and records office at
                103 - 301 Main Street
                Penticton, B.C. V2A 5B7, Canada
                (the "Adviser")

                                                              OF THE FIRST PART
AND:

                  Nitro Petroleum  Incorporated a company incorporated under the
                  laws of  Nevada  with its  business  offices  at 260 - 7250 NW
                  Express Way, Oklahoma City, OK 73121, USA
                  (the "Company")

                                                             OF THE SECOND PART
WHEREAS:

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

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

C. The  Adviser 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 Business.

THEREFORE THIS AGREEMENT WITNESSES 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  Adviser  as an  Adviser to the board of
directors  of the Company and the Adviser  hereby  accepts such  engagement  and
agrees  to  serve  as  Adviser  on a part  time  basis  throughout  the Term (as
hereinafter defined) on the terms and conditions herein set forth.

<page>

2.00              TERM
2.01 The engagement of the Adviser  hereunder will be for a term of one (1) year
commencing  as and from  February  28,  2007 (the  "Term"),  subject  to earlier
termination as provided for herein.

2.02 Unless this  Agreement  and the  engagement  of the  Adviser  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  Adviser  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 Adviser
                  hereunder:

         (a)      the  Company  will pay to the  Adviser  the sum of  Forty  Two
                  Thousand US Dollars  (USD  $42,000.00)  per year payable in 12
                  equal monthly  instalments  of Three  Thousand Five Hundred US
                  Dollars  (USD  $3,500.00)  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, 2007,

         (b)      the Company  will  reimburse  the  Adviser for all  travelling
                  expenses   incurred  while   travelling  as  required  by  the
                  President and other reasonable  out-of-pocket  expenses of the
                  Adviser actually and properly  incurred in connection with the
                  discharge of his duties  hereunder,  provided that the Adviser
                  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 Adviser 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 Adviser 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 ENGAGEMENT
4.01              The Adviser will provide business advice and management
services to the Company.

4.02 The  Adviser  will have full  power and  authority  to engage  and  oversee
progress of the work of the accountants  and auditors of the Company,  to engage
and negotiate  agreements with legal advisers.  The Adviser will have full power
to do any acts in order to ensure the Company's  compliance  with the securities
laws in all the jurisdictions of the United States and Canada as may be required
and advised by the legal advisers.

<page>

4.03 The  Adviser  will  devote not less than  Twenty (20) hours per week 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 his best efforts to promote the interests of the Company
and its Business.  Any Adviser's  services  required by the Company in excess of
the Twenty (20) hours per week will be compensated to the Adviser by the Company
at a rate of Forty Five US Dollars (USD $45.00) per hour.

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

6.00              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 Adviser for cause,
     including, but not limited to, a breach by the Adviser of any of the terms
     and conditions of this Agreement, and

(b)  by no less than two (2) 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 Adviser will
be entitled to a total of four (4) weeks paid vacation in 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 disagreement 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 the Commercial  Arbitration Act (B.C.),  and
any amendments  thereto,  and the determination of such arbitrator will be final
and binding upon the parties 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 part,  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.

<page>

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 or the parties so require.

10.00             GOVERNING LAW
10.01 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
14.01 No agency or  partnership  is hereby  created  between  the parties and no
representations  will 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  enure to the  benefit of and be
binding  upon  the  parties  hereto  and  their  respective  heirs,   executors,
successors and assigns.

<page>

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:      )
                                            )
/s/ Ted Kozub                               )                 c/s
--------------------------------------------
Authorized Signatory                                 )
                                                     )
--------------------------------------------         )
Authorized Signatory                                 )

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

                  This  Agreement  made on this 28th day of February,  2007 (the
"Effective Date").

BETWEEN:

QUANTUM ENERGY INC., a company duly incorporated under the laws of Nevada and
having its mailing address at #1880 - 1066 West Hastings Street, Vancouver,
British Columbia, Canada.

                  (the "Borrower");

                                                              OF THE FIRST PART

AND:

NITRO PETROLEUM INCORPORATED, a company duly incorporated under the laws of
Nevada and having an address for notice and delivery located at 7250 NW Express
Way, Suite 260, Oklahoma City, OK 73121, USA

                  (the "Lender");

                                                             OF THE SECOND PART

WHEREAS:

A.   The Lender sold to the Borrower certain interests in the Corsicana Fields
     Project, Barnet Shale Formation, McKinney and Blackburn in Texas
     (collectively, the "Assets");

B.   A purchase price of the Assets in the amount of FOUR HUNDRED THOUSAND (USD
     $400,000) US dollars was paid by the Borrower to the Lender by the way of a
     promissory note dated September 1, 2006 and payable in full on November 1,
     2006 (the "Note 1"), the Note 1 is attached to this Agreement as Schedule
     I;

C.   Consequently the parties entered into extension agreement dated November 1,
     2006 altering the terms of the repayment, canceling Note 1 and executing a
     new promissory note ("Note 2"), which is attached to this Agreement as
     Schedule II; and

D.   The parties now agreed to change the repayment terms and to execute a new
     promissory note and for that purpose they are entering into this Agreement.

<page>

NOW THEREFORE THIS AGREEMENT  WITNESSETH  that, in  consideration  of the mutual
covenants and provisos herein contained, THE PARTIES HERETO AGREE AS FOLLOWS:

Extension Terms

1.       The Note 2 shall be cancelled.

2.       The parties shall execute a new  promissory  note (the "Note 3") on the
         Effective Date, which is attached as Schedule IV to this Agreement.

3.       The Borrower shall issue to the Lender 250,000 restricted shares of the
         Borrower's  common  stock  free  and  clear  of  all  liens  and  other
         encumbrances.

4.       The Borrower  shall continue to grant to the Lender  security  interest
         over all of the  Borrower's  assets as  perfected  by UCC-1 filing in a
         state of Nevada,  which shall be released upon repayment of the Note 3.
         The copy of the UCC-1 filing is attached as Schedule III.

Independent Legal Advice

6.       The  Borrower  acknowledges  that it has been  advised  to  retain  and
         instruct  independent  legal  counsel  to advise it in  respect  of its
         rights and obligations  pursuant to the execution of the Note 3 and the
         Borrower  acknowledges that it has retained and instructed  independent
         legal counsel or waived its right to do so.

Representations and Warranties

7.       The Borrower is duly incorporated under the laws of its jurisdiction of
         incorporation and is validly existing and in good standing with respect
         to all statutory filings required by the applicable corporate laws.

8.       The Borrower is qualified to do business in those  jurisdictions  where
         it is necessary to fulfill its obligations under this Agreement and has
         the full  power and  authority  to enter  into this  Agreement  and any
         agreement or instrument referred to or contemplated by this Agreement.

9.       The  execution  and  delivery  of this  Agreement  and  the  agreements
         contemplated  hereby have been duly authorized by all necessary action,
         corporate or otherwise, or will have been so authorized at the relevant
         time.

10.      This Agreement constitutes a legal, valid and binding obligation of the
         parties hereto  enforceable  against them in accordance with its terms,
         except as  enforcement  may be limited  by laws of general  application
         affecting  the rights of creditors and the  discretionary  authority of
         courts of law.

11.      The Borrower will employ good faith, due diligence, and best efforts to
         perform their  respective  obligations of this Agreement and will enter
         into such  additional  or  collateral  agreements  as may be reasonably
         required by the Lender to effect and complete the objects and intent of
         this Agreement.

<page>
s
General

7.       Each notice, demand or other communication required or permitted to be
         given under this Agreement shall be in writing and shall be sent by
         prepaid registered mail addressed to the party entitled to receive it,
         or delivered to such party, at the address for such party specified
         above. The date of receipt of such notice, demand or other
         communication shall be the date of delivery if delivered, or, if given
         by registered mail, shall be deemed to be the third calendar day after
         the notice have been so mailed, except in the case of interruption of
         postal services for any reason whatsoever, in which case the date of
         receipt shall be the date on which the notice, demand or other
         communication is actually received by the addressee.

8.       This  Agreement  constitutes  the entire  agreement to date between the
         parties hereto and supersedes every previous agreement,  communication,
         expectation, negotiation, representation or understanding, whether oral
         or written,  express or implied,  statutory or  otherwise,  between the
         parties hereto with respect to the subject matter of this Agreement.

9.       This  Agreement  will enure to the benefit of and will be binding  upon
         the parties hereto, their respective heirs,  executors,  administrators
         and assigns.

10.      The Schedules to this Agreement are hereby incorporated by reference
         into this Agreement in its entirety.

11.      Time shall be of the essence of this Agreement.

12.      The situs of this Agreement is Vancouver, British Columbia, and for all
         purposes this Agreement  will be governed  exclusively by and construed
         and enforced in accordance  with the laws and Courts of the Province of
         British Columbia.

13.      The  parties  hereby,  jointly  and  severally,  covenant  and agree to
         forthwith,  upon request,  execute and deliver, or cause to be executed
         and delivered, such further and other deeds, documents,  assurances and
         instructions  as may  be  required  by  the  parties  hereto  or  their
         respective  counsel in order to carry out the true nature and intent of
         this Agreement.

14.      Unless otherwise stipulated,  all payments required to be made pursuant
         to the  provisions of this  Agreement  and all money amount  references
         contained herein are in lawful currency of the U.S.A.

15.      Each article, section, paragraph, term and provision of this Agreement,
         and any portion thereof, shall be considered severable, and if, for any
         reason,  any portion of this  Agreement  is  determined  to be invalid,
         contrary to or in conflict with any  applicable  present or future law,
         rule or regulation in a final unappealable  ruling issued by any court,
         agency or  tribunal  with valid  jurisdiction,  that  ruling  shall not
         impair the  operation  of, or have any other  effect  upon,  such other
         portions of this  Agreement,  all of which shall remain  binding on the
         parties and continue to be given full force and effect.

<page>

16.      This  Agreement  may  be  signed  by  the  parties  hereto  in as  many
         counterparts as may be necessary and, if required,  by facsimile,  each
         of  which  so  signed  being  deemed  to  be  an  original,   and  such
         counterparts  together shall constitute one and the same instrument and
         notwithstanding  the  date of  execution  will be  deemed  to bear  the
         Effective Date as set forth on the front page of this Agreement.

IN WITNESS WHEREOF each of the parties hereto has set their respective hands and
seals in the presence of their duly  authorized  signatories as of the Effective
Date determined hereinabove.

The COMMON SEAL of                                   )
QUANTUM ENERGY INC.                                  )
the Borrower,                                        )
was affixed in the presence of:                      )             c/s
                                                     )
                                                     )
/s/ Shane Lowry                                      )
-----------------------------------------------------
Authorized Signatory                                 )

The COMMON SEAL of                                   )
NITRO PETROLEUM INC.                                 )
the Lender,                                          )
was affixed in the presence of:                      )             c/s
                                                     )
                                                     )
/s/ Larry Wise                                       )
-------------------------------------------------
Authorized Signatory                                 )

<page>

                                   Schedule I

                                  SCHEDULE "B"

                           P R O M I S S O R Y N O T E

   $400,000.00 (USD)                                    DUE: November 01, 2006
                           Vancouver, British Columbia

                            Dated: September 01, 2006

FOR  VALUE  RECEIVED,  QUANTUM  ENERGY,  INC.  (hereinafter  referred  to as the
"Borrower"),  of 1880 - 1066 West Hastings Street, Vancouver,  British Columbia,
HEREBY PROMISES TO PAY to the order of NITRO PETROLEUM INCORPORATED (hereinafter
referred to as the  "Lender"),  of #29 - 3800 Pinnacle Way,  Gallaghers  Canyon,
Kelowna,   British  Columbia,   the  principal  sum  of  Four  Hundred  Thousand
($400,000.00) Dollars of lawful money of the United States.

     1.   The Borrower will repay the principal sum outstanding on or before
          November 01, 2006, at the offices of the Lender; and

     2.   The Borrower, if it duly observes and performs all of the covenants on
          its part to be observed and performed, is at liberty from time to time
          to pay off all or any part of the principal as remains unpaid or any
          part of it, without notice or bonus.

THE BORROWER  HEREBY  waives demand and  presentment  for payment and notices of
non-payment or protest of this Note.

THE CORPORATE SEAL OF                                )
QUANTUM ENERGY, INC.                                 )
was affixed hereto in the presence of:               )
                                                     )
                                                     )                 c/s
--------------------------------------------
Authorized Signatory                                 )
                                                     )
                                                     )
Authorized Signatory                                 )

THE CORPORATE SEAL OF                                )
NITRO PETROLEUM                                      )
INCORPORATED was affixed hereto                      )
in the presence of:                                  )
                                                     )
                                                     )                 c/s
--------------------------------------------
Authorized Signatory                                 )
                                                     )
                                                     )
Authorized Signatory                                 )

<page>

                                   Schedule II

                           P R O M I S S O R Y N O T E

  $400,000.00 (USD)                                     DUE: February 28, 2007
                           Vancouver, British Columbia

                            Dated: November 01, 2006

FOR VALUE RECEIVED,  QUANTUM ENERGY, INC. (the "Borrower"),  of 1880 - 1066 West
Hastings  Street,  Vancouver,  British  Columbia,  HEREBY PROMISES TO PAY to the
order of NITRO PETROLEUM  INCORPORATED  (the  "Lender"),  of #29 - 3800 Pinnacle
Way,  Gallaghers Canyon,  Kelowna,  British Columbia,  the principal sum of Four
Hundred  Thousand  ($400,000.00)  Dollars of lawful  money of the United  States
together with interest at ten (10 %) percent per annum calculated  monthly,  not
in  advance,  after as well as before  maturity  or  default,  on the  amount of
principal from time to time remaining unpaid.

     1.   The Borrowers will repay the principal sum outstanding on February 28,
          2007 together with interest accruing thereon at the aforesaid rate, at
          the offices of the Lender;

     2.   The Borrower, if it duly observes and performs all of the covenants on
          its part to be observed and performed, is at liberty from time to time
          to pay off all or any part of the principal as remains unpaid or any
          part of it, together with applicable interest on the amount of
          principal so paid to the date of such payment without notice or bonus;
          and

     3.   Default in the payment of principal or interest required by the Lender
          at the sole option of the holder of this Note, renders the entire
          unpaid balance of principal and accrued interest immediately due and
          payable.

 THE BORROWER  HEREBY waives demand and  presentment  for payment and notices of
non-payment or protest of this Note.

THE CORPORATE SEAL OF                                )
QUANTUM ENERGY, INC.                                 )
was affixed hereto in the presence of:               )
                                                     )
                                                     )                 c/s
--------------------------------------------
Authorized Signatory                                 )
                                                     )
--------------------------------------------         )
Authorized Signatory                                 )

THE CORPORATE SEAL OF                                )
NITRO PETROLEUM                                      )
INCORPORATED was affixed hereto                      )
in the presence of:                                  )
                                                     )
                                                     )                 c/s
--------------------------------------------
Authorized Signatory                                 )
                                                     )
--------------------------------------------         )
Authorized Signatory                                 )

<page>

                                  Schedule III

                       UCC -1 filing in a state of Nevada

<page>

                                   Schedule IV

                           P R O M I S S O R Y N O T E

  $400,000.00 (USD)                                   DUE: October 31, 2007
                           Vancouver, British Columbia

                            Dated: February 28, 2007

FOR VALUE RECEIVED,  QUANTUM ENERGY, INC. (the "Borrower"),  of 1880 - 1066 West
Hastings  Street,  Vancouver,  British  Columbia,  HEREBY PROMISES TO PAY to the
order of NITRO PETROLEUM  INCORPORATED  (the  "Lender"),  of #29 - 3800 Pinnacle
Way,  Gallaghers Canyon,  Kelowna,  British Columbia,  the principal sum of Four
Hundred  Thousand  ($400,000.00)  Dollars of lawful  money of the United  States
together with interest at ten (10 %) percent per annum calculated  monthly,  not
in  advance,  after as well as before  maturity  or  default,  on the  amount of
principal from time to time remaining unpaid.

     1.   The Borrowers will repay the principal sum outstanding on October 31,
          2007 together with interest accruing thereon at the aforesaid rate, at
          the offices of the Lender;

     4.   The Borrower, if it duly observes and performs all of the covenants on
          its part to be observed and performed, is at liberty from time to time
          to pay off all or any part of the principal as remains unpaid or any
          part of it, together with applicable interest on the amount of
          principal so paid to the date of such payment without notice or bonus;
          and

     5.   Default in the payment of principal or interest required by the Lender
          at the sole option of the holder of this Note, renders the entire
          unpaid balance of principal and accrued interest immediately due and
          payable.

 THE BORROWER  HEREBY waives demand and  presentment  for payment and notices of
non-payment or protest of this Note.

THE CORPORATE SEAL OF                                )
QUANTUM ENERGY, INC.                                 )
was affixed hereto in the presence of:               )
                                                     )
/s/ Shane Lowry                                      )                 c/s
------------------------------------
Authorized Signatory                                 )
                                                     )
------------------------------------                 )
Authorized Signatory                                 )

THE CORPORATE SEAL OF                                )
NITRO PETROLEUM                                      )
INCORPORATED was affixed hereto                      )
in the presence of:                                  )
                                                     )
/s/ Larry Wise                                       )                 c/s
--------------------------------------------
Authorized Signatory                                 )
                                                     )
--------------------------------------------         )
Authorized Signatory                                 )

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