Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - Texola Energy Corporation - Exhibit 10.27

AMENDMENT AGREEMENT

THIS AGREEMENT is dated for reference as of April 3, 2006.

BETWEEN:

TEXOLA ENERGY CORPORATION, with
an office at 206-475 Howe Street, Vancouver, British Columbia V6C 2B3

(“Texola”) 

AND:

FORT SCOTT ENERGY CORP., a
private Canadian corporation, with an office at 1925-200 Burrard Street,
Vancouver, British Columbia V6C 3LC

(“Fort Scott”) 

WHEREAS:

A.          
The parties hereto entered into a Finder’s Fee Agreement dated December 5, 2005
(the “Finder’s Agreement”) whereby, in consideration for Fort Scott
facilitating an agreement between Texola and Cedar Stratagraphic Corp. regarding
a participation agreement in the area of interest attached to the Finder’s
Agreement and the payment by Fort Scott of US$500,000, Texola agreed to issue
Fort Scott a 6% convertible debenture due November 1, 2008 in the principal
amount of US$500,000 (the “Convertible Debenture”);

B.          
In connection with the issuance of the Convertible Debenture, the parties hereto
entered into a Subscription Agreement effective as of December 5, 2005 (the
“Subscription Agreement”); and

C.          
The parties hereto wish to enter into this Agreement to amend the effective date
of the Subscription Agreement and the Convertible Debenture (collectively, the
“Agreements”) to November 1, 2005, to reflect that which was originally
intended by parties in the Finder’s Agreement.

1.          
Amendment to Subscription Agreement

1.1         The
reference to “This AGREEMENT effective as of December 5, 2005” on page one (1)
of the Subscription Agreement is hereby amended by deleting the reference in its
entirety and by substituting the following, “This AGREEMENT effective as of
November 1, 2005.”

2.          
Amendment to Convertible Debenture

2.1         The
reference to “6.0% CONVERTIBLE DEBENTURE DUE DECEMBER 5, 2008” on page one (1)
of the Convertible Debenture is hereby amended by deleting the reference in its
entirety and by substituting the following, “6.0% CONVERTIBLE DEBENTURE DUE
NOVEMBER 1, 2008.”

2.2         The
reference to “(i) December 5, 2008 (the “Maturity Date”)” in section 1 on
page one (1) of the Convertible Debenture is hereby amended by deleting the
reference in its entirety and by substituting the following, “(i) November 1,
2008 (the “Maturity Date”).”

- 2 -

2.3         The
reference to “December 5, 2005 (the “Subscription Agreement”)” in section
4 on page three (3) of the Convertible Debenture is hereby amended by deleting
the reference in its entirety and by substituting the following, “November 1,
2005 (the “Subscription Agreement”).”

2.4         The
reference to “December 5, 2005” on page A-1 of Annex A to the Convertible
Debenture is hereby amended by deleting the reference in its entirety and by
substituting the following, “November 1, 2005.”

3.          
General Terms

3.1             
The Subscription Agreement and this Agreement will be read and construed as one
agreement.

3.2              
The Convertible Note and this Agreement will be read and construed as one
agreement.

3.3              
The Subscription Agreement and the Convertible Debenture, as modified hereby,
will remain in full force and effect.

3.4              
Unless explicitly stated otherwise, all dollar amounts referred to in this
Agreement are in lawful money of the United States.

3.5              
This Agreement will be governed by and construed in accordance with the laws of
the Province of British Columbia applicable to contracts made and to be
performed therein.

3.6              
The headings appearing in this Agreement have been inserted for convenience of
reference only and in no way define, limit, or enlarge the scope or meaning of
the provisions of this Agreement.

3.7              
This Agreement may be executed in counterparts, both of which when so executed
will be deemed to be an original and will have the same force and effect as an
original, and such counterparts together will constitute one and the same
instrument. Any party may deliver an executed counterpart signature page to this
Agreement by facsimile transmission.

IN WITNESS WHEREOF, the parties have executed this Agreement
effective as of the date set forth above.

TEXOLA ENERGY CORPORATION

	Per: 	/s/ Thornton Donaldson 	 
	  	Authorized Signatory 	 

FORT SCOTT ENERGY CORP.

	Per: 	/s/ Richard Coglon 	 
	  	Authorized SignatoryFiled by Automated Filing Services Inc. (604) 609-0244 - Texola Energy Corporation - Exhibit 10.28

AMENDED AND RESTATED AGREEMENT

THIS AGREEMENT is dated for reference as of April 7th,
2006.

BETWEEN:

  
    
      
        TEXOLA ENERGY CORPORATION, with an office at
          206-475 Howe Street, Vancouver, British Columbia V6C 2B3

        (“Texola”) 

      

    

  

AND:

  
    
      
        FORT SCOTT ENERGY CORP., a private Canadian
          corporation, with an office at 1925-200 Burrard Street, Vancouver, British
          Columbia V6C 3LC

        (“Fort Scott”) 

      

    

  

WHEREAS:

A.                 
The parties hereto entered into a Finder’s Fee Agreement dated December 5, 2005
(the “Finder’s Agreement”), whereby, in consideration for Fort Scott
facilitating an agreement between Texola and Cedar Stratagraphic Corp. regarding
a participation agreement in the area of interest attached to the Finder’s
Agreement (the “Services”), Texola agreed to issue Fort Scott a 6%
convertible debenture due November 1, 2008 in the principal amount of US$500,000
(the “Convertible Debenture”);

B.                  
In connection with the issuance of the Convertible Debenture, the parties hereto
entered into a Subscription Agreement effective as of December 5, 2005 (the
“Subscription Agreement”);

C.                  
The parties hereto entered into an Amendment Agreement dated April 3, 2006 (the
“First Amendment Agreement”) to amend the effective date of the
Subscription Agreement and the Convertible Debenture to November 1, 2005, to
reflect that which was originally intended by the parties to the Finder’s
Agreement;

D.                  
The First Amendment Agreement and the Subscription Agreement stated that the
Convertible Debenture was issued in partial consideration for the payment by
Fort Scott to Texola of US$500,000 when the issuance of the Convertible
Debenture was solely in consideration for the provision of the Services; and

E.                  
The parties hereto wish to amend and restate the terms of the First Amendment
Agreement by entering into this Agreement.

1.        
          
Termination of the First Amendment Agreement

1.1          
        Upon the execution of this
Agreement, the First Amendment Agreement be and is hereby terminated.

- 2 -

2.                     
Amendment to Subscription Agreement

2.1                    The
reference to “This AGREEMENT effective as of December 5, 2005” on page one (1)
of the Subscription Agreement is hereby amended by deleting the reference in its
entirety and by substituting the following, “This AGREEMENT effective as of
November 1, 2005.”

2.2                    Section
1.1 of the Subscription Agreement is hereby amended by deleting section 1.1 in
its entirety and by substituting the following:

  “The Company has entered into a Finder’s Fee Agreement
    dated December 5, 2005 (the “Finder’s Agreement”) with Fort
    Scott Energy Corp. (the “Subscriber”), whereby, in consideration
    for the Subscriber facilitating an agreement between the Company and Cedar
    Stratagraphic Corp. regarding the participation agreement in the area of interest
    attached to the Finder’s Agreement, the Company agreed to issue the Subscriber
    a 6% convertible debenture due November 1, 2008 in the principal amount of
    US$500,000 in the form attached hereto as Exhibit A (the “Debenture”).
    On the basis of the representations and warranties and subject to the terms
    and conditions set forth herein, the Subscriber hereby irrevocably subscribes
    for the Debenture, which Debenture is convertible into 1,000,000 units (the
    “Units”) at a price per Unit of US$0.50, in accordance with the
    terms of the Debenture (such subscription and agreement to subscribe being
    the “Subscription”).”

2.3                    Section
2 of the Subscription Agreement is hereby amended by deleting section 2 in its
entirety and by substituting the following, “This section left intentionally
blank.”

3.                     
Amendment to Convertible Debenture

3.1                    The
reference to “6.0% CONVERTIBLE DEBENTURE DUE DECEMBER 5, 2008” on page one (1)
of the Convertible Debenture is hereby amended by deleting the reference in its
entirety and by substituting the following, “6.0% CONVERTIBLE DEBENTURE DUE
NOVEMBER 1, 2008.”

3.2                    The
reference to “(i) December 5, 2008 (the “Maturity Date”)” in section 1 on
page one (1) of the Convertible Debenture is hereby amended by deleting the
reference in its entirety and by substituting the following, “(i) November 1,
2008 (the “Maturity Date”).”

3.3                    The
reference to “December 5, 2005 (the “Subscription Agreement”)” in section
4 on page three (3) of the Convertible Debenture is hereby amended by deleting
the reference in its entirety and by substituting the following, “November 1,
2005 (the “Subscription Agreement”).”

3.4                    The
reference to “December 5, 2005” on page A-1 of Annex A to the Convertible
Debenture is hereby amended by deleting the reference in its entirety and by
substituting the following, “November 1, 2005.”

4.                     
General Terms

4.1                    The
Subscription Agreement and this Agreement will be read and construed as one
agreement.

4.2                    The
Convertible Note and this Agreement will be read and construed as one
agreement.

- 3 -

4.3                    The
Subscription Agreement and the Convertible Debenture, as modified hereby, will
remain in full force and effect.

4.4                    Unless
explicitly stated otherwise, all dollar amounts referred to in this Agreement
are in lawful money of the United States.

4.5                    This
Agreement will be governed by and construed in accordance with the laws of the
Province of British Columbia applicable to contracts made and to be performed
therein.

4.6                    The
headings appearing in this Agreement have been inserted for convenience of
reference only and in no way define, limit, or enlarge the scope or meaning of
the provisions of this Agreement.

4.7                    This
Agreement may be executed in counterparts, both of which when so executed will
be deemed to be an original and will have the same force and effect as an
original, and such counterparts together will constitute one and the same
instrument. Any party may deliver an executed counterpart signature page to this
Agreement by facsimile transmission.

IN WITNESS WHEREOF, the parties have executed this Agreement
effective as of the date set forth above.

TEXOLA ENERGY CORPORATION

	Per: 	/s/ Thornton Donaldson 	 
	  	Authorized Signatory 	 

FORT SCOTT ENERGY CORP.

	Per: 	/s/ Richard Coglon 	 
	  	Authorized Signatory

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