Document:

REGISTRATION RIGHTS AGREEMENT

         THIS REGISTRATION RIGHTS AGREEMENT ("Agreement") is made and entered
into as of the  _____  day of _________________,  2004 by and between (i)
Westside Energy Corporation,  a Nevada corporation (the "Company"), and
(ii) ______________________  ("Stockholder").

                                    Recitals:

         WHEREAS, Stockholder acquired certain units comprised of two shares
(singly a "Share" and collectively the "Shares") of the Company's common stock,
par value $.10 per share ("Common Stock"), and one warrant (singly a "Warrant"
and collectively the "Warrants") to purchase one Share (for purposes hereof, all
Shares comprising a Unit and all Shares acquired upon the exercise of a Warrant
comprising a Unit are collectively referred to hereinafter as the "Registrable
Shares"); and

         WHEREAS, the Company agreed to grant certain registration rights to
Stockholder with respect to the Registrable Shares in connection with their
acquisition by Stockholder;

                                   Agreements:

         NOW, THEREFORE, in consideration of the premises and the mutual
covenants hereinafter set forth and for other good and valuable consideration,
the receipt, adequacy and sufficiency of which are hereby acknowledged by each
of the Company and Stockholder, each of the Company and Stockholder hereby
agrees as follows:

         (a) The Company agrees to use its best efforts to register with the
U.S. Securities and Exchange Commission (the "Commission") the resale of all of
Stockholder's Registerable Shares. In this connection, the Company agrees to use
its best efforts to file with the Commission a Registration Statement on Form
SB-2 (the "Registration Statement") within 60 days after the date of this
Agreement and to cause the Registration Statement to be declared effective as
soon thereafter as is possible. The Company shall be obligated to keep the
Registration Statement effective only for 24 months after its initial effective
date.

         (b) In connection with the registration provided for hereunder,
Stockholder shall use reasonable efforts to cooperate with the Company and shall
furnish to the Company in writing such information with respect to it and its
proposed distribution as shall be reasonably necessary in order to assure
compliance with federal and applicable state securities laws.

         (c) The Company shall pay all expenses incurred by the Company in
complying with its registration obligations pursuant to this Agreement,
including, without limitation, all registration, qualification, and filing fees,
blue sky fees and expenses, printing expenses, fees and disbursements of counsel
and independent public accountants for the Company, all expenses of the
underwriter customarily paid by issuers or sellers of securities (including fees
of the National Association of Securities Dealers, Inc.), transfer taxes, escrow
fees, fees of transfer agents and registrars, and costs of insurance.
Stockholder shall pay all underwriting discounts and selling commissions
applicable to the sale of the Registrable Shares being registered.

         (d) (i) The Company shall protect, indemnify and hold Stockholder, and
its officers, directors, stockholders, attorneys, accountants, employees,
affiliates, successors and assigns, harmless from any and all demands, claims,
actions, causes of actions, lawsuits, proceedings, investigations, judgments,
losses, damages, injuries, liabilities, obligations, expenses and costs
(including costs of litigation and attorneys' fees), arising out of or based
upon (aa) any untrue statement or alleged untrue statement of any material fact
contained in or incorporated by reference into the Registration Statement, any
preliminary prospectus or final prospectus contained therein, or any amendment
or supplement thereto, (bb) the omission or alleged omission to state therein a
material fact required to be stated therein or necessary to make the statements
therein not misleading, or (cc) any material violation by the Company of any
rule or regulation promulgated under Act applicable to the Company and relating
to action or inaction by the Company in connection with any such registration;
provided, however, that the Company shall not be liable in the case of (aa) and
(bb) above if and to the extent that the event otherwise giving rise to
indemnification arises out of or is based upon an untrue statement or alleged
untrue statement or omission or alleged omission made in conformity with
information furnished by a person otherwise entitled to indemnification in
writing specifically for use in the Registration Statement or prospectus or
information contained in a writing that has been expressly approved or deemed
approved by a person otherwise entitled to indemnification.

                  (ii) Stockholder shall protect, indemnify and hold the Company
and its officers, directors, stockholders, attorneys, accountants, employees,
affiliates, successors and assigns, harmless from any and all demands, claims,
actions, causes of actions, lawsuits, proceedings, investigations, judgments,
losses, damages, injuries, liabilities, obligations, expenses and costs
(including costs of litigation and attorneys' fees), arising out of or based
upon (aa) any untrue statement or alleged untrue statement of any material fact
contained in or incorporated by reference into the Registration Statement, any
preliminary prospectus or final prospectus contained therein, or any amendment
or supplement thereto, (bb) the omission or alleged omission to state therein a
material fact required to be stated therein or necessary to make the statements
therein not misleading, or (cc) any material violation by Stockholder of any
rule or regulation promulgated under the Act applicable to Stockholder and
relating to action or inaction by Stockholder in connection with any such
registration; provided, however, that Stockholder shall be liable in the case of
(aa) and (bb) above only if and to the extent that the event giving rise to
indemnification arises out of or is based upon an untrue statement or alleged
untrue statement or omission or alleged omission made in conformity with
information furnished by Stockholder in writing specifically for use in the
Registration Statement or prospectus or information contained in a writing that
has been expressly approved or deemed approved by Stockholder.

                  (iii) Promptly after receipt by an indemnified party under
this Section (d) of notice of the threat or commencement of any action, such
indemnified party shall, if a claim in respect thereof is to be made against an
indemnifying party hereunder, notify each such indemnifying party in writing
thereof, but the omission so to notify an indemnifying party shall not relieve
it from any liability which it may have to any indemnified party to the extent
that the indemnifying party is not prejudice as a result thereof. In case any
such action shall be brought against any indemnified party and it shall notify
an indemnifying party of the commencement thereof, the indemnifying party shall
be entitled to participate in and, to the extent it shall wish, to assume and
undertake the defense thereof with counsel reasonably satisfactory to such
indemnified party, and, after notice from the indemnifying party to such
indemnified party of its election so to assume and undertake the defense
thereof, the indemnifying party shall not be liable to such indemnified party
under this Section (d) for any legal expenses subsequently incurred by such
indemnified party in connection with the defense thereof other than reasonable
costs of investigation and of liaison with counsel so elected; provided,
however, that, if the defendants in any such action include both an indemnified
party and an indemnifying party and the related indemnified party shall have
reasonably concluded that there may be reasonable defenses available to it which
are different from or additional to those available to the indemnifying party or
if the interests of the indemnified party reasonably may be believed to conflict
with the interests of the indemnifying party, the indemnified party shall have
the right to select separate counsel and to assume such legal defenses and
otherwise to participate in the defense of such action, with the expenses and
fees of such separate counsel and other expenses related to such participation
to be reimbursed by the indemnifying party as incurred. No indemnifying party
shall be subject to any liability for any settlement made without consent which
shall not be unreasonably withheld. No indemnifying party shall consent to the
entry of any judgment or enter into any settlement which does not include as an
unconditional term thereof the giving by the claimant or plaintiff to such
indemnified party of a release from all liability with respect to such claim or
litigation.

         (e) Any notice or request herein required or permitted to be given to
any party hereunder shall be given in writing and shall be personally delivered
or sent to such party by prepaid mail at the address set forth below the
signature of such party hereto or at such other address as such party may
designate by written communication to the other party to this Agreement. Each
notice given in accordance with this paragraph shall be deemed to have been
given, if personally delivered, on the date personally delivered, or, if mailed,
on the third day following the day on which it is deposited in the United States
mail, certified or registered mail, return receipt requested, with postage
prepaid. This Agreement embodies the entire agreement and understanding between
the parties hereto with respect to the subject matter hereof and supersede all
prior agreements and understandings, whether written or oral, relating to the
subject matter hereof. This Agreement may not be amended, supplemented, waived,
or terminated except by written instrument executed by the Company and
Stockholder. No waiver of any provision of this Agreement shall constitute a
waiver of any other provision of this Agreement, nor shall such waiver
constitute a waiver of any subsequent breach of such provision. This Agreement
shall be binding upon and shall inure to the benefit of each party hereto and
his or its respective successors, heirs, assigns, and legal representatives.
Stockholder may assign to a transferee or assignee the rights granted to
Stockholder under this Agreement in connection with any transfer or assignment
of Registrable Shares by the Stockholder or its assignees. The obligations
imposed on the Company by this Agreement shall be binding upon any corporation
into which the Company is merged or to whom substantially all of the Company's
assets are sold, and the Company may not merge or sell its assets in this regard
without previously having the surviving corporation or purchaser (as the case
may be) agree to assume the Company's obligations hereunder.

                             [SIGNATURES TO FOLLOW]

<PAGE>

         IN WITNESS WHEREOF, the undersigned have set their hands hereunto as of
the first date written above.

"COMPANY"                                   "STOCKHOLDER"

Westside Energy Corporation

By:_________________________________        ____________________________________
         Jimmy D. Wright, President
                                            Name:_______________________________

Address: 2100 West Loop South, Suite 900    Address: ________________________
                  Houston, Texas 77027               ________________________FINAL, DATED OCTOBER 22, 2004

                 SUBSCRIPTION AND REGISTRATION RIGHTS AGREEMENT

                           WESTSIDE ENERGY CORPORATION

                                Private Offering
                          of up to 10,000,000 Shares of
                                  Common Stock

         This Subscription and Registration Rights Agreement (this "Agreement"),
made as of the date set forth below by and between Westside Energy Corporation,
a Nevada corporation (the "Company"), and the undersigned (the "Subscriber"), is
intended to set forth certain representations, covenants and agreements between
the Company and the Subscriber, with respect to the offering (the "Offering")
for sale by the Company of shares (the "Shares") of Common Stock, par value
$0.01 per share (the "Common Stock"), as described in the Company's Private
Placement Memorandum dated October 22, 2004 (the "Memorandum"), a copy of which
has been delivered to the Subscriber. The Shares are being offered by the
Company through Sterne, Agee & Leach, Inc., as placement agent (the "Placement
Agent").

1. Subscription. Subject to the terms and conditions hereof, the Subscriber
hereby irrevocably subscribes for and agrees to purchase from the Company the
number of Shares set forth under the Subscriber's name on the signature page
hereto at a purchase price of $2.00 per Share (the "Offering Price"), and the
Company agrees to sell such Shares to the Subscriber at the Offering Price,
subject to the Company's right to sell to the Subscriber such lesser number of
Shares as the Company may, in its sole discretion, deem necessary or desirable.

2. Delivery of Subscription Amount; Acceptance of Subscription; Delivery of
Shares. The Subscriber understands and agrees that this subscription is made
subject to the following terms and conditions:

(a) The Subscriber understands that separate Subscription and Registration
Rights Agreements will be executed with other subscribers for up to 10,000,000
shares of Common Stock to be sold in the Offering;

(b) Contemporaneously with the completion, execution and delivery of this
Agreement, the Subscriber shall complete, execute and deliver the Certificate of
Accredited Investor Status attached as Exhibit B hereto, and shall submit to the
Company payment in the form of a wire of immediately available United States
funds in the amount equal to the Offering Price multiplied by the number of
Shares for which the Subscriber has subscribed (the "Subscription Amount") in
accordance with the Subscription Instructions set forth on Exhibit A hereto;

(c) The subscription for Shares shall be deemed to be accepted only when this
Agreement has been signed by an authorized officer of the Company, and the
deposit of the Subscription Amount for clearance will not be deemed an
acceptance of this Agreement;

(d) The Company shall have the right to reject this subscription, in whole or in
part, and shall have the right to allocate Shares among subscribers in any
manner it may desire;

(e) The payment representing the Subscription Amount (or, in the case of
rejection of a portion of the Subscriber's subscription, the part of the payment
relating to such rejected portion) will be returned promptly to the Subscriber,
without interest, if the Subscriber's subscription is rejected in whole or in
part or if the Offering is withdrawn or canceled;

(f) The Placement Agent and the Company may conduct one or more closings of the
Offering (each a "Closing") until all 10,000,000 Shares offered hereby are sold;

(g) The Company may, in its sole discretion, terminate the Offering at any time
and accept any subscriptions then in its receipt;

(h) Certificates representing the Shares purchased will be issued in the name of
each Subscriber within 14 days following each Closing;

(i) The minimum Subscription Amount is $100,000, provided, however, that the
Company reserves the right to accept subscriptions for less than the minimum
Subscription Amount;

(j) The Offering is being conducted on a "best efforts" basis, and the Company
is not required to accept any minimum amount of subscriptions before conducting
a Closing; and

(k) The representations and warranties of the Company and the Subscriber set
forth herein shall be true and correct as of the date that the Company accepts
this subscription.

3. Terms of Subscription.

(a) The subscription period will begin as of October 22, 2004, and will continue
until such time as the Company terminates it in its sole discretion.

(b) The Placement Agent will receive a placement management fee equal to seven
percent (7.0%) of the aggregate purchase price of the Shares sold. The Placement
Agent will also receive warrants to purchase a number of shares of the Company's
common stock equal to three percent (3%) of the number of Shares sold in the
Offering. The per-share purchase price for these warrant shares will be $2.00,
and the warrants will be exercisable for five years after they are issued. The
Company shall also pay all expenses in connection with the Offering, except for
those expenses that the Placement Agent has agreed to pay.

(c) If the Subscriber is not a United States person, the Subscriber hereby
represents that it has satisfied itself as to the full observance of the laws of
its jurisdiction in connection with any invitation to subscribe for the Shares
or any use of this Agreement, including, without limitation, (i) the legal
requirements within its jurisdiction for the purchase of the Shares, (ii) any
foreign exchange restrictions applicable to such purchase, (iii) any
governmental or other consents that may need to be obtained, and (iv) the income
tax and other tax consequences, if any, that may be relevant to the purchase,
holding, redemption, sale or transfer of the Shares. The Subscriber represents
and warrants that the Subscriber's subscription and payment for, and the
Subscriber's continued beneficial ownership of, the Shares will not violate any
applicable securities or other laws of the Subscriber's jurisdiction.

4. Registration Rights.

(a) The Subscriber acknowledges that it is acquiring the Shares for its own
account and for the purpose of investment and not with a view to any
distribution or resale thereof within the meaning of the Securities Act of 1933,
as amended (the "Securities Act"). The Subscriber further agrees that it will
not sell, assign or transfer the Shares at any time in violation of the
Securities Act and acknowledges that, in taking unregistered securities, it must
continue to bear the economic risk of its investment for an indefinite period of
time because of the fact that the Shares have not been registered under the
Securities Act, and further realizes that the Shares cannot be sold unless
subsequently registered under the Securities Act or an exemption from such
registration is available. The Subscriber also acknowledges that appropriate
legends reflecting the status of the Shares under the Securities Act may be
placed on the face of the certificates for such Shares at the time of their
transfer and delivery to the holder thereof.

(b) The Shares may not be transferred except in a transaction that is in
compliance with the Securities Act. Except as provided hereafter with respect to
registration of the Shares, it shall be a condition to any such transfer that
the Company shall be furnished with an opinion of counsel to the holder of such
Shares, reasonably satisfactory to the Company, to the effect that the proposed
transfer would be in compliance with the Securities Act.

(c) Within 30 days following the earlier to occur of (i) the sale of all of the
Shares in the Offering or (ii) the termination of the Offering following any
sale of Shares as reflected in a written notice given by the Company to the
Placement Agent, the Company shall prepare and file with the Securities and
Exchange Commission (the "SEC"), a registration statement on Form SB-2 and such
other documents as may be necessary in the opinion of counsel for the Company,
and use its commercially reasonable efforts to have such registration statement
declared effective as soon as reasonably practicable after such filing in order
to comply with the provisions of the Securities Act, so as to permit the
registered resale of the Shares for a period of two (2) years following the last
sale of Shares in the Offering by each and every holder of Shares, except for
those holders who designate on the signature page hereto that they do not wish
to have their Shares included in the registration statement. The Subscriber
acknowledges that certain shares of the Company's Common Stock sold in past
private placements as well as certain shares of the Company's Common Stock that
may be sold pursuant to the exercise of warrants issued in past private
placements will be included in the registration statement. The Shares that are
registered for resale under such registration statement are referred to herein
as the "Offering Shares," and the Subscribers who are eligible to sell their
Offering Shares under such registration statement, together with their
affiliates, are hereafter referred to as "Offering Holders." The Company will
include in such registration statement (i) the information required under the
Securities Act to be so included concerning the Offering Holders, as provided by
the Offering Holders on the signature pages to this Agreement and the other
Subscription and Registration Rights Agreements entered into in connection with
the Offering, including any changes in such information that may be provided by
the Offering Holders in writing to the Company from time to time, and (ii) a
section entitled "Plan of Distribution," substantially in the form of Exhibit C
hereto, that describes the various procedures that may be used by the Offering
Holders in the sale of their Offering Shares.

(d) In the event that the Company does not file a registration statement to
register the Offering Shares with the SEC within the time period specified in
Section 4(c), the Company will be required to pay a penalty to each Offering
Holder equal to one percent (1%) of such Offering Holder's purchase price for
the Offering Shares, and an additional one percent (1%) for each additional
30-day period during which such registration statement is not filed.

(e) Notwithstanding the foregoing provisions of this Section 4, the Company may
voluntarily suspend the effectiveness of any such registration statement for a
limited time, which in no event shall be longer than 60 days in any three-month
period and no longer than 120 days in any twelve-month period, if the Company
has been advised in writing by counsel or underwriters to the Company that the
offering of any Offering Shares pursuant to the registration statement would
materially adversely affect, or would be improper in view of (or improper
without disclosure in a prospectus), a proposed financing, reorganization,
recapitalization, merger, consolidation, or similar transaction involving the
Company. The Company shall notify all Offering Holders to such effect, and, upon
receipt of such notice, each such Offering Holder shall immediately discontinue
any sales of Offering Shares pursuant to such registration statement until such
Offering Holder has received copies of a supplemented or amended prospectus or
until such Offering Holder is advised in writing by the Company that the then
current prospectus may be used and has received copies of any additional or
supplemental filings that are incorporated or deemed incorporated by reference
in such prospectus.

(f) If any event occurs that would cause any such registration statement to
contain a material misstatement or omission or not to be effective and usable
during the period that such registration statement is required to be effective
and usable, the Company shall promptly notify the Offering Holders of such event
and, if requested, the Offering Holders shall immediately cease making offers of
Offering Shares and return all prospectuses to the Company. The Company shall
promptly file an amendment to the registration statement to correct such
misstatement or omission and use its commercially reasonable efforts to cause
such amendment to be declared effective as soon as practicable thereafter. The
Company shall promptly provide the Offering Holders with revised prospectuses
and, following receipt of the revised prospectuses, the Offering Holders shall
be free to resume making offers of the Offering Shares.

         (g) Notwithstanding any provision contained herein to the contrary, the
Company's obligation to include, or continue to include, Offering Shares in any
such registration statement under this Section 4 shall terminate to the extent
such Offering Shares are eligible for resale under Rule 144(k) promulgated under
the Securities Act.

         (h) If and whenever the Company is required by the provisions of this
Agreement to use its commercially reasonable efforts to effect the registration
of the Offering Shares under the Securities Act for the account of an Offering
Holder, the Company will, as promptly as possible:

(i)      prepare and file with the SEC a registration statement, on Form SB-2,
         complying with applicable requirements under the Securities Act, with
         respect to such securities and use its commercially reasonable efforts
         to cause such registration statement to become and remain effective for
         a period of two (2) years following the last sale of Shares in the
         Offering;

(ii)     prepare and file with the SEC such amendments and supplements to such
         registration statement and the prospectus used in connection therewith
         as may be necessary to keep such registration statement effective and
         to comply with the requirements of the Securities Act and the rules and
         regulations promulgated by the SEC thereunder relating to the sale or
         other disposition of the securities covered by such registration
         statement; and

(iii)    furnish to each Offering Holder such numbers of copies of a prospectus,
         including a preliminary prospectus, complying with the requirements of
         the Securities Act, and such other documents as such Offering Holder
         may reasonably request in order to facilitate the public sale or other
         disposition of the Offering Shares owned by such Offering Holder, but
         such Offering Holder shall not be entitled to use any selling materials
         other than a prospectus and such other materials as may be approved by
         the Company, which approval will not be unreasonably withheld.

         (i) Except as provided below in this Section 4, the expenses incurred
by the Company in connection with action taken by the Company to comply with
this Section 4, including, without limitation, all registration and filing fees,
printing and delivery expenses, accounting fees, fees and disbursements of
counsel to the Company, consultant and expert fees, premiums for liability
insurance, if the Company chooses to obtain such insurance, obtained in
connection with a registration statement filed to effect such compliance and all
expenses, including counsel fees, of complying with any state securities laws,
shall be paid by the Company. All fees and disbursements of any counsel,
experts, or consultants employed by any Offering Holder shall be borne by such
Offering Holder. The Company shall not be obligated in any way in connection
with any registration pursuant to this Section 4 for any selling commissions or
discounts payable by any Offering Holder to any underwriter or broker of
securities to be sold by such Offering Holder. The Subscriber agrees that any
such selling commissions or discounts shall be borne by such Offering Holder.

         (j) In the event of any registration of Shares pursuant to this Section
4, the Company will indemnify and hold harmless each Offering Holder, its
officers, directors, attorneys, partners, agents, employees and consultants and
each underwriter of such securities, and any person who controls such Offering
Holder or underwriter within the meaning of Section 15 of the Securities Act
(collectively, the "Indemnified Parties"), against all claims, actions, losses,
damages, liabilities and expenses, joint or several, to which any of such
Indemnified Parties may become subject under the Securities Act or otherwise,
insofar as such losses, claims, damages, liabilities or actions arise out of or
are based upon any actual or alleged untrue statement of any material fact
contained in any registration statement under which such securities were
registered under the Securities Act, any preliminary prospectus or final
prospectus contained therein, or any amendment or supplement thereof, or arise
out of or are based upon the actual or alleged omission to state therein a
material fact required to be stated therein or necessary to make the statements
therein, in light of the circumstances under which they were made, not
misleading, and will reimburse each of such Indemnified Parties for any legal
and any other expenses reasonably incurred by such Indemnified Party in
connection with investigating or defending any such loss, claim, damage,
liability, or action; provided, however, that the Company will not be liable in
any such case to the extent that any such loss, claim, damage, liability or
action arises directly out of or is based primarily upon an untrue statement or
omission of a material fact made in said registration statement, said
preliminary prospectus or said prospectus, or said amendment or supplement in
reliance upon and in conformity with written information furnished to the
Company by such Offering Holder or such underwriter specifically for use in the
preparation thereof; and provided further, however, that the Company will not be
liable in any such case to the extent that any such loss, claim, damage or
liability or action arises directly out of or is based primarily upon an untrue
statement or omission of a material fact made in any preliminary prospectus or
final prospectus if (i) such Offering Holder failed to send or deliver the copy
of the final prospectus or prospectus supplement which such Offering Holder
shall have been previously provided by the Company, with or prior to the
delivery of written confirmation of the sale of the Offering Shares, and (ii)
the final prospectus or prospectus supplement would have corrected such untrue
statement or omission.

         (k) At any time when a prospectus relating to the Offering is required
to be delivered under the Securities Act, the Company will notify the Offering
Holder of the happening of any event, upon the notification or awareness of such
event by an executive officer of the Company, as a result of which the
prospectus included in such registration statement, as then in effect, includes
an untrue statement of material fact or omits to state a material fact required
to be stated therein or necessary to make the statements therein not misleading
in light of the circumstances then existing.

         (l) In the event of any registration of any securities under the
Securities Act pursuant to this Section 4, the Subscriber agrees to indemnify
and hold harmless the Company, its officers, directors, attorneys, partners,
agents, employees and consultants and any person who controls the Company within
the meaning of Section 15 of the Securities Act (collectively, the "Indemnified
Persons"), against any losses, claims, damages, liabilities, or actions, joint
or several, to which any of such Indemnified Persons may become subject under
the Securities Act or otherwise, insofar as such losses, claims, damages,
liabilities, or actions arise out of or are based upon any actual or alleged
untrue statement of any material fact contained in any registration statement
under which such securities were registered under the Securities Act, any
preliminary prospectus or final prospectus contained therein, or any amendment
or supplement thereto, or arise out of or are based upon the actual or alleged
omission to state therein a material fact required to be stated therein or
necessary to make the statements therein not misleading, in each case to the
extent and only to the extent that any such loss, claim, damage, liability, or
action arises out of or is based upon an untrue statement or omission of a
material fact made in said registration statement, said preliminary prospectus
or said prospectus or said amendment or supplement in reliance upon and in
conformity with written information furnished to the Company by the Subscriber
or any affiliate (as defined in the Securities Act) of the Subscriber
specifically for use in the preparation thereof.

         (m) Any party entitled to indemnification hereunder will (i) give
prompt written notice to the indemnifying party of any claim with respect to
which it seeks indemnification and (ii) unless in such indemnified party's
reasonable judgment a conflict of interest between such indemnified and
indemnifying parties may exist with respect to such claim, permit such
indemnifying party to assume the defense of such claim with counsel reasonably
satisfactory to the indemnified party. If such defense is assumed, the
indemnifying party will not be subject to any liability for any settlement made
by the indemnified party without its consent (which consent may not be
unreasonably withheld). An indemnifying party who is not entitled to, or elects
not to, assume the defense of a claim will not be obligated to pay the fees and
expenses of more than one counsel for all parties indemnified by such
indemnifying party with respect to such claim, unless in the reasonable judgment
of any indemnified party a conflict of interest may exist between such
indemnified party and any other of such indemnified parties with respect to such
claim.

         (n) With a view to making available to the Offering Holder the benefits
of Rule 144 promulgated under the Securities Act, the Company agrees that it
will use its commercially reasonable efforts to maintain registration of its
Common Stock under Section 12 or 15 of the Securities and Exchange Act of 1934,
as amended (the "Exchange Act"), and to file with the SEC in a timely manner all
reports and other documents required to be filed by an issuer of securities
registered under the Exchange Act so as to maintain the availability of Rule
144. Upon the request of any record owner, the Company will deliver to such
owner a written statement as to whether it has complied with the reporting
requirements of Rule 144.

5. Representations and Warranties of the Subscriber. The Subscriber hereby
represents and warrants to the Company and the Placement Agent as follows:

(a) The Subscriber is acquiring the Shares for its own account, for investment
and not with a view to, or for resale in connection with, any distribution or
public offering thereof within the meaning of the Securities Act, and applicable
state securities laws. The Subscriber understands that (A) the Shares (1) have
not been registered under the Securities Act or any state securities laws, (2)
will be issued in reliance upon an exemption from the registration and
prospectus delivery requirements of the Securities Act pursuant to Section 4(2)
and/or Regulation D thereof, and (3) will be issued in reliance upon exemptions
from the registration and prospectus delivery requirements of state securities
laws which relate to private offerings, and (B) the Subscriber must therefore
bear the economic risk of such investment indefinitely unless a subsequent
disposition thereof is registered under the Securities Act and applicable state
securities laws or is exempt therefrom. The Subscriber further understands that
such exemptions depend upon, among other things, the bona fide nature of the
investment intent of the Subscriber expressed herein. Pursuant to the foregoing,
the Subscriber acknowledges that the certificates representing the Shares
acquired by the Subscriber shall bear a restrictive legend substantially as
follows:

               "THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO
               RESTRICTIONS ON TRANSFER UNDER THE SECURITIES ACT OF 1933, AS
               AMENDED, AND STATE SECURITIES LAWS, AND MAY NOT BE OFFERED FOR
               SALE, SOLD, ASSIGNED, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED
               OF UNLESS (I) REGISTERED UNDER THE APPLICABLE SECURITIES LAWS OR
               (II) AN OPINION OF COUNSEL, WHICH OPINION AND COUNSEL ARE BOTH
               REASONABLY SATISFACTORY TO THE COMPANY, HAS BEEN DELIVERED TO THE
               COMPANY AND SUCH OPINION STATES THAT THE SHARES MAY BE
               TRANSFERRED WITHOUT SUCH REGISTRATION."

(b) The Subscriber has knowledge, skill and experience in financial, business
and investment matters relating to an investment of this type and is capable of
evaluating the merits and risks of such investment and protecting the
Subscriber's interest in connection with the acquisition of the Shares. The
Subscriber understands that the acquisition of the Shares is a speculative
investment and involves substantial risks and that the Subscriber could lose the
Subscriber's entire investment in the Shares. Further, the Subscriber has
carefully read and considered the matters set forth under the section entitled
"Risk Factors" in the Memorandum, and has taken full cognizance of and
understands all of the risks related to the purchase of the Shares. To the
extent deemed necessary by the Subscriber, the Subscriber has retained, at its
own expense, and relied upon, appropriate professional advice regarding the
investment, tax and legal merits and consequences of purchasing and owning the
Shares. The Subscriber has the ability to bear the economic risks of the
Subscriber's investment in the Company, including a complete loss of the
investment, and the Subscriber has no need for liquidity in such investment.

(c) The Subscriber has been furnished by the Company all information (or
provided access to all information) regarding the business and financial
condition of the Company, its expected plans for future business activities, the
attributes of the Shares and the merits and risks of an investment in the Shares
which the Subscriber has requested or otherwise believes that the Subscriber
needs to evaluate the investment in the Company.

(d) The Subscriber is in receipt of and has carefully read and understands the
following items:

o The Memorandum;
o Annual Report on Form 10-KSB for Fiscal Year ended December 31, 2003;
o Quarterly Report on Form 10-QSB for the Quarter ended March 31, 2004;
o Quarterly Report on Form 10-QSB for the Quarter ended June 30, 2004;
o Definitive Information Statement on Schedule 14C filed with the SEC on May 17,
  2004;
o Current Report on Form 8-K, dated September 16, 2004, filed with the SEC on
  September 22, 2004; and
o Current Report on Form 8-K, dated October 13, 2004, filed with the SEC on
  October 18, 2004.

(e)  In making the Subscriber's investment decision, the Subscriber is relying
solely on investigations made by the Subscriber and the Subscriber's
representative(s), if any. The offer to sell the Shares was communicated to the
Subscriber in such a manner that the Subscriber was able to ask questions of and
receive answers from the management of the Company concerning the terms and
conditions of the proposed transaction. At no time was the Subscriber presented
with or solicited by or through any advertisement, article, leaflet, public
promotional meeting, notice or other communication published in any newspaper,
magazine or similar media or broadcast over television or radio or presented at
any seminar or meeting or any other form of general or public advertising or
solicitation.

(f) The Subscriber acknowledges that the Subscriber has been advised that:

(i)      The Shares offered hereby have not been approved or disapproved by the
         SEC or any state securities commission nor has the SEC or any state
         securities commission passed upon the accuracy or adequacy of any
         representations by the Company. Any representation to the contrary is a
         criminal offense.

(ii)     In making an investment decision, the Subscriber must rely on its own
examination of the Company and the terms of the Offering, including the merits
and risks involved.  The Shares have not been recommended by any federal or
state securities commission or other regulatory authority. Furthermore, the
foregoing authorities have not confirmed the accuracy or determined the adequacy
of any representation by the Company.  Any representation to the contrary is a
criminal offense

(iii) The Shares will be "restricted  securities"  within the meaning of Rule
144 under the Securities  Act, are subject to  restrictions  on  transferability
and resale and may not be  transferred  or resold except as permitted  under the
Securities Act and applicable  state  securities laws,  pursuant to registration
or exemption  therefrom.  The  Subscriber is aware that the Subscriber may be
required to bear the financial risks of this investment for an indefinite period
of time.

(g)      The Subscriber acknowledges and is aware that there has never been any
         representation, guarantee or warranty made by the Company or any
         officer, director, employee or agent or representative of the Company,
         expressly or by implication, as to (i) the approximate or exact length
         of time that the Subscriber will be required to remain an owner of the
         Shares; (ii) the percentage of profit and/or amount of or type of
         consideration, profit or loss to be realized, if any, as a result of
         this investment; or (iii) that the limited past performance (if any) or
         experience on the part of the Company, or any future expectations
         regarding the Company's business or operations, will in any way
         indicate the predictable results of the ownership of Shares or of the
         overall financial performance of the Company.

(h)  The  Subscriber  agrees to furnish  the Company  such other  information
as the  Company  may  reasonably request  in order to verify the  accuracy  of
the  information  contained  herein and agrees to notify the Company immediately
of any  material  change  in the  information  provided  herein  that  occurs
prior to the  Company's acceptance of this Agreement.

(i) The Subscriber  further  represents and warrants that the  Subscriber is an
"accredited  investor"  within the meaning of Rule 501 of Regulation D under the
Securities  Act, and the Subscriber has executed the  Certificate of Accredited
Investor Status, attached hereto as Exhibit B.

(j)  If the  Subscriber is a natural  person,  the  Subscriber  has reached the
age of majority in the state in which the Subscriber  resides,  has adequate
means of providing for the  Subscriber's  current  financial needs and
contingencies,  is able to bear the  substantial economic risks of an investment
in the Shares for an indefinite period of time,  has no need for liquidity in
such  investment  and, at the present  time,  could afford a complete loss of
such investment.

(k) If this  Agreement is executed and delivered on behalf of a  partnership,
corporation,  trust,  estate or other  entity (an  "Entity"):  (i) such Entity
has the full legal right and power and all  authority  and  approval required
(a) to execute and  deliver,  or  authorize  execution  and  delivery  of, this
Agreement  and all other instruments  executed and delivered by or on behalf of
such Entity in  connection  with the purchase of the Shares, (b) to delegate
authority  pursuant  to power of  attorney  and (c) to  purchase  and hold such
Shares,  (ii) the signature  of the party  signing on behalf of such Entity is
binding  upon such  Entity;  and (iii) such Entity has not been formed for the
specific  purpose of acquiring such Shares,  unless each beneficial owner of
such Entity is qualified  as an  accredited  investor  within the meaning of
Rule 501(a) of  Regulation  D  promulgated  under the Securities Act and has
submitted information substantiating such individual qualification.

(l) If the  Subscriber is a retirement  plan or is investing on behalf of a
retirement  plan,  the  Subscriber acknowledges  that  investment in the Common
Stock poses  additional  risks,  including,  without  limitation,  the
inability to use losses generated by an investment in the Common Stock to offset
taxable income.

(m) The Subscriber represents and warrants that it is not a broker-dealer or an
affiliate  of  a broker-dealer, except as follows:_____________________________.
If    the    Subscriber    is   a broker-dealer,  the Subscriber  acknowledges
that the Subscriber will be deemed to be an underwriter  with respect to the
resale of its Shares.  If the Subscriber is an affiliate of a  broker-dealer,
the  Subscriber  acknowledges that the  Subscriber  will be deemed to be an
underwriter  with  respect to the resale of its Shares to the extent that such
Shares are sold through its  affiliated  broker-dealer.  To the extent that the
Subscriber is affiliated in any manner with a  broker-dealer,  the  Subscriber
further  represents  and warrants that it is purchasing  the Shares  in the
ordinary  course  of its  business  and  that  as of  the  date  hereof  it  has
no  agreements  or understandings, directly or indirectly, with any person to
distribute the Shares.

         The foregoing representations and warranties and undertakings are made
by the Subscriber with the intent that they be relied upon by the Company and
the Placement Agent in determining the Subscriber's suitability as an investor,
and the Subscriber hereby agrees that such representations and warranties shall
survive the Subscriber's purchase of the Shares.

6. Representations and Warranties of the Company. The Company hereby represents
and warrants to the Subscriber as follows:

(a) The Company is duly incorporated, validly existing and in good standing
under the laws of the State of Nevada, and is duly qualified to do business as a
foreign corporation in all jurisdictions in which the failure to be so qualified
would materially and adversely affect the business or financial condition,
properties or operations of the Company.

(b) The Company has duly  authorized the issuance and sale of the Shares in
accordance  with the terms of this Agreement (as described  herein) by all
requisite  corporate  action,  including the authorization of the Company's
Board of Directors of the issuance and sale of the Shares in accordance
herewith,  and the execution,  delivery and performance of any other agreements
and instruments  executed in connection  herewith.  This Agreement  constitutes
a valid and legally  binding  obligation of the Company,  enforceable in
accordance  with its terms,  except (i) as limited by applicable bankruptcy,
insolvency,  reorganization,  moratorium,  and other laws of general application
affecting  enforcement of creditors'  rights  generally,  (ii) as  limited by
laws relating to the  availability of specific performance,  injunctive relief,
or other equitable remedies,  and (iii) to the extent the indemnification
provisions contained herein may be limited by applicable federal or state
securities laws.

(c) As of the date of this  Agreement,  the  Memorandum  does not contain any
untrue  statement  of a material fact or omit to  state  any  material  fact
required  to be  stated  therein  or  necessary in  order to make the statements
therein, in the light of the circumstances under which they were made, not
misleading.

(d) The  documents  incorporated  by reference or included  with the Memorandum,
at the time they were filed with the SEC,  complied in all  material  respects
with the  requirements  of the  Exchange  Act,  and,  when read together and
with the other  information in the Memorandum,  did not contain,  at the time
they were filed with the SEC, any untrue  statement of a material  fact or omit
to state a material  fact  required to be stated  therein or necessary in order
to make the statements  therein,  in the light of the circumstances  under which
they were made, not misleading.

7. Understandings. The Subscriber understands, acknowledges and agrees with the
Company as follows:

(a) This Subscription may be rejected, in whole or in part, by the Company in
its sole and absolute discretion, at any time before the Closing,
notwithstanding prior receipt by the undersigned of notice of acceptance of the
undersigned's Subscription. The Company may terminate this Offering at any time
in its sole discretion. Neither the execution of this Agreement nor the
solicitation of the investment contemplated hereby shall create any obligation
of the Company to accept any subscription or complete the Offering. The Company
is not required to accept any minimum amount of subscriptions before conducting
a Closing.

(b) The  Subscriber  hereby  acknowledges  and agrees that the  subscription
hereunder is  irrevocable by the Subscriber,  that,  except as required by law,
the  Subscriber is not entitled to cancel,  terminate or revoke this Agreement
or any agreements of the Subscriber  hereunder and that this  Agreement and such
other  agreements  shall survive  the death or  disability  of the  Subscriber
and shall be  binding  upon and inure to the  benefit of the parties and their
heirs,  executors,  administrators,  successors,  legal representatives and
permitted assigns. If the Subscriber is more than one person,  the  obligations
of the  Subscriber  hereunder  shall be joint and several and the agreements,
representations,  warranties and  acknowledgments  herein contained shall be
deemed to be made by and be  binding  upon  each  such  person  and  his/her
heirs,  executors,  administrators,  successors,  legal representatives and
permitted assigns.

(c) No federal or state agency has made any finding or  determination  as to the
accuracy or adequacy of the Memorandum or as to the  suitability of the Offering
for investment  nor any  recommendation  or endorsement of the Shares.

(d) The  Offering is intended to be exempt from  registration  under the
Securities  Act by virtue of Section 4(2) of the  Securities  Act and the
provisions of Regulation D thereunder,  which is in part  dependent  upon the
truth, completeness and accuracy of the statements made by the Subscriber
herein.

(e) There can be no  assurance  that the  Subscriber  will be able to sell or
dispose  of the  Shares.  It is understood  that in order not to jeopardize the
Offering's exempt status under Section 4(2) of the Securities Act and Regulation
D, any transferee will, at a minimum, be required to fulfill the investor
suitability  requirements thereunder.

(f) The  Subscriber  acknowledges  that the  information  contained  in the
Memorandum  is  confidential  and non-public  and agrees that all such
information  shall be kept in confidence by the  Subscriber  and neither used
for the  Subscriber's  personal  benefit  (other than in connection  with this
subscription)  nor disclosed to any third party for any reason;  provided,
however,  that this confidentiality  obligation shall not apply to any such
information  that (i) is part of the public  knowledge or literature,  (ii)
becomes part of the public knowledge or literature  (except as a result of a
breach of this  provision)  or (iii) is received  from third  parties  (except
third  parties who disclose  such  information  in  violation of any
confidentiality  agreements  or  obligations, including,  without  limitation,
any  subscription  agreement  entered into with the  Company).  In addition, the
Subscriber may disclose any information as may be required by law or applicable
legal process;  provided, however, to the extent  permitted by law or applicable
legal  process,  the  Subscriber  shall provide the Company at least five
business days prior written notice before making any such disclosure.

(g) The  representations,  warranties  and  agreements  of the  Subscriber
contained  herein and in any other writing  delivered  in  connection  with the
transactions  contemplated  hereby  shall be true and  correct in all respects
on and as of the date of the  Closing  of the sale of the  Shares  as if made on
and as of such  date and shall survive the execution and delivery of this
Agreement and the purchase of the Shares.

8. Survival; Indemnification. All representations, warranties and covenants
contained in this Agreement and the indemnification obligations contained in
this Section 8 shall survive (i) the acceptance of this Agreement by the
Company, (ii) changes in the transactions, documents and instruments described
herein which are not material or which are to the benefit of the Subscriber, and
(iii) the death or disability of the Subscriber. The Subscriber understands the
meaning and legal consequences of the representations, warranties and covenants
contained in this Agreement and that the Company and the Placement Agent have
relied upon such representations, warranties and covenants in determining the
Subscriber's qualification and suitability to purchase the Shares. The
Subscriber hereby agrees to indemnify, defend and hold harmless the Company, the
Placement Agent and their respective officers, directors, employees, agents and
controlling persons, from and against any and all losses, claims, damages,
liabilities, expenses (including attorneys' fees and disbursements), judgments
or amounts paid in settlement of actions arising out of or resulting from the
untruth of any representation of the Subscriber herein or the breach of any
warranty or covenant herein by the Subscriber. Notwithstanding the foregoing,
however, no representation, warranty, covenant or acknowledgment made herein by
the Subscriber shall in any manner be deemed to constitute a waiver of any
rights granted to it under the Securities Act or state securities laws.

9. Notices.  All  notices  and other  communications  provided  for herein
shall be in writing  and shall be deemed to have been duly given if delivered
personally  or sent by registered or certified  mail,  return  receipt
requested, postage prepaid, or sent by reputable overnight courier, charges
prepaid:

(a)      if to the Company, to the following address:

                           Westside Energy Corporation
                           2100 West Loop South, Suite 900
                           Houston, Texas 77027
                           Attn:  Jimmy D. Wright
                           Telephone:  (713) 590-3790

(b)      if to the Subscriber, to the address set forth on the signature page
hereto; or at such other address as any party shall have specified by notice in
writing to the other.

10. Notification of Changes. The Subscriber agrees and covenants to notify the
Company immediately upon the occurrence of any event prior to the consummation
of the Offering that would cause any representation, warranty, covenant or other
statement contained in this Agreement to be false or incorrect or of any change
in any statement made herein occurring prior to the consummation of the
Offering.

11. Assignability;  Modification.  This  Agreement  is  not  assignable  by the
Subscriber,  and  may  not be modified,  waived or terminated  except by an
instrument in writing signed by the party against whom enforcement of such
modification, waiver or termination is sought.

12. Binding Effect. Except as otherwise  provided  herein,  this Agreement shall
be binding upon and inure to the benefit of the parties and their  heirs,
executors,  administrators,  successors,  legal  representatives  and permitted
assigns, and the agreements,  representations,  warranties and acknowledgments
contained herein shall be deemed to be made by and be binding upon such heirs,
executors,  administrators,  successors, legal representatives and permitted
assigns.

13. Obligations  Irrevocable.  The  obligations  of the  Subscriber  shall  be
irrevocable,  except  with the written consent of the Company, until the
consummation or termination of the Offering.

14. Entire  Agreement. This  Agreement constitutes  the entire  agreement of the
Subscriber and the Company relating to the matters contained herein, superseding
all prior contracts or agreements, whether oral or written.

15. Governing Law.  This Agreement shall be governed by and construed in
accordance with the laws of the State of Texas, without regard to the principles
of conflicts of law thereof that would require the application of the laws of
any jurisdiction other than Texas.

16. Severability.  If any  provision of this  Agreement or the  application
thereof to the  Subscriber or any circumstance  shall be held  invalid or
unenforceable  to any extent,  the  remainder  of this  Agreement  and the
application of such provision to other  subscriptions or  circumstances  shall
not be affected thereby and shall be enforced to the greatest extent permitted
by law.

17. Headings.  The headings in this Agreement are inserted for  convenience  and
identification  only and are not  intended  to  describe,  interpret,  define,
or limit the scope,  extent or intent of this  Agreement  or any provision
hereof.

18. Counterparts.  This  Agreement  may be  executed  in any  number of
counterparts,  each of which  when so executed and delivered  shall be deemed to
be an original and all of which  together  shall be deemed to be one and the
same agreement.

19. Counsel. The Subscriber hereby acknowledges that the Company and its counsel
represent the interests of the Company and not those of the Subscriber in any
agreement  (including  this Agreement) to which the Company is a party.

                             [SIGNATURES TO FOLLOW]

<PAGE>

         IN WITNESS WHEREOF,  the Subscriber has executed this  Subscription
and Registration  Rights Agreement as of ____________ ___, 2004.

                                      SUBSCRIBER

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

                                      Number of Shares: ____________________
                                      Offering Price per Share: $2.00
                                      Subscription Amount:  $___________________

                                      By:  _____________________________________
                                      Name:_____________________________________
                                      Title:____________________________________
                                      Address:  ________________________________

================================================================================

                                      Please designate
                                      name in which
                                      stock
                                      certificate(s)
                                      representing
                                      Shares purchased
                                      are to be
                                      registered.

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

                                      Please designate
                                      address for
                                      delivery of stock
                                      certificate(s)
                                      representing
                                      Shares purchased
                                      (if different from
                                      above).

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

                                      Please designate
                                      the individual to
                                      whom all
                                      correspondence
                                      concerning the
                                      Subscriber's
                                      subscription for
                                      Shares should be
                                      sent, along with
                                      such individual's
                                      requested contact
                                      information.

                                      Name:_____________________________________
                                      Address:_________________________________
                                      -----------------------------------
                                      Telephone: (____)_____________________
                                      E-mail:___________________________________

The name(s) of the natural person(s) who will have voting and investment power
over the Shares purchased are as follows (please print legibly, as the name(s)
must be disclosed in the registration statement):
--------------------------------------------

Please indicate the number of shares of the Company's Common Stock currently
owned by the Subscriber in addition to those being subscribed for in this
Agreement (this must also be disclosed in the registration statement).
------------------

         The Company hereby  accepts the foregoing  subscription  subject to the
terms and conditions  hereof as of ____________ ___, 2004.

                                               Westside Energy Corporation,
                                               a Nevada corporation

                                               By:______________________________
                                                      Name:
                                                      Title:

<PAGE>

                                    Exhibit A

SUBSCRIPTION INSTRUCTIONS

         (1) If you are subscribing for the purchase of Shares, please complete,
date and sign the signature page to this Subscription and Registration Rights
Agreement in the applicable spaces. Please signify the amount of Shares for
which you are subscribing by inserting such amount in the space provided for on
the signature page to the Agreement.

         (2) Complete, date and sign the accompanying Certificate of Accredited
Investor Status (Exhibit B).

         (3) Send all completed documents to:

         Westside Energy Corporation
         2100 West Loop South, Suite 900
         Houston, Texas 77027
         Attn:  Jimmy D. Wright
         Telephone:  (713) 590-3790

         (4) Fax the signature pages for all completed documents to:

         Sterne, Agee & Leach, Inc.
         Attn:  W. Barry McRae
         Facsimile:  (205) 949-3607
         Telephone:  (205) 949-3555

         (5) Transmit funds (in an amount equal to the number of Shares for
which you are subscribing multiplied by the Offering Price) via wire to the
following account of Westside Energy Corporation:

                               Domestic Transfers

                  Legal Name:                     Westside Energy Corporation
                  Bank Name:                      Bank of Texas, NA
                  Contact:                        Ms. Carter McMahan
                  Phone Number:                   (713) 706-1417
                  ABA / Routing Number:           111014325
                  Account Number:                 2902608289
                  Tax ID Number:                  88-0349241

<PAGE>

                             International Transfers

                  Send to:                           Bank of Oklahoma, NA
                                                     One Williams Center
                                                     Tulsa, OK 74172
                  Swift Code:                        BAOKUS44
                  For Credit to:                     Bank of Texas, NA
                  Contact:                           Ms. Carter McMahan
                  Phone Number:                      713/706-1417
                  Beneficiary:                       Westside Energy Corporation
                  Account Number:                    2902608289
                  Tax ID Number:                     88-0349241

ATTENTION  SUBSCRIBERS:  NO  SUBSCRIPTION  WILL BE ACCEPTED  UNLESS ALL
DOCUMENTATION  PRESCRIBED  HEREIN IS FULLY COMPLETED  AND  EXECUTED.  ANY
MATERIALS  RECEIVED  THAT ARE  INCOMPLETE  IN ANY  RESPECT  WILL BE RETURNED BY
THE COMPANY.

<PAGE>

                                        2

                                    Exhibit B

                    CERTIFICATE OF ACCREDITED INVESTOR STATUS

         The undersigned is an "accredited investor," as that term is defined in
Regulation D under the Securities Act of 1933, as amended (the "Securities
Act"). The undersigned has checked the box below indicating the basis on which
the undersigned is representing the undersigned's status as an "accredited
investor":

O        a bank as defined in Section 3(a)(2) of the Securities  Act, or any
         savings and loan  association or other institution  as defined in
         Section  3(a)(5)(A) of the  Securities  Act whether acting in its
         individual or fiduciary  capacity;  a broker or dealer registered
         pursuant to Section 15 of the Securities Exchange Act of 1934,  as
         amended;  an  insurance  company  as  defined in Section  2(13) of the
         Securities  Act;  an investment company registered under the Investment
         Company Act of 1940 or a business  development  company as defined in
         Section  2(a)(48)  of that Act; a small  business  investment  company
         licensed by the U.S. Small Business  Administration  under Section
         301(c) or (d) of the Small Business  Investment Act of 1958; a  plan
         established  and  maintained  by  a  state,  its  political
         subdivisions,   or  any  agency  or instrumentality  of a state or its
         political  subdivisions,  for the benefit of its  employees,  and such
         plan has total  assets in excess of  $5,000,000;  an  employee  benefit
         plan  within  the  meaning of the Employee  Retirement Income Security
         Act of 1974, if the investment  decision is made by a plan fiduciary,
         as defined in Section 3(21) of such Act, which is either a bank,
         savings and loan association,  insurance company,  or registered
         investment adviser, or if the employee benefit plan has total assets in
         excess of $5,000,000  or, if a  self-directed  plan,  with  investment
         decisions  made  solely by persons  that are "accredited investors";

O        a private business  development  company as defined in Section
         202(a)(22) of the Investment  Advisers Act of 1940;

O        an organization described in Section 501(c)(3) of the Internal Revenue
         Code, corporation, Massachusetts or similar business trust, or
         partnership, not formed for the specific purpose of acquiring the
         securities offered, with total assets in excess of $5,000,000;

O        a natural person whose individual net worth, or joint net worth with
         the undersigned's spouse, at the time of this purchase exceeds
         $1,000,000;

O        a natural person who had an individual income in excess of $200,000 in
         each of the two most recent years or joint income with the
         undersigned's spouse in excess of $300,000 in each of those years and
         has a reasonable expectation of reaching the same income level in the
         current year;

O        a trust with total assets in excess of $5,000,000, not formed for the
         specific purpose of acquiring the securities offered, whose purchase is
         directed by a person who has such knowledge and experience in financial
         and business matters that he is capable of evaluating the merits and
         risks of the prospective investment;

O        an entity in which all of the equity holders are "accredited investors"
         by virtue of their meeting one or more of the above standards; or

O        an individual who is a director or executive officer of Westside Energy
         Corporation.

        IN WITNESS  WHEREOF,  the  undersigned  has  executed  this Certificate
of Accredited Investor Status effective as of the ___ day of ____________, 2004.

                                   --------------------------------------------
                                   Name of Subscriber

                                   By: ________________________
                                   Name: ______________________
                                   Title: _______________________

<PAGE>

                                        2
                                    Exhibit C

                              PLAN OF DISTRIBUTION

         As of the date of this prospectus, we have not been advised by the
selling stockholders as to any plan of distribution. Shares owned by the selling
stockholders, or by their partners, pledgees, donees (including charitable
organizations), transferees or other successors in interest, may from time to
time be offered for sale either directly by such individual, or through
underwriters, dealers or agents or on any exchange on which the shares may from
time to time be traded, in the over-the-counter market, or in independently
negotiated transactions or otherwise. The methods by which the shares may be
sold include:

o                 a block trade (which may involve crosses) in which the broker
                  or dealer so engaged will attempt to sell the securities as
                  agent but may position and resell a portion of the block as
                  principal to facilitate the transaction;

o                 purchases by a broker or dealer as principal and resale by
                  such broker or dealer for its own account pursuant to this
                  prospectus;

o        exchange distributions and/or secondary distributions;

o        sales in the over-the-counter market;

o        underwritten transactions;

o        ordinary brokerage transactions and transactions in which the broker
         solicits purchasers; and

o        privately negotiated transactions.

         Such transactions may be effected by the selling stockholders at market
prices prevailing at the time of sale or at negotiated prices. The selling
stockholders may effect such transactions by selling the common stock to
underwriters or to or through broker-dealers, and such underwriters or
broker-dealers may receive compensations in the form of discounts or commissions
from the selling stockholders and may receive commissions from the purchasers of
the common stock for whom they may act as agent. The selling stockholders may
agree to indemnify any underwriter, broker-dealer or agent that participates in
transactions involving sales of the shares against certain liabilities,
including liabilities arising under the Securities Act. We have agreed to
register the shares for sale under the Securities Act and to indemnify the
selling stockholders, certain representatives of the selling stockholders and
each person who participates as an underwriter in the offering of the shares
against certain civil liabilities, including certain liabilities under the
Securities Act.

         In connection with sales of the common stock under this prospectus, the
selling stockholders may enter into hedging transactions with broker-dealers,
who may in turn engage in short sales of the common stock in the course of
hedging the positions they assume. The selling stockholders also may sell shares
of common stock short and deliver them to close out the short positions, or loan
or pledge the shares of common stock to broker-dealers that in turn may sell
them.

         The selling stockholders and any underwriters, dealers or agents that
participate in distribution of the shares may be deemed to be underwriters, and
any profit on sale of the shares by them and any discounts, commissions or
concessions received by any underwriter, dealer or agent may be deemed to be
underwriting discounts and commissions under the Securities Act.

         There can be no assurances that the selling stockholders will sell any
or all of the shares offered under this prospectus.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00074-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00074-of-00352.parquet"}]]