Document:

Exhibit 10.33

 

November 28, 2012

 

MacKov Investments Limited

glenn.macneil@hotmail.co.uk

 

Re: Letter Agreement – Richfield
Buy-out Proposal for Working Interest in Koelsch/Prescott

 

Mr. MacNeil,

 

Below are the details about Richfield Oil
& Gas Company’s one-time buy-out proposal effective October 1, 2012 for your working interest (“WI”) in the
Koelsch #25-1 Well and Prescott Field.

 

		1.	Richfield Oil & Gas Company (“Richfield”)
is offering $262,500 to be paid by issuing you shares of Richfield common stock for your 5.00% WI in the Koelsch #25-1 Well and
Prescott Field. This amount will be reduced as set forth in paragraph 3 below.

 

		2.	This buy-out offer is conditioned upon payment by
you of all outstanding joint interest billings (JIBs) amounts owed as of September 30, 2012. You currently have no outstanding
JIBs as of September 30, 2012.

 

		3.	The $262,500 offered above will be reduced by $247,605
in order for you to exercise your outstanding 154,753 warrants at $1.60 per share.

 

		4.	The total sum due to you by Richfield is $14,895 to
be paid by issuing 5,958 shares of Richfield common stock, valued at $2.50 per share. Richfield will issue these 5,958 shares
of common stock to you as set forth in paragraph 3.a. above.

 

		5.	All share pursuant to paragraph 3 and 4 above, which
total, which total 160,711 shares of common stock, will be issued as follows:

 

		a.	Name: MacKov Investments Limited

Address:
11 Bronte Road, Condo 522

Oakville,
Ontario, Canada, L6L 0E1

 

Please confirm your acceptance by signing
below and return to us by email or fax at (801) 519-6703.

 

Thank you,

 

 

Michael A. Cederstrom

General Counsel, Corporate Secretary

 

Approved as to form and content: 

 

MacKov Investments Limited 

 

 

	By: 	/s/ Glenn G. MacNeil	 	Date: 	November
28, 2012
	 	Glenn MacNeil, President	 	 	 

 

 

 

|
15 WEST SOUTH TEMPLE
SUITE 1050, SALT LAKE
CITY, UTAH 84010 |

|
OFFICE 801.519.8500 | FAX 801.519.6703 | WWW.RICHFIELDOILANDGAS.COM
|Exhibit 10.34

 

PURCHASE AND SALE AGREEMENT 

OF LIBERTY WORKING INTEREST 

 

 

Richfield Oil &
Gas Company, a Nevada corporation as (“Richfield” or “Buyer”), MacKov Investments Limited (“Seller”)
(collectively Richfield and Seller shall be referred to as “Parties”) are entering into this Agreement (the “Agreement”).
The Parties agree to the following terms:

 

WHEREAS Seller desires
to sell a 1.00% Carried Working Interest (“CWI”) and 2.25% Working Interest (“WI”) BPO and 1.75% WI APO
in the Liberty #1 Well and 3.25% WI BPO and 2.75% WI APO in the Liberty Prospect located in Juab County, Utah;

 

WHEREAS Richfield desires
to purchase the CWI and WI from Seller in Liberty #1 Well and Prospect as described above;

 

NOW THEREFORE in consideration
of the mutual covenants, conditions, and considerations provided below, Richfield and Seller agree as follows:

 

1.             The
Properties. Seller hereby assigns and conveys to Richfield all of Seller’s ownership in Liberty consisting of a 1.00%
CWI, 2.25% WI BPO and 1.75% WI APO in the Liberty #1 Well and 3.25% WI BPO and 2.75% WI APO in the Liberty Prospect located in
T12S, R1E, Section 34, SLB&M, Juab County, Utah.

 

2.              Purchase
Price. Richfield shall pay to Seller for the purchase of all of Seller’s CWI and WI in Liberty #1 Well and Prospect
the sum of $242,000. The sum payable shall be paid by the issuance of 96,800 shares of Richfield common stock, valued at $2.50
per share.

 

3.              Effective Date. The
conveyance by Seller shall be effective as of 7:00 a.m. local time, where the Properties are located, on October 1, 2012 (the
“Effective Date”). There is currently no production from the Properties.

 

4.              Taxes. Seller shall be responsible for all taxes relating to his WI in the Properties prior to the Effective Date.

 

5.         
    Further Assurances, Intent. Seller agrees to execute and deliver to Buyer all instruments, conveyances, and
other documents and to do such other acts not inconsistent with this Agreement as may be necessary or advisable to carry out
Seller’s intent.

 

6.        
    Parties in Interest. This Agreement shall inure to the benefit of and be binding upon Seller and Richfield
and their respective successors and assigns. However, no assignment by any party shall relieve any party of any duties or obligations
under this Agreement unless such relief is granted in writing by the other party.

 

7.        
     Complete Agreement. This Agreement constitutes the complete agreement between the parties regarding the purchase
and sale of the Properties. Where applicable, all of the terms of this Agreement shall survive the closing of this Agreement.

 

Richfield Oil & Gas Company

 

	/s/ Michael A. Cederstrom	 	Dated: 	November 30, 2012
	Michael A. Cederstrom, General Counsel	 	 	 

  

MacKov Investments Limited 

 

	/s/ Glenn G. MacNeil	 	Dated: 	November 30, 2012
	Glenn MacNeil, President	 	 	 

 

    	Page 1 of 1Exhibit 10.35

PURCHASE AND SALE AGREEMENT 

OF HUOP WORKING INTEREST 

 

 

Richfield Oil &
Gas Company, a Nevada corporation as (“Richfield” or “Buyer”), MacKov Investments Limited (“Seller”)
(collectively Richfield and Seller shall be referred to as “Parties”) are entering into this Agreement (the “Agreement”).
The Parties agree to the following terms:

 

WHEREAS Seller desires
to sell a 0.50% Working Interest (“WI”) in the Deep and 0.25% WI in the Shallow in the Hewitt Utah Overthrust Project
(“HUOP”) located in Sanpete County, Utah;

 

WHEREAS Richfield desires
to purchase the WI from Seller in HUOP as described above;

 

NOW THEREFORE in consideration
of the mutual covenants, conditions, and considerations provided below, Richfield and Seller agree as follows:

 

1.             The
Properties. Seller hereby assigns and conveys to Richfield all of Seller’s ownership in HUOP consisting of a 0.50% WI
in the Deep and 0.25% WI in the Shallow in the HUOP and oil and gas leasehold located in T13S to T14S, R2E and the western half
of T14S, R3E, SLM, Sanpete County, Utah (the “Properties”).

 

2.              Purchase Price. Richfield shall pay to Seller for the purchase of all of Seller’s WI in HUOP for the sum of $62,500.
The sum payable shall be paid by the issuance of 25,000 shares of Richfield common stock, valued at $2.50 per share.

 

3.              Effective Date. The
conveyance by Seller shall be effective as of 7:00 a.m. local time, where the Properties are located, on October 1, 2012 (the
“Effective Date”). There is currently no production from the Properties.

 

4.              Taxes. Seller shall be responsible for all taxes relating to his WI in the Properties prior to the Effective Date.

 

5.        
     Further Assurances, Intent. Seller agrees to execute and deliver to Buyer all instruments, conveyances, and other
documents and to do such other acts not inconsistent with this Agreement as may be necessary or advisable to carry out Seller’s
intent.

 

6.        
     Parties in Interest. This Agreement shall inure to the benefit of and be binding upon Seller and Richfield
and their respective successors and assigns. However, no assignment by any party shall relieve any party of any duties or obligations
under this Agreement unless such relief is granted in writing by the other party.

 

7.        
      Complete Agreement. This Agreement constitutes the complete agreement between the parties regarding the purchase
and sale of the Properties. Where applicable, all of the terms of this Agreement shall survive the closing of this Agreement.

 

Richfield Oil & Gas Company

 

	/s/ Michael A. Cederstrom	 	Dated: 	December 11, 2012
	Michael A. Cederstrom, General Counsel	 	 	 

 

MacKov Investments Limited 

 

	/s/ Glenn G. MacNeil	 	Dated: 	December 11, 2012
	Glenn MacNeil, President	 	 	 

 

    	Page 1 of 1Exhibit 10.36

 

PROMISSORY NOTE

 

 

		DATE OF NOTE #5:	November 16, 2012 &

November
28, 2012

		PRINCIPLE AMOUNT:	$42,500 &

$22,500 totaling

$65,000

 

		INTEREST RATE:	Ten percent (10.0%) per annum

 

		HOLDER:	MacKov Investments Limited (“MacKov”)

 

		MAKER:	Richfield Oil & Gas Company (“Richfield”)

 

		DUE DATE:	On demand

 

 

In conjunction with sale of MacKov’s Overriding Royalty
Interest (“ORRI”) to Wendell Y.M. Lew Revocable Living Trust and the D. Mack Irrevocable Trust for proceeds of $42,500
on November 16, 2012 and $22,500 on November 28, 2012, respectively, MacKov provided a on demand loan to Richfield totaling $65,000
bearing interest at a rate of Ten percent (10.0%) per annum with the interest paid quarterly.

 

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

 

	HOLDER:	 	MAKER:
	 	 	 	 	 
	MacKov Investments Limited	 	RICHFIELD OIL & GAS COMPANY
	 	 	 	 	 
	 	 	 	 	 
	By: 	/s/ Glenn G. MacNeil	 	By:	/s/ Michael A. Cederstrom
	Glenn G. MacNeil,	 	Michael A. Cederstrom, General Counsel and 
	President of MacKov Investments Limited	 	Corporate SecretaryExhibit 10.37

 

AMENDMENT TO 

PROMISSORY NOTE

 

 

		DATE OF AMENDMENT:	January 2, 2013

 

		DATE OF NOTE #5:	November 16, 2012 &

November
28, 2012

		PRINCIPLE AMOUNT:	$42,500 &

$22,500 totaling

$65,000

 

		INTEREST RATE:	Ten percent (10.0%) per annum

 

		HOLDER:	MacKov Investments Limited (“MacKov”)

 

		MAKER:	Richfield Oil & Gas Company (“Richfield”)

 

		DUE DATE:	On demand

 

 

The Promissory Note is hereby amended and modified as follows:

 

MacKov agrees to extend the due date of the Promissory Note
to be further on demand.

 

Richfield agrees to secure the Promissory Note by pledging a
1% in Richfield’s HUOP Project leases in the Freedom Trend Project located in Sanpete County, Utah should the Promissory
Note remain unpaid.

 

Except as amended hereby, the Promissory Note shall remain unchanged
and in full force and effect.

 

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

 

	HOLDER:	 	MAKER:
	 	 	 	 	 
	MacKov Investments Limited	 	RICHFIELD OIL & GAS COMPANY
	 	 	 	 	 
	 	 	 	 	 
	By: 	/s/ Glenn G. MacNeil	 	By:	/s/ Michael A. Cederstrom
	Glenn G. MacNeil,	 	Michael A. Cederstrom, General Counsel and 
	President of MacKov Investments Limited	 	Corporate Secretary

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