Document:

Uniontown Energy Inc.: Exhibit 10.1 - Filed by newsfilecorp.com

EXPLORATION AGREEMENT

This Exploration Agreement (the “Agreement”) is entered
into on May 30, 2011 (the “Effective Date”) between Longshot Oil, LLC,
(“Longshot”) and Union Town Energy Inc. (“Uniontown”). Uniontown
and Longshot may be referred to collectively as the “Parties” or either
of them individually as the “Party”.

WHEREAS:

	 	A. 	
      Longshot owns certain leases as set out in the Exhibit
      “B” to the Schedule “A”. Longshot agrees to assign the Leases to Uniontown
      according to the terms and conditions as set out in this Agreement;
    and

	 	 	 
	 	B. 	
      The Parties are interested in conducting joint
      exploration operations, including the drilling of exploratory or
      development wells, for the discovery and for the production of oil and/or
      gas in an area in Chouteau County, Montana.

NOW THEREFORE in consideration of the premises and the mutual
covenants and agreements set out in this Agreement, the Parties agree as
follows:

1.00 DEFINITIONS, SCHEDULES AND EXHIBITS

1.01 Definitions

“Area of Mutual Interest” or “AMI” means the area
in Chouteau County, Montana, described as follows: Township 24 North, Range 7
East and 8 East all of Sections 1 through 30;

“Assignment Documents” mean documents for assignment of
the Leases in the form as set out in the Schedule “A” to this Agreement attached
hereto;

“Escrow Agent” means Holmes & Company, a law firm
with its offices at 1880 – 1066 West Hastings Street, Vancouver British
Columbia, Canada;

“Escrow Agreement” means an agreement between Longshot,
Union Town and the Escrow Agent dated May 30, 2011;

“Leases” mean the leases owned by Longshot within the
AMI, which in more detail are set out in the Exhibit “B” to the Schedule “A” to
this Agreement attached hereto;

“Payout” means the point in time when Uniontown has
received, from the production of hydrocarbons from the Leases, revenues (less
all royalties, production and severance taxes) equal to the costs incurred by
Uniontown in regard to its interest in the Leases;

“Project Properties” means the property under the Leases
owned by Longshot within the AMI, on which the Parties are planning to drill and
assignment of which to Uniontown has been executed by Longshot and the
Assignment Documents are being held by the Escrow Agent with the intention to be
released to Uniontown once terms and conditions of this Agreement and the Escrow
Agreement are satisfied;

1.02 Other Definitions 

Any words or expressions define otherwise in this Agreement
including the exhibits shall have the meanings respectively assigned to them
notwithstanding that such definition does not appear in this section. When used
in the Exhibits annexed hereto, terms defined in this Agreement shall have the
same meaning unless the Exhibit expressly otherwise define such terms. In case
of any other inconsistency between the terms of this Agreement and the Exhibits
annexed hereto, the terms of this Agreement shall prevail.

1.03 Schedules and Exhibits

	 	 	

	Schedule “A”: 	Assignment of the Leases together with: 
	 	  	 	

	Exhibit “A”: 	Affidavit of Title Search 
	 	  		

	Exhibit “B”: 	List of Leases 
	 	  	  	 	  
	 	 	

	Schedule “B”: 	Operating Agreement 
	 	  		

	Exhibit “A” 	Lands Subject to Operating Agreement; 
	 	  		

	Exhibit “C” 	Accounting Procedure 
	 	  		

	Exhibit “D” 	Insurance 
	 	  		

	Exhibit “F” 	Employment Matters 
	 	  	  	 	  
	 	 	

	Schedule “C”: 	Drilling title opinion (June 15, 2011) 
	 	  	 	  
	 	 	

	Schedule “D”: 	AFE, the first well of the Exploration Phase  
	 	  	 	  
	 	 	

	Schedule “E”: 	AFE, additional drilling of the Exploration
      Phase (June 15, 2011) 
	 	  	 	  
	 	 	

	Schedule “F”: 	Escrow Agreement 

2.00 LEASES

2.01 Longshot owns the Leases as set out in the Exhibit “B” to
the Schedule “A”.

2.02 Longshot agrees to assign the Leases to Uniontown
according to the terms and conditions as set out in this Agreement.

2.03 Uniontown agrees to acquire the assignments of the Leases
according to the terms and conditions as set out in this Agreement.

3.00 COVENANTS, REPRESENTATIONS AND WARRANTIES

3.01 Uniontown represents and warrants that:

	 	a. 	
      It is a corporation duly incorporated and in good
      standing under the laws of its jurisdiction;

	 	 	 
	 	b. 	
      It has the full right, power, capacity and authority to
      enter into, execute and deliver this Agreement and to be bound by its
      terms;

	 	 	 
	 	c. 	
      All requisite corporate acts and proceedings as may be
      applicable have been done and taken by it with respect to entering into
      this Agreement; and

	 	d. 	
      The execution and delivery of this Agreement and the
      performance of the rights and obligations arising hereunder do not and
      will not conflict with the terms of their constating instruments or with
      any agreement or other instrument or regulatory provision by which it is
      bound.

3.02 Longshot represents and warrants that:

	 	e. 	
      It is a corporation duly incorporated and in good
      standing under the laws of its jurisdiction;

	 	 	 
	 	f. 	
      It has the full right, power, capacity and authority to
      enter into, execute and deliver this Agreement and to be bound by its
      terms;

	 	 	 
	 	g. 	
      All requisite corporate acts and proceedings as may be
      applicable have been done and taken by it with respect to entering into
      this Agreement; and

	 	 	 
	 	h. 	
      Without warranty of title, that it owns the Leases as set
      out in Exhibit “B” to the Schedule “A” to the
Agreement;

3.03 Longshot covenants that it shall continue to carry on its
business in the manner in which such business has been ordinarily carried on
prior to the Effective Date and will maintain the protection of the Leases and
any business relationships for the duration of the Agreement.

4.00 OPERATING AGREEMENT

4.01 The Parties shall enter into an operating agreement (the
“Operating Agreement”), the form of which is set out in the Schedule "B"
naming Longshot as an operator (the “Operator”).

4.02 This Operating Agreement shall apply to any well drilled
under the terms of this Agreement on the Project Properties.

5.00 WELL EXPLORATION AND RESERVOIR ENGINEERING
FUNDING

5.01 For the purposes of well exploration and reservoir
engineering (the “Exploration Phase”) Uniontown shall provide the
following funds (the “Exploration Funds”) to Longshot:

	 	(a) 	
      $200,000 on or before May 31 2011;

	 	 	 
	 	(b) 	
      $150,000 on or before June 15, 2011; and

	 	 	 
	 	(c) 	
      The balance on or before August 15, 2011 as per AFE as
      set out in section 5.02(b).

5.02 Longshot shall deliver to Uniontown:

	 	(a) 	
      on or before May 31, 2011:

	 	 	 	 
	 		(i)
      AFE for the drilling of the first well (Schedule “D” to
    this Agreement);
	 	 	 	 
	 	(b) 	
      on or before June 15, 2011:

	 	 	 	 
	 		(i)
      the Drilling Title Opinion, Schedule “C” to this
    Agreement; and

(ii) AFE for the additional drilling
of 4 production wells and 1 water source well on the Project Properties,
Schedule “E” to this Agreement. The AFE is estimated not to exceed $1,000,000.
The additional drilling is scheduled to start on August 15, 2011.

6.00 PILOT PROJECT FUNDING

6.01 On or before July 15, 2011 Longshot shall provide
Uniontown with a budget for the funding for the steam operation pilot project
(the “Pilot Project”). This budget is estimated not to exceed $1,500,000
(the “Pilot Project Funds”). 

6.02 Union Town shall have up to 8 month starting the date of
receipt of the budget to provide these Pilot Project Funds. 

7.00 EXPENSES

7.01 Upon execution of the Letter of Intent Uniontown paid to
Longshot the amount of $275,000.00 as expense reimbursement in regard to the
acquisition and maintenance of the Leases.

7.02 Upon execution of the Agreement Uniontown shall provide to
Longshot any and all amounts to cover any and all required bonds and insurance
in regard to the Leases.

8.00 PAYMENTS

9.01 It is agreed by the Parties that any and all payments by
Uniontown to Longshot provided for in this Agreement shall be paid by Uniontown
into trust account of Holmes & Company and it is agreed by the Parties that
the funds shall be released by Holmes & Company to Longshot upon provision
by Uniontown to Holmes & Company in the form acceptable to Holmes &
Company the instructions to release the funds to Longshot.

9.00 ACQUISITION OF INTEREST 

9.01 If the Exploration Funds are not provided or the Expenses
are not paid by Uniontown, the Agreement shall be at an end and Uniontown shall
forfeit any and all funds paid by it under the Agreement to date and any and all
right to any and all interest in the Leases.

9.02 If the Exploration Funds are provided and Expenses are
paid by Uniontown and released by Holmes & Company to Longshot under
Article 8.00 Uniontown shall earn 25% of the interest in the Leases,
which shall entitle Uniontown to 25% working interest subject to 75% net revenue
interest earned on the Project Properties (the “25% Interest”).

9.03 Uniontown shall not encumber the 25% Interest in any way,
including but not limited to by mortgage, lien or pledge as security.

9.04 Once Uniontown earns the 25% Interest and decides not to
provide any further funds, Uniontown forfeits any control over the development
of the Project Properties by Longshot. 

9.05 If all the funds, the Expenses, the Exploration Funds and
the Pilot Project Funds, are provided by Uniontown and released by Holmes &
Company to Longshot under Article 8.00, Uniontown shall earn 100%
interest in the Leases, which shall entitle Uniontown to 85% working interest
before the Payout and a 70% working interest after the Payout subject to 75% net
revenue interest earned on the Project Properties. 

9.06 Upon earning by Uniontown of 100% of the Leases the
Assignment Documents shall be released by the Escrow Agent in accordance with
the terms and conditions of this Agreement and the Escrow Agreement. Uniontown
shall record assignments only after the Assignment Documents are released to
Union Town by the Escrow Agent.

9.07 The assignment by Longshot of the Leases under this
Agreement shall be free and clear of any title defects, encumbrances or burdens,
including overriding royalty interests by, through or under the assignor that
would reduce the net revenue interest in the Leases to less than 75%, in each
case proportionately reduced to the Uniontown's working interest, but otherwise
shall be made without warranty of title, either express or implied.

10.00 FUTUTRE EXPENSES

10.01 Upon final assignment to Uniontown of 25% or 100% of the
interest in the Leases, as the case may be, Uniontown shall pay pro rata
portion, 25% and 100% respectively, of all the costs and expenses associated
with maintenance of the Leases and any projects carried out on the Project
Properties.

10.02 If at any time Uniontown shall not pay its portion of the
costs and expenses as set out in section 10.01 Agreement shall be at an
end and Uniontown shall forfeits its earned interest in the Leases. 

11.00 PROPERTIES AND INTEREST SUBJECT TO THIS
AGREEMENT

11.01 Properties subject to this Agreement are any and all
properties within the AMI that may be acquired by the Parties.

11.02 If during the term of this Agreement either Party
purchases or in any other manner acquires oil, gas, and/or mineral lease or
leases or mineral interests or any interest on, in, or covering or affecting any
of the lands located within the AMI (the “Newly Acquired Property”), such
property shall be subject to this Agreement.

11.03 The Party purchasing or otherwise acquiring the Newly
Acquired Property (the “Acquiring Party”) shall, within thirty (30) days
after the date of the purchase or acquisition, deliver to the other Party a
written notice setting forth the details concerning the purchase or acquisition,
including the amount of consideration paid or agreed to be paid for such Newly
Acquired Property. This notice should include all available title information
concerning the Newly Acquired Property. The Party notified shall have the
option, which may be exercised only by written notice delivered to the Acquiring
Party within twenty (20) days after receipt of the Acquiring Party notice, to
acquire an interest in the Newly Acquired Property. On exercising the option,
the notified Party shall, within thirty (30) days, pay to the Acquiring Party
the proportionate share of the cost of the purchase or acquisition of the Newly
Acquired Property, which property shall then become a part of the Contract
Properties. The cost of Newly Acquired Property shall include all delay rentals,
which may become due under the terms of any lease acquired.

If the option is not exercised within the time and in the
manner provided for above, the notified Party shall have no interest in the
Newly Acquired Property with respect to which the option was not exercised and
that property shall no longer be subject to the terms of this Agreement.

11.04 For greater certainty:

	 	(a) 	
      If the Newly Acquired Property is acquired by Longshot,
      Uniontown in order to exercise the option and add that Newly Acquired
      Property to the Project Properties shall pay 100% of the cost of the
      acquisition of such Newly Acquired Property. If the Newly Acquired
      Property is acquired by Uniontown, it is automatically added to the
      Project Properties without any payment by Longshot;

	 	 	 
	 	(b) 	
      If the Acquiring Party is Longshot, it shall execute an
      assignment of the interest in the Newly Acquired Property on which the
      option has been exercised to the Escrow Agent to be dealt with in the same
      manner as with Project Properties and as set out in Article 9. If
      the Newly Acquired Property is acquired by Uniontown, it is automatically
      added to the Project Properties without any assignment to
  Longshot.

11.05 The Parties agree that all subsequent wells drilled on
the leases acquired within AMI shall be subject to the terms of this Agreement
and the terms of the Operating Agreement attached hereto as Schedule “B”.

11.06 In the event either Party (the “Selling Party”)
should decide to dispose of all or any part of its interests in the Project
Properties or any renewals or extensions thereof (the “Transferable
Interest”), the Selling Party shall first notify the other Party (the
“Other Party”) and the Other Party shall have the right to acquire the
Transferable Interest on the terms and conditions offered by the Selling Party
(the “Offer”). The Other Party shall within 60 days notify the Selling
Party whether it accepts or declines the Offer. In the event the Other Party
declines the Offer or does not notify the Selling Party on its decision within
60 day period, the Selling Party shall be free to sell the Transferrable
Interest to 3rd parties, provided the terms and conditions of the
sale are the same as those of the Offer. If the terms and conditions differ from
the ones of the Offer, this section applies again and the Selling Party shall
make such new offer to the Other Party first. In the event the Other Party
accepts the Offer, the closing of the purchase pursuant to the Offer shall be
within 30 days of the acceptance of the Offer by the Other Party. This
section 11.06 shall remain in force and effect for 2 years after the Term
of this Agreement.

12.00 PRODUCTION IN KIND

12.01 Each Party shall have the right and option for taking any
part of production “in kind” to separately market its share of production to
which it may be entitled or may become entitled to take in kind or separately
market under the terms of this Agreement. The right and option to taking in kind
may be exercised at any time and from time to time so long as there is
production from the Contract Area.

13.00 TERM

13.01 This Agreement shall be for a term (the “Term”)
commencing on the Effective Date and shall continue in force, except as
otherwise provided, for a period of the longer of:

	 	(a) 	
      2 years; or

	 	 	 
	 	(b) 	
      The date, on which all operations then being conducted by
      the terms of this Agreement have been completed and all obligations of the
      Parties provided for in this Agreement have been fully
  discharged.

13.02 The Term may be extended for one year periods by either
Uniontown or Longshot proposing and drilling a minimum of one well per year.

14.00 NOTICES

14.01 Unless otherwise provided, all notices and communications
to be given under the terms of this Agreement shall be delivered by U.S. Mail,
or facsimile, addressed to the respective Parties as follows:

	To Longshot Oil, LLC 
	               
                         
                         
                         
                         
                         
           1011 South Jefferson 
	               
                         
                         
                         
                         
                         
           Spokane, WA 99204, USA 
	               
                         
                         
                         
                         
                         
           Attn: Glen Landry 
	               
                         
                         
                         
                         
                         
           glenlandry888@msn.com 
	  
	To Union Town Energy Inc. 
	               
                         
                         
                         
                         
                         
           1859 Whitney Mesa Dr., 
	               
                         
                         
                         
                         
                         
           Henderson, NV 89014, USA 
	               
                         
                         
                         
                         
                         
           Attn: Darren Stevenson 
	               
                         
                         
                         
                         
                         
           Darrenrstevenson2010@gmail.com

14.02 Unless otherwise specified in the notice, the date and
time of a notice shall be the date and time at which the written E-mailed or
faxed notice is delivered to the Party to whom it is addressed.

14.03 Each Party may change its address by notice to the other
Party.

14.04 No transfer of any interest pursuant to the terms of this
Agreement shall be effective until the transferor or transferee (after complying
with all other requirements of this Agreement) notify all other Parties of the
address and designated representative of the transferee.

15.00 FORCE MAJEURE

15.01 The obligations of each Party, except for the payment of
money, shall be suspended while, but only for so long as, a Party is prevented
from complying with an obligation in whole or in part, by strikes, lockouts,
acts of God, unavoidable accidents, uncontrollable delays in transportation,
inability to obtain necessary materials in open markets, inadequate facilities
for the transportation of materials, or as a result of any order, requisition,
or necessity of the government, or other matters beyond the reasonable control
of a Party, whether similar to the matters specifically enumerated above or not;
provided, however, that performance shall be resumed within a reasonable time
after the cause of force majeure has been removed; and provided further that no
Party shall be required, against its will, to settle any labor dispute.

16.00 MISCELLANEOUS

16.01 Laws and Regulations: The terms of this
Agreement and all operations conducted under it shall be subject to all valid
laws, rules, regulations, and orders of any regulatory body having jurisdiction,
and be governed by the laws of the State of Montana.

16.02 Binding Agreement: This Agreement shall be
binding on the Parties and their respective heirs, successors and assigns.

16.03 Assignment: This Agreement cannot be
assigned without written consent by the non-assigning party.

16.04 Captions and Titles: The captions and
titles used in this Agreement shall not be construed as adding meaning to the
subject matter of this Agreement, but are used only for reference and
convenience.

16.05 Enurement: This Agreement shall enure to
the benefit of the Parties and their respective heirs, devisees, legal
representatives, successors, and assigns.

16.06 Counterparts: This Agreement may be
executed in any number of counterparts, each of which shall be considered an
original for all purposes, and all counterparts together shall be deemed one and
the same Agreement.

16.07 Currency: All the monetary amounts shall be
in the currency of the United States unless otherwise stated.

     IN WITNESS WHEREOF this agreement
has been executed as of the day and year first above written.

	THE CORPORATE SEAL OF 	) 	  
	LONGSHOT OIL, LLC 	) 	  
	was affixed hereto in the presence of: 	) 	  
	  	) 	  
	/s/
      signed 	) 	c/s 
	Authorized Signatory 	) 	  
	  	  	  
	  	  	  
	  	) 	  
	THE CORPORATE SEAL OF 	) 	  
	UNION TOWN ENERGY INC. 	) 	  
	was affixed hereto in the presence of: 	) 	  
	  	) 	  
	/s/
      signed 	) 	c/s 
	Authorized Signatory 	) 	  

    

    
     

    

    
    
     

    

    
    
    

    

    
    
     

    

    
     

    

    
    
     

    

    
    
     

    

    
    
     

    

    
    
     

    

    
    
     

    

    
    
     

    

    
    
     

    

    
    
     

    

    
    
     

    

    
    
     

    

    
    
     

    

    
    
     

    

    
    
     

    

    
    
     

    

    
    
     

    

    
    
     

    

    
    EXHIBIT “A”

    Attached to and made a part of that certain Joint Operating
      Agreement by and between Longshot Oil, LLC, as Operator and UnionTown Energy
      Inc., as Non-Operator dated May 30, 2011, covering the Teton Prospect, Chouteau
      County, Montana

    	A. 	LANDS SUBJECT TO THIS AGREEMENT:

	 	 
		Township 24 North, Range 7 East and 8 East 

          Sections 1
          through 30

	 	 
	B. 	RESTRICTIONS AS TO DEPTHS AND FORMATIONS:

	 	 
		There are no depth restrictions

	 	 
	C. 	PARTIES TO THIS AGREEMENT:

	 	 
		Longshot Oil, LLC 

          Attn: Glen M. Landry 

          1011 S
          Jefferson 

          Spokane, WA 99204 

          509-455-5942 

          glenlandry888@msn.com

	 	 
		UnionTown Energy Inc. 

          1859 Whitney Mesa Dr. 

          Henderson, NV 89014 

          702-583-5533 ext. 803 

          corporate@uniontownenergy.comUniontown Energy Inc.: Exhibit 10.2 - Filed by newsfilecorp.com

ESCROW AGREEMENT

THIS AGREEMENT dated for reference the
30th day of May, 2011.

AMONG:

LONGSHOT OIL, LLC, of
1011 S. Jefferson, Spokane, 
WA 99204, USA.

(“Longshot”)

OF THE FIRST PART

AND:

UNIONTOWN ENERGY INC.,
of 1859 Whitney Mesa Dr., 
Henderson, NV 89014.USA

(“Uniontown”)

OF THE SECOND PART

AND:

HOLMES & COMPANY ,
Barristers and Solicitors, 
with business offices at1880 – 1066 West Hastings
Street, 
Vancouver, British Columbia, V7Y 1B6.

(the “Escrow Holder”)

OF THE THIRD PART

WHEREAS:

A.          
By an Exploration Agreement dated May 30, 2011 complete with Schedules and
Exhibits (the “Exploration Agreement”) entered into among Longshot and
Uniontown, Longshot and Uniontown agreed to conduct joint exploration
operations, including the drilling of exploratory or development wells, for the
discovery of and for the production of oil and/or gas in the area in Chouteau
County, Montana.

B.          
In order to facilitate the dealings of the parties under the Exploration
Agreement Longshot and Uniontown agreed to deposit the Escrow Documents (as
defined below) with the Escrow Holder to be held by the Escrow Holder in
accordance with the terms and conditions of the Exploration Agreement and this
Escrow Agreement;

2

C.          
Longshot, Uniontown and the Escrow Holder have entered into this agreement
pursuant to the terms of the Exploration Agreement as a security for deliveries
by Longshot and Uniontown during the term of the Exploration Agreement.

              THEREFORE
THIS AGREEMENT WITNESSES that, in consideration of the mutual covenants,
agreements, and obligations herein contained, the parties hereto declare and
agree as follows:

1.00          
ESCROW DOCUMENTS 

1.01          
It has been delivered to the Escrow Holder and the Escrow Holder hereby
acknowledges receipt of the items and documents as follows:

Fully executed and notarized oil and gas lease assignment for
the lands located in Chouteau County, Montana by Longshot as set out on the
Exhibit B, Leases, to the Schedule A to the Exploration Agreement,
Assignment, to Uniontown Energy Montana, LLC, which will be held by the
Escrow Holder in escrow, subject to the terms and conditions of this agreement,
which items and documents, together with such other documents as may from time
to time be delivered to the Escrow Holder pursuant to this agreement, are
hereinafter called the “Escrow Documents”.

2.00          
DELIVERY OF ESCROW DOCUMENTS

2.01          
The Escrow Holder will hold the Escrow Documents in escrow and undelivered and
will deliver the Escrow Documents upon the following:

		(a) 	
      Uniontown will deliver to the Escrow Holder a Statutory
      Declaration signed by its Chief Executive Officer, Mr. DARREN STEVENSON,
      stating that Uniontown has performed the acts, required in order for the
      Escrow Documents to be released to Uniontown pursuant to the terms and
      conditions of the Exploration Agreement (the “Performance”) in the
      form attached hereto as Schedule “A”;

	 	 	 	 
		(b) 	
      The Escrow Holder then will forward forthwith such
      Statutory Declaration to Longshot;

	 	 	 	 
		(c) 	
      Longshot within 5 business days will deliver a Statutory
      Declaration in the form attached hereto as Schedule “B” to the
      Escrow Holder attesting to the following:

	 	 	 	 
			(i) 	
      The Performance by Uniontown is satisfactory to Longshot
      and the Escrow Agent shall release the Escrow Documents; or

	 	 	 	 
			(ii) 	
      The Performance of Uniontown is not satisfactory to
      Longshot and the Escrow Agent shall not release the Escrow
    Documents;

	 	 	 	 
		
      (d) 
	
      In the event Longshot is not responding within 10
      business days, the Escrow Holder will release the Escrow Documents to
      Uniontown.

3

3.00          
EFFECT OF DELIVERY OF ESCROW DOCUMENTS 

3.01          
If the specified items of the Escrow Documents are released to Uniontown under
the provisions of Paragraph 2.01(d) hereof, all of the rights of Longshot to
such items of the Escrow Documents shall be settled and cannot be contested.

4.00          
EFFECT OF DISPUTE 

4.01          
In the event that there is a dispute between Longshot and Uniontown regarding
the release by the Escrow Holder of any and all of the Escrow Documents, the
Escrow Holder will hold these particular items of the Escrow Documents until
instructed by mutual direction of Longshot and Uniontown as to the delivery of
the Escrow Documents or a final determination has been made in any court action
relating to the Exploration Agreement or the Escrow Documents and the Escrow
Holder is directed to deliver the Escrow Documents in accordance with a court
order in such action.

5.00          
NOTICE OF DISPUTE 

5.01          
The Longshot and Uniontown, or either of them, when a plaintiff or applicant in
any action or actions relating to Exploration Agreement or the Escrow Documents,
will cause a copy of the relative originating application or process to be
served on the Escrow Holder as well as on the other parties to this
agreement.

6.00          
DELIVERY OF NOTICE 

6.01          
Any notice, payment, direction or other instrument or communication
(collectively, a “Communication”) required or permitted to be given under
this agreement will be in writing and must be given by delivery, telecopy,
facsimile or email addressed to the party to whom it is required to be given at
the address set forth on page 1 of this agreement as well as follows:

	Longshot 	Attn: Glen Landry 
	  	Glenlandry888@msn.com 
	  	  
	Uniontown 	Attn: Darren Stevenson 
	  	Darrenrstevenson2010@gmail.com 
	  	  
	Holmes & Company 	Attn: Alina Nikolaeva 
	  	alina@holmescompany.com 

Any party may at any time give notice in writing of any change
of address of the party giving the notice and from and after the giving of the
notice, the address specified in the notice will be deemed to be the address of
the party for the purposes of delivery of any Communication. A Communication
will be deemed to have been received at the time it is physically or
electronically sent, telecopied or faxed in accordance with this Paragraph 6.01
hereof.

4

7.00          
RESPONSIBILITY OF ESCROW HOLDER 

7.01          
The Escrow Holder will not be responsible for the form, genuineness, validity,
sufficiency or effect of the Escrow Documents or any part of it at any time, or
for the act of any person or corporate entity which may render the Escrow
Documents or any part of it null and void, or the failure of any of the parties
to the Exploration Agreement to perform acts or payments under the Exploration
Agreement when due and/or payable, or for any delay occasioned by reason of any
restriction, ruling or provision with respect to Longshot or Uniontown, the
Escrow Documents or any part of it or the Exploration Agreement, or if, for any
reason whatsoever, any of the parties to the Exploration Agreement should be in
breach of its provisions.

8.00          
LIABILITY OF ESCROW HOLDER FOR LOSS 

8.01          
The Escrow Holder, provided it acts in good faith, will not be held liable for
any loss with respect to the Exploration Agreement except for a loss caused by
its own dishonesty, gross negligence or wilful breach of trust.

8.02          
The Escrow Holder shall have no responsibility in respect of loss of the Escrow
Documents except the duty to exercise such care in the safekeeping thereof as it
would exercise if the Escrow Documents were the property of the Escrow Holder.
The Escrow Holder may act herein on the advice of counsel but will not be
responsible for acting or failing to act on the advice of counsel.

8.03          
The parties agree that the Escrow Holder will not be obliged to look behind or
verify the contents of and will assume that all the signatures are genuine on
any Statutory Declaration therein delivered to it by any party to this Escrow
Agreement and will not be liable for any loss, risk or damage suffered by any
party hereto or any other party whatsoever, provided it has acted in accordance
with the provisions of this agreement and on the terms and conditions herein in
reliance on such Statutory Declaration.

8.04          
The Escrow Agent shall act only in a capacity of an escrow agent under this
Escrow Agreement and the Escrow Agent shall not provide legal advice in relation
to it neither to Uniontown nor to Longshot.

8.05          
Uniontown and Longshot either obtained independent legal advice or waived it in
connection therewith before entering into this Escrow Agreement.

9.00          
CHANGE OF ESCROW HOLDER 

9.01          
Uniontown and Longshot may at any time, during the currency of this agreement,
appoint another person, firm or corporation to act as Escrow Holder in addition
to or in substitution for the existing Escrow Holder and the words “Escrow
Holder”, whenever used throughout this Escrow Agreement, will include the Escrow
Holder originally appointed and any additional Escrow Holder appointed in
accordance with the provisions of this Paragraph 9.01 hereof.

5

10.00          
PAYMENT OF ESCROW HOLDER 

10.01          
Longshot and Uniontown will pay, in equal parts as between them, the fixed
amount of $2,000.00 as fees of the Escrow Holder in connection with the
performance of its duties hereunder. The payment will be due upon execution of
this Escrow Agreement.

10.02          
In the event that the conditions of this Escrow Agreement are not fulfilled, the
Escrow Holder renders any material service not contemplated by this Escrow
Agreement, there is any material modification of the Escrow Agreement, any
material controversy arises hereunder, or the Escrow Holder is made a party to
or justifiably intervenes in any litigation pertaining to this Escrow Agreement
or the subject matter hereof, Longshot and Uniontown shall compensate the Escrow
Holder for such extraordinary expenses, including reasonable attorneys’ fees,
and in regard to provision of the professional services by the Escrow Holder
that are not contemplated by this Escrow Agreement Longshot and Uniontown shall
pay to the Escrow Holder a fee at a normal professional hourly rates of the
Escrow Holder in effect at the time of provision of such services.

11.00          
INDEMNITY OF ESCROW HOLDER 

11.01          
Longshot and Uniontown, jointly and severally, will indemnify and save harmless
the Escrow Holder of and from all claims, demands, damages, losses and expenses
arising out of the performance by the Escrow Holder of its duties hereunder.

11.02          
Longshot and Uniontown further agree, without restricting the foregoing
indemnity that, in the event that proceedings may hereafter be taken in any
court respecting the matters referred to in this Escrow Agreement, the Escrow
Holder will not be obliged to defend any such action or submit its rights to the
court unless the Escrow Holder has been indemnified by good and sufficient
security in addition to the indemnity hereinbefore given against the Escrow
Holder’s costs of such proceedings.

12.00          
DISCHARGE OF ESCROW HOLDER 

12.01          
In the event the Escrow Holder wishes to discharge its obligations hereunder
other than in a manner provided herein, it may at any time, without further
permission to be granted from the parties hereto, apply to the Supreme Court of
British Columbia for an order for delivery into court of the Escrow Documents
held by him pursuant to the terms of this Escrow Agreement, and the court may,
on such notice as it thinks necessary, if any, make an order accordingly, and
the application may, in the first instance be made ex parte, and delivery of the
Escrow Documents into court will discharge the Escrow Holder from all further
liabilities and obligations hereunder.

6
13.00          
GENERAL 

13.01          
Enurement 

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

13.02          
Time

                   
Time is of the essence of this agreement.

13.03          
Counterpart

                   This
agreement may be executed in several parts in the same form and such parts as so
executed will together form one original agreement, and such parts if more than
one will be read together and construed as if all the signing parties hereby had
executed one copy of this agreement.

13.04          
Governing Law

                 
  This agreement will in all respects be governed by and be construed
in accordance with the laws of the Province of British Columbia.

13.05          
Further Documents 

                  
 The parties hereto will execute and deliver all such further documents and
instruments and do all such further acts and things as may be reasonably
required to carry out the full intent and meaning of this agreement.

                 
  IN WITNESS WHEREOF the parties hereto have executed this agreement
as of the date set out on page 1 of this agreement.

	THE CORPORATE SEAL OF 	) 	  
	LONGSHOT OIL, LLC 	) 	  
	was affixed hereto in the presence of: 	) 	  
	  	) 	  
	/s/
      signed 	) 	           
             c/s 
	Authorized Signatory 	) 	  
	  	) 	  
	THE CORPORATE SEAL OF 	) 	  
	UNIONTOWN ENERGY INC. 	) 	  
	was affixed hereto in the presence of: 	) 	  
	  	) 	  
	/s/
      signed 	) 	           
             c/s 
	Authorized Signatory 	) 	  
	  	) 	  
	SIGNED, SEALED AND DELIVERED 	) 	  
	by HOLMES & COMPANY 	) 	/s/
      signed 
	as Escrow Agent 	) 	HOLMES & COMPANY

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