Document:

EXHIBIT 10.1

                                    Agreement

NOW ON this 15th day of April, 2004, this Agreement is by and between WYOMING
OIL & MINERALS, INC., a Wyoming corporation (WOM), BLUE STAR ACID SERVICE, INC.,
a Kansas corporation (SELLER), and CONSOLIDATED OIL WELL SERVICES, INC., a
Kansas corporation (BUYER).

WHEREAS, WOM is the sole shareholder of SELLER; SELLER is engaged in the
business of servicing oil and gas wells in Kansas and Oklahoma; SELLER has
agreed to sell, and BUYER has agreed to purchase, all of the hereinafter
described property and assets of SELLER on the terms set forth herein.

NOW THEREFORE, FOR ONE DOLLAR AND OTHER GOOD AND VALUABLE CONSIDERATION, the
receipt and sufficiency of which is acknowledged, the parties enter into the
following agreement:

1.   THE PROPERTY

1.1  SELLER hereby agrees to sell, assign, transfer and convey to BUYER, and
     BUYER hereby agrees to purchase from SELLER, all SELLER assets, operations,
     real estate, personal property, machinery and tools, vehicles, equipment,
     inventory and supplies, accounts, accounts and notes receivable, all
     leases, contract rights, licenses, permits, customer lists and rights of
     any kind and nature, including the names and marks of SELLER, telephone
     numbers and listings, and goodwill, as more fully described on the attached
     Exhibit `A' list of real and personal property and Exhibit `B' list of
     accounts receivable, all of which is hereinafter referred to as the
     'property'.

1.2  SELLER shall convey the real estate to BUYER by Special Warranty Deed, and
     shall convey the other property and accounts receivable to BUYER by Bill of
     Sale and Assignment, copies of which are attached hereto. SELLER shall
     promptly execute such other documents, at the request of BUYER, as may be
     necessary to implement the terms of this Agreement and approved by counsel
     for SELLER, including, but not limited to, certificates of title to all
     vehicles.

1.3  BUYER agrees to accept the property in its present condition, "as is, where
     is," with no warranty of any kind with regard to the condition of the
     property or fitness for any particular purpose. BUYER has inspected the
     property prior to executing this Agreement and hereby represents and
     warrants that it has not relied on SELLER or WOM for any information about
     the condition of the property.

2.   PURCHASE PRICE

     BUYER shall pay SELLER the total sum of $1,200,000 for the property,
     subject to the adjustments and prorates noted hereinafter, by cash,
     certified check or wire transfer at the time of closing. The purchase price
     shall be allocated as follows:

                                                                               1
<PAGE>

                                      Real Estate:         $  45,750

                             Inventory & Supplies:         $  20,000

                      Vehicles, Equipment & Tools:       $ 1,029,250

                              Accounts Receivable:         $ 105,000

3.   BLUE STAR DEBTS & LIABILITIES

3.1  In addition to the purchase price described in Section 2, BUYER shall
     assume and pay or otherwise satisfy certain SELLER current (not over 30
     days past invoice date) normal trade debt payables that are listed on the
     attached Exhibit `C' up to the amount stated on Exhibit `C,' any trade
     payable that arise in the ordinary course of business since April 9, 2004,
     the BLUE STAR operating loan at Home Bank & Trust Co., Eureka, Kansas, in
     the principal amount of $98,631.01, plus interest, and the mortgage loan
     relating to the real property in the principal amount of $25,382.03 plus
     interest as reflected by the Promissory Notes and Loan Documents attached
     Exhibit C-1. BUYER agrees to execute and deliver to SELLER at closing an
     assumption agreement with regard to these debts and liabilities in the form
     attached hereto as Exhibit "D" and incorporated herein by reference.

3.2  SELLER shall pay or otherwise satisfy, and shall indemnify and hold BUYER
     harmless from, all BLUE STAR debts and liabilities not listed or in excess
     of the amounts stated on Exhibit `C'. A listing of other BLUE STAR debts
     and liabilities not being assumed by BUYER is set forth on the attached
     Exhibit `E'.

4.   REPRESENTATIONS & WARRANTIES

4.1  SELLER represent and warrant that:

     (a)  SELLER has good and merchantable title to the property, free and clear
          of all liens and encumbrances;

     (b)  all documents and records provided to BUYER by SELLER pertaining to
          the property, accounts receivable, and the trade payables and Home
          Bank & Trust Co. operating loan, are true, accurate and complete;

     (c)  the accounts listed on Exhibit `B' are valid, existing debts owed to
          SELLER and the amounts listed are due, owing and unpaid and not
          contingent or, to the knowledge of SELLER, uncollectable, and to the
          knowledge of SELLER, the account debtor is not now in bankruptcy nor
          has discharged the debt in bankruptcy, unless so indicated on Exhibits
          `B' or `F';

     (d)  SELLER is a corporation in good standing in the state of Kansas with
          full power and authority to engage in business in Kansas and Oklahoma;

     (e)  the sale to Buyer and this Agreement has been approved by the Board of
          Directors of SELLER, and the undersigned SELLER officers have been
          authorized and directed to execute this Agreement and the Warranty
          Deed and Bill of Sale and Assignment;

                                                                               2
<PAGE>
     (f)  SELLER has complied in all material respects with their respective
          Articles of Incorporation and Bylaws, and all applicable laws,
          regulations and rules, all judgments, writs, injunctions and decrees
          of federal, state and municipal governments or any department, agency
          or other instrumentality thereof, applicable to their respective
          business or property and the sale to BUYER hereunder;

     (g)  SELLER has obtained and maintained all permits and licenses necessary
          for the operation of business, and is not in violation of any such
          permit or license;

     (h)  there are no pending lawsuits or pending or known potential claims in
          respect to SELLER or the property or the accounts receivable, except
          as stated on the attached Exhibit `F'; and

     (i)  SELLER has not unlawfully stored, treated, disposed of, or transported
          Hazardous Substances on or in the property, and SELLER has no
          knowledge of the presence of any unlawful Hazardous Substances in or
          on the property. For purposes of this Agreement, the term "Hazardous
          Substances" shall be interpreted broadly to include, but not be
          limited to, substances designated as hazardous under the Resource
          Conservation and Recovery Act, 42 U.S.C. 6901, et seq. the Federal
          Water Pollution Control Act, 33 U.S.C. 1257, et seq., the Clean Air
          Act, 42 U.S.C. 2002, et seq., or the Comprehensive Environmental
          Response Compensation and Liability Act of 1980, 42 U.S.C. 2601, et
          seq., and any applicable State law or regulation. The term shall also
          be interpreted to include but not be limited to any substance which
          after release into the environment and upon exposure, ingestion,
          inhalation or assimilation either from the environment or by ingestion
          through food chains, will or may reasonably be anticipated to cause
          death, disease, behavior abnormalities, cancer and/or genetic
          abnormalities.

4.2  BUYER represents and warrants that:

     (a)  BUYER is a corporation in good standing in the State of Kansas with
          full power and authority to engage in business in Kansas and Oklahoma;

     (b)  BUYER has full right, power and authority to enter into this Agreement
          and to perform its obligations as described herein;

     (c)  This Agreement is the legal, valid and binding obligation of the
          BUYER, enforceable against the BUYER in accordance with its terms; and

     (d)  This Agreement has been approved by the Board of Directors of BUYER
          and all other necessary authority, and the undersigned BUYER officers
          have been authorized and directed to execute this Agreement.

                                                                               3
<PAGE>
5.   INDEMNITY

5.1  From and after the effective date of this Agreement, BUYER shall indemnify
     and hold SELLER, its officers, directors, shareholders, employees, agents,
     successors and permitted assigns harmless from compliance with any local,
     state or federal law or regulation pertaining to the property, and all
     claims, demands and causes of action, including costs, expenses and
     attorney fees, arising out of ownership or operation of the property on or
     after the closing date of this Agreement.

5.2  SELLER and WOM shall indemnify and hold BUYER, its officers, directors,
     shareholders, employees, agents, successors and permitted assigns, harmless
     from compliance with any local, state or federal law or regulation
     pertaining to the property, and all claims, demands and causes of action,
     including costs, expenses and attorney fees, arising out of any of SELLER's
     acts or omissions pertaining to the property or the operations of SELLER
     occurring prior to the closing date of this Agreement.

6.   PROOF OF MARKETABLE TITLE

6.1  BUYER shall upon execution of this Agreement promptly obtain a title
     insurance commitment on the real estate showing marketable title in SELLER
     in the amount of the purchase price allocated to the real estate. The cost
     of this title insurance shall be divided equally between the parties. If
     valid objections are made to marketability of title, SELLER shall have a
     reasonable time in which to satisfy such objections, and if legal
     proceedings are necessary, such proceedings shall be commenced promptly and
     completed in a reasonable time. If necessary, the closing date shall be
     extended for a period not to exceed thirty days to allow SELLER the
     opportunity to cure any defects in title brought to its attention by BUYER.

6.2  BUYER may obtain a UCC and local lien search at its expense and report to
     SELLER the existence of any liens that must be removed in order to convey
     clear title to BUYER. Any liens revealed by this search may be satisfied at
     closing or from the proceeds of sale to be delivered to SELLER at closing.

7.   PROPERTY TAXES

     SELLER shall pay all real estate and personal property taxes and
     assessments which are due and payable against the property for the year
     2003 and all prior years. Taxes for the year 2004 shall be prorated between
     SELLER and BUYER to the date of closing, based on the 2003 tax rate, with
     such adjustment being made from the purchase price at the date of closing.
     BUYER shall pay all taxes and assessments for the years 2004 and
     thereafter.

8.   CARE OF PROPERTY PRIOR TO CLOSING

     Until the closing date, SELLER shall maintain and continue all normal
     SELLER business operations and shall keep and maintain the property in good
     condition and repair and not to allow waste or permit nuisance thereon.
     SELLER shall promptly notify BUYER of any material change in SELLER
     operations or the condition of any property between the date of this
     Agreement and the date of closing. SELLER shall have an affirmative duty to
     promptly update and supplement the disclosures and representations
     hereunder and the attached Exhibits, as necessary, prior to the closing
     date.

                                                                               4
<PAGE>
9.   LIENS

     SELLER shall not allow or permit any mechanic's or materialman's liens to
     attach to the property prior to the date of closing, and shall pay for any
     labor or materials in connection with maintenance and repairs on the
     property that could result in a lien being filed after closing.

10.  NON-COMPETE & CONFIDENTIALITY

10.1 For a period of three (3) years from and after the date of closing, within
     the States of Kansas and Oklahoma, SELLER and WOM shall not, directly or
     indirectly, compete with BUYER in any type of business that was performed
     by SELLER in the one year period prior to the date of this Agreement,
     including, but not limited to, any type of oil or gas well servicing for
     hire or compensation.

10.2 From and after the date of closing, neither SELLER nor WOM shall
     disseminate or disclose to anyone other than BUYER, or use for any purpose,
     any listing of the names of SELLER customers and services performed for
     such customers, nor shall SELLER or WOM use the name "BLUE STAR" without
     the prior written consent of BUYER.

10.3 Violation of this section shall entitle BUYER to injunctive relief and all
     damages proximately resulting from such violation, including costs,
     expenses and attorney fees.

11.  CONDITIONS PRECEDENT TO THE CLOSING

11.1 BUYER's obligations to close the purchase under this Agreement are
     contingent on (i) BUYER securing acceptable financing for the purchase,
     (ii) BUYER and Russell W. McCoy entering into a mutually agreeable
     employment contact and non-competition agreement, (iii) all representations
     of SELLER made hereunder being true, correct and accurate on the closing
     date, and (iv) SELLER executing and delivering at closing all documents
     required hereunder.

11.2 The obligations of SELLER to close the purchase under this Agreement are
     contingent on (i) all representations and warranties of BUYER set forth
     herein being true and correct in all material respects at the closing date
     as if made at that time; (ii) BUYER having performed all covenants and
     conditions required by it to be performed hereunder; and (iii) the
     willingness and ability of BUYER to tender the purchase price for the
     property to SELLER.

11.3 BUYER shall make a good faith attempt to notify SELLER, in writing, prior
     to the closing date in the event a contingency in 11.1 does not occur and,
     in such event, the parties may mutually extend the closing date or either
     party may terminate this Agreement.

                                                                               5
<PAGE>
12.  CLOSING/EFFECTIVE DATE & POSSESSION

12.1 The closing and effective date for this transaction is Tuesday April 20,
     2004, and, subject to satisfaction of the conditions set forth above and
     the tender of the purchase price, BUYER shall be entitled to possession of
     the property from and after the date and time of closing.

12.2 At closing, BUYER shall tender to SELLER the purchase price, and SELLER
     shall deliver to BUYER a fully executed Warranty Deed and Bill of Sale and
     Assignment of all property sold hereunder and such other documents as may
     be necessary to implement the terms of this Agreement.

12.3 The parties agree that the closing shall be accomplished by means of an
     escrow arrangement with a mutually agreeable escrow agent in accordance
     with the terms of Annex 1, attached hereto and incorporated herein by
     reference.

13.  NOTICES

     Any notices required hereunder shall be sent certified mail, return receipt
     requested, or by overnight delivery through Federal Express, UPS or
     Airborne, directed to the parties as follows:

      WYOMING OIL & MINERALS, INC. &  BLUE STAR ACID SERVICE, INC.
      Attention: Bill Conrad, President
      5525 Erindale Drive, Suite 201, Colorado Springs, Colorado   80918
      FAX  719-260-8516
               With a copy to counsel:   David Babiarz
                                         Attorney at Law
                                         Dufford and Brown PC
                                         1700 Broadway, Suite 1700
                                         Denver, Colorado  80290
                                         FAX  303-832-3804

      CONSOLIDATED OIL WELL SERVICES, INC.
      Attention:  Steve Stanfield, President
      211 West 14th Street, Chanute, Kansas 66720
      FAX 620-431-0012
               With a copy to counsel:   Kurt F. Kluin
                                         Attorney at Law
                                         Kluin & Bolt, LLC
                                         P.O. Box G,  105 South Highland,
                                         Chanute, Kansas 66720
                                         FAX 620-431-1602
                                         E-mail kurtk@kluinlaw.com

                                                                               6
<PAGE>
14.  EXPENSES & FEES

14.1 Each party shall pay their own costs, expenses and fees in connection with
     this Agreement and the closing of the transaction.

14.2 Neither party has employed a broker or realtor in connection with this
     transaction.

15.  SURVIVAL

     All representations, warranties and covenants of the parties shall survive
     the execution and consummation of this Agreement.

16.  CHOICE OF LAW & VENUE

     This Agreement has been made at Chanute, Neosho County, Kansas, and shall
     be construed under the laws of the State of Kansas. The sole and exclusive
     venue for any action arising out of this Agreement is the District Court of
     Neosho County, Kansas.

17.  INTERPRETATION

     This Agreement is the result of joint negotiations and efforts in drafting,
     and nothing herein shall be construed against either party simply as a
     result of such party being the draftsman of this Agreement.

18.  ENTIRE AGREEMENT

     This document constitutes the entire agreement and understanding of the
     parties. The February 20, 2004, Non-Disclosure Agreement between the
     parties is merged into this Agreement.

19.  AMENDMENT & WAIVER

     This Agreement may not be amended, altered or modified, and no term or
     condition herein shall be deemed waived or released, except by written
     agreement signed by the parties.

20.  SEVERABILITY

     In the event any term or condition of this Agreement is deemed
     unenforceable for any reason, such provision shall not invalidate the
     remaining portions of this Agreement.

21.  MISCELLANEOUS

21.1 Time is of the essence under this Agreement.

21.2 The terms of this Agreement shall extend to and be binding upon the heirs,
     executors, administrators, trustees, successors and assigns of the parties.

21.3 Headings in this Agreement are for convenience only and shall not be
     considered in interpreting this Agreement.

                                                                               7

<PAGE>
IN WITNESS WHEREOF, the parties have hereunto set their hand effective the date
first above written.

WYOMING OIL & MINERALS, INC.

/s/ Bill M. Conrad                                       04/19/04
---------------------------------                    ------------------
Bill M. Conrad                                             date
President

BLUE STAR ACID SERVICE, INC.

/s/ Russell W. McCoy                                      04/19/04
---------------------------------                    ------------------
Russell W. McCoy                                           date
President

CONSOLIDATED OIL WELL SERVICES, INC.

/s/ Steve Stanfield                                       04/19/04
---------------------------------                    ------------------
Steve Stanfield                                             date
President

                                                                               8
<PAGE>

                                   EXHIBIT `A'
                            to the Agreement between
           WYOMING OIL & MINERALS, INC. & BLUE STAR ACID SERVICE, INC.
                    and CONSOLIDATED OIL WELL SERVICES, INC.

                          ~ Property and Assets Sold ~

All BLUE STAR assets, operations, real estate, personal property, machinery and
tools, vehicles, equipment, inventory and supplies, accounts, accounts and notes
receivable, all leases, contract rights, licenses, permits, customer lists and
rights of any kind and nature, including the names and marks of BLUE STAR,
telephone numbers and listings, and goodwill, including the following:

Real estate (legal description):

         A tract lying in the Northwest Quarter (NW/4) of Section 30, Township
         29 South, Range 18 East, Neosho County, Kansas, described as:
         Commencing at the SE/c NW/4, thence N 00(0)00'00" E, (an assumed
         bearing), 597 feet along the quarter section line to the true point of
         beginning, thence N 89(0)58'25" W, parallel with the South line of said
         NW/4, 577.5 feet (35 rods); thence N 00(0)00'00" E, 294 feet, thence S
         89(0)58'25" E, 577.5 feet to the quarter section line; thence S
         00(0)00'00" W, 294 feet to the point of beginning, containing 3.9
         acres, more or less

 Equipment & Tools (list):

             2    Haliburton wire lines
             2    2" wash heads
             1    5 1/2" rotating cement swivel
             1    4 1/2" rotating cement swivel
             2    Martin Decker 6,000 psi recorders
             1    2" Haliburton Flow meter
             1    Ball injector gun
                 Cement heads
                   2   4 1/2"
                   3   5 1/2"
                   1   7"
                   2   8 5/8"
                   1   10 3/4"
                   1   2 7/8"
             2    60 gallon air compressors (1 @ Eureka shop; 1 @ Thayer shop)
             2    30 ton floor jacks
             1    Miller wire feed welder
             1    Oxygen Acetylene cutting torch
             2    Toyota 4,000 lb fork lifts -- approximately '89 and '90 models
                       (1 @ Eureka and 1 @ Thayer shop)
             1    1,100 cubic foot regular cement silo
             1    1,000 cubic foot pozmix silo

                                                                               9
<PAGE>
             1    500 Bbl. Frac tank
             1    16 foot car trailer (has title)
             2    office desks
             4    office chairs
             3    file cabinets
             1    Canon PC 940 copy machine
        Each foreman pickup equipped with miscellaneous hand tools, sockets,
             pipe wrenches, and other tools needed to complete their job duties

Vehicles (list year, make, model and VIN):

     Acid Pump Truck

     1996 FORD L9000 Twin Screw Acid Pump Truck, S/N-1FDYU90U1TVA25507, p/b
          CUMMINS N-14 Diesel Engine, EATON FULLER 10-Speed Transmission, 225"
          Wheelbase, Air Ride Suspension, PINION Triplex Plunger Pump, MISSION
          4" x 5" Centrifugal Charging Pump p/b Hydraulic Motor, (2) 500-Gallon
          Acid Tanks, Hard Lines w/Rack, HALLIBURTON Flow Meter, Operator's
          Controls, 11R22.5 Tires, Budd Wheels, 400,564 Miles on Odometer (Unit
          #19, KS Lic #PWP-355) (Reported by Owner to Have Been Built in 2002)

     Cement Pump Trucks

     1997 FORD Louisville Twin Screw Cement Pump Truck, S/N-1FDYS96Y0VVA44441,
          p/b CUMMINS N-14 Diesel Engine, EATON FULLER 10-Speed Transmission,
          230" Wheelbase, PINION Triplex Plunger Pump, MISSION 4" x 5"
          Centrifugal Charging Pump, GARDNER DENVER FXX 5" x 8" Duplex Pump, CAT
          3208 Diesel Deck Engine w/Radiator, Gauges, HALLIBURTON Flow Meter,
          2-Compartment Steel Mixing Tank, 12-Barrel Capacity Per Compartment,
          Hoses, Hard Lines w/Rack, Swivel Joints, Operator's Controls, 11R22.5
          Tires, Budd Wheels, 214,347 Miles on Odometer (Unit #21, KS Lic
          #UBY-784) (Reported by Owner to Have Been Built in May, 2002)

     1995 INTERNATIONAL 9200 Twin Screw Cement Pump Truck,
          S/N-2HSFMAHR5SC059443, p/b CUMMINS M-11 Diesel Engine, ROCKWELL
          9-Speed Transmission, 230" Wheelbase, PINION Triplex Plunger Pump,
          MISSION 4" x 5" Centrifugal Charging Pump, GARDNER DENVER FXX 5" x 8"
          Duplex Pump, CAT 3208 Diesel Deck Engine w/Radiator, Gauges,
          HALLIBURTON Flow Meter, 2-Compartment Steel Mixing Tank, 12-Barrel
          Capacity Per Compartment, Hoses, Hard Lines w/Rack, Swivel Joints,
          Operator's Controls, 11R22.5 Tires, Budd Wheels, 629,535 Miles on
          Odometer (Unit #25, KS Lic #PWP-360)

     1989 FORD L9000 Twin Screw Cement Pump Truck, S/N-1FDYA90W9KVA424449, p/b
          CUMMINS Big Cam-3 Diesel Engine, EATON FULLER 9-Speed Transmission,
          248" Wheelbase, (2) 75-Gallon Fuel Tanks, PINION Triplex Plunger Pump,
          MISSION 4" x 5" Centrifugal Charging Pump, GARDNER DENVER FXX 5" x 8"
          Duplex Pump, CAT 3208 Diesel Deck Engine w/Radiator, Gauges,
          HALLIBURTON Flow Meter, 2-Compartment Steel Mixing Tank, 12-Barrel
          Capacity Per Compartment, Hoses, Hard Lines w/Rack, Swivel Joints,
          Operator's Controls, 11R22.5 Tires, Budd Wheels, 530,000 Miles on
          Odometer (Unit #12, KS Lic #PWP-357) (Reported by Owner to Have Been
          Built in 2001)

                                                                              10
<PAGE>
     Vacuum Trucks

     1989 FORD L9000 Twin Screw Vacuum Truck, S/N-1FDYA90W7KVA42465, p/b CUMMINS
          Big Cam-4 Diesel Engine, Manual Transmission, 248" Wheelbase, Double
          Frame, 80-Barrel Fiberglass Lined Vacuum Tank (Reported to be New),
          BOWIE 3" Gear Pump, MASSPORT 2" Vacuum Pump, Hydraulic System, 11R24.5
          Tires, Budd Wheels, 584,000 Miles on Odometer (Unit #24, KS Lic
          #UBY-764) (Reported by Owner to Have Been Built in 2001)

     1991 INTERNATIONAL 9400 Twin Screw Vacuum Truck, S/N-2HSFHBAR6MC048149, p/b
          CUMMINS L-10 Diesel Engine, 15-Speed Manual Transmission, 218"
          Wheelbase, Air Ride Suspension, 80-Barrel Fiberglass Lined Vacuum
          Tank, Hydraulic System (Reported New in 2002), CHALLENGER 360 Vacuum
          Pump, 11R22.5 Tires, Budd Wheels, 661,000 Miles on Odometer (Unit #13,
          KS Lic #PWP-358)

     1991 INTERNATIONAL Twin Screw Vacuum Truck, S/N-1HTSHNHR2MH323333, p/b
          INTERNATIONAL DT-466 Diesel Engine, 15-Speed Transmission, 210"
          Wheelbase, Double Frame, 70-Barrel Fiberglass Lined Vacuum Tank
          w/Hydraulic Lid, Hydraulic System, CHELSEA PTO, 3" Vacuum Pump,
          11R22.5 Tires, Spoke Wheels, 104,000 Miles on Odometer (Unit #14, KS
          Lic #PWP-362)

     1991 PETERBILT Twin Screw Vacuum Truck, S/N-1XPFD29X5MN304197, p/b CUMMINS
          Big Cam-3 Diesel Engine, 13-Speed Transmission, 234" Wheelbase, Air
          Ride Suspension, 80-Barrel Fiberglass Lined Vacuum Tank, MASSPORT 2"
          Vacuum Pump, 11R22.5 Tires, Budd Wheels, 1,021,000 Miles on Odometer
          (Unit #20, KS Lic #UBY-274)

     Bulk Cement Trucks

     1998 FORD Twin Screw Bulk Cement Truck, S/N-1FDYS96Y7WVA07324, p/b CUMMINS
          N-14 Diesel Engine, EATON FULLER 10-Speed Transmission, 204"
          Wheelbase, Double Frame, 8.5 CuYd Reconditioned Roller, Hydraulic
          System, CHELSEA PTO, 315/80R22.5 Front & 11R22.5 Rear Tires, Budd
          Wheels (Tires & Wheels Reported to be New), 150,616 Miles on Odometer,
          New Paint (Unit #29, KS Lic #USE-554) (Reported by Owner to Have Been
          Built March, 2004)

     1994 FORD 9000 Twin Screw Bulk Cement Truck, S/N-1FTYS95V1RVA40156, p/b
          CUMMINS M-11 Diesel Engine, 9-Speed Transmission, 200" Wheelbase,
          Double Frame, HENDRICKSON Suspension, 250-CuFt Roller, Hydraulic
          System (Reported to be New), CHELSEA PTO, 315/80R22.5 Front & 11R22.5
          Rear Tires (New Tires), Budd Wheels, 810,000 Miles on Odometer (Unit
          #22, KS Lic #UBY-629) (Reported by Owner to Have Been Built in 2003)

     1990 FORD 9000 Twin Screw Bulk Cement Truck, S/N-1FDZY90T0LVA13493, p/b CAT
          3306 Diesel Engine, 8LL Transmission, 207" Wheelbase, Double Frame,
          HENDRICKSON Suspension, CHALLENGE 250-CuFt Roller, Hydraulic System,
          385/65R22.5 Tires (New Tires), Budd Wheels, 359,000 Miles on Odometer
          (Unit #16, KS Lic #PWP-368) (Reported by Owner to Have Been Built in
          2001)

                                                                              11
<PAGE>
     1980 FORD 9000 Twin Screw Bulk Cement Truck, S/N-Y91WVHK1531, p/b CUMMINS
          Diesel Engine, 15-Speed Transmission, 188" Wheelbase, Double Frame,
          HENDRICKSON Suspension, CHALLENGE 250-CuFt Roller, Hydraulic System,
          385/65R22.5 Front & 11R22.5 Rear Tires, Spoke Wheels, 259,000 Miles on
          Odometer (Unit #3, KS Lic #PWP-363)

     1981 INTERNATIONAL Twin Screw Bulk Cement Truck, S/N-1HTCF2574BGB19666, p/b
          CUMMINS Diesel Engine, EATON FULLER 10-Speed Transmission, 220"
          Wheelbase, Double frame, HENDRICKSON Suspension, (2) 200-CuFt
          Pneumatic Cement Pods, 385/65R22.5 Front & 11R22.5 Rear Tires, Spoke
          Wheels, Miles N/A (Unit #10, KS Lic #PWP-366)

     Pickups

     1992 CHEVROLET C2500 3/4-Ton Service Truck, S/N-2GBGC29K8N1257459, p/b GM
          V-8 Gas Engine, Fiberglass Utility Bed, 192,000 Miles on Odometer
          (Unit #18, KS Lic #PWP-367)

     2004 DODGE 2500 3/4-Ton 4WD Quad Cab Pickup, S/N-3D7KU28C24G133910, p/b
          CUMMINS Diesel Engine (Recently Purchased), Miles N/A (Unit #30, KS
          Lic #USE-556)

     2003 DODGE 2500 3/4-Ton 4WD Quad Cab Pickup, S/N-3D7KU286X3G712667, p/b
          CUMMINS Diesel Engine, 5-Speed Transmission, 59,706 Miles N/A (Unit
          #23, KS Lic #UBY-709)

     2001 DODGE 2500 3/4-Ton 4WD Quad Cab Pickup, S/N-3B7KC236X1G815671, p/b
          CUMMINS Diesel Engine, 5-Speed Transmission, 125,000 Miles on Odometer
          (Unit #17, KS Lic #PWH-826)

     2003 FORD F250 3/4-Ton 4WD Crew Cab Pickup, S/N-1FTNW21PX3EB98184, p/b
          Power Stroke 6L Diesel Engine, Automatic Transmission, 156" Wheelbase,
          20,250 Miles on Odometer (Unit #27, KS Lic #PWM-315)

     1997 ACT Trailer, S/N 45XPB1629VACD3230

                                                                              12
<PAGE>
Inventory & Supplies (list):

        CHEMICAL (CEMENTING)
        -----------------------------------------

        Flocele                   66 sks                          495.00
        Caclz                     47 sks                          799.00
        Metasilicate              10 sks                          250.00
        Gel                       24 sks                          108.00
        Kol-Seal                  160 sks                         960.00
        CFR2                      9 sks                           450.00
        Cal-Seal                  140 sks                         700.00
        Frac Sand                 20 sks                          100.00
        Salt                      7 sks                            35.00
        Regular Cement            1200 sks                      5,280.00
        Pozmix                    255 sks                         255.00
                                                          ---------------
                                                               $9,432.00
                                                          ---------------
        ACID
        -----------------------
        Acid                      4500 gallons                   3000.00
        Acid Chemicals                                           2000.00
                                                          ---------------
                                                               $5,000.00
                                                          ---------------
        TOTAL                                                 $14,432.00
                                                          ---------------
                                                          ---------------

<TABLE>
<CAPTION>

         CENTRALIZERS                      CEMENT BASKETS                 TOP RUBBER PLUGS
         ------------                      --------------                 ----------------
<S> <C> <C>    <C>      <C>           <C> <C>     <C>     <C>          <C> <C>     <C>     <C>
    4 1/2      40       480.00        4 1/2       9       450.00       2 3/8       4       40.00
    5 1/2      14       170.00        5 1/2       6       300.00       2 7/8       7       70.00
    8 5/8       7       140.00        8 5/8       2       150.00       3 1/2       4       40.00
    9 5/8       2        40.00       10 3/4       1        100.0       4 1/2      27      400.00
   10 3/4       3        60.00                                         5 1/2      24      400.00
                                                                           7       6      150.00
                                                                       8 5/8       1       30.00
                      --------                         ---------                        --------
                      $ 890.00                         $1,000.00                       $1,130.00
</TABLE>

<TABLE>
<CAPTION>

         WOODEN PLUGS                     LATCH DOWN PLUGS                   GUIDE SHOES              WIRE CABLE SCRATCHERS
         ------------                     ----------------                   -----------              ---------------------
<S> <C> <C>     <C>      <C>          <C> <C>     <C>     <C>          <C> <C>    <C>     <C>        <C> <C>    <C>      <C>
    4 1/2       6        60.00        4 1/2       2       150.00       4 1/2      11      330.00     4 1/2      8        120.00
    5 1/2      15       200.00        5 1/2       3       225.00       5 1/2       5      150.00
    8 5/8       2        40.00                                         8 5/8       1      100.00
                                                                       9 5/8       3      300.00
                     ---------                         ---------                        --------                      ---------
                       $300.00                           $375.00                         $880.00                        $120.00
</TABLE>

<TABLE>
<CAPTION>

       FLOAT SHOES B/S               FLOAT SHOES/FLAPPER VALVE            INSERT VALVES AFU
       ---------------               -------------------------            -----------------
<S> <C> <C>     <C>     <C>           <C> <C>    <C>      <C>          <C> <C>     <C>    <C>
    4 1/2       6       300.00        5 1/2      11       700.00       4 1/2       8      240.00
    5 1/2       1        75.00                                         5 1/2       6      260.00
                                                                       8 5/8       1      100.00
                                                                       9 5/8       1      100.00
                     ---------                         ---------                        --------
                       $375.00                           $700.00                         $700.00

</TABLE>

<TABLE>
<CAPTION>
       2 STAGE COLLARS                     TYPE "A" SHOES                  TYPE "B" SHOES                 FLOAT COLLAR
       ---------------                     --------------                  --------------                 ------------
<S> <C> <C>     <C>   <C>             <C> <C>     <C>   <C>            <C> <C>     <C>    <C>           <C>     <C>      <C>
    4 1/2       1     1,200.00        4 1/2       2     1,200.00       5 1/2       1      600.00        7"      1        100.00
    5 1/2       1     1,200.00        5 1/2       1       700.00
                     ---------                         ---------                        --------                       --------
                     $2,400.00                         $1,900.00                         $600.00                        $100.00

</TABLE>

                                                                              13
<PAGE>

                                   EXHIBIT `B'
                            to the Agreement between
           WYOMING OIL & MINERALS, INC. & BLUE STAR ACID SERVICE, INC.
                    and CONSOLIDATED OIL WELL SERVICES, INC.

                             ~ Accounts Receivable ~

<TABLE>
<CAPTION>

7:38 PM                   Blue Star Acid Service, Inc.
04/15/04                        A/R Aging Summary
                               As of April 9, 2004

                                                    Current     1 - 30    31 - 60   61 - 90       > 90      TOTAL
                                                    -------     ------    -------   -------       ----    ---------
<S>                                                <C>            <C>        <C>       <C>        <C>      <C>
        Blake Production Co., Inc.                 3,369.75       0.00       0.00      0.00       0.00     3,369.75
        C & E OIL                                  9,991.81       0.00       0.00      0.00       0.00     9,991.81
        Curry Oil                                  1,872.53       0.00       0.00      0.00       0.00     1,872.53
        Dart Cherokee Basin                        4,013.05     968.66       0.00      0.00       0.00     4,981.71
        Dunne Equities Operating, Inc.            13,482.51       0.00       0.00      0.00       0.00    13,482.51
        Gary Haas Oil Company                          0.00     581.99       0.00      0.00       0.00       581.99
        Gen Dor Oil                                4,760.52       0.00       0.00      0.00       0.00     4,760.52
        Glacier Petroleum                          2,455.99       0.00       0.00      0.00       0.00     2,455.99
        Haas Oil Company                            -555.72       0.00       0.00      0.00       0.00      -555.72
        Jackson Brothers, LLC                        694.94       0.00       0.00      0.00       0.00       694.94
        Kremeier Production & Operating Co.            0.00      56.21      52.58     56.21   3,912.48     4,077.48
        Layne Energy                              21,735.09       0.00       0.00      0.00       0.00    21,735.09
        Lorenz, James D                            1,238.40       0.00       0.00      0.00       0.00     1,238.40
        Penn-Virginia Oil & Gas                       49.42       0.00   3,295.30      0.00       0.00     3,344.72
        Performance Petroleum Co.                 15,947.94       0.00       0.00      0.00       0.00    15,947.94
        Perkins Oil Ent. Inc.                      3,630.14       0.00       0.00      0.00       0.00     3,630.14
        R&W Energies                               1,431.35       0.00       0.00      0.00       0.00     1,431.35
        Range Oil Co., Inc.                       12,175.09       0.00       0.00      0.00       0.00    12,175.09
        Shawmar Oil & Gas, Inc.                    6,374.02       0.00       0.00      0.00       0.00     6,374.02
        Twin Valley Enterprises                    3,138.99       0.00       0.00      0.00       0.00     3,138.99
                                                 ----------   --------   --------     -----   --------   ----------
        TOTAL                                    105,805.82   1,606.86   3,347.88     56.21   3,912.48   114,729.25
                                                 ==========   ========   ========     =====   ========   ==========

</TABLE>

                                                                              14
<PAGE>

                                   EXHIBIT `C'
                            to the Agreement between
           WYOMING OIL & MINERALS, INC. & BLUE STAR ACID SERVICE, INC.
                    and CONSOLIDATED OIL WELL SERVICES, INC.

                     ~ Trade Payables to be paid by BUYER ~

<TABLE>
<CAPTION>

 7:35 PM                     Blue Star Acid Service, Inc.
 04/12/04                       A/P Aging Summary
                               As of April 9, 2004

                                 Current  1 - 30   31 - 60  61 - 90   > 90     TOTAL
                                 ------- -------   -------  -------   ----   ---------
<S>                             <C>         <C>       <C>      <C>    <C>     <C>
        GW Co Treasurer         3,584.63    0.00      0.00     0.00   0.00    3,584.63
        Home Lumber               102.05    0.00      0.00     0.00   0.00      102.05
        Mineral Solutions         575.00    0.00      0.00     0.00   0.00      575.00
        Monarch Cement         11,366.72    0.00      0.00     0.00   0.00   11,366.72
        NAPA                      119.72    0.00      0.00     0.00   0.00      119.72
        RM Trucking             1,136.83    0.00      0.00     0.00   0.00    1,136.83
        Russ McCoy                129.98    0.00      0.00     0.00   0.00      129.98
        Texaco/Shell              133.57    0.00      0.00     0.00   0.00      133.57
        Western Uniform           183.29    0.00      0.00     0.00   0.00      183.29
        Woodson Co Coop         3,375.30    0.00      0.00     0.00   0.00    3,375.30
                               ---------    ----      ----     ----   ----   ---------
        TOTAL                  20,707.09    0.00      0.00     0.00   0.00   20,707.09
                               =========    ====      ====     ====   ====   =========

</TABLE>

                                                                              15
<PAGE>

                                  EXHIBIT `C-1'
                            to the Agreement between
           WYOMING OIL & MINERALS, INC. & BLUE STAR ACID SERVICE, INC.
                    and CONSOLIDATED OIL WELL SERVICES, INC.

 ~ Blue Star Operating and Mortgage Loan Documents with Home Bank & Trust Co. ~

                           Blue Star Acid Services, Inc.
             Current Loan Information With Home Bank & Trust Company
                                 April 12, 2004
<TABLE>
<CAPTION>

                           Principal        Accrued
         Loan #            Balance          Interest      Per Diem
         ------            -------          --------      --------
<S>      <C>               <C>              <C>            <C>
         4.0156426         $98,631.01       $747.94        $ 19.18

         4.0121274         $25,382.03       $119.16        $  4.58

</TABLE>

                                                                              16
<PAGE>

                                   EXHIBIT `D'
                            to the Agreement between
           WYOMING OIL & MINERALS, INC. & BLUE STAR ACID SERVICE, INC.
                    and CONSOLIDATED OIL WELL SERVICES, INC.

                       ASSIGNMENT AND ASSUMPTION AGREEMENT

     This Assignment and Assumption Agreement (the "Agreement") is entered into
effective as of April __, 2004, by and between Blue Star Acid Services, Inc., a
Kansas corporation ("Blue Star"), Wyoming Oil & Minerals, Inc., a Wyoming
corporation and the sole shareholder of Blue Star ("WYOM;" Blue Star and WYOM
are collectively referred to herein as "Seller") and Consolidated Oil Well
Services, Inc., a Kansas corporation ("Buyer").

     1. Recitals. Seller and Buyer have entered into that certain Agreement
dated April __, 2004 (the "Purchase Agreement"), under which Blue Star has
agreed to sell to Buyer all of its Assets (as defined in the Purchase
Agreement). Unless otherwise defined herein, capitalized terms used herein shall
have the meanings given such terms in the Purchase Agreement. Blue Star owes
certain current (not over 30 days past invoice date) normal trade debt payables
("Trade Payables") that are listed on Exhibit C, which is attached to the
Purchase Agreement and incorporated herein by reference and made a part hereof.
Pursuant to the Purchase Agreement, Buyer has agreed to assume and pay or
otherwise satisfy Blue Star's Trade Payables listed on Exhibit C, as well as
those Trade Payables that have arisen in the ordinary course of business since
April 9, 2004. In addition, Blue Star is the debtor of an operating loan issued
by Home Bank & Trust Co. of Eureka, Kansas ("Lender") in the principle amount of
$98,631.01 and a mortgage loan in the principal amount of $25,382.03 ("Loans").
Such Loans are reflected in the Promissory Note and Loan Documents attached as
Exhibit C-1 to the Purchase Agreement and incorporated herein by reference and
made a part hereof. Pursuant to the Purchase Agreement, Buyer has agreed to
assume and pay or otherwise satisfy such Loans. Seller desires to assign the
Trade Payables and Loans to Buyer, and Buyer desires to accept such assignment
and assume the obligations thereunder from and after the effective date of this
Agreement upon the terms and conditions hereinafter set forth. In consideration
of these recitals, which are hereby incorporated herein and of the mutual
covenants herein after set forth and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto,
intending to be legally bound, agree as follows:

     2. Assignment By Seller. Seller assigns to Buyer any and all of Seller's
right, title, and interest in, to and under the Trade Payables and Loans.

     3. Acceptance and Assumption. Buyer accepts the foregoing assignment and
agrees to assume and perform all promises, obligations, conditions and
agreements under the Trade Payables and Loans to be performed by Seller after
the date hereof. Specifically, Buyer agrees to satisfy the Trade Payables as
they mature and to pay the Loans in full immediately after the closing or to pay
them in accordance with their terms. Notwithstanding the foregoing, Buyer shall
not assume, or become liable to pay, perform or discharge any liability for any
Trade Payable or Loans (unless Buyer affirmatively elects otherwise in writing)
where Seller is in default prior to the date hereof. Buyer warrants that it has
received the consent of the Lender to assume the loans.

     4. Right to Assign. Seller represents and warrants that: (i) Seller may
legally and validly assign the Trade Payables and Loans to Buyer without penalty
or default or otherwise violating or breaching any of Seller's rights or
obligations under the Trade Payables and Loans and (ii) Seller has not
previously assigned or pledged any of its rights or interests in the Trade
Payables and Loans.

     5. Indemnification by Buyer. Buyer hereby agrees to indemnify, defend and
hold harmless Seller, and its directors, officers, affiliates, employees and
agents, from and against any and all claims, demands, liabilities, losses,
damages, costs and expenses (including without limitation reasonable attorneys'
fees) arising out of or relating to the breach by Buyer of any of the
obligations, terms and/or covenants of Buyer under or pursuant to the Trade
Payables and Loans or this Assignment, which obligations, terms and/or covenants
accrue on or subsequent to the date hereof.

                                                                              17
<PAGE>
     6. Notices. Seller agrees that in the event it receives any notices or
demands under any of the Trade Payables and Loans, including, without
limitation, any notices of default or breach, it shall immediately deliver a
copy of any such notices to Buyer at the address set forth in the Purchase
Agreement, or at such other address as Buyer shall furnish to Seller from time
to time in accordance with the provisions of the Purchase Agreement.

     7. Independent Covenants. Nothing contained in this Agreement shall be
deemed to diminish any of the obligations, agreements, covenants,
representations or warranties of Seller or Buyer contained in the Purchase
Agreement.

     8. Miscellaneous.

          a. Amendment. No change in or amendment to this Agreement shall be
     valid unless set forth in writing and signed by both of the parties hereto.

          b. Attorneys' Fees. If any party shall commence any action or
     proceeding against the other that arises out of the provisions hereof or to
     recover damages as the result of the alleged breach of any of the
     provisions hereof, the prevailing party therein shall be entitled to
     recover from the nonprevailing party all reasonable costs incurred in
     connection therewith, including reasonable attorneys' fees.

          c. Counterparts. This Agreement may be executed in counterparts, each
     of which shall be deemed an original, and all of which when affixed
     together shall constitute but one and the same instrument. Signatures
     exchanged by facsimile shall be deemed original signatures for all
     purposes.

          d. Further Assurances. Seller shall execute and deliver or cause to be
     executed and delivered such further instruments of conveyance, assignment
     and transfer and take such further action as Buyer may request in order to
     more effectively sell, assign, convey, transfer, reduce to possession and
     record title to any of the Trade Payables and Loans.

          e. Governing Law. This Agreement shall be governed in all respects by
     the laws of the state of Kansas.

          f. Severability. In the event that any provision of this Agreement is
     found by any court or other authority of competent jurisdiction to be
     illegal or unenforceable, such provision will be severed or modified to the
     extent necessary to make it enforceable, and as so severed or modified, the
     remainder of this Agreement shall remain in full force and effect.

          g. Successors and Assigns. This Agreement is binding upon and shall
     inure to the benefit of the parties hereto and their respective successors
     and assigns.

     IN WITNESS WHEREOF, the parties have duly executed this Agreement effective
as of the day and year first above written.

BLUE STAR ACID SERVICES, INC., a Kansas corporation
By:_________________________
Name: ______________________
Its:_________________________

CONSOLIDATED OIL WELL SERVICES, INC., a Kansas corporation
By:_________________________
Name: ______________________
Its:_________________________

WYOMING OIL & MINERALS, INC., a Wyoming Corporation and sole shareholder
                              of Blue Star Acid Services, Inc.
By:_________________________
Name: ______________________
Its:_________________________

                                                                              18

<PAGE>

                                   EXHIBIT `E'
                            to the Agreement between
           WYOMING OIL & MINERALS, INC. & BLUE STAR ACID SERVICE, INC.
                    and CONSOLIDATED OIL WELL SERVICES, INC.

            ~ Blue Star Debts and Liabilities Not Assumed by Buyer ~

                                    NOTE PAYABLE
                                    ------------

                                                  Approx.
                               Unit 30          $30,898.02

                               Unit 31          $30,898.02

                  YEAR        MAKE       MODEL   VEHICLE ID NUMBER
                  ----        ----       -----   -----------------

                  2004       Lexus      GX 470   JTJBT20X840025479

                  2004       Lexus      GX 470   JTJBT20X340025275

<PAGE>

                                   EXHIBIT `F'
                            to the Agreement between
           WYOMING OIL & MINERALS, INC. & BLUE STAR ACID SERVICE, INC.
                    and CONSOLIDATED OIL WELL SERVICES, INC.

  ~ Pending Lawsuits or Pending or Known Potential Claims Regarding BLUE STAR,
                     the Property or Accounts Receivable ~

     NONE

                                                                              20
<PAGE>

                          - Corporation Warranty Deed -

THIS DEED made this 19th day of April, 2004, between BLUE STAR ACID SERVICE,
INC. (GRANTOR) and CONSOLIDATED OIL WELL SERVICES, INC. (GRANTEE).

FOR ONE DOLLAR AND OTHER GOOD AND VALUABLE CONSIDERATION, the receipt of which
is acknowledged, GRANTOR grants, bargains, sells, warrants and conveys to
GRANTEE the following described real estate:

         A tract lying in the Northwest Quarter (NW/4) of Section 30, Township
         29 South, Range 18 East, Neosho County, Kansas, described as:
         Commencing at the SE/c NW/4, thence N 00(0)00'00" E, (an assumed
         bearing), 597 feet along the quarter section line to the true point of
         beginning, thence N 89(0)58'25" W, parallel with the South line of said
         NW/4, 577.5 feet (35 rods); thence N 00(0)00'00" E, 294 feet, thence S
         89(0)58'25" E, 577.5 feet to the quarter section line; thence S
         00(0)00'00" W, 294 feet to the point of beginning, containing 3.9
         acres, more or less

TO HAVE AND TO HOLD THE SAME, together with all and singular the tenements,
hereditaments and appurtenances thereunto belonging or in anywise appertaining,
forever.

And GRANTOR does hereby covenant, promise and agree that at the delivery of this
deed GRANTOR is lawfully seized in an absolute and indefeasible estate of
inheritance, in fee simple, of and in the above described real estate, free,
clear, discharged and unincumbered of and from all former and other grants,
titles, estates, charges, judgments, taxes, assessments and incumbrances of
whatever kind or nature except those of record, including taxes for the year
2004 and thereafter; and that the GRANTOR will forever warrant and defend the
same against all and every person lawfully claiming or to claim the same by,
through or under Grantor.

IN WITNESS WHEREOF, Grantor has caused this deed to be executed by its officer
authorized to do so, on the day and year set forth above.

                                        Blue Star Acid Service, Inc.

                                        /s/ Russell W. McCoy
                                        ---------------------------------
                                        Russell W. McCoy
                                        President

STATE OF KANSAS, COUNTY OF NEOSHOW, ss:

     BE IT REMEMBERED that on this 19th day of April 2004, before me,
the undersigned, a notary public in and for the County and State aforesaid, came
Russell W. McCoy, president of Blue Star Acid Service, Inc., a
corporation duly organized, incorporated and existing under and by virtue of the
laws of the State of Kansas, who is personally known to me to be such officer
and the same person who executed the within instrument of writing on behalf of
said corporation, and such person duly acknowledged the execution of the same to
be the act and deed of said corporation.

     IN WITNESS WHEREOF, I have hereunto set my hand and affixed my seal, the
day and year last above written.

                                       /s/ Denise V. Venneman
                                       ----------------------------------
                                       Notary Public
My term expires:

7/1/04

                                                                              21
<PAGE>

                         - Bill of Sale and Assignment -

     FOR ONE DOLLAR AND OTHER GOOD AND VALUABLE CONSIDERATION, the receipt and
sufficiency of which is acknowledged, BLUE STAR ACID SERVICE, INC. does hereby
sell, assign, transfer and convey to CONSOLIDATED OIL WELL SERVICES, INC. all
BLUE STAR assets, operations, real estate, personal property, machinery and
tools, vehicles, equipment, inventory and supplies, accounts, accounts and notes
receivable, all leases, contract rights, licenses, permits, customer lists and
rights of any kind and nature, including the names and marks of BLUE STAR,
telephone numbers and listings, and goodwill, including the following:

 Equipment & Tools (list):

             2    Haliburton wire lines
             2    2" wash heads
             1    5 1/2" rotating cement swivel
             1    4 1/2" rotating cement swivel
             2    Martin Decker 6,000 psi recorders
             1    2" Haliburton Flow meter
             1    Ball injector gun
                 Cement heads
                   2   4 1/2"
                   3   5 1/2"
                   1   7"
                   2   8 5/8"
                   1   10 3/4"
                   1   2 7/8"
             2    60 gallon air compressors (1 @ Eureka shop; 1 @ Thayer shop)
             2    30 ton floor jacks
             1    Miller wire feed welder
             1    Oxygen Acetylene cutting torch
             2    Toyota 4,000 lb fork lifts -- approximately '89 and '90 models
                       (1 @ Eureka and 1 @ Thayer shop)
             1    1,100 cubic foot regular cement silo
             1    1,000 cubic foot pozmix silo
             1    500 Bbl. Frac tank
             1    16 foot car trailer (has title)
             2    office desks
             4    office chairs
             3    file cabinets

                                                                              22
<PAGE>
             1        Canon PC 940 copy machine
          Each foreman pickup equipped with miscellaneous hand tools, sockets,
               pipe wrenches, and other tools needed to complete their job
               duties

Vehicles (list year, make, model and VIN):

     Acid Pump Truck

     1996 FORD L9000 Twin Screw Acid Pump Truck, S/N-1FDYU90U1TVA25507, p/b
          CUMMINS N-14 Diesel Engine, EATON FULLER 10-Speed Transmission, 225"
          Wheelbase, Air Ride Suspension, PINION Triplex Plunger Pump, MISSION
          4" x 5" Centrifugal Charging Pump p/b Hydraulic Motor, (2) 500-Gallon
          Acid Tanks, Hard Lines w/Rack, HALLIBURTON Flow Meter, Operator's
          Controls, 11R22.5 Tires, Budd Wheels, 400,564 Miles on Odometer (Unit
          #19, KS Lic #PWP-355) (Reported by Owner to Have Been Built in 2002)

     Cement Pump Trucks

     1997 FORD Louisville Twin Screw Cement Pump Truck, S/N-1FDYS96Y0VVA44441,
          p/b CUMMINS N-14 Diesel Engine, EATON FULLER 10-Speed Transmission,
          230" Wheelbase, PINION Triplex Plunger Pump, MISSION 4" x 5"
          Centrifugal Charging Pump, GARDNER DENVER FXX 5" x 8" Duplex Pump, CAT
          3208 Diesel Deck Engine w/Radiator, Gauges, HALLIBURTON Flow Meter,
          2-Compartment Steel Mixing Tank, 12-Barrel Capacity Per Compartment,
          Hoses, Hard Lines w/Rack, Swivel Joints, Operator's Controls, 11R22.5
          Tires, Budd Wheels, 214,347 Miles on Odometer (Unit #21, KS Lic
          #UBY-784) (Reported by Owner to Have Been Built in May, 2002)

     1995 INTERNATIONAL 9200 Twin Screw Cement Pump Truck,
          S/N-2HSFMAHR5SC059443, p/b CUMMINS M-11 Diesel Engine, ROCKWELL
          9-Speed Transmission, 230" Wheelbase, PINION Triplex Plunger Pump,
          MISSION 4" x 5" Centrifugal Charging Pump, GARDNER DENVER FXX 5" x 8"
          Duplex Pump, CAT 3208 Diesel Deck Engine w/Radiator, Gauges,
          HALLIBURTON Flow Meter, 2-Compartment Steel Mixing Tank, 12-Barrel
          Capacity Per Compartment, Hoses, Hard Lines w/Rack, Swivel Joints,
          Operator's Controls, 11R22.5 Tires, Budd Wheels, 629,535 Miles on
          Odometer (Unit #25, KS Lic #PWP-360)

     1989 FORD L9000 Twin Screw Cement Pump Truck, S/N-1FDYA90W9KVA424449, p/b
          CUMMINS Big Cam-3 Diesel Engine, EATON FULLER 9-Speed Transmission,
          248" Wheelbase, (2) 75-Gallon Fuel Tanks, PINION Triplex Plunger Pump,
          MISSION 4" x 5" Centrifugal Charging Pump, GARDNER DENVER FXX 5" x 8"
          Duplex Pump, CAT 3208 Diesel Deck Engine w/Radiator, Gauges,
          HALLIBURTON Flow Meter, 2-Compartment Steel Mixing Tank, 12-Barrel
          Capacity Per Compartment, Hoses, Hard Lines w/Rack, Swivel Joints,
          Operator's Controls, 11R22.5 Tires, Budd Wheels, 530,000 Miles on
          Odometer (Unit #12, KS Lic #PWP-357) (Reported by Owner to Have Been
          Built in 2001)

                                                                              23
<PAGE>
     Vacuum Trucks

     1989 FORD L9000 Twin Screw Vacuum Truck, S/N-1FDYA90W7KVA42465, p/b CUMMINS
          Big Cam-4 Diesel Engine, Manual Transmission, 248" Wheelbase, Double
          Frame, 80-Barrel Fiberglass Lined Vacuum Tank (Reported to be New),
          BOWIE 3" Gear Pump, MASSPORT 2" Vacuum Pump, Hydraulic System, 11R24.5
          Tires, Budd Wheels, 584,000 Miles on Odometer (Unit #24, KS Lic
          #UBY-764) (Reported by Owner to Have Been Built in 2001)

     1991 INTERNATIONAL 9400 Twin Screw Vacuum Truck, S/N-2HSFHBAR6MC048149, p/b
          CUMMINS L-10 Diesel Engine, 15-Speed Manual Transmission, 218"
          Wheelbase, Air Ride Suspension, 80-Barrel Fiberglass Lined Vacuum
          Tank, Hydraulic System (Reported New in 2002), CHALLENGER 360 Vacuum
          Pump, 11R22.5 Tires, Budd Wheels, 661,000 Miles on Odometer (Unit #13,
          KS Lic #PWP-358)

     1991 INTERNATIONAL Twin Screw Vacuum Truck, S/N-1HTSHNHR2MH323333, p/b
          INTERNATIONAL DT-466 Diesel Engine, 15-Speed Transmission, 210"
          Wheelbase, Double Frame, 70-Barrel Fiberglass Lined Vacuum Tank
          w/Hydraulic Lid, Hydraulic System, CHELSEA PTO, 3" Vacuum Pump,
          11R22.5 Tires, Spoke Wheels, 104,000 Miles on Odometer (Unit #14, KS
          Lic #PWP-362)

     1991 PETERBILT Twin Screw Vacuum Truck, S/N-1XPFD29X5MN304197, p/b CUMMINS
          Big Cam-3 Diesel Engine, 13-Speed Transmission, 234" Wheelbase, Air
          Ride Suspension, 80-Barrel Fiberglass Lined Vacuum Tank, MASSPORT 2"
          Vacuum Pump, 11R22.5 Tires, Budd Wheels, 1,021,000 Miles on Odometer
          (Unit #20, KS Lic #UBY-274)

     Bulk Cement Trucks

     1998 FORD Twin Screw Bulk Cement Truck, S/N-1FDYS96Y7WVA07324, p/b CUMMINS
          N-14 Diesel Engine, EATON FULLER 10-Speed Transmission, 204"
          Wheelbase, Double Frame, 8.5 CuYd Reconditioned Roller, Hydraulic
          System, CHELSEA PTO, 315/80R22.5 Front & 11R22.5 Rear Tires, Budd
          Wheels (Tires & Wheels Reported to be New), 150,616 Miles on Odometer,
          New Paint (Unit #29, KS Lic #USE-554) (Reported by Owner to Have Been
          Built March, 2004)

     1994 FORD 9000 Twin Screw Bulk Cement Truck, S/N-1FTYS95V1RVA40156, p/b
          CUMMINS M-11 Diesel Engine, 9-Speed Transmission, 200" Wheelbase,
          Double Frame, HENDRICKSON Suspension, 250-CuFt Roller, Hydraulic
          System (Reported to be New), CHELSEA PTO, 315/80R22.5 Front & 11R22.5
          Rear Tires (New Tires), Budd Wheels, 810,000 Miles on Odometer (Unit
          #22, KS Lic #UBY-629) (Reported by Owner to Have Been Built in 2003)

                                                                              24
<PAGE>
     1990 FORD 9000 Twin Screw Bulk Cement Truck, S/N-1FDZY90T0LVA13493, p/b CAT
          3306 Diesel Engine, 8LL Transmission, 207" Wheelbase, Double Frame,
          HENDRICKSON Suspension, CHALLENGE 250-CuFt Roller, Hydraulic System,
          385/65R22.5 Tires (New Tires), Budd Wheels, 359,000 Miles on Odometer
          (Unit #16, KS Lic #PWP-368) (Reported by Owner to Have Been Built in
          2001)

     1980 FORD 9000 Twin Screw Bulk Cement Truck, S/N-Y91WVHK1531, p/b CUMMINS
          Diesel Engine, 15-Speed Transmission, 188" Wheelbase, Double Frame,
          HENDRICKSON Suspension, CHALLENGE 250-CuFt Roller, Hydraulic System,
          385/65R22.5 Front & 11R22.5 Rear Tires, Spoke Wheels, 259,000 Miles on
          Odometer (Unit #3, KS Lic #PWP-363)

     1981 INTERNATIONAL Twin Screw Bulk Cement Truck, S/N-1HTCF2574BGB19666, p/b
          CUMMINS Diesel Engine, EATON FULLER 10-Speed Transmission, 220"
          Wheelbase, Double frame, HENDRICKSON Suspension, (2) 200-CuFt
          Pneumatic Cement Pods, 385/65R22.5 Front & 11R22.5 Rear Tires, Spoke
          Wheels, Miles N/A (Unit #10, KS Lic #PWP-366)

     Pickups

     1992 CHEVROLET C2500 3/4-Ton Service Truck, S/N-2GBGC29K8N1257459, p/b GM
          V-8 Gas Engine, Fiberglass Utility Bed, 192,000 Miles on Odometer
          (Unit #18, KS Lic #PWP-367)

     2004 DODGE 2500 3/4-Ton 4WD Quad Cab Pickup, S/N-3D7KU28C24G133910, p/b
          CUMMINS Diesel Engine (Recently Purchased), Miles N/A (Unit #30, KS
          Lic #USE-556)

     2003 DODGE 2500 3/4-Ton 4WD Quad Cab Pickup, S/N-3D7KU286X3G712667, p/b
          CUMMINS Diesel Engine, 5-Speed Transmission, 59,706 Miles N/A (Unit
          #23, KS Lic #UBY-709)

     2001 DODGE 2500 3/4-Ton 4WD Quad Cab Pickup, S/N-3B7KC236X1G815671, p/b
          CUMMINS Diesel Engine, 5-Speed Transmission, 125,000 Miles on Odometer
          (Unit #17, KS Lic #PWH-826)

     2003 FORD F250 3/4-Ton 4WD Crew Cab Pickup, S/N-1FTNW21PX3EB98184, p/b
          Power Stroke 6L Diesel Engine, Automatic Transmission, 156" Wheelbase,
          20,250 Miles on Odometer (Unit #27, KS Lic #PWM-315)

     1997 ACT Trailer, S/N 45XPB1629VACD3230

Inventory & Supplies (list):

                                                                              25
<PAGE>
        CHEMICAL (CEMENTING)
        -------------------------------------------

        Flocele                     66 sks                             495.00
        Caclz                       47 sks                             799.00
        Metasilicate                10 sks                             250.00
        Gel                         24 sks                             108.00
        Kol-Seal                    160 sks                            960.00
        CFR2                        9 sks                              450.00
        Cal-Seal                    140 sks                            700.00
        Frac Sand                   20 sks                             100.00
        Salt                        7 sks                               35.00
        Regular Cement              1200 sks                         5,280.00
        Pozmix                      255 sks                            255.00
                                                               ---------------
                                                                    $9,432.00
                                                               ---------------
        ACID
        --------------------------
        Acid                        4500 gallons                      3000.00
        Acid Chemicals                                                2000.00
                                                               ---------------
                                                                    $5,000.00
                                                               ---------------
        TOTAL                                                      $14,432.00
                                                               ---------------
                                                               ---------------

<TABLE>
<CAPTION>

         CENTRALIZERS                      CEMENT BASKETS                 TOP RUBBER PLUGS
         ------------                      --------------                 ----------------
<S> <C> <C>    <C>      <C>           <C> <C>     <C>     <C>          <C> <C>     <C>     <C>
    4 1/2      40       480.00        4 1/2       9       450.00       2 3/8       4       40.00
    5 1/2      14       170.00        5 1/2       6       300.00       2 7/8       7       70.00
    8 5/8       7       140.00        8 5/8       2       150.00       3 1/2       4       40.00
    9 5/8       2        40.00       10 3/4       1        100.0       4 1/2      27      400.00
   10 3/4       3        60.00                                         5 1/2      24      400.00
                                                                           7       6      150.00
                                                                       8 5/8       1       30.00
                      --------                         ---------                        --------
                      $ 890.00                         $1,000.00                       $1,130.00
</TABLE>

<TABLE>
<CAPTION>

         WOODEN PLUGS                     LATCH DOWN PLUGS                   GUIDE SHOES              WIRE CABLE SCRATCHERS
         ------------                     ----------------                   -----------              ---------------------
<S> <C> <C>     <C>      <C>          <C> <C>     <C>     <C>          <C> <C>    <C>     <C>        <C> <C>    <C>      <C>
    4 1/2       6        60.00        4 1/2       2       150.00       4 1/2      11      330.00     4 1/2      8        120.00
    5 1/2      15       200.00        5 1/2       3       225.00       5 1/2       5      150.00
    8 5/8       2        40.00                                         8 5/8       1      100.00
                                                                       9 5/8       3      300.00
                     ---------                         ---------                        --------                      ---------
                       $300.00                           $375.00                         $880.00                        $120.00
</TABLE>

<TABLE>
<CAPTION>

       FLOAT SHOES B/S               FLOAT SHOES/FLAPPER VALVE            INSERT VALVES AFU
       ---------------               -------------------------            -----------------
<S> <C> <C>     <C>     <C>           <C> <C>    <C>      <C>          <C> <C>     <C>    <C>
    4 1/2       6       300.00        5 1/2      11       700.00       4 1/2       8      240.00
    5 1/2       1        75.00                                         5 1/2       6      260.00
                                                                       8 5/8       1      100.00
                                                                       9 5/8       1      100.00
                     ---------                         ---------                        --------
                       $375.00                           $700.00                         $700.00

</TABLE>

<TABLE>
<CAPTION>
       2 STAGE COLLARS                     TYPE "A" SHOES                  TYPE "B" SHOES                 FLOAT COLLAR
       ---------------                     --------------                  --------------                 ------------
<S> <C> <C>     <C>   <C>             <C> <C>     <C>   <C>            <C> <C>     <C>    <C>           <C>     <C>      <C>
    4 1/2       1     1,200.00        4 1/2       2     1,200.00       5 1/2       1      600.00        7"      1        100.00
    5 1/2       1     1,200.00        5 1/2       1       700.00
                     ---------                         ---------                        --------                       --------
                     $2,400.00                         $1,900.00                         $600.00                        $100.00

</TABLE>

                                                                              26
<PAGE>

         DATED this 19th day of April, 2004.

                                              Blue Star Acid Service, Inc.

                                              /s/ Russell W. McCoy
                                              ---------------------------------
                                              President

                                                                              27
<PAGE>EXHIBIT 10

                 DESCRIPTION OF INFORMAL AND UNDESIGNATED PLANS

Pursuant to Board Minutes dated March 17, 2004, the Company granted Compensatory
Stock Options to four independent consultants who are parties to a certain Joint
Venture Agreement with the Company pertaining to a joint  redevelopment  project
for up to 24 Oil and Gas  Wells  in  South  Texas.  Each  of the  four  grantees
received two stock  options,  the first for 1,000,000  registered  common shares
exercisable  at $0.02 per common  share for a period of six months from the date
of grant, and a second stock option for up to 2,000,000 registered common shares
exercisable  at $0.03 per common share for a period of two years  provided  that
the optionee exercises the first option for $0.02 per share within the six month
exercise  period.  The options were granted as compensation for the execution of
the Joint  Venture  Agreement  and the  services  provided  by the  partners  in
assembling  properties and providing the business  opportunity and relationships
necessary to pursue the project.

Pursuant  to  Board  Minutes  dated  April  15,  2004,  the  Company  designated
13,000,000  common  shares for  registration  and  issuance  pursuant  to future
designated individual plans for employees,  directors,  consultants and advisors
outside the Company's 2003 Omnibus Stock Option and Incentive  Compensation Plan
and the current S-8 Registration Statement filed on September 4, 2003.

The above described plans are informal allocated and non-allocated  compensatory
stock grant and option  plans for  services  rendered  and to be rendered to the
Company by  individuals  in advancing  the  Company's  business  plan to develop
business  opportunities  and pursue  projects in the Traditional and Alternative
and Renewable Energy Sector.  Unallocated shares will be granted by the board of
directors and allocated for inclusion under this Registration Statement pursuant
to the rules and  regulations  of the  Securities  and Exchange  Commission  for
compensation  stock grants,  and common shares  underlying  compensatory  common
stock options.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00065-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00065-of-00352.parquet"}]]