Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - Yellowcake Mining Inc. - Exhibit 10.3

SKY PROJECT TERMINATION AGREEMENT

THIS AGREEMENT (the “Agreement”) is made as of April 21,
2008.

BETWEEN:

STRATHMORE RESOURCES (US) LTD.,
a Nevada corporation, with an 
address at 2420 Watt Court Riverton, Wyoming,
82501

(“Strathmore”)

AND:

YELLOWCAKE MINING INC., a
Nevada corporation, with an address s at 200-
8275 South Eastern Avenue, Las
Vegas, NV 89123

(“Yellowcake”)

WHEREAS:

	A. 	
      Strathmore and Yellowcake entered into an option and
      joint venture agreement regarding the Sky Project, dated July 31, 2007
      (the “JV Agreement”); and

	 	 
	B. 	
      the parties wish to terminate the JV Agreement on the
      terms and subject to the conditions of this
Agreement;

NOW, THEREFORE, in consideration of the mutual covenants
and agreements contained herein, and other good and valuable consideration the
parties agree as follows:

	1. 	
      The JV Agreement and the obligations of the parties
      thereunder are hereby terminated effective as of the date of this
      Agreement and neither of the parties thereunder shall have any further
      obligation under the JV Agreement with respect to the properties described
      thereunder or otherwise to the other party thereto.

	 	 
	2. 	
      Each party shall execute and deliver all such further and
      other agreements, assurances, undertakings, acknowledgments and documents,
      cause such meetings to be held, resolutions passed and to do or cause to
      be done and perform all acts or things necessary or desirable to give full
      effect to the provisions of this Agreement.

	 	 
	3. 	
      This Agreement shall enure to the benefit of and be
      binding upon the parties and their respective heirs, successors, personal
      representatives and permitted assigns.

	 	 
	4. 	
      This Agreement may be executed in counterparts and
      delivered via facsimile or other electronic
means.

- 2 -

	5. 	
      This Agreement will be governed by and construed in
      accordance with the laws of the Province of British Columbia and the laws
      of Canada applicable in that Province and will be treated, in all
      respects, as a British Columbia contract.

	 	 
	6. 	
      This Agreement may only be modified or amended by a
      written document signed by each party to this
Agreement.

[Remainder of page left intentionally blank]

- 3 -

EXECUTED as of the date first written above.

STRATHMORE RESOURCES (US) LTD

	By: 	/s/ David Miller	 
	Name: 	David Miller 	 
	Title: 	Chief Executive Officer 	 

YELLOWCAKE MINING INC.

	By: 	/s/ William Tafuri	 
	Name: 	William Tafuri 	 
	Title: 	President, Secretary and
      TreasurerFiled by Automated Filing Services Inc. (604) 609-0244 - Doral Energy Corp. - Exhibit 10.1

PURCHASE AND SALE AGREEMENT

THIS AGREEMENT is dated for reference as of the 25th day
of April, 2008.

	AMONG: 
	 	  
		
      J. WARREN HANSON, doing business as HANSON
      ENERGY, a business person, and his wife KATHIE
      HANSON, both having a mailing address at PO Box 1348, Artesia, NM
      88210 

	 	  
	 	(hereinafter called the "Vendor") 
	 	OF THE FIRST PART 
	 	  
	AND: 
	 	  
		
      LANGUAGE ENTERPRISES CORP., a corporation
      duly formed under the laws of Nevada with its principal office at 111 N.
      Sepulveda Blvd., Suite 250, Manhattan Beach, CA 90266 

	 	  
	 	(hereinafter called the "Purchaser") 
	 	OF THE SECOND PART 

WHEREAS, the Vendor wishes to sell, and the Purchaser
wishes to purchase, upon the terms, conditions, reservations and exceptions
hereinafter set forth, the Vendor’s interest in and to certain oil and gas
properties and other assets related thereto as further described in this
Agreement; 

NOW THEREFORE in consideration of the covenants and
agreements contained herein and other good and valuable consideration, the
receipt and sufficiency are hereby acknowledged, the Vendor and the Purchaser
agree as follows:

1. INTERPRETATION

1.1 Where used herein or in any amendments or Schedules hereto,
the following terms shall have the following meanings:

	 	(a) 	
      “Additional Lands” shall have the meaning assigned to it
      in Section 2.1(g).

	 	 	 
	 	(b) 	
      “Allocated Value” means the percentage of the Purchase
      Price allocated to the Assets, as described in the Schedules attached
      hereto.

	 	 	 
	 	(c) 	
      “API” means the American Petroleum Institute.

	 	 	 
	 	(d) 	
      "Assets" shall have the meaning assigned to it in Section
      2.1.

	 	 	 
	 	(e) 	
      “BS&W” means basic sediments and water.

	 	 	 
	 	(f) 	
      “Cash Price” means an aggregate of $5,000,000, to be paid
      by the Purchaser to the Vendor as part of the Purchase Price as set out in
      Section 2.2 and allocated to the Assets in accordance with the Allocated
      Values therefor.

	 	 	 
	 	(g) 	
      "Casualty Loss” shall have the meaning assigned to it in
      Section 7.1.

1

	 	(h) 	
      “Closing” means the closing of the transactions
      contemplated in this Agreement.

	 	 	 	 
	 	(i) 	
      “Closing Agent” shall have the meaning assigned to it in
      Section 10.1.

	 	 	 	 
	 	(j) 	
      "Closing Date" means the date of Closing, which shall be
      the Scheduled Closing Date, or such other date as set out in this
      Agreement or as may be mutually agreed upon by the Vendor and the
      Purchaser.

	 	 	 	 
	 	(k) 	
      “Code” means the Internal Revenue Code of 1986, as
      amended.

	 	 	 	 
	 	(l) 	
      “Cost of Remediation” shall have the meaning assigned to
      it in Section 8.2.

	 	 	 	 
	 	(m) 	
      “Defective Asset” shall mean any portion of the Assets
      that is either affected by a Title Defect, an Environmental Defect, or
      that the Purchaser is otherwise entitled to treat as a Defective Asset
      under this Agreement, but shall not include any defect or other
      impairment, the value of which is less than $20,000 or, in the case of a
      material adverse environmental condition, the amount set out in Section
      8.2.

	 	 	 	 
	 	(n) 	
      “Defensible Title” shall mean, as to the Assets, such
      title and interest held by the Vendor that, subject to and except for the
      Permitted Encumbrances:

	 	 	 	 
	 		(i) 	
      entitles the Vendor to receive not less than the net
      revenue interest set out in Schedule A under the column titled “Hanson
      NRI” of all Hydrocarbons produced, saved, and marketed from the Assets and
      allows the Vendor to receive payment for production attributable to the
      Assets from the purchaser(s) of such production without the posting of any
      bond or indemnity;

	 	 	 	 
	 		(ii) 	
      obligates the Vendor to bear the costs and expenses
      relating to the maintenance, development and operation of the Wells in an
      amount not greater than the working interest set out in Schedule A under
      the column titled “Hanson WI”; and

	 	 	 	 
	 		(iii) 	
      is free and clear of any and all encumbrances, liens,
      charges and security interests, whatsoever.

	 	 	 	 
	 	(o) 	
      “Deposit” shall have the meaning assigned to it in
      Section 2.2(a).

	 	 	 	 
	 	(p) 	
      “Disputed Asset” shall have the meaning assigned to it in
      Section 7.3.

	 	 	 	 
	 	(q) 	
      “Effective Date” means:

	 	 	 	 
	 		(i) 	
      if Closing occurs prior to the fifteenth day of the
      calendar month, the first day of the month in which Closing occurs;
    or

	 	 	 	 
	 		(ii) 	
      if Closing occurs after the fifteenth day of the calendar
      month, the first day of the month succeeding the date of
Closing.

	 	 	 	 
	 	(r) 	
      “Environmental Defect” shall have the meaning assigned to
      it in Section 8.2.

	 	 	 	 
	 	(s) 	
      “Equipment” shall have the meaning assigned to it in
      Section 2.1(c).

	 	 	 	 
	 	(t) 	
      “Exchange Act” means the Securities Exchange Act of 1934,
      as amended.

2

	 	(u) 	
      “Exclusion Adjustment” shall have the meaning assigned to
      it in Section 7.3.

	 	 	 
	 	(v) 	
      “Hydrocarbons” shall have the meaning assigned to it in
      Section 2.1(d).

	 	 	 
	 	(w) 	
      “Lands” shall have the meaning assigned to it in Section
      2.1(a).

	 	 	 
	 	(x) 	
      “Leases” shall have the meaning assigned to it in Section
      2.1(a).

	 	 	 
	 	(y) 	
      “Material Contracts” shall have the meaning assigned to
      it in Section 2.1(e).

	 	 	 
	 	(z) 	
      “Permitted Encumbrances” means those encumbrances on the
      Assets listed in Schedule E.

	 	 	 
	 	(aa) 	
      “Prior Existing Environmental Defect” shall have the
      meaning assigned to it in Section 8.5(b).

	 	 	 
	 	(bb) 	
      “Properties” shall have the meaning assigned to it in
      Section 2.1(b).

	 	 	 
	 	(cc) 	
      “Purchase Price” means the Cash Price to be paid by the
      Purchaser to the Vendor and the Purchaser Shares to be issued by the
      Purchaser to the Vendor, each as set out in this Agreement.

	 	 	 
	 	(dd) 	
      "Purchaser Audited Financial Statements" means those
      audited financial statements of the Purchaser as at July 31, 2007 and
      filed with the SEC as part of the Purchaser’s Annual Report on Form 10-KSB
      for the period then ended.

	 	 	 
	 	(ee) 	
      "Purchaser Financial Statements" means, collectively, the
      Purchaser Audited Financial Statements and the Purchaser Unaudited
      Financial Statements.

	 	 	 
	 	(ff) 	
      “Purchaser Shares” means an aggregate of 7,000,000 shares
      of the Purchaser’s common stock to be issued to the Vendor as part of the
      Purchase Price as set out in Section 2.2.

	 	 	 
	 	(gg) 	
      “Purchaser Unaudited Financial Statements” means those
      unaudited financial statements of the Purchaser as at October 31, 2007 and
      filed with the SEC as part of the Purchaser’s Quarterly Report on Form
      10-QSB for the period then ended.

	 	 	 
	 	(hh) 	
      “Records” shall have the meaning assigned to it in
      Section 2.1(h).

	 	 	 
	 	(ii) 	
      “Rights of First Refusal” means those preferential,
      pre-emptive, first purchase right, right of first refusal or similar
      rights set out in Schedule I.

	 	 	 
	 	(jj) 	
      “Scheduled Closing Date” means June 13, 2008.

	 	 	 
	 	(kk) 	
      “SEC” means the United States Securities and Exchange
      Commission.

	 	 	 
	 	(ll) 	
      “Securities Act” means the Securities Act of 1933, as
      amended.

	 	 	 
	 	(mm) 	
      “Surface Rights” shall have the meaning assigned to it in
      Section 2.1(f).

	 	 	 
	 	(nn) 	
      “Title Defect” means any lien, charge, encumbrance,
      security interest, encroachment, irregularity, defect in or objection
      whatsoever to the Vendor’s title or

3

interest in and to the Assets (other
than the Permitted Encumbrances), that alone or in combination with other
defects renders the Vendor’s title or interest in and to the Assets, or any part
thereof, less than Defensible Title. 

1.2 All dollar amounts referred to in this Agreement are in
United States funds, unless expressly stated otherwise. 

1.3 The division of this Agreement into Articles, Sections,
subsections, clauses, subclauses, paragraphs and the provision of headings for
all or any thereof are for convenience and reference only, and shall not affect
the construction or interpretation of this Agreement.

1.4 The following schedules are attached to and form part of
this Agreement:

Schedule A – Leases 
Schedule A-1 –
Wells 
Schedule B – Equipment 
Schedule C – Material Contracts
Schedule
D – Assignment of Overriding Royalties 
Schedule E – Permitted
Encumbrances
Schedule F – Pending Litigation and Environmental Orders

Schedule G – Assignment, Bill of Sale and Conveyance 
Schedule H –
Affidavit of Liens and Encumbrances 
Schedule I – Rights of First Refusal

Schedule J – Additional Lands

2. PURCHASE AND SALE

2.1 Upon the terms and subject to the conditions and
reservations set out in this Agreement, the Vendor agrees to sell, assign and
transfer to the Purchaser, and the Purchaser agrees to purchase and accept from
the Vendor, the following assets (the “Assets”), free and clear of all
liens, charges, encumbrances and security interests whatsoever, except for the
Permitted Encumbrances:

	 	(a) 	
      all right, title and interest of the Vendor in and to, or
      otherwise derived from, the oil and gas leases, oil and gas mineral
      leases, subleases and other leaseholds, carried interests, farmout rights,
      options and other properties and interests described in Schedule A,
      including any ratifications, extensions or amendments thereto, whether or
      not described in Schedule A, (the “Leases”), together with all
      rights, title and interests of the Vendor in and to the lands covered by
      the Leases or any lands utilized, pooled, communitized or consolidated
      therewith (the “Lands”);

	 	 	 
		(b) 	
      all right, title and interest of the Vendor in and to any
      and all oil, gas, water, carbon dioxide or injection wells located on the
      Lands, whether producing, shut-in, or temporarily abandoned, including but
      not limited to, the interests of the Vendor in the wells described in
      Schedule A-1 (the “Wells”; each of the Leases, Lands and Wells
      being hereinafter referred to in the singular as a “Property” or in
      plural as the “Properties”);

	 	 	 
	 	(c) 	
      all right, title and interest of the Vendor in and to all
      equipment, machinery, fixtures, facilities, vehicles and other tangible
      personal property and improvements located on the Properties or used or
      held for use primarily in connection with the operation
  of

4

	 		
      the Properties, including, but not limited to, those
      items set out in Schedule B (the “Equipment”);

	 	 	 
	 	(d) 	
      all right, title and interest of the Vendor in and to all
      crude oil, condensate, natural gas, natural gas liquids, casinghead gas,
      drip gasoline, products and other hydrocarbons (collectively, the
      “Hydrocarbons”) or water or other minerals produced from or
      attributable to the Properties, from and after the Effective
  Date;

	 	 	 
	 	(e) 	
      all right, title and interest of the Vendor in and to, or
      otherwise derived from, all contracts and agreements related to the
      Properties, including, but not limited to, any contracts or agreements for
      the sale, processing, injection, disposal or transportation of
      Hydrocarbons produced from the Properties, including, without limitation,
      the contracts and agreements set out in Schedule C (the “Material
      Contracts”);

	 	 	 
	 	(f) 	
      all right, title and interest of the Vendor in and to, or
      otherwise derived from, all surface use agreements, rights of way,
      licenses, authorizations, permits and similar rights and interests
      applicable to, or used in connection with the Properties (collectively,
      the “Surface Rights”);

	 	 	 
	 	(g) 	
      all right, title and interest of the Vendor in and to, or
      otherwise derived from, the lands described in Schedule J (the
      “Additional Lands”), provided that a separate agreement may be
      executed between the Vendor and the Purchaser with respect to the
      Additional Lands, notwithstanding which, the consideration paid by the
      Purchaser to the Vendor for the Additional Lands shall be deemed to be the
      Allocated Value set out in Schedule J;

	 	 	 
	 	(h) 	
      all records and files in the possession of, or owned by,
      the Vendor relating to the Properties, the Equipment, the Material
      Contracts, the Surface Rights and the Hydrocarbons, and or the use or
      operation thereof, including, but not limited to, the books and records of
      account of the Vendor relating to the Properties, the Equipment, the
      Material Contracts, the Surface Rights and the Hydrocarbons, all
      engineering, geological, well log and environmental reports or records and
      all division orders, save and except for (i) records that the Vendor is
      prohibited from disclosing or transferring under any third party
      agreement, (ii) information entitled to legal privilege, including
      attorney work product and attorney-client communications (but not
      including any title opinions or title review reports, which are
      specifically included in the Records), (iii) economic projections, and
      (iv) records of offers from, or negotiations with, the Purchase or third
      parties with respect to the proposed purchase and sale of the Assets (the
      “Records”).

2.2 In consideration of the sale of the Assets by the Vendor to
the Purchaser, the Purchaser shall, subject to adjustment in accordance with
Section 2.3, pay to the Vendor the Cash Price and issue to the Vendor the
Purchaser Shares, both as follows:

	 	(a) 	
      upon the execution of this Agreement by the parties
      hereto, the Purchaser shall pay and issue to the Vendor the following (the
      “Deposit”):

	 	 	 	 
	 		(i) 	
      pay to the Vendor the sum of $100,000, and

	 	 	 	 
	 		(ii) 	
      issue to the Vendor 500,000 shares of the Purchaser’s
      common stock; and

	 	 	 	 
	 	(b) 	
      upon Closing, the Purchaser
shall:

5

			(i) 	pay to the Vendor the sum of $4,900,000, and
	 	 	 	 
			(ii) 	issue to the Vendor 6,500,000 shares of the Purchaser’s common
    stock.
	 	 	 	 
	2.3 	
      Upon Closing, the Cash Price shall be adjusted as
      follows:

	 	 	 	 
		(a) 	
      The Cash Price shall be adjusted upwards by the following
      amounts:

	 	 	 	 
			(i) 	
      Oil stock tank inventories attributable to the Vendor as
      of the Effective Date, to be gauged on the morning of the Effective Date,
      and valued at the actual unit price paid by Navajo Refining Company of
      Artesia, New Mexico for the production month prior to the date of Closing,
      provided that the net stock gauge will exclude the bottom 14 inches of
      tank volume, considered to be the bottom of the sales line outlet of
      standard API stock tank construction. A deduction assumption of one-tenth
      of one percent (0.1%) shall be used to account for BS&W
  content;

	 	 	 	 
			(ii) 	
      The amount of all expenditures (including, without
      limitation, royalties, rentals and other charges, ad valorem, property,
      production, excise, severance, windfall profit and other taxes based upon
      or measured by the ownership of property or the production of hydrocarbons
      or the receipt of proceeds therefrom, expenses billed under applicable
      operating agreements and, in the absence of an operating agreement,
      expenses of the sort customarily billed under such agreements) paid by or
      on behalf of the Vendor in connection with the operation of the Assets
      from the Effective Date to the Closing Date;

	 	 	 	 
			(iii) 	
      An amount equal to all prepaid expenses attributable to
      the Assets that are paid by or on behalf of the Vendor prior to the
      Closing Date and that are, in accordance with the Vendor’s usual business
      practices, attributable to the period after the Effective Date, including,
      without limitation, prepaid ad valorem, property, production, severance
      and similar taxes and assessments (but not including income taxes) based
      upon or measured by the ownership of property or the production of
      hydrocarbons or the receipt of proceeds therefrom; and

	 	 	 	 
			(iv) 	
      Any other amount agreed upon in writing by the Vendor and
      the Purchaser.

	 	 	 	 
		(b) 	
      The Cash Price shall be adjusted downwards by the
      following amounts:

	 	 	 	 
			(i) 	
      The proceeds, if any, received by the Vendor and
      attributable to the Assets that are, in accordance with generally accepted
      accounting principles, attributable to the period of time from the
      Effective Date to the Closing Date;

	 	 	 	 
			(ii) 	
      An amount equal to all unpaid ad valorem, property,
      production, severance and similar taxes and assessments (but not including
      income taxes) based upon or measured by the ownership of property or the
      production of hydrocarbons or the receipt of proceeds therefrom accruing
      to the Assets prior to the Effective Date, which amount shall be computed
      based upon such taxes against the applicable portion of the Assets for the
      preceding calendar year or, if such taxes are assessed on other than a
      calendar year basis, for the tax related year last ended;
  and

6

	 	(iii) 	
      Any other amount agreed upon in writing by the Vendor and
      the Purchaser.

2.4 In addition to the Cash Price and the Purchaser Shares paid
and issued by the Purchaser to the Vendor in accordance with Section 2.2, upon
Closing the Purchaser shall assign to the Vendor a 2.5% of 8/8 overriding
royalty interest in the oil, gas and associated liquid hydrocarbons produced
from the Properties, without proportionate reduction, pursuant to the form of
assignment set out in Schedule D. 

2.5 In the event that the Vendor satisfies its obligations
hereunder and is ready, willing and able to close the transactions contemplated
herein and the transactions contemplated in this Agreement do not close for any
reason (except for the malfeasance of the Vendor or the breach by the Vendor of
any of the covenants, representations, warranties or conditions of Closing
contained in this Agreement) the Vendor shall be entitled to retain the Deposit
paid to the Vendor in accordance with Section 2.2(a) free and clear of any liens
and encumbrances. In the event that the transactions contemplated in this
Agreement do not close as a result of the malfeasance of the Vendor or the
breach by the Vendor of any of the covenants, representations, warranties or
conditions of Closing contained in this Agreement, the Vendor shall return the
full amount of the Deposit to the Purchaser.

3. SECURITIES ACT PROVISIONS

3.1 The Vendor acknowledges and agrees that the Purchaser
Shares will be issued by the Purchaser to the Vendor pursuant to the exemptions
from the registration requirements of the Securities Act set out in Rule 506 of
Regulation D promulgated under the Securities Act, that the Purchaser Shares
shall be “restricted securities” under the Securities Act and the rules and
regulations promulgated thereunder, and that any certificates representing the
Purchaser Shares will be endorsed with a legend substantially similar to the
following in accordance with Regulation D of the Securities Act:

  “THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE
    NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE "ACT"), AND HAVE
    BEEN ISSUED IN RELIANCE UPON AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS
    OF THE ACT PROVIDED BY REGULATION D PROMULGATED UNDER THE ACT. SUCH SECURITIES
    MAY NOT BE REOFFERED FOR SALE OR RESOLD OR OTHERWISE TRANSFERRED EXCEPT PURSUANT
    TO AN EFFECTIVE REGISTRATION UNDER THE ACT OR PURSUANT TO AN AVAILABLE EXEMPTION
    FROM REGISTRATION UNDER THE ACT. ”

3.2 The Vendor agrees not to resell the Purchaser Shares unless
such resale is made pursuant to an effective registration under the Securities
Act, or pursuant to an available exemption from the registration requirements of
the Securities Act

3.3 The Vendor covenants, represents and warrants to the
Purchaser as follows, and acknowledges that the Purchaser is relying upon such
covenants, representations and warranties in connection with the sale of the
Purchaser Shares to the Vendor:

	 	(a) 	
      The Vendor is an "accredited investor" as defined in Rule
      501 of Regulation D of the Securities Act.

	 	 	 
	 	(b) 	
      An investment in the Purchaser’s securities is highly
      speculative, and the Vendor is an investor in securities of companies in
      the development stage and acknowledges

7

	 		
      that it is able to fend for itself, can bear the economic
      risk of his investment, has such knowledge and experience in financial or
      business matters such that he is capable of evaluating the merits and
      risks of the investment in the securities of the Purchaser.

	 	 	 
	 	(c) 	
      The Vendor can bear the economic risk of an investment in
      the securities of the Purchaser.

	 	 	 
	 	(d) 	
      The Vendor has had full opportunity to review the
      Purchaser’s filings with the SEC, including the Purchaser’s annual reports
      on Form 10-KSB, quarterly reports on Form 10-QSB, Current Reports on Form
      8-K and additional information regarding the business and financial
      condition of the Purchaser. The Vendor believes it has received all the
      information it considers necessary or appropriate for deciding whether to
      purchase the Purchaser Shares. The Vendor further represents that it has
      had an opportunity to ask questions and receive answers from the Purchaser
      regarding the terms and conditions of the offering of the Purchaser Shares
      under this Agreement and the business, properties, prospects and financial
      condition of the Purchaser. The Vendor has had full opportunity to discuss
      this information with the Vendor’s legal and financial advisers prior to
      execution of this Agreement.

	 	 	 
	 	(e) 	
      The Vendor acknowledges that he has been informed that
      the offering of the Purchaser Shares by the Purchaser has not been
      reviewed by the SEC and that the Purchaser Shares are being issued by the
      Purchaser pursuant to an exemption from registration under the Securities
      Act.

	 	 	 
	 	(f) 	
      The Vendor understands that the Purchaser Shares will be
      "restricted securities" under the Securities Act and the rules and
      regulations promulgated thereunder as they are being acquired from the
      Purchaser in a transaction not involving a public offering and that under
      such laws and applicable regulations such securities may be resold without
      registration under the Securities Act only in certain limited
      circumstances. In this connection, the Vendor represents that it is
      familiar with SEC Rule 144, as presently in effect, and understands the
      resale limitations imposed thereby and by the Securities Act and the rules
      and regulations promulgated thereunder.

	 	 	 
	 	(g) 	
      The Vendor is acquiring the Purchaser Shares for
      investment purposes only, and for the Vendor's own account, not as a
      nominee or agent, and not with a view to the resale or distribution of any
      part thereof, and that the Vendor has no present intention of selling,
      granting any participation in, or otherwise distributing the same. The
      Vendor does not have any contract, undertaking, agreement or arrangement
      with any person to sell, transfer or grant participations to such person
      or to any third person, with respect to any of the Purchaser
  Shares.

	 	 	 
	 	(h) 	
      The Vendor acknowledges that the Purchaser is in the
      early stages of development of its business and may require substantial
      funds in the near future in order to continue as a going
concern.

	 	 	 
	 	(i) 	
      The Vendor is not aware of any general solicitation or
      advertisement of the Purchaser Shares.

8

4. COVENANTS, REPRESENTATIONS AND WARRANTIES OF
THE VENDOR

     The Vendor covenants with and
represents and warrants to the Purchaser as follows, and acknowledges that the
Purchaser is relying upon such covenants, representations and warranties in
entering into this Agreement:

4.1 The Vendor has the power and capacity to own and dispose of
the Assets and to enter into this Agreement and to carry out its terms to the
full extent, and this Agreement constitutes a legal, valid and binding
obligation of the Vendor in accordance with its terms.

4.2 The Assets are owned by the Vendor as the legal and
beneficial owner thereof, with Defensible Title thereto.

4.3 The Vendor is not a non-resident alien, foreign
corporation, foreign partnership, foreign trust or foreign estate (as those
terms are defined in the Code).

4.4 Subject to the Permitted Encumbrances and the contracts set
out in Schedule C, no person, firm, corporation or other entity has any
contracts to purchase production from the Assets and, subject to the Rights of
First Refusal, no person, firm, corporation or other entity has any agreement or
option or any right or privilege (whether by law, pre-emptive or contractual)
capable of becoming an agreement or option for the purchase from the Vendor of
any of the Assets.

4.5 The books and records of the Vendor fairly and correctly
set out and disclose in all material respects, in accordance with generally
accepted accounting principles, the financial performance and position of the
Vendor as they relate to the Assets, and all material financial transactions of
the Vendor relating to the Assets have been accurately and consistently recorded
in such books and records.

4.6 Subject to the Rights of First Refusal, the entering into
of this Agreement and the consummation of the transactions contemplated hereby
will not result in the violation of any of the terms and provisions of any
indenture, instrument or agreement, written or oral, to which the Vendor may be
a party.

4.7 The entering into of this Agreement and the consummation of
the transactions contemplated hereby will not, to the best of the knowledge of
the Vendor, result in the violation of any law or regulation of the United
States, the State of New Mexico or in any other state governing the Assets or of
any municipal bylaw or ordinance to which the Vendor or the Assets may be
subject.

4.8 This Agreement has been duly authorized, validly executed
and delivered by the Vendor.

4.9 Except as provided in Schedule F, there are no actions,
suits or proceedings (whether or not purportedly on behalf of the Vendor),
pending or, to the best of the Vendor’s knowledge, threatened against or
affecting the Vendor or the Assets, which might result in the impairment or loss
of the Vendor’s right, title or interest in or to the Assets, or which might
otherwise have a material adverse effect on the Assets, at law or in equity, or
before or by any federal, state, municipal or other governmental department,
commission, board, bureau, agency or instrumentality, domestic or foreign and
the Vendor is not aware of any existing ground on which any such action, suit or
proceeding might be commenced with any reasonable likelihood of success.

9

4.10 The Vendor is not in material default or breach of any
material contracts, agreements, written or oral, indentures or other instruments
to which it is a party and which affect the Assets, and there are no facts,
which, after notice or lapse of time or both, that would constitute such a
default or breach, and all such contracts, agreements, indentures or other
instruments are now in good standing and the Vendor is, and, if applicable, the
Purchaser will be, entitled to all benefits thereunder.

4.11 The Vendor has made full disclosure to the Purchaser of
all aspects of the Assets and has made all of its books and records available to
the representatives of the Purchaser in order to assist the Purchaser in the
performance of its due diligence searches and no material facts in relation to
the Assets have been concealed by the Vendor.

4.12 The Vendor is not in default, and has not received any
notice of default, with respect to any order, writ, injunction or decree of any
court or of any commission or administrative agency, which might result in the
impairment or loss of the Vendor’s interest in and to the Assets, or which might
otherwise have a material adverse effect on the Assets.

4.13 The execution, delivery and performance of this Agreement
by the Vendor will not result in any violation of, or be in conflict with or
constitute a default under any judgment, decree, order, statute, regulation,
rule or license applicable to the Vendor.

4.14 The Agreement, and any other agreements delivered in
connection with this Agreement or the transactions contemplated herein,
constitute valid and binding obligations of the Vendor, enforceable against the
Vendor in accordance with their terms.

4.15 All taxes and assessments based on, or measured by, the
ownership or operation of the Assets by the Vendor, or the receipt of proceeds
therefrom, and all royalties accruing before the Closing Date, that are payable
by the Vendor, have been, or will be, properly paid and discharged prior to the
date they become due.

4.16 All of the Assets operated by the Vendor have been
operated in accordance with generally accepted oil and gas oilfield practices
and in material compliance with all applicable statutes, laws, rules,
regulations, orders and directions of governmental and other competent
authorities, provided that nothing in this representation and warranty shall be
construed as a statement by the Vendor on any matter pertaining to the
environmental status of the Assets, its compliance with any applicable
environmental laws or the presence or absence of environmental damage or
contamination or other environmental concern, defect or environmental
liability.

4.17 The Vendor has not received, and has no knowledge of:

	 	(a) 	
      Other than as listed in Schedule F, any orders or
      directives under any applicable environmental laws which relate to
      environmental matters of a material nature and which require any work,
      repairs, construction or capital expenditures with respect to the Assets,
      where such orders or directives have not, as of the date of this
      Agreement, been complied with in all material respects or will not, as of
      the Closing Date, be complied with in all material respects; or

	 	 	 
	 	(b) 	
      any demand or notice issued with respect to the breach of
      any applicable environmental laws, including, without limitation, any
      breach respecting the use, storage, treatment, transportation or
      disposition of environmental contaminants, which demand or notice remains
      outstanding on the date of this Agreement.

10

4.18 There are no bankruptcy proceedings pending, being
contemplated by or threatened against the Vendor.

4.19 The Vendor has not received written notice of any pending,
and has no knowledge of any threatened proceeding, action, suit, claim or
investigation before any federal, state or other governmental court, or any
arbitrator, board of arbitration or similar entity involving the Assets or which
could otherwise materially affect or impair the Vendor’s ownership of the Assets
and his ability to complete the transactions contemplated in this Agreement.

4.20 Other than the Rights of First Refusal there are no
preferential, pre-emptive, first purchase right, right of first refusal or
similar rights in respect of the Assets.

4.21 Other than the Material Contracts set out in Schedule C,
the Vendor is not a party to, and the Vendor’s interest in and to the Assets is
not otherwise bound or affected by, any production sales contracts pertaining to
the Assets or any of them that cannot be terminated on 30 days notice or less,
without penalty or other cost.

4.22 The Vendor is not currently undergoing any unresolved
audit or audits relating to any applicable joint operating agreements, or being
conducted by any governmental authority for the failure to pay, an improper
payment of, or any miscalculation of any royalties or taxes.

4.23 The Vendor has not incurred any liability, whether
contingent or otherwise, for brokers’ or finders’ fees relating to the
transactions set out in this Agreement for which the Purchaser shall have any
responsibility whatsoever.

4.24 To the knowledge of the Vendor, after reasonable
investigation, there exists no imbalance regarding production taken or marketed
from the Assets which could result in (i) a portion of the Vendor’s interest in
the production therefrom to be taken or delivered after the Closing Time without
the Purchaser receiving payment therefore at a price that the Purchaser would
have been entitled to in the absence of such imbalance; (ii) the Vendor being
obligated to make payments to any person or entity as a result of such
imbalance; or (iii) production from the Assets being shut-in or curtailed after
the Closing Time due to non-compliance with allowable production quotas,
proration rules or similar orders or regulations of governmental authorities.
The Vendor is not obligated, by virtue of any prepayment, arrangement,
take-or-pay agreement or similar arrangement, to deliver the Hydrocarbons at
some future time without receiving full payment therefore.

4.25 To the knowledge of the Vendor, after reasonable
investigation, the purchasers under any contracts under which the Vendor is
selling Hydrocarbons from the Assets are in full compliance with the material
terms and conditions of such contracts, and the Vendor has received no notice
from any such purchaser of their intention or desire to modify, renegotiate,
repudiate or default from the material terms or conditions of such
contracts.

4.26 All consents, permits, approvals or other authorizations
necessary to the proper operation of the Assets have been obtained by the Vendor
and are, and will remain from the date of this Agreement to the Closing Date, in
good standing with respect thereto.

4.27 Notwithstanding any provisions of this Agreement to the
contrary, the Vendor makes no representations or warranties with respect to the
Assets, except for those contained in Sections 4.1 to 4.27. The Vendor disclaims
any liability or responsibility for any representation or warranty, whether
express or implied, in respect of:

	 	(a) 	
      the quantity, quality or recoverability of Hydrocarbons
      from the Assets; or

11

	 	(b) 	
      estimates of prices or future cash flows arising from the
      sale of Hydrocarbons produced from the Assets or estimates of other
      revenues attributable to the Assets.

4.28 Subject to Sections 4.1 through 4.27 above: THE ASSETS ARE
BEING CONVEYED TO AND ASSIGNED TO AND ACCEPTED BY THE PURCHASER IN THEIR “AS IS,
WHERE IS” CONDITION AND STATE OF REPAIR AND WITH ALL FAULTS AND DEFECTS WITHOUT
ANY REPRESENTATION, WARRANTY OR COVENANT OF ANY KIND OR NATURE, EXPRESS, IMPLIED
OR STATUTORY, INCLUDING BUT NOT LIMITED TO, WARRANTIES OF MERCHANTABILITY,
QUALITY, CONDITION AND/OR FITNESS FOR A PARTICULAR PURPOSE, ALL OF WHICH ARE
EXPRESSLY DISCLAIMED. IT IS UNDERSTOOD AND AGREED THAT THE PURCHASER HAS
INSPECTED THE LEASES, THE EQUIPMENT AND THE ASSETS AND SATISFIED ITSELF AS TO
THEIR PHYSICAL CONDITION AND THAT THE PURCHASER SHALL ACCEPT ALL OF THE SAME IN
THEIR “AS IS, WHERE IS” STATE OF REPAIR AND WITH ALL FAULTS AND DEFECTS. IN
ADDITION, VENDOR MAKES NO REPRESENTATION, COVENANT OR WARRANTY, EXPRESS, IMPLIED
OR STATUTORY, CONCERNING THE QUALITY OR QUANTITY OF HYDROCARBONS OR THE ABILITY
OF THE ASSETS TO PRODUCE HYDROCARBONS OR THE PRICES WHICH PURCHASER IS OR WILL
BE ENTITLED TO RECEIVE FOR ANY SUCH HYDROCARBONS.

4.29 At the request, and at the cost of the Purchaser, the
Vendor shall, both before and after Closing:

	 	(a) 	
      execute and deliver to the Purchaser all documents, and
      will do all such other acts and things, as may be necessary or desirable
      to complete, ensure and perfect the sale of the Assets to the Purchaser;
      and

	 	 	 
	 	(b) 	
      use its best efforts to assist the Purchaser in obtaining
      those bonds set out in Section 5.17 and any other bonds, permits,
      consents, licenses or permissions necessary to permit the Purchaser to act
      as an operator of the Assets.

5. COVENANTS, REPRESENTATIONS AND WARRANTIES OF
THE PURCHASER

     The Purchaser covenants with and
represents and warrants to the Vendor as follows and acknowledges that the
Vendor is relying upon such covenants, representations and warranties in
entering into this Agreement:

5.1 The Purchaser has been duly incorporated and organized and
is validly subsisting under the laws of the State of Nevada; it is a reporting
issuer under the Exchange Act and is in good standing with respect to all
filings required to be made under the Exchange Act with the SEC; it has the
corporate power to own or lease its properties and to carry on its business as
now being conducted by it; and it is duly qualified as a corporation to do
business and is in good standing with respect thereto in each jurisdiction in
which the nature of its business or the property owned or leased by it makes
such qualification necessary.

5.2 The authorized capital of the Purchaser consists of
2,500,000,000 shares of common stock with a par value $0.001 per share, of which
100,087,500 shares are currently issued and outstanding as fully paid and
non-assessable.

5.3 The Purchaser Audited Financial Statements present fairly
the assets, liabilities (whether accrued, absolute, contingent or otherwise) and
the financial condition of the Purchaser as at the date thereof.

12

5.4 The Purchaser Unaudited Financial Statements present fairly
the assets, liabilities (whether accrued, absolute, contingent or otherwise) and
the financial condition of the Purchaser as of the date thereof and there will
not be, prior to the Closing Date, any material increase in such
liabilities.

5.5 There have been no material adverse changes in the
financial position or condition of the Purchaser or damage, loss or destruction
materially affecting the business or property of the Purchaser since the date of
the Purchaser Unaudited Financial Statements except as may be disclosed by the
Purchaser in its Exchange Act filings with the SEC.

5.6 The Purchaser has made full disclosure to the Vendor of all
material aspects of the Purchaser's business and has made all of its books and
records available to the representatives of the Vendor in order to assist the
Company in the performance of its due diligence searches and no material facts
in relation to the Purchaser's business have been concealed by the
Purchaser.

5.7 Except as disclosed in Schedule F, there are no actions,
suits or proceedings (whether or not purportedly on behalf of the Purchaser),
pending or threatened against or affecting the Purchaser or affecting the
Purchaser's business, at law or in equity, or before or by any federal, state,
municipal or other governmental department, commission, board, bureau, agency or
instrumentality, domestic or foreign and the Purchaser is not aware of any
existing ground on which any such action, suit or proceeding might be commenced
with any reasonable likelihood of success.

5.8 The Purchaser's common shares are quoted on the OTC
Bulletin Board and the Purchaser is not in breach of any regulation, by-law or
policy of, or any of the terms and conditions of its quotation on the OTC
Bulletin Board applicable to the Purchaser or its operations.

5.9 The Purchaser does not currently have any employees other
than its sole executive officer and sole director, and is not party to any
collective agreements with any labour unions or other association of
employees.

5.10 The Purchaser is not indebted to any of its directors or
officers nor are any of the Purchaser's directors or officers indebted to the
Purchaser. 

5.11 The corporate charter, articles of incorporation and
bylaws and any other constating documents of the Purchaser in effect with the
appropriate corporate authorities as at the date of this Agreement will not have
been materially changed as at the Closing Date, other than the effectiveness of
the Articles of Merger filed by the Purchaser with the Nevada Secretary of State
on April 23, 2008 regarding the merger of the Purchaser’s wholly owned
subsidiary, Doral Energy Corp., with and into the Purchaser, with the Purchaser
continuing as the surviving corporation without any amendments to its articles
of incorporation other than the change of the Purchaser’s name to “Doral Energy
Corp.”, the effective date for which is April 28, 2008.

5.12 The entering into of this Agreement and the consummation
of the transactions contemplated hereby will not result in the violation of any
of the terms and provisions of the constating documents or bylaws of the
Purchaser or of any indenture, instrument or agreement, written or oral, to
which the Purchaser may be a party.

5.13 The entering into of this Agreement and the consummation
of the transactions contemplated hereby will not, to the best of the knowledge
of the Purchaser, result in the violation of any law or regulation of the United
States or the State of Nevada or of any local government bylaw or ordinance to
which the Purchaser or the Purchaser's business may be subject.

13

5.14 This Agreement has been duly authorized, validly executed
and delivered by the Purchaser.

5.15 No agreement has been made with Purchaser in respect of
the purchase and sale contemplated by this Agreement that could give rise to any
valid claim by any person against the Company or the Vendor for a finder's fee,
brokerage commission or similar payment.

5.16 The Purchaser has made, and will continue prior to the
Closing Date, to make its own independent examinations, investigations,
analysis, evaluation and verification of the Assets, including the Purchaser’s
own estimate and appraisal of the extent, value and recoverability of the
Hydrocarbons attributable to the Assets and, except for those representations
and warranties expressly made by the Vendor in Article 4, the Purchaser has
relied, and will continue to rely, solely on the same as to its assessment of
the condition, quantum and value of the Assets.

5.17 The Purchaser will, prior to Closing, obtain all bonds and
permits required of an operator to operate oil and gas leases in the State of
New Mexico as required by the Oil Conservation Division, the Office of the
Commissioner of Public Lands and the Bureau of Land Management.

6. ADDITIONAL COVENANTS AND AGREEMENTS

6.1 From the date of this Agreement to the Closing Time, the
Vendor shall, subject to the Material Contracts and any other agreements,
documents, permits or other instruments to which the Assets are subject:

	 	(a) 	
      maintain the Assets as a prudent oil and gas operator in
      accordance with generally accepted oil and gas industry practices,
      consistent with the Vendor’s past practices, and shall carry on its
      business in respect of the Assets in substantially the same manner as
      carried on by the Vendor prior to the execution of this Agreement, and in
      material compliance with all applicable laws, rules, regulations, orders
      and directors of governmental and other competent authorities;

	 	 	 
	 	(b) 	
      pay, or cause to be paid, all costs and expenses related
      to the Assets which become due from the date of this Agreement to the
      Effective Date; and

	 	 	 
	 	(c) 	
      perform and comply with all covenants and conditions
      contained in the Material Contracts and any other agreements, documents,
      permits or other instruments to which the Assets are
  subject.

6.2 Notwithstanding Section 6.1, the Vendor shall not, without
the prior written consent of the Purchaser, such consent not to be unreasonably
withheld:

	 	(a) 	
      make any commitment or propose, initiate or authorize any
      capital expenditure with respect to the Assets of which the Vendor’s share
      is in excess of $20,000;

	 	 	 
	 	(b) 	
      surrender or abandon any of the Assets;

	 	 	 
	 	(c) 	
      amend or terminate any Material Contract or any of the
      Leases, or enter into any new material agreement or commitment in respect
      of the Assets; or

	 	 	 
	 	(d) 	
      sell, encumber or otherwise dispose of any of the Assets
      or any part or portion thereof, excepting sale of the Hydrocarbons in the
      normal course of business.

14

6.3 Upon the execution of this Agreement by the parties hereto,
the Vendor shall make available to the Purchaser and the Purchaser’s authorized
representatives copies of all Leases, Material Contracts, Records and any other
agreements and documents to which the Assets are subject, to the extent that
they are in the Vendor’s possession. Notwithstanding the generality of the
forgoing, the Vendor shall make available to the Purchaser and the Purchaser’s
legal counsel copies of all Records in the Vendor’s possession relating to the
Vendor’s interest in and to the Assets.

6.4 The Vendor shall permit the Purchaser’s authorized
representatives to conduct, during normal business hours, and at the Purchaser’s
own cost, reasonable on-site inspection of the Assets. The Purchaser agrees to
indemnify and hold the Vendor harmless as to any claims or causes of action
(including attorneys fees and court costs) by the Purchaser’s agents,
contractors or employees resulting from said parties inspecting, or entering on
to, the Assets.

6.5 The Vendor shall deliver, or cause to be delivered, to the
Purchaser those audited and unaudited financial statements relating to the
Assets as are, in the opinion of the Purchaser’s auditors, necessary to permit
the Purchaser to make any required filings under the Exchange Act, and the rules
and regulations promulgated thereunder. The Vendor and the Purchaser agree that
the Purchaser shall select the independent auditors to perform the audit and
review of the financial statements set out in this Section, and shall pay for
the expenses associated with such audit and review. The Vendor and the Purchaser
agree that, in the event that it becomes necessary to hire third party
bookkeepers or accountants to prepare the financial statements set out in this
Section, the Vendor and the Purchaser shall each pay 50% of the costs thereof
for the first $20,000 of any costs so incurred. Any charges, fees or expenses
for third party bookkeepers or accountants greater than $20,000 shall be borne
solely by the Purchaser.

7. DEFECTS

7.1 If, prior to the Closing Date, all or any portion of the
Assets is destroyed by fire or other casualty, is taken in condemnation or under
the right of eminent domain or proceedings for such purposes are pending or
threatened (collectively, the “Casualty Losses”), the Purchaser may
elect:

	 	(a) 	
      to treat the Assets affected by such destruction, taking
      or pending or threatened taking as Defective Assets in accordance with
      Section 7.2;

	 	 	 
	 	(b) 	
      to purchase such Assets notwithstanding any such Casualty
      Losses (without reduction of the Purchase Price), in which case the Vendor
      shall, on the Closing Date, pay to the Purchaser all sums paid to the
      Vendor by any third parties by reason of the Casualty Losses and shall
      assign, transfer and set over unto the Purchaser all of the Vendor’s
      right, title and interest in and to any unpaid awards or other payments
      from third parties arising out of the Casualty Losses. The Vendor shall
      not voluntarily compromise, settle or adjust any amounts payable by reason
      of any such Casualty Losses without first obtaining the written consent of
      the Purchaser.

7.2 The Purchaser shall provide written notice of any Defective
Assets to the Vendor not less than ten (10) business days prior to the Closing
Date. Such notice shall be in writing and shall include a reasonable description
of the Defective Asset and the basis upon which the Purchaser believes such
Asset is to be treated as a Defective Asset.

7.3 Unless:

15

	 	(a) 	
      prior to the Closing Date, the basis for treating such
      Assets as Defective Assets has been removed or cured; or

	 	 	 
	 	(b) 	
      the Purchaser agrees to waive the relevant Title Defect,
      Environmental Defect or other defect and purchase the Defective Assets
      notwithstanding the defect,

any Defective Assets in respect of which the Purchaser has
provided notice to the Vendor in accordance with Section 7.2 shall be excluded
from the Assets to be purchased by the Purchaser under this Agreement and the
Purchase Price shall be reduced by the Allocated Value of the portion of the
Assets deemed defective (which reduction shall be called an “Exclusion
Adjustment”). Notwithstanding any provision of this Agreement to the
contrary, in the event that the Purchaser and the Vendor, acting in good faith,
are unable to agree that an Asset is defective under the provisions of this
Agreement (a “Disputed Asset”), the Purchaser may, at its sole
discretion, elect one of the following options: (1) the Purchaser may elect to
waive the relevant Title Defect, Environmental Defect or other defect and to
purchase the Disputed Asset(s) under the terms and conditions set out in this
Agreement notwithstanding such defect; or (2) the Purchaser may elect to remove
the Disputed Asset(s) from the purchase and sale contemplated under this
Agreement and the Purchase Price shall be reduced by the Allocated Value of such
Disputed Asset(s).

7.4 If, prior to the Closing Date, there has been any material
non-compliance with the laws, rules, regulations, ordinances or orders of any
governmental agency or authority having jurisdiction over any of the Assets,
resulting in risk of loss of the Vendors interest in and to any portion of the
Assets, the Vendors right and/or ability to sell the same to the Purchaser, or a
material diminution in the usability or value thereof, then the Purchaser may
elect to treat such of the Assets as are adversely affected by such
non-compliance as Defective Assets by giving Seller notice thereof in accordance
with Section 7.2.

7.5 If any Right of First Refusal is exercised in respect of
any portion of the Assets, that portion of the Assets subject to such Right of
First Refusal shall be removed from this sale and the Allocated Value of the
Assets for which such Right of First Refusal was exercised will be deducted from
the Cash Price and the Purchaser Shares. If any preferential, pre-emptive, first
purchase right, right of first refusal or similar right other than a Right of
First Refusal set out in Schedule I is exercised in respect of any portion of
the Assets, the Purchaser may, at its sole discretion, elect to treat that
portion of the Assets affected by the exercise of such right as Defective Assets
by giving the Vendor notice thereof in accordance with Section 7.2 and the
Purchase Price shall be reduced by the Allocated Value for such Assets.

7.6 If any necessary third party or governmental consent to the
assignment and sale contemplated in this Agreement is not obtained prior to the
Closing Date (except for the approval of assignments of leasehold interests and
operations of wells by regulatory authorities which will typically be obtained
in the regular course of business), the Purchaser may elect to treat that
portion of the Assets subject to such consent requirement as Defective Assets by
giving the Vendor notice thereof in accordance with Section 7.2.

7.7 If, prior to the Closing Date, the Purchaser becomes aware
of any suit, action or other proceeding before any court or government agency
(other than matters reflected on Schedule “C”) that would reasonably result in
loss or impairment of the Vendor’s right, title or interest in and to any
portion of the Assets or a substantial portion of the value thereof, the
Purchaser may elect to treat that portion of the Assets affected thereby as
Defective Assets by giving the Vendors notice thereof in accordance with Section
7.2.

7.8 If any inaccuracy in Schedule A results in a substantial
loss of value of a portion of

16

the Assets, the Purchaser may elect to treat that portion of
the Assets subject to such reduction in value as Defective Assets by giving the
Vendor notice thereof in accordance with Section 7.2. For purposes of this
Section 7.8 a loss of value shall not be deemed to be “substantial” unless the
loss of value with respect to a particular Asset is equal to or greater than the
greater of (i) 25% of the Cash Price multiplied by the Allocated Value for that
particular Asset; or (ii) $17,500.

7.9 None of the foregoing matters described in this Article 7
inclusive shall be considered Defective Assets unless the cumulative effect of
such matters on the value of a particular Asset is such that the value of that
particular Asset is reduced by an amount equal to or greater than the greater of
(i) 25% of the Cash Price multiplied by the Allocated Value for that particular
Asset; or (ii) $17,500, or in the case of an Environmental Defect, the amount
set out in Section 8.2.

7.10 Notwithstanding anything in this Agreement to the
contrary, in the event that the Vendor receives notice of, or otherwise becomes
aware of, any event or act which could reasonably be foreseen as causing the
Purchaser to treat any portion of the Assets as a Defective Asset, the Vendor
shall, within three (3) business days after the day the Vendor receives such
notice, or otherwise becomes aware of such event or act, provide written notice
thereof to the Purchaser.

7.11 In determining which portion of the Assets are Defective
Assets, it is the intent of the parties to include, when possible, only that
portion of the Assets affected by such defect or other basis for such Assets
being treated as Defective Assets.

8. ENVIRONMENTAL MATTERS

8.1 Upon the execution of this Agreement by both parties, the
Purchaser shall have the right, at its own risk and expense to conduct or have
conducted a Phase I environmental audit of the Assets, including ascertainment
of the existence of any wetlands. The Vendor agrees to provide the Purchaser, or
its authorized representatives, with reasonable access to the Assets in order to
allow such environmental audit to be conducted, subject to any restrictions on
Vendor with respect to access to the Assets. The Purchaser shall provide the
Vendor with three (3) business days written notice of the desired dates of
during which such environmental audit will be conducted, and the proposed
locations. The Vendor shall have the right to be present during any testing or
assessment and shall have a right to require splitting of all samples. The
Purchaser agrees to release, indemnify, defend and hold the Vendor harmless
against any liability, loss or damage to persons or property occurring
physically on the Assets as a result of any such environmental audit conducted
by the Purchaser or the Purchaser’s representatives. 

8.2 The Purchaser shall notify the Vendor, in writing, of any
adverse environmental conditions with respect to the Assets (an
“Environmental Defect”). For the purposes of this Agreement, an
Environmental Defect means an environmental condition that a regulatory agency
is likely to require to be remedied under applicable environmental laws. For
purposes of this Agreement, Environmental Defects shall be considered to be
material only if:

	 	(a) 	
      The cost of remediation to levels required by applicable
      environmental laws (the “Cost of Remediation”) is reasonably
      estimated to be greater than or equal to the greater of (i) 25% of the
      Cash Price multiplied by the Allocated Value for that particular Asset; or
      (ii) $17,500; or

	 	 	 
	 	(b) 	
      the cumulative Cost of Remediation with respect to all
      Environmental Defects identified by the Purchaser as affecting a
      particular Asset is reasonably estimated to be equal to or greater than
      the greater of (i) 25% of the Cash Price multiplied by the Allocated Value
      for that particular Asset; or (ii) $17,500.

17

The Purchaser shall treat all information relating to
Environmental Defects as confidential, whether material or not, and shall not
make any contact with any governmental authority or third party regarding the
same without the Vendor’s written consent unless required by applicable law.

8.3 Within 15 days after receipt of a notice described in
Section 8.2 with respect to each Environmental Defect, the Vendor may, at its
option, either:

	 	(a) 	
      agree with the Purchaser on an adjustment to the Purchase
      Price equal to the parties good faith estimate of the cost to remediate
      such Environmental Defect up to, but not greater than, the Allocated Value
      of the Asset subject to the Environmental Defect;

	 	 	 
	 	(b) 	
      remediate such condition at the Vendor’s own cost;
    or

	 	 	 
	 	(c) 	
      remove that portion of the Assets subject to the
      Environmental Defect from the Assets being conveyed and reduce the
      Purchase Price by the Allocated Value for that portion of the Assets
      removed.

If the Vendor and the Purchaser agree to an adjustment to the
Purchase Price pursuant to Section 8.3(a), the Purchaser shall proceed to
purchase the Assets including the portion of the Assets with the environmental
condition.

8.4 THE PURCHASER AGREES TO ACCEPT ALL RESPONSIBILITY AND
LIABILITY FOR THE ENVIRONMENTAL CONDITION OF THE ASSETS, INCLUDING BUT NOT
LIMITED TO ALL CLAIMS OF WHICH PURCHASER IS AWARE, CAUSES OF ACTION, FINES,
LOSSES, COSTS AND EXPENSES, INCLUDING BUT NOT LIMITED TO COSTS TO CLEAN OR
REMEDIATE, IN ACCORDANCE WITH AND TO THE EXTENT REQUIRED BY APPLICABLE LAW. IN
THE EVENT THE VENDOR ELECTS TO REMEDIATE AN ENVIRONMENTAL CONDITION OR TO REMOVE
THAT PORTION OF THE ASSETS AFFECTED BY AN ENVIRONMENTAL CONDITION FROM THE
ASSETS, THE VENDOR AGREES TO RELEASE THE PURCHASER FROM ANY AND ALL LIABILITY
AND RESPONSIBILITY FOR SUCH ENVIRONMENTAL CONDITION AND AGREES TO INDEMNIFY,
DEFEND AND HOLD BUYER HARMLESS FROM ANY AND ALL CLAIMS, CAUSES OF ACTION, FINES,
EXPENSES, COSTS, LOSSES AND LIABILITIES WHATSOEVER (INCLUDING, WITHOUT
LIMITATION, ATTORNEY'S FEES AND COSTS) ARISING FROM, OR IN CONNECTION WITH, SUCH
ENVIRONMENTAL CONDITION.

8.5 THE PURCHASER AGREES TO INDEMNIFY, DEFEND AND HOLD THE
VENDOR HARMLESS FROM ANY AND ALL CLAIMS, CAUSES OF ACTION, FINES, EXPENSES,
COSTS, LOSSES AND LIABILITIES WHATSOEVER (INCLUDING, WITHOUT LIMITATION,
ATTORNEYS’ FEES AND COSTS) IN CONNECTION WITH THE OPERATION OF THE ASSETS OR THE
ENVIRONMENTAL CONDITION OF THE ASSETS OR LEASES:

	 	(a) 	
      RESULTING FROM THE VENDOR’S OPERATION OF THE ASSETS
      FROM AND AFTER THE CLOSING DATE, IN ACCORDANCE WITH ANY APPLICABLE LAW;
      OR

	 	 	 
	 	(b) 	
      REASONABLY ATTRIBUTABLE TO THE VENDOR’S OPERATION OF
      THE ASSETS PRIOR TO THE CLOSING DATE (A “PRIOR EXISTING ENVIRONMENTAL
      DEFECT”) UNLESS:

18

	 		(i) 	
      A CLAIM OR ACTION, OR NOTICE OF CLAIM OR ACTION OF A
      THIRD PARTY IS MADE OR RECEIVED BY OR TO THE PURCHASER OR THE VENDOR WITH
      RESPECT TO SUCH PRIOR EXISTING ENVIRONMENTAL DEFECT WITHIN SIX (6) MONTHS
      AFTER THE CLOSING DATE, OR

	 	 	 	 
	 		(ii) 	
      EITHER THE PURCHASER OR THE VENDOR RECEIVES NOTICE OF
      SUCH PRIOR EXISTING ENVIRONMENTAL DEFECT WITHIN 6 MONTHS AFTER THE CLOSING
      DATE; OR

	 	 	 	 
	 	(c) 	
      RESULTING FROM THE PURCHASER’S OPERATION OF THE ASSETS
      FROM AND AFTER THE CLOSING DATE, AS WELL AS THOSE RESULTING FROM THE
      PURCHASER’S FAILURE TO PROPERLY REMEDIATE THE SAME IN, IN ACCORDANCE WITH
      ANY APPLICABLE LAW.

	 	 	 	 
	 	(d) 	
      FOR PURPOSES OF THIS SECTION 8.5, THE TERM “THIRD
      PARTY” SHALL MEAN ANY PERSON, PARTY OR ENTITY OTHER THAN THE PURCHASER OR
      THE PURCHASER’S OFFICERS OR DIRECTORS AS NOW OR HEREAFTER
      CONSTITUTED.

8.6 THE VENDOR AGREES TO INDEMNIFY, DEFEND AND HOLD THE
PURCHASER HARMLESS FROM ANY AND ALL CLAIMS, CAUSES OF ACTION, FINES, EXPENSES,
COSTS, LOSSES AND LIABILITIES WHATSOEVER (INCLUDING, WITHOUT LIMITATION,
ATTORNEYS’ FEES AND COSTS) RELATING TO A PRIOR EXISTING ENVIRONMENTAL DEFECT FOR
WHICH A CLAIM, ACTION OR NOTICE IS MADE OR RECEIVED AS SET OUT IN SECTIONS
8.5(b)(i) OR 8.5(b)(ii) .

8.7 TO THE EXTENT THAT ANY PARTY TO THIS AGREEMENT (THE
“INDEMNITEE”) SEEKS INDEMNIFICATION FROM ANOTHER PARTY TO THIS AGREEMENT (THE
“INDEMNITOR”) PURSUANT TO THE PROVISIONS OF THIS ARTICLE 8, THE INDEMNITEE SHALL
PROVIDE WRITTEN NOTICE TO THE INDEMNITOR OF ANY CLAIM, DEMAND, ACTION OR SUIT
FOR WHICH HE, SHE OR IT IS SEEKING INDEMNIFICATION AS SOON AS REASONABLY
PRACTICABLE AFTER THE INDEMNITEE HAS RECEIVED NOTICE THEREOF. THE INDEMNITOR
SHALL, AT THEIR OWN COST AND EXPENSE, DEFEND OR CAUSE TO BE DEFENDED ANY AND ALL
SUCH ACTIONS OR SUITS THAT MAY BE BROUGHT AGAINST THE INDEMNITEE AND, IN ANY
EVENT, SHALL SATISFY, PAY, DISCHARGE ANY AND ALL JUDGMENTS, AWARDS, PENALTIES,
COSTS AND FINES THAT MAY BE RECOVERED AGAINST THE INDEMNITEE IN ANY SUCH ACTION,
PLUS ALL ATTORNEYS’ FEES AND COSTS OF THE INDEMNITEE RELATED THERETO, TO THE
EXTENT PERMITTED BY APPLICABLE LAW. THE INDEMNITEE SHALL NOT SETTLE ANY CLAIM,
DEMAND, ACTION OR SUIT FOR WHICH THE INDEMNITEE IS SEEKING INDEMNIFICATION
THEREFOR FROM THE INDEMNITOR WITHOUT FIRST (I) GIVING WRITTEN NOTICE TO THE
INDEMNITOR OF THE INDEMNITEE’S DESIRE TO SETTLE; AND (II) OBTAINING THE WRITTEN
CONSENT OF THE INDEMNITOR TO SUCH SETTLEMENT, WHICH (SUBJECT TO THE INDEMNITOR’S
RIGHT TO DEFEND) THE INDEMNITOR SHALL NOT UNREASONABLY WITHHOLD. THE INDEMNITOR
SHALL HAVE THE RIGHT, AT THEIR SOLE OPTION, TO REMEDIATE, AT THEIR SOLE EXPENSE,
THE CAUSE OF THE CLAIM, DEMAND, ACTION OR SUIT AS AN ALTERNATIVE FORM OF
SETTLEMENT.

8.8 NOTWITHSTANDING ANYTHING IN THIS AGREEMENT TO THE
CONTRARY, THE INDEMNITIES MADE BY THE PURCHASER IN THIS ARTICLE 8 SHALL NOT
APPLY TO

19

THE REMEDIATION OF NORMALLY OCCURRING RADIOACTIVE MATERIAL
("NORM”) THAT MAY BE FOUND ON THE LANDS EXCEPT THAT SUCH INDEMNITIES WILL APPLY
TO NORM REMEDIATION REQUIRED AS A RESULT OF PRODUCTION OF OIL AND GAS FROM THE
LANDS BY THE PURCHASER AFTER THE CLOSING DATE.

9. CONDITIONS OF CLOSING

9.1 All obligations of the Purchaser under this Agreement are
subject to the fulfilment, at or prior to the Closing Date, of the following
conditions:

	 	(a) 	
      The respective representations and warranties of the
      Vendor contained in this Agreement or in any Schedule hereto or
      certificate or other document delivered to the Purchaser pursuant hereto
      shall be substantially true and correct as of the date hereof and as of
      the Closing Date with the same force and effect as though such
      representations and warranties had been made on and as of such date,
      regardless of the date as of which the information in this Agreement or
      any such Schedule or certificate is given, and the Purchaser shall have
      received on the Closing Date certificates dated as of the Closing Date, in
      forms satisfactory to legal counsel for the Purchaser and signed under
      seal by the Vendor to the effect that his representations and warranties
      referred to above are true and correct on and as of the Closing Date with
      the same force and effect as though made on and as of such date, provided
      that the acceptance of such certificates and the closing of the
      transactions herein provided for shall not be a waiver of the respective
      representations and warranties contained in this Agreement or in any
      Schedule hereto or in any certificate or document given pursuant to this
      Agreement which covenants, representations and warranties shall continue
      in full force and effect for the benefit of the Purchaser;

	 	 	 	 
	 	(b) 	
      the Vendor shall have delivered to the Purchaser a
      certificate in form and substance satisfactory to the Purchaser, dated as
      of the Closing Date, to the effect that:

	 	 	 	 
	 		(i) 	
      the Vendor owns, possesses and has Defensible Title to
      the Assets, free and clear of any and all mortgages, liens, pledges,
      charges, security interests, encumbrances, actions, claims or demands of
      any nature whatsoever and howsoever arising;

	 	 	 	 
	 		(ii) 	
      all consents, permits, approvals or other authorizations
      necessary to the proper operation of the Assets as they are currently
      being operated by the Vendor have been obtained by the Vendor and remain
      in good standing with respect thereto; and

	 	 	 	 
	 		(iii) 	
      all necessary approvals, consents, permits or other
      authorizations, and all necessary steps and proceedings, have been
      obtained or taken, or will be obtained in the regular course of business
      after the Closing Date, to permit the Assets to be duly and validly
      transferred to and, where applicable, registered in the name of the
      Purchaser.

	 	 	 	 
	 	(c) 	
      At the Closing Date there shall have been no materially
      adverse change in the status or condition of the Assets that could have a
      materially adverse affect on the Assets or upon the Vendor’s ability to
      transfer and sell the same to the Purchaser on the terms and conditions
      set out in this Agreement.

20

	 	(d) 	
      No substantial damage by fire or other hazard to the
      Assets shall have occurred prior to the Closing Date.

	 	 	 
	 	(e) 	
      The Vendor shall have delivered, or shall have caused to
      be delivered, to the Purchaser those financial statements specified in
      Section 6.5.

	 	 	 
	 	(f) 	
      The Vendor shall have provided proof, reasonably
      satisfactory to the Purchaser, that those matters set out in Schedule F
      have been satisfactorily, and definitively, resolved.

	 	 	 
	 	(g) 	
      The Vendor shall have delivered to the Purchaser an
      Affidavit of Liens and Encumbrances in substantially the same form as set
      out in Schedule H.

	 	 	 
	 	(h) 	
      The Purchaser shall have completed its due diligence
      investigations with respect to the Assets, and to the affairs of the
      Vendor as they relate thereto, to its reasonable
  satisfaction.

9.2 In the event any of the foregoing conditions contained in
paragraph 9.1 hereof are not fulfilled or performed at or before the Closing
Date to the reasonable satisfaction of the Purchaser, the Purchaser may
terminate this Agreement by written notice to the Vendor and in such event the
Purchaser shall be released from all further obligations hereunder but any of
such conditions may be waived in writing in whole or in part by the Purchaser
without prejudice to its rights of termination in the event of the
non-fulfilment of any other conditions.

9.3 All obligations of the Vendor under this Agreement are
subject to the fulfilment, at or prior to the Closing Date, of the following
conditions:

	 	(a) 	
      The representations and warranties of the Purchaser
      contained in this Agreement or in any Schedule hereto or certificate or
      other document delivered to the Vendor pursuant hereto shall be
      substantially true and correct as of the date hereof and as of the Closing
      Date with the same force and effect as though such representations and
      warranties had been made on and as of such date, regardless of the date as
      of which the information in this Agreement or any such Schedule or
      certificate is given, and the Vendor shall have received on the Closing
      Date a certificate dated as of the Closing Date, in a form satisfactory to
      the Vendor and signed under seal by a senior officer of the Purchaser, to
      the effect that such representations and warranties referred to above are
      true and correct on and as of the Closing Date with the same force and
      effect as though made on and as of such date, provided that the acceptance
      of such certificate and the closing of the transaction herein provided for
      shall not be a waiver of the representations and warranties contained in
      Article 4 or in any Schedule hereto or in any certificate or document
      given pursuant to this Agreement which covenants, representations and
      warranties shall continue in full force and effect for the benefit of the
      Vendor.

	 	 	 	 
	 	(b) 	
      The Purchaser shall have caused to be delivered to the
      Vendor a certificate of an officer of the Purchaser, in form and substance
      satisfactory to the Vendor, dated as of the Closing Date, to the effect
      that:

	 	 	 	 
	 		(i) 	
      the Purchaser has been duly incorporated and organized
      and is validly subsisting under the laws of the State of Nevada, it has
      the corporate power to own or lease its properties and to carry on its
      business that is now being conducted by it and is in good standing with
      respect to all filings with the

21

	 	 		 appropriate corporate authorities in Nevada and with
        respect to all annual and quarterly filings with the SEC;

	 	 	 	 
	 	 	(ii)	  the issued and authorized capital of the Purchaser
        is as set out in this Agreement and all issued shares have been validly
        issued as fully paid and non-assessable;

	 	 	 	 
	 	 	(iii)	  all necessary approvals and all necessary steps and
        corporate proceedings have been obtained or taken to permit the Purchaser
        Shares to be duly and validly allotted and issued to and registered in
        the name of the Vendor;

	 	 	 	 
	 	 	(iv)	  the Purchaser has all requisite power and authority
        to enter into this Agreement, to purchase the Assets on the terms described
        in this Agreement, and to perform its other obligations under this Agreement
        and that the consummation of the transactions contemplated by this Agreement
        will not violate, or be in conflict with, any provisions of the Purchaser’s
        governing documents or any agreement or instrument to which the Purchaser
        is a party or by which it is bound, or any judgment, decree, order, statute,
        rule or regulation applicable to the Purchaser;

	 	 	 	 
	 	 	(v)	  the consummation of the purchase and sale contemplated
        by this Agreement, including, but not limited to, the issuance and delivery
        of the Purchaser Shares to the Vendor, in consideration of the Vendor
        entering into this Agreement and of the purchase of the Company Shares
        from the Vendor, will not be in breach of any laws of Nevada and, in particular,
        but without limiting the generality of the foregoing, the execution and
        delivery of this Agreement by the Purchaser has not breached, and the
        consummation of the purchase and sale contemplated hereby will not be
        in breach of, any securities laws of the United States of America;

	 	 	 	 
	 	 	 and, without limiting the generality
        of the foregoing, that all corporate proceedings of the Purchaser, its
        shareholders and directors and all other matters which, in the reasonable
        opinion of counsel for the Company, are material in connection with the
        transaction of purchase and sale contemplated by this Agreement, have
        been taken or are otherwise favourable to the completion of such transaction.

	 	 	 	 
	 	(c)	 At the Closing Date there shall
        have been no materially adverse change in the affairs, assets, liabilities,
        financial condition or business (financial or otherwise) of the Purchaser
        from that shown on or reflected in the Purchaser Financial Statements.

	 	 	 	 
	 	(d) 	 The Purchaser shall have obtained
        those bonds and permits set out in Section 5.17.

	 	 	 	 
	 	(e)	 The Vendor shall have completed
        his due diligence investigations with respect to the affairs of the Purchaser
        to his reasonable satisfaction.

9.4 In the event that any of the conditions contained in
Section 9.3 hereof shall not be fulfilled or performed by the Purchaser at or
before the Closing Date to the reasonable satisfaction of the Vendor then the
Vendor shall have all the rights and privileges granted to the Purchaser under
Section 9.2, mutatis mutandis.

22

10. CLOSING ARRANGEMENTS

10.1 Unless otherwise agreed to by the parties, Closing shall
take place on the Scheduled Closing Date set out in Section 1.1(jj) .
Notwithstanding any provisions of this Agreement to the contrary, the Purchaser
and the Vendor expressly agree to delay Closing by up to 60 days after the
Scheduled Closing Date set out in Section 1.1(jj) in the following
circumstances:

	 	(a) 	
      The Purchaser has, not less than ten (10) business days
      prior to the Scheduled Closing Date, provided written notice to the Vendor
      either that:

	 	 	 	 
	 		(i) 	
      the Purchaser has not yet obtained financing in an amount
      sufficient to enable it to pay the Cash Price to the Vendor, together with
      reasonable evidence that the Purchaser is in the process of obtaining such
      financing, or

	 	 	 	 
	 		(ii) 	
      the Purchaser has not yet obtained all bonds required of
      an operator to operate oil and gas leases in the State of New Mexico as
      required by the Oil Conservation Division, the Office of the Commissioner
      of Public Lands and the Bureau of Land Management, together with
      reasonable evidence that the Purchaser is in the process of obtaining such
      bonds.

	 	 	 	 
	 	(b) 	
      The Purchaser has provided notice to the Vendor in
      accordance with Section 7.2 of a Defective Asset and the Vendor has, not
      less than ten (10) business days prior to the Scheduled Closing Date,
      provided written notice to the Purchaser that the Vendor intends to remove
      or cure such defect, and that such additional time period is reasonably
      necessary to cure such defect.

10.2 Closing shall take place at the offices of Currier
Abstract Company (the “Closing Agent”) at 506 West Texas, Artesia, New
Mexico 88210, or at such other place as the parties may mutually agree.

10.3 On the Closing Date, upon fulfilment of all the conditions
set out in Article 9 which have not been waived in writing by the Purchaser or
by the Vendor, as the case may be, then:

	 	(a) 	
      the Vendor shall deliver to the Purchaser:

	 	 	 	 
	 		(i) 	
      the Assignment, Bill of Sale and Conveyance in the form
      attached as Schedule G and such other documents as may be necessary to
      record the transfer of the Assets to the Purchaser;

	 	 	 	 
	 		(ii) 	
      the certificates and officer's certificate referred to in
      Section 9.1; and

	 	 	 	 
	 		(iii) 	
      evidence satisfactory to the Purchaser and its legal
      counsel of the completion by the Company and the Vendor of those acts
      referred to in Section 9.1.

	 	 	 	 
	 	(b) 	
      the Vendor shall cause all of its right, title and
      interest in and to the Assets to be transferred to the Purchaser by
      assignment in the form set out in Schedule G;

	 	 	 	 
	 	(c) 	
      the Purchaser shall, subject to any adjustments made to
      the Purchase Price in accordance with the provisions of this Agreement,
      issue and deliver to the Vendor:

	 	 	 	 
	 		(i) 	
      certificates representing 6,500,000 shares of the
      Purchaser’s common stock duly endorsed with legends acceptable to the
      Purchaser's counsel

23

				 respecting restrictions on transfer as required by
        or necessary under the applicable securities legislation of the United
        States or any state;

	 	 	 	 
			(ii) 	 the certificates and officer's certificate referred
        to in Section 9.3; and

	 	 	 	 
			(iii) 	 not less than 24 hours prior to the Closing, wire transfer
        to the Closing Agent, payable for the account of the Vendor, or such other
        form of payment as is acceptable to the Vendor, the sum of $4,900,000;
        and

	 	 	 	 
	 	(d) 	 the Purchaser shall assign to the Vendor the
        Overriding Royalty in the form set out in Schedule D.

11. GENERAL PROVISIONS

11.1 Time shall be of the essence of this Agreement.

11.2 This Agreement contains the whole agreement between the
parties hereto in respect of the purchase and sale of the Assets and there are
no warranties, representations, terms, conditions or collateral agreements
expressed, implied or statutory, other than as expressly set forth in this
Agreement.

11.3 This Agreement shall enure to the benefit of and be
binding upon the parties hereto and their respective successors and permitted
assigns. The Purchaser may not assign this Agreement without the consent of the
Vendor which consent may be withheld for any reason whatsoever.

11.4 Any notice to be given under this Agreement shall be duly
and properly given if made in writing and delivered or telecopied to the
addressee at the address as set out on page one of this Agreement. Any notice
given as aforesaid shall be deemed to have been given or made on, if delivered,
the date on which it was delivered or, if telecopied, on the next business day
after it was telecopied. Any party hereto may change its address for notice from
time to time by providing notice of such change to the other parties hereto in
accordance with the foregoing.

11.5 This Agreement may be executed in one or more
counter-parts, each of which so executed shall constitute an original and all of
which together shall constitute one and the same agreement.

11.6 This Agreement shall be construed and enforced in
accordance with, and the rights of the parties shall be governed by, the laws of
the State of New Mexico.

11.7 No claim shall be made by the Vendor against the
Purchaser, or by the Purchaser against the Vendor, as a result of any
misrepresentation or as a result of the breach of any covenant or warranty
herein contained unless the aggregate loss or damage to such party exceeds
$17,500.

-- THE REST OF THIS PAGE IS INTENTIONALLY LEFT BLANK
--

24

11.8 All covenants, agreements, representations and warranties
on the part of each of the parties, notwithstanding any investigations or
enquiries made by any of the parties prior to Closing, or the waiver of any
condition by any of the parties, shall survive the date of Closing.

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

	LANGUAGE ENTERPRISES CORP. 
	  
	  
	  
	/s/ Paul C.
      Kirkitelos 	 
	By Its Authorized Signatory 
	Paul C. Kirkitelos 
	CEO, CFO, President, Secretary and Treasurer
  

	SIGNED, SEALED AND DELIVERED 	 	  
	BY J. WARREN HANSON AND KATHIE HANSON 	 	  
	in the presence of: 	 	  
	  	 	  
	/s/
      Witnessed 	 	/s/
      J. Warren Hanson 
	Signature of Witness 	 	J. WARREN HANSON 
	  	 	doing business as “Hanson Energy” 
	Name 	 	  
	 	 	 
	Address 	 	  
	  	 	  
	 	 	 
	/s/
      Witnessed 	 	/s/
      Kathie Hanson 
	Signature of Witness 	 	KATHIE HANSON 
	 	 	 
	Name 	 	  
	 	 	 
	Address 	 	  

25

SCHEDULE "A"

to that Purchase and Sale Agreement dated for reference as of
April 25, 2008 
between Warren Hanson, d/b/a Hanson Energy and Kathie Hanson,
his wife 
and Language Enterprises Corp.

LEASES

(see attached)

SCHEDULE “A”

Attached to Purchase and Sale Agreement between 

  Warren Hanson, d/b/a Hanson Energy and Kathie Hanson, his wife and 

  Language Enterprises Corporation dated _________ __, 2008.

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
	1 
 

        

        

        

        

        

        

        

        
	Atkins Federal Lease: United States Oil and Gas Lease
        Serial No. LC 062996-B, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 16 South, Range 29 East, N.M.P.M. 

        

                  Section 17:
        N/2NE/4, SE/4NE/4, N/2 NW/4 

        

        LIMITED IN DEPTH from the surface to 100 feet below the base of the Queen
        formation 

        

                  Section 17:
        SW/4 NE/4 

        

        LIMITED IN DEPTH from 1,950 feet to 100 feet below the base of the Queen
        formation 

        

        containing 240 acres, more or less 	1.0 
 

        

        

        

        

        

        

        

        
	.825 
 

        

        

        

        

        

        

        

        
	5.0829% 
 

        

        

        

        

        

        

        

        

	2 
 

        

        

        

        

        
	Atkins State B Lease: State of New Mexico Oil and
        Gas Lease B-2885, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 16 South, Range 29 East, N.M.P.M. 

        

                  Section 16:
        SW/4 

        

        LIMITED IN DEPTH from the surface to 100 feet below the base of the Queen
        formation 

        

        containing a total of 160 acres, more or less 	1.0 
 

        

        

        

        

        
	.768333 
 

        

        

        

        

        
	.5261% 
 

        

        

        

        

        

	3 
 

        

        

        

        
	Atsel Federal Lease: United States Oil and Gas Lease
        Serial No. LC 062407 insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 17 South, Range 29 East N.M.P.M. 

        

                  Section 30:
        SW/4 SE/4 

        

        LIMITED IN DEPTH from the surface to 2,628 feet. 

        

        containing a total 40 acres, more or less 	1.0 
 

        

        

        

        
	.7625 
 

        

        

        

        
	.2460% 
 

        

        

        

        

1

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
	4 	Berry A Lease: United States Oil and Gas Lease
          Serial No. NM 025527-A, insofar as said lease covers the following described
          land in Eddy County: 

          

          Township 17 South, Range 27 East, N.M.P.M. 

          

                    Section
          23: SE/4 NW/4 

                    Section
          24: NE/4, SW/4, SW/4 NW/4, SW/4 SE/4 

          

          LIMITED IN DEPTH from the surface to top of San Andres formation 

        containing a total 440 acres, more or less 
	1.0 	.7625 (oil) 

        .7100 (gas) 	.0673% 
	5 	Berry B Lease: United States Oil and Gas Lease Serial
        No. NM 025527-B, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 17 South, Range 27 East, N.M.P.M. 

        

                  Section 25:
        W/2 NE/4 

        

        LIMITED IN DEPTH from the surface to 700 feet 

        

        LIMITED IN DEPTH from 700 feet below the surface down to the top of the
        San Andres formation 

        

        containing a total 80 acres, more or less 	1.0 	 

          

          

          

          

          .7625 (oil) 

          .7100 (gas) 

        .7625 (oil) 

          .7725 (gas) 
	.0673% 
	6 	Berry Fed Lease: United States Oil and Gas Lease Serial
        No. NM 025527, insofar as said lease covers the following described land
        in Eddy County: 
 

        Township 17 South, Range 27 East, N. M.P.M. 

        

                  Section 23:
        SW/4 NE/4 

        

        LIMITED IN DEPTH from the surface to the top of the San Andres formation 

        

                  Section 23:
        SW/4 SE/4 

        

        LIMITED IN DEPTH from the surface to 700 feet 

        

        LIMITED IN DEPTH from 700 feet below the surface down to the top of the
        San Andres formation 

        

        containing a total 80 acres, more or less 	1.0 	 

          

          

          

          

          .7625 (oil) 

          .7100 (gas) 

        .7625 (oil) 

          .7100 (gas)

         .7625(oil) 

          .7725 (gas) 
	.0673% 

2

  	  	DESCRIPTION
      	GWI 	NRI 	Allocation 
	7 
 

        

        

        

        

        
	Brigham B Lease: United States Oil and Gas Lease Serial
        No. LC028992-J, insofar as said lease covers the following described land
        in Eddy County: 
 

        Township 17 South, Range 30 East, N.M.P.M. 

        

                  Section 22:
        S/2 SW/4 

        

        LIMITED IN DEPTH from the surface to 5,000 feet SAVE AND EXCEPT the Premier
        Sand formation 

        

        containing a total 80 acres, more or less 	1.0 
 
	.765625 (oil) 

        .750000 (gas) 	.9421% 

	8 	Cedar Lake Lease: State of New Mexico Oil and Gas
        Lease No. B-3627, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 17 South, Range 31 East, N.M.P.M. 

        

                  Section 30:
        Lots 1 & 2 (W/2 NW/4) 

        

        LIMITED IN DEPTH from the surface to 5,500 feet containing a total 65.73
        acres, more or less 	1.0 	.8203125 	2.7062% 
	9 	Conoco State Lease: State of New Mexico Oil and Gas
        Lease No. B-8569, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 17 South, Range 29 East, N.M.P.M. 

        

                  Section 3:
        SW/4 SW/4 

        

        LIMITED IN DEPTH from the surface to 2,600 feet containing a total 40
        acres, more or less 	1.0 	.825 	.0673% 
	10 	Donnelly Kelly Lease: State of New Mexico Oil and
          Gas Lease No. 703-69, insofar as said lease covers the following described
          land in Eddy County: 

          

          Township 18 South, Range 28 East, N.M.P.M. 

          

                    Section
          8: SW/4 SE/4 

          

          LIMITED IN DEPTH from the surface to 2,500 feet 

        containing a total 40 acres, more or less 
	1.0 
 
	.825 	.0673% 

3

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
	11 	 Empire J Federal Lease: United States Oil and
          Gas Lease Serial No. LC 066445, insofar as said lease covers the following
          described land in Eddy County: 

          

          Township 18 South, Range 26 East, N.M.P.M. 

          

                    Section
          1: SE/4 NE/4, E/2 SE/4 

          

          LIMITED IN DEPTH from the surface to base of San Andres formation 

          

          containing a total 120 acres, more or less 
	1.0 	.75 	1.4325% 
	12 	 Featherstone Federal Lease: United States Oil
          and Gas Lease Serial No. LC 068722, insofar as said lease covers the
          following described land in Eddy County: 

          

          Township 17 South, Range 29 East, N.M.P.M. 

          

                    Section
          10: W/2 W/2 

          

          LIMITED IN DEPTH from the surface to 2,600 feet 

          

          containing a total 160 acres, more or less 
	.974501625 
 
	.7796013 
 
	5.3533% 
 

	13 	 Featherstone State B Lease: State of New Mexico
          Oil and Gas Lease No. B-7071: 

          

          Township 18 South, Range 28 East, N.M.P.M. 

          

          a. Featherstone State Well # 1 : Insofar as said lease covers
          the following described land in Eddy County: 

          

                    Section
          2: NW/4 SE/4 

          

          b. Featherstone State Well # 4 : Insofar as said lease covers
          the following described land in Eddy County: 

          

                    Section
          2: NE/4 SW/4 

          

                    LIMITED
          IN DEPTH from the surface to 3,500 feet 

          

                    containing
          a total 80 acres, more or less 
	
 

        

        

        .95 

        

        

        

        .958452344 	
 

        

        

        .83130571 

        

        

        

        .83203791 	1.2343% 

4

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
	14 	 Featherstone State E Lease: State of
          New Mexico Oil and Gas Lease No. E-1285, insofar as said lease covers
          the following described land in Eddy County: 

          

          Township 18 South, Range 28 East, N.M.P.M. 

          

                    Section
          2: SW/4 NE/4, SE/4 NW/4 

          

          LIMITED IN DEPTH from the surface to 3,500 feet 

          

          containing a total 80 acres, more or less 
	.9594523 	.83203791 	1.3051% 

	15 	 Federal S and Mustang 28 Federal Lease:
          United States Oil and Gas Lease Serial No. LC 028936-C, insofar
          as said lease covers the following described land in Eddy County: 

          

          Township 17 South, Range 30 East, N.M.P.M. 

          

                    Section
          28: E/2 NW/4, SW/4 NW/4, W/2 

                              SW/4,
          NE/4 SW/4 

          

          LIMITED IN DEPTH from the surface to 4,000 feet 

          

          containing a total 240 acres, more or less 
	.80312500 	.642500 	7.1182% 

	16 	 Federal X Lease: United States Oil
          and Gas Lease Serial No. LC 029342-A, insofar as said lease covers the
          following described land in Eddy County: 

          

          Township 17 South, Range 30 East, N.M.P.M. 

          

                    Section
          21: Lots 13-24, 61-72, S/2 N/2 S/2 NE/4 

                              SW/4,
          S/2 S/2 NE/4 SW/4, SE/4 

                              SW/4
          (formerly E/2 SW/4), 

                              SW/4
          SW/4 

          

          LIMITED IN DEPTH from the surface to 4,000 feet 

          

          containing 119.96 acres, more or less 
	.80312500 	.642500 	.1989% 

	17 	 Five J State #647 Lease: State of New
          Mexico Oil and Gas Lease No. 647, insofar as said lease covers the following
          described land in Eddy County: 

          

          Township 17 South, Range 28 East, N.M.P.M. 

          

                    Section
          25: NE/4 SE/4, SW/4 SE/4 

                    Section
          36: SW/4 NE/4 

          

          LIMITED IN DEPTH from the surface to 2,641 feet 

          

          containing 120 acres, more or less 
	.66651180 	.55598960 	.0673% 

5

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
		 b. FW&Y State #647 Lease: State of New Mexico
          Oil and Gas Lease No. 647, insofar as said lease covers the following
          described land in Eddy County: 

          

          Township 17 South, Range 28 East, N.M.P.M. 

          

                    Section
          25: N/2 NE/4 

          

          LIMITED IN DEPTH from the surface to 1,500 feet 

          

          containing 80 acres, more or less 
	1.0 	.812500 	.0673% 
		 c. State # 647 Lease: State of New Mexico Oil
          and Gas Lease No. 647, insofar as said lease covers the following described
          land in Eddy County: 

          

          Township 17 South, Range 28 East, N.M.P.M. 

          

                    Section
          25: SE/4 SE/4 

                    Section
          36: N/2 NE/4, SE/4 NE/4, N/2 SE/4 

          

          LIMITED IN DEPTH from the surface to 500 feet below the top of the San
          Andres formation 

          

          containing 240 acres, more or less 
	.66651180 	.55598960 	2.3511% 
		d. Rampo State #647 Lease: State of New Mexico Oil
        and Gas Lease No. 647, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 17 South, Range 28 East, N.M.P.M. 

        

                  Section 31:
        Lots 3 & 4 (W/2 SW/4) 

        

        LIMITED IN DEPTH from the surface to 2,000 feet 

        

        containing 87.43 acres, more or less 	.95921100 	.7062946 	.2369% 
	18 	 General American Federal Lease: United States
          Oil and Gas Lease Serial No. NM 074937, insofar as said lease covers
          the following described land in Eddy County: 

          

          Township 17 South, Range 30 East, N.M.P.M. 

          

                    Section
          10: SE/4 SE/4 

          

          LIMITED IN DEPTH from the surface to 3,600 feet 

          

          containing 40 acres, more or less 
	1.0 	.82500 	1.6418% 

6

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
	19 	 Green Federal Lease: United States Oil and Gas
          Lease Serial No. NM 0555569, insofar as said lease covers the following
          described land in Eddy County: 

          

          Township 17 South, Range 29 East, N.M.P.M. 

          

                    Section
          31: Lots 1 & 2 (W/2 NW/4), E/2 NW/4, 

                              NW/4
          NE/4, S/2 NE/4 

          

          LIMITED IN DEPTH from the surface to 2,725 feet 

          

          containing 257.49 acres, more or less 
	1.0 	.7078125 	1.0045% 
	20 	 Hastie Federal Lease: United States Oil and Gas
          Lease Serial No. LC 045818-A, insofar as said lease covers the following
          described land in Eddy County: 

          

          Township 17 South, Range 28 East, N.M.P.M. 

          

          Tract 1: Section 18: Lots 1, 2, (W/2 NW/4), E/2 NW/4 

          

          LIMITED IN DEPTH from the surface to 1,000 feet beneath the surface 

          

                    Section
          18: Lots 3, 4 (W/2 SW/4), E/2 SW/4 

          

          LIMITED IN DEPTH from the surface to 700 feet beneath the surface 

          

          Tract 2: Section 18: NE/4 SW/4 

          

          LIMITED IN DEPTH from 1,200 feet down to 1,932 feet beneath the surface
          

          

          containing 320 acres, more or less 
	1.0 	
 

        

        

        .77265625 

        

        

        .800000 

        

        

        .72800 	1.9497% 
	21 	 Hondo K Federal Lease: United States Oil and Gas
          Lease Serial No. LC 049998-b, insofar as said lease covers the following
          described land in Eddy County: 

          

          Township 17 South, Range 31 East, N.M.P.M. 

          

                    Section
          1: Lot 4 (NW/4 NW/4) 

          

          LIMITED IN DEPTH from the surface to 3,985 feet 

          

                    Section
          1: SW/4 NW/4 

          

          LIMITED IN DEPTH from the surface to 3,961 feet 

          

          containing 79.91 acres, more or less 
	1.0 
 

        

        

        

        

        

        
	
 

        

        

        .70000 

        

        .68000 

        
	.4233% 
 

        

        

        

        

        

        

7

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
	22 	Hudson Saiken State Lease: State of New
        Mexico Oil and Gas Lease No. B-5862, insofar as said lease covers the
        following described land in Eddy County: 
 

        Township 17 South, Range 28 East, N.M.P.M. 

        

                  Section 31:
        Lot 2 (SW/4 NW/4) 

        

        LIMITED IN DEPTH from the surface to 2,000 feet 

        

        containing 40 acres, more or less 	1.0 	.82500 	.0673% 

	23 	Humble State Lease: State of New Mexico
        Oil and Gas Lease No. E-742, insofar as said lease covers the following
        described land in Eddy County: 
 

        Township 17 South, Range 29 East, N.M.P.M. 

        

                  Section 19:
        NE/4 SW/4 

        

        LIMITED IN DEPTH from the surface to 1,009 feet 

        

                  Section 19:
        SE/4 SW/4 

        

        LIMITED IN DEPTH from the surface to 1,055 feet 

        

                  Section 20:
        SE/4 NW/4 

        

        LIMITED IN DEPTH from the surface to 2,386 feet 

        

        containing 120 acres, more or less 	1.0 
 

        

        

        

        

        

        

        

        
	
 

        

        

        .80000 

        

        .80000 

        

        .87500 

        
	1.1260% 
 

        

        

        

        

        

        

        

        

	24 	Humble B State Lease: State of New Mexico
        Oil and Gas Lease No. B-11540, insofar as said lease covers the following
        described land in Eddy County: 
 

        Township 18 South, Range 28 East, N.M.P.M. 

        

                  Section 15:
        SW/4 NE/4 

                  Section 22:
        NW/4 SW/4 

        

        LIMITED IN DEPTH from the surface to 100 feet below the deepest depth
        drill but not to exceed 3,000 feet beneath the surface 

        

        containing 80 acres, more or less 	1.0 	.76000 	.4274% 

8

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
	25 	Jennings Fee Lease: Oil and Gas Lease dated
        June 2, 1981, between Midwest Investment Company and Arrowhead Oil Corporation,
        insofar as said lease covers the following described land in Eddy County:
        
 

        Township 18 South, Range 28 East, N.M.P.M. 

        

                  Section 18:
        NE/4 NE/4 

        

        LIMITED IN DEPTH from the surface to 2,596 feet 

        

        containing 40 acres, more or less 	1.0 	.75000 	.1136% 

	26 	Leonard Federal Lease: United States Oil
        and Gas Lease Serial No. NM 29269, insofar as said lease covers the following
        described land in Eddy County: 
 

        Township 17 South, Range 29 East, N.M.P.M. 

        

                  Section 30:
        NE/4 SE/4 

        

        LIMITED IN DEPTH from the surface to 2,628 feet 

        

                  Section 30:
        NW/4 SE/4 

        

        LIMITED IN DEPTH from the surface to 4,000 feet 

        

        containing 80 acres, more or less 	1.0 
 

        

        

        

        

        

        
	
 

        

        

        .762500 

        

        

        

        .825000 

        
	3.2453% 
 

        

        

        

        

        

        

	27 	Malco B Federal Lease: United States Oil
        and Gas Lease Serial No. LC 026874-B, insofar as said lease covers the
        following described land in Eddy County: 
 

        Township 18 South, Range 27 East, N.M.P.M. 

        

                  Section 6:
        NW/4 SE/4 

        

        LIMITED IN DEPTH from the surface to the base of the San Andres formation
        

        

        containing 40 acres, more or less 	1.0 	.75000 	1.5629% 

	28 	Red Lake Federal Lease: United States Oil
        and Gas Lease Serial No. NM 59035, insofar as said lease covers the following
        described land in Eddy County: 
 

        Township 17 South, Range 28 East, N.M.P.M. 

        

                  Section 10:
        NE/4 SW/4, NW/4 SE/4 

        

        LIMITED IN DEPTH from the surface to 2,500 feet 

        

        containing a total 80 acres, more or less 	1.0 
 

        

        

        

        
	.7550(oil) 

        .8350(gas) 

        

        

        

        
	.0673% 
 

        

        

        

        

9

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
	29 	Robinson State Lease: State of New Mexico
        Oil and Gas Lease No. B-7596, insofar as said lease covers the following
        described land in Eddy County: 
 

        Township 17 South, Range 29 East, N.M.P.M. 

        

                  Section 27:
        W/2 NW/4 

        

        LIMITED IN DEPTH from the surface to 3,500 feet 

        

        containing a total 80 acres, more or less 	1.0 	.87500 	1.4201% 

	30 	Sackett Federal Lease: United States Oil and Gas Lease
        Serial No. NM 14847, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 17 South, Range 29 East, N.M.P.M. 

        

                  Section 29:
        SW/4 SW/4 

        

        LIMITED IN DEPTH from the surface to base of San Andres formation 

        

                  Section 29:
        SE/4 SW/4 

        

        LIMITED IN DEPTH from the surface to base of San Andres formation 

        

        containing a total 80 acres, more or less 	
 

        

        

        .734 

        

        

        

        .895 

        
	
 

        

        

        .6632515 

        

        

        

        .6580713 

        
	
 

        

        

        1.0778% 

        

        

        

        

        

10

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
	31 
 

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        
	Saunders Federal Lease: United States Oil and Gas
        Lease Serial No. LC 064023, insofar as said lease covers the following
        described land in Eddy County: 
 

        Township 17 South, Range 27 East, N.M.P.M. 

        

        a. Tract 1 

        

                  Section 13:
        SE/4 

        

        LIMITED IN DEPTH from the surface to 700 feet beneath the surface 

        

        containing a total 160 acres, more or less 

        

        b. Tract 2: 

        

                  Section 13:
        NE/4 SE/4 

        

        LIMITED IN DEPTH from 1,200 feet to 1,968 feet 

        

        c. Tract 3: 

        

                  Section 13:
        NW/4 SE/4 

        

        LIMITED IN DEPTH from 1,200 feet to 1,857 feet 

        

        d. Tract 4: 

        

                  Section 13:
        SE/4 SE/4 

        

        LIMITED IN DEPTH from 1,200 feet to 2,068 feet 
	
 

        

        

        

        1.0 

        

        

        

        

        

        

        

        1.0 

        

        

        

        
 

        1.0 

        

        

        

        

        

        1.0 
	
 

        

        

        

        .77500 

        

        

        

        

        

        

        

        .70000 

        

        

        

        

        

        .70000 

        

        

        

        

        

        .65000 
	2.0482% 
	32 
 

        

        

        

        

        
	Saunders A Federal Lease: United States Oil and Gas
        Lease Serial No. LC 048491-A, insofar as said lease covers the following
        described land in Eddy County: 
 

        Township 17 South, Range 27 East, N.M.P.M. 

        

                  Section 13:
        W/2 NE/4, SE/4 NE/4 

        

        LIMITED IN DEPTH from the surface to top of San Andres formation 

        

        containing a total 120 acres, more or less 	1.0 
 

        

        

        

        

        
	.76250 (oil) 

        .78675(gas) 

        

        

        

        

        
	.0673% 
 

        

        

        

        

        

11

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
	33 
 

        

        

        

        

        
	Saunders B Federal Lease: United States
        Oil and Gas Lease Serial No. LC 048491(b), insofar as said lease covers
        the following described land in Eddy County: 
 

        Township 17 South, Range 27 East, N.M.P.M. 

        

                  Section 13:
        NE/4 NE/4 

        

        LIMITED IN DEPTH from the surface to top of San Andres formation 

        

        containing a total 40 acres, more or less 	1.0 	.77500(oil) 

        .79125(gas) 	.0673% 

	34 
 

        

        

        

        
	Sinclair A State Lease and Sinclair State Lease:
        State of New Mexico Oil and Gas Lease No. E-950, insofar as said lease
        covers the following described land in Eddy County: 
 

        a. Sinclair A State: : 

        

        Township 17 South, Range 29 East, N.M.P. M. 

        

                  Section 19:
        Lot 3 (NW/4 SW/4) 

        

        LIMITED IN DEPTH from the surface to 951 feet 	
 

        

        .75 

        

        
	
 

        

        .6152344 

        

        
	
 

        

        .1924% 

        

        

	
 

        

        
	b. Sinclair State: 
 

        Township 17 South, Range 29 East, N.M.P.M. 

        

                  Section 9:
        SE/4 SE/4 

        

        LIMITED IN DEPTH from the surface to 2,650 feet 

        

        containing a total 67.40 acres, more or less 	1.0 	.75000 	.4686% 

	35 
 

        

        

        

        

        

        
	Skelly State Lease: State of New Mexico
        Oil and Gas Lease No. E-134, insofar as said lease covers the following
        described land in Eddy County: 
 

        Township 16 South, Range 29 East, N.M.P.M. 

        

                  Section 15
        NW/4 SW/4 

                  Section 16
        N/2, NE/4 SE/4 

        

        LIMITED IN DEPTH from the surface to 100 feet below base of Queen formation
        

        

        containing a total 400 acres, more or less 	1.0 	.75000 	7.3492% 

12

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
	36 	SL Federal A Lease: United States Oil and Gas Lease
        Serial No. LC 028785-A, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 17 South, Range 29 East, N.M.P.M. 

        

                  Section 12:
        SW/4 SW/4 

        

        LIMITED IN DEPTH from depths below the base of the unitized formation
        in the Square Lake 12 Unit Agreement dated August 1, 1967 to 5,000 feet
        beneath the surface 

        

        containing a total 40 acres, more or less 	1.0 	.80000 	.3098% 
	37 	Smith State Lease: State of New Mexico Oil and Gas
        Lease No. 2029, insofar as said lease covers the following described land
        in Eddy County: 
 

        Township 18 South, Range 28 East, N.M.P.M. 

        

                  Section 4:
        Lot 1 (NE/4 NE/4) 

        

        LIMITED IN DEPTH from the surface to 2,400 feet 

        

        containing a total 40.03 acres, more or less 	1.0 	.82500 	.3916% 
	38 	Solt State Lease: State of New Mexico Oil and Gas
        Lease No. B-3823, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 18 South, Range 28 East, N.M.P.M. 

        

                  Section 5:
        S/2 SE/4 

        

        LIMITED IN DEPTH from the surface to 3,300 feet 

        

        containing a total 80 acres, more or less 	1.0 	.82500 	.5022% 
	39 
 

        

        

        

        

        
	Spurck State Lease: State of New Mexico Oil and Gas
        Lease No. B-8318, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 17 South, Range 27 East, N.M.P.M. 

        

                  Section 24:
        E/2 NW/4, NE/4 SE/4 

        

        LIMITED IN DEPTH to depths from 700 feet below the surface down to the
        top of the San Andres formation 

        

        containing 120 acres, more or less 	1.0 	.75000 	.0673% 

13

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
	40 
 

        

        

        

        
	State 32 Lease: State of New Mexico Oil
        and Gas Lease No. E-1717, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 17 South, Range 28 East, N.M.P.M. 

        

                  Section 32:
        NW/4 SE/4 

        

        LIMITED IN DEPTH from the surface to 2,200 feet 

        

        containing 40 acres, more or less 	1.0 	.85500 	.1891% 

	41 
 

        

        

        

        

        
	State AE Lease: State of New Mexico Oil
        and Gas Lease No. B-3823, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 18 South, Range 28 East, N.M.P.M. 

        

                  Section 4:
        Lot 2 (NW/4 NE/4), SW/4 NE/4, 

                            SE/4
        NW/4 

        

        LIMITED IN DEPTH from the surface to 3,100 feet 

        

        containing 120.99 acres, more or less 	1.0 	.75000 	.0673% 

	42 
 

        

        

        

        
	State E Lease: State of New Mexico Oil and
        Gas Lease No. E-9261, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 18 South, Range 28 East, N.M.P.M. 

        

                  Section 17:
        NW/4 NE/4 

        

        LIMITED IN DEPTH from the surface to 2,500 feet 

        

        containing 40 acres, more or less 	1.0 	.82500 	.6636% 

	43 
 

        

        

        

        

        
	State B Lease: State of New Mexico Oil and
        Gas Lease No. B-1111, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 17 South, Range 28 East, N.M.P.M. 

        

                  Section 22:
        SW/4 SW/4 

        

        LIMITED IN DEPTH from the surface to the base of the Seven Rivers formation
        

        

        containing 40 acres, more or less 	1.0 	.70000 	.0673% 

14

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
	44 	State BK Lease: State of New Mexico Oil
        and Gas Lease No. B-3627, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 17 South, Range 31 East, N.M.P.M. 

        

                  Section 19:
        Lots 3 and 4 (W/2 SW/4) 

        

        LIMITED IN DEPTH from the surface to 5,000 feet 

        

        containing 65.32 acres, more or less 	1.0 	.81500 	1.2242% 

	45 	State BKC 9 Lease: State of New Mexico Oil
        and Gas Lease No. B-10920, insofar as said lease covers the following
        described land in Eddy County: 
 

        Township 17 South, Range 31 East, N.M.P.M. 

        

                  Section 2:
        SE/4 SW/4 

        

        LIMITED IN DEPTH from the surface to 3,946 feet 

        

        containing 40 acres, more or less 	1.0 	.74000 	.2349% 

	46 	State BKC 10 Lease: State of New Mexico
        Oil and Gas Lease No. B-3635, insofar as said lease covers the following
        described land in Eddy County: 
 

        Township 17 South, Range 31 East, N.M.P.M. 

        

                  Section 2:
        NE/4 SW/4 

        

        LIMITED IN DEPTH from the surface to 3,946 feet 

        

        containing 40 acres, more or less 	1.0 	.74000 	.2388% 

	47 	State BGK Lease: State of New Mexico Oil
        and Gas Lease No. B-2613, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 17 South, Range 31 East, N.M.P.M. 

        

                  Section 2:
        E/2 SE/4 

        

        LIMITED IN DEPTH from the surface to 3,845 feet 

        

        containing 80 acres, more or less 	1.0 	.74000 	.0673% 

15

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
	48 	State N Lease: State of New Mexico Oil and
        Gas Lease No. E-828, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 18 South, Range 28 East, N.M.P.M. 

        

                  Section 8:
        SE/4 SW/4 

        

        LIMITED IN DEPTH from the surface to 2,500 feet 

        

        containing 40 acres, more or less 	1.0 	.82499950 	.7313% 

	49 	State FX Lease: State of New Mexico Oil
        and Gas Lease No. B-11594, insofar as said lease covers the following
        described land in Eddy County: 
 

        Township 18 South, Range 28 East, N.M.P.M. 

        

                  Section 6:
        SE/4 NW/4 

        

        LIMITED IN DEPTH from the surface to 1,985 feet 

        

        containing 40 acres, more or less 	1.0 	.82500 	.2841% 

	50 	TE&K (Keys A) Federal Lease: United
        States Oil and Gas Lease Serial No. LC 061465-A, insofar as said lease
        covers the following described land in Eddy County: 
 

        Township 17 South, Range 28 East, N.M.P.M. 

        

                  Section 10:
        W/2 NE/4, E/2 NW/4 

        

        LIMITED IN DEPTH from the surface to 1,100 feet above sea level 

        

        containing 160 acres, more or less 	1.0 	.78750 	.0673% 

	51 	TE&K (Keys B) Federal Lease: United
        States Oil and Gas Lease Serial No. LC 061465-B, insofar as said lease
        covers the following described land in Eddy County: 
 

        Township 17 South, Range 28 East, N.M.P.M. 

        

                  Section 3:
        Lots 17, 18, 19 

                  Section 10:
        NW/4 NW/4 

        

        LIMITED IN DEPTH from the surface to 1,100 feet above sea level 

        

        containing 164.22 acres, more or less 	1.0 	.78750 	.0673% 

16

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
	52 	Tidewater K State Lease: State of New Mexico
        Oil and Gas Lease No. E-5668, insofar as said lease covers the following
        described land in Eddy County: 
 

        Township 17 South, Range 31 East, N.M.P.M. 

        

                  Section 2:
        Lot 1 (NE/4 NE/4), SE/4 NE/4, 

                            SW/4
        NW/4, W/2 SW/4 

        

        LIMITED IN DEPTH from the surface to 3,861 feet 

        

        containing 199.90 acres, more or less 	1.0 	.74000 	2.8724% 

	53 	 Vandagriff Federal Lease: United States
          Oil and Gas Lease Serial No. LC028446-A, insofar as said lease covers
          the following described land in Eddy County: 

          

          Township 17 South, Range 28 East, N. M. P. M. 

          

                    Section
          5: Lots 1, 2 (N/2 NE/4), 3 (NE/4 NW/4), 

                              S/2
          NE/4, SE/4 NW/4, E/2 SW/4,SE/4 

                    Section
          8: N/2 N/2 

          

          LIMITED IN DEPTH from the surface to 1,100 feet above sea level 

          

          containing a total 639.36 acres, more or less 
	1.0 	.72500 	.0673% 

	54 	Wentz & Wentz Aid State Lease: State
        of New Mexico Oil and Gas Lease No. B-6251, insofar as said lease covers
        the following described land in Eddy County: 
 

        Township 17 South, Range 28 East, N. M. P. M. 

        

                  Section 24:
        SE/4 

        

        LIMITED IN DEPTH from the surface to 1,500 feet 

        

        containing a total 160 acres, more or less 	1.0 	.75843750 	.0673% 

	55 	West II State Lease: State of New Mexico
        Oil and Gas Lease No. L-4672, insofar as said lease covers the following
        described land in Eddy County: 
 

        Township 17 South, Range 27 East, N. M. P. M. 

        

                  Section 24:
        SE/4 SE/4 

        

        LIMITED IN DEPTH from the surface to 600 feet 

        

        containing a total 40 acres, more or less 	1.0 	.77500 	.0673% 

	56 	West Artesia Grayburg Unit: 	  	  	4.1454% 

17

  	 	DESCRIPTION 	GWI  	NRI 	Allocation 
		Township 18 South, Range 28 East, N. M. P.
        M. 
 

        a. State of New Mexico Oil and Gas Lease No. B-6043, insofar as said lease
        covers the following described land in Eddy County: 

        

                  Section 7:
        SE/4 NE/4 

        

        b. State of New Mexico Oil and Gas Lease No. OG-780, insofar as said lease
        covers the following described land in Eddy County: 

        

                  Section 7:
        NE/4 SE/4 

        

        c. Oil and Gas Lease dated 6/16/48 between Midwest Investment Company,
        Lessor and Leonard Oil Company, Lessee, recorded Oil & Gas Book 30,
        Page 524, insofar as said lease covers the following described land in
        Eddy County: 

        

                  Section 7:
        SE/4 SE/4 

                  Section 8:
        SW/4 SW/4 

        

        d. State of New Mexico Oil and Gas Lease No. B-11539, insofar as said
        lease covers the following described land in Eddy County: 

        

                  Section 8:
        S/2 NW/4 

        

        e. State of New Mexico Oil and Gas Lease No. E-2715, insofar as said lease
        covers the following described land in Eddy County: 

        

                  Section 8:
        NW/4 NW/4 

        

        f. State of New Mexico Oil and Gas Lease No. E-7179, insofar as said lease
        covers the following described land in Eddy County: 

        

                  Section 8:
        N/2 SW/4 

        

        g. State of New Mexico Oil and Gas Lease No. E-7255, insofar as said lease
        covers the following described land in Eddy County: 

        

                  Section 8:
        N/2 SE/4 

        

        h. State of New Mexico Oil and Gas Lease No. OG-703, insofar as said lease
        covers the following described land in Eddy County: 

        

                  Section 8:
        SW/4 NE/4 	

        1.0 	

        .75000 	

18

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
	
	i. State of New Mexico Oil and Gas Lease No. OG-1644,
        insofar as said lease covers the following described land in Eddy County: 

        

                            Section
        8: NE/4 NW/4 

        

        j. State of New Mexico Oil and Gas Lease No. OG-5851, insofar as said
        lease covers the following described land in Eddy County: 

        

                  Section 8:
        SE/4 NE/4 

        

        k. State of New Mexico Oil and Gas Lease No. E-1820, insofar as said lease
        covers the following described land in Eddy County: 

        

                  Section 17:
        NE/4 NW/4 

        

        l. Oil and Gas Lease between George R. Smith, et ux., Lessor and Tenneco
        Oil Company, Lessee, recorded Oil & Gas Book 30, Page 524, insofar
        as said lease covers the following described land in Eddy County: 

        

                  Section 17:
        NW/4 NW/4 

        

        LIMITED IN DEPTH to the unitized formation. 

        

        containing a total 640 acres, more or less 			

	57 
 

        

        

        

        

        
	Yates State Lease: State of New Mexico Oil
        and Gas Lease No. B-8196, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 18 South, Range 28 East, N. M. P. M. 

        

                  Section 15:
        SE/4 SW/4 

                  Section 22:
        SW/4 NW/4 

        

        LIMITED IN DEPTH from the surface to 3,500 feet 

        

        containing a total 80 acres, more or less 	1.0 	.83500 	.2157% 

19

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
	58 	Zait State Lease: State of New Mexico Oil
        and Gas Lease No. 636, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 17 South, Range 28 East, N. M. P. M. 

        

                  Section 22:
        NW/4 SW/4 

        

        LIMITED IN DEPTH from the surface to the base of the Seven Rivers formation
        

        

        containing a total 40 acres, more or less 	1.0 	.70000 	.0673% 

	59 	State FV Lease: State of New Mexico Oil
        and Gas Lease No. B-7966, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 17 South, Range 28 East, N.M.P.M. 

        

                  Section 31:
        SE/4 SW/4 

        

        LIMITED IN DEPTH from the surface to 1,957 feet 

        

        containing 40 acres, more or less 	1.0 	.75000 	.0673% 

	60 	State FW Lease: State of New Mexico Oil
        and Gas Lease No. B-2071, insofar as said lease covers the following described
        land in Eddy County: 
 

        Township 17 South, Range 28 East, N.M.P.M. 

        

                  Section 31:
        NW/4 SE/4 

        

        LIMITED IN DEPTH from the surface to 1,944 feet 

        

        containing 40 acres, more or less 	1.0 	.75000 	.1261% 

	61 	Delhi B State Lease: State of New Mexico
        Oil and Gas Lease No. B-4575, insofar as said lease covers the following
        described land in Eddy County: 
 

        Township 17 South, Range 28 East, N. M. P. M. 

        

                  Section 28:
        SW/4 SW/4 

        

        LIMITED IN DEPTH from the surface to base of San Andres formation 

        

        containing a total 40 acres, more or less 	.8515625 	.7276172 	.8616% 

20

  	  	DESCRIPTION 	GWI 	NRI 	Allocation 
	62 
	Gulf Kepple: State of New Mexico Oil and Gas Lease
        B- 3635, insofar as said lease covers the following described land in
        Eddy County: 
 
 Township 17 South, Range 27 East, N.M.P.M. 

        
           Section
        19: NW/4 SE/4, SW/4 NE/4 
 

        LIMITED IN DEPTH from the surface to 1,935 feet beneath the surface 

        

        Containing 80 acres, more or less 	1.0 	.7925 	.0673% 
	 	Total allocated value -	67.3231%

21

SCHEDULE "A-1"

to that Purchase and Sale Agreement dated for reference as of
April 25, 2008 
between Warren Hanson, d/b/a Hanson Energy and Kathie Hanson,
his wife 
and Language Enterprises Corp.

WELLS

(see attached)

	EXHIBIT A-1 
	Attached to Purchase and Sale Agreement between 
    
	Warren Hanson, d/b/a Hanson Energy and Kathie Hanson, his wife and
    
	Language Enterprises Corporation dated April 25, 2008.
    
	 
	Well List 
	9946 HANSON ENERGY 
	Total Well Count:186 
	Printed On:Wednesday, April 23, 2008
    

	Property 	Well Name 	PSA Allocated 

      Value % 	Lease
 Type 	ULSTR 	OCD UL 	API 	Well 

      Type 	Pool 		Last 

      Prod/Inj 	Oil POD 	Gas POD 	In Add. 

      Bond 
	32415 	ATKINS FEDERAL #001 	0.4036% 	F 	H-17-16S-29E 	H 	30-015-02751 	O 	30780 	HIGH LONESOME;QUEEN 	     39479 	2015810 	2015830 	  
	32414 	ATKINS STATE #001 	0.0162% 	S 	M-16-16S-29E 	M 	30-015-02739 	O 	30780 	HIGH LONESOME;QUEEN 	     39479 	2015910 	2015930 	40238 
	  	ATKINS STATE #002 	0.0162% 	S 	K-16-16S-29E 	K 	30-015-02741 	O 	30780 	HIGH LONESOME;QUEEN 	     39479 	2015910 	2015930 	40238 
	32417 	ATSEL FEDERAL #001 	0.2497% 	F 	O-30-17S-29E 	O 	30-015-10484 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	2187910 	2187930 	  
	4954 	BERRY A #006 	0.0054% 	F 	G-24-17S-27E 	G 	30-015-00512 	O 	22230 	EMPIRE; YATES-SEVEN RIVERS 	     39479 	1058810 	1058830 	  
	  	BERRY A #011 	0.0054% 	F 	K-24-17S-27E 	K 	30-015-00498 	G 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1058810 	1058830 	  
	  	BERRY A #022 	0.0054% 	F 	K-24-17S-27E 	K 	30-015-00497 	G 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1058810 	1058830 	  
	  	BERRY A #026 	0.0054% 	F 	O-24-17S-27E 	O 	30-015-00501 	G 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1058810 	1058830 	  
	  	BERRY A #032Y 	0.0054% 	F 	A-24-17S-27E 	A 	30-015-24614 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1058810 	1058830 	  
	  	BERRY A #033 	0.0054% 	F 	K-24-17S-27E 	K 	30-015-25154 	I 	22230 	EMPIRE; YATES-SEVEN RIVERS 	     39479 	  	  	  
	4955 	BERRY B #024 	0.0162% 	F 	B-25-17S-27E 	B 	30-015-00516 	O 	22230 	EMPIRE; YATES-SEVEN RIVERS 	     39479 	1058810 	1058830 	  
	  	BERRY B #025 	0.0162% 	F 	G-25-17S-27E 	G 	30-015-00578 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1058810 	1058830 	  
	30059 	BERRY FEDERAL #027 	0.0108% 	F 	E-24-17S-27E 	E 	30-015-00483 	G 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1058810 	1058830 	  
	301972 	BERRY FEDERAL #029 	0.0108% 	F 	F-23-17S-27E 	F 	30-015-00472 	G 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1058810 	1058830 	  
	  	BERRY FEDERAL #030 	0.0108% 	F 	O-23-17S-27E 	O 	30-015-21510 	G 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1058810 	1058830 	  
	32419 	BRIGHAM B #001 	0.0682% 	F 	B-22-17S-30E 	  	30-015-04254 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	937810 	937830 	  
	  	BRIGHAM B #002 	0.0682% 	F 	M-22-17S-30E 	M 	30-015-04257 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	937810 	937830 	  
	32396 	CEDAR LAKE #003Y 	0.7405% 	S 	1-30-17S-31E 	D 	30-015-05477 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	1205210 	1205230 	40238 
	33324 	CONOCO STATE #002 	0.0323% 	S 	M-3 -17S-29E 	M 	30-015-02874 	O 	57570 	SQUARE LAKE;GRAYBURG-SAN ANDRES 	     39479 	1064210 	1064230 	40238 
	30579 	DELHI B STATE #001 	1.7176% 	S 	M-28-17S-28E 	M 	30-015-01604 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1216410 	1216430 	40238 
	  	DELHI B STATE #002 	1.7176% 	S 	M-28-17S-28E 	M 	30-015-01594 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1216410 	1216430 	40238 
	30577 	DONNELLY KELLY STATE #002 	0.2856% 	S 	O-8 -18S-28E 	O 	30-015-02644 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1206810 	1206830 	40238 
	  	DONNELLY KELLY STATE #003 	0.2856% 	S 	O-8 -18S-28E 	O 	30-015-23815 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1206810 	1206830 	40238 
	30571 	EMPIRE J FEDERAL #001 	0.1855% 	F 	P-1 -18S-26E 	P 	30-015-00167 	I 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	  	  	  
	  	EMPIRE J FEDERAL #002 	0.1855% 	F 	I-1 -18S-26E 	I 	30-015-00168 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1217410 	1217430 	  
	  	EMPIRE J FEDERAL #003 	0.1855% 	F 	H-1 -18S-26E 	H 	30-015-00169 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1217410 	1217430 	  
	32397 	F W AND Y #002 	0.0162% 	S 	A-25-17S-28E 	A 	30-015-01527 	O 	950 	AID;YATES-SEVEN RIVERS 	     39479 	1205810 	1205830 	40238 
	  	F W AND Y #003 	0.0162% 	S 	B-25-17S-28E 	B 	30-015-01531 	O 	950 	AID;YATES-SEVEN RIVERS 	     39479 	1205810 	1205830 	40238 
	32398 	FEATHERSTONE #001Y 	0.4605% 	F 	E-10-17S-29E 	E 	30-015-02938 	O 	57570 	SQUARE LAKE;GRAYBURG-SAN ANDRES 	     39479 	1218310 	1218330 	  
	  	FEATHERSTONE #002Y 	0.4605% 	F 	D-10-17S-29E 	D 	30-015-02937 	O 	57570 	SQUARE LAKE;GRAYBURG-SAN ANDRES 	     39479 	1218310 	1218330 	  
	  	FEATHERSTONE #003 	0.4605% 	F 	L-10-17S-29E 	L 	30-015-02941 	O 	57570 	SQUARE LAKE;GRAYBURG-SAN ANDRES 	     39479 	1218310 	1218330 	  
	  	FEATHERSTONE #004 	0.4605% 	F 	M-10-17S-29E 	M 	30-015-02940 	O 	57570 	SQUARE LAKE;GRAYBURG-SAN ANDRES 	     39479 	1218310 	1218330 	  
	301002 	FEATHERSTONE STATE #001 	0.3033% 	S 	J-2 -18S-28E 	J 	30-015-01769 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1107810 	1107830 	40238 
	  	FEATHERSTONE STATE #003 	0.6074% 	S 	F-2 -18S-28E 	F 	30-015-01771 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1107710 	1107730 	40238 
	  	FEATHERSTONE STATE #004 	0.3033% 	S 	K-2 -18S-28E 	K 	30-015-01773 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1107910 	1107930 	40238 
	  	FEATHERSTONE STATE #005 	0.6074% 	S 	G-2 -18S-28E 	G 	30-015-01774 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1107710 	1107730 	40238 
	32412 	FEDERAL S #002 	1.3347% 	F 	F-28-17S-30E 	F 	30-015-04372 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	449810 	449830 	  
	  	FEDERAL S #003 	1.3347% 	F 	C-28-17S-30E 	C 	30-015-04373 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	449810 	449830 	  
	  	FEDERAL S #004 	1.3347% 	F 	F-28-17S-30E 	F 	30-015-04374 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	449810 	449830 	  
	  	FEDERAL S #006 	1.3347% 	F 	K-28-17S-30E 	K 	30-015-20147 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	449810 	449830 	  
	32411 	FEDERAL X #001 	0.0077% 	F 	13-21-17S-30E 	K 	30-015-04244 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	449910 	449930 	  
	  	FEDERAL X #003 	0.0077% 	F 	N-21-17S-30E 	N 	30-015-04246 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	449910 	449930 	  
	  	FEDERAL X #004 	0.0077% 	F 	M-21-17S-30E 	M 	30-015-04248 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	449910 	449930 	  
	  	FEDERAL X #005 	0.0077% 	F 	N-21-17S-30E 	N 	30-015-04249 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	449910 	449930 	  
	  	FEDERAL X #007 	0.0077% 	F 	M-21-17S-30E 	M 	30-015-20618 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	449910 	449930 	  
	32423 	FIVE J #002 	0.0323% 	S 	G-36-17S-28E 	G 	30-015-10543 	I 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	  	  	40238 
	32410 	GENERAL AMERICAN #001 	0.4782% 	F 	P-10-17S-30E 	P 	30-015-10091 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	2806775 	2806774 	  
	32422 	GREEN FEDERAL #001 	0.0268% 	F 	1-31-17S-29E 	D 	30-015-10320 	I 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	  	  	  
	  	GREEN FEDERAL #002 	0.0268% 	F 	C-31-17S-29E 	C 	30-015-10485 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	2188210 	2188230 	  
	  	GREEN FEDERAL #003 	0.0268% 	F 	F-31-17S-29E 	F 	30-015-10545 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	2188210 	2188230 	  
	  	GREEN FEDERAL #004 	0.0268% 	F 	G-31-17S-29E 	G 	30-015-10546 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	2188210 	2188230 	  
	  	GREEN FEDERAL #005 	0.0268% 	F 	2-31-17S-29E 	E 	30-015-03198 	I 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	  	  	  
	  	GREEN FEDERAL #006 	0.0268% 	F 	H-31-17S-29E 	H 	30-015-10547 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	2188210 	2188230 	  
	  	GREEN FEDERAL #008 	0.0268% 	F 	B-31-17S-29E 	B 	30-015-25045 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	2188210 	2188230 	  

	EXHIBIT A-1 
	Attached to Purchase and Sale Agreement between 
    
	Warren Hanson, d/b/a Hanson Energy and Kathie Hanson, his wife and
    
	Language Enterprises Corporation dated April 25, 2008.
    

	Property 	Well Name 	PSA Allocated

       Value % 	Lease 

      Type 	ULSTR 	OCD UL 	API 	Well 

      Type 	Pool 		Last Prod/Inj 	Oil POD 	Gas POD 	In Add.

      Bond 
	4956 	GULF KEPPLE #001 	0.0000% 	P 	J-19-17S-27E 	J 	30-015-00464 	O 	40090 	LOGAN DRAW;SAN ANDRES 	     39479 	1059910 	1059930 	   40238 
	  	GULF KEPPLE #002 	0.0000% 	P 	G-19-17S-27E 	G 	30-015-00463 	O 	40090 	LOGAN DRAW;SAN ANDRES 	     39479 	1059910 	1059930 	   40238 
	4959 	HASTIE #001 	0.1940% 	F 	K-18-17S-28E 	K 	30-015-22039 	O 	22230 	EMPIRE; YATES-SEVEN RIVERS 	     39479 	1062210 	1062230 	  
	  	HASTIE #003 	0.1940% 	F 	2-18-17S-28E 	E 	30-015-01422 	O 	22230 	EMPIRE; YATES-SEVEN RIVERS 	     39479 	500310 	500330 	  
	  	HASTIE #006 	0.1940% 	F 	4-18-17S-28E 	M 	30-015-01395 	O 	22230 	EMPIRE; YATES-SEVEN RIVERS 	     39479 	1059110 	1059130 	  
	  	HASTIE #007 	0.1940% 	F 	3-18-17S-28E 	L 	30-015-01396 	O 	22230 	EMPIRE; YATES-SEVEN RIVERS 	     39479 	1059110 	1059130 	  
	  	HASTIE #009 	0.1940% 	F 	3-18-17S-28E 	L 	30-015-01398 	O 	  	  	     35065 	  	  	  
	32399 	HONDO K FEDERAL #001 	0.0289% 	F 	E-1 -17S-31E 	E 	30-015-05033 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	2806778 	2806777 	  
	  	HONDO K FEDERAL #002 	0.0289% 	F 	4-1 -17S-31E 	D 	30-015-10185 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	1211110 	1211130 	  
	30580 	HUDSON SAIKIN STATE #001 	0.0275% 	S 	2-31-17S-28E 	E 	30-015-02666 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1208210 	1208230 	   40238 
	  	HUDSON SAIKIN STATE #002 	0.0275% 	S 	2-31-17S-28E 	E 	30-015-24887 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1208210 	1208230 	   40238 
	301003 	HUMBLE #001 	0.2350% 	S 	G-15-18S-28E 	G 	30-015-01871 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1108010 	1108030 	   40238 
	  	HUMBLE #002 	0.2350% 	S 	L-22-18S-28E 	L 	30-015-02009 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1108010 	1108030 	   40238 
	32400 	HUMBLE STATE #001 	0.0708% 	S 	F-20-17S-29E 	F 	30-015-03013 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	1212210 	1212230 	   40238 
	  	HUMBLE STATE #003 	0.0708% 	S 	K-19-17S-29E 	K 	30-015-03007 	O 	950 	AID;YATES-SEVEN RIVERS 	     39479 	1206210 	1206230 	   40238 
	  	HUMBLE STATE #004 	0.0708% 	S 	N-19-17S-29E 	N 	30-015-03008 	O 	950 	AID;YATES-SEVEN RIVERS 	     39479 	1206210 	1206230 	   40238 
	30570 	JENNINGS #001 	0.2357% 	P 	A-18-18S-28E 	A 	30-015-23842 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1223610 	1223630 	   40238 
	32418 	LEONARD FEDERAL #009 	0.3090% 	F 	J-30-17S-29E 	J 	30-015-03191 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	2187910 	2187930 	  
	30572 	MALCO B FEDERAL #001 	1.2735% 	F 	J-6 -18S-27E 	J 	30-015-00795 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1216710 	1216730 	  
	33586 	MUSTANG 28 FEDERAL #001 	1.3347% 	F 	C-28-17S-30E 	C 	30-015-31953 	O 	96718 	LOCO HILLS; GLORIETA-YESO 	  	  	  	  
	30581 	RAMPO #001 	0.0162% 	S 	4-31-17S-28E 	M 	30-015-01639 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1216810 	1216830 	   40238 
	  	RAMPO #002 	0.0162% 	S 	3-31-17S-28E 	L 	30-015-01640 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1216810 	1216830 	   40238 
	32401 	RED LAKE FEDERAL #001 	0.0323% 	F 	K-10-17S-28E 	K 	30-015-26176 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1222010 	1222030 	  
	32402 	ROBINSON STATE #001 	0.2992% 	S 	E-27-17S-29E 	E 	30-015-03162 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	1211310 	1211330 	   40238 
	  	ROBINSON STATE #002 	0.2992% 	S 	D-27-17S-29E 	D 	30-015-03159 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	1211310 	1211330 	   40238 
	  	ROBINSON STATE #003 	0.2992% 	S 	E-27-17S-29E 	E 	30-015-03158 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	1211310 	1211330 	   40238 
	  	ROBINSON STATE #005 	0.2992% 	S 	D-27-17S-29E 	D 	30-015-03161 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	1211310 	1211330 	   40238 
	  	ROBINSON STATE #008 	0.2992% 	S 	E-27-17S-29E 	E 	30-015-25473 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	1211310 	1211330 	   40238 
	32405 	S L FEDERAL #001 	1.2998% 	F 	M-12-17S-29E 	M 	30-015-26541 	O 	57570 	SQUARE LAKE;GRAYBURG-SAN ANDRES 	     39479 	1207510 	1207530 	  
	32403 	SACKETT FEDERAL #001 	0.4489% 	F 	M-29-17S-29E 	M 	30-015-25132 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	1209010 	1209030 	  
	  	SACKETT FEDERAL #002 	0.4489% 	F 	N-29-17S-29E 	N 	30-015-25502 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	     39479 	1209010 	1209030 	  
	4965 	SAUNDERS #002 	0.0081% 	F 	P-13-17S-27E 	P 	30-015-00438 	O 	22230 	EMPIRE; YATES-SEVEN RIVERS 	     39479 	1062010 	  	  
	  	SAUNDERS #009 	0.0081% 	F 	P-13-17S-27E 	P 	30-015-00443 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1062010 	1062030 	  
	  	SAUNDERS #010 	0.0081% 	F 	I-13-17S-27E 	I 	30-015-21924 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1062010 	1062030 	  
	  	SAUNDERS #011 	0.0081% 	F 	J-13-17S-27E 	J 	30-015-22061 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1062010 	1062030 	  
	4966 	SAUNDERS A #002 	0.0108% 	F 	B-13-17S-27E 	B 	30-015-01247 	I 	22230 	EMPIRE; YATES-SEVEN RIVERS 	     39479 	  	  	  
	  	SAUNDERS A #007 	0.0108% 	F 	B-13-17S-27E 	B 	30-015-01244 	O 	22230 	EMPIRE; YATES-SEVEN RIVERS 	     39479 	1059510 	1059530 	  
	  	SAUNDERS A #009 	0.0108% 	F 	H-13-17S-27E 	H 	30-015-00446 	O 	22230 	EMPIRE; YATES-SEVEN RIVERS 	     39479 	1059510 	1059530 	  
	4967 	SAUNDERS B #003 	0.0323% 	F 	A-13-17S-27E 	A 	30-015-22725 	G 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1062410 	1062430 	  
	32421 	SINCLAIR A STATE #001 	0.0323% 	S 	3-19-17S-29E 	L 	30-015-03005 	O 	950 	AID;YATES-SEVEN RIVERS 	     39479 	1205910 	1205930 	   40238 
	32404 	SINCLAIR STATE #001 	0.1979% 	S 	P-9 -17S-29E 	P 	30-015-02931 	O 	57570 	SQUARE LAKE;GRAYBURG-SAN ANDRES 	     39479 	1219910 	1219930 	   40238 
	32413 	SKELLY STATE #001 	0.1904% 	S 	E-16-16S-29E 	E 	30-015-02736 	O 	30780 	HIGH LONESOME;QUEEN 	     39479 	2016210 	2016230 	   40238 
	  	SKELLY STATE #003 	0.1904% 	S 	F-16-16S-29E 	F 	30-015-02744 	O 	30780 	HIGH LONESOME;QUEEN 	     39479 	2016210 	2016230 	   40238 
	  	SKELLY STATE #006 	0.1904% 	S 	G-16-16S-29E 	G 	30-015-02746 	O 	30780 	HIGH LONESOME;QUEEN 	     39479 	2016210 	2016230 	   40238 
	  	SKELLY STATE #008 	0.1904% 	S 	A-16-16S-29E 	A 	30-015-02748 	O 	30780 	HIGH LONESOME;QUEEN 	     39479 	2016210 	2016230 	   40238 
	  	SKELLY STATE #009 	0.1904% 	S 	I-16-16S-29E 	I 	30-015-02749 	O 	30780 	HIGH LONESOME;QUEEN 	     39479 	2016210 	2016230 	   40238 
	  	SKELLY STATE #010 	0.1904% 	S 	L-15-16S-29E 	L 	30-015-02735 	O 	30780 	HIGH LONESOME;QUEEN 	     39479 	2016210 	2016230 	   40238 
	30573 	SMITH STATE #001 	0.2349% 	S 	1-4 -18S-28E 	A 	30-015-02556 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1206510 	1206530 	   40238 
	30575 	SOLT STATE #001 	0.2646% 	S 	O-5 -18S-28E 	O 	30-015-25277 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1209610 	1209630 	   40238 
	  	SOLT STATE #002 	0.2646% 	S 	P-5 -18S-28E 	P 	30-015-25278 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1209610 	1209630 	   40238 
	  	SOLT STATE #003 	0.2646% 	S 	O-5 -18S-28E 	O 	30-015-25390 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1209610 	1209630 	   40238 
	  	SOLT STATE #004 	0.2646% 	S 	P-5 -18S-28E 	P 	30-015-25391 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1209610 	1209630 	   40238 
	4969 	SPURCK #004 	0.0065% 	S 	I-24-17S-27E 	I 	30-015-22904 	O 	22230 	EMPIRE; YATES-SEVEN RIVERS 	     39479 	1059610 	1059630 	   40238 
	  	SPURCK #006Y 	0.0065% 	S 	I-24-17S-27E 	I 	30-015-23760 	O 	22230 	EMPIRE; YATES-SEVEN RIVERS 	     39479 	1059610 	1059630 	   40238 
	  	SPURCK #007 	0.0065% 	S 	I-24-17S-27E 	I 	30-015-23583 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1061710 	1061730 	   40238 
	  	SPURCK #008 	0.0065% 	S 	I-24-17S-27E 	I 	30-015-23589 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     39479 	1061710 	1061730 	   40238 
	30060 	SPURCK STATE #009 	0.0065% 	S 	F-24-17S-27E 	F 	30-015-30997 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	     36982 	1061710 	  	   37742 
	301004 	STATE 32 #001 	0.3374% 	S 	J-32-17S-28E 	J 	30-015-01655 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1108110 	1108130 	   40238 

	EXHIBIT A-1 
	Attached to Purchase and Sale Agreement between 
    
	Warren Hanson, d/b/a Hanson Energy and Kathie Hanson, his wife and
    
	Language Enterprises Corporation dated April 25, 2008.
    

	Property 	Well Name 	PSA Allocated 

      Value % 	Lease 

      Type 	ULSTR 	OCD UL 	API 	Well

      Type 	Pool 		Last 

      Prod/Inj 	Oil POD 	Gas POD 	In Add. 

      Bond 
	  	STATE 32 #002 	0.3374% 	S 	J-32-17S-28E 	J 	30-015-01656 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	1108110 	1108130 	40238 
	32416 	STATE 647 AC 724 #197 	0.1264% 	S 	B-36-17S-28E 	B 	30-015-10073 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	2187810 	2187830 	40238 
	  	STATE 647 AC 724 #202 	0.1264% 	S 	A-36-17S-28E 	A 	30-015-10461 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	2187810 	2187830 	40238 
	  	STATE 647 AC 724 #203 	0.1264% 	S 	P-25-17S-28E 	P 	30-015-10312 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	2187810 	2187830 	40238 
	30574 	STATE AE #001 	0.0162% 	S 	G-4 -18S-28E 	G 	30-015-25402 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	1210010 	1210030 	40238 
	  	STATE AE #002 	0.0162% 	S 	F-4 -18S-28E 	F 	30-015-25403 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	1210010 	1210030 	40238 
	4970 	STATE B #002 	0.4139% 	S 	B-17-18S-28E 	B 	30-015-01896 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	1207010 	1207030 	40238 
	  	STATE B #004 	0.0382% 	S 	M-22-17S-28E 	M 	30-015-22639 	O 	22260 	EMPIRE; YATES-SEVEN RIVERS, EAST 	39479 	1058710 	1058730 	40238 
	  	STATE B #005 	0.0382% 	S 	M-22-17S-28E 	M 	30-015-22642 	O 	22260 	EMPIRE; YATES-SEVEN RIVERS, EAST 	39479 	1058710 	1058730 	40238 
	  	STATE B #006 	0.0382% 	S 	M-22-17S-28E 	M 	30-015-22645 	O 	22260 	EMPIRE; YATES-SEVEN RIVERS, EAST 	39479 	1058710 	1058730 	40238 
	  	STATE B #007 	0.0382% 	S 	M-22-17S-28E 	M 	30-015-22676 	O 	22260 	EMPIRE; YATES-SEVEN RIVERS, EAST 	39479 	1058710 	1058730 	40238 
	32406 	STATE BGK #002 	0.0134% 	S 	P-2 -17S-31E 	P 	30-015-22585 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	39479 	1212010 	1212030 	40238 
	  	STATE BGK #003 	0.0134% 	S 	I-2 -17S-31E 	I 	30-015-22981 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	39479 	1212010 	1212030 	40238 
	  	STATE BGK #004 	0.0134% 	S 	P-2 -17S-31E 	P 	30-015-23375 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	39479 	1212010 	1212030 	40238 
	  	STATE BGK #005 	0.0134% 	S 	I-2 -17S-31E 	I 	30-015-23376 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	39479 	1212010 	1212030 	40238 
	32407 	STATE BK #003 	0.0196% 	S 	3-19-17S-31E 	L 	30-015-05273 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	39479 	1205710 	1205730 	40238 
	  	STATE BK #005 	0.0196% 	S 	3-19-17S-31E 	L 	30-015-10167 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	39479 	1205710 	1205730 	40238 
	32420 	STATE BKC #009 	0.0323% 	S 	N-2 -17S-31E 	N 	30-015-05042 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	39479 	1211610 	1211630 	40238 
	  	STATE BKC #010 	0.0323% 	S 	K-2 -17S-31E 	K 	30-015-05043 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	39479 	1211610 	1211630 	40238 
	30582 	STATE FV #001 	0.0323% 	S 	N-31-17S-28E 	N 	30-015-10118 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	39479 	1217010 	  	40238 
	30583 	STATE FW #001 	0.0762% 	S 	J-31-17S-28E 	J 	30-015-01642 	O 	51300 	RED LAKE;QUEEN-GRAYBURG-SA 	39479 	1217010 	1217030 	40238 
	30576 	STATE FX #001 	0.3722% 	S 	F-6 -18S-28E 	F 	30-015-10107 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	1207110 	1207130 	40238 
	30578 	STATE N #001 	0.1033% 	S 	N-8 -18S-28E 	N 	30-015-02643 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	1206910 	1206930 	40238 
	4971 	T E & K #001 	0.0162% 	F 	18-3 -17S-28E 	N 	30-015-01312 	G 	86960 	VANDAGRIFF KEYES;QUEEN (GAS) 	39479 	  	1060530 	  
	  	T E & K #002 	0.0162% 	F 	D-10-17S-28E 	D 	30-015-01347 	G 	86960 	VANDAGRIFF KEYES;QUEEN (GAS) 	39479 	  	1060530 	  
	  	T E & K #003 	0.0108% 	F 	C-10-17S-28E 	C 	30-015-01341 	G 	86960 	VANDAGRIFF KEYES;QUEEN (GAS) 	39479 	  	1060530 	  
	  	T E & K #008 	0.0108% 	F 	C-10-17S-28E 	C 	30-015-01336 	G 	86960 	VANDAGRIFF KEYES;QUEEN (GAS) 	39479 	  	1060530 	  
	  	T E & K #009 	0.0108% 	F 	F-10-17S-28E 	F 	30-015-01614 	G 	86960 	VANDAGRIFF KEYES;QUEEN (GAS) 	39479 	  	1060530 	  
	32408 	TIDEWATER K STATE #001 	0.1044% 	S 	M-2 -17S-31E 	M 	30-015-05046 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	39479 	2806779 	1211230 	40238 
	  	TIDEWATER K STATE #002 	0.1044% 	S 	L-2 -17S-31E 	L 	30-015-05047 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	39479 	2806779 	1211230 	40238 
	  	TIDEWATER K STATE #003 	0.1044% 	S 	E-2 -17S-31E 	E 	30-015-05048 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	39479 	2806779 	1211230 	40238 
	  	TIDEWATER K STATE #004 	0.1044% 	S 	H-2 -17S-31E 	H 	30-015-05049 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	39479 	1211210 	1211230 	40238 
	  	TIDEWATER K STATE #005 	0.1044% 	S 	1-2 -17S-31E 	A 	30-015-05045 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	39479 	1211210 	1211230 	40238 
	  	TIDEWATER K STATE #006 	0.1044% 	S 	1-2 -17S-31E 	A 	30-015-22641 	O 	28509 	GRAYBURG JACKSON;SR-Q-G-SA 	39479 	1211210 	1211230 	40238 
	4974 	VANDAGRIFF #003 	0.0046% 	F 	I-5 -17S-28E 	I 	30-015-01323 	G 	86960 	VANDAGRIFF KEYES;QUEEN (GAS) 	39479 	  	1061230 	  
	  	VANDAGRIFF #005 	0.0046% 	F 	J-5 -17S-28E 	J 	30-015-01318 	G 	86960 	VANDAGRIFF KEYES;QUEEN (GAS) 	39479 	  	1061230 	  
	  	VANDAGRIFF #007 	0.0046% 	F 	J-5 -17S-28E 	J 	30-015-01320 	G 	86960 	VANDAGRIFF KEYES;QUEEN (GAS) 	39479 	  	1061230 	  
	  	VANDAGRIFF #008 	0.0046% 	F 	H-5 -17S-28E 	H 	30-015-01321 	G 	86960 	VANDAGRIFF KEYES;QUEEN (GAS) 	39479 	  	1061230 	  
	  	VANDAGRIFF #009 	0.0046% 	F 	O-5 -17S-28E 	O 	30-015-01322 	G 	86960 	VANDAGRIFF KEYES;QUEEN (GAS) 	39479 	  	1061230 	  
	  	VANDAGRIFF #010 	0.0046% 	F 	B-8 -17S-28E 	B 	30-015-01329 	G 	86960 	VANDAGRIFF KEYES;QUEEN (GAS) 	39479 	  	1061230 	  
	  	VANDAGRIFF #011 	0.0046% 	F 	I-5 -17S-28E 	I 	30-015-01325 	G 	86960 	VANDAGRIFF KEYES;QUEEN (GAS) 	39479 	  	1061230 	  
	32409 	WENTZ STATE #001 	0.0162% 	S 	P-24-17S-28E 	P 	30-015-01523 	O 	950 	AID;YATES-SEVEN RIVERS 	39234 	1206110 	1206130 	39995 
	  	WENTZ STATE #002 	0.0162% 	S 	P-24-17S-28E 	P 	30-015-01524 	O 	950 	AID;YATES-SEVEN RIVERS 	39234 	1206110 	1206130 	39995 
	4975 	WEST #002 	0.0323% 	S 	P-24-17S-27E 	P 	30-015-22795 	O 	22230 	EMPIRE; YATES-SEVEN RIVERS 	39479 	1062310 	1062330 	40238 
	30569 	WEST ARTESIA GRAYBURG UNIT #001 	0.0349% 	S 	C-8 -18S-28E 	C 	30-015-02645 	I 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	  	  	40238 
	  	WEST ARTESIA GRAYBURG UNIT #002
    	0.0349% 	S 	D-8 -18S-28E 	D 	30-015-02640 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	1207210 	1207230 	40238 
	  	WEST ARTESIA GRAYBURG UNIT #003 	0.0349% 	S 	H-7 -18S-28E 	H 	30-015-02630 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	1207210 	1207230 	40238 
	  	WEST ARTESIA GRAYBURG UNIT #004
    	0.0349% 	S 	E-8 -18S-28E 	E 	30-015-02648 	I 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	  	  	40238 
	  	WEST ARTESIA GRAYBURG UNIT #005 	0.0349% 	S 	F-8 -18S-28E 	F 	30-015-02647 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	1207210 	1207230 	40238 
	  	WEST ARTESIA GRAYBURG UNIT #006
    	0.0349% 	S 	G-8 -18S-28E 	G 	30-015-10328 	I 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	  	  	40238 
	  	WEST ARTESIA GRAYBURG UNIT #007 	0.0349% 	S 	H-8 -18S-28E 	H 	30-015-02639 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	1207210 	1207230 	40238 
	  	WEST ARTESIA GRAYBURG UNIT #008
    	0.0349% 	S 	I-8 -18S-28E 	I 	30-015-02659 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	1207210 	1207230 	40238 
	  	WEST ARTESIA GRAYBURG UNIT #009 	0.0349% 	S 	J-8 -18S-28E 	J 	30-015-02658 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	1207210 	1207230 	40238 
	  	WEST ARTESIA GRAYBURG UNIT #011
    	0.0349% 	S 	K-8 -18S-28E 	K 	30-015-02655 	I 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	  	  	40238 
	  	WEST ARTESIA GRAYBURG UNIT #012 	0.0349% 	S 	L-8 -18S-28E 	L 	30-015-02649 	I 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	  	  	40238 
	  	WEST ARTESIA GRAYBURG UNIT #013
    	0.0349% 	S 	I-7 -18S-28E 	I 	30-015-02636 	I 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	  	  	40238 
	  	WEST ARTESIA GRAYBURG UNIT #014 	0.0349% 	P 	P-7 -18S-28E 	P 	30-015-02635 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	1207210 	1207230 	40238 
	  	WEST ARTESIA GRAYBURG UNIT #016
    	0.0349% 	P 	M-8 -18S-28E 	M 	30-015-02641 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	39479 	1207210 	1207230 	40238 

	EXHIBIT A-1 
	Attached to Purchase and Sale Agreement between 
    
	Warren Hanson, d/b/a Hanson Energy and Kathie Hanson, his wife and
    
	Language Enterprises Corporation dated April 25, 2008.
    

	Property 	Well Name 	PSA Allocated 

      Value % 	Lease 

      Type 	ULSTR 	OCD UL 	API 	Well 

      Type 	Pool 		Last 

      Prod/Inj 	Oil POD 	Gas POD 	In Add. 

      Bond 
	  	WEST ARTESIA GRAYBURG UNIT #017 	0.0349% 	P 	M-8 -18S-28E 	M 	30-015-02642 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1207210 	1207230 	40238 
	  	WEST ARTESIA GRAYBURG UNIT #018 	0.0349% 	P 	D-17-18S-28E 	D 	30-015-01899 	I 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	  	  	40238 
	  	WEST ARTESIA GRAYBURG UNIT #019 	0.0349% 	S 	C-17-18S-28E 	C 	30-015-01897 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1207210 	1207230 	40238 
	  	WEST ARTESIA GRAYBURG UNIT #020 	0.0349% 	S 	J-8 -18S-28E 	J 	30-015-23113 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1207210 	1207230 	40238 
	  	WEST ARTESIA GRAYBURG UNIT #021 	0.0349% 	S 	E-8 -18S-28E 	E 	30-015-23619 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1207210 	1207230 	40238 
	  	WEST ARTESIA GRAYBURG UNIT #022 	0.0349% 	S 	L-8 -18S-28E 	L 	30-015-23639 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1207210 	1207230 	40238 
	  	WEST ARTESIA GRAYBURG UNIT #024 	0.0349% 	P 	M-8 -18S-28E 	M 	30-015-23724 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1207210 	1207230 	40238 
	  	WEST ARTESIA GRAYBURG UNIT #026 	0.0349% 	S 	F-8 -18S-28E 	F 	30-015-23784 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1207210 	1207230 	40238 
	  	WEST ARTESIA GRAYBURG UNIT #027 	0.0349% 	S 	D-8 -18S-28E 	D 	30-015-23869 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1207210 	1207230 	40238 
	301005 	YATES STATE #001 	0.2195% 	S 	E-22-18S-28E 	E 	30-015-02011 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1108210 	1108230 	40238 
	  	YATES STATE #002 	0.2195% 	S 	N-15-18S-28E 	N 	30-015-01874 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1108210 	1108230 	40238 
	  	YATES STATE #003 	0.2195% 	S 	N-15-18S-28E 	N 	30-015-01875 	O 	3230 	ARTESIA;QUEEN-GRAYBURG-SAN ANDRES 	     39479 	1108210 	1108230 	40238 
	4976 	ZAIT #001 	0.0519% 	S 	L-22-17S-28E 	L 	30-015-22653 	O 	22260 	EMPIRE; YATES-SEVEN RIVERS, EAST 	     39479 	1058710 	1058730 	40238 
	  	ZAIT #002 	0.0519% 	S 	L-22-17S-28E 	L 	30-015-22675 	O 	22260 	EMPIRE; YATES-SEVEN RIVERS, EAST 	     39479 	1058710 	1058730 	40238 
	  	ZAIT #003 	0.0519% 	S 	L-22-17S-28E 	L 	30-015-23012 	O 	22260 	EMPIRE; YATES-SEVEN RIVERS, EAST 	     39479 	1058710 	1058730 	40238 
	  	ZAIT #004 	0.0519% 	S 	L-22-17S-28E 	L 	30-015-23062 	O 	22260 	EMPIRE; YATES-SEVEN RIVERS, EAST 	     39479 	1058710 	  	40238 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	Total Allocated Value - Wells	32.3497%	 	 	 	 	 	 	 	 	 	 	 

SCHEDULE "B"

to that Purchase and Sale Agreement dated for reference as of
April 25, 2008 
between Warren Hanson, d/b/a Hanson Energy and Kathie Hanson,
his wife 
and Language Enterprises Corp.

EQUIPMENT 

	1. 	
      Water Truck – Mack R600 Tandem Axle Truck

	 	 
	2. 	
      International Diesel Winch Truck

	 	 
	3. 	
      2000 F-250 4x4 Diesel Pickup (paid off)

	 	 
	4. 	
      Hydraulic Tubing Tongs

	 	 
	5. 	
      Older Diamond Reo Pulling Unit, Double Drum (equipped)
      Pulling Unit – has Hydraulic Raised Derrick

	 	 
	6. 	
      Two Gooseneck Water Trailers

	 	 
	7. 	
      12 to 14 Spare Pumping Units

	 	 
	8. 	
      Single Axle Pipe Trailer

	 	 
	9. 	
      Miscellaneous Spare Parts (Electrical, Nipples, Valves,
      etc.)

The total Allocated Value for the Equipment is 0.2836% .

SCHEDULE "C"

to that Purchase and Sale Agreement dated for reference as of
April 25, 2008 
between Warren Hanson, d/b/a Hanson Energy and Kathie Hanson,
his wife 
and Language Enterprises Corp.

MATERIAL CONTRACTS

Oil Purchase Contracts

	1. 	
      Contract dated October 22, 2003 between ConocoPhillps and
      Warren Hanson dba Hanson Energy.

	 	 
	2. 	
      Contract dated September 9, 2007 between Navajo Refining
      Company, L.P. and Hanson Energy.

Gas Purchase Contracts

	1. 	
      Contract dated May 20, 2002 between Duke Energy Field
      Services, LP (now DCP Midstream, LLC) and SDX Resources, Inc. (assumed by
      Warren Hanson).

	 	 
	2. 	
      Contract dated June 6, 2002 between Duke Energy Field
      Services, LP (now DCP Midstream, LLC) and Hanson
Energy.

SCHEDULE "D”

to that Purchase and Sale Agreement dated for reference as of
April 25, 2008 
between Warren Hanson, d/b/a Hanson Energy and Kathie Hanson,
his wife 
and Language Enterprises Corp.

ASSIGNMENT OF OVERRIDING ROYALTIES

(see attached)

ASSIGNMENT OF OVERRIDING ROYALTIES 

     THIS ASSIGNMENT, between _______________________________________,
  hereinafter referred to as "Assignor," whether one or more, and J. WARREN HANSON
  and wife, KATHIE HANSON, hereinafter referred to as "Assignee," whether one
  or more, P. O. Box 1348, Artesia, New Mexico 88211-1348, 

W I T N E S S E T H: 

     Assignor, in consideration of Ten
  and Other Dollars, the receipt and sufficiency of which are hereby acknowledged,
  does hereby grant, assign and convey to Assignee and Assignee's heirs, successors
  and assigns, an overriding royalty equal to 2.5% of the proceeds received from
  the sale of all (8/8) of the oil and gas which may be produced, saved and marketed
  under the terms of the oil and gas leases (“Leases”) as to the land
  and depths (collectively “Lands”) described in Exhibit “A”
  attached hereto and made a part hereof for all purposes.

     The overriding royalty shall be
  computed and paid at the same time and in the same manner as royalties payable
  to the lessor under the terms of the lease are computed and paid, and Assignee
  shall be responsible for Assignee's proportionate part of all taxes and assessments
  levied upon or against or measured by the production of oil and gas therefrom.
  The overriding royalty shall (a) be in addition to any existing overriding royalties
  and obligations payable out of production from the Lands, and (b) be subject
  to any governmentally approved cooperative or unit plan of development or operation
  or communitization or other agreement forming a well spacing or proration unit
  under the rules or regulations of the New Mexico Oil Conservation Division,
  to which the lease is now committed or may hereafter be committed, and in such
  event the overriding royalty shall be computed and paid on the basis of the
  oil and gas allocated to the lands pursuant to the terms of the plan or agreement.

     Assignor covenants with Assignee
  that Assignor is the lawful owner of, has good title to, and has the right to
  convey the overriding royalty, and that Assignor will warrant and defend the
  title thereto to Assignee and Assignee's heirs, personal representatives, successors
  and assigns, against the lawful claims and demands of all persons.

     EXECUTED this _________day of ____________,
  2008, but is effective the _____day of ________________, 2008 at 7:00 A.M.

				By:	 
				Its:	
	  	 	 	  	 
	STATE OF 	 	 	) 	 
	 	 	 	: ss.  	 
	COUNTY OF 	 	 	) 	 

     This instrument was acknowledged
  before me on __________________________, 2008, by ________________________________________________,
  _____________________________of _____________________________________________,
  a ___________________________corporation, on behalf of said corporation.

	My commission expires: 	 	 
		 	Notary Public 

SCHEDULE “D”

SCHEDULE "E"

to that Purchase and Sale Agreement dated for reference as of
April 25, 2008 
between Warren Hanson, d/b/a Hanson Energy and Kathie Hanson,
his wife 
and Language Enterprises Corp.

PERMITTED ENCUMBRANCES

	(1) 	
      Lessors’ royalties, overriding royalties, and division
      orders and sales contracts covering oil, gas or associated liquid or
      gaseous hydrocarbons, reversionary interests and similar burdens, if the
      net cumulative effect of such burdens does not operate to reduce the Net
      Revenue Interest of any Interest to less than the Net Revenue Interest set
      forth in Schedule “A”;

	 	 
	(2) 	
      Preferential rights to purchase (other than the Rights of
      First Refusal) and required third party consents to assignments and
      similar agreements with respect to which, prior to Closing, (i) waivers or
      consents are obtained from the appropriate parties, (ii) the appropriate
      time period for asserting such rights has expired without an exercise of
      such rights, (iii) arrangements can be made by Buyer and Seller to allow
      Buyer to receive substantially the same economic benefits as if all such
      waivers and consents had been obtained;

	 	 
	(3) 	
      Liens for taxes or assessments not yet due or not yet
      delinquent or, if delinquent, that are being contested in good faith in
      the normal course of business;

	 	 
	(4) 	
      All rights to consent by, required notices to, filings
      with, or other actions by governmental entities in connection with the
      sale or conveyance of oil and gas leases or interests therein if the same
      are customarily obtained routinely and subsequent to such sale or
      conveyance;

	 	 
	(5) 	
      Easements, rights-of-way, servitudes, permits, surface
      leases and other rights in respect of surface operations, pipelines,
      grazing, logging, canals, ditches, reservoirs or the like; and easements
      for streets, alleys, highways, pipelines, telephone lines, power lines,
      railways and other easements and rights-of-way, on, over or in respect of
      any of the Interests;

	 	 
	(6) 	
      Statutory or contractual liens of operators, vendors,
      mechanics and service companies relating to obligations not yet due or
      which Seller is not in default, or which Vendor is contesting in good
      faith;

	 	 
	(7) 	
      Such Title Defects or other defects as Buyer has waived
      pursuant to the terms of this Agreement;

	 	 
	(8) 	
      The terms and conditions of all Leases, agreements,
      orders, instruments, documents and other matters to which they are
      subject, regardless of whether they are expressly described in any of the
      schedules hereto;

	 	 
	(9) 	
      Rights reserved to or vested in any municipality or
      governmental, statutory or public authority to control or regulate any of
      the Interests in any manner, and all applicable laws, rules and orders of
      governmental authority; and

	 	 
	(10) 	
      Obligations owed by oil and gas operators to surface
      owners and surface owner lessees under the Surface Owners Protection Act,
      House Bill 827, effective July 1, 2007.

SCHEDULE "F"

to that Purchase and Sale Agreement dated for reference as of
April 25, 2008 
between Warren Hanson, d/b/a Hanson Energy and Kathie Hanson,
his wife 
and Language Enterprises Corp.

PENDING LITIGATION AND ENVIRONMENTAL ORDERS

	1. 	
      Remediation of State FW and State FV – Order dated April
      16, 2008, Oil Conservation Division requiring remediation of a former pit
      location in Unit J, Section 31, Township 17 South, Range 28 East, NMPM,
      Eddy County (State FW and State FV Leases). The plan of remediation agreed
      to and underway with completion of remediation to be by May 20,
    2008.

SCHEDULE "G"

to that Purchase and Sale Agreement dated for reference as of
April 25, 2008 
between Warren Hanson, d/b/a Hanson Energy and Kathie Hanson,
his wife 
and Language Enterprises Corp.

ASSIGNMENT, BILL OF SALE AND CONVEYANCE

(see attached)

ASSIGNMENT, BILL OF SALE AND CONVEYANCE OF OIL AND GAS LEASES

     THIS CONVEYANCE, between J. WARREN
  HANSON and wife, KATHIE HANSON, hereinafter referred to as "Assignor," whether
  one or more, and _____________________, ___________________________, _________________________________________,
  ____________________, hereinafter referred to as "Assignee,"

W I T N E S S E T H:

     1. Assignor, for valuable consideration
  paid to Assignor by Assignee, the receipt and sufficiency of which are hereby
  acknowledged, does hereby grant, bargain, sell, convey and assign, set over
  and deliver, effective ___________________at _________, unto Assignee, and Assignee's
  successors and assigns, the following:

     a) The interests in the oil and
  gas leases and operating rights which are specifically described in Exhibit
  "A" attached hereto and made a part hereof; subject, however, to the restrictions,
  exceptions, reservations, conditions, limitations, existing royalties, overriding
  royalties, production payment interests, burdens on production and other matters,
  if any, heretofore created and validly shown of record;

     b) All of Assignor's right, title
  and interest in, to and under, or derived from:

i) All of the presently existing and
  valid unitization agreements and unit operating agreements and the properties
  and interests credited thereby;

ii) All of the presently existing and
  valid oil, casinghead gas and gas sales purchase agreements; and

iii) All other contracts, agreements
  and instruments, 

which relate to any of the properties and interests specifically
  described in Exhibit "A" (or properties unitized therewith), or to the production
  of oil, gas and other hydrocarbon substances from or attributable to said interests;

     c) Without limiting the foregoing,
  all of Assignor's right, title and interest (whether now owned or hereafter
  acquired by operation of law or otherwise) in and to the lands specifically
  described in Exhibit "A," and in, to and under or derived from all interests
  in oil and gas leases, operating rights and other interests of whatsoever character,
  insofar as the same cover or relate to said lands, even though Assignor's interest
  in any specific portion of said lands, and said interests in oil and gas leases,
  operating rights and other interests which are specifically described in Exhibit
  "A," be incorrectly described or referred to in Exhibit "A."

     d) All personal property, improvements,
  easements, permits, licenses, servitudes and rights-of-way situated upon or
  used or useful or held for future use in connection with the exploration, development
  or operation of the interests described in Exhibit "A" or the production, treating,
  storing or transportation of oil, gas and other hydrocarbon substances, including,
  but not by way of limitation, wells, casing, tubing, pumps, flow lines, gas
  lines, water lines, salt water disposal facilities, tanks, separators, buildings,
  machinery, equipment, roads and other appurtenances situated on the interests
  described in Exhibit "A" or lands unitized therewith or which are used in connection
  with hydrocarbon operations on the interests described in 1 a), b) and c) above,
  or lands unitized therewith.

2. THE INTERESTS ARE BEING CONVEYED TO AND ASSIGNED TO AND ACCEPTED
  BY THE ASSIGNEE IN THEIR “AS IS, WHERE IS” CONDITION AND STATE OF

SCHEDULE “G”

REPAIR AND WITH ALL FAULTS AND DEFECTS WITHOUT ANY REPRESENTATION,
  WARRANTY OR COVENANT OF ANY KIND OR NATURE, EXPRESS, IMPLIED OR STATUTORY, INCLUDING
  BUT NOT LIMITED TO, WARRANTIES OF MERCHANTABILITY, QUALITY, CONDITION AND/OR
  FITNESS FOR A PARTICULAR PURPOSE, ALL OF WHICH ARE EXPRESSLY DISCLAIMED. IT
  IS UNDERSTOOD AND AGREED THAT THE ASSIGNEE HAS INSPECTED THE INTERESTS CONVEYED
  HEREUNDER, THE EQUIPMENT AND THE ASSETS AND SATISFIED ITSELF AS TO THEIR PHYSICAL
  CONDITION AND THAT THE ASSIGNEE SHALL ACCEPT ALL OF THE SAME IN THEIR “AS
  IS, WHERE IS” STATE OF REPAIR AND WITH ALL FAULTS AND DEFECTS. IN ADDITION,
  ASSIGNOR MAKES NO REPRESENTATION, COVENANT OR WARRANTY, EXPRESS, IMPLIED OR
  STATUTORY, CONCERNING THE QUALITY OR QUANTITY OF HYDROCARBONS OR THE ABILITY
  OF THE INTERESTS CONVEYED HEREUNDER TO PRODUCE HYDROCARBONS OR THE PRICES WHICH
  ASSIGNEE IS OR WILL BE ENTITLED TO RECEIVE FOR ANY SUCH HYDROCARBONS

     3. This conveyance is made subject
  to the terms and conditions of the Purchase and Sale Agreement between Assignor
  and Assignee dated ________________, 2008.

     4. Assignor shall execute and deliver
  all such other instruments, notices, division or transfer orders, releases,
  acquittances and documents, and will do all such other acts and things as may
  be necessary to more fully assure Assignee, its successors and assigns, all
  of the respective rights, titles, interests, estates, remedies, powers and privileges
  herein and hereby granted, bargained, sold, conveyed, assigned and delivered
  or intended so to be.

     5. Assignee shall observe and comply
  with all covenants, terms and provisions, express or implied, contained in the
  agreements, leases, easements and all other contracts pertaining to Assignor's
  interest in the Assets which appear of record in the records of Eddy County
  as of the Effective Date of closing of this purchase and sale, or are found
  in the files of Assignor, or have otherwise been provided to Assignee.

     6. Assignor makes no warranties
  of title, either express or implied, but this conveyance is made with full substitution
  and subrogation of the Assignee in and to all covenants and warranties heretofore
  given or made by others in respect to the interests conveyed herein or any part
  thereof.

     7. All of the covenants and agreements
  of Assignor shall be deemed to be covenants running with the land and shall
  inure to the benefit of and be binding upon the respective heirs, successors
  and assigns of Assignor and Assignee.

     IN WITNESS WHEREOF, Assignor has
  caused this conveyance to be duly executed on this ______day of _____________,
  2008.

	 	 "Assignor" 

	 	 	 
	 	 	 
	 	J. WARREN HANSON 
	 	 	 
	 	 	 
	 	KATHIE HANSON 
	 	 	  
	 	 "Assignee" 

	 	 
	 	 	 
	 	 	 
	 	By:	
	 	Its:	

 -2-

	STATE OF NEW MEXICO 	)	
	  	  : ss.	
	COUNTY OF EDDY 	)	
	  	  	  
	     
        This instrument was acknowledged before me on ____________________, 2008,
        by J. WARREN HANSON and wife, KATHIE HANSON. 

	  	  	  
	My commission expires: 	  
	  	  	 Notary Public 

	  	  	  
	STATE OF 	  	) 
	  	  	: ss. 
	COUNTY OF 	  	) 
	  	  	  
	     
        This instrument was acknowledged before me on __________________________,
        2008, by ________________________________________________, ________________________________________________
        of _____________________________________________, a ________________________________________________
        corporation, on behalf of said corporation. 

	  	  	  
	My commission expires: 	  
	  	  	 Notary Public 

-3-

EXHIBIT "A"

Attached to that certain Assignment, Bill of Sale and Conveyance
  of Oil and Gas Leases dated ________________, 2008 but effective _______________at
  7:00 A.M. between J. Warren Hanson and wife, Kathie Hanson, and __________________

SCHEDULE "H"

to that Purchase and Sale Agreement dated for reference as of
April 25, 2008 
between Warren Hanson, d/b/a Hanson Energy and Kathie Hanson,
his wife 
and Language Enterprises Corp.

AFFIDAVIT OF LIENS AND ENCUMBRANCES

(see attached)

AFFIDAVIT OF

  LIENS AND ENCUMBRANCES

STATE OF NEW MEXICO

COUNTY OF EDDY

     1. Affiant, Warren
  Hanson is the owner and principal of Hanson Energy, a sole proprietorship (the
  “Vendor”).

     2. The Vendor
  is the owner of the assets (the “Assets”) set out in the purchase
  and sale agreement (the “Purchase and Sale Agreement”) dated April
  25, 2008 between the Vendor and Doral Energy Corp. (formerly “Language
  Enterprises Corp.”), a Nevada corporation (the “Puchaser”), which
  are being conveyed to the Purchaser, effective _______________, 2008 (the “Effective
  Date”).

     3. There are no
  unrecorded labor, mechanic’s, or materialmen’s liens against the Assets,
  and no material has been furnished to or labor performed upon the Assets which
  have not been paid in full or which otherwise will be paid in the regular course
  of business.

     4. Affiant has
  received no notice of nor has any knowledge of any other liens or assessments
  against the Assets for periods prior to the Effective Date .

     5. There are no
  contracts for sale, option rights, first refusal rights, or other purchase rights
  with respect to the Assets except as set out in Schedule “I” of the
  Purchase and Sale Agreement.

     6. There are no
  mortgages, recorded or unrecorded encumbering the Assets other than those set
  out in Exhibit “A”, attached to this Affidavit, all of which will
  be released at closing.

	 	 	 
	  	  	Affiant, Warren Hanson 
	  	  	  
	          
        Warren Hanson, being first duly sworn, states on oath that all of the
        representations in this affidavit are true as far as affiant knows or
        is informed, and that such affidavit is true, accurate and complete to
        the best of affiant's knowledge and belief. 

	  	  	  
		  
	  	  	Warren Hanson 
	  	  	  
	STATE OF NEW MEXICO 	§ 	  
	  	§ ss. 	  
	COUNTY OF EDDY 	§ 	  
	  	  	  
	          SUBSCRIBED
      AND SWORN TO before me this _____ day of _________, 2008. 
	  	  	  
	My commission expires: 	  	  
	  	  	Notary Public 

SCHEDULE “I”

to that Purchase and Sale Agreement dated for reference as of
April 25, 2008 
between Warren Hanson, d/b/a Hanson Energy and Kathie Hanson,
his wife 
and Language Enterprises Corp.

RIGHTS OF FIRST REFUSAL

	1. 	
      State N Lease: In Operating Agreement between Gulf
      Oil Corporation, (now BP America Production Co.) and L. N. Marbry, dated
      October 31, 1956, recorded Book 77, Page 392, Oil and Gas Records, Gulf
      Oil Corporation reserves a preferential right to purchase.

	 	 
	2. 	
      Gulf Kepple Fee Lease: An Assignment dated May 1,
      1971, recorded Book 79, Page 807, Miscellaneous Records, from Jimmie E.
      Collier, a widow, to David C. Collier makes reference to a preferential
      right to purchase reserved by Gulf Oil Corporation in Assignment dated
      August 12, 1959 from Gulf Oil Corporation (now Chevron USA, Inc.) to R. D.
      Collier.

	 	 
	3. 	
      Sackett Federal Lease: In Transfer, Assignment or
      Sublease of Operating Rights dated April 30, 1985, recorded Book 254, Page
      403, Eddy County Records, Phillips Petroleum Company (now ConocoPhillips
      Company) reserves a preferential right to purchase.

	 	 
	4. 	
      State B Lease: In Operating Agreement between Gulf
      Oil Corporation, (now held by SDX Resources, Inc.) and L. N. Marbry, dated
      October 31, 1956, recorded Book 77, Page 392, Oil and Gas Records, Gulf
      Oil Corporation reserves a preferential right to
  purchase.

SCHEDULE “J”

to that Purchase and Sale Agreement dated for reference as of
April 25, 2008 
between Warren Hanson, d/b/a Hanson Energy and Kathie Hanson,
his wife 
and Language Enterprises Corp.

ADDITIONAL LANDS

		DESCRIPTION 	ALLOCATED VALUE 
	1. 	Lot 26 (“Lot”), Artesia View Subdivision No. 4,
      as shown on the official filed plat thereof filed in the Offices of the
      Eddy County Clerk (surface only). 	0.0436%

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