Document:

Exhibit
10.22

 

BRIDGE
NOTE

 

	Principal Amount: USD
    $220,000.00	Issue
    Date: January 17, 2020
	Actual Amount of Purchase Price: USD
    $200,000.00	 

 

THIS
BRIDGE NOTE (this “Note”) is made as of January 17, 2020 (the “Issue Date”), by FOOTHILLS PRODUCTION
I, LLC, a Wyoming limited liability company (hereinafter the “Company” or “Borrower”),
for the benefit of BEIJING GAS BLUE SKY HOLDINGS LIMITED, a limited liability company incorporated in Bermuda, whose registered
address is at Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda, and its successors and assigns (“Lender”),
in the principal amount of Two Hundred Twenty Thousand and No/100ths United States Dollars (USD $220,000.00), due and payable
on April 17, 2020 (the “Maturity Date”).

 

FOR
VALUE RECEIVED, Borrower hereby promises to pay Lender the principal sum of USD $220,000.00 (the “Principal Amount”),
which amount is the USD $200,000.00 actual amount of the purchase price (the “Consideration”) hereof plus an original
issue discount in the amount of USD $20,000.00 (the “OID”) together with accrued unpaid interest on or before the
Maturity Date.

 

1.
Funding Amount. Lender shall disperse
funds pursuant to this Note according to the specific instructions as described in Exhibit A, attached hereto and incorporated
herein.

 

2.
Payments. Payments shall be made at such
place as Lender may direct in lawful money of the United States of America. The full amount of this Note shall be paid by Borrower
to Lender on or before the Maturity Date.

 

3.
Merger/Joiner. All amounts due pursuant
to this Note may be subsequently merged or joined into a larger senior secured promissory note or corporate debenture with the
Borrower’s parent company at the Lender’s option.

 

4.
Interest. The Note shall bear interest
at the rate of twelve- and one-half percent (12.5%) per annum, payable quarterly.

 

5.
Prepayment. Borrower reserves the right
to prepay all or any portion of this Note at any time and from time to time without premium or penalty of any kind. Any partial
prepayment shall be applied first to interest accrued through the date of payment and then to principal.

 

    	 	 	 

    	 

    

 

6.
Defaults and Remedies.

 

(a)
Events of Default. The occurrence of any of the following events shall constitute an “Event of Default” hereunder:
(i) the Borrower shall fail to pay any of the Principal Amount and the Interest or other sums due under this Note within ten (10)
business days of when any such payment shall be due and payable; (ii) the Borrower makes an assignment of substantially all of
its assets for the benefit of creditors; (iii) any order or decree is rendered by a court which appoints or requires the appointment
of a receiver, liquidator or trustee for the Borrower, and the order or decree is not vacated within seventy five days from the
date of entry thereof; (iv) any order or decree is rendered by a court adjudicating the Borrower insolvent, and the order or decree
is not vacated within seventy five days from the date of entry thereof; (v) the Borrower files a petition in bankruptcy under
the provisions of any Debtor Relief Law; (vi) the Borrower admits, in writing, its inability to pay its debts as they become due
(provided, however, that receipt by the Borrower of an audit letter from its accountants questioning the viability of the Borrower
as a going concern shall not, in and of itself, be construed as an admission by the Borrower of its inability to pay its debts
as they become due); (vii) a proceeding or petition in bankruptcy is filed against the Borrower and such proceeding or petition
is not dismissed within ninety days from the date it is filed; (viii) the Borrower files a petition or answer seeking reorganization
or arrangement under any Debtor Relief Law or similar law of any other foreign country; or (ix) the Borrower shall fail to perform,
comply with or abide by any of the stipulations, agreements, conditions and/or covenants contained in this Note on the part of
the Borrower to be performed complied with or abided by, and such failure is not cured within forty five days after written notice
of such failure is delivered by Lender to the Borrower. “Debtor Relief Law” means the Bankruptcy Code of the United
States (Title 11), and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium,
rearrangement, receivership, insolvency, reorganization, or similar debtor relief laws of the United States or other applicable
jurisdictions from time to time in effect and affecting the rights of creditors generally.

 

(b)
Default Rate. Upon any default in payment of principal hereunder, Borrower shall pay interest on the principal balance of
this Note then outstanding and on the accrued but unpaid interest from the date of such default until such default shall be cured
and this Note paid in full at the rate of eighteen percent (18%), compounded annually (“Default Rate”).

 

(c)
Remedies. Upon the occurrence of one or more Events of Default, the Lender, at its option after forty five (45) days following
written notice, demand or presentment for payment to the Company, may declare the then Principal Amount of this Note, together
with all other sums due under this Note, immediately due and payable, together with all accrued and unpaid the Interest thereon
and thereafter all such sums shall bear interest at the Default Rate, together with all reasonable attorneys’ fees, paralegals’
fees and costs and expenses incurred by the Lender in collecting or enforcing payment thereof (whether such reasonable fees, costs
or expenses are incurred in negotiations, all trial and appellate levels, administrative proceedings, bankruptcy proceedings or
otherwise), and all other sums due by the Borrower hereunder, all without any relief whatsoever from any valuation or appraisement
laws and payment thereof may be enforced and recovered in whole or in part at any time by one or more of the remedies provided
to the Lender at law, in equity, or under this Note.

 

7.
Waiver by Borrower. Borrower, for itself
and for any guarantors, sureties, endorsers and/or other person or persons now or hereafter liable hereon, if any, hereby waives
demand of payment, presentment for payment, protest, notice of nonpayment or dishonor and any and all other notices and demands
whatsoever, and any and all delays or lack of diligence in the collection hereof, and expressly consents and agrees to any and
all extensions or postponements of the time of payment hereof from time to time at or after maturity and any other indulgence
and waives all notice thereof.

 

8.
No Waiver by Lender. No delay or failure
by Lender in exercising any right, power, privilege or remedy hereunder shall affect such right, power, privilege or remedy or
be deemed to be a waiver of the same or any part thereof; nor shall any single or partial exercise thereof or any failure to exercise
the same in any instance preclude any further or future exercise thereof, or the exercise of any other right, power, privilege
or remedy, and the rights and privileges provided for hereunder are cumulative and not exclusive.

 

    	 	 	Page
                                         2
                                         of 4

    	 

    

 

9.
Assignment. Lender may sell, assign, pledge
or otherwise transfer all or any portion of its interest in this Note at any time or from time to time without prior notice to
or consent of and without releasing any party liable or becoming liable hereon.

 

10.
Miscellaneous.

 

(a)
This Note shall be governed by and construed
in accordance with the laws of the State of California. The terms of this Note are severable, and if any provision, or the application
of any provision, shall be declared invalid or unenforceable, the remaining provisions and all other applications of such provisions
shall remain in full force and effect, and shall not be impaired in any way and, if possible, any invalid terms involving interest
or penalties shall be revised to the extent necessary to make them valid and enforceable.

 

(b)
This Note may not be amended (except as otherwise
provided herein) or modified except by a written agreement signed by Borrower and Lender.

 

(c)
This Note and every covenant and agreement herein
contained shall be jointly and severally binding upon each party or entity executing this Note as or on behalf of Borrower and
its successors and assigns and shall inure to the benefit of Lender and its successors and assigns. Whenever used herein, the
terms “Borrower” and “Lender” shall also mean, to the extent applicable, the successors and assigns of
Borrower and Lender, and the term “including” shall mean “including, without limitation.”

 

(d)
Borrower shall pay on demand all costs and expenses
(including attorneys’ fees) incurred by Lender in connection with the enforcement of this Note if the Note is not paid in
full on or before the maturity Date, whether or not suit is filed by Lender.

 

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                                         3
                                         of 4

    	 

    

 

IN
WITNESS WHEREOF, the undersigned has duly caused this Note to be executed and delivered as of the date first written above.

 

	BORROWER:	 	LENDER
	 	 	 
	FOOTHILLS
        PRODUCTION I, LLC

        a
        Wyoming limited liability company
	 	Lender hereby agrees
    and subscribes to the terms of this Bridge Note for funding.
	 	 	 
	 	 	BEIJING
        GAS BLUE SKY HOLDINGS LIMITED

        a
        Bermuda limited liability company

 

	By:	 	 	By:	 
	 	 	 	 	 
	Name:	B.P. Allaire	 	Name:	 
	 	 	 	 	 
	Title:	Manager	 	Title:	 

 

    	 	 	Page 4 of 4Exhibit
10.23

 

DATED
January 18, 2020

 

BERWIN
TRADING Limited

 

and

 

PROFIT
WELL LIMITED

 

and

 

FOOTHILLS
EXPLORATION, INC.

 

and

 

BEIJING
GAS BLUE SKY HOLDINGS Limited

 

 

 

Deed
of Novation and Assignment

 

 

 

    	 	 	 

    	 

    

 

TABLE
OF CONTENTS

 

	1.	Definitions
    and Interpretation	1
	2.	Bonds	3
	3.	Costs	5
	4.	General	5
	5.	Governing
    Law and Arbitration	6

 

    	 	 	 

    	 

    

 

THIS
DEED is made on the 18TH day of JANUARY, 2020

 

BETWEEN:

 

	(1)	BERWIN
    TRADING LIMITED, a company incorporated in the British Virgin Islands whose registered address is at British Virgin Islands
    (“Assigner Berwin”);
	 	 
	(2)	PROFIT
    WELL LIMITED, a limited liability company incorporated under the laws of Hong Kong (“Assigner Profit Well”)
	 	 
	(3)	FOOTHILLS
    EXPLORATION, INC., a Delaware corporation whose address is 10940 Wilshire Blvd., 23rd Floor, Los Angeles, CA 90024
    (the “Assignee”); and
	 	 
	(4)	BEIJING
    GAS BLUE SKY HOLDINGS LIMITED, a limited liability company incorporated in Bermuda whose registered address is at Clarendon
    House, 2 Church Street, Hamilton HM 11, Bermuda (“BGBS”).

 

WHEREAS:

 

	(A)	BGBS
    subscribed and the Assigners issued various Bonds with total principal, interest and penalties currently due in the amount
    of USD $5,476,505;
	 	 
	(B)	The
    Assignee is a company whose common stock is listed on a U.S. Exchange;
	 	 
	(C)	The
    Assigner Berwin is holding 3,457,519 shares of Assignee’s common stock under the name of Berwin Trading Limited and
    Assigner Profit Well is holding 1,503,759 shares of Assignee’s common stock under the name of Ouyang Lan Fang.
	 	 
	(D)	The
    parties to this Deed have agreed to the novation of the Bonds at the outstanding amounts due as at 18th January
    2020 pursuant to Clause 2.1 of this Deed so that:

 

	 	(i)	all
    rights, title and interest of the Assigners in each of the Bonds will be transferred to the Assignee;
	 	 	 
	 	(ii)	the
    Assignee will assume the liabilities and perform the obligations of the Assigners under the Bonds;
	 	 	 
	 	(iii)	the
    Assigners will be released and discharged from those liabilities and obligations.

 

    	 	1	 

    	 

    

 

NOW
THIS DEED WITNESSETH as follows:

 

	1.	Definitions
    and Interpretation

 

	1.1	Definitions

 

In
this Deed, unless the context requires otherwise, capitalised terms used shall have the same meanings as defined in the respective
Debenture, Bridge Note and/or Bond documents and the following words and expressions shall have the following meanings:

 

A
series of debentures, bridge notes, and/or bonds in different tranches and amounts issued by Tiger Energy Partners International,
LLC and Foothills Exploration, Inc. and/or its direct and indirect subsidiaries to BGBS, Berwin Trading Limited and Profit Well
Limited.

 

BGBS
also provided a series of notes from 2018

 

“Bond”
means a bond, promissory note, bridge note and/or debenture previously issued by Assignee and/or one of Assignee’s direct
and/or indirect subsidiaries.

 

“Dispute”
has the meaning set out in Clause 5.2.1;

 

“HKIAC”
means the Hong Kong International Arbitration Centre;

 

“HKIAC
Rules” means the HKIAC Administered Arbitration Rules

 

“Hong
Kong” means the Hong Kong Special Administrative Region of the People’s Republic of China;

 

“HK$”
means Hong Kong dollar, the lawful currency of Hong Kong;

 

“Transaction
Document” means a bond, promissory note, bridge note, and/or debenture document issued by Assignee and/or one of Assignee’s
direct and/or indirect subsidiaries for previous transactions referenced herein.

 

“US$”
means United States dollar, the lawful currency of United States of America;

 

	1.2	Modification,
    etc. of Legislation

 

Any
references, express or implied, to statutes or statutory provisions shall be construed as references to those statutes or provisions
as respectively amended or re-enacted or as their application is modified from time to time by other provisions (whether before
or after the date of this Deed) and shall include any statutes or provisions of which they are re-enactments (whether with or
without modification) and any orders, regulations, instruments or other subordinate legislation under the relevant statute or
statutory provision. References to Sections of consolidating legislation shall, wherever necessary or appropriate in the context,
be construed as including references to the Sections of the previous legislation from which the consolidating legislation has
been prepared.

 

	1.3	Clauses,
    Schedules, etc.

 

References
in this Deed to Clauses, Recitals and Schedules are to clauses in, and recitals and schedules to, this Deed (unless the context
otherwise requires). The Recitals and Schedules to this Deed shall be deemed to form part of this Deed.

 

	1.4	Headings

 

Headings
are inserted for convenience only and shall not affect the construction of this Deed.

 

    	 	2	 

    	 

    

 

	1.5	Persons

 

References
to “persons” shall include bodies corporate, unincorporated associations and partnerships (whether or not having
separate legal personality).

 

	1.6	Gender

 

The
masculine gender shall include the feminine and neuter and the singular number shall include the plural and vice versa.

 

	1.7	Time

 

Any
reference to a time of a day is to Hong Kong time.

 

	1.8	Construction
    of Certain References

 

	 	1.8.1	In
    construing this Deed:

 

	 	(a)	the
    rule known as the ejusdem generis rule shall not apply and, accordingly, general words introduced by the word “other”
    shall not be given a restrictive meaning by reason of the fact that they are preceded by words indicating a particular class
    of acts, matters or things; and
	 	 	 
	 	(b)	general
    words shall not be given a restrictive meaning by reason of the fact that they are followed by particular examples intended
    to be embraced by the general words.

 

	 	1.8.2	This
    Deed may not be construed adversely to a Party only because that Party was responsible for preparing it.

 

	2.	Bonds

 

	2.1	Outstanding
    amounts of Bonds

 

The
outstanding principal amounts of each of the Bonds as at 13th January 2020 are stipulated below:

 

Principal,
Interest and Penalties Due:

 

	Berwin Trading Limited Bonds & Profit Well Limited Bridge Note	 	$	5,336,505	 
	11/4/2019 – Bridge Loan to Foothills Production I, LLC:	 	$	90,000	 
	12/11/2019 – Bridge Loan to Foothills Production I, LLC	 	$	50,000	 
	 	 	 	 	 
	GRAND TOTAL:	 	$	5,476,505	 

 

    	 	3	 

    	 

    

 

	2.2	Novation

 

With
effect immediately after Completion, the Assigners shall novate to the Assignee all obligations and liabilities of each respective
Assigner under or in relation to each of the Bonds. The new Maturity Date pursuant to this novation for the combined total balance
of USD $5,476,505 described in Section 2.1 above shall be hereby extended to December 31, 2023. The Interest Rate for the new
Note described above shall be 13.5%. Assignee shall make a principal payment in the amount of $500,000 on December 31, 2020, and
another principal payment of $500,000 on December 31, 2021. Assignee shall also make quarterly interest payments in the approximate
amount of $184,832, with the first such interest payment due on January 30, 2022.

 

	2.3	Assumption
    of Liabilities and Obligations

 

With
effect immediately after Completion, the Assignee shall assume all obligations and liabilities of the Assignee under and in relation
to the Bonds. The Assignee hereby undertakes to perform and discharge each of the amounts payable under each of the Bonds.

 

	2.4	Release
    of Assigners

 

BGBS
hereby consents to the Novation set forth in Clauses 2.1, 2.2 and 2.3 above and absolutely and unconditionally releases and discharges
the Assigners from all obligations, liabilities, claims and demands whatsoever, howsoever arising under or in relation to the
Bonds immediately after Completion.

 

	2.5	Assignment

 

With
effect immediately after Completion, the Assigners as legal and beneficial owners hereby assign to the Assignee absolutely and
the Assignee agrees to take an assignment of all the Assigners’ right, title and interest in each of the Bonds together
with the full benefit and advantage attaching thereto.

 

	2.6	Notice

 

BGBS
hereby takes notice of and consents to the assignment set forth in Clause 2.5 above.

 

	2.7	Acknowledgement

 

Following
the transactions contemplated under Clauses 2.1 to 2.6 above becoming effective, the Assignee will be bound by the terms of the
Bonds in all respects as if the Assignee had been named as a party to the Bonds and had issued the Bonds in place of the Assigner.

 

    	 	4	 

    	 

    

 

	3.	Costs

 

	3.1	Costs
    and Expenses

 

Save
as expressly provided in this Deed or any other Transaction Document, each Party shall pay its own costs (including Taxes) in
connection with the negotiation, preparation, execution and implementation of this Deed and the other Transaction Documents and
any other matters in connection therewith.

 

	4.	General

 

	4.1	Successors
    and Assigns

 

This
Deed shall be binding upon and inure for the benefit of the successors, assigns and legal personal representatives of the Parties.

 

	4.2	Whole
    Agreement

 

This
Deed (together with the other Transaction Documents) constitutes the whole agreement between the Parties relating to the subject
matter of this Deed and shall supersede any previous agreements or arrangements between them relating to the subject matter hereof.

 

	4.3	Invalidity

 

If
any provision or part of a provision of this Deed shall be, or be found by any authority or court of competent jurisdiction to
be, invalid or unenforceable, such invalidity or unenforceability shall not affect the other provisions or parts of such provisions
of this Deed, all of which shall remain in full force and effect.

 

	4.4	Further
    Assurance

 

At
any time after the date of this Deed, each Party shall, and shall use all reasonable endeavours to procure (to the extent it is
legally or contractually entitled to do so) that any necessary third party shall, execute such documents and do such acts and
things as the other Parties may reasonable require for the purpose of giving to such Parties the full benefit and provisions of
this Deed.

 

	4.5	Counterparts

 

This
Deed may be executed in one or more counterparts, and by the Parties on separate counterparts, but shall not be effective until
each Party has executed at least one counterpart and each such counterpart shall constitute an original of this Deed but all the
counterparts shall together constitute one and the same instrument.

 

	4.6	Third
    Party Rights

 

	 	4.6.1	Unless
    expressly provided to the contrary in this Deed, a person who is not a Party has no right under the Contracts (Rights of Third
    Parties) Ordinance (Chapter 623) of the Laws of Hong Kong to enforce or to enjoy the benefit of any term of this Deed.
	 	 	 
	 	4.6.2	Notwithstanding
    any term of this Deed, the consent of any person who is not a Party is not required to rescind or vary this Deed at any time.

 

    	 	5	 

    	 

    

 

	5.	Governing
    Law and Arbitration

 

	5.1	Governing
    Law

 

This
Deed is governed by, and shall be construed in accordance with, the laws of Hong Kong.

 

	5.2	Arbitration

 

	 	5.2.1	Any
    dispute, controversy or claim arising out of or relating to this Deed or any other Transaction Document, or the breach, termination
    or invalidity thereof, (each, a “Dispute”) shall be referred to and finally resolved by arbitration in
    accordance with the provisions of this Clause 5.2.
	 	 	 
	 	5.2.2	Where
    a Dispute is referred to arbitration by any Party, the arbitration shall take place in Hong Kong and be administered by the
    HKIAC in accordance with the HKIAC Rules in force when the Notice of Arbitration is submitted in accordance with the HKIAC
    Rules. There shall be one arbitrator who shall be appointed by the HKIAC. The language to be used in the arbitral proceedings
    shall be English and the applicable law of the arbitration shall be Hong Kong law.
	 	 	 
	 	5.2.3	The
    foregoing shall not preclude any Party from seeking interim relief or orders for interim preservation in any Court of competent
    jurisdiction. Any such application to Court shall not demonstrate an intention to act inconsistently in any way with the agreement
    to settle Disputes by arbitration set out in this Clause 5.2.

 

	5.3	Board
    of Advisors

 

Pursuant
to this agreement, Assignee shall appoint Mr. Ming Kit Cheng to the Board of Advisors of Foothills Exploration, Inc.

 

[Signature
Page Follows]

 

    	 	6	 

    	 

    

 

IN
WITNESS WHEREOF this DEED has been executed and delivered as a DEED by the Parties on the date first above written.

 

	SEALED
    with the COMMON SEAL of 	)	 
	BERWIN
    TRADING LIMITED	)	 
	and
    SIGNED by	)	 
	 	)	 
	for
    and on its behalf	)	 
	in
    the presence of:	)	 
	 	 	 
	SEALED
    with the COMMON SEAL of 	)	 
	PROFIT
    WELL LIMITED	)	 
	and
    SIGNED by	)	 
	 	)	 
	for
    and on its behalf	)	 
	in
    the presence of:	)	 
	 	 	 
	SEALED
    with the COMMON SEAL of 	)	 
	FOOTHILLS
    EXPLORATION, INC.	)	 
	and
    SIGNED by B.P. Allaire, CEO	)	 
	 	)	 
	for
    and on its behalf	)	 
	in
    the presence of:	)	 
	 	 	 
	SEALED
    with the COMMON SEAL of 	)	 
	BEIJING
    GAS BLUE SKY HOLDINGS	)	 
	LIMITED	)	 
	and
    SIGNED by	)	 
	 	)	 
	for
    and on its behalf	)	 
	in
    the presence of:	)	 

 

    	 	7

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