Document:

Exhibit 10.1

                            LEASE PURCHASE AGREEMENT

THIS AGREEMENT  (together with the exhibits and schedules attached hereto,  this
"AGREEMENT") dated as of the 23rd day of July, 2012.

BETWEEN:

SUMMIT WEST OIL,  LLC.,  a company  formed under the laws of  Washington  State,
having an address of 1115 W 10th Ave, Spokane WA 99204.

(Herein called the "ASSIGNOR") AND:

FREEDOM  PETROLEUM INC., a company  incorporated  under the laws of the State of
Nevada, having a registered address of 2620 Regatta Drive, Suite 102, Las Vegas,
NV, 89128

(Herein called the "ASSIGNEE")

WHEREAS,  the Assignee desires to purchase and acquire from the Assignor and the
Assignor  desires  to sell and  assign to the  Assignee  100% of the  Assignor's
rights,  title and  interest in and to the Leases  attached  hereto as Exhibit A
(the "LEASES").

NOW,  THEREFORE,  in consideration of the mutual promises of the parties hereto,
and of good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged,  it is mutually agreed by and between the parties hereto as
follows:

                                    ARTICLE 1

                              ASSIGNMENT OF LEASES

     1.1  Assignment  of  Leases.  Subject to the terms and  conditions  of this
Agreement and in reliance upon the  representations,  warranties,  covenants and
agreements  contained  herein,  at the closing of the transactions  contemplated
hereby, the Assignor will sell,  convey,  assign and transfer 100% of Assignor's
interest in and to the  following  Leases,  and the Assignee  will  purchase and
acquire the Leases from the Assignor, reserving however, unto Assignor herein an
overriding  royalty  of  3.3333%  of  8/8ths  of all  the  oil,  gas  and  other
hydrocarbons  produced,  saved and marketed from the assigned  lands and leases.
This  overriding  royalty and all other terms and conditions of this  assignment
shall apply to any and all extension,  renewal and substitute leases obtained by
Assignee, its successors or assigns on the land described herein.

     (a) 100% of Assignor's  rights,  title and interests in and to the oil, gas
and  other  minerals  in and  under  and that  may be  produced  from the  lands
described  in Exhibit A  including,  without  limitation,  interests in oil, gas
and/or mineral leases covering any part of the lands, fee mineral interests, and
other interests in oil, gas and other minerals in any part of the lands;

     (b) 100% of the right,  title and  interests  of Assignor in all  presently
existing  and  valid  oil,  gas  and/or  mineral  unitization,   pooling  and/or
communitization  agreements,  declarations,  and/or  orders  and the  properties
covered or included in the units (including,  without  limitation,  units formed
under orders, rules, regulations or other official acts of any federal, state or
other  authority  having   jurisdiction,   voluntary   unitization   agreements,
designations,  and/or declarations, and any working interest units created under
operating  agreements or otherwise),  which relate to the properties  subject to
the Leases;

     (c) 100% of the right,  title and  interests  of Assignor in all  presently
existing  and valid  production  sales and sales  related  contracts,  operating
agreements  and other  agreements  and contracts  which relate to the properties
<PAGE>
subject to the Leases or which relate to the exploration, development, operation
or  maintenance  of the  properties  subject  to the  Leases  or the  treatment,
storage,  transaction  or  marketing  of  production  from or  allocated  to the
properties subject to the Leases; and

     (d) 100% of the  right,  title  and  interests  of  Assignor  in and to all
materials,  supplies,  machinery,  equipment,  improvements,  and other personal
Leases and fixtures  relating to the properties  subject to the Leases,  and all
wells,  wellhead  equipment,   pumping  units,  flow  lines,  tanks,  buildings,
injection facilities,  salt water disposal facilities,  compression  facilities,
gathering  systems and other equipment,  all easements,  rights-of-way,  surface
leases  and  other  surface  rights,  all  permits  and  licenses  and all other
appurtenances,  used  or held  for use in  connection  with  or  related  to the
exploration,  development,  operation or  maintenance  of any of the  properties
subject to the Leases.

     1.2 Consideration. In consideration of the sale, transfer and assignment to
the  Assignee  of 100% of  Assignor's  right,  title and  interest in and to the
Leases,  the  Assignee  shall pay an  aggregate  purchase  price of $15,000 (the
"PURCHASE PRICE") of the Assignee.

     1.3 The Closing.  The transfer and delivery of the  documents  transferring
100% of the  right,  title and  interest  of the  Assignor  to the Leases to the
Assignee and the Purchase Price to the Assignor (the  "CLOSING") will take place
no later than August 15, 2012 or such earlier date as may be mutually acceptable
to the Assignor and the Assignee,  subject to the satisfaction or waiver (by the
party  receiving the benefit  thereof) of the conditions  precedent set forth in
Section 6 and 7 of this Agreement (the "CLOSING DATE").

     1.4 Deliveries. At the Closing on the Closing Date:

     (a)  The  Assignor  shall  deliver  to  the  Assignee   executed  and  duly
acknowledged  assignments conveying 100% of the right, title and interest of the
Assignor to the Leases to the  Assignee;

     (b) The  Assignee  shall  deliver to the  Assignor  and/or its designee the
Purchase Price;

     (c) The Assignor and the Assignee shall each execute and deliver such other
instruments  and take such  other  action as may be  necessary  to carry out its
obligations  under  this  Agreement;   including,  without  limitation,  working
together to cause the title to any assets to be transferred into the name of the
Assignee in the applicable governmental records.

     1.5  Expenses of Assignor.  Any  liability  or  obligation  of the Assignor
arising  or  incurred  in  connection  with  the  negotiation,  preparation  and
execution of this  Agreement and the  transactions  contemplated  hereby and any
fees and expenses of counsel, accountants and other experts employed by Assignor
shall be paid by the Assignee.

                                    ARTICLE 2

                               TITLE DUE DILIGENCE

     2.1 Access to Leases.  The Assignor shall grant the Assignee such access to
the properties subject to the Leases, including all records relating to same, as
is  necessary  to permit  the  Assignee  to  conduct a  thorough  due  diligence
investigation of the title to the properties subject to the Leases. The Assignee
shall  have a  maximum  of seven  (7) days  from the date of this  Agreement  to
conduct  its  due  diligence  (this  7-day  period,  as it  may be  extended  in
accordance  with this  Agreement or by other  agreement of the parties,  will be
referred to herein as the "DUE DILIGENCE PERIOD").

     2.2 The Assignee shall notify the Assignor in writing (the "DEFECT NOTICE")
by the end of the Due  Diligence  Period of any  failures  or  defects  in title
("TITLE  DEFECTS")  that the Assignee may have  identified  as pertaining to the
properties  subject to the Leases.  The Defect Notice shall identify the alleged
defect  and the  nature of the  defect.  If no defects  are  identified  in said
written  notice,  the Assignee  will be deemed to have  accepted  title for said
properties  subject to the Leases.  Upon receipt of Defect Notice,  the Assignor

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shall have until the  Closing to cure any such Title  Defects or, if not curable
prior to the Closing,  advise the Assignee how such Title  Defects will be cured
following the Closing and provide a satisfactory commitment to the Assignee with
respect to curing of such Title  Defects.  If the Assignor is unable to cure any
material Title Defects to the Assignee's  reasonable  satisfaction  or provide a
plan and  commitment to cure such Title  Defects prior to the Closing,  then the
Assignee may (i) terminate this Agreement; or (ii) proceed with the Closing with
no reduction in the Purchase  Price.  Title Defect,  as used in this  Agreement,
shall mean any lien, encumbrance, encroachment or other defect in the Assignor's
title to the properties  subject to the Leases that would cause the Assignor not
to have defensible title to such properties subject to the Leases.

                                    ARTICLE 3

                 REPRESENTATIONS AND WARRANTIES OF THE ASSIGNOR

     To induce the Assignee to execute,  deliver and perform this Agreement, and
in acknowledgement of the Assignee's  reliance on the following  representations
and warranties,  the Assignor jointly and severally represent and warrant to the
Assignee as follows as of the date hereof and as of the Closing Date:

     3.1  Organization.  The Assignor has the power and authority to conduct its
business as it is now being conducted and to own their assets.

     3.2 Power and  Authority.  The  Assignor  has the  power and  authority  to
execute,  deliver,  and perform  this  Agreement  and the other  agreements  and
instruments  to  be  executed  and  delivered  by  it  in  connection  with  the
transactions contemplated hereby, and the Assignor will have taken all necessary
action to authorize the execution and delivery of this  Agreement and such other
agreements and instruments and the consummation of the transactions contemplated
hereby,  including  but not limited to the receipt of all  necessary  regulatory
approvals.  This Agreement is, and the other  agreements  and  instruments to be
executed  and  delivered  by the Assignor in  connection  with the  transactions
contemplated hereby, when such other agreements and instruments are executed and
delivered,  shall be, the valid and legally binding  obligations of the Assignor
enforceable against the Assignor in accordance with their respective terms.

     3.3 Non-Contravention.  To the Assignor's knowledge, neither the execution,
delivery  and/or  performance of this  Agreement,  nor the  consummation  of the
transactions contemplated hereby, will:

     (a) conflict with, result in a violation of, cause a default under (with or
without  notice,  lapse of time or both) or give rise to a right of termination,
amendment,  cancellation or  acceleration of any obligation  contained in or the
loss of any  material  benefit  under,  or result in the  creation  of any lien,
security interest,  charge or encumbrance upon any of the material properties or
assets of Assignor under any term,  condition or provision of any loan or credit
agreement, note, debenture, bond, mortgage, indenture, lease or other agreement,
instrument,  permit, license,  judgment, order, decree, statute, law, ordinance,
rule or regulation  applicable to Assignor, or any of its material properties or
assets;

     3.4 Actions and Proceedings.  To the knowledge of Assignor, (i) there is no
basis for and there is no action,  suit,  judgment,  claim, demand or proceeding
outstanding  or pending,  or threatened  against or affecting  Assignor or which
involves any of the business,  or the  properties or assets of Assignor that, if
adversely  resolved or determined,  would have a material  adverse effect on the
Leases (a "ASSIGNOR  MATERIAL ADVERSE Effect"),  and (ii) there is no reasonable
basis for any claim or  action  that,  based  upon the  likelihood  of its being
asserted  and its  success if  asserted,  would  have such a  Assignor  Material
Adverse Effect.

     3.5 Compliance.

     (a) To the knowledge of Assignor, Assignor is in compliance with, is not in
default or  violation in any material  respect  under,  and has not been charged
with or  received  any  notice  at any  time of any  material  violation  of any

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statute, law, ordinance, regulation, rule, decree or other regulation that would
constitute a Assignor Material Adverse Effect;

     (b) To the knowledge of Assignor,  Assignor is not subject to any judgment,
order or decree entered in any lawsuit or proceeding  applicable to its business
and operations that would result in a Assignor Material Adverse Effect; and

     (c) To the  knowledge of Assignor,  Assignor has duly filed all reports and
has obtained all governmental permits and other governmental consents, except as
may be required  after the  execution  of this  Agreement.  To the  knowledge of
Assignor,  all of such permits and consents are in full force and effect, and no
proceedings  for  the  suspension  or  cancellation  of  any  of  them,  and  no
investigation  relating  to any of  them,  is  pending  or to the  knowledge  of
Assignor,  threatened,  and  none of  them  will be  adversely  affected  by the
consummation of this Agreement.

     3.6  Filings,  Consents and  Approvals.  To the  knowledge of Assignor,  no
filing or registration with, no notice to and no permit, authorization, consent,
or approval of any public or  governmental  body or authority or other person or
entity  is  necessary  for the  consummation  by  Assignor  of the  transactions
contemplated by this Agreement.

                                    ARTICLE 4

                   REPRESENTATIONS AND WARRANTIES OF ASSIGNEE

     To induce the Assignor to execute,  deliver and perform this Agreement, and
in acknowledgement of Assignor's  reliance on the following  representations and
warranties,  the  Assignee  hereby  represents  and  warrants to the Assignor as
follows as of the date hereof and as of the Closing Date:

     4.1 Organization. The Assignee is a corporation duly incorporated,  validly
existing and in good standing  under the laws of the State of  Washington,  with
the power and authority to conduct its business as it is now being conducted and
to own and lease its properties and assets.

     4.2 Power and  Authority.  The  Assignee  has the  power and  authority  to
execute,  deliver,  and perform  this  Agreement  and the other  agreements  and
instruments  to  be  executed  and  delivered  by  it  in  connection  with  the
transactions contemplated hereby, and the execution, delivery and performance of
the Agreement by the Assignee has been duly authorized.  This Agreement is, and,
when such other agreements and instruments are executed and delivered, the other
agreements  and  instruments  to be executed  and  delivered  by the Assignee in
connection  with the  transactions  contemplated  hereby shall be, the valid and
legally  binding  obligations of the Assignee,  enforceable  in accordance  with
their respective terms.

     4.3 Broker's or Finder's  Fees.  The Assignee has not authorized any person
to act as broker,  finder,  or in any other similar  capacity in connection with
the transactions contemplated by this Agreement.

     4.4 No Conflict. Neither the execution and delivery by the Assignee of this
Agreement  and of the  other  agreements  and  instruments  to be  executed  and
delivered  by the  Assignee in  connection  with the  transactions  contemplated
hereby or thereby,  nor the  consummation  by the  Assignee of the  transactions
contemplated  hereby,  will or do violate or conflict  with:  (a) any foreign or
local law, regulation,  ordinance,  governmental restriction, order, judgment or
decree applicable to the Assignee;  (b) any provision of any charter,  bylaw, or
(c) under any material agreement to which the Assignee is a party.

     4.5  Required  Consents.  No permit or  approval,  authorization,  consent,
permission,  or waiver to or from any person, or notice, filing, or recording to
or with,  any  person  is  necessary  for the  execution  and  delivery  of this
Agreement and the other  agreements and instruments to be executed and delivered
by the Assignee in connection with the transactions  contemplated hereby, or the
consummation by the Assignee of the transactions contemplated hereby.

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<PAGE>
     4.6  Litigation.  There are no proceedings  pending or, to the knowledge of
the  Assignee,  threatened  against the  Assignee  which (i) seek to restrain or
enjoin the consummation of the Agreement or the transactions contemplated hereby
or (ii) could  reasonably be expected to have a material  adverse  effect on the
Assignee or its abilities to perform its obligations under the Agreement and the
other agreements and instruments to be executed and delivered by the Assignee in
connection with the transactions contemplated hereby.

     4.7 Risks  Related to Hazardous  Materials.  The Assignee  shall assume all
risks that the Leases may contain  waste  materials  or other  adverse  physical
conditions, including, but not limited to, the presence of unknown abandoned oil
and gas wells,  water  wells,  sumps,  pits,  pipelines  or other waste or spill
sites.  At  Closing,  all  responsibility  and  liability  related  to all  such
conditions,  whether known or unknown, fixed or contingent,  will be transferred
from the Assignor to the Assignee.

                                    ARTICLE 5

                   COVENANTS OF THE ASSIGNOR PRIOR TO CLOSING

     5.1 Required  Approvals.  As promptly as practicable after the date of this
Agreement,  the Assignor shall make all filings required by foreign or local law
to be made by them in order to consummate the transactions  contemplated hereby.
The Assignor shall  cooperate with the Assignee with respect to all filings that
the Assignee elects to make or is required by law to make in connection with the
transactions contemplated hereby.

     5.2  Prohibited  Actions.  Except as provided  herein  below,  in no event,
without the prior written consent of the Assignee, shall the Assignor:

     (a) permit any of the Leases to be subjected  to any claim or  encumbrance,
except claims or encumbrances that the Assignor believes,  in its sole judgment,
are necessary to continue  development  of the Leases in the ordinary  course of
business and consistent with past practice;

     (b) waive any claims or rights respecting the Leases, or sell, transfer, or
otherwise dispose of any of the Leases; or

     (c) dispose of any  interest in any of the Leases,  or permit any rights in
any of the Leases to lapse into  default or in  non-compliance  with all and any
regulatory or governmental requirement.

     5.3  Access.  From the date of this  Agreement  to the  Closing  Date,  the
Assignor  shall  provide the Assignee  with such  information  and access as the
Assignee  may from time to time  reasonably  request  regarding  the  properties
subject to the Leases.

                                    ARTICLE 6

                    CONDITIONS TO THE ASSIGNOR'S OBLIGATIONS

     Each of the obligations of the Assignor to be performed  hereunder shall be
subject  to the  satisfaction  (or  waiver by the  Assignor)  at or prior to the
Closing Date of each of the following conditions:

     6.1  Representations and Warranties;  Performance.  The Assignee shall have
performed  and  complied  in all  respects  with the  covenants  and  agreements
contained in this Agreement  required to be performed and complied with by it at
or prior to the Closing Date, the representations and warranties of the Assignee
set forth in this Agreement  shall be true and correct in all respects as of the
date hereof and as of the  Closing  Date as though made at and as of the Closing
Date (except as otherwise  expressly  contemplated by this  Agreement),  and the
execution and delivery of this Agreement by the Assignee and the consummation of
the transactions contemplated hereby shall have been duly and validly authorized
by the Assignee's Board of Directors.

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<PAGE>
     6.2 Consents.  All required  approvals,  consents and authorizations  shall
have been obtained.

     6.3  Litigation.  No Litigation  shall be threatened or pending against the
Assignee or the  Assignor  that,  in the  reasonable  opinion of counsel for the
Assignor, could result in the restraint or prohibition of any such party, or the
obtaining of damages or other relief from such party,  in  connection  with this
Agreement or the consummation of the transactions contemplated hereby.

     6.4  Documents   Satisfactory  in  Form  and  Substance.   All  agreements,
certificates,  and other  documents  delivered  by the  Assignee to the Assignor
hereunder  shall  be in form  and  substance  satisfactory  to  counsel  for the
Assignor, in the exercise of such counsel's reasonable judgment.

     6.5 Due  Diligence.  The Assignor  shall have  completed  its due diligence
review of the Assignee and shall have been satisfied with the findings thereof.

                                    ARTICLE 7

                    CONDITIONS TO THE ASSIGNEE'S OBLIGATIONS

     Each of the obligations of the Assignee to be performed  hereunder shall be
subject to the  satisfaction  (or the waiver by the Assignee) at or prior to the
Closing Date of each of the following conditions:

     7.1  Representations and Warranties;  Performance.  The Assignor shall have
performed  and  complied  in all  respects  with the  covenants  and  agreements
contained in this Agreement  required to be performed and complied with by it at
or prior to the Closing Date, the representations and warranties of the Assignor
set forth in this Agreement  shall be true and correct in all respects as of the
date hereof and as of the  Closing  Date as though made at and as of the Closing
Date (except as otherwise  expressly  contemplated by this  Agreement),  and the
execution and delivery of this Agreement by the Assignor and the consummation of
the transactions contemplated hereby shall have been duly and validly authorized
by the Assignor.

     7.2 Consents.  All required  approvals,  consents and authorizations  shall
have been obtained.

     7.3 No Litigation. No Litigation shall be threatened or pending against the
Assignee or the  Assignor  that,  in the  reasonable  opinion of counsel for the
Assignee, could result in the restraint or prohibition of any such party, or the
obtaining of damages or other relief from such party,  in  connection  with this
Agreement or the consummation of the transactions contemplated hereby.

     7.4 Due  Diligence.  The Assignee  shall have  completed  its due diligence
review of the Leases and shall have been satisfied with the findings thereof.

     7.5 Proof of Ownership of the Assets.  The Assignor shall have delivered to
the Assignee copies of instruments evidencing its ownership of the Leases.

                                    ARTICLE 8

          COVENANTS OF THE ASSIGNOR AND THE ASSIGNEE FOLLOWING CLOSING

     8.1 Transfer, Documentary Taxes.

     (a) All  sales,  transfer,  and  similar  taxes  and  fees  (including  all
recording  fees,  if any)  incurred in  connection  with this  Agreement and the
transactions contemplated hereby shall be borne by the Assignor and the Assignor
shall file all necessary documentation with respect to such taxes.

     8.2  Further  Assurances.  Subject  to the  terms  and  conditions  of this
Agreement,  each party agrees to use all of its  reasonable  efforts to take, or
cause to be  taken,  all  actions  and to do or cause  to be  done,  all  things

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necessary  and  proper  or  advisable  to  consummate  and  make  effective  the
transactions  contemplated  by  this  Agreement  (including  the  execution  and
delivery  of such  further  instruments  and  documents)  as the other party may
reasonably request.

     8.3  Nondisclosure  of  Proprietary  Data.  The  Parties  shall  hold  in a
fiduciary  capacity  for the  benefit of each  other all secret or  confidential
information, knowledge or data relating to each other or any of their affiliated
companies, and their respective businesses,  which shall not be or become public
knowledge.  Neither Party, without the prior written consent of the other, or as
may otherwise be required by law or legal process,  shall communicate or divulge
either before or after the Closing Date any such information,  knowledge or data
to anyone other than the other Party and those  designated by the other Party in
writing, or except as required by applicable law.

                                    ARTICLE 9

                             SURVIVAL AND INDEMNITY

     9.1   Survival   of   Representations,   Warranties,   etc.   Each  of  the
representations,  warranties,  agreements,  covenants and obligations  herein is
material  and shall be deemed to have  been  relied  upon by the other  party or
parties and shall  survive for a period of twelve (12) months  after the Closing
and shall not merge in the  performance  of any  obligation by any party hereto.
All rights to  indemnification  contained in this  Agreement  shall  survive the
Closing indefinitely.

     9.2  Indemnification  by the  Assignor  and  Assignee.  The  parties  shall
indemnify,   defend,   and  hold  harmless  each  other,  and  the  each  others
representatives,  stockholders,  controlling persons and affiliates,  at, and at
any time  after,  the  Closing,  from and against  any and all  demands,  claim,
actions, or causes of action, assessments, losses, damages (including incidental
and  consequential  damages),   liabilities,   costs,  and  expenses,  including
reasonable  fees and  expenses of  counsel,  other  expenses  of  investigation,
handling,  and litigation , and settlement  amounts,  together with interest and
penalties (collectively,  a "LOSS" or "LOSSES"), asserted against, resulting to,
imposed upon, or incurred by the either party, directly or indirectly, by reason
of,  resulting  from,  or  arising  in  connection  with:  (i) any breach of any
representation,  warranty,  or agreement  of either  party  contained in or made
pursuant to this  Agreement,  including  the  agreements  and other  instruments
contemplated  hereby;  (ii)  any  breach  of any  representation,  warranty,  or
agreement  of either  party  contained  in or made  pursuant to this  Agreement,
including the agreements and other instruments  contemplated  hereby, as if such
representation  or warranty were made on and as of the Closing  Date;  (iii) any
claim by any person for  brokerage or finder's  fees or  commissions  or similar
payments based upon any agreement or understanding  alleged to have been made by
any such person with either  party in  connection  this  Agreement or any of the
transactions  contemplated  hereby;  and (iv) to the extent  not  covered by the
foregoing,   any  and  all  demands,   claims,  actions  or  causes  of  action,
assessments,  losses,  damages,  liabilities,  costs,  and  expenses,  including
reasonable  fees and  expenses of  counsel,  other  expenses  of  investigation,
handling,  and  litigation and  settlement  amounts,  together with interest and
penalties, incident to the foregoing.

The remedies  provided in this Section 9.2 will not be exclusive of or limit any
other remedies that may be available to the either party to this Agreement.

                                   ARTICLE 10

                                   TERMINATION

     10.1 Termination. This Agreement may be terminated at any time prior to the
Closing Date:

     (a) by mutual written consent of the Assignor and the Assignee;

     (b) by either the  Assignor or the  Assignee if (i) there shall have been a
material breach of any representation, warranty, covenant or agreement set forth
in this Agreement,  on the part of the Assignee, in the case of a termination by
the Assignor,  or on the part of the Assignor,  in the case of a termination  by

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the  Assignee,  which  breach  shall  not  have  been  cured,  in the  case of a
representation  or  warranty,  prior to Closing or, in the case of a covenant or
agreement,  within ten (10)  business  days  following  receipt by the breaching
party of notice of such breach, or (ii) any permanent  injunction or other order
of a court or other  competent  authority  preventing  the  consummation  of the
transactions contemplated hereby shall have become final and non-appealable;

     (c) by either the Assignor or the Assignee if the transactions contemplated
hereby shall not have been consummated on or before the Closing Date;  provided,
however,  that the right to terminate  this  Agreement  pursuant to this Section
10.1(c)  shall not be  available  to any party  whose  failure  to  fulfill  any
obligation  under  this  Agreement  has been the cause of, or  resulted  in, the
failure of the  consummation  of the  transactions  contemplated  hereby to have
occurred on or before the aforesaid date; or

     (d) By the Assignee in the event of an uncured  Title Defect as provided in
Section 2.2 of this Agreement.

     10.2 Effect of Termination. Each party's right of termination under Section
10.1 is in  addition  to any other  rights it may have under this  Agreement  or
otherwise, and the exercise of a right of termination will not be an election of
remedies.  If this  Agreement is  terminated  pursuant to Section  10.1,  unless
otherwise  specified in this Agreement,  all further  obligations of the parties
under this Agreement will terminate;  provided,  however, that if this Agreement
is terminated  by a party  because of the breach of this  Agreement by the other
party  or  because  one or more of the  conditions  to the  terminating  party's
obligations  under  this  Agreement  is not  satisfied  as a result of the other
party's  failure  to comply  with its  obligations  under  this  Agreement,  the
terminating  party's  rights to pursue  all legal  remedies  will  survive  such
termination unimpaired.

                                   ARTICLE 11

                                  MISCELLANEOUS

     11.1  Entire  Agreement.   This  Agreement,  and  the  other  certificates,
agreements, and other instruments to be executed and delivered by the parties in
connection  with  the  transactions  contemplated  hereby,  constitute  the sole
understanding  of the  parties  with  respect to the subject  matter  hereof and
supersede  all prior  oral or written  agreements  with  respect to the  subject
matter hereof.

     11.2  Parties  Bound by  Agreement;  Successors  and  Assigns.  The  terms,
conditions,  and obligations of this Agreement shall inure to the benefit of and
be binding upon the parties hereto and their respective successors and assigns.

     11.3  Amendments  and Waivers.  No  modification,  termination,  extension,
renewal or waiver of any  provision  of this  Agreement  shall be binding upon a
party unless made in writing and signed by such party.  A waiver on one occasion
shall not be construed as a waiver of any right on any future occasion. No delay
or omission by a party in exercising any of its rights  hereunder  shall operate
as a waiver of such rights.

     11.4  Severability.  If for  any  reason  any  term  or  provision  of this
Agreement  is held to be invalid or  unenforceable,  all other  valid  terms and
provisions  hereof shall  remain in full force and effect,  and all of the terms
and provisions of this Agreement  shall be deemed to be severable in nature.  If
for any reason any term or provision  containing a restriction  set forth herein
is held to cover an area or to be for a length of time which is unreasonable, or
in any other way is  construed  to be too broad or to any extent  invalid,  such
term or provision shall not be determined to be null, void and of no effect, but
to the extent the same is or would be valid or enforceable under applicable law,
any court of competent  jurisdiction shall construe and interpret or reform this
Agreement to provide for a restriction having the maximum enforceable area, time
period and other  provisions (not greater than those contained  herein) as shall
be valid and enforceable under applicable law.

                                       8
<PAGE>
     11.5  Attorneys'  Fees.  Should any party  hereto  retain  counsel  for the
purpose  of  enforcing,  or  preventing  the breach  of,  any  provision  hereof
including,  but not limited  to, the  institution  of any action or  proceeding,
whether by  arbitration,  judicial or  quasi-judicial  action or  otherwise,  to
enforce  any  provision  hereof or for  damages  for any  alleged  breach of any
provision  hereof,  or for a declaration  of such party's  rights or obligations
hereunder,  then,  whether  such  matter  is  settled  by  negotiation,   or  by
arbitration or judicial determination, the prevailing party shall be entitled to
be reimbursed by the losing party for all costs and expenses  incurred  thereby,
including,  but not  limited to,  reasonable  attorneys'  fees for the  services
rendered to such prevailing party.

     11.6  Counterparts.   This  Agreement  may  be  executed  in  one  or  more
counterparts,  each of which shall for all  purposes be deemed to be an original
and all of which shall constitute the same instrument.

     11.7  Headings.  The  headings  of the  sections  and  paragraphs  of  this
Agreement  are  inserted  for  convenience  only  and  shall  not be  deemed  to
constitute part of this Agreement or to affect the construction hereof.

     11.8  Notices.   All  notices,   requests,   demands,   claims,  and  other
communications  which are required or may be given under this Agreement shall be
in writing and shall be deemed to have been duly given five  business days after
such notice,  request,  demand, claim or other communication is sent, if sent by
registered or certified mail, return receipt requested, postage prepaid; and, in
any case, all such communications must be addressed to the intended recipient at
the  address set forth on the first page of this  Agreement.  Any party may send
any notice,  request,  demand,  claim, or other  communication  hereunder to the
intended  recipient at the address set forth above using any other means, but no
such notice,  request,  demand, claim, or other communication shall be deemed to
have been duly given  unless and until it actually  is received by the  intended
recipient. Any party may change the address to which notices, requests, demands,
claims,  and other  communications  hereunder  are to be delivered by giving the
other party notice in the manner herein set forth.

     11.9 Governing Law. This  Agreement  shall be construed in accordance  with
and governed by the laws of the State of Montana  without  giving  effect to the
principles of choice of law thereof.

     11.10  Arbitration.  Any dispute  arising under or in  connection  with any
matter  related to this  Agreement  or any related  agreement  shall be resolved
exclusively by arbitration in the State of Montana.  The arbitration shall be in
conformity  with and  subject  to the  applicable  rules and  procedures  of the
American  Arbitration  Association.  All parties  agree to be (1) subject to the
jurisdiction and venue of the arbitration in the State of Montana,  (2) bound by
the  decision  of the  arbitrator  as the final  decision  with  respect  to the
dispute,  and (3) subject to the jurisdiction of the Superior Court of the State
of Montana for the purpose of confirmation  and enforcement of any award made by
the arbitrator or for any actions seeking injunctive relief.

     11.11 References, etc.

     (a) Whenever  reference is made in this Agreement to any Article,  Section,
or paragraph,  such reference shall be deemed to apply to the specified Article,
Section or paragraph of this Agreement.

     (b)  Wherever  reference  is made in this  Agreement  to a  Schedule,  such
reference shall be deemed to apply to the specified  Schedule  attached  hereto,
which are  incorporated  into this  Agreement and form a part hereof.  All terms
defined in this Agreement shall have the same meaning in the Schedules  attached
hereto.

     (c) Any form of the word  "include"  when used herein is not intended to be
exclusive (e.g., "including" means "including, without limitation").

                                       9
<PAGE>
     11.12 No Strict  Construction.  The language used in this Agreement will be
deemed to be the language  chosen by the parties  hereto to express their mutual
intent, and no rule of strict construction will be applied against any person.

     11.13 No Third Party Beneficiary  Rights. No provision in this Agreement is
intended or shall create any rights with  respect to the subject  matter of this
Agreement in any third party.

     11.14 Such Other Acts.  The parties  hereto shall do all things,  take such
acts and execute such documents as are necessary to give effect to the intention
herein contemplated.

     11.15 Electronic  Means.  Delivery of an executed copy of this Agreement by
electronic  facsimile  transmission  or other means of electronic  communication
capable of producing a printed copy will be deemed to be execution  and delivery
of this Agreement as of the date first indicated above.

IN WITNESS  WHEREOF,  each of the parties hereto has caused this Agreement to be
executed on its behalf as of the date first indicated above.

SUMMIT WEST OIL, LLC.

/s/ Fred Taylor
-------------------------------
Fred Taylor - President

FREEDOM PETROLEUM INC.

/s/ Thomas Hynes
-------------------------------
Thomas Hynes

                                       10
<PAGE>
                                    EXHIBIT A

                       STATE OF MONTANA OIL AND GAS LEASE

                                                                          DS-423
                                                                 AMENDED 12/6/05

                                No. OG-427Q9-12

     THIS INDENTURE OF LEASE, entered into between the State of Montana, through
its Board of Land  Commissioners,  hereinafter  referred  to as lessor,  and the
person, company, or corporation herein named, hereinafter referred to as lessee,
pursuant to the provisions of Title 77, Chapter 3, Part 4, M.C.A.,  and all acts
amendatory thereof and supplementary thereto, WITNESSETH:

     1. GRANTING  CLAUSE--The  lessor,  in  consideration  of the annual rentals
herein  stated,  the receipt of which for the first year of this lease is hereby
acknowledged,  the  royalties  to be  paid,  and the  covenants  to be kept  and
performed by the lessee,  hereinafter set forth, hereby grants,  demises, leases
and lets to the lessee, for the purpose of mining and operating for oil and gas,
and of laying pipelines,  building tanks,  power stations,  and other structures
thereon necessary in order to produce, save, care for, dispose of and remove the
oil and gas, all the lands herein described, as follows:

Date this lease takes effect: June 05, 2012

Name of Lessee: SUMMIT WEST OIL, LLC                  Address: 1115 W10TH AVE
                                                               SPOKANE, WA 99204

Land Located in: Township 15 North, Range 4 West      County: Lewis and Clark

Description of land: Section 32: Lots 1 thru 8, E2

Total number of acres, more or less, 624.72, belonging to Common Schools Grant.

Annual rental, payable each year in advance: $2,342.70 first year;
                                             $937.08 each year thereafter.

     2.TERM AND HORIZONTAL SEGREGATION--This lease is granted for a primary term
often years and so long thereafter as oil and gas in paying  quantities shall be
produced from the land,  subject to all of the terms and  conditions  herein set
forth; provided, however, that:

     (a)  The extended  term of this lease shall apply only to those  formations
          discovered, developed or drilled during the primary term of ten years,
          and the interest of the lessee in the premises herein  described shall
          thereafter be limited to such formations.

     (b)  If oil and gas in paying quantities is discovered in an offset well on
          a contiguous  section  during the  extended  term of this lease in any
          formation  in the zone  between  the  deepest  formation  to which the
          lessee  drilled  during the primary term of this lease and the deepest
          formation  in  which  oil or gas has  been  discovered  on the  leased
          premises, this lease shall terminate as to said zone unless, within 60
          days after the  completion  of such  offset  well,  the  lessee  shall
          commence operations to test such a formation.

IT IS MUTUALLY  UNDERSTOOD,  AGREED AND COVENANTED BY AND BETWEEN THE PARTIES TO
THIS LEASE AS FOLLOWS:

     3.LEASE  EXTENSION--The  Board of Land  Commissioners  may grant reasonable
extensions of the primary term of this lease upon a showing that lessee, despite
due care and  diligence,  is or has been directly or indirectly  prevented  from
exploring, developing, or operating this lease or is threatened with substantial
economic  loss due to  litigation  regarding  this lease or another lease in the
immediate  area  held  by  the  lessee,   state   compliance  with  the  Montana
Environmental Policy Act, or adverse conditions caused by natural occurrences.

     4.LAND  DISPOSITIONS--The  lessor  expressly  reserves  the  right to sell,
lease,  or  otherwise  dispose  of any  interest  or estate in the lands  hereby
leased, except the interest conveyed by this lease. However,  lessor agrees that
sales,  leases,  or other  dispositions  of any  interest of estate in the lands
hereby  leased  shall be  subject  to the  terms of this  lease,  and  shall not
interfere with the lessee's possession or rights hereunder.

     5.RENTAL--The  lessee shall pay to the lessor an annual money rental in the
amount hereinabove stated being not less than one dollar and fifty cents ($1.50)
for each  acre of land  held  under  this  lease  from  year to year,  provided,
however,  that the  amount of such money  rental so payable  shall in no case be
less than one hundred dollars ($ 100.00) per annum. The first year's rental must

                                       11
<PAGE>
be paid before the issuance of the lease.  The rentals for each  subsequent year
of the lease shall be due and payable  before the  beginning of such  subsequent
lease year. Upon failure to make the rental payment, the lease terminates unless
there is a well  currently  being drilled,  a producing  well, or a shut-in well
approved by the  Department of Natural  Resources and  Conservation,  Trust Land
Management Division  (Department) on the lease. Rental paid for any year must be
credited against any royalty that accrues during that year.

     6.  ROYALTY ON OIL--The  lessee shall pay in money or in kind to the lessor
at its  option as  hereinafter  provided  during  the full term of this  lease a
royalty of 16.67%,  free of all costs and deductions,  on the average production
of the oil from producing wells under this lease for each calendar month.

     7.ROYALTY  ON  GAS--The  lessee  shall  also pay in money or in kind to the
lessor at its option as hereinafter provided during the full term of this lease,
free of costs and deductions, a royalty on the gas produced from the wells under
this lease whether the wells produce oil and gas or gas alone, of 16.67%.

     8.SHUT IN GAS ROYALTY--The royalty on gas, including casinghead gas and all
gaseous  substances  not sold or used off the  premises,  must be at the rate of
$400 per lease  each year or the  amount of the annual  rental  provided  in the
lease,  whichever  is the greater,  payable on or before the annual  anniversary
date of the  lease.  As long as the  leased  lands  contain  a well  capable  of
production in paying  quantities  and the requisite  payment is made,  the lease
must be considered as a producing lease under the terms herein.

     9. ROYALTIES BASED ON PRODUCTION-AO  royalties shall be calculated upon the
total  amount  produced  and saved under this lease  exclusive of oil and/or gas
used for light,  fuel or operating  purposes in connection  with the work on the
lands under the lease.

     10.  FULL  PRODUCTION  REQUIRED-All  wells  under  this  lease  shall be so
drilled,  maintained and operated as to produce the maximum amount of oil and/or
gas which can be secured  without  injury to wells and the  aforesaid  royalties
shall be based and calculated on such full production of oil and/or gas.

     11.  ROYALTY  PAYMENT-The  lessee  shall pay to the lessor in cash for such
royalty oil and gas at the rate of the posted field price  therefor  existing on
the day such oil or gas was run into any  pipeline or storage tank to the credit
of the lessee plus any bonus or other  increase in price actually paid or agreed
to be paid to the lessee.

     12.  IN-KIND  OIL OR GAS--At  the option of the lessor  exercised  not more
frequently  than once every  thirty days by notice in writing  the lessee  shall
deliver  the  State's  royalty  oil or gas free of cost or  deductions  into the
pipeline to which the wells of the lessee may be  connected  or into any storage
designated by the State and connected  with such wells.  The lessee shall not be
required to furnish  storage  for the  State's  royalty oil for more than thirty
(30) days  following  the date of production  thereof when a market  therefor is
available.

     13. FAIR MARKET  VALUE--In  all cases where there is no posted  field price
for oil or gas produced under this lease, the payments in cash for the royalties
payable  hereunder  shall never be less than the fair market value thereof,  for
oil,  at the wells  where  produced  on the day it is run into the  pipeline  or
storage tanks,  and for gas, at the well where produced on the day produced.  It
is agreed that helium gas,  carbon  dioxide gas, and all other natural gases are
included under the term "gas" as used in this lease.

     14. LIENS ON PRODUCTION--The lessor shall have a first lien upon all oil or
gas  produced  from the lands  leased  hereunder,  to secure the  payment of all
unpaid  royalty  and other  sums of money  that may  become  due under the terms
herein.

     15.  POOLING AND  UNITIZATION-Upon  receiving  the  written  consent of the
lessor,  the lessee shall have the right to commit the lands hereby  leased to a
pooling,  unit, cooperative or other plan of development or operation with other
State  lands,  Federal  lands,  privately-owned  lands  or  Indian  lands.  Such
agreements  shall not change the percentage of royalties to be paid to the state
from the  percentages  as  fixed  herein.  Oil or gas  produced  from any  lands
included in such an agreement  which  encompasses  the lands  hereby  leased are
considered to be produced from the lands hereby leased.

     16. FARM LOAN ACQUISITIONS-If the land under this lease is "mortgaged land"
acquired  by the  State in  connection  with a  mortgage  given to the  State as
security for a loan and such mortgage land has been sold by the State subsequent
to July 1,1927, and prior to February 26,1929,  the lessee shall pay directly to
the holder of such land under certificate of purchase or other contract, or deed
from the State, a royalty of one percentum (1%) of the oil and gas produced from
such  land to be  calculated  on the same  basis  and in the same  manner as the
royalty to be paid to the State,  but the said royalty of one percentum shall be
deducted  from the  royalty  to be paid to the State so that such one  percentum
royalty does not increase the total royalty to be paid under this lease,  and if
such mortgage  land was sold by the State  between  March 15, 1935,  and July 1,
1961, the lessee shall pay directly to the holder of such land under certificate
of  purchase  or other  contract  or deed from the  State,  a royalty of six and
one-fourth  percentum  (614%) of the oil and gas  produced  from such land to be
calculated as hereinbefore specified.

     17.DELAY DRILLING  PENALTY-Unless this lease is surrendered,  is terminated
by lessee's  failure to pay rentals when due, or is  terminated  by the Board of
Land  Commissioners  because of the  failure  of the  lessee to comply  with the
express and implied  covenants  of this lease,  the Board of Land  Commissioners
may, in its discretion  and as provided by law,  cancel and terminate this lease
upon the  failure  of the lessee (1) to  commence  within  five (5) years of the
effective  date of this  lease,  drilling  of at least one well upon the  leased
premises  of such  diameter  and to such  depth  as may be  necessary  to make a
reasonable test for oil and gas; or (2) pay in advance a delay drilling  penalty
of one dollar and twenty-five  cents ($ 1.25) per acre for the sixth year of the
lease in addition to the annual  rental;  or (3) pay in advance a delay drilling
penalty  of two  dollars  and  fifty  cents  ($2.50)  per acre per annum for the
seventh  through the tenth year of the lease in  addition to the annual  rental.
The lessee shall notify the  Department of the  commencement  of drilling of any
well within  five (5) days after the well is spudded in. The Board shall  refund
delay  drilling  penalties  paid on a lease  for any  year in which  the  lessee
commences drilling on that lease.

     18. DRY HOLE  CLAUSE-Following  the  termination of the fourth year of this
lease,  if the lessee drills a dry hole on the lease premises prior to discovery
of oil or gas or if after discovery of oil or gas,  production thereof in paying
quantities  ceases,  the lease may be  terminated by the Board unless the lessee
(1) commences drilling of another well for oil and/or gas before the 7th year of
this lease or second anniversary of the lease following  completion of the well,
whichever comes later, or (2) unless the lessee,  on or before such  anniversary
date resumes payment of any delay drilling  penalties  imposed by the Board. For

                                       12
<PAGE>
purposes  of this lease "dry hole" is defined as a  completed  well which is not
capable of producing oil and/or gas in paying quantities when completed.

     19. DRILLING EXTENSION--If at the expiration of the primary term hereof oil
or gas is not being produced from the lease premises in paying  quantities,  but
the owner of the lease is then  engaged in drilling on the  premises for oil and
gas, then the lease continues in effect so long as such drilling  operations are
being  diligently  prosecuted.  If oil or gas is  recovered  from any such  well
drilled or being drilled at or after the  expiration of the primary term hereof,
the lease  continues  in effect  so long as oil or gas in paying  quantities  is
being produced from the leased premises.

     20. DUE DILIGENCE--Upon  completion of a commercially productive oil or gas
well  upon the  leased  premises,  the  lessee  shall  proceed  with  reasonable
diligence to drill such  additional  wells to the depth of the  formation  found
commercially  productive,  or to such depth as may be necessary to  economically
test, develop and operate the deposits discovered.

     21. OFFSET  PROTECTION--The  lessee shall commence  promptly and diligently
drill to completion  all wells  necessary on the lands under this lease in order
to fairly offset commercially  producing oil or gas wells on contiguous lands or
pay a compensatory royalty.

     22. WASTE  PROHIBITED--In  conducting all explorations,  mining or drilling
operations  under this lease,  the lessee shall exercise all reasonable care and
precautions  in order to prevent  waste of oil and gas. The lessee shall also at
all times use all  reasonable  care and  precautions  to prevent the entrance of
water to the oil or gas bearing strata to the destruction or injury thereof.

     23.  LOGS  REQUIRED-The  lessee  agrees to keep a correct  log of each well
drilled under this lease,  showing the formations  passed through,  the depth at
which  such  formation  was  reached,  the  thickness  of  each  formation,  the
water-bearing  formations and the character of water therein,  the elevations to
which the water  rises,  the number of feet of casing set in such well and where
placed,  its size and the total depth to which such well was  drilled;  and upon
request, to file the log with the Department.

     24. PROGRESS REPORTS  REQUIRED--When called upon to do so, the lessee shall
also  file  progress  reports  with the  Department  before  the  completion  or
abandonment of any well.

     25. PRODUCTION  REPORTS AND PAYMENT OF ROYALTY-The lessee further agrees on
or  before  the last day of each  month to make a report to the  Department  for
operations  covering the preceding calendar month, which report shall be in such
form as the  Department  may  prescribe  and shall show the amount of oil or gas
produced and saved  during the  preceding  calendar  month,  the price  obtained
therefor,  the total amount of all sales, whether any bonus or other increase in
price was actually paid or agreed to be paid and such additional  information as
may be  required.  Such  report  shall  be  signed  by  the  lessee  or by  some
responsible person having knowledge of the facts contained  therein.  The report
shall be  accompanied  by payment of the amount due the State as royalty for the
month  covered by the report where  payment is required in money in place of oil
or gas.

     26. COMPLETION REPORTS REQUIRED-When the lessee is required by the rules of
the Board of Oil and Gas Conservation to file a well completion report with that
board, lessee shall file one copy of that report with the Department.

     27.  LESSOR'S RIGHT TO  INSPECT-Representatives  of the lessor shall at all
times have the right to enter upon the granted  premises  and all parts  thereof
for the purpose of inspecting  and  examining  the same, as well as  supervising
tests thai they may deem necessary to ascertain the condition of the wells being
drilled or about to be abandoned and gauging the production of producing  wells.
Representatives  of the lessor shall also, at all  reasonable  hours,  have free
access to all books, accounts,  records and papers of the lessee insofar as they
contain  information  relating to the production  obtained under this lease, the
price obtained  therefor,  and the fair market value of the  production.  Lessor
shall also have free access to agreements relating to production hereunder.

     28.  SURFACE  OWNER'S OR LESSEE'S  RIGHTS-The  lessee  hereunder  agrees to
provide the surface  owner and  surface  lessee with a plan for  location of all
facilities  and consult with the surface  owner and surface  lessee  regarding a
reasonable  location  of access  roads.  In all  operations  on the land  hereby
leased,  lessee  agrees to interfere  as little as possible  with the use of the
premises for any other purpose to which the same may be devoted by other persons
to whom the land may have been leased or sold by the State. The lessee shall not
drill any well upon the lands hereby  leased,  within two hundred feet (200') of
any residence or barn now or hereafter  erected  thereon  without the consent of
the owner of such  building.  The  lessee  hereby  agrees  to make  satisfactory
adjustment  with the  owner or  lessee of the  surface,  including  the State of
Montana,  for damages  sustained by such surface owner, the lessee, or the State
of Montana by reason of the  lessee's  entry  upon,  use and  occupancy  of, the
surface of the land. If amicable determination of damages cannot be made between
such surface owner,  lessee,  or the State of Montana and the lessee  hereunder,
then,  upon  the  agreement  of the  surface  owner  or  lessee  to  enter  into
arbitration,  the  damages to be paid to the  surface  owner or lessee  shall be
fixed by a board of arbitrators  of three  persons,  to be appointed as follows:
one by the  State of  Montana  or the  owner or  lessee  of the  surface  who is
claiming  damages,  one by the  lessee  hereunder,  and  the  third  by the  two
arbitrators so appointed. The lessee hereby agrees to make prompt payment of the
damages awarded by such board of arbitrators.

     In any case where the owner of the surface  claims title under a "C" patent
issued by the State of Montana,  and demands  that the Board fix,  allow and pay
the owner the  reasonable  value of any right of way  established  by the lessee
hereunder,  the Department shall charge the cost of fixing the amount of damages
to the lessee  hereunder.  The lessee  hereunder shall pay the reasonable sum so
fixed as damages to the Board, which will pay the surface owner.

     29.ASSIGNMENTS--The  lessee may assign this lease  either in whole or as to
any regular  subdivision  thereof,  embracing not less than forty (40) acres, to
any qualified assignee, providing that such assignment shall not be binding upon
the  State  until  it has been  filed  with the  Department  accompanied  by the
required fees. No assignment to two or more assignees will be approved until one
of the assignees is designated  to act as agent for the  assignees.  Each lessee
executing  this lease,  or accepting an assignment of an interest in this lease,
is jointly and severally  liable for all obligations  attributable to the entire
working interest under this lease.

     30.  RELINQUISHMENTS--The lessee shall have the right at the termination of
any rental year, by giving at least thirty (30) days previous  notice in writing
to the  Department,  to surrender and relinquish any legal  subdivisions  of the
land  hereby  leased  and  thereupon  be  discharged  from  any  obligation  not
theretofore  accrued as to the lands so surrendered and relinquished.  When this
lease  terminates  as to any  portion  less than the whole of the lands  covered

                                       13
<PAGE>
hereby, because of the lessee's failure to pay rental when due, lessee agrees to
submit to the lessor, within thirty (30) days after such termination,  a written
surrender and relinquishment of those lands.

     31.  CANCELLATION--It  is  understood  and agreed  that the  lessor  hereby
reserves  the right to  declare  this  lease  forfeited  and to cancel  the same
through  the Board of Land  Commissioners  upon  failure  of the lessee to fully
discharge all the  obligations  provided  herein,  after written notice from the
Board  and  reasonable  time  fixed  and  allowed  by it to the  lessee  for the
performance of any undertaking or obligation specified in such notice concerning
which the lessee is in default.  The lessee, upon written application  therefor,
shall be granted a hearing on any notice or demand of the Board before the lease
shall be declared forfeited or canceled. The provisions of this clause shall not
in any way affect an  automatic  termination  of this lease  caused by  lessee's
failure to pay rental when due.

     32. SURRENDER  POSSESSION-Upon  the termination of this lease for any cause
the lessee  shall  surrender  possession  of the leased  premises  to the lessor
subject to lessee's right to re-enter,  hereby  granted,  at any time within six
months  after the date of such  termination,  for the  purpose of  removing  all
machinery,  fixtures,  improvements,  buildings and  equipment  belonging to the
lessee remaining upon the premises except casing in wells and other equipment or
apparatus  necessary for the preservation of any oil or gas well or wells. It is
hereby agreed that any succeeding lessee, or in the event there be no succeeding
lessee,  the lessor,  wishing to have such  property left  permanently  upon the
premises, shall pay the reasonable value thereof, in cash, to the lessee, but if
the  succeeding  lessee  or  the  lessor,  acting  through  its  Board  of  Land
Commissioners, shall be unable to agree with the lessee upon the reasonable cash
value of such casing, equipment and apparatus, then the succeeding lessee or the
lessor  herein,  as the case may be, shall pay in cash to the lessee  hereunder,
such sum as may be fixed as a reasonable  price by a board of three  appraisers,
one of whom shall be chosen by the succeeding  lessee or the State of Montana as
the case may be, one by the lessee  hereunder,  and the third by the two chosen,
and whose appraisal shall be reported to the respective parties, in writing, and
is final and conclusive.  If the lessee or succeeding  lessee refuses to appoint
an appraiser  within fifteen (15) days of a request to do so by the  Department,
the  Department  may appoint an appraiser for the lessee or  succeeding  lessee.
Unless the Department gives written authorization,  the lessee may not remain in
possession or manage the land and property formerly covered by the lease. During
the time the  lessee  remains in  authorized  possession,  the  lessee  shall be
entitled to retain the same share of the  products of the lands as inured to the
lessee during the term of this lease. Should the lessor herein or any succeeding
lessee  not  desire  any of the  lessee's  property  permanently  left  upon the
premises,  as provided in this  paragraph,  the lessee shall  properly  plug all
non-producing  wells  and  remove  all of  his  property  from  the  lands  with
reasonable  diligence.  If any of the property of the lessee is not removed from
the leased premises  within six months of the  termination  date of the lease as
herein  provided the same shall be deemed  forfeited to the State of Montana and
shall become its property.

     33. COMPLIANCE WITH LAWS, RULES AND  REGULATIONS--This  lease is subject to
ftirther  permitting  under  the  provisions  of  Title 75 or 82,  Montana  Code
Annotated.  The lessee  agrees to comply  with all  applicable  laws,  rules and
regulations  in  effect  at the  date  of this  lease,  particularly  the  Rules
Governing  the  Issuance  of Oil and Gas  Leases on State  Lands of the State of
Montana.  The  lessee  agrees  to comply  with all  applicable  laws,  rules and
regulations which may, from time to time, be adopted and which do not impair the
obligations  of this contract and which do not deprive the iessee of an existing
property right recognized by law.

     34.  WARRANTY  OF  TITLE--It  is  understood  and agreed that this lease is
issued only under such title as the State of Montana  may now have or  hereafter
acquire,  and that the lessor  shall not be liable for any damages  sustained by
the  lessee,  nor shall the lessee be entitled to or claim any refund of rentals
or  royalties  theretofore  paid to the lessor in the event the lessor  does not
have the title to the oil and gas in the  leased  lands.  If the  lessor  owns a
lesser  interest in the leased  lands than the entire and  undivided  fee simple
estate in underlying  oil and gas for which rental and royalty is payable,  then
the rentals and royalties  herein  provided shall be paid the lessor only in the
proportion which its interest bears to the whole and undivided fee simple estate
in the oil and gas for which royalty is payable.

     35. LEGAL  FEES--In the event  lessor  shall  institute  and prevail in any
action or suit for the enforcement of any provisions of this lease,  lessee will
pay to lessor a reasonable sum for costs incurred on account thereof.

     36. SPECIAL PROVISIONS:

                                 SEE EXHIBIT "A"

     37. EXECUTING PARTIES BOUND--A11  covenants and agreements herein set forth
between the parties  hereto  shall extend to and bind their  successors,  heirs,
executors and assigns.

     IN WITNESS  WHEREOF,  the State of Montana  and the lessee have caused this
lease to be executed in duplicate and the Director of the Montana  Department of
Natural Resources and Conservation, pursuant to the authority granted him by the
Board of Land  Commissioners of the State of Montana,  has hereunto set his hand
and  affixed  the seal of the Board of Land  Commissioners  this 18th day
of June 2012.

                                           /s/ Fred Taylor
                                           -------------------------------------
                                           Lessee

                                           -------------------------------------

                                           -------------------------------------

                                           -------------------------------------
                                           Address

/s/ Mary Sexton by Monte G. Mason
----------------------------------------------------------------
Director of the Department of Natural Resources and Conservation

                                       14
<PAGE>
                   EXHIBIT A - SPECIAL PROVISIONS OG-42709-12

Surface Ownership: STATE-OWNED SURFACE

1    Lessee shall notify and obtain  approval from the  Department's  Trust Land
     Management  Division (TLMD) prior to constructing well pads,  roads,  power
     lines, and related  facilities that may require surface  disturbance on the
     tract.  Lessee  shall comply with any  mitigation  measures  stipulated  in
     TLMD's approval.

2    Prior to the  drilling of any well,  lessee shall send one copy of the well
     prognosis,  including Form 22 "Application  for Permit" to the Department's
     Trust  Land  Management  Division  (TLMD).  After  a well  is  drilled  and
     completed,  lessee shall send one copy of all logs run, Form 4A "Completion
     Report",  and geologic  report to TLMD. A copy of Form 2 "Sundry Notice and
     Report  of Wells" or other  appropriate  Board of Oil and Gas  Conservation
     form shall be sent to TLMD whenever any subsequent change in well status or
     operator is intended or has  occurred.  Lessee shall also notify and obtain
     approval from the TLMD prior to plugging a well on the lease premises.

     Issuance of this lease in no way commits the Land Board to approval of coal
     bed methane production on this lease. Any coal bed methane extraction wells
     would require subsequent review and approval by the board.

3    The TLMD will complete an initial review for cultural  resources and, where
     applicable,  paleontological resources of the area intended for disturbance
     and  may  require  a  resources  inventory.  Based  on the  results  of the
     inventory,  the TLMD may  restrict  surface  activity  for the  purpose  of
     protecting significant resources located on the lease premises.

4    The  lessee  shall  be  responsible   for  controlling  any  noxious  weeds
     introduced  by lessee's  activity on State- owned land and shall prevent or
     eradicate the spread of those  noxious weeds onto land  adjoining the lease
     premises.

5    The definitions of "oil" and "gas" provided in 82-1-111,  MCA, do not apply
     to this lease for royalty calculation purposes.

6    If the State does not own the surface, the lessee must contact the owner of
     the  surface in writing at least 30 days prior to any surface  activity.  A
     copy of the correspondence shall be sent to TLMD.

7    Due to unstable  soil  conditions on this tract and/or  topography  that is
     rough  and/or  steep,  surface  use may be  restricted  or denied.  Seismic
     activity may be restricted to poltershots.

                                           /s/ Fred Taylor
                                           -------------------------------------
                                           LesseeExhibit 10.1

                          PSYCHIC FRIENDS NETWORK, INC.

                            INDEMNIFICATION AGREEMENT

This  Indemnification  Agreement  (this  "Agreement")  is made as of __________,
_____, by and between Psychic Friends Network,  Inc., a Nevada  corporation (the
"Company"), and ____________________ ("Indemnitee").

                                    RECITALS

WHEREAS,  Indemnitee is either a member of the board of directors of the Company
("Board" or "Board of Directors") or an officer of the Company,  or both, and in
such capacity or capacities is performing a valuable service for the Company.

WHEREAS,  the  Corporation  has  adopted  bylaws  ("Bylaws")  providing  for the
indemnification of the officers, directors, employees and agents of the Company.

WHEREAS,  the Bylaws and Nevada  Revised  Statute  Section  78.751  (the  "State
Statute")  specifically  provide  that  they  are  not  exclusive,  and  thereby
contemplate  that  agreements  may be entered  into  between the Company and the
members of its Board of Directors and officers  with respect to  indemnification
of such directors and officers.

WHEREAS,  Indemnitee  is  willing  to  serve,  continue  to serve and to take on
additional  service  for and on  behalf of the  Company  on the  condition  that
Indemnitee is indemnified as set forth in this Agreement.

WHEREAS,  it is intended that  Indemnitee  shall be paid promptly by the Company
all amounts  necessary  to  effectuate  in full the  indemnity  provided in this
Agreement.

WHEREAS,  to  induce  Indemnitee  continue  to serve as a member of the Board of
Directors and/or committees of the Board of Directors,  of the Company, or as an
officer of the Company,  or both, the Company has determined and agreed to enter
into this Agreement with Indemnitee.

NOW, THEREFORE, in consideration of Indemnitee's continued service as a director
or officer of the Company after the date hereof, and for other good and valuable
consideration,  the receipt and sufficiency of which is hereby acknowledged, the
Company and Indemnitee hereby agree as follows:
<PAGE>
                                    AGREEMENT

1. INDEMNIFICATION OF INDEMNITEE. The Company hereby agrees to hold harmless and
indemnify  Indemnitee  to the fullest  extent  authorized  or  permitted  by the
provisions  of the  Bylaws  and  State  Statute,  or any  successor  statute  or
amendment  thereof  (but only to the  extent  that such  amendment  permits  the
Company to provide broader  indemnification  rights than the Bylaws or the State
Statute  permitted  prior  to the  adoption  of such  amendment),  or any  other
statutory  provisions  authorizing or permitting  such  indemnification  that is
adopted after the date of this Agreement.

2. ADDITIONAL  INDEMNITY.  Subject only to the exclusions set forth in Section 3
of this Agreement, the Company hereby further agrees to hold harmless, indemnify
and defend Indemnitee:

     (a)  Against  any  and  all  expenses   (including   fees  for   attorneys,
accountants,  private  investigators,  court  and  transcript  costs,  fees  and
expenses of witnesses, fines and amounts paid in settlement, any federal, state,
local or foreign taxes imposed on Indemnitee as a result of the actual or deemed
receipt of any payments under this  Agreement,  costs  associated  with appeals,
including without limitation the premium,  security for and other costs relating
to any costs bond, supersedes bond, or other appeal bond or its equivalent,  any
other  amounts  for  time  spent  by  Indemnitee  for  with  Indemnitee  is  not
compensated by the Company for any Affiliate or third party, travel expenses and
all  other  like  disbursements  or  expenses  reasonably  incurred  by  or  for
Indemnitee), judgments damages, fines, penalties, and amounts paid in settlement
(including  all  interest  assessments  and other  charges  paid or  payable  in
connection  with or in respect of such judgment,  fines,  penalties,  or amounts
paid in  settlement)  actually and  reasonably  incurred by or for Indemnitee in
connection with any threatened, pending or completed action, suit or proceeding,
whether civil,  criminal,  arbitrational,  administrative  or investigative  and
whether  formal  or  informal  (including  an  action  by or in the right of the
Company)(a  "Covered Action") to which Indemnitee is, was or at any time becomes
a party or  participant  by  reason  of the fact  that at the time of the act or
omission which is the subject matter of such Covered Action the Indemnitee is or
was a director,  officer, employee or agent of the Company, or is or was serving
at the  request of the  Company as a  director,  officer,  employee  or agent of
another corporation, partnership, joint venture, trust or other enterprise; and

     (b) Otherwise to the fullest extent as may be provided to Indemnitee by the
Company under the Bylaws of the Company and the State Statute.

3. LIMITATIONS ON ADDITIONAL  INDEMNITY.  No indemnity  pursuant to Section 2 of
this Agreement shall be paid by the Company to the extent that:

     (a) Payment is actually  made to Indemnitee  under a valid and  collectible
insurance  policy or  policies,  except  with  respect to any excess  beyond the
amount of payment under such insurance policy or policies.  Notwithstanding  the
availability  of such insurance  policy or policies,  Indemnitee  also may claim
indemnification  from the Company pursuant to this Agreement by assigning to the
Company  any  claims  under  such  insurance  policy or  policies  to the extent
Indemnitee is paid by the Company.

     (b)  Indemnitee is  indemnified  by the Company  otherwise than pursuant to
this Agreement.

     (c) Judgment is rendered against Indemnitee for the payment of dividends or
other  distributions  to  stockholders  of  the  Company  in  violation  of  the
provisions of Nevada Revised Statutes ss.78.300, as amended.

                                       2
<PAGE>
     (d) Judgment is rendered  against  Indemnitee  for an accounting of profits
made from the  purchase  or sale by  Indemnitee  of  securities  of the  Company
pursuant to the  provisions of Section 16(b) of the  Securities  Exchange Act of
1934,  as amended,  or other similar  provisions of any federal,  state or local
statutory law.

     (e) Indemnitee's  conduct giving rise to the claim for  indemnification  is
finally  adjudged by a court of competent  jurisdiction to have been a breach of
fiduciary  duty  which  involved  intentional  misconduct,  fraud  or a  knowing
violation of the law.

     (f) Except as otherwise provided in this Agreement,  in connection with all
or any part of a suit or other proceeding which is initiated or maintained by or
on behalf of Indemnitee,  or any suit or other proceeding by Indemnitee  against
the Company or its directors,  officers,  employees or other agents,  unless (i)
such  indemnification  is expressly  required to be made by Nevada law; (ii) the
suit or other  proceeding was expressly  authorized by the Board of Directors of
the Company in writing or (iii) such indemnification is provided by the Company,
in its sole  discretion,  pursuant  to the powers  vested in the  Company  under
Nevada law or any other applicable law or (iv) the suit or proceeding  initiated
by Indemnitee is a cross-claim or counter-claim.

4.  CONTINUATION  OF INDEMNITY.  All agreements  and  obligations of the Company
contained in this  Agreement  shall continue  during the period  Indemnitee is a
director, member of a committee of the board of directors,  officer, employee or
agent of the  Company  (or is or was  serving at the request of the Company as a
director, officer, employee or agent of another corporation,  partnership, joint
venture,  trust or other  enterprise)  and shall continue  thereafter so long as
Indemnitee  shall be subject to any  possible  claim or  threatened,  pending or
completed action, suit or proceeding, whether civil, criminal, administrative or
investigative,  by reason of the fact that  Indemnitee was a director or officer
of the Company,  or both, or serving in any other  capacity  referred to in this
Agreement.

5. ADVANCEMENT OF EXPENSES.  In the event Indemnitee incurs costs or expenses in
connection  with  the  defense  of  any  civil,   criminal,   administrative  or
investigative  action,  suit or  proceeding  (including  any  costs or  expenses
incurred  for any appeal  therefore),  the  Company  agrees to pay such costs or
expenses as they are  incurred  and in advance of the final  disposition  of the
action,  suit or  proceeding  within 30 calendar  days of submission of bills or
vouchers  for such costs or expenses  upon  receipt of an  undertaking  by or on
behalf of  Indemnitee  to repay the amount if it is  ultimately  determined by a
court of competent jurisdiction that he or she is not entitled to be indemnified
by the Company.  Indemnitee agrees to reimburse the Company for all amounts paid
by the Company in defending any civil, criminal,  administrative,  investigative
action,  suit  or  proceeding  against  Indemnitee,  including  amounts  paid in
settlement, in the event and only to the extent that it is ultimately determined
by a court of  competent  jurisdiction  that  Indemnitee  is not  entitled to be
indemnified  by the Company for such expenses  under the provisions of the State
Statute,  Bylaws, this Agreement or otherwise.  In the case of an action brought
by the Company for an  accounting  of profits  made from the purchase or sale by
Indemnitee of securities  of the Company  pursuant to the  provisions of Section
16(b) of the  Securities  Exchange  Act of 1934,  as amended,  or other  similar
provisions of any federal,  state or local  statutory  law,  however,  costs and
expenses  will not be  advanced  unless such action is approved by a majority of
the  directors  of  the  Company  who  both  hold  office  at  the  time  of the
commencement  of such case and held office at the time of the conduct alleged to
have given rise to liability on the part of the Indemnitee.

6.  PRESUMPTIONS  AND EFFECT ON CERTAIN  PROCEEDINGS.  Upon making a request for
indemnification,  Indemnitee shall be presumed to be entitled to indemnification
under this  Agreement.  The  termination  of any action,  suit or  proceeding by
judgment, order, settlement,  arbitration award, conviction or on a plea of nolo
contendere or its equivalent shall not affect this presumption  except as may be
provided in Section 4 of this Agreement.

                                       3
<PAGE>
7.  NOTIFICATION  AND DEFENSE OF CLAIM.  Promptly after receipt by Indemnitee of
notice of the commencement of any action, suit or proceeding,  Indemnitee shall,
if a claim with  respect  thereto is to be made  against the Company  under this
Agreement,  notify the Company of the  commencement of the same; but the failure
by  Indemnitee  to notify the Company  will not  relieve  the  Company  from any
liability  which it may have to Indemnitee  otherwise than under this Agreement.
With  respect to any such  action,  suit or  proceeding  as to which  Indemnitee
notifies the Company of the commencement thereof:

     (a) The  Company  shall  be  entitled  to  participate  therein  at its own
expense; and

     (b) Except as otherwise provided below, to the extent that it may wish, the
Company,  jointly with any other indemnifying party similarly notified, shall be
entitled to assume the defense thereof with counsel  reasonably  satisfactory to
Indemnitee.  After  notice from the  Company to  Indemnitee  of its  election to
assume the defense of the action,  suit or  proceeding,  the Company will not be
liable to  Indemnitee  under  this  Agreement  for any  legal or other  expenses
subsequently incurred by Indemnitee in connection with the defense thereof other
than  reasonable  costs  of  investigation  or  as  otherwise   provided  below.
Indemnitee  shall have the right to employ its own counsel in such action,  suit
or proceeding  but the fees and expenses of such counsel  incurred  after notice
from the Company of its  assumption  of the defense shall be at the sole expense
of  Indemnitee  unless (i) the  employment  of counsel  by  Indemnitee  has been
authorized  in writing by the Company;  (ii)  Indemnitee  shall have  reasonably
concluded  that there may be a conflict  of  interest  between  the  Company and
Indemnitee  in the conduct of the defense of such  action;  or (iii) the Company
shall not in fact have  employed  counsel to assume the defense of such  action,
suit or proceeding;  (iv) there has been a Change of Control (as defined below),
or (v) Indemnitee  shall have  reasonably  concluded that counsel engaged by the
Company on behalf of Indemnitee may not adequately represent Indemnitee. In each
such instance set forth in (i)-(v) above,  the fees and expenses of Indemnitee's
counsel shall be at the expense of the Company.  Notwithstanding  the foregoing,
the Company  shall not be entitled to assume the defense of any action,  suit or
proceeding  brought  by or on behalf of the  Company  or as to which  Indemnitee
shall have made the conclusion provided in (ii) above.

"Change of  Control"  shall be deemed to have  occurred at such time as: (A) any
person  (as the term is used in  Sections  13(d)  and  14(d)  of the  Securities
Exchange  Act of  1934,  as  amended  (the  Exchange  Act))  is or  becomes  the
beneficial owner (as defined in Rule 13d-3 under the Exchange Act),  directly or
indirectly,  of voting  securities of the Company  representing more than 50% of
the Company s outstanding voting securities or rights to acquire such securities
except for any voting  securities issued or purchased under any employee benefit
plan of the Company or its  subsidiaries;  or (B) any sale,  lease,  exchange or
other  transfer  (in one  transaction  or a series  of  transactions)  of all or
substantially all of the assets of the Company;  or (C) a plan of liquidation of
the  Company  or an  agreement  for the sale or  liquidation  of the  Company is
approved and completed;  or (D) the Board determines in its sole discretion that
a Change in Control has occurred,  whether or not any event  described above has
occurred or is contemplated.

     (c) The  Company  shall not be liable to  indemnify  Indemnitee  under this
Agreement  for any amounts paid in  settlement  of any action or claim  affected
without the  Company's  prior  express  written  consent.  The Company shall not
settle  any  action or claim in any manner  that  would  impose  any  penalty or
limitation on Indemnitee  without  Indemnitee's  prior express written  consent.
Neither the Company nor Indemnitee will  unreasonably  withhold their consent to
any proposed settlement.

8. ENFORCEMENT.

     (a) The Company expressly confirms and agrees that it has entered into this
Agreement and assumed the obligations  imposed on the Company hereby in order to
induce  Indemnitee  to  continue as a director  or officer of the  Company,  and

                                       4
<PAGE>
acknowledges  that Indemnitee is relying on this Agreement in continuing in such
capacity.

     (b) In the event  Indemnitee is required to bring any action to enforce his
or her rights or to collect moneys due under this  Agreement,  the Company shall
advance Indemnitee all of Indemnitee's  reasonably fees and expenses in bringing
and pursuing such action.  Indemnitee shall be responsible for  reimbursement to
the Company of such advances in the event that  Indemnitee is not  successful in
such action.

9. NO  EMPLOYMENT  RIGHTS.  Nothing in this  Agreement  is intended to confer on
Indemnitee  any right to continue in the employ of the Company for any period of
time or  interfere  with or  otherwise  restrict  in any way the  rights  of the
Company or of Indemnitee, which rights are hereby expressly reserved by each, to
terminate  his or her  service at any time and for any  reason,  with or without
cause,  except as may be provided  otherwise in an agreement between the Company
and Indemnitee.

10.  SEVERABILITY.  Each of the  provisions  of this  Agreement are separate and
distinct  and  independent  of one  another,  so that if any  provision  of this
Agreement  shall be held to be invalid or  unenforceable  for any  reason,  such
invalidity or  unenforceability  shall not effect the validity or enforceability
of the other provisions of this Agreement.

11. BLUE PENCIL.  If any  provision  of this  Agreement is held to be invalid or
unenforceable by a court of competent  jurisdiction,  the parties agree that the
court making such determination  shall have the power to amend such provision or
to delete  specific  words or  phrases  so that  such  provision  shall  then be
enforceable to the fullest extent permitted by law.

12. SUBROGATION. In the event of payment under this Agreement, the Company shall
be  subrogated  to the  extent of such  payment  to all  rights of  recovery  of
Indemnitee,  who shall execute all papers  required and shall do everything that
may be  necessary  to secure such  rights,  including  without  limitation,  the
execution of such documents necessary to enable the Company to effectively bring
suit to enforce such rights.

13.  GOVERNING  LAW.  This  Agreement  shall be governed  by, and  construed  in
accordance  with,  the laws of the State of Nevada without resort to conflict of
laws principles.

14. BINDING EFFECT;  AMENDMENT.  This Agreement shall be binding on the parties,
their successors and assigns, and shall inure to the benefit of Indemnitee,  his
or her heirs,  personal  representatives and assigns,  and to the benefit of the
Company, its successors and assigns. No amendment, modification,  termination or
cancellation of this Agreement shall be effective  unless in a writing signed by
both parties hereto.

15. NOTICES. All notices,  requests,  demands and other communications hereunder
shall be in writing and shall be deemed to have been duly given if (i) delivered
by  hand  and  receipted  for  by  the  party  to  whom  said  notice  or  other
communication shall have been directed or (ii) mailed by certified or registered
mail with postage prepaid,  on the third business day after the date on which it
is so mailed and addressed to the following addresses:

                                       5
<PAGE>
IF TO INDEMNITEE:

IF TO THE COMPANY:

Attention: CEO

A party may change their address by delivering  notice of such changed addressed
in the manner set forth in this Section 15.

                                       6
<PAGE>
IN WITNESS WHEREOF, the parties hereto have executed this Indemnity Agreement as
of the date first above written.

"Indemnitee"                               "Company"

                                           PSYCHIC FRIENDS NETWORK, INC.
-------------------------------------      a Nevada corporation

By:                                         By:
   ----------------------------------          ---------------------------------
Its:                                        Its:
    ---------------------------------           --------------------------------

                                       7

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