Document:

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                                                                Exhibit 10.11(b)

                           STOCK RIGHTS CERTIFICATE

                              INDIAN OIL COMPANY

                              Date: April 1, 1999

     This Stock Rights Certificate (the "Certificate") certifies that, for value
received, the holder of this Certificate (the "Holder") shall have the rights
and obligations with respect to the shares of common stock (the "Stock") of
Indian Oil Company, an Oklahoma corporation (the "Company"), to which this
Certificate relates.  The rights and obligations contained in this Certificate
shall only apply to the Holder and only for so long as the Holder is the
registered holder of the shares of Stock to which this Certificate relates.  The
Stock and this Certificate are transferable by the Holder, but only in the
manner provided herein.

     The Holder of this Certificate is Anthony "Skeeter" Lasuzzo.

     1.   Stock to Which this Certificate Relates.  This Certificate relates to
          ---------------------------------------
Three Thousand Two Hundred Eighty-Three (3,283) shares of Stock of the Company,
represented by Stock Certificate No. ___, issued on the 1st day of April, 1999
(the "Original Issue Date").

     2.   Antidilution Rights. The shares of Stock owned by the Holder represent
          -------------------
five percent (5%) of the total issued and outstanding Stock of the Company.

     Pursuant to this Certificate, if at any time after the date hereof shares
of Stock of the Company are issued for a price per share less than the then
current fair market value per share (a "Below Market Transaction"), then the
Holder shall be issued that number of additional shares of Stock in the Company,
which may, if the Holder so elects, become subject to this Certificate,
necessary to cause the value of the Holder's Stock after the issuance of such
additional shares in the Below Market Transaction to be the same as the value of
Holder's Stock before the issuance of such additional shares in the Below Market
Transaction.  Notwithstanding anything to the contrary herein, the Holder shall
have no antidilution rights if additional shares of Stock are issued for a price
per share determined in good faith by the Company's Board of Directors to be
equal to or greater than fair market value.  In determining the fair market
value of any stock issued by the Company, the Board of Directors shall consider,
among other factors (i) the aggregate value of the reserve report prepared by
independent third party engineers as required under the Merger Agreement, as
defined below, or any other more recently prepared reserve report; (ii) the
amount required to repay in full the Company's debt to MidFirst Bank and Bank
One, Oklahoma, N.A.; (iii) the amount owed to the Coral Group,
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as defined in the Merger Agreement; (iv) the amount paid on the Contingent
Production Payment, as defined in the Merger Agreement; (v) the Company's Net
Working Capital, as defined in the Merger Agreement; and (vi) the amount
required to make gas balancing computations in the manner required by the Merger
Agreement.

     3.   Lockup Agreement.  Upon the occurrence of the Reorganization, as
          ----------------
defined in that certain Agreement and Plan of Merger, dated February 15, 1999
(the "Merger Agreement"), among the Company, Coral Reserves, Inc., Coral
Reserves Energy Corp., and Coral Reserves,  the Company, or other parties, may
require that the Holder enter into a "lockup agreement" with respect to the
Holder's Stock in the Company or the Holder's Coral Public Common Stock, as
defined in the Merger Agreement.   In such event, the Holder agrees to execute
such "lockup agreement."

     4.   Transfer of Certificate.
          -----------------------

          4.1  This Certificate may be transferred only in conjunction with the
transfer of the Stock to which this Certificate relates.  Any purported transfer
made other than in accordance with this Certificate shall be null and void and
of no force and effect.

          4.2  No person may be a Holder of this Certificate and have the rights
of a Holder hereunder unless that person also is the registered holder of the
Stock to which this Certificate relates.

     5.   Governing Law.  This Certificate shall be construed in accordance with
          -------------
the laws of the State of Oklahoma.

     6.   Successors.  All the covenants and provisions of this Certificate by
          ----------
or for the benefit of Holder shall bind and inure to the benefit of the Holder's
successors and assigns.

     7.   Benefits of this Certificate.  Except as set forth in this Section 7,
          ----------------------------
nothing in this Certificate shall be construed to give to any person other than
the Company, and its successors and assigns, and the registered Holder and its
successors and assigns, any legal or equitable right, remedy or claim under this
Certificate, but this Certificate shall be for the sole and exclusive benefit of
the Company and its respective successors and assigns hereunder and the Holder
of this Certificate and its successors and assigns.  The Company hereby agrees
and acknowledges that Holder and Frank Harrison have certain options to purchase
Stock and Rick Dunning, Roger Graham and Larry Hartzog may have certain options
to purchase Stock.  If Stock is issued pursuant to such options for a price per
share less than fair market value, then the Holder shall have antidilution
rights as provided above. If Stock is issued pursuant to

                                      -2-
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such options for a price per share equal to or greater than fair market value,
then the Holder shall have no antidilution rights.

     8.   Excluded Assets.  The Holder hereby acknowledges that certain assets
          ---------------
of the Company (known as the "Excluded Assets" in the Merger Agreement) have
been or will be transferred by the Company to the following or to an entity
owned by the following (the "Original Shareholders"):   Larry Hartzog, Roger
Graham, Dunning Family Limited Partnership, and Michael C. Black, Trustee of the
Michael C. Black Revocable Trust.  The Holder agrees that this Certificate
grants the Holder no interest in such Excluded Assets, no right to participate
in the transfer of such Excluded Assets, and no right to participate in the
ownership of any entity formed by the Original Shareholders for the purpose of
purchasing such Excluded Assets.

     IN WITNESS WHEREOF, the Company has executed this Certificate as of the
date set forth above.

                                    INDIAN OIL COMPANY

                                    By:___________________________
                                       Name: _____________________
                                       Its: ______________________

                                    ______________________________
                                    Anthony "Skeeter" Lasuzzo

                                      -3-<PAGE>

                                                                Exhibit 10.11(c)

                              Richard R. Dunning
                          9400 N. Broadway Extension
                                   Suite 800
                         Oklahoma City, Oklahoma 73114

                              September 29, 1999

Anthony "Skeeter" Lasuzzo
9400 N. Broadway Extension
Suite 800
Oklahoma City, Oklahoma 73114

Dear Skeeter:

     Reference is made to the Consulting Agreement, dated April 1, 1999, between
you and Indian Oil Company (the "Company").  Please consider this letter as
written confirmation of my agreement to grant you the option to purchase,
subject to the terms and conditions described below, shares of my Company stock
immediately prior to the Reorganization or liquidation of the Company or the
occurrence of certain other transactions described below (all capitalized terms
used in this letter and not otherwise defined shall have the same meaning as set
forth in the Consulting Agreement and the attachment hereto).

     If the Consulting Agreement is terminated under Section 7.6 (which would be
a termination upon the occurrence of the Reorganization), Section 7.1(b) (which
would be a termination upon consummation of liquidation of the Company), or
Section 7.7 (which would be a termination upon the occurrence of a transaction
[an "Other Transaction"] of the type described in Section 7.7 of the Consulting
Agreement), then you will have the option to purchase from me that number of
shares of Company stock owned by me determined as follows:

     1.   If the Debt equals the Company's Value or the Debt exceeds the
Company's Value by less than $1,000,000 (calculated as of the Reorganization,
liquidation or closing of the Other Transaction), then you will have the option
to purchase that number of shares of Company stock owned by me that has a value,
determined upon consummation of the Reorganization, liquidation, or the Other
Transaction, equal to $75,000.
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                                                              September __, 1999
                                                                          Page 2

     2.   If the Debt exceeds the Company's Value by $1,000,000 or more
(calculated as of the consummation of the Reorganization, liquidation, or
closing of the Other Transaction), then your options will terminate and you will
not have the option to purchase any shares of Company stock (or any other stock)
owned by me.

     3.   If the Company's Value exceeds the Debt by less than $3,000,000
(calculated as of the consummation of the Reorganization, liquidation, or
closing of the Other Transaction), then you will have the option to purchase
that number of shares of Company stock owned by me that has a value, determined
upon consummation of the Reorganization, liquidation, or closing of the Other
Transaction, equal to the sum of (i) $75,000 plus (ii) 2.5% times the amount
that the Company's Value exceeds the Debt.

     4.   If the Company's Value exceeds the Debt by $3,000,000 or more
(calculated as of the consummation of the Reorganization, liquidation, or
closing of the Other Transaction), then you will have the option to purchase
that number of shares of Company stock owned by me that has a value, determined
upon consummation of the Reorganization, liquidation, or closing of the Other
Transaction, equal to $150,000.

     Consider these examples:

     1.   If the Company's Value is $29,500,000 and the Debt is $30,000,000
(i.e., the Debt exceeds the Company's Value by $500,000, which is less than
$1,000,000) (calculated as of the consummation of the Reorganization,
liquidation, or closing of the Other Transaction), then you will have the option
to purchase that number of shares of Company stock owned by me valued at
$75,000.

     2.   If the Debt is $31,500,000 (or greater) and the Company's Value is
$30,500,000 (i.e., the Debt exceeds the Company's Value by $1,000,000 or more)
(calculated as of the consummation of the Reorganization, liquidation, or
closing of the Other Transaction), then your options will terminate and you will
have no options to purchase any shares of Company stock owned by me.

     3.   If the Company's Value is $33,000,000 and the Debt is $30,500,000
(i.e., the Company's Value exceeds the Debt by $2,500,000, which is less than
$3,000,000) (calculated as of the consummation of the Reorganization,
liquidation, or closing of the Other Transaction), then you will have the option
to purchase that number of shares of Company stock owned by me valued at the sum
of (i) $75,000 plus (ii) 2.5% times $2,500,000.  In other words, you
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                                                              September __, 1999
                                                                          Page 3

would have the option to purchase that number of shares of Company stock owned
by me valued at $137,500.

     4.   If the Company's Value is $33,500,000 (or greater) and the Debt is
$30,500,000 (i.e., the Company's Value exceeds the Debt by $3,000,000 or more)
(calculated as of the consummation of the Reorganization, liquidation, or
closing of the Other Transaction), then you would have the option to purchase
that number of shares of Company stock owned by me valued at $150,000.

     Your option to purchase shares of Company stock owned by me may only be
exercised in whole, and not in part, and must be exercised at least three (3)
days prior to commencement of the liquidation of the Company or closing of the
Reorganization or Other Transaction. I agree to give you notice at least ten
(10) days prior to closing of the Reorganization or Other Transaction or
consummation of the liquidation of the Company.

     Your notice to me to exercise your option must be accompanied by a written
statement that the shares are being purchased for investment and not with a view
to distribution.  Upon the exercise of such options, we agree to consummate the
purchase and sale of the applicable shares pursuant to terms and conditions
mutually agreeable to us at a closing.  The closing shall occur as soon as
possible after the delivery of the notice to me.  At the closing, I will deliver
to you a duly endorsed certificate or certificates representing the number of
shares of Company stock being purchased, and you agree to pay the purchase price
to me in cash or its equivalent.  However, and notwithstanding anything to the
contrary herein, upon your exercise of the options granted hereunder, I may, in
my sole discretion, deliver to you the required amount in cash or certified
funds (i.e., $75,000 in the case of the first example above) in lieu of
delivering to you any shares of my Company stock. The delivery to you of the
required amount in cash or certified funds in lieu of Company stock will
completely extinguish any obligation to deliver any Company stock to you upon
your exercise of the option.

     The price per share at which the shares of Company stock subject to this
option may be purchased shall be $1.00.  The option price shall be paid in cash
or its equivalent.  If I choose to deliver the required amount in cash or
certified funds in lieu of delivering Company stock to you, you will be refunded
any option price paid by you.

     If you exercise your options to purchase Company stock prior to the closing
of the Reorganization, then you understand that you
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                                                              September __, 1999
                                                                          Page 4

will be required to enter into various agreements in connection with the
Reorganization, such as a stock purchase agreement and a lock-up agreement. You
agree to promptly enter into such agreements.

     Notwithstanding anything to the contrary herein, the options that I have
granted you under this letter shall terminate and lapse automatically on March
2, 2001.

     Please sign below to confirm that this letter accurately reflects our
agreement.

                                    Sincerely,

                                    Richard R. Dunning

Agreed to and accepted by:

______________________________
Anthony "Skeeter" Lasuzzo
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                                   APPENDIX

     "Company's Value" - the aggregate value of the Reserve Report as determined
      ---------------
by independent third party engineers and as required under the Merger Agreement.

     "Debt" - (i) the amount required at the commencement of the liquidation or
      ----
closing of the Reorganization or Other Transaction to repay in full the
Company's debt to Bank One, Oklahoma, N.A.; plus (ii) the amount required at the
commencement of the liquidation or closing of the Reorganization or Other
Transaction to repay in full the Company's debt to MidFirst Bank; plus (iii)
$6,000,000, less the amount of Contingent Production Payments, as defined in the
Merger Agreement, paid by the Company to the Coral Group, as defined in the
Merger Agreement; plus (iv) $3,000,000; less (v) the amount at the commencement
of the liquidation or closing of the Reorganization or Other Transaction of the
Company's Net Working Capital, as defined in the Merger Agreement, and the
amount required to make the gas balancing computations in the manner and as
required by the Merger Agreement.

     "Merger Agreement" - that certain Agreement and Plan of Merger among the
      ----------------
Company, Coral Reserves, Inc., Coral Reserves Energy Corp., and Coral Group,
Ltd., dated February 15, 1999.

     "Reserve Report" - the engineering reports required by the Merger Agreement
      --------------
and prepared by independent third parties engineers setting forth:

          (i)   The proven oil and gas reserves attributable to the oil and gas
     properties of the Company;

          (ii)  the aggregate present value, determined on the basis  of stated
     pricing assumptions, of the future net income with respect to such oil and
     gas properties, discounted as a stated per annum discount rate of proven
     reserves; and

          (iii) projections of the annual rate of production, gross income and
     net income with respect to such proven reserves.

For purposes of calculating the number of shares to be delivered to you, we
agree to use, to the extent practicable and to extent consistent with the
calculations required under the Merger Agreement, the above definitions to
determine the value of the Company stock.  For instance, assume that the
Company's Value is $33,500,000 and the Debt is $30,000,000, and thus you are
entitled to $150,000 of Company stock (also assume that I do not elect to pay
you cash in lieu of such Company stock).  Assume that there are 65,643 shares of
Company stock outstanding.  Because each share of Company stock would be worth
$53.32 ($3,500,000 divided by 65,643),
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                                                              September __, 1999
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you would have the option to purchase from me 2,813 shares ($150,000 divided by
$53.32) of Company stock.

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