Document:

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                                                                     EXHIBIT 4.5

                          REGISTRATION RIGHTS AGREEMENT

         REGISTRATION RIGHTS AGREEMENT (this "Agreement") by and among Toreador
Resources Corporation, a Delaware corporation (the "Company"), and each of the
persons listed on the Schedule of Purchasers attached hereto (each referred to
herein as a "Purchaser" and, collectively, as the "Purchasers").

         The Company has agreed, on the terms and subject to the conditions set
forth in the Securities Purchase Agreement of even date herewith (the
"Securities Purchase Agreement"), to issue and sell to each Purchaser shares
(the "Preferred Shares") of the Company's Series A-1 Convertible Preferred
Stock, par value $1.00 per share (the "Preferred Stock"). The Preferred Shares
are convertible pursuant to the Company's Certificate of Designation (the
"Certificate of Designation") into shares (the "Conversion Shares") of the
Company's Common Stock, par value $0.15625 per share (the "Common Stock"). In
order to induce the Purchasers to enter into the Securities Purchase Agreement,
the Company has agreed to provide certain registration rights under the
Securities Act of 1933, as amended (the "Securities Act"), and under applicable
state securities laws. Capitalized terms used herein and not otherwise defined
shall have the respective meanings set forth in the Securities Purchase
Agreement.

         In consideration of each Purchaser entering into the Securities
Purchase Agreement, and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties agree as follows:

1. DEFINITIONS.

         For purposes of this Agreement, the following terms shall have the
meanings specified:

         (a) "Final Closing" shall have the meaning set forth in the Securities
Purchase Agreement;

         (b) "Holder" means any person owning or having the right to acquire
Registrable Securities, including initially each Purchaser and thereafter any
permitted assignee thereof;

         (c) "Register", "registered" and "registration" refer to a registration
effected by preparing and filing a registration statement or statements in
compliance with the Securities Act and pursuant to Rule 415 under the Securities
Act ("Rule 415") or any successor rule providing for the offering of securities
on a continuous or delayed basis ("Registration Statement"), and the declaration
or ordering of effectiveness of the Registration Statement by the Securities and
Exchange Commission (the "Commission"); and

         (d) "Registrable Securities" means the Preferred Shares, Conversion
Shares, and any other Preferred Shares or shares of Common Stock issuable
pursuant to the terms of the Preferred Stock, whether as a dividend, payment of
a redemption price or otherwise, and any shares of capital stock issued or
issuable from time to time (with any adjustments) in replacement of, in exchange
for or otherwise in respect of the Preferred Shares or the Conversion Shares,
including without limitation any securities received by a Holder in connection
with an Exchange Transaction (as defined in the Certificate of Designation).

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2. REGISTRATION.

         (a) After the Final Closing, the Company shall promptly file under the
Securities Act of 1933, as amended (the "Securities Act"), the Registration
Statement so that the Registrable Securities may be sold in such manner as the
Holders thereof shall determine. In addition, the Company may elect to register
on the Registration Statement for resale shares of Common Stock and preferred
stock held by other holders. The Registration Statement shall state, to the
extent permitted by Rule 416 under the Securities Act, that it also covers such
indeterminate number of shares of Common Stock or preferred stock as may be
required to effect conversion of the Preferred Shares, to prevent dilution
resulting from stock splits, stock dividends or similar events, or by reason of
changes in the Conversion Price in accordance with the terms of the Certificate
of Designation.

         (b) The Company shall take all reasonable action necessary to cause the
Registration Statement to be declared effective as soon as practicable after
filing, but in no event later than 270 days after the initial filing and shall
maintain the effectiveness of the Registration Statement until the earlier to
occur of (i) the date on which all of the Registrable Securities have been sold
pursuant to the Registration Statement and (ii) the date on which all of the
remaining Registrable Securities (in the reasonable opinion of counsel to the
Company) may be immediately sold to the public without registration and without
regard to the amount of Registrable Securities which may be sold by a Holder
thereof at a given time (the "Registration Period").

3. OBLIGATIONS OF THE COMPANY.

         In addition to performing its obligations hereunder, including those
pursuant to Sections 2(a) and 2(b) above, the Company shall:

         (a) prepare and file with the Commission such amendments and
supplements to the Registration Statement and the prospectus used in connection
with the Registration Statement as may be necessary to comply with the
provisions of the Securities Act or to maintain the effectiveness of the
Registration Statement during the Registration Period, or as may be reasonably
requested by a Holder in order to incorporate information concerning such Holder
or such Holder's intended method of distribution;

         (b) furnish to each Holder such number of copies of the prospectus
included in such Registration Statement, including a preliminary prospectus, in
conformity with the requirements of the Securities Act, and such other documents
as such Holder may reasonably request in order to facilitate the disposition of
such Holder's Registrable Securities;

         (c) use all commercially reasonable efforts to register or qualify the
Registrable Securities under the securities or "blue sky" laws of such
jurisdictions within the United States as shall be reasonably requested from
time to time by a Holder, and do any and all other acts or things which may be
necessary or advisable to enable such Holder to consummate the public sale or
other disposition of the Registrable Securities in such jurisdictions; provided
that the Company shall not be required in connection therewith or as a condition
thereto to qualify to do business or to file a general consent to service of
process in any such jurisdiction;

         (d) notify each Holder immediately upon the occurrence of any event as
a result of which the prospectus included in such Registration Statement, as
then in effect, contains an untrue statement of material fact or omits to state
a material fact required to be stated therein or necessary to make the
statements therein not misleading in light of the circumstances then existing,
and (except during a Blackout Period) as promptly as practicable, prepare, file
and furnish to each Holder a reasonable number

                                      -2-
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of copies of a supplement or an amendment to such prospectus as may be necessary
so that such prospectus does not contain an untrue statement of material fact or
omit to state a material fact required to be stated therein or necessary to make
the statements therein not misleading in light of the circumstances then
existing. For purposes hereof, "Blackout Period" means such day or days, not to
exceed an aggregate of thirty (30) days during any period of twelve (12)
consecutive months, with respect to which the Board of Directors of the Company
determines in good faith (A) that an amendment or supplement to the Registration
Statement or prospectus contained therein is necessary, in light of subsequent
events, in order to correct a material misstatement made therein or to include
information the absence of which would render the Registration Statement or such
prospectus materially misleading and (B) that the filing of such amendment or
supplement would result in the disclosure of information which the Company has a
bona fide business purpose for preserving as confidential; provided that the
Company shall be entitled to impose no more than three (3) Blackout Periods
during any period of twelve (12) consecutive months;

         (e) use all commercially reasonable efforts to prevent the issuance of
any stop order or other order suspending the effectiveness of such Registration
Statement and, if such an order is issued, to obtain the withdrawal thereof at
the earliest possible time and to notify each Holder of the issuance of such
order and the resolution thereof;

         (f) furnish to each Holder, on the date that such Registration
Statement becomes effective, a letter, dated such date, of outside counsel
representing the Company (and reasonably acceptable to such Holder) addressed to
such Holder, confirming the effectiveness of the Registration Statement and, to
the knowledge of such counsel, the absence of any stop order;

         (g) provide each Holder and its representatives the opportunity to
conduct a reasonable inquiry of the Company's financial and other records during
normal business hours and make available its officers, directors and employees
for questions regarding information which such Holder may reasonably request in
order to fulfill any due diligence obligation on its part; and

         (h) permit counsel for each Holder (at such Holder's expense) to review
such Registration Statement and all amendments and supplements thereto a
reasonable period of time prior to the filing thereof with the Commission.

4. OBLIGATIONS OF EACH HOLDER.

         In connection with the registration of the Registrable Securities
pursuant to the Registration Statement, each Holder shall:

         (a) furnish to the Company such information regarding itself and the
intended method of disposition of Registrable Securities as the Company shall
reasonably request in order to effect the registration thereof;

         (b) upon receipt of any notice from the Company of the happening of any
event of the kind described in Sections 3(d) or 3(e), immediately discontinue
disposition of Registrable Securities pursuant to the Registration Statement
until the filing of an amendment or supplement as described in Section 3(f) or
withdrawal of the stop order referred to in Section 3(e);

         (c) to the extent required by applicable law, deliver a prospectus to
each purchaser of Registrable Securities; and

                                      -3-
<PAGE>

         (d) notify the Company when it has sold all of the Registrable
Securities theretofore held by it.

5. INDEMNIFICATION.

         In the event that any Registrable Securities are included in a
Registration Statement under this Agreement:

         (a) To the extent permitted by law, the Company shall indemnify and
hold harmless each Holder, the officers, directors, employees, agents and
representatives of such Holder, and each person, if any, who controls such
Holder within the meaning of the Securities Act or the Securities Exchange Act
of 1934, as amended (the "1934 Act"), against any losses, claims, damages,
liabilities or reasonable out-of-pocket expenses (whether joint or several)
(collectively, including legal or other expenses reasonably incurred in
connection with investigating or defending same, "Losses"), insofar as any such
Losses arise out of or are based upon (i) any untrue statement or alleged untrue
statement of a material fact contained in such Registration Statement, including
any preliminary prospectus or final prospectus contained therein or any
amendments or supplements thereto, or (ii) the omission or alleged omission to
state therein a material fact required to be stated therein, or necessary to
make the statements therein, in light of the circumstances under which they were
made, not misleading. The Company will reimburse such Holder, and each such
officer, director, employee, agent, representative or controlling person for any
legal or other expenses as reasonably incurred by any such entity or person in
connection with investigating or defending any Loss; provided, however, that the
foregoing indemnity shall not apply to amounts paid in settlement of any Loss if
such settlement is effected without the consent of the Company (which consent
shall not be unreasonably withheld), nor shall the Company be obligated to
indemnify any person for any Loss to the extent that such Loss arises out of or
is based upon and in conformity with written information furnished by such
person expressly for use in such Registration Statement; and provided, further,
that the Company shall not be required to indemnify any person to the extent
that any Loss results from such person selling Registrable Securities (i) to a
person to whom there was not sent or given, at or prior to the written
confirmation of the sale of such shares, a copy of the prospectus, as most
recently amended or supplemented, if the Company has previously furnished or
made available copies thereof or (ii) during any period following written notice
by the Company to such Holder of an event described in Section 3(d) or 3(e).

         (b) To the extent permitted by law, each Holder, acting severally and
not jointly, shall indemnify and hold harmless the Company, the officers,
directors, employees, agents and representatives of the Company, and each
person, if any, who controls the Company within the meaning of the Securities
Act or the 1934 Act, against any Losses to the extent (and only to the extent)
that any such Losses arise out of or are based upon and in conformity with
written information furnished by such Holder expressly for use in such
Registration Statement; and such Holder will reimburse any legal or other
expenses as reasonably incurred by the Company and any such officer, director,
employee, agent, representative, or controlling person, in connection with
investigating or defending any such Loss; provided, however, that the foregoing
indemnity shall not apply to amounts paid in settlement of any such Loss if such
settlement is effected without the consent of such Holder, which consent shall
not be unreasonably withheld; provided, that, in no event shall any indemnity
under this Section 5(b) exceed the net purchase price of securities sold by such
Holder under the Registration Statement.

         (c) Promptly after receipt by an indemnified party under this Section 5
of notice of the commencement of any action (including any governmental action),
such indemnified party will, if a claim in respect thereof is to be made against
any indemnifying party under this Section 5, deliver to the indemnifying party a
written notice of the commencement thereof and the indemnifying party shall have

                                      -4-
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the right to participate in and to assume the defense thereof with counsel
mutually satisfactory to the parties; provided, however, that an indemnified
party shall have the right to retain its own counsel, with the reasonably
incurred fees and expenses of one such counsel to be paid by the indemnifying
party, if representation of such indemnified party by the counsel retained by
the indemnifying party would be inappropriate under applicable standards of
professional conduct due to actual or potential conflicting interests between
such indemnified party and any other party represented by such counsel in such
proceeding. The failure to deliver written notice to the indemnifying party
within a reasonable time of the commencement of any such action, to the extent
prejudicial to its ability to defend such action, shall relieve such
indemnifying party of any liability to the indemnified party under this Section
5 with respect to such action, but the omission so to deliver written notice to
the indemnifying party will not relieve it of any liability that it may have to
any indemnified party otherwise than under this Section 5 or with respect to any
other action.

         (d) In the event that the indemnity provided in subsection (a) or (b)
of this Section 5 is unavailable or insufficient to hold harmless an indemnified
party for any reason, the Company and each Holder agree, severally and not
jointly, to contribute to the aggregate Losses to which the Company or such
Holder may be subject in such proportion as is appropriate to reflect the
relative fault of the Company and such Holder in connection with the statements
or omissions which resulted in such Losses; provided, however, that in no case
shall such Holder be responsible for any amount in excess of the net purchase
price of securities sold by it under the Registration Statement. Relative fault
shall be determined by reference to whether any alleged untrue statement or
omission relates to information provided by the Company or by such Holder. The
Company and each Holder agree that it would not be just and equitable if
contribution were determined by pro rata allocation or any other method of
allocation which does not take account of the equitable considerations referred
to above. Notwithstanding the provisions of this paragraph (d), no person guilty
of fraudulent misrepresentation (within the meaning of Section 11(f) of the
Securities Act) shall be entitled to contribution from any person who is not
guilty of such fraudulent misrepresentation. For purposes of this Section 5,
each person who controls a Holder within the meaning of either the Securities
Act or the Exchange Act and each officer, director, employee, agent or
representative of such Holder shall have the same rights to contribution as such
Holder, and each person who controls the Company within the meaning of either
the Securities Act or the Exchange Act and each officer, director, employee,
agent or representative of the Company shall have the same rights to
contribution as the Company, subject in each case to the applicable terms and
conditions of this subsection (d).

         (e) The obligations of the Company and each Holder under this Section 5
shall survive the conversion or redemption, if any, of the Preferred Shares, the
completion of any offering of Registrable Securities pursuant to a Registration
Statement under this Agreement, or otherwise.

6. REPORTS.

         With a view to making available to each Holder the benefits of Rule 144
under the Securities Act ("Rule 144") and any other similar rule or regulation
of the Commission that may at any time permit such Holder to sell securities of
the Company to the public without registration, the Company agrees to:

         (a) make and keep public information available, as those terms are
understood and defined in Rule 144;

         (b) file with the Commission in a timely manner all reports and other
documents required of the Company under the Securities Act and the 1934 Act; and

                                      -5-
<PAGE>

         (c) furnish to such Holder, so long as such Holder owns any Registrable
Securities, forthwith upon request (i) a written statement by the Company, if
true, that it has complied with the reporting requirements of Rule 144, the
Securities Act and the 1934 Act, (ii) a copy of the most recent annual or
quarterly report of the Company and such other reports and documents so filed by
the Company, and (iii) such other information as may be reasonably requested in
availing such Holder of any rule or regulation of the Commission which permits
the selling of any such securities without registration.

7. MISCELLANEOUS.

         (a) Expenses of Registration. All expenses, other than underwriting
discounts and commissions and fees and expenses of counsel to each Holder,
incurred in connection with the registrations, filings or qualifications
described herein, including (without limitation) all registration, filing and
qualification fees, printers' and accounting fees and the fees and disbursements
of counsel for the Company shall be borne by the Company.

         (b) Amendment; Waiver. Any provision of this Agreement may be amended
only pursuant to a written instrument executed by the Company and Holders of at
least two thirds (2/3) of the Registrable Securities then issued or issuable.
Any waiver of the provisions of this Agreement may be made only pursuant to a
written instrument executed by the party against whom enforcement is sought. Any
amendment or waiver effected in accordance with this paragraph shall be binding
upon each Holder, each future Holder, and the Company. The failure of any party
to exercise any right or remedy under this Agreement or otherwise, or the delay
by any party in exercising such right or remedy, shall not operate as a waiver
thereof. Provided, however, that upon the issuance of additional shares of
Series A-1 Preferred Stock subsequent to the date hereof and in accordance with
the Securities Purchase Agreement, without any further consent or acknowledgment
of the Holders party hereto, the Company may add additional holders of Series
A-1 Preferred Stock to this Agreement from time to time. Any such additional
holders joining this Agreement shall execute a signature page to this Agreement,
which signature page shall be countersigned by the Company and the original
appended to this Agreement. A photocopy of such appended signature page shall be
sent to each prior Holder party to this Agreement as soon as practicable
following the Final Closing.

         (c) Notices. Any notice, demand or request required or permitted to be
given by any party to any other party pursuant to the terms of this Agreement
shall be in writing and shall be deemed given (i) when delivered personally or
by verifiable facsimile transmission (with an original to follow) on or before
5:00 p.m., central time, on a business day or, if such day is not a business
day, on the next succeeding business day, (ii) on the next business day after
timely delivery to a nationally-recognized overnight courier and (iii) on the
third business day after deposit in the U.S. mail (certified or registered mail,
return receipt requested, postage prepaid), addressed to the parties as follows:

                  If to the Company:

                  Toreador Resources Corporation
                  4809 Cole Avenue, Suite 108
                  Dallas, Texas 75205
                  Attn.: Chief Executive Officer
                  Fax: 214-559-3933

                                      -6-
<PAGE>

                  with a copy to:

                  Haynes and Boone, LLP
                  901 Main Street, Suite 3100
                  Dallas, Texas 75202
                  Attn.: Janice V. Sharry
                  Tel: 214-651-5562
                  Fax: 214-651-5940

and if to any Holder, to such address as shall be designated by such Holder in
writing to the Company.

         (d) Termination. This Agreement shall terminate on the earlier to occur
of (a) the end of the Registration Period and (b) the date on which all of the
Registrable Securities have been publicly distributed; but any such termination
shall be without prejudice to (i) the parties' rights and obligations arising
from breaches of this Agreement occurring prior to such termination and (ii) the
indemnification and contribution obligations under this Agreement.

         (e) Assignment. The rights of a Holder hereunder shall be assigned
automatically to any transferee of the Preferred Shares or Registrable
Securities from such Holder as long as: (i) the Company is, within a reasonable
period of time following such transfer, furnished with written notice of the
name and address of such transferee, (ii) the transferee agrees in writing with
the Company to be bound by all of the provisions hereof and (iii) such transfer
is made in accordance with the applicable requirements of the Securities
Purchase Agreement.

         (f) Counterparts. This Agreement may be executed in two or more
counterparts, each of which shall be deemed an original, and all of which
together shall be deemed one and the same instrument. This Agreement, once
executed by a party, may be delivered to any other party hereto by facsimile
transmission.

         (g) Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of Texas without regard to the conflict of
laws provisions thereof. Each party hereby irrevocably submits to the
non-exclusive jurisdiction of the state and federal courts sitting in the City
of Dallas, Dallas County, for the adjudication of any dispute hereunder or in
connection herewith or with any transaction contemplated hereby or discussed
herein, and hereby irrevocably waives, and agrees not to assert in any suit,
action or proceeding, any claim that it is not personally subject to the
jurisdiction of any such court, that such suit, action or proceeding is brought
in an inconvenient forum or that the venue of such suit, action or proceeding is
improper.

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<PAGE>

                 SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT

         IN WITNESS WHEREOF, the undersigned have executed this Agreement as of
the date indicated by their signature.

PURCHASER NAME:  H. R. Sanders, Jr.                  Dated: October 28, 2002
               ---------------------------                         ----

By: /s/ H. R. Sanders, Jr.
   ----------------------------------------------
   Name: H. R. Sanders, Jr.
   Title:
   Address: 390 CR 1526
            Morgan, TX 76671
   Facsimile: 254-622-2636

Accepted this 1st day of November, 2002.

TOREADOR RESOURCES CORPORATION

By: /s/ G. Thomas Graves III
   ----------------------------------------------
   Name:  G. Thomas Graves III
   Title: President and Chief Executive Officer

                                      -8-
<PAGE>

                 SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT

         IN WITNESS WHEREOF, the undersigned have executed this Agreement as of
the date indicated by their signature.

PURCHASER NAME:  John Mark McLaughlin                Dated: October 29, 2002
               ---------------------------                         ----

By: /s/ John Mark McLaughlin
   ----------------------------------------------
   Name: John Mark McLaughlin
   Title:
   Address: 2201 Sherwood Way #201
            San Angelo, Texas 76901
   Facsimile: 915-947-4859

Accepted this 1st day of November, 2002.

TOREADOR RESOURCES CORPORATION

By: /s/ G. Thomas Graves III
   ----------------------------------------------
   Name:  G. Thomas Graves III
   Title: President and Chief Executive Officer

                                      -9-
<PAGE>

                 SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT

         IN WITNESS WHEREOF, the undersigned have executed this Agreement as of
the date indicated by their signature.

PURCHASER NAME:  William I. Lee                      Dated: October 29, 2002
               ---------------------------                         ----

By: /s/ William I. Lee
   ----------------------------------------------
   Name: William I. Lee
   Title:
   Address: 4809 Cole Ave.
            Dallas, Texas 75205
   Facsimile:

Accepted this 1st day of November, 2002.

TOREADOR RESOURCES CORPORATION

By: /s/ G. Thomas Graves III
   ----------------------------------------------
   Name:  G. Thomas Graves III
   Title: President and Chief Executive Officer

                                      -10-
<PAGE>

                 SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT

         IN WITNESS WHEREOF, the undersigned have executed this Agreement as of
the date indicated by their signature.

PURCHASER NAME: Herbert and Paulyne Brewer 1992 Trust    Dated: October 25, 2002
               ---------------------------                             ----

By: /s/ Herbert L. Brewer
   ----------------------------------------------
   Name: Herbert L. Brewer
   Title: Trustee
   Address:

   Facsimile:

Accepted this 1st day of November, 2002.

TOREADOR RESOURCES CORPORATION

By: /s/ G. Thomas Graves III
   ----------------------------------------------
   Name:  G. Thomas Graves III
   Title: President and Chief Executive Officer

                                      -11-
<PAGE>

                 SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT

         IN WITNESS WHEREOF, the undersigned have executed this Agreement as of
the date indicated by their signature.

PURCHASER NAME:  Herbert L. Brewer                   Dated: October 25, 2002
               ---------------------------                         ----

By: /s/ Herbert L. Brewer
   ----------------------------------------------
   Name: Herbert L. Brewer
   Title:
   Address:

   Facsimile:

Accepted this 1st day of November, 2002.

TOREADOR RESOURCES CORPORATION

By: /s/ G. Thomas Graves III
   ----------------------------------------------
   Name:  G. Thomas Graves III
   Title: President and Chief Executive Officer

                                      -12-<PAGE>
                                                                   EXHIBIT 10.24

                          SECURITIES PURCHASE AGREEMENT

         SECURITIES PURCHASE AGREEMENT (this "Agreement") dated and accepted as
of the date set forth on the signature page hereof, by and among Toreador
Resources Corporation, a Delaware corporation (the "Company"), and each of the
persons listed on the Schedule of Purchasers attached hereto. Such entities or
persons (and any other persons who become a party to this Agreement subsequent
to the date of this Agreement pursuant to Section 1.1) are each referred to
herein as a "Purchaser" and, collectively, as the "Purchasers".

         The Company wishes to sell to each Purchaser, and each Purchaser wishes
to buy, on the terms and subject to the conditions set forth in this Agreement,
shares (the "Preferred Shares") of the Company's Series A-1 Convertible
Preferred Stock, par value $1.00 per share (the "Preferred Stock"). The
Preferred Shares are convertible pursuant to the terms of a Certificate of
Designation relating to the Preferred Stock, the form of which is attached
hereto as Exhibit A (the "Certificate of Designation") into shares (the
"Conversion Shares") of the Company's Common Stock, par value $0.15625 per share
(the "Common Stock"). Dividends on the Preferred Shares are payable, subject to
the terms and conditions of the Certificate of Designation, in cash. The
Preferred Shares and the Conversion Shares are collectively referred to herein
as the "Securities".

         The Company has agreed to take all reasonable action necessary to
affect the registration covering the resale of the Preferred Shares and the
Conversion Shares under the Securities Act of 1933, as amended (the "Securities
Act") pursuant to a Registration Rights Agreement of even date herewith by and
among the Company and the Purchasers (the "Registration Rights Agreement"). The
sale of the Preferred Shares by the Company to the Purchasers will be effected
in reliance upon the exemption from securities registration afforded by the
provisions of Regulation D ("Regulation D"), as promulgated by the Securities
and Exchange Commission (the "Commission") under the Securities Act.

         The Company and the Purchasers hereby agree as follows:

1. PURCHASE AND SALE OF PREFERRED SHARES.

         1.1 Agreement to Purchase and Sell. Upon the terms set forth herein,
the Company agrees to sell and each Purchaser agrees to purchase, the number of
Preferred Shares set forth below such Purchaser's name on the signature pages
hereof and at a purchase price equal to Twenty-Five Dollars ($25.00) times the
number of Preferred Shares purchased by such Purchaser (the "Purchase Price").
The Company may sell from time to time up to a maximum of $4,000,000 of
Preferred Shares, provided, however, that at least $925,000 of Preferred Shares
shall have been purchased as of the date of the first sale of Preferred Shares
pursuant to this Agreement. Notwithstanding any provision of this Agreement to
the contrary, the Company may from time to time after the date of this Agreement
sell, without any consent or acknowledgment of the Purchasers signatory hereto,
additional Preferred Shares (not to exceed the $4,000,000 limitation set forth
in the preceding sentence) pursuant to the terms of this Agreement or otherwise.
Such additional sales of Preferred Shares shall be accomplished through
execution by such Purchaser of a signature page to this Agreement and
countersignature thereof by the Company. Photocopies of such additional
signature pages shall be delivered to each other Purchaser as soon as
practicable following the last such sale (the "Final Closing"); it being
understood that the Final Closing shall occur on or prior to December 31, 2002.
Each closing of the purchase and sale of the Preferred Shares will be deemed to
occur when this Agreement and

                                       1
<PAGE>

the other Transaction Documents (as defined below) have been executed and
delivered by the Company and each Purchaser at such closing (which delivery may
be effected by facsimile transmission), and full payment of the Purchase Price
has been made by each such Purchaser by wire transfer or immediately available
funds against physical delivery by the Company of duly executed certificates
representing the Preferred Shares purchased by such Purchaser hereunder.

         1.2 Certain Definitions. When used herein, (A) "business day" shall
mean any day on which the New York Stock Exchange and commercial banks in the
city of New York are open for business, (B) an "affiliate" of a party shall mean
any person or entity controlling, controlled by or under common control with
that party and (C) "control" shall mean, with respect to an entity, the ability
to direct the business, operations or management of such entity, whether through
an equity interest therein or otherwise.

2. REPRESENTATIONS AND WARRANTIES OF THE PURCHASERS.

         Each Purchaser, solely with respect to him, her or it, hereby makes the
following representations and warranties to the Company and agrees with the
Company that, as of the date of this Agreement:

         2.1 Authorization; Enforceability. If an entity, such Purchaser is duly
and validly organized, validly existing and in good standing under the laws of
the jurisdiction of its incorporation or organization with full power and
authority to purchase the Preferred Shares and to execute and deliver this
Agreement. This Agreement and the Registration Rights Agreement have been duly
and validly authorized, executed and delivered by or on behalf of such
Purchaser. This Agreement constitutes such Purchaser's valid and legally binding
obligation, enforceable in accordance with its terms.

         2.2 Accredited Investor; Investment Intent. Such Purchaser is an
accredited investor as that term is defined in Rule 501(a) of Regulation D, and
is acquiring the Preferred Shares solely for his, her or its own account for
investment purposes as a principal and not with a present view to the public
resale or distribution of all or any part thereof, except pursuant to sales that
are exempt from the registration requirements of the Securities Act and/or sales
registered under the Securities Act; provided, however that in making such
representation, such Purchaser does not agree to hold the Securities for any
minimum or specific term and reserves the right to sell, transfer or otherwise
dispose of the Securities at any time in accordance with the provisions of this
Agreement and with Federal and state securities laws applicable to such sale,
transfer or disposition.

         2.3 Information. The Company has provided such Purchaser with
information regarding the business, operations and financial condition of the
Company, and has granted to such Purchaser the opportunity to ask questions of
and receive answers from representatives of the Company, its officers,
directors, employees and agents concerning the Company and materials relating to
the terms and conditions of the purchase and sale of the Preferred Shares
hereunder. Such Purchaser understands that his, her or its investment in the
Preferred Shares involves a high degree of risk. Such Purchaser has sought such
accounting, legal and tax advice as he, she or it has considered necessary to
make an informed investment decision with respect to his, her or its acquisition
of the Preferred Shares.

         2.4 Limitations on Disposition. Such Purchaser acknowledges that,
except as provided in the Registration Rights Agreement, the Securities have not
been and are not being

                                       2
<PAGE>

registered under the Securities Act and may not be transferred or resold without
registration under the Securities Act or unless pursuant to an exemption
therefrom.

         2.5 Legend. Such Purchaser understands that the certificates
representing the Securities will bear at issuance a restrictive legend in
substantially the following form:

                  "The securities represented by this certificate have not been
                  registered under the Securities Act of 1933, as amended (the
                  "Securities Act"), or the securities laws of any state, and
                  may not be offered or sold unless a registration statement
                  under the Securities Act and applicable state securities laws
                  shall have become effective with regard thereto, or an
                  exemption from registration under the Securities Act and
                  applicable state securities laws is available in connection
                  with such offer or sale. Such securities are issued subject to
                  the provisions of (i) the Certificate of Designation relating
                  to the Series A-1 Convertible Preferred Stock of Toreador
                  Resources Corporation (the "Company"), (ii) a Securities
                  Purchase Agreement by and among the Company and the Purchasers
                  signatory thereto (collectively, the "Purchasers") and (iii) a
                  Registration Rights Agreement by and among the Company and the
                  Purchasers."

         Notwithstanding the foregoing, it is agreed that, as long as (A) the
resale or transfer (including without limitation a pledge) of any of the
Securities is registered pursuant to an effective registration statement, (B)
such Securities can be sold pursuant to Rule 144 under the Securities Act ("Rule
144") and a registered broker dealer provides to the Company a customary
broker's Rule 144 letter and such Purchaser delivers to the Company a customary
seller's representation letter and a copy of any Form 144 which may have been
required to be filed by such Holder pursuant to Rule 144, or (C) such Securities
are eligible for resale under Rule 144(k), such Securities shall be issued
without any legend or other restrictive language and, with respect to Securities
upon which such legend is stamped, the Company shall issue new certificates
without such legend to the holder upon request.

         2.6 No Governmental Review. Such Purchaser understands that no United
States Federal or state agency or any other government or governmental agency
has passed on or made any recommendation or endorsement of the Securities or the
fairness or suitability of the investment in the Securities nor have such
authorities passed upon or endorsed the merits of the offering of the
Securities.

         2.7 Residency. Such Purchaser is a resident of that state or
jurisdiction specified on the Purchaser's signature page to this Agreement.

3. REPRESENTATIONS AND WARRANTIES OF THE COMPANY.

         The Company hereby makes the following representations and warranties
to each Purchaser and agrees with such Purchaser that, as of the date of this
Agreement:

         3.1 Organization, Good Standing and Qualification. Each of the Company
and its subsidiaries is duly organized, validly existing and in good standing
under the laws of the jurisdiction of its incorporation or organization and has
all requisite corporate power and authority to carry on its business as now
conducted. Each of the Company and its subsidiaries is duly qualified to
transact business and is in good standing in each jurisdiction in which the
failure so to qualify would have a material adverse effect on the consolidated
business or financial

                                       3
<PAGE>

condition of the Company and its subsidiaries taken as a whole. The term
"subsidiaries" shall mean entities in which the Company has an equity interest
of 50% or greater.

         3.2 Authorization; Consents. The Company has the requisite corporate
power and authority to enter into and perform its obligations under (i) this
Agreement, (ii) the Registration Rights Agreement and (iii) all other
agreements, documents, certificates or other instruments delivered by the
Company contemporaneously herewith (the instruments described in (i), (ii) and
(iii) being collectively referred to herein as the "Transaction Documents"), to
execute and perform its obligations under the Certificate of Designation, to
issue and sell the Preferred Shares to such Purchaser in accordance with the
terms hereof, and to issue the Conversion Shares upon conversion of the
Preferred Shares in accordance with the Certificate of Designation. All
corporate action on the part of the Company by its officers, directors and
stockholders necessary for (A) the authorization, execution and delivery of, and
the performance by the Company of its obligations under, the Transaction
Documents and (B) the authorization, execution and filing of, and the
performance by the Company of its obligations under, the Certificate of
Designation has been taken, and no further consent or authorization of the
Company, its Board of Directors, its stockholders, any governmental agency or
organization (other than such approval as may be required under the Securities
Act and applicable state securities laws in respect of the Registration Rights
Agreement), or any other person or entity is required (pursuant to any rule of
the National Association of Securities Dealers, Inc., other than with respect to
the listing of the Conversion Shares and/or the Preferred Shares on the Nasdaq
National Market System, or otherwise).

         3.3 Enforcement. The Transaction Documents and the Certificate of
Designation constitute valid and legally binding obligations of the Company,
enforceable in accordance with their respective terms, except as such
enforcement may be limited by (i) applicable bankruptcy, insolvency,
reorganization or other laws of general application relating to or affecting the
enforcement of creditors' rights generally, (ii) general principles of equity
and (iii) as to indemnification under the Securities Act or Exchange Act,
principles of public policy.

         3.4 Disclosure Documents; Agreements; Financial Statements; Other
Information. The Company has filed with the Commission: (i) the Company's Annual
Report on Form 10-K for the year ended December 31, 2001, (ii) Quarterly Reports
on Form 10-Q for the quarters ended March 31, 2002 and June 30, 2002, (iii) all
Current Reports on Form 8-K required to be filed with the Commission since
December 31, 2001 and (iv) the Company's definitive Proxy Statement for its 2002
Annual Meeting of Stockholders (collectively, the "Disclosure Documents"). Each
Disclosure Document, as of the date of the filing thereof with the Commission,
conformed in all material respects to the requirements of the Exchange Act, and
the rules and regulations thereunder and, as of the date of such filing, such
Disclosure Document did not contain an untrue statement of material fact or omit
to state a material fact required to be stated therein or necessary to make the
statements therein, in light of the circumstances under which they were made,
not misleading. As of their respective dates, the financial statements of the
Company included in the Disclosure Documents complied as to form in all material
respects with applicable accounting requirements and the published rules and
regulations of the Commission with respect thereto. Such financial statements
have been prepared in accordance with generally accepted accounting principles
consistently applied at the times and during the periods involved (except (i) as
may be otherwise indicated in such financial statements or the notes thereto, or
(ii) in the case of unaudited interim statements, to the extent they may exclude
footnotes or may be condensed or summary statements) and fairly present in all
material respects the financial position of the Company as of the dates thereof
and the results of its operations and cash flows for the periods then ended
(subject, in the case of unaudited statements, to normal year-end adjustments).

                                       4
<PAGE>

         3.5 Valid Issuance. The Preferred Shares are duly authorized and, when
issued, sold and delivered in accordance with the terms hereof, (i) will be duly
and validly issued, fully paid and nonassessable, free and clear of any taxes,
liens, claims, preemptive or similar rights or encumbrances imposed by or
through the Company, (ii) based in part upon the representations of such
Purchaser in this Agreement, will be issued, sold and delivered in compliance
with all applicable Federal and state securities laws and (iii) will be entitled
to all of the rights, preferences and privileges set forth in the Certificate of
Designation. The Conversion Shares are duly authorized and reserved for issuance
and, when issued upon conversion of the Preferred Shares in accordance with the
terms of the Certificate of Designation, will be duly and validly issued, fully
paid and nonassessable, free and clear of any taxes, liens, claims, preemptive
or similar rights or encumbrances imposed by or through the Company.

         3.6 No Conflict with Other Instruments. Neither the Company nor any of
its subsidiaries is in violation of any provisions of its charter, bylaws or any
other governing document as amended and in effect on and as of the date hereof
or in default (and no event has occurred which, with notice or lapse of time or
both, would constitute a default) under any provision of any instrument or
contract to which it is a party or by which it is bound, or of any provision of
any Federal or state judgment, writ, decree, order, statute, rule or
governmental regulation applicable to the Company, which would have a material
adverse effect on the consolidated business or financial condition of the
Company and its subsidiaries taken as a whole. The (i) execution, delivery and
performance of this Agreement and the other Transaction Documents, (ii)
execution and filing of the Certificate of Designation, and (iii) consummation
of the transactions contemplated hereby and thereby (including without
limitation, the issuance of the Preferred Shares, and the reservation for
issuance and issuance of the Conversion Shares) will not result in any such
violation or be in conflict with or constitute, with or without the passage of
time and giving of notice, either a default under any such provision, instrument
or contract or an event which results in the creation of any lien, charge or
encumbrance upon any assets of the Company or of any of its subsidiaries, which
violation, conflict, default, lien, charge or encumbrance would have a material
adverse affect on the consolidated business or financial condition of the
Company and its subsidiaries taken as a whole, or the triggering of any
preemptive or anti-dilution rights or rights of first refusal or first offer on
the part of holders of the Company's securities.

4. COVENANTS OF THE COMPANY.

         4.1 Corporate Existence. The Company shall, so long as any Purchaser or
any affiliate of such Purchaser beneficially owns any Securities, maintain its
corporate existence in good standing and shall pay all taxes owed by it when due
except for taxes which the Company reasonably disputes or as to which the
failure to pay could not reasonably be expected to have a material adverse
effect on the consolidated business or financial condition of the Company and
its subsidiaries taken as a whole.

         4.2 Provision of Information. Upon written request, the Company shall
provide each Purchaser with copies of its annual reports on Form 10-K, quarterly
reports on Form 10-Q, current reports on Form 8-K and proxy statements and other
materials sent to stockholders, in each such case promptly after the filing
thereof with the Commission, until the conversion or redemption of all of the
Preferred Shares held by such Purchaser.

         4.3 Form D; Blue-Sky Qualification. The Company agrees to file a Form D
with respect to the Securities as required under Regulation D. The Company
shall, on or before the

                                       5
<PAGE>

Closing, take such action as is necessary to qualify the Preferred Shares for
sale under applicable state or "blue-sky" laws or obtain an exemption therefrom.

         4.4 Reporting Status. As long as any Purchaser or any affiliate of such
Purchaser beneficially owns any Securities and until the date on which any of
the foregoing may be sold to the public pursuant to Rule 144(k) (or any
successor rule or regulation), (i) the Company shall timely file with the
Commission all reports required to be so filed pursuant to the Exchange Act and
(ii) the Company shall not terminate its status as an issuer required by the
Exchange Act to file reports thereunder even if the Exchange Act or the rules or
regulations thereunder would permit such termination.

         4.5 Reservation of Common Stock. The Company shall at all times have
authorized and reserved for issuance, free from any preemptive rights, solely
for the purpose of effecting conversions of the Preferred Shares hereunder, such
number of its shares of Common Stock as shall from time to time be sufficient to
effect the conversion of all of the Preferred Shares in full.

         4.6 Use of Proceeds. The Company shall use the proceeds from the sale
of the Preferred Shares for general corporate purposes only, in the ordinary
course of its business and consistent with past practice and shall not use such
proceeds to make a loan to any employee, officer or director of the Company or
to repurchase or pay a dividend on shares of Common Stock.

         4.7 Quotation on Nasdaq. The Company shall (i) promptly following the
Final Closing, take such action as may be necessary to include the Conversion
Shares on the Nasdaq National Market System, and (ii) use its best efforts to
maintain the designation and quotation, or listing, of the Common Stock on the
Nasdaq National Market System, the Nasdaq Small Cap Market, the New York Stock
Exchange or the American Stock Exchange. The Company shall also
contemporaneously with the qualification, designation and listing of the
Conversion Shares seek to have the Preferred Shares listed on the Nasdaq
National Market System, subject to the Preferred Shares meeting the listing
requirements of the Nasdaq National Market System. If such Preferred Shares are
listed, the Company shall use its best efforts to maintain the designation and
quotation so long as the Preferred Shares are determined to meet any such
quotation or listing requirements.

5. MISCELLANEOUS.

         5.1 Survival; Severability. The representations, warranties, covenants
and indemnities made by the parties herein shall survive the closing of this
Agreement notwithstanding any due diligence investigation made by or on behalf
of the party seeking to rely thereon, provided that the representations and
warranties contained herein shall survive for two (2) years following the date
of this Agreement. In the event that any provision of this Agreement becomes or
is declared by a court of competent jurisdiction to be illegal, unenforceable or
void, this Agreement shall continue in full force and effect without said
provision; provided that in such case the parties shall negotiate in good faith
to replace such provision with a new provision which is not illegal,
unenforceable or void, as long as such new provision does not materially change
the economic benefits of this Agreement to the parties.

         5.2 Successors and Assigns. The terms and conditions of this Agreement
shall inure to the benefit of and be binding upon the respective successors and
permitted assigns of the parties. Nothing in this Agreement, express or implied,
is intended to confer upon any party other than the parties hereto or their
respective successors and permitted assigns any rights, remedies,

                                       6
<PAGE>

obligations or liabilities under or by reason of this Agreement, except as
expressly provided in this Agreement. The Purchaser may assign its rights and
obligations hereunder, in connection with any private sale or transfer of the
Preferred Shares in accordance with the terms hereof, as long as, as a condition
precedent to such transfer, the transferee executes an acknowledgment agreeing
to be bound by the applicable provisions of this Agreement, in which case the
term "Purchaser" shall be deemed to refer to such transferee as though such
transferee were an original signatory hereto. The Company may not assign it
rights or obligations under this Agreement.

         5.3 Independent Nature of Purchasers' Obligations and Rights. The
obligations of each Purchaser hereunder are several and not joint with the
obligations of the other Purchasers hereunder, and no Purchaser shall be
responsible in any way for the performance of the obligations of any other
Purchaser hereunder. Nothing contained herein or in any other agreement or
document delivered herewith, and no action taken by any Purchaser pursuant
hereto or thereto, shall be deemed to constitute the Purchasers as a
partnership, an association, a joint venture or any other kind of entity, or
create a presumption that the Purchasers are in any way acting in concert with
respect to such obligations or the transactions contemplated by this Agreement.
Each Purchaser shall be entitled to protect and enforce its rights, including
without limitation the rights arising out of the Certificate of Designation,
this Agreement or the other Transaction Documents, and it shall not be necessary
for any other Purchaser to be joined as an additional party in any proceeding
for such purpose.

         5.4 No Reliance; Representations by Purchasers. Each party acknowledges
that (i) it has such knowledge in business and financial matters as to be fully
capable of evaluating this Agreement, the other Transaction Documents and the
transactions contemplated hereby and thereby, (ii) it is not relying on any
advice or representation of the other party in connection with entering into
this Agreement, the other Transaction Documents or such transactions (other than
the representations made in this Agreement or the other Transaction Documents),
(iii) it has not received from such party any assurance or guarantee as to the
merits (whether legal, regulatory, tax, financial or otherwise) of entering into
this Agreement or the other Transaction Documents or the performance of its
obligations hereunder and thereunder, and (iv) it has consulted with its own
legal, regulatory, tax, business, investment, financial and accounting advisors
to the extent that it has deemed necessary, and has entered into this Agreement
and the other Transaction Documents based on its own independent judgment and on
the advice of its advisors as it has deemed necessary, and not on any view
(whether written or oral) expressed by such party.

         5.5 Injunctive Relief. The Company acknowledges that a breach by it of
its obligations hereunder will cause irreparable harm to each Purchaser and that
the remedy or remedies at law for any such breach will be inadequate and agrees,
in the event of any such breach, in addition to all other available remedies, to
an injunction restraining any breach and requiring immediate and specific
performance of such obligations without the necessity of showing economic loss.

         5.6 Governing Law; Jurisdiction. This Agreement shall be governed by
and construed under the laws of the State of Texas without regard to the
conflict of laws provisions thereof. Each party hereby irrevocably submits to
the non-exclusive jurisdiction of the state and Federal courts sitting in the
City of Dallas, Dallas County, for the adjudication of any dispute hereunder or
in connection herewith or with any transaction contemplated hereby or discussed
herein, and hereby irrevocably waives, and agrees not to assert in any suit,
action or proceeding, any claim that it is not personally subject to the
jurisdiction of any such court, that such suit, action or proceeding is brought
in an inconvenient forum or that the venue of such suit, action or proceeding is
improper.

                                       7
<PAGE>

         5.7 Counterparts. This Agreement may be executed in any number of
counterparts, each of which shall be deemed an original, and all of which
together shall constitute one and the same instrument.

         5.8 Headings. The headings used in this Agreement are used for
convenience only and are not to be considered in construing or interpreting this
Agreement.

         5.9 Notices. Any notice, demand or request required or permitted to be
given by any party to any other party pursuant to the terms of this Agreement
shall be in writing and shall be deemed given (i) when delivered personally or
by verifiable facsimile transmission (with an original to follow) on or before
5:00 p.m., central time, on a business day or, if such day is not a business
day, on the next succeeding business day, (ii) on the next business day after
timely delivery to a nationally-recognized overnight courier and (iii) on the
third business day after deposit in the U.S. mail (certified or registered mail,
return receipt requested, postage prepaid), addressed to the parties as follows:

                  If to the Company:

                  Toreador Resources Corporation
                  4809 Cole Avenue, Suite 108
                  Dallas, Texas 75205
                  Attn.: Chief Executive Officer
                  Fax:   214-559-3933

                  with a copy to:

                  Haynes and Boone, LLP
                  901 Main Street, Suite 3100
                  Dallas, Texas 75202
                  Attn: Janice V. Sharry
                  Tel:  214-651-5562
                  Fax:  214-651-5940

and if to any Purchaser, to such address for such Purchaser as shall appear on
the signature page hereof executed by such Purchaser, or as shall be designated
by such Purchaser in writing to the Company.

         5.10 Expenses. The Company and each Purchaser shall pay all costs and
expenses that it incurs in connection with the negotiation, execution, delivery
and performance of this Agreement.

         5.11 Entire Agreement; Amendments. This Agreement and the other
Transaction Documents constitute the entire agreement between the parties with
regard to the subject matter hereof and thereof, superseding all prior
agreements or understandings, whether written or oral, between or among the
parties. Except as expressly provided herein, neither this Agreement nor any
term hereof may be amended except pursuant to a written instrument executed by
the Company and the holders of at least two-thirds (2/3) of the Preferred Shares
then outstanding, and no provision hereof may be waived other than by a written
instrument signed by the party against whom enforcement of any such waiver is
sought.

                                       8
<PAGE>

SIGNATURE PAGE TO SECURITIES PURCHASE AGREEMENT

         IN WITNESS WHEREOF, the undersigned have executed this Agreement.

PURCHASER NAME: Herbert L. Brewer
               -----------------------------

By:  /s/ Herbert L. Brewer                       Dated October 25, 2002
   ------------------------------------                        ---
   Name: Herbert L. Brewer
   Title:

ADDRESS:

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

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

   Tel:
       --------------------------------

   Fax:
       --------------------------------

Dollar Amount of Series A-1 Preferred Stock to be Purchased: $250,000
                                                              -----------

Accepted this 1st day of November, 2002.

TOREADOR RESOURCES CORPORATION

By: /s/ G. Thomas Graves III
   --------------------------------------------
   Name:  G. Thomas Graves III
   Title: President and Chief Executive Officer

                                       9
<PAGE>

SIGNATURE PAGE TO SECURITIES PURCHASE AGREEMENT

         IN WITNESS WHEREOF, the undersigned have executed this Agreement.

PURCHASER NAME: Herbert and Paulyne Brewer 1992 Trust
               ---------------------------------------

By:  /s/ Herbert L. Brewer                       Dated October 25, 2002
   ------------------------------------                        ---
   Name: Herbert L. Brewer
   Title: Trustee

ADDRESS:

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

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

   Tel:
       --------------------------------

   Fax:
       --------------------------------

Dollar Amount of Series A-1 Preferred Stock to be Purchased: $250,000
                                                              -----------

Accepted this 1st day of November, 2002.

TOREADOR RESOURCES CORPORATION

By: /s/ G. Thomas Graves III
   --------------------------------------------
   Name:  G. Thomas Graves III
   Title: President and Chief Executive Officer

                                       10
<PAGE>

SIGNATURE PAGE TO SECURITIES PURCHASE AGREEMENT

         IN WITNESS WHEREOF, the undersigned have executed this Agreement.

PURCHASER NAME: William I. Lee
               -----------------------------

By:  /s/ William I. Lee                          Dated October 29, 2002
   ------------------------------------                        ---
   Name: William I. Lee
   Title:

ADDRESS:

   4809 Cole Ave
   ------------------------------------
   Dallas, Texas 75205
   ------------------------------------

   Tel:
       --------------------------------

   Fax:
       --------------------------------

Dollar Amount of Series A-1 Preferred Stock to be Purchased: $250,000
                                                              -----------

Accepted this 1st day of November, 2002.

TOREADOR RESOURCES CORPORATION

By: /s/ G. Thomas Graves III
   --------------------------------------------
   Name:  G. Thomas Graves III
   Title: President and Chief Executive Officer

                                       11
<PAGE>

SIGNATURE PAGE TO SECURITIES PURCHASE AGREEMENT

         IN WITNESS WHEREOF, the undersigned have executed this Agreement.

PURCHASER NAME: John Mark McLaughlin
               -----------------------------

By:  /s/ John Mark McLaughlin                    Dated October 29, 2002
   ------------------------------------                        ---
   Name: John Mark McLaughlin
   Title:

ADDRESS:
   2201 Sherwood Way, #201
   ------------------------------------
   San Angelo, Texas 76901
   ------------------------------------

   Tel: 915-942-0401
       --------------------------------

   Fax: 915-947-4859
       --------------------------------

Dollar Amount of Series A-1 Preferred Stock to be Purchased: $150,000
                                                              -----------

Accepted this 1st day of November, 2002.

TOREADOR RESOURCES CORPORATION

By: /s/ G. Thomas Graves III
   --------------------------------------------
   Name:  G. Thomas Graves III
   Title: President and Chief Executive Officer

                                       12
<PAGE>

SIGNATURE PAGE TO SECURITIES PURCHASE AGREEMENT

         IN WITNESS WHEREOF, the undersigned have executed this Agreement.

PURCHASER NAME: H. R. Sanders, Jr.
               -----------------------------

By:  /s/ H. R. Sanders, Jr.                      Dated October 28, 2002
   ------------------------------------                        ---
   Name: H. R. Sanders, Jr.
   Title:

ADDRESS:

   390 CR 1526
   ------------------------------------
   Morgan, Texas 76871
   ------------------------------------

   Tel: (254) 622-3132
       --------------------------------

   Fax: (254) 622-2636
       --------------------------------

Dollar Amount of Series A-1 Preferred Stock to be Purchased: $25,000
                                                              ----------

Accepted this 1st day of November, 2002.

TOREADOR RESOURCES CORPORATION

By: /s/ G. Thomas Graves III
   --------------------------------------------
   Name:  G. Thomas Graves III
   Title: President and Chief Executive Officer

                                       13
<PAGE>

                             SCHEDULE OF PURCHASERS

<Table>
<Caption>
                                                                                        PURCHASE PRICE OF
            PURCHASER NAME                             ADDRESS                      SERIES A-1 PREFERRED STOCK
            --------------                             -------                      --------------------------
<S>                                                    <C>                          <C>
Herbert L. Brewer                                      2 Cedro Place                $250,000
                                                       Dallas, TX 75230

Herbert and Paulyne Brewer                             2 Cedro Place                $250,000
1992 Trust                                             Dallas, TX 75230

William L. Lee                                         4809 Cole Ave.               $250,000
                                                       Dallas, TX 75205

John Mark McLaughlin                                   2201 Sherwood Way            $150,000
                                                       #201
                                                       San Angelo, TX 76901

H.R. Sanders, Jr.                                      390 CR 1526                  $ 25,000
                                                       Morgan, TX 76671

</Table>

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