Document:

Exhibit 10.10

  JILIN YICAOTANG PHARMACEUTICAL CO., LTD. EQUITY AND CLAIM TRANSFER AGREEMENT

Party A (Transferor): Jilin Tian Yao Science and Technology Limited Company

Legal Representative: Ms. Lianqin Qu

Business Address: 509 Maoxiang Street,  High-Tech  Development Area,  Changchun,
Jilin, China.

Party B (Transferee): Mr. Daojun Wang

National ID: 220225196010230114

Where as:

     1.   Party A is a corporation  registered with Commerce and Industry Bureau
          of Jilin.

     2.   Party B is a Chinese resident with civil capacity.

     3.   Jilin  Yicaotang  Pharmaceutical  Co.,  Ltd.  ("YCT") has a registered
          capital of 10,000,000 RMB, Party A has 95% of equity interest.

     4.   As of January 21, 2007, YCT's has total asset of 23,840,000 RMB, total
          liability of 15,930,000  RMB, net asset  7,910,000  RMB,  Party A owns
          7,520,000  RMB of YCT's  shareholder's  equity.  Party A is also YCT's
          creditor of 9,780,000 RMB debt (including  925,500 RMB debts which the
          creditor is Jilin Bencaotang  Pharmaceutical Co., Ltd ("BCT"), Party A
          holds 75% of equity interest of BCT).

Based on the above, after negotiation, both Parties have made the following
agreement on the sale of Party A's shares and claims of YCT to Party B:

     1.   Party A will transfer  9,500,000  shares  (represent  95% of the total
          outstanding  shares of YCT) and  9,780,000  RMB claims to Party B. The
<PAGE>
          consideration is 9,000,000 RMB (including the shares and claims).

     2.   Payment schedule (Party B is to pay the amount shown on the due date):

                    Due Date                           Amount Due (in RMB)
                    --------                           -------------------
          3 days after signing this agreement                500,000
          May 30, 2007                                       500,000
          November 30, 2007                                1,000,000
          May 30, 2008                                     1,000,000
          November 30, 2008                                1,000,000
          May 30, 2009                                     1,000,000
          November 30, 2009                                1,000,000
          May 30, 2010                                     1,000,000
          November 30, 2010                                1,000,000
          May 30, 2011                                     1,000,000

          Party B may make payment before the due date.

     3.   Party A will  assist  the share  transfer  and  update  YCT's  Company
          By-Laws  and the  shareholders  list  within  one month when the first
          payment of 500,000 RMB is made.  Party B is  responsible  for the fees
          for transferring of the shares.

     4.   After the shares are  transferred to Party B, these shares  (9,500,000
          shares)  will be used as  collateral  for  the  remaining  payment  of

                                       2
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          8,500,000  RMB.  Party B is not  allowed to  transfer  or dispose  any
          shares before the payment is made in full.

     5.   After  the  shares  are  transferred  to  Party  B,  Party  B will  be
          responsible for all the liabilities and claims of YCT.

     6.   If Party B is unable to make a payment  on the due date,  Party A will
          charge  Party B 0.5%  interest on the balance  past due. If Party B is
          unable to make a payment  and  interested  (if any) within 6 months of
          the due date, Party A is entitled to receive the unpaid shares and the
          management  of YCT. If Party B is unable to make a payment and Party A
          claims the unpaid  shares,  the net asset per share at the time of the
          claim should not be less than the net asset per share at the time when
          Party A  transfers  the  shares  to  Party  B  (Party  B will  pay the
          difference  if that is the  case).  When  Party A  claims  the  unpaid
          shares,  Party A is also  entitled to part of the claims of YCT, up to
          the  percent  of the  shares it holds.  When Party A claims the unpaid
          shares, the interest charges (if there is any) is also due.

     7.   Before Party B made full payment to Party A, if either party  violated
          any part of this  agreement,  the party which  violated the  agreement
          should compensate the other party for the loss.

     8.   Both  Parties  may  negotiate  additional  agreement,  the  additional
          agreement has the same legal status as this agreement.

     9.   This agreement has three copies,  each party holds one copy, YCT holds
          one copy.  10. This agreement is effective once signed by both parties
          and stamped by Party A.

Party A (Transferor): Jilin Tian Yao Science and Technology Limited Company

Legal Representative: Lianqin Qu (Signature) /s/ Lianqin Qu
                                            --------------------------

Party B: Daojun Wang

Signature: /s/ Daojun Wang
          --------------------------

Date: May 11, 2007

                                       3Exhibit 10.11

                             STOCK PLEDGE AGREEMENT

Pledger: Mr. Daojun Wang
Pledgee: Jilin Tian Yao Science and Technology Limited Company

Where as Pledger and Pledgee have entered an Equity and Claim Transfer Agreement
on  May  11,  2007,  in the  agreement,  Pledger  agrees  to  pledge  95% of the
outstanding shares of Jilin Yicaotang Pharmaceutical Co., Ltd. ("YCT") after the
shares are  transferred  to Pledger,  to ensure Pledger make payments to Pledgee
according to the  schedule  listed in the Equity and Claim  Transfer  Agreement.
This Stock Pledge Agreement is irrevocable,  and is part of the Equity and Claim
Transfer Agreement.

1. Collateral

     i)   The  collateral  consists of the shares of YCT and any equity  derived
          from the shares.

     ii)  The collateral is pledged to secure a payment of 8,500,000 RMB.

2. Claims

     i)   Pledgee is entitled to a claim of 8,500,000 RMB over pledger  pursuant
          to the Equity and Claim Transfer Agreement.

     ii)  The claims of 8,500,000  RMB will be paid to Pledgee  according to the
          schedule listed in the Equity and Claim Transfer Agreement.

     iii) Pledger has made the following  declaration:  1. Pledger's decision to
          pledge the shares is made by him, and is his true intention. 2. Before
          this Stock  Pledge  Agreement  is signed,  Pledger has not pledged the
          shares of YCT to a party other than  Pledgee,  and before  Pledger has
          made full  payment to Pledgee  according to the schedule in the Equity
          and Claims Transfer  Agreement,  Pledger will not pledge the shares of
          YCT to any party other than Pledgee.

     iv)  Pledger agrees to not sign any agreements with a third party which the
          agreement  may harm the  execution  of the Equity and Claims  Transfer
          Agreement.

     v)   If the Equity and Claims  Transfer  Agreement is modified,  this Stock
          Pledge Agreement will be updated accordingly.

     vi)  If this Stock  Pledge  Agreement  is caused to be modified or altered,
          Pledger  agrees to not reduce the  responsibilities  the  Pledger  has
          before the Agreement is modified or altered.

     vii) After this Stock Pledge Agreement is signed, Pledger is responsible to
          assist the pledge registration.

3. Defaults

     When any one of the following happens, Pledgee has the right to dispose the
     collateral and any equities it derived, the income will be used towards the
     payment to Pledgee according to the Equity and Claims Transfer Agreement.

     i)   Pledger has made false  statement  in this Stock  Pledge  Agreement or
          failed to execute this Stock Pledge Agreement.

     ii)  Pledger  failed to make payment  according to the payment  schedule in
          the Equity and Claim Transfer Agreement.
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     iii) Pledger  failed to comply  with this  Stock  Pledge  Agreement  or the
          Equity  and  Claim  Transfer   Agreement.   Pledgee's  rights  on  the
          collateral includes (but not limited to) the following:  1. Claims the
          title of the  collateral,  thus  replace  the  shareholder  status  of
          Pledger at YCT. 2.  Dispose the  collateral  through  transfer,  sale,
          auction sell or other methods, Pledger has no rights to interfere.

4. Validity

     i)   This Stock Pledge  Agreement is effective once the Pledger has signed.
          ii) This Stock Pledge Agreement is valid until the Pledger has paid in
          full to the Pledgee.

Pledgee: Jilin Tian Yao Science and Technology Limited Company
Address: 509 Maoxiang Street, High-Tech Development Area, Changchun, Jilin,
         China

Signature: /s/ Lianqin Qu
          -------------------------------------
Name: Lianqin Qu, President

Pledger: Daojun Wang

Signature: /s/ Daojun Wang
          -------------------------------------

Date: May 11, 2007

                                       2OIL AND GAS

                            ASSET PURCHASE AGREEMENT

                              East & West Moreland

                                     between

                              NITRO PETROLEUM, INC.

                                       and

                                   HOCO, INC.
                             WISE OIL & GAS, LLC and
                                   LMH ENERGY

                                       and

                            ASSET PURCHASE AGREEMENT

                                     Farley

                                     between

                              NITRO PETROLEUM, INC

                                       and

                               Wise Oil & Gas, LLC
                                  Vern Dunn and
                                   Erin Joyce

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                                TABLE OF CONTENTS

                                                                          Page

1. Sale Agreement.........................................................  1

2. Purchase Price.......................................................... 2
         2.1 Payment at Closing............................................ 2
         2.2 Allocation.................................................... 2
3. Representations and Warranties.......................................... 2
            3.1 Organization, Good Standing, Etc........................... 2
         3.2 Authority..................................................... 3
         3.3 Contracts..................................................... 3
         3.4 Litigation.................................................... 3
         3.5 Broker's or Finder's Fees..................................... 3
         3.6 Taxes......................................................... 3
         3.7 Contracts, Consents and Preferential Rights................... 3
         3.8 Insurance..................................................... 4
         3.9 Powers of Attorney............................................ 4
         3.10 Equipment.................................................... 4
         3.11 Affiliate Transactions....................................... 4
         3.12 Intangible Property.......................................... 4

4. Purchaser's Representations and Warranties.............................. 4
4.1 Organization, Good Standing, Etc....................................... 4
4.2 Authority.............................................................. 4
4.3 Permits................................................................ 4

5. Covenants............................................................... 5
         5.1 Access to Information......................................... 5
         5.2 Inspection.................................................... 5
         5.3 Title Adjustments............................................. 5
         5.4 Conduct of Businesses......................................... 5
         5.5 Consents...................................................... 5
         5.6 Conditions.................................................... 6

6. Purchaser's Conditions Precedent........................................ 6

7. Sellers' Conditions Precedent........................................... 6

8. The Closing............................................................. 7
         8.1 Purchaser's Deliveries........................................ 7
                      8.1.1 Payment........................................ 7
                      8.1.2 Closing Memorandum............................. 7
                      8.1.3 Additional Documents........................... 7
         8.2 Sellers' Deliveries........................................... 7
                      8.2.1 Assignments.................................... 7
                      8.2.2 Closing Memorandum............................. 7
                      8.2.3 Additional Documents........................... 7
         8.3 Costs......................................................... 8

9. Adjustments............................................................. 8

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10. Termination............................................................ 8

11. Default................................................................ 8

12. Miscellaneous.......................................................... 8
         12.1 Notices...................................................... 8
         12.2 Representations and Warranties............................... 9
         12.3 Cooperation.................................................. 9
         12.4 Press Release................................................ 9
         12.5 Choice of Law................................................ 10
         12.6 Headings..................................................... 10
         12.7 Entire Agreement............................................. 10
         12.8 Assignment................................................... 10
         12.9  Amendment................................................... 10
         12.10 Severability................................................ 10
         12.11 Attorney Fees............................................... 10
         12.12 Waiver...................................................... 10
         12.13 No Third Party Beneficiaries................................ 10
         12.14 Execution in Counterparts................................... 11

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Schedule "1.1"             Lands, Properties, and Interests
Schedule "2.1"             Allocation of Purchase Price
Schedule "3.3"             Contracts and Agreements in Default
Schedule "3.4"             Litigation
Schedule "3.7"             Contracts, Consents, and Preferential Rights
Schedule "3.11"            Affiliated Transactions
Schedule "8.2.1"           Assignment, Bill of Sale and Conveyance

<page>

                  OIL AND GAS ASSET PURCHASE AND SALE AGREEMENT

         THIS AGREEMENT is entered into the 18th day of December, 2006 effective
the  18th  day of  December,  2006,  between  Nitro  Petroleum,  Inc.  a  Nevada
corporation (the "Purchaser"), and HOCO, Inc., an Oklahoma Corporation, Wise Oil
& Gas LLC, an Oklahoma limited  liability  company,  and LMH Energy, an Oklahoma
general partnership, Erin Joyce, and Vern Dunn (the "Sellers").

                              B A C K G R O U N D :

A. The Sellers own various interests (the "Interests") in oil and gas properties
located in Nowata County, Oklahoma including,  without implied limitation, those
listed at Schedule "1.1" attached hereto as a part hereof.

B. The Purchaser  desires to acquire and the Sellers  desire to sell one hundred
percent (100%) of the Interests together with all assets, rights, properties and
claims which are used in or related to the ownership,  operation, or maintenance
of the Interests (the "Properties") as provided in this Agreement.

NOW, THEREFORE, in consideration of the mutual covenants herein contained and
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties agree as follows:

1. Sale Agreement.  Subject to the terms and conditions of this  Agreement,  the
Purchaser agrees to purchase and the Sellers agree to sell absolute ownership of
one hundred percent (100%) of all of the Sellers' right,  title, and interest in
the  Properties  effective  at  7:00  a.m.  as  of  the  Closing  date  of  this
transaction,  (the "Effective Date"),  free and clear of all liens,  claims, and
encumbrances.  The Properties include, without limitation, a one hundred percent
(100%) interest in the following:

1.1  All of Sellers' undivided right, title, and interest in, to and under the
     leases, overriding royalty interests, fee mineral interests, mineral
     rights, fee royalty interests, carried interests, net revenue interests,
     net profits interests, licenses, production payments, permits, and other
     interests and agreements relating to the lands described in Schedule "1.1"
     whether developed or undeveloped (the "Lands") together with all other
     interests of Sellers in and to the Lands and the wells located thereon
     including, without limitation, the Interests described at Schedule "1.1."
     It is the intent of the Sellers to sell and transfer to the Purchaser all
     of Sellers' right title and interest in the lands described on Schedule
     1.1, whether correctly described therein, or not.

1.2  All of Sellers' undivided right, title and interest in all Hydrocarbons
     produced from or allocated to the Properties and sold after the Effective
     Date. The term "Hydrocarbons" means and includes oil, gas, casinghead gas,
     condensate, natural gas liquids, and all components of the foregoing.

<page>

1.3  All of Sellers' undivided interest in and to all documents, agreements, and
     contracts relating to the Properties or Lands including, without
     limitation, leases, operating agreements, gas balancing agreements, oil,
     gas and condensate purchase and sale agreements, processing, gathering,
     compression and transportation agreements, joint venture agreements,
     farmout agreements, farmin agreements, dry hole agreements, bottom hole
     agreements, acreage contribution agreements, area of mutual interest
     agreements, easements, permits, salt water disposal agreements, surface
     agreements, unitization or pooling agreements, warranties, covenants,
     indemnities, and representations from third parties.

1.4  All of Sellers' interest in and to all real, personal and mixed, movable,
     immovable, tangible and intangible property, and all other fixtures and
     improvements appurtenant to or used in connection with the Interests or
     Lands, including, without implied limitation, all wells, fixtures,
     equipment, gathering systems, processing plants, pipelines, claims, rights,
     and causes of action against third parties whether asserted and unasserted
     or known and unknown.

1.5  All of Sellers' interest and estate in and to or derived under any oil,
     gas, and mineral unitization, pooling and communitization agreements,
     declarations or orders relating to the Interests or Lands, and the units,
     pools, or communitized areas, if any, created thereby (including, without
     limitation, all units, pools, or communitized areas formed under orders,
     regulations, rules, or other official acts of any federal, state, or other
     governmental agency having or asserting jurisdiction) and all interests in
     any wells within the units, pools, or communitized areas associated with
     the Interests or Lands.

1.6  All of Sellers' interests in all permits, franchises, easements,
     rights-of-way, contract rights, intangible rights, inchoate rights, choses
     in action, rights under warranties made by prior owners of the Interests or
     Lands, and other third parties, rights accruing under applicable statutes
     of limitation or prescription and other rights, estates and hereditaments
     incident or relating to the Interests or Lands, or any of the foregoing
     items set forth in this description of the Properties.

2. Purchase Price. Subject to the adjustments and prorations hereafter
described, the total purchase price to be paid by the Purchaser to the Sellers
for the purchase of the Properties (the "Purchase Price") shall include: (a) the
cash payment of Two Hundred Fifty Thousand Dollars and NO/100 ($250,000.00); and
as determined and valued as of the Closing date of this transaction. The
Purchase Price will be paid as follows:

<page>

2.1  Payment at Closing. On the Closing Date (as hereafter defined), the
     Purchaser will pay to the Sellers the Purchase Price as adjusted under
     paragraphs 5.3 and 9 of this Agreement in immediately available funds. The
     Purchase Price will be allocated among the Sellers as set forth in Schedule
     "2.1" attached hereto as a part hereof.

2.2  Allocation. Any adjustments to the Purchase Price under paragraphs 5.3 or 9
     of this Agreement will be deducted from the Purchase Price. The Purchaser
     will allocate the Purchase Price among the Properties according to sound
     accounting practices.

3. Representations and Warranties. As an inducement to the Purchaser to enter
into this Agreement, the Sellers represent and warrant to the Purchaser that as
of the date of this Agreement and the Closing Date:

3.1  Organization, Good Standing, Etc. Sellers are duly organized, validly
     existing, and in good standing under the laws of the State of Oklahoma and
     have the power to own the property and to carry on such Sellers' business
     as now being conducted. Sellers have the power to execute and deliver this
     Agreement and to consummate the transaction contemplated hereby. Sellers
     are not in default under or in violation of any provision their respective
     certificates of incorporation or bylaws.

3.2  Authority. Sellers have taken all necessary action to authorize the
     execution, delivery, and performance of this Agreement and have adequate
     power, authority, and legal right to enter into, execute, deliver, and
     perform the transactions contemplated by this Agreement. This Agreement is
     legal, valid, and binding with respect to the Sellers and is enforceable in
     accordance with its terms.

     3.2.1.1 Contracts. The Sellers have delivered to the Purchaser true copies
          (or descriptions, in the case of oral agreements) of all of the
          contracts and agreements relating to the Properties. There are no
          other material contracts, commitments, or agreements in effect related
          to the Properties that have not been disclosed to the Purchaser in
          writing. Except as set forth in Schedule "3.3" attached hereto as a
          part hereof: such contracts and agreements are in full force and
          effect; no event of default or event which would become an event of
          default with the giving of notice or passage of time has occurred; and
          no condition presently exists which would give any party to any such
          contract the right to terminate such contract. There are no other
          material contracts, commitments or agreements in effect related to the
          Properties that have not been disclosed to the Purchaser in writing.

<page>

     3.2.1.2 Litigation. Except as disclosed in Schedule "3.4" attached hereto
          as a part hereof, there is: no action, suit, or proceeding pending,
          threatened, or contemplated against the Sellers or the Properties; and
          no proceeding, investigation, charges, audit, or inquiry threatened or
          pending before or by any federal, state, municipal or other
          governmental court, department, commission, board, bureau, agency or
          instrumentality which might result in an adverse effect on the Sellers
          or the Properties.

3.3  Broker's or Finder's Fees. The Sellers have not incurred any liability,
     contingent, or otherwise, for broker's or finder's fees in respect of this
     Agreement for which the Purchaser will have any responsibility whatsoever.

3.4  Taxes. All ad valorem, property, production, severance, and similar taxes
     and assessments based on or measured by the ownership of property
     comprising the Properties or the production or removal of hydrocarbons or
     the receipt of proceeds therefrom have been timely paid when due and are
     not in arrears.

3.5  Contracts, Consents and Preferential Rights. The Sellers have described in
     Schedule "3.7" attached hereto as a part hereof: (a) all partnership, joint
     venture, farmin/farmout, dry hole, bottom hole, acreage contribution, area
     of mutual interest, purchase, and/or acquisition agreements of which any
     terms remain executory which materially affect the Properties; (b) all
     other executory contracts to which the Sellers are parties which materially
     affect any item of the Properties; (c) all governmental or court approvals
     and third party contractual consents required in order to consummate the
     transactions contemplated by this Agreement; (d) all agreements pursuant to
     which third parties have preferential rights or similar rights to acquire
     any portion of the Properties upon the sale contemplated by this Agreement;
     and (e) all other contracts and agreements which are in any single case of
     material importance to the Properties.

3.6  Insurance. The Sellers will maintain or cause to be maintained through the
     Closing Date, with financially sound and reputable insurers, insurance to
     the extent and against such hazards and liabilities and in such types and
     amounts as is commonly maintained by entities similarly situated.

3.7  Powers of Attorney. There are no outstanding powers of attorney relating to
     or affecting any of the Properties.

3.8  Equipment. The equipment has been installed, maintained, and operated by
     the operator thereof as a prudent operator in accordance with oil and gas
     industry standards and is currently in a state of repair so as to be
     adequate for normal operations of the Properties.

<page>

3.9  Affiliate Transactions. There are no transactions affecting any of the
     Properties between the Sellers and any of the Sellers' affiliates, except
     as set forth in Schedule "3.11" attached hereto as a part hereof. As used
     in this Agreement, "affiliate" means, with respect to any person or entity,
     each other person or entity directly or indirectly controlling, controlled
     by, or under common control with such person.

3.10 Intangible Property. There are no material trademarks, trade names,
     patents, service marks, brand names, computer programs, data bases,
     industrial designs, copyrights, or other intangible properties that are
     necessary for the operation, or continued operation, or for the ownership
     and operation, or continued ownership and operation, of any of the
     Properties.

4. Purchaser's Representations and Warranties. The Purchaser represents and
warrants to the Sellers that as of the date of this Agreement and the Closing
Date:

4.1  Organization, Good Standing, Etc. The Purchaser is a corporation duly
     organized, validly existing and in good standing and has all requisite
     corporate power and authority to own, lease, and operate its properties and
     to conduct its business as now being conducted.

4.2  Authority. Purchaser has taken all necessary action to authorize the
     execution, delivery, and performance of this Agreement and has adequate
     power, authority, and legal right to enter into, execute, deliver, and
     perform the transactions contemplated by this Agreement. This Agreement is
     legal, valid, and binding with respect to the Purchaser and is enforceable
     in accordance with its terms.

4.3  Permits. On the Closing Date, the Purchaser will secure all approvals,
     authorizations, consents, licenses, orders, franchises, rights,
     registrations, and permits of all governmental agencies, whether federal,
     state or local, United States or foreign, required to permit the continued
     operation of the Sellers' business as presently conducted (the "Permits")
     and each will be in full force and effect and will have been duly and
     validly issued, except where the absence of which, singly or in the
     aggregate, would not have a material adverse effect on the Properties.

5.   Covenants. The parties agree to perform the following prior to the Closing
     Date:

5.1  Access to Information. During the period commencing on the date of this
     Agreement and ending on the Closing Date, the Sellers will afford the
     Purchaser and the Purchaser's authorized representatives full access during
     normal business hours to the properties, books, records, employees,
     accountants, and lawyers of the Sellers to make such investigation as the
     Purchaser desires regarding the Properties and furnish such financial,
     operating data, information, and responses as the Purchaser might
     reasonably request with respect to the Properties.

<page>

5.2  Inspection. Prior to the Closing Date the Purchaser will conduct such
     investigation and inspection with respect to the Properties as the
     Purchaser deems appropriate.

5.3  Title Adjustments. In addition to any other remedies available to the
     Purchaser, if a title defect exists with respect to one (1) or more of the
     Properties which the Sellers refuse to or cannot cure prior to the Closing
     Date, then the Purchaser may elect in writing to close the acquisition of
     the Properties in accordance with the terms of this Agreement and adjust
     the Purchase Price downward as provided herein. If the title defect is an
     encumbrance or charge which is undisputed and liquidated, the decrease in
     the Purchase Price will be the amount necessary to satisfy such charge and
     remove the title defect. In all other cases, the amount of the decrease in
     the Purchase Price will be the amount determined by multiplying the
     percentage of the specific Property affected by the title defect by the
     allocation of the Purchase Price to that specific Property.

5.4  Conduct of Businesses. Prior to the Closing Date, the Sellers will operate
     the Properties in a businesslike manner in accordance with the Sellers'
     prior practices and will use the Sellers' best efforts to maintain and
     preserve the Properties. In addition, unless the Purchaser otherwise
     consents in writing: the Sellers have not and will not transfer, sell,
     mortgage, pledge, encumber, or dispose of any of the Properties; or make,
     permit any amendment or permit the termination of any material contract,
     agreement, or commitment relating to the Properties. The Sellers and the
     Sellers' affiliates, advisors or representatives will not, directly or
     indirectly, encourage, initiate, engage in discussions or negotiations
     with, or provide any information to, any corporation, partnership, person
     or other entity or group concerning the sale of the Properties.

5.5  Consents. The parties will use their best efforts to obtain all licenses,
     permits, consents, approvals, authorizations, qualifications, and orders of
     governmental authorities and parties to contracts with the Sellers as are
     necessary for the consummation of the transactions contemplated by this
     Agreement. However, no contract will be amended to increase the amount
     payable thereunder and no burden to the Sellers or the Purchaser will be
     increased to obtain any consent, approval or authorization.

5.6  Conditions. The Sellers and the Purchaser will use their respective best
     efforts to cause the conditions in paragraphs 6 and 7 to be satisfied.

<page>

6.   Purchaser's Conditions Precedent. The obligation of the Purchaser to
     consummate the transactions contemplated by this Agreement is subject to
     the satisfaction or waiver (subject to applicable law) on or before the
     Closing Date of each of the following conditions:

6.1  No preliminary or permanent injunction or other order will have been issued
     by any court of competent jurisdiction or any regulatory body preventing
     consummation of the transactions contemplated by this Agreement;

6.2  No action will have been commenced or threatened against the Sellers, the
     Purchaser or any of their respective affiliates, associates, officers, or
     directors seeking damages arising from, or to prevent or challenge the
     transactions contemplated by this Agreement;

6.3  All representations and warranties, if any, of the Sellers contained herein
     will be true and correct in all material respects;

6.4  The Sellers will have performed or satisfied as of the Closing Date all
     obligations, covenants, agreements, and conditions contained in this
     Agreement to be performed or complied with by the Sellers;

6.5  There shall not have accrued any material adverse change, nor any event
     which can be reasonably expected to result in a material adverse change in
     the Properties;

6.6  All actions, proceedings, instruments, and documents required to carry out
     the transactions contemplated hereby will have been satisfactory to the
     Purchaser's counsel, including, without limitation, releases of any and all
     liens, claims, security interests, or other encumbrances covering any of
     the Properties, and the Sellers will have delivered such additional
     certificates and other documents as the Purchaser reasonably requests
     including, without limitation, such certificates of the Sellers dated as of
     the Closing Date evidencing compliance with the conditions set forth in
     this paragraph 6;

6.7  The Purchaser shall have received and reviewed all schedules to be provided
     by the Sellers and such schedules shall not be materially different than
     anticipated by the Purchaser; and

7. Sellers' Conditions Precedent. The obligation of the Sellers to consummate
the transactions contemplated by this Agreement is subject to the satisfaction,
on or before the Closing Date of each of the following conditions, any or all of
which may be waived in whole or in part:

7.1  No preliminary or permanent injunction or other order will have been issued
     by any court of competent jurisdiction or any governmental or regulatory
     body preventing consummation of the transactions contemplated by this
     Agreement;

7.2  No action will have been commenced or threatened against the Sellers, the
     Purchaser or any of their respective affiliates, associates, officers, or
     directors seeking damages arising from, to prevent or to challenge the
     transactions contemplated by this Agreement;

<page>

7.3  All representations and warranties of the Purchaser contained herein will
     be true and correct in all material respects;

7.4  The Purchaser will have performed in all material respects all obligations,
     agreements and conditions contained in this Agreement to be performed or
     complied with by the Purchaser; and

7.5  The Sellers will have received such certificates of the Purchaser dated the
     Closing Date and signed by officers of the Purchaser and others to evidence
     compliance with the conditions set forth in this paragraph 7.

8. The Closing. Unless extended in writing executed by the Sellers and the
Purchaser, the transactions contemplated by this Agreement will be consummated
at 10:00 a.m. local time in the offices of the Purchaser on or before December
1, 2006 (the "Closing Date").

8.1  Purchaser's Deliveries. On the Closing Date, the Purchaser will deliver or
     cause to be delivered to the Sellers the following items (all documents
     will be duly executed and acknowledged where required):

     8.1.1 Payment. The portion of the Purchase Price due under paragraph 2 as
          adjusted under paragraph 5.3 and 9 of this Agreement;

     8.1.2 Closing Memorandum. A memorandum setting forth the items delivered
          and accounting for the payments made on the Closing Date; and

     8.1.3 Additional Documents. Such additional documents as might be
          reasonably requested by the Sellers to consummate this Agreement.

8.2  Sellers' Deliveries. On the Closing Date, the Sellers will deliver or cause
     to be delivered to the Purchaser the following items (all documents will be
     duly executed and acknowledged where required):

     8.2.1 Assignments. Assignments and conveyances in substantially the form of
          Schedule "8.2.1" attached hereto as a part hereof conveying to the
          Purchaser all of the Sellers' right, title, and interest in and to the
          Properties;

<page>

     8.2.2 Closing Memorandum. A memorandum setting forth the items delivered
          and accounting for the payments made on the Closing Date; and

     8.2.3 Additional Documents. The Records and such additional documents as
          might be reasonably requested by the Purchaser to consummate this
          Agreement.

8.3  Costs. The Sellers will pay all the Sellers' attorneys' fees. The Purchaser
     will pay the following closing costs: (a) the Purchaser's attorneys' fees;
     (b) the cost of documentary stamps, if any, to be affixed to any deeds
     conveying title to the Properties to the Purchaser; (c) all sales taxes
     assessed in connection with consummation of this transaction; (d) any other
     charge imposed for the transfer of any item comprising the Properties; and
     (e) the cost of recording all documents.

9. Adjustments.  All receipts and  disbursements  with respect to the Properties
will be prorated as of the Effective Date as follows:  gross proceeds from sales
of Hydrocarbons  prior to the Effective Date attributable to the Properties will
be the  property of and payable to the  Sellers;  gross  proceeds  from sales of
Hydrocarbons after the Effective Date attributable to the Properties will be the
property of and payable to the Purchaser;  all costs, expenses, and expenditures
attributed  directly to the  Properties  and arising prior to the Effective Date
will be the obligation of the Sellers;  all costs,  expenses,  and  expenditures
attributed  directly to the Properties and arising after the Effective Date will
be the  obligation  of the  Purchaser;  and all real and  personal  property  ad
valorem taxes and special assessments for the Properties payable for any taxable
period prior to the  calendar  year in which the Closing Date occurs will be the
obligation  of the  Sellers.  Any  of the  foregoing  adjustments  which  can be
quantified on the Closing Date and any  adjustments  under paragraph 5.3 will be
treated as an adjustment to the Purchase Price.  Subsequent to the Closing Date,
the foregoing  adjustments  will be accounted for by the parties and paid to the
appropriate  party on or before the  fifteenth  (15th) day after the end of each
month.

10.  Termination.   This  Agreement  may  be  terminated  and  the  transactions
contemplated  hereby may be abandoned by: mutual  consent of the Sellers and the
Purchaser;  the Purchaser, if the Purchaser is not in default and the conditions
set  forth in  paragraph  6 of this  Agreement  have not been  satisfied  by the
Sellers or waived by the  Purchaser;  or the Sellers,  if the Sellers are not in
default, and the conditions precedent set forth in paragraph 7 of this Agreement
have not been satisfied or waived by the Sellers.  In the event of  termination,
written  notice  thereof will be given to the other party or parties  specifying
the  provision  pursuant  to which  such  termination  is made.  On  termination
pursuant  to this  paragraph  10,  this  Agreement  will become void and have no
effect, and there will be no liability hereunder on the part of the Purchaser or
the Sellers or any of their respective officers,  directors,  employees, agents,
stockholders, or principals.

<page>

11.  Default.  If a party  fails to perform  any  obligation  contained  in this
Agreement,  the party  claiming  default will serve written  notice to the other
party  specifying the nature of such default and demanding  performance.  If the
Sellers fail to cure such default  within ten (10) days after  receipt  thereof,
the  Purchaser  will have the option to waive such default,  to demand  specific
performance,  to exercise any other remedy available at law or in equity,  or to
terminate this Agreement. If the Purchaser fails to cure such default within ten
(10) days after receipt thereof,  the Sellers will have the option to waive such
default or to  terminate  this  Agreement  to demand  specific  performance,  to
exercise any other remedy  available at law or in equity,  or to terminate  this
Agreement.  The  parties  are  entitled to enforce  this  Agreement  by specific
performance  without the  necessity of  demonstrating  inadequacy  of damages or
irreparable harm.

12.      Miscellaneous.  It is further agreed as follows:

12.1 Notices. Any notice,  demand, or communication  required or permitted to be
given by any provision of this  Agreement  will be in writing and will be deemed
to have been given and received when delivered personally or by telefacsimile to
the party  designated to receive such notice,  or on the date  following the day
sent by overnight courier,  or on the third (3rd) business day after the same is
sent by certified mail,  postage and charges prepaid,  directed to the following
addresses or to such other or additional  addresses as any party might designate
by written notice to the other parties:

   To the Purchaser:                       NITRO PETROLEUM, Inc.
                                           P.O. Box 929
                                           Pentticton, B.C. Canada V2A6J9
                                           Attn: Ted Kozub, President
                                           Telephone: (250) 809-9185

   To the Sellers:                         HOCO, Inc..
                                           7250 N.W. Expressway, Suite 260
                                           Oklahoma City, OK 73132
                                           Attn: Joe B. Hood, President
                                           Telephone: (405) 728-3800
                                           Fax:       (405) 728-9600

                                           Wise Oil & Gas, LLC
                                           19802 Malone Road
                                           Tecumseh, OK 74873
                                           Attn: Larry Wise, Managing Member
                                           Telephone: (405) 606-1007
                                           Fax:            (405)

                                           LMH Energy, a general partnership
                                           P.O. Box 3094
                                           Wichita Falls, TX 76309-0094
                                           Attn: Mark A. Hood, President
                                           Telephone: (940) 723-9108
                                           Fax:       (940) 723-8725

                                           Erin Joyce

                                           Vern Dunn

<page>

12.2  Representations  and  Warranties.   The  respective   representations  and
warranties of the Sellers and the  Purchaser  contained in this  Agreement,  any
certificate or any other document delivered prior to or on the Closing Date will
not be deemed  waived or  otherwise  affected by any  investigation  made by any
party hereto.  Each and every such  representation and warranty will survive the
Closing Date and will not be terminated or  extinguished.  This  paragraph  12.2
will have no effect on any other obligation of the parties hereto, whether to be
performed before or after the Closing Date.
9.1

12.3  Cooperation.  Prior to and at all times  following the termination of this
Agreement the parties agree to execute and deliver,  or cause to be executed and
delivered,  such  documents  and do, or cause to be done,  such  other  acts and
things as might reasonably be requested by any party to this Agreement to assure
that the benefits of this Agreement are realized by the parties.

12.4 Press Release. The Purchaser will prepare and issue all press releases
relating to this Agreement and the sale of the Properties.

12.5 Choice of Law. This Agreement will be  interpreted,  construed and enforced
in  accordance  with the laws of the State of Oklahoma.  The parties  consent to
jurisdiction  and  exclusive  venue in the  District  Court of Oklahoma  County,
Oklahoma  or the  United  States  District  Court for the  Western  District  of
Oklahoma.

12.6 Headings. The paragraph headings contained in this Agreement are for
reference purposes only and are not intended to affect in any way the meaning or
interpretation of this Agreement.

12.7 Entire Agreement.  This Agreement,  any related agreement, and any document
executed  in  connection  herewith  or  therewith  on or after  the date of this
Agreement  constitute the entire  agreement  between the parties with respect to
the subject matters hereof, and that there are no prior or contemporaneous  oral
promises or agreements which affect the parties rights or agreements herein.

12.8 Assignment. It is agreed that the parties may not assign such party's
rights nor delegate such party's duties under this Agreement without the express
written consent of the other party to this Agreement.

<page>

12.9 Amendment. Neither this Agreement, nor any of the provisions hereof can be
changed, waived, discharged, or terminated, except by an instrument in writing
signed by the party against whom enforcement of the change, waiver, discharge,
or termination is sought.

12.10 Severability. If any clause or provision of this Agreement is illegal,
invalid, or unenforceable under any present or future law, the remainder of this
Agreement will not be affected thereby. It is the intention of the parties that
if any such provision is held to be illegal, invalid, or unenforceable, there
will be added in lieu thereof a provision as similar in terms to such provisions
as is possible and to be legal, valid, and enforceable.

12.11 Attorney Fees. If any party institutes an action or proceeding against any
other party relating to the provisions of this Agreement, the party to such
action or proceeding which does not prevail will reimburse the prevailing party
therein for the reasonable expenses of attorneys' fees and disbursements
incurred by the prevailing party.

12.12 Waiver. Waiver of performance of any obligation or term contained in this
Agreement by any party, or waiver by one party of the other's default hereunder
will not operate as a waiver of performance of any other obligation or term of
this Agreement or a future waiver of the same obligation or a waiver of any
future default.

12.13 No Third Party Beneficiaries. This Agreement has been and is made solely
for the benefit of and shall be binding upon the parties hereto and their
respective successors and permitted assigns and no other person will acquire or
have any rights under or by virtue of this Agreement.

12.14 Execution in Counterparts. This Agreement may be executed in any number of
counterparts, each of which when so executed and delivered will be deemed an
original and which together will constitute one and the same instrument.

         IN WITNESS  WHEREOF,  the Sellers and the Purchaser  have executed this
Agreement on the date first above written to be effective on the Effective Date.

HOCO, INC., an Oklahoma corporation

By  /s/ Joe Hood
  ---------------------------
     Joe B. Hood, President

LMH ENERGY

By  /s/ Mark Hood
-----------------------------
     Mark A. Hood, Partner

/s/ Lucy Hood
---------------
Lucy V. Hood, Partner

WISE OIL & GAS, LLC

By  /s/ Larry Wise
-------------------------------
    Larry Wise, Managing Member

/s/ Erin Joyce
--------------
Erin Joyce

/s/ Vern Dunn
-------------
Vern Dunn

(the "Sellers")

NITRO PETROLEUM, INC.

By  /s/ Ted Kozub
  ------------------------------------------------------------
    Ted Kozub, President

(the "Purchaser")

<page>

                                  SCHEDULE 1.1

                        LANDS, PROPERTIES, AND INTERESTS

         NE/4  SE/4  NE/4 and NE/4 SE/4 and NE/4 NW/4 SE/4 and S/2 NE/4 NE/4 and
         NE/4  NE/4 NE/4 and S/2 SE/4 NE/4  Section  28,  and SE/4 SW/4 NW/4 and
         NW/4 SW/4 and N/2 SW/4 NW/4 and SE/4 SW/4 NW/4 of  Section  27,  all in
         Township 25 North, Range 17 East, Nowata County, Oklahoma

                        LANDS, PROPERTIES, AND INTERESTS

         W/2 NW/4 NE/4 and NE/4 NW/4 NE/4 and NW/4 NE/4 NE/4 of Section  28, and
         the W/2 SE/4 of Section 21, all in Township 25 North, Range 17E, Nowata
         County, Oklahoma.

<page>

                                  SCHEDULE 2.1

                          ALLOCATION OF PURCHASE PRICE

East and West Moreland Prospects

                                     Cash                       $200,000.00
                                     ----                       -----------

HOCO, Inc. (50%)                    $100,000.00
Wise Oil and Gas (25%)              $50,000.00
LMH Energy (25%)                    $50,000.00

Farley prospects                    Cash                      $50,000.00
----------------                    -------                   ----------

Wise Oil and Gas (25%)              $12,500.00
Erin Joyce (37.5%)                  $18,750.00
Vern Dunn (37.5%)                   $18,750.00

<page>

                                  SCHEDULE 3.3

                       CONTRACTS AND AGREEMENTS IN DEFAULT

                                      NONE

<page>

                                  SCHEDULE 3.4

                                   LITIGATION

                                      NONE

<page>

                                  SCHEDULE 3.7

                  CONTRACTS, CONSENTS, AND PREFERENTIAL RIGHTS

                                      NONE

<page>

                                  SCHEDULE 3.11

                             AFFILIATED TRANSACTIONS

                                      NONE

<page>

                                 SCHEDULE 8.2.1

                    ASSIGNMENT, BILL OF SALE, AND CONVEYANCE

<page>

          STATE OF OKLAHOMA )
                                             as:
          COUNTY OF NOWATA )

         ASSIGNMENT OF OIL AND GAS LEASE KNOW ALL MEN BY THESE PRESENTS:

     THAT the undersigned parties, hereinafter called "Assignor", for and in
consideration of the sum of TEN DOLLARS ($10.00) the receipt of which is hereby
acknowledged, does hereby assign, transfer, sell and convey unto Nitro
Petroleum, Inc., herein called Assignee, all right, title and interest in and to
the Oil and Gas Leases described on Exhibit "A" (the "Properties"), together
with all the rights incident thereto the personal property thereon, appurtenant
thereto, or used or obtained in connection therewith including the following:

l.   All of Sellers' undivided right, title, and interest in, to and under the
     leases, overriding royalty interests, fee mineral interests, mineral
     rights, fee royalty interests, carried interests, net revenue interests,
     net profits interests, licenses, production payments, permits, and other
     interests and agreements relating to the Properties, together with all
     other interests of Sellers in and to the Propertied and the wells located
     thereon,

2.   All of Sellers' undivided right, title and interest in all Hydrocarbons
     produced from or allocated to the Properties and sold after the effective
     date hereof. The term "Hydrocarbons" means and includes oil, gas,
     casinghead gas, condensate, natural gas liquids, and all components of the
     foregoing.

3.   All of Sellers' undivided interest in and to all documents, agreements, and
     contracts relating to the Properties including, without limitation, leases,
     operating agreements, gas balancing agreements, oil, gas and condensate
     purchase and sale agreements, processing, gathering, compression and
     transportation agreements, joint venture agreements, farmout agreements,
     farmin agreements, dry hole agreements, bottom hole agreements, acreage
     contribution agreements, area of mutual interest agreements, easements,
     permits, salt water disposal agreements, surface agreements, unitization or
     pooling agreements, warranties, covenants, indmenities, and representations
     from third parties.

4.   All of Sellers' interest in and to all real, personal and mixed, movable,
     immovable, tangible and intangible property, and all other fixtures and
     improvements appurtenant to or used in connection with the Properties,
     including, without implied limitation, all wells, fixtures, equipment,
     gathering systems, processing plants, pipelines, claims, rights, and causes
     of action against third parties whether asserted and unasserted or known
     and unknown.

5.   All of Sellers' interest and estate in and to or derived under any oil,
     gas, and mineral unitization, pooling and communitization agreements,
     declarations or orders relating to the Properties, and the units, pools, or
     communitized areas, if any, created thereby (including, without limitation,
     all units, pools, or communitized areas formed under orders, regulations,
     rules, or other official acts

<page>

EXECUTED this 10th day of November, 2006

/s/ Larry Wise                             /s/ Erin Joyce
----------------------------------------   ---------------
Larry Wise, Managing Member                Erin Joyce
Wise Oil & Gas LLC

/s/ Simlicio Misceo
------------------------
Simplicio Misceo

STATE OF OKLAHOMA

COUNTY OF Pottawatomie

This instrument was acknowledged before me this 10 day of November, 2006 by
Larry Wise, as Managing Member of Wise Oil & Gas, LLC.

/s/
------------------------------
Notary Public

My Commission Number and Expiration:

7-16-09
Province of British Columbia, Canada
County of Westminster

This instrument was acknowledged before me this 6th day of November, 2006
by Simplicio Misceo, an individual.

/s/
----------------------------
James L. Robinson
Notary Public
240-1.40 Austin Ave.
Coquitlam, B.C. V3K 3P5
Tel (604)931-1202
Fax (604)931-1206

My Commission Number and Expiration

Permanent Commission
-----------------------------------
Province of British Columbia, Canada
County of Westminster

This instrument was acknowledged before me this 6th day of November, 2006 by
Erin Joyce, an individual

/s/
-----------------------------------
James L. Robinson
Notary Public
Permanent Commision

<page>

                                        EXHIBIT "A"

        Lessor                  Sally Farley
        Lessee:                 Wise Oil & Gas Company
        Date;                   April 20, 2005
        Recorded:               April 20, 2005 in Book 726, Page 813
        Legal Description:      W/2 NW/4 NE/4 and NE/4 NW/4 NE/4 and NW/4 NE/4
                                NE/4 of Section 28 and the W/2 SE/4 of
                                Section 21, all in Township 25 North, Range 17E,
                                Nowata County,

        It is the intent of the  Assignors  to assign and convoy all right title
and interest in and to the above described lands,  whether  described  correctly
herein, or not.

<page>

                                   ASSIGNMENT

 KNOW ALL MEN BY THESE PRESENTS:

WHEREAS,  Wise Oil & Gas,  LLC,  whose  address is 19802 Malone Road,  Tecumseh,
Oklahoma 74873, hereinafter referred to as ASSIGNOR, and

    Nitro Petroleum, Inc., 7250 NW Expressway, #260, Oklahoma City, OK 73132

hereinafter  referred to as  ASSIGNEE  for and in  consideration  of TEN DOLLARS
($10.00)  and other good and  valuable  consideration,  the  receipt of which is
hereby acknowledged, ASSIGNOR does hereby grant, bargain, sell, transfer, assign
and convey, unto ASSIGNEE,  its successors and assigns,  the fractional interest
as set out above in and to the oil and gas leases  covering the following to wit
at a 78% NRI lease.

NE/4  SE/4 NE/4 and NE/4 SE/4 and NE/4 NW/4 SE/4 and S/2 NE/4 NE/4 and NE/4 NE/4
NE/4 and S/2 SE/4  NE/4  Section  28,  and SE/4 SW/4 NW/4 and NW/4 S W14 and N/2
SW/4 NW/4 and SE/4 SW/4

NW/4 of Section  27, all in  Township 25 North,  Range 17 East,  Nowata  County,
Oklahoma THIS ASSIGNMENT is subject to the unrecorded Joint Operating Agreement.

THIS  ASSIGNMENT is subject to all Royalty,  Overriding  Royalty and  applicable
leasehold burdens, right title and interest.

THIS ASSIGNMENT is made effective December 1, 2006.

THIS ASSIGNMENT is made without warranty,  express or implied. DATED this day of
December 1, 2006.

ASSIGNOR:
Wise Oil & G LLC

/s/ Larry Wise
----------------------
By: Larry Wise, Manager

                                 ACKNOWLEDGMENT

STATE OF OKLAHOMA

COUNTY OF Patt.

Before ME, THE UNDERSIGNED, a Notary Public, in and for said county and state on
this day of December 1, 2006, personally Larry Wise to me known to be the
identical person who subscribed the name of the maker thereof to the foregoing
instrument and acknowledged to me that he executed the same as his free and act
and deed, and as the free and voluntary act deed for the uses and purposes
therein set forms

      Given under my hand and seal of office the day year last above written.

My commission Expires 7-16-09  /s/
                      -------  --------------------------
                               Notary Public

<page>

                            ASSIGNMENT

 KNOW ALL MEN BY THESE PRESENTS:

WHEREAS, HoCo, Inc., whose address is 7250 NW Expressway, #260,
Oklahoma City, OK., 73132 hereinafter referred to as ASSIGNOR, and

    Nitro Petroleum, Inc., 7250 NW Expressway, #260, Oklahoma City, OK 73132

hereinafter  referred to as  ASSIGNEE  for and in  consideration  of TEN DOLLARS
($10.00)  and other good and  valuable  consideration,  the  receipt of which is
hereby acknowledged, ASSIGNOR does hereby grant, bargain, sell, transfer, assign
and convey, unto ASSIGNEE,  its successors and assigns,  the fractional interest
as set out above in and to the oil and gas leases  covering the following to wit
at a 78% NRI lease.

NE/4 SE/4 NE/4 and NE/4 SE/4 and NE/4 N W14 SE/4 and S/2 NE/4 NE/4 and NE/4 NE/4
NE/4 and S/2 SE/4 NE/4 Section 28, and SE/4 SW/4 NW/4 and NW/4 SW/4 and N/2 SW/4
NW/4 and SE/4 SW/4

NW/4 of Section  27, all in  Township 25 North,  Range 17 East,  Nowata  County,
Oklahoma  I  HIS  ASSIGNMENT  is  subject  to  the  unrecorded  Joint  Operating
Agreement.

THIS  ASSIGNMENT is subject to all Royalty,  Overriding  Royalty and  applicable
leasehold burdens, right title and interest.

THIS ASSIGNMENT is made effective December 1, 2006.

THIS ASSIGNMENT is made without warranty,  express or implied. DATED this day of
December 1, 2006.

ASSIGNOR:
HoCo, Inc.

/s/ Joe B. Hood
----------------------------
Joe B. Hood

                                 ACKNOWLEDGMENT

STATE OF OKLAHOMA

COUNTY OF Patt.

Before ME, THE UNDERSIGNED, a Notary Public, in and for said county and state on
this day of December 1, 2006 personally Joe B. Hood to me known to be the
identical person who subscribed the name of the maker thereof foregoing
instrument and acknowledged to me that he executed the same as his free and
voluntary act and deed, and as the free and voluntary act deed for the uses and
purposes therein set fore

      Given under my hand and seal of office the day year above written.

My commission Expires 7-16-09
                      -------                 -----------------
                                               Notary Public

<page>

                            ASSIGNMENT

 KNOW ALL MEN BY THESE PRESENTS:

WHEREAS, LMH Energy., whose address is 7250 NW Expressway, #260,
Oklahoma City, OK., 73132 hereinafter referred to as ASSIGNOR, and

    Nitro Petroleum, Inc., 7250 NW Expressway, #260, Oklahoma City, OK
    73132

hereinafter  referred to as  ASSIGNEE  for and in  consideration  of TEN DOLLARS
($10.00)  and other good and  valuable  consideration,  the  receipt of which is
hereby acknowledged, ASSIGNOR does hereby grant, bargain, sell, transfer, assign
and convey, unto ASSIGNEE,  its successors and assigns,  the fractional interest
as set out above in and to the oil and gas leases  covering the following to wit
at a 78% NRI lease.

NE/4  SE/4 NE/4 and NE/4 SE/4 and NE/4 NW/4 SE/4 and S/2 NE/4 NE/4 and NE/4 NE/4
NE/4 and S/2 SE/4 NE/4 Section 28, and SE/4 SW/4 NW/4 and NW/4 SW/4 and N/2 SW/4
NW/4 and SE/4 SW/4

NW/4 of Section  27, all in  Township 25 North,  Range 17 East,  Nowata  County,
Oklahoma THIS ASSIGNMENT is subject to the unrecorded Joint Operating Agreement.

THIS  ASSIGNMENT is subject to all Royalty,  Overriding  Royalty and  applicable
leasehold burdens, right title and interest.

THIS ASSIGNMENT is made effective December 1, 2006.

THIS ASSIGNMENT is made without warranty,  express or implied. DATED this day of
December 1, 2006.

ASSIGNOR: LMH Energy

/s/ Mark A. Hood  Lucy Hood
----------------------------------
BY Mark & Lucy Hood

                                 ACKNOWLEDGMENT

STATE OF OKLAHOMA

COUNTY OF Patt.
          -----

Before ME, THE UNDERSIGNED, a Notary Public, in and for said county and state on
this day of December 1, 2006 personally Mark and Lucy Hood to me known to be the
identical person who subscribed the name of the maker thereof to the foregoing
instrument and acknowledged to me that he executed he same as his free and
voluntary act and deed, and as the free and voluntary act deed for the uses and
purposes therein set fore

      Given under my hand and seal of office the day year last above written.

My commission Expires 7-16-09  /s/
                      -------  --------------------------
                               Notary Public

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