Document:

EXHIBIT 10.1
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                            SHARE PURCHASE AGREEMENT

         This  Share  Purchase  Agreement  ("Agreement"),  dated as of April 29,
2005, among Skye Blue Ventures, LLC ("Seller"), Mountains West Exploration, Inc.
("MWEX"), and Sky Rider Energy, LLC (the "Buyer").

                              W I T N E S S E T H:

         A. WHEREAS,  MWEX is a corporation duly organized under the laws of the
State of New Mexico and is joining this Agreement to provide certain  warranties
and representations.

         B. WHEREAS,  Buyer wishes to purchase an aggregate of 400,000 shares of
MWEX common stock on a, (the "Purchase Shares"),  and Seller desires to sell the
Purchase Shares to Buyer.

         NOW, THEREFORE, it is agreed among the parties as follows:

                                   ARTICLE I

                                The Consideration

1.1 Subject to the conditions  set forth herein,  Seller shall sell to Buyer and
Buyer shall purchase an aggregate of 400,000 newly issued shares of common stock
of MWEX from Seller.  The  purchase  price for the shares to be paid by Buyer to
Seller is  $225,000  (the  "Consideration")  which shall be paid at closing by a
wire  transfer  or  transmittal  of a cashiers  check to the Escrow  Account for
Mountains West Exploration, Inc.

                                   ARTICLE II

                         Closing and Issuance of Shares

2.1 The Purchase Shares shall be sold to Buyer as by depositing same with Escrow
Agent for delivery to buyer,  upon receipt of the  Consideration by Seller,  and
satisfaction of a) the conditions  precedent in Article VI, and b) procedures in
Article V.

2.2 Closing  hereunder shall be completed by delivery to Escrow Account,  of the
requisite  closing documents and cash  consideration,  and delivery of the share
certificates to Attorney Michael A. Littman,  Esq., on or before May 20, 2005 at
5:00  p.m.  PST  ("Closing  Date")  subject  to  satisfaction  of the  terms and
conditions set forth herein.  Consideration  may be delivered by Federal Express
or wire  transfers,  and any closing  documents  may be delivered by  facsimile,
Federal Express or other appropriate means.

                                       1
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                                  ARTICLE III

          Representations, Warranties and Covenants of MWEX and Seller

         Seller and MWEX  hereby,  represent,  warrant and  covenant to Buyer as
follows:

3.1 MWEX is a corporation duly organized,  validly existing and in good standing
under  the laws of the  State of New  Mexico,  and has the  corporate  power and
authority to own or lease its  properties  and to carry on its business as it is
now being conducted.  The Articles of Incorporation and Amendments and Bylaws of
MWEX, are complete and accurate,  and the minute books of MWEX,  copies of which
have also been made available to Buyer,  contain a record, which is complete and
accurate in all material respects, of all meetings, and all corporate actions of
the shareholders and Board of Directors of MWEX.

3.2 (a)The  authorized  capital stock of MWEX  consists of 50,000,000  shares of
common stock and there are  1,000,000  shares of Common Stock of MWEX issued and
outstanding  (post reverse split).  All such shares of capital stock of MWEX are
validly issued,  fully paid,  non-assessable and free of preemptive rights. MWEX
has no outstanding options,  warrants, or other rights to purchase, or subscribe
to, or other  securities  convertible  into or  exchangeable  for any  shares of
capital stock of MWEX, or contracts or  arrangements of any kind relating to the
issuance,  sale or transfer of any capital  stock or other equity  securities of
MWEX. All of the outstanding  shares of capital stock of MWEX have been offered,
issued,  sold and  delivered in  compliance  with  applicable  federal and state
securities  laws  and none of such  securities  were,  at the time of  issuance,
subject to preemptive rights.  None of such issued and outstanding shares is the
subject  of any  voting  trust  agreement  relating  to the  voting  thereof  or
restricting in any way the sale or transfer thereof.

         (b) Seller shall deliver the Purchase Shares pursuant to this Agreement
free and clear of any lien, pledge, security interest or other encumbrance, and,
the Buyer will  acquire good and valid title to the  Purchase  Shares,  free and
clear of any lien, pledge,  security interest or other encumbrance.  None of the
Purchase Shares are the subject of any voting trust agreement or other agreement
relating to the voting  thereof or  restricting  in any way the sale or transfer
thereof except for this Agreement.

3.3 This Agreement has been duly  authorized,  validly executed and delivered on
behalf of MWEX and Seller and is a valid and binding agreement and obligation of
MWEX and Seller  enforceable  against the parties in accordance  with its terms,
subject to limitations  on  enforcement  by general  principles of equity and by
bankruptcy  or  other  laws  affecting  the  enforcement  of  creditors'  rights
generally,  and MWEX and Seller have  complete and  unrestricted  power to enter
into and, upon the  appropriate  approvals as required by law, to consummate the
transactions contemplated by this Agreement.

3.4 Neither the making of nor the  compliance  with the terms and  provisions of
this  Agreement and  consummation  of the  transactions  contemplated  herein by
Seller or MWEX will  conflict  with or  result in a breach or  violation  of the
Articles of  Incorporation  or Bylaws of MWEX, or of any material  provisions of
any indenture, mortgage, deed of trust or other material agreement or instrument
to which MWEX or Seller are a party,  or of any  material  provision of any law,
statute, rule, regulation,  or any existing applicable decree, judgment or order
by any court, federal or state regulatory body,  administrative agency, or other
governmental  body  having  jurisdiction  over  MWEX  or  Seller,  or any of its
material  properties or assets,  or will result in the creation or imposition of
any material lien, charge or encumbrance upon any material property or assets of
MWEX  pursuant to the terms of any  agreement or  instrument  to which MWEX is a
party or by which MWEX may be bound or to which any of MWEX  property is subject
and no event has  occurred  with which  lapse of time or action by a third party
could result in a material breach or violation of or default by MWEX.

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3.5 There is no claim, legal action, arbitration,  governmental investigation or
other legal or administrative  proceeding,  nor any order, decree or judgment in
progress,  pending or in effect, or to the best knowledge of the MWEX threatened
against or relating to MWEX or affecting any of its assets, properties, business
or capital  stock.  There is no  continuing  order,  injunction or decree of any
court, arbitrator or governmental authority to which MWEX is a party or by which
MWEX or its assets, properties, business or capital stock are bound.

3.6 MWEX has  accurately  prepared  and filed all  federal,  state and other tax
returns  required by law,  domestic and foreign,  to be filed by it, has paid or
made  provisions for the payment of all taxes shown to be due and all additional
assessments,  and  adequate  provisions  have  been  and  are  reflected  in the
financial  statements  of MWEX for all current  taxes and other charges to which
MWEX is subject and which are not currently due and payable. None of the Federal
income tax returns of MWEX have been audited by the Internal  Revenue Service or
other foreign  governmental tax agency.  MWEX has no knowledge of any additional
assessments,  adjustments or contingent tax liability (whether federal or state)
pending or threatened against MWEX for any period, nor of any basis for any such
assessment, adjustment or contingency.

3.8 MWEX has delivered to Buyer audited financial  statements dated December 31,
2004. All such statements,  herein sometimes called "MWEX Financial  Statements"
are complete and correct in all material  respects and,  together with the notes
to these financial statements, present fairly the financial position and results
of operations  of MWEX for the periods  indicated.  All financial  statements of
MWEX have  been  prepared  in  accordance  with  generally  accepted  accounting
principles.

3.9 As of the date hereof,  MWEX,  represents and warrants that all  outstanding
indebtedness of MWEX is as shown on the financial  statements  (except for legal
and  accounting  services  related to this  transaction)  and all such scheduled
indebtedness, if any, which will be the sole responsibility of MWEX and shall be
paid by MWEX at the Closing hereunder.

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3.10 Since the dates of the MWEX Financial  Statements,  there have not been any
material  adverse changes in the business or condition,  financial or otherwise,
of MWEX. MWEX does not have any liabilities, commitments or obligations, secured
or unsecured except as shown on updated financials  (whether accrued,  absolute,
contingent or otherwise), and which shall be fully paid at the closing.

3.11 MWEX is not a party to any contract performable in the future.

3.12 The representations and warranties of the MWEX shall be true and correct as
of the date hereof.

3.13 MWEX shall  deliver to Buyer,  all of its  corporate  books and  records at
closing.

3.14 MWEX has no  employee  benefit  plan in effect  at this  time,  and no open
benefits or stock options or warrants are outstanding as of date hereof.

3.15 No representation or warranty by MWEX in this Agreement, or any certificate
delivered  pursuant hereto  contains any untrue  statement of a material fact or
omits to state  any  material  fact  necessary  to make such  representation  or
warranty not misleading.

3.16 Buyer has received  copies of Form 10KSB as filed with the  Securities  and
Exchange Commission ("SEC") which include audits for the year ended December 31,
2004 and each of its other  reports to  shareholders  filed with the SEC through
the period  ended  December 31, 2004.  MWEX is a  registered  company  under the
Securities Exchange Act of 1934, as amended.

3.17  MWEX has filed  reports  required  to be filed by it under the  Securities
Exchange  Act of 1934,  as  amended  (the  "Federal  Securities  Laws".) No such
reports, or any reports sent to the shareholders of MWEX generally contained any
untrue statement of material fact or omitted to state any material fact required
to be stated  therein or necessary  to make the  statements  in such report,  in
light of the circumstances under which they were made, not misleading.

3.18 The Buyer has not received any general  solicitation or general advertising
regarding the shares of MWEX's common stock.

3.20 There have been no material changes, debts, or liabilities incurred by MWEX
since the date of 10KSB for  December  31,  2004,  or since then to date  hereof
except a Pioneer assessment for unitizing,  which shall be assumed and paid by a
purchaser, RAD Enterprises, Inc. who wishes to purchase the mineral leases

3.21 Buyer will receive a good standing certificate from the State of New Mexico
and an updated Shareholders List at the time of closing.

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                                   ARTICLE IV

                        Termination of Representation and
               Warranties and Certain Agreements; Indemnification

4.1 Any legal action or proceeding with respect to this Agreement or any matters
arising  out  of or in  connection  with  this  Agreement  or  the  transactions
contemplated  hereby or the  documents  executed  and  delivered  in  connection
herewith,  and any action for enforcement of any judgment in respect thereof may
be brought  in the courts of the State of New Mexico or of the United  States of
America for the District of New Mexico,  and, by execution  and delivery of this
Agreement,  the  parties  each  hereby  accepts for itself and in respect of its
property,  generally  and  unconditionally,  the  jurisdiction  of the aforesaid
courts and appellate courts thereof.  The parties irrevocably consent to service
of  process  out of any of the  aforementioned  courts  in any  such  action  or
proceeding in accordance  with the notice  provisions  set forth in Section 9.5.
The  parties  each hereby  irrevocably  waive any  objection  that it may now or
hereafter  have to the  laying  of  venue  of any of the  aforesaid  actions  or
proceedings  arising  out  of  or in  connection  with  this  Agreement  or  the
transactions  contemplated  hereby or the  documents  execute and  delivered  in
connection  herewith  brought in the courts referred to above and hereby further
irrevocably  waive and agree, to the extent  permitted by applicable law, not to
plead or claim in any such court that any such action or  proceeding  brought in
any such court has been brought in an inconvenient  forum.  Nothing herein shall
affect  the  right of any  party  hereto to serve  process  in any other  manner
permitted by law.

                                   ARTICLE V

                              Procedure for Closing

5.1 At the  Closing  Date,  the  purchase  and sale shall be  consummated  after
satisfaction  of all  conditions  precedent  set forth in Article  VI, by common
stock  certificates  for the  Purchase  Shares  of MWEX  being  delivered,  duly
executed by Seller,  for 400,000 shares of common stock to Escrow Agent, and the
delivery of the Consideration for share purchase to Escrow Agent from the Buyer,
together with delivery of all other items, agreements, stock powers, warranties,
and representations set forth in this Agreement.

5.2 Escrow Agent for  transaction is Michael A. Littman  Attorney,  7609 Ralston
Road,  Arvada,  CO 80002.  Funds from Share Purchase proceeds shall be disbursed
from Escrow to Seller.

                                   ARTICLE VI

                           Conditions Precedent to the
                          Consummation of the Purchase

         The  following  are  conditions  precedent to the  consummation  of the
Agreement on or before the Closing Date:

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6.1  Seller  and Buyer  shall  have  performed  and  complied  with all of their
respective  obligations  hereunder which are to be complied with or performed on
or before the Closing Date.

6.2 No action,  suit or proceeding shall have been instituted or shall have been
threatened  before  any  court  or  other  governmental  body  or by any  public
authority to restrain,  enjoin or prohibit the transactions contemplated herein,
or which might subject any of the parties hereto or their  directors or officers
to any material liability,  fine,  forfeiture or penalty on the grounds that the
transactions  contemplated  hereby,  the parties  hereto or their  directors  or
officers, have violated any applicable law or regulation or have otherwise acted
improperly in connection  with the  transactions  contemplated  hereby,  and the
parties  hereto  have been  advised  by  counsel  that,  in the  opinion of such
counsel,  such action, suit or proceeding raises substantial questions of law or
fact which could  reasonably  be decided  adversely  to any party  hereto or its
directors or officers.

6.3 The representations and warranties made by MWEX and Seller in this Agreement
shall be true as though such  representations  and  warranties  had been made or
given  on  and  as  of  the  Closing  Date,  except  to  the  extent  that  such
representations  and  warranties  may be  untrue on and as of the  Closing  Date
because of changes  caused by  transactions  suggested or approved in writing by
the Buyer.

                                   ARTICLE VII

                           Termination and Abandonment

7.1 Anything  contained in this Agreement to the contrary  notwithstanding,  the
Agreement may be terminated and abandoned at any time prior to or on the Closing
Date:

         (a)      By mutual consent of parties;

         (b)      By any  party,  if any  condition  set  forth  in  Article  VI
                  relating  to the other  party has not been met or has not been
                  waived;

         (c)      By MWEX or Buyer,  if any suit,  action,  or other  proceeding
                  shall be  pending  or  threatened  by the  federal  or a state
                  government  before any court or governmental  agency, in which
                  it is sought to restrain,  prohibit,  or otherwise  affect the
                  consummation of the transactions contemplated hereby;

         (d)      By MWEX or Buyer,  if there is discovered any material  error,
                  misstatement or omission in the representations and warranties
                  of another party; or

         (e)      By Seller,  if the Closing does not occur,  through no failure
                  to act by MWEX,  on May 5, 2005,  or if Buyer fails to deliver
                  the consideration required herein.

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7.2 Any of the terms or conditions  of this  Agreement may be waived at any time
by the party which is entitled to the benefit  thereof,  by action  taken by its
Board of Directors provided;  however,  that such action shall be taken only if,
in the  judgment of the Board of Directors  taking the action,  such waiver will
not have a  materially  adverse  effect  on the  benefits  intended  under  this
Agreement to the party waiving such term or condition.

                                  ARTICLE VIII

                         Continuing Representations and
                            Warranties and Covenants

8.1 The  respective  representations,  warranties,  and covenants of the parties
hereto and the  covenants  and  agreements  of the parties  hereto shall survive
after the closing under this Agreement in accordance with the terms thereof.

8.2 There are no representations whatsoever about any matter relating to MWEX or
any item  contained  in this  Agreement,  except as is  contained in the express
language of this Agreement.

                                   ARTICLE IX

                                  Miscellaneous

9.1 This Agreement embodies the entire agreement between the parties,  and there
have been and are no agreements, representations or warranties among the parties
other than those set forth herein or those  provided  for herein,  except that a
companion document, the Reorganization Agreement, has been executed concurrently
which contains numerous warranties and representations.

9.2 To facilitate the execution of this  Agreement,  any number of  counterparts
hereof  may be  executed,  and each  such  counterpart  shall be deemed to be an
original instrument, but all such counterparts together shall constitute but one
instrument.

9.3 All  parties  to  this  Agreement  agree  that if it  becomes  necessary  or
desirable to execute further instruments or to make such other assurances as are
deemed  necessary,  the party  requested  to do so will use its best  efforts to
provide such executed  instruments or do all things necessary or proper to carry
out the purpose of this Agreement.

9.4 This Agreement may not be amended except by written consent of both parties.

9.5 Any  notices,  requests,  or  other  communications  required  or  permitted
hereunder shall be delivered  personally or sent by overnight  courier  service,
prepaid, addressed as follows:

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To MWEX:          Mountains West Exploration, Inc.
                  c/o 7609 Ralston Road
                  Arvada, CO 80002

To Seller:        Skye Blue Ventures LLC
                  2000 Wadsworth Blvd., #179
                  Lakewood, CO 80214

To Buyer:         Sky Rider Energy, LLC

or such other  addresses as shall be furnished in writing by any party,  and any
such notice or  communication  shall be deemed to have been given as of the date
received.

9.6 No  press  release  or  public  statement  will be  issued  relating  to the
transactions  contemplated by this Agreement without prior approval of the Buyer
and MWEX. However,  MWEX may issue at any time any press release or other public
statement  it believes on the advice of its counsel it is  obligated to issue to
avoid  liability  under the law relating to  disclosures,  but the party issuing
such press release or public  statement  shall make a reasonable  effort to give
the other party prior notice of and  opportunity  to participate in such release
or statement.

9.7 This  Agreement  shall be governed by and construed in  accordance  with and
enforced  under the laws of the state of Colorado  applicable to all  agreements
made hereunder.  Venue and jurisdiction for any legal actions hereunder shall be
District Court in and for Jefferson County, Colorado.

9.8 In  connection  with this  Agreement  the Buyers have  appointed  Michael A.
Littman, Esq. as their Escrow Agent to do the following:

1)       Transmit  the  purchase  price of  $225,000 to Seller  concurrent  with
         delivery to Michael A. Littman of the shares  (400,000) being purchased
         herein

2)       Accept the common  stock  certificates  of MWEX from  Seller  with duly
         signed and guaranteed signatures for 400,000 common shares for delivery
         to Buyer and,

3)       Transmit by Federal Express the stock certificates to buyer pursuant to
         its instruction: ____________

4)       In the event of default in delivery of cash or  certificates by a party
         under this agreement,  any cash or certificates received from the other
         party shall be returned to the  remitting  party 3 business  days after
         default.

5)       Escrow Agent is  specifically  indemnified and held harmless hereby for
         its actions or inactions in following these instructions.  In the event
         of a dispute involving the escrow  instructions or the consideration to
         be delivered in escrow,  the Escrow Agent is  authorized to implead the
         consideration  received  into the District  Court of  Jefferson  County
         Colorado upon ten days written  notice,  and be relieved of any further
         escrow duties thereupon.  Any and all costs of attorneys fees and legal
         actions of Escrow Agent for any dispute  resolution or impleader action
         shall be paid in equal shares by the parties to this agreement.

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9.10 MWEX agrees to appoint the buyer's  designee as  President,  and Denis Iler
shall immediately resign as the President of MWEX, upon closing.  MWEX agrees to
execute  minutes  appointing  three  buyer's  designee(s)  as  directors of MWEX
concurrent  with the closing  hereunder.  Buyer  shall  provide the names of the
appointees  for  officers  as soon as the  Buyer  wishes  to  have  the  persons
appointed to the offices.  MWEXs' current  directors  shall resign  effective 10
days after mailing of Notice to Shareholders pursuant to Section 14f.

         IN WITNESS WHEREOF,  the parties have executed this Agreement this 28th
day of April, 2005.

         Seller:
         Skye Blue Ventures LLC                 Mountains West Exploration, Inc.
         A Colorado Limited                     a New Mexico Corporation
         Liability Corporation
                                                By: /s/Denis Iler
         By: /s/Denis Iler                      Name: Denis Iler
         Name: Denis Iler                       Title: President
         Title: Manager

                                                 BUYER:

                                                 Sky Rider Energy, LLC

                                                 By:/s/G. Roland Carey
                                                 Name: G. Roland Carey
                                                 Title: Manager

                                       9EXHIBIT 10.2

<PAGE>

                          AGREEMENT AND PLAN OF MERGER

                                 BY AND BETWEEN

                        MOUNTAINS WEST EXPLORATION, INC.,

                                     MW Co,

                              SUPERIOR ENERGY LLC,

                           a Limited Liability Company

                                 April 28, 2005

<PAGE>

                                TABLE OF CONTENTS

ARTICLE I             Definitions..............................................1

ARTICLE II            Transactions; Terms of Merger;
                      Manner of Converting Shares..............................5

         2.1      Merger.......................................................5

         2.2      Time and Place of Closing....................................5

         2.3      Effective Time...............................................5

         2.4      Charter......................................................5

         2.5      Bylaws.......................................................5

         2.6      Directors and Officers.......................................5

         2.7      Conversion of Shares.........................................5

         2.8      Exchange of Shares...........................................6

         2.9      Rights of Former Superior Stockholders.......................6

         2.10     Legending of Shares..........................................7

         2.11     Fractional Shares............................................7

         2.12     Lost, Stolen or Destroyed Certificates.......................7

ARTICLE III           Representations and Warranties of MWEX, PURCHASER and
                       THE MWEX Insiders.......................................7

         3.1      Organization; Standing and Power.............................7

         3.2      Authorization; Enforceability................................8

         3.3      No Violation or Conflict.....................................8

         3.4      Consents of Governmental Authorities and Others..............8

         3.5      Conduct of Business..........................................9

         3.6      Litigation...................................................9

         3.7      Brokers......................................................9

         3.8      Compliance..................................................10

         3.9      Charter, Bylaws and Corporate Records.......................10

         3.10     Subsidiaries and Investments................................10

         3.11     Capitalization..............................................10

         3.12     Rights, Warrants, Options...................................11
<PAGE>

         3.13     Commission Filings and Financial Statements.................11

         3.14     Absence of Undisclosed Liabilities..........................11

         3.15     Real Property...............................................11

         3.16     List of Accounts and Proxies................................12

         3.17     Personnel...................................................12

         3.18     Employment Agreements and Employee Benefit Plans............12

         3.19     Tax Matters.................................................13

         3.20     Material Agreements.........................................13

         3.21     Guaranties..................................................14

         3.22     Environmental Matters.......................................14

         3.23     Absence of Certain Business Practices.......................14

         3.24     Disclosure..................................................15

ARTICLE IV            Representations and Warranties of Superior..............15

         4.1      Organization................................................15

         4.2      Authorization; Enforceability...............................15

         4.3      No Violation or Conflict....................................16

         4.4      Consents of Governmental Authorities and Others.............16

         4.5      Brokers.....................................................16

         4.6      Charter, Bylaws and Corporate Records.......................16

         4.7      Subsidiaries and Investments................................16

         4.8      Capitalization..............................................16

         4.9      Rights, Warrants, Options...................................17

ARTICLE V             Additional Agreements...................................17

         5.1      Survival of the Representations and Warranties..............17

         5.2      Investigation...............................................17

         5.3      Indemnification.............................................17

         5.4      Indemnity Procedure.........................................18

         5.5      General Release.............................................19

<PAGE>

ARTICLE VI            Closing; Deliveries; Conditions Precedent...............19

         6.1      Closing; Effective Date.....................................19

         6.2      Deliveries..................................................20

         6.3      Conditions Precedent to the Obligations of Superior.........21

         6.4      Conditions Precedent to the Obligations of MWEX.............23

         6.5      Best Efforts................................................23

         6.6      Termination.................................................23

ARTICLE VII           Covenants...............................................24

         7.1      General Confidentiality.....................................24

         7.2      Continuing Obligations......................................25

         7.3      Satisfaction of Certain Outstanding Payables................25

         7.4      Tax Matters.................................................25

ARTICLE VIII          Miscellaneous...........................................25

         8.1      Notices.....................................................25

         8.2      Entire Agreement; Incorporation.............................26

         8.3      Binding Effect..............................................27

         8.4      Assignment..................................................27

         8.5      Waiver and Amendment........................................27

         8.6      No Third Party Beneficiary..................................27

         8.7      Severability................................................27

         8.8      Expenses....................................................27

         8.9      Headings....................................................28

         8.10     Other Remedies; Injunctive Relief...........................28

         8.11     Counterparts................................................28

         8.12     Remedies Exclusive..........................................28

         8.13     Jurisdiction and Venue......................................28

         8.14     Participation of Parties....................................28

         8.15     Further Assurances..........................................29

         8.16     Publicity...................................................29

<PAGE>

                          AGREEMENT AND PLAN OF MERGER

         AGREEMENT AND PLAN OF MERGER (the  "Agreement"),  dated as of April __,
2005, by and among Superior  Energy LLC, a Delaware  Limited  Liability  Company
("Superior  Energy  LLC");  MOUNTAINS  WEST  EXPLORATION,  INC.,  a  New  Mexico
corporation  ("MWEX");  MWEX (as  defined  in  Article  I) and MW Co, a Colorado
corporation (the "Purchaser").

                              W I T N E S S E T H:

                                    Preamble

         The respective Boards of Directors of Superior,  MWEX and Purchaser are
of the opinion that the transactions  described herein are in the best interests
of the  parties  to this  Agreement  and  their  respective  stockholders.  This
Agreement  provides  for the  acquisition  of Superior  by MWEX  pursuant to the
merger of Purchaser  with Superior.  At the effective  time of such merger,  the
outstanding  shares of the capital stock of Superior shall be converted into the
right  to  receive  shares  of the  common  stock  of  MWEX.  As a  result,  the
stockholders  of Superior shall become  stockholders  of MWEX and Superior shall
continue to conduct its business and operations as a wholly owned  subsidiary of
MWEX.  The  transactions   described  in  this  Agreement  are  subject  to  the
satisfaction of certain other conditions described in this Agreement.  It is the
intention of the parties to this  Agreement  that the Merger for federal  income
tax purposes shall qualify as a  "reorganization"  within the meaning of Section
368(a) of the Code.

         NOW,   THEREFORE,   in  consideration  of  the  above  and  the  mutual
warranties,  representations,  covenants,  and agreements set forth herein,  the
parties agree as follows:

                                   ARTICLE I

                                   Definitions

         In addition to terms defined elsewhere in this Agreement, the following
terms when used in this Agreement shall have the meanings indicated below:

         "Affiliate"  shall mean with respect to a specified  Person,  any other
Person  which,  directly  or  indirectly  through  one or  more  intermediaries,
controls or is  controlled by or is under common  control with such Person,  and
without  limiting the generality of the foregoing,  includes,  with respect to a
Person (a) any other Person which  beneficially  owns or holds ten percent (10%)
or more of any class of voting  securities or other securities  convertible into
voting securities of such Person or beneficially owns or holds ten percent (10%)
or more of any other equity interests in such Person,  (b) any other Person with
respect to which such Person  beneficially  owns or holds ten  percent  (10%) or
more of any class of voting  securities  or other  securities  convertible  into
voting  securities of such Person, or owns or holds ten percent (10%) or more of
the equity interests of the other Person, and (c) any director or senior officer

                                       1
<PAGE>

of such Person. For purposes of this definition,  the term "control" (including,
with correlative  meanings,  the terms "controlled by" and "under common control
with"),  as used with respect to any Person,  means the possession,  directly or
indirectly,  of the power to direct or cause the direction of the management and
policies of such Person,  whether through the ownership of voting  securities or
by contract or otherwise.

     "Agreement"  shall mean this Agreement and Plan of Merger together with all
exhibits and  schedules  referred to herein,  which  exhibits and  schedules are
incorporated herein and made a part hereof.

     "Certificates" shall have the meaning set forth in Section 2.8.

     "Closing" shall have the meaning set forth in Section 2.2.

     "Closing Date" shall mean the date that the Closing takes place.

     "Code" shall mean the Internal Revenue Code of 1986, as amended.

     "Commission"   shall  mean  the  United  States   Securities  and  Exchange
Commission.

     "Consideration Shares" shall have the meaning set forth in Section 2.7(c).

     "Effective Time" shall have the meaning set forth in Section 2.3.

     "Employee Benefit Plans" shall have the meaning set forth in Section 3.18.

     "Environmental Laws" shall have the meaning set forth in Section 3.22.

     "ERISA" shall have the meaning set forth in Section 3.18.

     "Exchange Ratio" shall have the meaning set forth in Section 2.7(c).

     "Financial Statements of MWEX" shall mean (i) the audited balance sheet and
the audited  statements of income,  cash flow and retained  earnings of MWEX for
the twelve (12) month  period  ended  December  31,  2004,  and (ii) the audited
balance  sheet and the  audited  statements  of income,  cash flow and  retained
earnings of MWEX for the fiscal year ended July 31, 2004, including in each such
case any related notes,  each prepared  according to GAAP  consistently  applied
with prior periods, except as set forth on Schedule 3.13.

     "GAAP" shall have the meaning set forth in Section 3.13.

     "Guaranty" shall mean, as to any Person,  all liabilities or obligations of
such Person,  with respect to any indebtedness or other obligations of any other
Person,  which have been  guaranteed,  directly or indirectly,  in any manner by
such Person,  through an agreement,  contingent  or otherwise,  to purchase such
indebtedness  or  obligation,  or to  purchase  or sell  property  or  services,
primarily  for the  purpose  of  enabling  the  debtor to make  payment  of such

                                       2
<PAGE>

indebtedness  or  obligation  or to  guarantee  the payment to the owner of such
indebtedness or obligation  against loss, or to supply funds to or in any manner
invest in the debtor.

     "Indemnified Party" shall have the meaning set forth in Section 5.4.

     "Indemnifying Party" shall have the meaning set forth in Section 5.4.

     "Intellectual  Property"  shall mean the rights to any  patent,  trademark,
copyright,  service mark,  invention,  software,  software  code,  trade secret,
technology, product, composition, formula, method or process.

     "Investments"  shall mean, with respect to any Person, all advances,  loans
or extensions of credit to any other Person  (except for extensions of credit to
customers in the ordinary  course of business),  all purchases or commitments to
purchase any stock,  bonds,  notes,  debentures or other securities of any other
Person, and any other investment in any other Person,  including partnerships or
joint ventures  (whether by capital  contribution or otherwise) or other similar
arrangement  (whether  written  or oral)  with any  Person,  including,  but not
limited to, arrangements in which (i) the first Person shares profits and losses
of the other  Person,  (ii) any such other  Person has the right to  obligate or
bind the first  Person  to any third  party,  or (iii) the first  Person  may be
wholly or partially  liable for the debts or  obligations  of such  partnership,
joint venture or other entity.

     "Knowledge"  shall  mean,  in the case of any Person who is an  individual,
knowledge that a reasonable  individual under similar  circumstances  would have
after such  investigation and inquiry as such reasonable  individual would under
such  similar  circumstances  make,  and in the case of a Person  other  than an
individual,  the knowledge that a senior officer or director of such Person,  or
any other Person having  responsibility  for the  particular  subject  matter at
issue of such Person,  would have after such  investigation  and inquiry as such
senior  officer,  director  or  responsible  Person  would  under  such  similar
circumstances make.

     "Law" and "Laws" shall have the meaning set forth in Section 3.19.

     "Liabilities" shall have the meaning set forth in Section 3.14.

     "Litigation" shall have the meaning set forth in Section 3.6.

     "Material  Adverse  Effect"  shall  mean  any  event  or  condition  of any
character  which has had or could  reasonably  be  expected  to have a  material
adverse effect on the condition (financial or otherwise), results of operations,
assets, liabilities,  properties,  business or prospects of MWEX or Superior, as
applicable.

     "Material  MWEX  Agreements"  shall have the  meaning  set forth in Section
3.20.

     "Merger" shall have the meaning set forth in Section 2.1.

     "Merger Consideration" shall have the meaning set forth in Section 2.7(c).

                                       3
<PAGE>

     "Outstanding MWEX Common Stock" shall have the meaning set forth in Section
3.11.

     "Outstanding Superior Interest" shall have the meaning set forth in Section
4.8.

     "Periodic Reports" shall have the meaning set forth in Section 3.13.

     "Person"  shall  mean  any  natural  person,  corporation,   unincorporated
organization,  partnership,  association, limited liability company, joint stock
company,  joint  venture,  trust  or  government,  or any  agency  or  political
subdivision of any government or any other entity.

     "Purchaser" shall mean MW Co, a Colorado corporation.

     "Purchaser Documents" shall have the meaning set forth in Section 3.2.

     "Superior"  shall mean Superior  Energy LLC, a Delaware  Limited  Liability
Company.

     "Superior Interest" shall have the meaning set forth in Section 4.8.

     "Securities Act" shall mean the Securities Act of 1933, as amended.

     "Subsidiary"  of  any  Person  shall  mean  any  Person,   whether  or  not
capitalized,  in which such  Person  owns,  directly  or  indirectly,  an equity
interest  of more  than  fifty  percent  (50%),  or  which  may  effectively  be
controlled, directly or indirectly, by such Person.

     "Surviving  Corporation"  shall mean Superior as the surviving  corporation
resulting from the Merger with Purchaser

     "Tax" and "Taxes" shall have the meaning set forth in Section 3.19.

     "Tax Returns" shall have the meaning set forth in Section 3.19.

     "MWEX"  shall  mean   Mountain  West   Exploration,   Inc.,  a  New  Mexico
corporation.

     "MWEX Common Stock" shall mean the shares of common stock, no par value per
share, of MWEX, as further described in Section 3.11.

     "MWEX Insiders" shall mean Skye Blue Ventures LLC.

     "MWEX Leased Property" shall have the meaning set forth in Section 3.15.

     "MWEX Leases" shall have the meaning set forth in Section 3.15.

     "Transaction" shall have the meaning set forth in Section 2.1.

                                       4
<PAGE>

         The words  "hereof",  "herein" and "hereunder" and the words of similar
import  shall  refer  to this  Agreement  as a whole  and not to any  particular
provision of this  Agreement.  The terms  defined in the  singular  shall have a
comparable meaning when used in the plural and vice versa.

                                   ARTICLE II

           Transactions; Terms of Merger; Manner of Converting Shares

         2.1 Merger.  Subject to the terms and conditions of this Agreement,  at
the Effective  Time,  Purchaser shall be merged with Superior in accordance with
the  provisions  of the Laws of the State of Colorado  and Delaware and with the
effect  provided  for therein  (the  "Merger").  As a result of the Merger,  the
separate  corporate  existence of Purchaser  and Superior  shall cease and MW Co
shall be the Surviving  Corporation  resulting from the Merger renamed  Superior
Energy Co. and shall become a wholly owned Subsidiary of MWEX and shall continue
to be  governed  by the  laws of the  State of  Colorado.  The  Merger  shall be
consummated pursuant to the terms of this Agreement, which has been approved and
adopted by the respective  Boards of Directors of Superior,  Purchaser and MWEX,
by MWEX, as the sole  stockholder of Purchaser,  and by the interest  holders of
Superior Energy LLC.  Superior shall convert from a limited liability company at
or prior to closing to a corporation.

         2.2  Time  and  Place  of  Closing.  The  closing  of the  transactions
contemplated  hereby (the  "Closing")  will take place at 10:00 A.M. on the date
that the  Effective  Time  occurs or at such other time as the  parties,  acting
through their authorized officers, may mutually agree. The Closing shall be held
at the offices of Michael A. Littman, 7609 Ralston Road, Arvada, CO 80002, or at
such other location as may be mutually agreed upon by the parties.

         2.3 Effective Time. The Merger and other  transactions  contemplated by
this  Agreement  shall  become  effective  on  the  date  and at  the  time  the
Certificate  of Merger  reflecting  the Merger shall become  effective  with the
Secretary  of State of the  States of  Colorado  and  Delaware  (the  "Effective
Time").

         2.4 Charter.  The  Certificate of  Incorporation  of Superior in effect
immediately   prior  to  the  Effective   Time  shall  be  the   Certificate  of
Incorporation of the Surviving Corporation of the merging corporation until duly
amended or repealed.

         2.5 Bylaws.  The Bylaws of Superior in effect  immediately prior to the
Effective  Time  shall be the  Bylaws of the  Surviving  Corporation  until duly
amended or repealed.

         2.6  Directors  and  Officers.  The  directors  of  Superior  in office
immediately prior to the Effective Time,  together with such additional  Persons
as may  thereafter  be elected,  shall serve as the  directors of the  Surviving
Corporation  from and after the Effective Time in accordance  with the Bylaws of
the Surviving Corporation.  The officers of Superior in office immediately prior
to the Effective Time,  together with such additional  Persons as may thereafter
be elected,  shall serve as the officers of the Surviving  Corporation  from and
after  the  Effective  Time in  accordance  with  the  Bylaws  of the  Surviving
Corporation.

                                       5

<PAGE>

         2.7 Conversion of Shares. Subject to the provisions of this Article II,
at the  Effective  Time,  by virtue of the Merger and  without any action on the
part of MWEX, Superior or Purchaser or the stockholders of any of the foregoing,
the shares of the constituent corporations shall be converted as follows:

                  (a) Each share of capital stock of MWEX issued and outstanding
immediately prior to the Effective Time shall remain issued and outstanding from
and after the Effective Time.

                  (b)  Each  share  of  Purchaser's   Common  Stock  issued  and
outstanding   immediately  prior  to  the  Effective  Time  shall  cease  to  be
outstanding  and  shall be  converted  into one  share  of  Common  Stock of the
Surviving Corporation.

                  (c)  Each  share  of   Superior's   Common  Stock  issued  and
outstanding   immediately  prior  to  the  Effective  Time  shall  cease  to  be
outstanding  and shall be converted  into and exchanged for the right to receive
18,000,000 shares of Common  Stock of MWEX,  as  adjusted  to reflect  fully the
effect of any stock split,  reverse stock split,  stock dividend  (including any
dividend or distribution of securities  convertible  into common stock of MWEX),
as the case may be,  occurring  after the date hereof and prior to the Effective
Date (the "Exchange  Ratio")  (hereinafter such MWEX shares shall be referred to
as the "Consideration Shares" or the "Merger Consideration").  The Consideration
Shares  shall,  upon  issuance and delivery to the  stockholders  of Superior in
accordance   with  the  terms  hereof,   be  fully  paid,   validly  issued  and
non-assessable,  but shall not be registered securities under the Securities Act
of 1933,  as amended,  (the  "Securities  Act")  pursuant  to a valid  exemption
thereunder.

         2.8 Exchange of Shares.  At the Closing,  the  stockholders of Superior
shall surrender each  certificate or certificates  which  represented  shares of
Superior's   Common  Stock   immediately   prior  to  the  Effective  Time  (the
"Certificates")  and shall promptly upon surrender  thereof  receive in exchange
therefor  the number of whole  Consideration  Shares  issuable in respect of all
shares of Superior's Common Stock held by such Superior  stockholder (rounded to
the nearest share).  MWEX shall not be obligated to deliver the consideration to
which a Superior  stockholder  is entitled as a result of the Merger  until such
Person  surrenders its Certificate or  Certificates  for exchange as provided in
this Section 2.8. Any other provision of this Agreement notwithstanding, neither
MWEX nor the  Surviving  Corporation  shall be liable to a holder of  Superior's
Common  Stock for any  amounts  paid or  property  delivered  in good faith to a
public  official  pursuant  to any  applicable  abandoned  property,  escheat or
similar law.

         2.9 Rights of Former Superior Stockholders.  At the Effective Time, the
stock  transfer  books of  Superior  shall be closed as to holders  of  Superior
Common Stock immediately prior to the Effective Time and no transfer of Superior
Common Stock by any such holder shall  thereafter be made or  recognized.  Until
surrendered  for exchange in accordance with the provisions of Section 2.8, each
Certificate theretofore  representing shares of Superior Common Stock shall from
and  after the  Effective  Time  represent  for all  purposes  only the right to
receive the consideration provided in Section 2.7 in exchange therefor. Whenever
a dividend or other  distribution  is declared by MWEX on the MWEX Common Stock,
the record date for which is at or after the  Effective  Time,  the  declaration

                                       6
<PAGE>

shall  include  dividends  or other  distributions  on all shares of MWEX Common
Stock issuable pursuant to this Agreement, but no dividend or other distribution
payable to the holders of record of MWEX Common Stock as of any time  subsequent
to the Effective Time shall be delivered to the holder of any Certificate  until
such holder surrenders such Certificate for exchange as provided in Section 2.8.
However,  upon  surrender  of such  Certificate,  both  the  MWEX  Common  Stock
certificate (together with all such undelivered dividends or other distributions
without  interest)  and any  undelivered  dividends  payable in respect  thereof
(without  interest)  shall be  delivered  and paid with  respect  to each  share
represented by such Certificate.

         2.10 Legending of Securities. Each certificate for MWEX Common Stock to
be issued to the Superior stockholders as part of the Merger Consideration shall
bear substantially the following legend:

         "THE SHARES  REPRESENTED BY THIS  CERTIFICATE  HAVE NOT BEEN REGISTERED
UNDER THE SECURITIES  ACT OF 1933, OR ANY STATE  SECURITIES  LAWS.  THESE SHARES
HAVE BEEN  ACQUIRED  FOR  INVESTMENT  AND MAY NOT BE  OFFERED,  SOLD,  ASSIGNED,
TRANSFERRED,   PLEDGED.   OR   HYPOTHECATED  IN  THE  ABSENCE  OF  AN  EFFECTIVE
REGISTRATION  STATEMENT  UNDER  SAID  ACT OR  LAWS,  OR AN  OPINION  OF  COUNSEL
SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT, IN THE CIRCUMSTANCES,
REQUIRED UNDER SAID ACT".

         2.11  Fractional  Shares.  Notwithstanding  any other provision of this
Agreement,  if the  Sellers  would  otherwise  have been  entitled  to receive a
fraction  of a share  of MWEX  Common  Stock  (after  taking  into  account  all
certificates  delivered  by the  Superior  stockholders),  the  number of shares
issuable  to the  Superior  stockholder  shall be  rounded  up to the next whole
number.

         2.12  Lost,  Stolen or  Destroyed  Certificates.  In the event that any
Certificates  shall have been lost,  stolen or destroyed,  upon the making of an
affidavit of that fact by such Superior stockholder (setting forth the number of
shares of Superior  Common Stock  represented by such lost,  stolen or destroyed
Certificates), MWEX shall pay such Superior stockholder the Consideration Shares
to which such Superior stockholder is entitled.

                                   ARTICLE III

     Representations and Warranties of MWEX, Purchaser and the MWEX Insiders

         In  order to  induce  Superior  to enter  into  this  Agreement  and to
consummate the transactions  contemplated hereby, MWEX, Purchaser,  and the MWEX
Insiders  (as  defined  in Article I above),  jointly  and  severally,  make the
representations and warranties set forth below to Superior.

         3.1  Organization;  Standing  and  Power.  MWEX is a  corporation  duly
organized,  validly existing and in good standing under the laws of the State of
New Mexico.  Purchaser is a corporation duly organized,  validly existing and in
good standing under the laws of the State of Delaware.  MWEX, Purchaser and each

                                       7
<PAGE>

of the MWEX  Insiders has all requisite  right,  power and authority to execute,
deliver  and  perform  this  Agreement  and  to  consummate   the   transactions
contemplated  hereby.  MWEX and Purchaser  have all corporate  right,  power and
authority to own or lease and operate  their  properties,  and to conduct  their
business as  presently  conducted.  MWEX and  Purchaser  are duly  qualified  to
transact  business  as a  foreign  corporation  in all  jurisdictions  where the
ownership or leasing of their properties or the conduct of its business requires
such  qualification.  Each  jurisdiction  in  which  MWEX and  Purchaser  are so
qualified is listed on Schedule 3.1 hereto.

         3.2  Authorization;   Enforceability.   The  execution,   delivery  and
performance of this  Agreement by MWEX,  Purchaser and the MWEX Insiders and all
other agreements to be executed,  delivered and performed by MWEX, Purchaser and
the MWEX  Insiders  pursuant to this  Agreement  (collectively,  the  "Purchaser
Documents") and the consummation by MWEX, Purchaser and the MWEX Insiders of the
transactions  contemplated  hereby and thereby have been duly  authorized by all
requisite corporate or individual action on the part of MWEX,  Purchaser and the
MWEX Insiders,  as applicable.  This Agreement and the Purchaser  Documents have
been duly executed and delivered by MWEX,  Purchaser and the MWEX Insiders,  and
constitute the legal,  valid and binding  obligation of MWEX,  Purchaser and the
MWEX Insiders,  enforceable in accordance with their respective terms, except to
the  extent  that  their  enforcement  is  limited  by  bankruptcy,  insolvency,
reorganization  or other  laws  relating  to or  affecting  the  enforcement  of
creditors' rights generally and by general principles of equity.

         3.3 No Violation or Conflict.  The execution,  delivery and performance
of this  Agreement and the Purchaser  Documents by MWEX,  Purchaser and the MWEX
Insiders,  and the consummation by MWEX,  Purchaser and the MWEX Insiders of the
transactions  contemplated  hereby and  thereby:  (a) do not violate or conflict
with any provision of law or regulation  (whether  federal,  state or local), or
any writ, order or decree of any court or governmental or regulatory  authority,
or any provision of MWEX or Purchaser's Articles or Certificate of Incorporation
or Bylaws;  and (b) do not and will not,  with or without the passage of time or
the giving of notice,  result in the breach of, or  constitute  a default (or an
event that with notice or lapse of time or both would  become a default),  cause
the  acceleration  of  performance,  give to others  any  right of  termination,
amendment,  acceleration  or  cancellation  of or require any consent under,  or
result in the creation of any lien,  charge or encumbrance  upon any property or
assets of MWEX or  Purchaser  pursuant to any  instrument  or agreement to which
MWEX or Purchaser  is a party or by which MWEX or Purchaser or their  respective
properties may be bound or affected,  other than instruments or agreements as to
which consent shall have been obtained at or prior to the Closing, each of which
instruments or agreements is listed in Schedule 3.3 hereto.

         3.4  Consents  of  Governmental  Authorities  and  Others.  No consent,
approval, order or authorization of, or registration, declaration, qualification
or filing with any federal, state or local governmental or regulatory authority,
or any other  Person,  is  required  to be made by MWEX,  Purchaser  or the MWEX
Insiders in  connection  with the  execution,  delivery or  performance  of this
Agreement by MWEX,  Purchaser and the MWEX Insiders or the consummation by MWEX,
Purchaser and the MWEX Insiders of the transactions contemplated hereby.

                                       8
<PAGE>

         3.5 Conduct of  Business.  Except as  disclosed on Schedule 3.5 hereto,
since  December 31, 2004,  MWEX has conducted its businesses in the ordinary and
usual  course  consistent  with past  practices  and there has not  occurred any
adverse change in the condition (financial or otherwise), results of operations,
properties,  assets,  liabilities,  business or prospects  of MWEX,  and no such
change is threatened.  Without limiting the generality of the foregoing,  except
as disclosed on Schedule 3.6, since December 31, 2004, MWEX has not: (a) amended
its Articles of  Incorporation or Bylaws except as to a reverse split of one for
50 and  authorization  of a name change ; (b)  issued,  sold or  authorized  for
issuance  or sale,  shares of any class of its  securities  (including,  but not
limited to, by way of stock split or  dividend) or any  subscriptions,  options,
warrants,  rights or  convertible  securities or entered into any  agreements or
commitments of any character obligating it to issue or sell any such securities;
(c)  redeemed,  purchased or otherwise  acquired,  directly or  indirectly,  any
shares of its capital stock or any option, warrant or other right to purchase or
acquire any such capital  stock;  (d) suffered any damage,  destruction or loss,
whether  or not  covered  by  insurance,  which has had or could  reasonably  be
expected to have a Material  Adverse  Effect on any of its  properties,  assets,
business or  prospects;  (e) granted or made any mortgage or pledge or subjected
itself or any of its properties or assets to any lien,  charge or encumbrance of
any kind;  (f) made or committed to make any capital  expenditures  in excess of
$10,000;  (g) become  subject to any  Guaranty;  (h) granted any increase in the
compensation  payable or to become  payable to directors,  officers or employees
(including,  without  limitation,  any such  increase  pursuant to any severance
package,  bonus,  pension,  profit-sharing  or other  plan or  commitment);  (i)
entered into any agreement  which would be a Material  Agreement,  or amended or
terminated  any existing  Material  Agreement;  (j) been named as a party in any
Litigation,  or  become  the focus of any  investigation  by any  government  or
regulatory  agency or  authority;  (k)  declared  or paid any  dividend or other
distribution  with respect to its capital stock;  or (l)  experienced  any other
event or  condition  of any  character  which  has had or to  MWEX's or the MWEX
Insiders'  Knowledge,  could  reasonably be expected to have a Material  Adverse
Effect on MWEX.

         3.6 Litigation. There are no actions, suits, investigations,  claims or
proceedings  ("Litigation")  pending or, to the Knowledge of MWEX,  Purchaser or
any of the MWEX  Insiders,  threatened  before  any  court or by or  before  any
governmental  or  regulatory  authority or  arbitrator,  (a)  affecting  MWEX or
Purchaser (as plaintiff or defendant) or (b) against MWEX, Purchaser or the MWEX
Insiders  relating to MWEX's Common Stock or the  transactions  contemplated  by
this  Agreement  and there exist no facts or  circumstances  to the Knowledge of
MWEX,  Purchaser  or the MWEX  Insiders  creating any  reasonable  basis for the
institution of any Litigation against MWEX, Purchaser or the MWEX Insiders

         3.7 Brokers. None of MWEX, Purchaser nor the MWEX Insiders has employed
any broker or finder,  and none of them has incurred or will incur,  directly or
indirectly,  any  broker's,  finder's,   investment  banking  or  similar  fees,
commissions or expenses in connection with the transactions contemplated by this
Agreement or the Purchaser Documents.

         3.8 Compliance.  MWEX and Purchaser are in compliance with all federal,
state,  local and foreign laws,  ordinances,  regulations,  judgments,  rulings,

                                       9
<PAGE>

orders  and  other  requirements  applicable  to MWEX and  Purchaser  and  their
respective assets and properties,  including, without limitation, those relating
to (a) the registration and sale of the MWEX Common Stock, (b) the establishment
of a public trading market for the MWEX Common Stock, and (c) the public trading
of the MWEX Common  Stock.  MWEX and  Purchaser are not subject to any judicial,
governmental  or  administrative  inquiry,  investigation,  order,  judgment  or
decree.

         3.9 Charter, Bylaws and Corporate Records. A true, correct and complete
copy of (a) the Articles of Incorporation of MWEX and Purchaser,  as amended and
in effect on the date hereof,  (b) the Bylaws of MWEX and Purchaser,  as amended
and in effect on the date hereof, and (c) the minute books of MWEX and Purchaser
(containing all corporate  proceedings from the date of incorporation) have been
furnished  to  Superior.  Such  minute  books  contain  accurate  records of all
meetings and other  corporate  actions of the board of directors,  committees of
the board of directors,  incorporators  and  shareholders  of MWEX and Purchaser
from the date of its incorporation to the date hereof which were memorialized in
writing.  No  actions  have been  taken  since  the date of MWEX or  Purchaser's
incorporation that are not memorialized in writing.

         3.10   Subsidiaries  and  Investments.   Except  as  required  by  this
Agreement,  MWEX has no  Subsidiaries  or  Investments.  MWEX  owns one  hundred
percent (100%) of the issued and outstanding  capital stock of the Subsidiary MW
Co.

         3.11  Capitalization.  The authorized capital stock of MWEX consists of
50,000,000  shares of common  stock,  of which  1,000,000  shares are issued and
outstanding  (the  "Outstanding  MWEX Common Stock").  All shares of Outstanding
MWEX Common Stock have been duly authorized, are validly issued and outstanding,
and are fully paid and  non-assessable.  No  securities  issued by MWEX from the
date of its  incorporation  to the date hereof were issued in  violation  of any
statutory,  contractual or common law preemptive rights.  There are no dividends
which have accrued or been declared but are unpaid on the capital stock of MWEX.
All taxes required to be paid in connection  with the issuance and any transfers
of MWEX's capital stock have been paid. All permits or  authorizations  required
to be obtained from or registrations  required to be effected with any Person in
connection  with any and all  issuances of  securities  of MWEX from the date of
MWEX's  incorporation  to the date hereof have been obtained or effected and all
securities  of MWEX  have  been  issued  and are  held in  accordance  with  the
provisions of all  applicable  securities or other laws.  The  Outstanding  MWEX
Common  Stock   constitutes  one  hundred  percent  (100%)  of  the  issued  and
outstanding capital stock of MWEX. The Consideration Shares shall, upon issuance
and delivery to the Superior  stockholders  in accordance with the terms hereof,
be fully paid,  validly issued and  non-assessable,  but shall not be registered
securities  under the Securities Act of 1933.  There are no registration  rights
outstanding  which  relate to the  Outstanding  MWEX  Common  Stock and,  to the
Knowledge of MWEX and the MWEX Insiders,  there are no voting trusts, proxies or
other  agreements or  understandings  with respect to any equity security of any
class of MWEX or with respect to any equity  security,  partnership  interest or
similar ownership interest of any class of any of its Subsidiaries.

         3.12 Rights, Warrants, Options. There are no outstanding (a) securities
or instruments  convertible  into or exercisable for any of the capital stock or

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<PAGE>

other  equity   interests  of  MWEX  or   Purchaser;   (b)  options,   warrants,
subscriptions,  puts,  calls,  or other rights to acquire capital stock or other
equity  interests  of MWEX  or  Purchaser;  or (c)  commitments,  agreements  or
understandings of any kind, including employee benefit arrangements, relating to
the issuance or  repurchase  by MWEX or Purchaser of any capital  stock or other
equity  interests  of MWEX  or  Purchaser,  or any  instruments  convertible  or
exercisable  for any such  securities  or any  options,  warrants  or  rights to
acquire such securities.

         3.13 Commission Filings and Financial  Statements.  All of the Periodic
Reports of MWEX required to satisfy the  information  requirements of Section 13
of the  Exchange  Act have been  filed  with the  Commission,  have  been  true,
accurate and complete in all material respects and have been filed in compliance
with the requirements of the Exchange Act. The Financial Statements of MWEX: (a)
have been prepared in accordance  with the books of account and records of MWEX;
(b)  fairly  present,  and are true,  correct  and  complete  statements  in all
material  respects  of  MWEX's  financial  condition  and  the  results  of  its
operations at the dates and for the periods specified in those  statements;  and
(c) have been  prepared in  accordance  with United  States  generally  accepted
accounting principles ("GAAP") consistently applied with prior periods.

         3.14 Absence of Undisclosed Liabilities. Other than as disclosed by the
Periodic Reports,  the Financial  Statements of MWEX or as disclosed on Schedule
3.14,  MWEX and  Purchaser  do not have any  direct  or  indirect  indebtedness,
liability, claim, loss, damage, deficiency, obligation or responsibility,  known
or unknown,  fixed or unfixed,  choate or inchoate,  liquidated or unliquidated,
secured or unsecured,  accrued,  absolute,  contingent or otherwise,  including,
without limitation,  liabilities on account of taxes, other governmental charges
or  Litigation,  whether or not of a kind  required by GAAP to be set forth on a
financial statement ("Liabilities"). Except as listed on Schedule 3.14, MWEX and
Purchaser  do  not  have  any  Liabilities  other  than  Liabilities  fully  and
adequately  reflected in the Periodic  Reports or the  Financial  Statements  of
MWEX.  MWEX,   Purchaser  and  the  MWEX  Insiders  have  no  Knowledge  of  any
circumstances,  conditions, events or arrangements which may hereafter give rise
to any Liabilities of MWEX or Purchaser, except as set forth on Schedule 3.14.

         3.15 Real  Property and Mineral  Leases.  MWEX and Purchaser do not own
any fee simple  interest  in real  property.  MWEX and  Purchaser  do not lease,
sublease, or have any other contractual interest in any real property other than
as set forth on Schedule  3.15.  Schedule 3.15 sets forth the street  address of
each parcel of real  property  leased or subleased by MWEX or  Purchaser,  or in
which MWEX or Purchaser has any other  contractual  interest  (collectively  the
"MWEX Leased  Property").  Attached hereto as Schedule 3.15 is a summary list of
all of the lease,  sublease and other contractual  agreements  (collectively the
"MWEX Leases"),  as amended to date,  relating to the MWEX Mineral  Leases.  The
MWEX Leases are valid,  binding and in full force and effect, all rent and other
sums and charges  payable  thereunder  are current,  and no notice of default or
termination under any of the MWEX Leases is outstanding.

         RAD Enterprises, Inc. has entered into a Purchase Agreement to purchase
such leases for the  assumption  of  approximately  $100,000 in  operating  cost
assessments.  There are potential liabilities (in addition to operating charges)
associated  with the MWEX  Leases.  There is no known  any  liability  under any
Environmental Law or regulation,  which is or which may become payable after the
Closing of the Transaction.

                                       11
<PAGE>

         3.16 List of Accounts and Proxies.  Set forth on Schedule  3.16 is: (a)
the  name  and  address  of each  bank or other  institution  in  which  MWEX or
Purchaser maintains an account (cash,  securities or other) or safe deposit box;
(b) the name and phone number of MWEX or Purchaser's contact person at such bank
or institution; (c) the account number of the relevant account and a description
of the  type of  account;  (d) the  name of each  person  authorized  by MWEX or
Purchaser to effect transactions therewith or to have access to any safe deposit
box or vault; and (e) all proxies,  powers of attorney or other like instruments
to act on behalf of MWEX or  Purchaser  in matters  concerning  its  business or
affairs.

         3.17  Personnel.  Schedule  3.17  contains the names and annual  salary
rates  and  other  compensation  of all  officers,  directors,  consultants  and
employees of MWEX or Purchaser  (including  compensation paid or payable by MWEX
under any employee  benefit or option  plans).  There are no employee  policies,
employee manuals or other written  statements of rules or policies as to working
conditions, vacation and sick leave.

         3.18 Employment Agreements and Employee Benefit Plans. MWEX has not had
any and  does  not have  any  defined  contribution  plan and it is not (and was
never) part of a controlled group contributing to any defined  contribution plan
and is not and was never a party to any collective bargaining agreement or other
employment  contracts.  MWEX has not, nor does it now contribute to any pension,
profit-sharing,  option,  other  incentive  plan,  or any other type of Employee
Benefit  Plan (as  defined in Section  3(3) of the  Employee  Retirement  Income
Security Act of 1974, as amended ("ERISA")), or any health, dental, vision, long
term disability, short term disability, life insurance or other welfare benefits
plan, or have any  obligation  to or customary  arrangement  with  employees for
bonuses, incentive compensation,  vacations,  severance pay, insurance, or other
benefits,  and it is not now (and was never) a part of a  controlled  group with
regard to any of the  foregoing.  Schedule 3.17 also contains a true and correct
statement of the names,  relationship  with MWEX,  present rates of compensation
(whether  in the form of salary,  bonuses,  commissions,  or other  supplemental
compensation  now or hereafter  payable),  and  aggregate  compensation  for the
fiscal year ended  December 31, 2004 of each  director,  officer,  consultant or
employee of MWEX. Except as set forth on Schedule 3.17, since December 31, 2004,
MWEX has not changed the rate of compensation of any of its directors, officers,
consultants  or  employees,  and MWEX will not be required to make any severance
payments to any of its directors, officers, consultants or employees as a result
of the Transaction.

         There are no complaints,  charges, claims, allegations,  grievances, or
litigations  pending or threatened which reflect or pertain to: (i) any federal,
state or local labor,  employment,  anti-discrimination,  workers  compensation,
disability or  unemployment  law,  regulation  or ordinance;  (ii) any claim for
wrongful discharge, harassment, discrimination, breach of employment contract or
employment-related   tort;  or  (iii)  any  employment  agreement,   restrictive
covenant,  non-competition  agreement  or  employee  confidentiality  agreement,
which, in any such case, if adversely  determined,  could reasonably be expected
to have a Material Adverse Effect on MWEX.

                                       12
<PAGE>

3.19     Taxes.

         (a) MWEX has  properly  prepared  and timely  filed all Tax Returns (as
defined below)  relating to any and all Taxes (as defined  below)  concerning or
attributable  to it or its  operations  for any  period  ending on or before the
Closing Date and such Tax Returns are true, correct and complete in all material
respects and have been completed in accordance  with applicable Laws (as defined
below).

         (b) All Taxes (whether or not shown on any Tax Return)  payable by MWEX
have been  fully and  timely  paid.  The cash  reserves  or  accruals  for Taxes
provided in the books and  records of MWEX with  respect to any period for which
Tax Returns have not yet been filed or for which Taxes are not yet due and owing
have been  established in accordance  with GAAP and are, or prior to the Closing
Date, will be, sufficient for all unpaid Taxes of MWEX through and including the
Closing Date (including, without limitation, with respect to any Taxes resulting
from the transactions contemplated by this Agreement).

         (c)  Neither  MWEX nor any Person on behalf of or with  respect to MWEX
has  executed  or filed any  agreements  or  waivers  extending  any  statute of
limitations  on or extending the period for the  assessment or collection of any
Tax. No power of  attorney  on behalf of MWEX with  respect to any Tax matter is
currently in force.

         (d)  MWEX  is not a  party  to any  Tax-sharing  agreement  or  similar
arrangement  with any other  party  (whether or not  written),  and MWEX has not
assumed any Tax obligations of, or with respect to any transaction  relating to,
any other  Person or agreed to  indemnify  any other  Person with respect to any
Tax.

         (e) No Tax Return  concerning or relating to MWEX or its operations has
ever been audited by a government or taxing authority,  nor is any such audit in
process or  pending,  and MWEX has not been  notified of any request for such an
audit or other  examination.  No claim has been made by a taxing  authority in a
jurisdiction  where Tax Returns concerning or relating to MWEX or its operations
have  not  been  filed  that  it is or  may  be  subject  to  taxation  by  that
jurisdiction.

         (f) MWEX has never been  included  in any  consolidated,  combined,  or
unitary Tax Return.

         (g) MWEX has complied in all material respects with all applicable Laws
relating  to the  payment  and  withholding  of Taxes  and has  duly and  timely
withheld from employee salaries,  wages and other compensation and has paid over
to the appropriate taxing authorities all amounts required to be so withheld and
paid over for all periods under all applicable laws.

         (h) Neither  MWEX nor any other Person on behalf of and with respect to
MWEX has (i)  agreed  to or is  required  to make any  adjustments  pursuant  to
Section  481(a) of the  Internal  Revenue  Code of 1986  ("Code") or any similar
provision  of state,  local or foreign  law by reason of a change in  accounting
method  initiated by MWEX, and MWEX and the MWEX Insiders have no Knowledge that

                                       13
<PAGE>

the Internal  Revenue Service ("IRS") has proposed any such adjustment or change
in accounting  method, or has any application  pending with any taxing authority
requesting  permission for any changes in accounting  methods that relate to the
business  or  operations  of MWEX,  (ii)  executed  or  entered  into a  closing
agreement  pursuant  to Section  7121 of the Code or any  predecessor  provision
thereof or any similar provision of state,  local or foreign law with respect to
MWEX or (iii)  requested  any  extension  of time  within  which to file any Tax
Return  concerning or relating to MWEX or its  operations,  which Tax Return has
since not been filed.

         (i) No property owned by MWEX is (i) property required to be treated as
being owned by another Person pursuant to the provisions of Section 168(f)(8) of
the Internal Revenue Code of 1954, as amended and in effect immediately prior to
the enactment of the Tax Reform Act of 1986,  (ii)  constitutes  "tax-exempt use
property"  within  the  meaning  of  Section  168(h)(1)  of the Code or (iii) is
"tax-exempt bond financed  property" within the meaning of Section 168(g) of the
Code.

         (j) MWEX is not  subject  to any  private  letter  ruling of the IRS or
comparable rulings of other taxing authorities.

         (k) MWEX does not own any  interest  in any entity that is treated as a
partnership  for U.S.  federal  income  Tax  purposes  or would be  treated as a
pass-through or disregarded entity for any Tax purpose.

         (l) MWEX has not constituted  either a "distributing  corporation" or a
"controlled  corporation" within the meaning of Section 355(a)(1)(A) of the Code
in a  distribution  qualifying for tax-free  treatment  under Section 355 of the
Code  (i) in the two  years  prior to the  date of this  Agreement  or (ii) in a
distribution  that  could  otherwise  constitute  part of a "plan" or "series of
transactions"  (within the meaning of Section 355(e) of the Code) in conjunction
with this Agreement.

         (m)  MWEX has no  elections  in  effect  for U.S.  federal  income  Tax
purposes under Sections 108, 168, 441, 472, 1017, 1033 or 4977 of the Code.

         The term  "Law" or  "Laws"  as used in this  Agreement  shall  mean any
federal, state, local or foreign statue, law, ordinance, regulation, rule, code,
order or other requirement or rule of law.

         The term "Tax" or "Taxes" as used in this Agreement  shall mean (i) all
income, excise, gross receipts, ad valorem,  sales, use, employment,  franchise,
profits, gains, property, transfer, payroll, withholding, severance, occupation,
social security,  unemployment  compensation,  alternative minimum, value added,
intangibles  or other taxes,  fees,  stamp  taxes,  duties,  charges,  levies or
assessments of any kind whatsoever (whether payable directly or by withholding),
together  with  any  interest  and any  penalties,  fines,  additions  to tax or
additional  amounts imposed by any Governmental  Authority with respect thereto,
(ii) any liability  for the payment of any amounts of the type  described in (i)
as a result of being a member of a consolidated,  combined, unitary or aggregate
group for any  Taxable  period,  and (3) any  liability  for the  payment of any

                                       14
<PAGE>

amounts of the type  described  in (i) or (ii) as a result of being a transferee
or successor  to any person or as a result of any express or implied  obligation
to indemnify any other Person.

         The term "Tax  Returns" as used in this  Agreement  shall mean returns,
declarations, reports, claims for refund, information returns or other documents
(including any related or supporting schedules, statements or information) filed
or required to be filed in  connection  with the  determination,  assessment  or
collection  of  any  Taxes  of any  party  or the  administration  of any  laws,
regulations or administrative requirements relating to any Taxes.

         3.20 Material Agreements.  Schedule 3.20 sets forth a brief description
of all material  written and oral  contracts or  agreements  relating to MWEX or
Purchaser  (except  with  respect  to the MWEX  Leases,  which  are set forth on
Schedule  3.16,  which  is  hereby  incorporated  by  reference  and made a part
thereof),  including  without  limitation  any:  (i)  contract  resulting  in  a
commitment  or potential  commitment  for  expenditure  or other  obligation  or
potential  obligation,  or which provides for the receipt or potential  receipt,
involving in excess of Ten Thousand  Dollars  ($10,000.00)  in any instance,  or
series  of  related  contracts  that in the  aggregate  give  rise to  rights or
obligations  exceeding such amount; (ii) indenture,  mortgage,  promissory note,
loan agreement,  guarantee or other agreement or commitment for the borrowing or
lending  of money or  encumbrance  of assets  involving  more than Ten  Thousand
Dollars  ($10,000.00) in each instance;  (iii) agreement which restricts MWEX or
Purchaser from engaging in any line of business or from competing with any other
Person;  or (iv) any  other  contract,  agreement,  instrument,  arrangement  or
commitment that is material to the condition  (financial or otherwise),  results
of operation, assets, properties,  liabilities, business or prospects of MWEX or
Purchaser  (collectively,   and  together  with  the  MWEX  Leases,   employment
agreements,  Employee  Benefit  Plans and all other  agreements  required  to be
disclosed on any Schedule to this  Agreement,  the "Material MWEX  Agreements").
MWEX has previously  furnished to Superior true,  complete and correct copies of
all written agreements, as amended, required to be listed on Schedule 3.20.

         Except  as set  forth  on  Schedule  3.20,  none of the  Material  MWEX
Agreements  was entered into outside the ordinary  course of business of MWEX or
Purchaser,  or contains any provisions that will impair or adversely  affect the
operations of MWEX or Purchaser.  The Material MWEX  Agreements are each in full
force and effect and are the valid and legally binding  obligations of MWEX and,
to the Knowledge of MWEX and the MWEX Insiders,  the other parties thereto. MWEX
has not  received  notice  of  default  by MWEX or  Purchaser  under  any of the
Material MWEX Agreements.  Neither MWEX nor Purchaser has received notice of any
pending  or  threatened   Litigation  relating  to  any  of  the  Material  MWEX
Agreements.

         3.21  Guaranties.  Except  as set  forth  on  Schedule  3.21,  MWEX and
Purchaser  are not a party  to any  Guaranty,  and no  Person  is a party to any
Guaranty for the benefit of MWEX or Purchaser.

         3.22  Environmental  Matters Except for Methane Production in Colorado.
None of the MWEX Leased  Property nor any other  property used by MWEX presently
or in the past has been used to  manufacture,  treat,  store,  or dispose of any
hazardous  substance and such property is free of all such  substances such that
the condition of the property is in  compliance  with  applicable  Environmental
Laws (as defined below).  As for it has become aware, MWEX is in compliance with

                                       15
<PAGE>

all  laws,   regulations  and  other  federal,   state  or  local   governmental
requirements,  and all applicable judgments,  orders,  writs, notices,  decrees,
permits,   licenses,   approvals,   consents  or  injunctions  relating  to  the
generation, management, handling, transportation,  treatment, disposal, storage,
delivery,  discharge,  release or emission of any waste,  pollutant  or toxic or
hazardous  substance  (including,  without  limitation,   asbestos,  radioactive
material and pesticides) (the  "Environmental  Laws")  applicable to MWEX or its
business as a result of any hazardous substance utilized by MWEX in its business
or otherwise placed at any of the facilities owned,  leased or operated by MWEX,
or in which MWEX has a contractual interest. Neither the MWEX Insiders, nor MWEX
(or its directors or officers),  has received any complaint,  notice,  order, or
citation of any actual,  threatened  or alleged  noncompliance  by MWEX with any
Environmental  Laws, and there is no Litigation  pending or, to MWEX or the MWEX
Insiders'  Knowledge,  threatened  against any of MWEX, the MWEX Insiders or any
director or officer of MWEX, with respect to any violation or alleged  violation
of the Environmental Laws, and to MWEX and the MWEX Insiders'  Knowledge,  there
is no reasonable basis for the institution of any such Litigation.

         3.23 Absence of Certain Business Practices.  None of the MWEX Insiders,
Purchaser,  nor MWEX, nor any Affiliates  thereof nor, to the Knowledge of each,
any other Person  acting on behalf of MWEX,  has with respect to the business or
activities of MWEX: (a) received, directly or indirectly, any rebates, payments,
commissions,  promotional allowances or any other economic benefits,  regardless
of their nature or type, from any customer,  supplier, trading company, shipping
company,  governmental employee or other Person with whom MWEX has done business
directly or indirectly;  or (b) directly or indirectly,  given or agreed to give
any gift or similar benefit to any customer, supplier, trading company, shipping
company, governmental employee or other Person who is or may be in a position to
help or hinder the  business  of MWEX (or  assist  MWEX in  connection  with any
actual or  proposed  transaction)  which (i) may  subject  MWEX to any  material
damage or any penalty in any Litigation, (ii) if not given in the past, may have
had a Material  Adverse Effect on the assets,  business or operations of MWEX as
reflected in the Periodic  Reports or Financial  Statements  of MWEX or (iii) if
not  continued  in the  future,  may  materially  adversely  affect the  assets,
business or operations of MWEX or subject MWEX to suit or penalty in any private
or governmental litigation or proceeding.

         3.24 Disclosure.  No representation  or warranty of MWEX,  Purchaser or
the MWEX Insiders  contained in this  Agreement,  and no statement,  report,  or
certificate furnished by or on behalf of MWEX, Purchaser or the MWEX Insiders to
Superior or its agents pursuant  hereto or in connection  with the  transactions
contemplated  hereby,  contains any untrue statement of a material fact or omits
to state a material  fact  necessary in order to make the  statements  contained
herein or therein not  misleading or omits or will omit to state a material fact
necessary in order to provide  Superior with full and proper  information  as to
the business, financial condition, assets, liabilities,  results of operation or
prospects  of MWEX or  Purchaser  and  the  value  of  their  properties  or the
ownership of MWEX or Purchaser.

                                       16
<PAGE>

                                   ARTICLE IV

                   Representations and Warranties of Superior

         In order to induce MWEX,  Purchaser and the MWEX Insiders to enter into
this Agreement and to consummate the transactions  contemplated hereby, Superior
makes the representations and warranties set forth below to MWEX,  Purchaser and
the MWEX Insiders.

         4.1  Organization.   Superior  is  a  Limited  Liability  Company  duly
organized,  validly existing and in good standing under the laws of the State of
Delaware.  Superior  is  duly  qualified  to  transact  business  as  a  foreign
corporation  in  all  jurisdictions  where  the  ownership  or  leasing  of  its
properties or the conduct of its business  requires such  qualification,  except
where the  failure to so qualify  would not have a  Material  Adverse  Effect on
Superior. Superior has the requisite power and authority to (a) own or lease and
operate its  properties  and (b) conduct its  business as  presently  conducted.
Superior intends to convert to a corporation at or prior to closing.

         4.2  Authorization;   Enforceability.  Superior  has  the  capacity  to
execute,  deliver and  perform  this  Agreement.  This  Agreement  and all other
documents  executed and delivered by Superior  pursuant to this  Agreement  have
been duly  executed and delivered and  constitute  the legal,  valid and binding
obligations of Superior, assuming the due authorization,  execution and delivery
of this  Agreement by MWEX,  Purchaser  and the MWEX  Insiders,  enforceable  in
accordance  with  their  respective  terms,  except  to the  extent  that  their
enforcement is limited by bankruptcy,  insolvency,  reorganization or other laws
relating to or affecting the enforcement of creditors'  rights  generally and by
general principals of equity.

         4.3 No Violation or Conflict.  The execution,  delivery and performance
of this Agreement and the other documents  contemplated hereby by Superior,  and
the consummation by Superior of the transactions contemplated hereby: (a) do not
violate or conflict with any provision of law or  regulation  (whether  federal,
state or local),  or any writ,  order or decree of any court or  governmental or
regulatory   authority,   or  any   provision  of  Superior's   Certificate   of
Incorporation or Bylaws;  and (b) except as set forth on Schedule 4.3 hereto, do
not, with or without the passage of time or the giving of notice,  result in the
breach of, or constitute a default,  cause the  acceleration  of  performance or
require  any consent  under,  or result in the  creation of any lien,  charge or
encumbrance  upon any property or assets of Superior  pursuant to any instrument
or agreement to which Superior is a party or by which Superior or its properties
may be bound or  affected,  other than  instruments  or  agreements  as to which
consent  shall  have been  obtained  at or prior to the  Closing,  each of which
instruments or agreements is listed in Schedule 4.3 hereto.

         4.4  Consents  of  Governmental  Authorities  and  Others.  No consent,
approval or authorization of, or registration,  qualification or filing with any
federal,  state or local  governmental  or  regulatory  authority,  or any other
Person,  is required to be made by Superior in  connection  with the  execution,
delivery or  performance of this  Agreement by Superior or the  consummation  by
them of the transactions contemplated hereby, excluding the execution,  delivery
and performance of this Agreement by the Sellers.

                                       17
<PAGE>

         4.5 Brokers.  Superior  has not employed any broker or finder,  and has
not incurred and will not incur any broker's,  finder's,  investment  banking or
similar  fees,  commissions  or expenses  in  connection  with the  transactions
contemplated by this Agreement.

         4.6  Charter  Records.  A true,  correct and  complete  copy of (a) the
Certificate of  Organization  of Superior,  as amended and in effect on the date
hereof, and (b) the Operating Agreement of Superior, as amended and in effect on
the date hereof, have been furnished.

         4.7 Subsidiaries and Investments.  Except as described on Schedule 4.7,
Superior has no Subsidiaries or Investments.

         4.8 Capitalization. Upon conversion of the Superior member interests to
stock,  the authorized  capital stock of Superior will consist of 100,000 shares
of common stock,  (the "Superior  Common Stock").  Superior will have issued and
outstanding  100,000 shares of Superior Common Stock (the "Outstanding  Superior
Common Stock").  The Outstanding Superior Common Stock shall then constitute one
hundred percent (100%) of the issued and outstanding  capital stock of Superior.
The Outstanding  Superior Common Stock is owned by its  stockholders  will be in
the  amounts set forth on Schedule  A. All of the  Outstanding  Superior  Common
Stock will have been duly authorized, is validly issued and outstanding,  and is
fully paid and non-assessable. No securities issued by Superior from the date of
its  incorporation  to the date hereof were issued in violation of any statutory
or common law  preemptive  rights.  All taxes  required to be paid in connection
with the issuance and any transfers of Superior's  capital stock have been paid.
All permits or  authorizations  required to be  obtained  from or  registrations
required to be effected with any Person in connection with any and all issuances
of securities of Superior from the date of its  incorporation to the date hereof
have been  obtained or effected and all  securities of Superior have been issued
and are held in accordance  with the provisions of all applicable  securities or
other laws.

         4.9 Rights, Warrants,  Options. There are no outstanding (a) securities
or instruments  convertible  into or exercisable for any of the capital stock or
other equity  interests of Superior;  (b) options,  warrants,  subscriptions  or
other rights to acquire capital stock or other equity interests of Superior;  or
(c) Commitments,  agreements or understandings of any kind,  including  employee
benefit arrangements,  relating to the issuance or repurchase by Superior of any
capital  stock  or  other  equity  interests  of  Superior,  or any  instruments
convertible or exercisable for any such  securities or any options,  warrants or
rights to acquire such securities.

                                       18
<PAGE>

                                    ARTICLE V

                              Additional Agreements

         5.1 Survival of the Representations and Warranties. The representations
and  warranties  contained in Sections  3.1,  3.2,  3.12,  3.13 and 3.14 and the
covenants in Section 7.1 and 7.3 shall  survive the Closing and remain in effect
indefinitely.  The  representations  and  warranties  contained  in Section 3.23
(relating  to  environmental  matters)  shall  survive  the  Closing  until  the
expiration of three (3) years from the Closing  Date.  The  representations  and
warranties  contained  in Section 3.20  (relating  to taxes)  shall  survive the
Closing until the later of the expiration of twenty four months from the Closing
Date or the expiration of the last day of the statute of limitations  applicable
to any  action  against  MWEX  based  upon the  non-payment  of taxes,  or other
violation of the Code,  which occurred prior to the Closing Date.  Except as set
forth  above,  the   representations  and  warranties  and  covenants  of  MWEX,
Purchaser,  the MWEX  Insiders  contained in this  Agreement  shall  survive the
Closing  until the  expiration of  twenty-four  months from the Closing Date. No
claim for indemnity with respect to breaches of  representations  and warranties
may be brought by any party hereto,  other than a claim for fraud or intentional
misrepresentation,  after expiration of the applicable survival period therefore
as set forth in this Section 5.1

         5.2  Investigation.  The  representations,  warranties,  covenants  and
agreements  set forth in this  Agreement  shall not be affected or diminished in
any way by any  investigation  (or failure to  investigate) at any time by or on
behalf  of  the  party  for  whose  benefit  such  representations,  warranties,
covenants and agreements  were made. All statements  contained  herein or in any
schedule, certificate,  exhibit, list or other document required to be delivered
pursuant  hereto,  shall be  deemed to be  representations  and  warranties  for
purposes  of  this  Agreement;  provided,  that  any  knowledge  or  materiality
qualifications contained herein shall be applicable to such other documents.

         5.3 Indemnification.  Each of the MWEX Insiders, jointly and severally,
agrees  to  indemnify  and  hold  harmless  Superior,  and  each  of  Superior's
directors,  officers and employees,  from and against any losses, damages, costs
or expenses  (including  reasonable legal fees and expenses) which are caused by
or arise out of (i) any  breach or default  in the  performance  by any of MWEX,
Purchaser or the MWEX Insiders of any covenant or agreement  made by any of them
in this Agreement; (ii) any breach of any Representation or Warranty made by any
of MWEX, Purchaser or the MWEX Insiders in this Agreement;

         5.4  Indemnity  Procedure.  A party or parties  hereto  agreeing  to be
responsible for or to indemnify against any matter pursuant to this Agreement is
referred  to herein as the  "Indemnifying  Party" and the other party or parties
claiming indemnity is referred to as the "Indemnified Party".

         (a) An Indemnified  Party under this Agreement  shall,  with respect to
claims  asserted  against such party by any third party,  give written notice to
the  Indemnifying  Party of any  liability  which might give rise to a claim for
indemnity under this Agreement within sixty (60) business days of the receipt of
any written claim from any such third party, but not later than twenty (20) days

                                       19
<PAGE>

prior to the date any answer or responsive  pleading is due, and with respect to
other matters for which the  Indemnified  Party may seek  indemnification,  give
prompt written  notice to the  Indemnifying  Party of any liability  which might
give rise to a claim for indemnity;  provided, however, that any failure to give
such notice  will not waive any rights of the  Indemnified  Party  except to the
extent the rights of the Indemnifying Party are materially prejudiced.

         (b) The  Indemnifying  Party shall have the right, at its election,  to
take over the defense or  settlement of such claim by giving  written  notice to
the  Indemnified  Party at least  fifteen  (15)  days  prior to the time when an
answer or other responsive  pleading or notice with respect thereto is required.
If the  Indemnifying  Party makes such  election,  it may conduct the defense of
such claim through counsel of its choosing  (subject to the Indemnified  Party's
approval of such counsel,  which approval shall not be  unreasonably  withheld),
shall be solely  responsible for the expenses of such defense and shall be bound
by the results of its defense or settlement of the claim. The Indemnifying Party
shall not settle any such claim  without prior notice to and  consultation  with
the Indemnified Party, and no such settlement  involving any equitable relief or
which  might have an adverse  effect on the  Indemnified  Party may be agreed to
without the written consent of the Indemnified Party (which consent shall not be
unreasonably  withheld).  So  long  as  the  Indemnifying  Party  is  diligently
contesting any such claim in good faith, the Indemnified Party may pay or settle
such  claim  only at its own  expense  and the  Indemnifying  Party  will not be
responsible  for the fees of separate  legal counsel to the  Indemnified  Party,
unless  the  named   parties  to  any   proceeding   include  both  parties  and
representation  of both parties by the same counsel would be  inappropriate.  If
the Indemnifying Party does not make such election, or having made such election
does not, in the reasonable  opinion of the Indemnified Party proceed diligently
to defend such claim,  then the  Indemnified  Party may (after written notice to
the Indemnifying Party), at the expense of the Indemnifying Party, elect to take
over the defense of and proceed to handle such claim in its  discretion  and the
Indemnifying  Party  shall  be  bound  by any  defense  or  settlement  that the
Indemnified  Party  may  make in good  faith  with  respect  to such  claim.  In
connection  therewith,  the  Indemnifying  Party will fully  cooperate  with the
Indemnified Party should the Indemnified Party elect to take over the defense of
any such claim.

         (c) The parties agree to cooperate in defending such third party claims
and the Indemnified  Party shall provide such cooperation and such access to its
books, records and properties as the Indemnifying Party shall reasonably request
with respect to any matter for which  indemnification  is sought hereunder;  and
the parties  hereto  agree to  cooperate  with each other in order to ensure the
proper and adequate defense thereof.

         With  regard to claims of third  parties for which  indemnification  is
payable hereunder,  such indemnification shall be paid by the Indemnifying Party
upon  the  earlier  to  occur  of:  (i) the  entry  of a  judgment  against  the
Indemnified  Party and the  expiration of any applicable  appeal  period,  or if
earlier,  five (5) days  prior to the date that the  judgment  creditor  has the
right to execute the  judgment;  (ii) the entry of an  unappealable  judgment or
final appellate decision against the Indemnified Party; or (iii) a settlement of
the claim.  Notwithstanding the foregoing,  provided that there is no dispute as
to the applicability of  indemnification,  the reasonable expenses of counsel to
the Indemnified Party shall be reimbursed on a current basis by the Indemnifying
Party if such expenses are a liability of the Indemnifying Party. With regard to

                                       20
<PAGE>

other   claims   for  which   indemnification   is   payable   hereunder,   such
indemnification  shall be paid promptly by the Indemnifying Party upon demand by
the Indemnified Party.

         5.5 General Release.  As additional  consideration  for the sale of the
Superior  Common Stock  pursuant to this  Agreement,  each of the MWEX  Insiders
hereby   unconditionally  and  irrevocably   releases  and  forever  discharges,
effective  as of the  Closing  Date,  MWEX and  Purchaser  and  their  officers,
directors,  employees  and  agents,  from any and all rights,  claims,  demands,
judgments,  promissory  notes,  obligations,  liabilities  and damages,  whether
accrued or  unaccrued,  asserted or  unasserted,  and whether  known or unknown,
relating to MWEX or Purchaser  which ever existed or now exist, by reason of any
tort, breach of contract,  violation of law or other act or failure to act which
shall have occurred at or prior to the Closing Date, or in relation to any other
liabilities  of MWEX or  Purchaser  to the  MWEX  Insiders.  The  MWEX  Insiders
expressly  intend that the foregoing  release  shall be effective  regardless of
whether the basis for any claim or right hereby  released  shall have been known
to or  anticipated  by the  MWEX  Insiders.  Notwithstanding  the  foregoing  or
anything else to the contrary contained herein, the foregoing provisions of this
Section  5.5  shall not apply to claims  against  Superior  for  indemnification
pursuant to this Article V to the extent applicable.

                                   ARTICLE VI

                    Closing; Deliveries; Conditions Precedent

         6.1 Closing;  Effective Date. All  proceedings  taken and all documents
executed  at the  Closing  shall be  deemed to have been  taken,  delivered  and
executed  simultaneously,  and no proceeding shall be deemed taken nor documents
deemed executed or delivered until all have been taken, delivered and executed.

         6.2      Deliveries

         (a) At Closing, MWEX shall deliver the following documents to Superior:

                  (1)      the  certificates   representing  the   Consideration
                           Shares;

                  (2)      the  written  resignation  of all MWEX  officers  and
                           directors  from  all  of  their   positions  as  MWEX
                           directors and/or  officers,  all to be effective upon
                           Closing;

                  (3)      the minute  books of MWEX,  including  its  corporate
                           seals, unissued stock certificates,  stock registers,
                           Articles  of  Incorporation,   Bylaws  and  corporate
                           minutes  approving  the terms and  conditions of this
                           Agreement and the other documents contemplated hereby
                           and the transactions contemplated hereby and thereby;

                  (4)      certificates  issued by the Secretary of State of New
                           Mexico,  as of a recent date, as to the good standing
                           of  MWEX in its  jurisdiction  of  incorporation  and

                                       21
<PAGE>

                           certifying its Articles of Incorporation;

                  (5)      certificates  issued  by the  Secretary  of  State of
                           Colorado,  as  of a  recent  date,  as  to  the  good
                           standing  of   Purchaser  in  its   jurisdiction   of
                           incorporation   and  certifying  its  Certificate  of
                           Incorporation;

                  (6)      a certificate,  dated the Closing Date, of an officer
                           of MWEX setting  forth that  authorizing  resolutions
                           were  adopted  by  MWEX  and  Purchaser's  Boards  of
                           Directors, approving the terms and conditions of this
                           Agreement and the other documents contemplated hereby
                           and the transactions contemplated hereby and thereby;

                  (7)      the  consents of any third party  including,  but not
                           limited to, parties to any of the Material Agreements
                           whose consent is required under the terms of any such
                           Material Agreement or otherwise;

                  (8)      the certificates referred to in Section 6.3(d);

                  (9)      the  favorable  opinion  of  Michael  Littman,  Esq.,
                           counsel to MWEX, dated the Closing Date, addressed to
                           Superior, in the form of Exhibit C hereto; and

                  (10)     such other  documents and instruments as Superior may
                           reasonably request.

         (b) At Closing, Superior shall deliver the following documents to MWEX:

                  (1)      the  Certificates  of  Superior  Common  Stock  to be
                           delivered to MWEX;

                  (2)      a certificate  of the Secretary of State of the State
                           of  Delaware,  as of a  recent  date,  as to the good
                           standing of Superior and certifying  its  Certificate
                           of Incorporation;

                  (3)      a certificate,  dated the Closing Date, of an officer
                           of   Superior    setting   forth   that   authorizing
                           resolutions  were  adopted  by  Superior's  Board  of
                           Directors, approving the terms and conditions of this
                           Agreement and the other documents contemplated hereby
                           and the transactions contemplated hereby and thereby;

                  (4)      the certificates referred to in Section 6.4(d); and

                  (5)      such  other  documents  and  instruments  as MWEX may
                           reasonably request.

                                       22
<PAGE>

         6.3 Conditions Precedent to the Obligations of Superior. Each and every
obligation  of  Superior  to  consummate  the  transactions  described  in  this
Agreement  and any and all liability of Superior to MWEX shall be subject to the
fulfillment on or before the Closing Date of the following conditions precedent:

         (a)  Representations  and Warranties True. Each of the  representations
and warranties of MWEX,  Purchaser and the MWEX Insiders  contained herein or in
any  certificate  or other document  delivered  pursuant to this Agreement or in
connection with the transactions  contemplated  hereby shall be true and correct
in all  material  respects as of the Closing Date with the same force and effect
as though made on and as of such date.

         (b)  Performance.  MWEX,  Purchaser  and the MWEX  Insiders  shall have
performed  and complied in all  material  respects  with all of the  agreements,
covenants  and  obligations  required  under this  Agreement  to be performed or
complied with by them on or prior to the Closing Date.

         (c) No  Material  Adverse  Change.  Except as  expressly  permitted  or
contemplated by this Agreement,  no event or condition shall have occurred which
has  adversely  affected or may  adversely  affect in any respect the  condition
(financial or otherwise) of MWEX or Purchaser.

         (d)  MWEX's  Certificate.  MWEX  shall  have  delivered  to  Superior a
certificate dated the Closing Date,  certifying that the conditions specified in
Section  6.3(a),  (b) and (c) above  have been  fulfilled  and as to such  other
matters as Superior may reasonably request.

         (e) No  Litigation.  No  litigation,  arbitration  or  other  legal  or
administrative  proceeding  shall have been commenced or be pending by or before
any court,  arbitration  panel or  governmental  authority or  official,  and no
statute,  rule or  regulation  of any  foreign or  domestic,  national  or local
government  or agency  thereof  shall have been  enacted  after the date of this
Agreement,  and no judicial or administrative  decision shall have been rendered
which enjoins or prohibits,  or seeks to enjoin or prohibit, the consummation of
all or any of the transactions contemplated by this Agreement.

         (f)  Appointment.  Mr. G. Roland Carey shall have been appointed to the
Board of Directors  and President of MWEX  effective at the Closing.  Denis Iler
shall resign as President  effective  immediately  and as director  effective 10
days after  Notice  under 14f as above.  Redgie  Green shall  resign as Director
effective 10 days after Notice under 14f as above.

         (g) Consents.  MWEX shall have obtained all  authorizations,  consents,
waivers  and  approvals  as may  be  required  to  consummate  the  transactions
contemplated by this Agreement including, but not limited to, those with respect
to any Material MWEX Agreement.

         (h)  Due  Diligence  Review.  Superior  shall  have  completed  its due
diligence  investigation  of  MWEX,  Purchaser  and  the  MWEX  Insiders  to its
satisfaction, in its sole and absolute discretion.

                                       23
<PAGE>

         (i) No MWEX Options or Warrants Outstanding.  On the Closing Date there
shall  be  no  options,   warrants  or  other  securities  convertible  into  or
exercisable for MWEX Common Stock outstanding.

         (j) Opinion of Counsel. MWEX shall have obtained an opinion letter from
counsel  to  MWEX  addressed  to  Superior  in  form  and  substance  reasonably
acceptable to Superior, and such opinion shall not have been withdrawn.

         6.4 Conditions  Precedent to the  Obligations  of MWEX.  Each and every
obligation of MWEX to consummate  the  transactions  described in this Agreement
and any and all  liability of MWEX,  Purchaser or the MWEX  Insiders to Superior
shall be  subject  to the  fulfillment  on or  before  the  Closing  Date of the
following conditions precedent:

         (a)  Representations  and Warranties True. Each of the  representations
and  warranties  of Superior  contained  herein or in any  certificate  or other
document  delivered  pursuant  to  this  Agreement  or in  connection  with  the
transactions  contemplated  hereby  shall be true and  correct  in all  material
respects as of the Closing Date with the same force and effect as though made on
and as of such date.

         (b)  Performance.  Superior  shall have  performed  and complied in all
material respects with all of the agreements, covenants and obligations required
under this  Agreement to be performed or complied  with by it on or prior to the
Closing Date.

         (c)  Superior's  Certificate.  Superior shall have delivered to MWEX, a
certificate  addressed  to MWEX,  dated the Closing  Date,  certifying  that the
conditions specified in Sections 6.4(a), and (b) above have been fulfilled.

         (d) No  Litigation.  No  litigation,  arbitration  or  other  legal  or
administrative  proceeding  shall have been commenced or be pending by or before
any court,  arbitration  panel or  governmental  authority or  official,  and no
statute,  rule or  regulation  of any  foreign or  domestic,  national  or local
government  or agency  thereof  shall have been  enacted  after the date of this
Agreement,  and no judicial or administrative  decision shall have been rendered
which enjoins or prohibits,  or seeks to enjoin or prohibit, the consummation of
all or any of the transactions contemplated by this Agreement.

         (e)  Consents.   Superior  shall  have  obtained  all   authorizations,
consents,   waivers  and  approvals  as  may  be  required  to  consummate   the
transactions contemplated by this Agreement, including but not limited to, those
with respect to any Material Agreement of Superior.

         (f) Settlement of  Reimbursement  claim MWEX shall achieve a settlement
with Jon Elliott of his reimbursement  claim acceptable to NexxuSoft at or prior
to closing.

         6.5 Best Efforts.  Subject to the terms and conditions provided in this
Agreement,  each of the parties shall use their  respective best efforts in good
faith to take or cause to be taken as promptly  as  practicable  all  reasonable

                                       24
<PAGE>

actions  that  are  within  its  power to  cause  to be  fulfilled  those of the
conditions  precedent to its obligations or the obligations of the other parties
to consummate the transactions contemplated by this Agreement that are dependent
upon its actions,  including obtaining all necessary  consents,  authorizations,
orders, approvals and waivers.

         6.6  Termination.  This  Agreement  and the  transactions  contemplated
hereby may be  terminated  (i) at any time by the mutual  consent of the parties
hereto;  (ii) by  Superior,  or by MWEX,  if the Closing has not  occurred on or
prior to May 5, 2005 (such date of  termination  being referred to herein as the
"Termination  Date"),  provided the failure of the Closing to occur by such date
is not the  result  of the  failure  of the  party  seeking  to  terminate  this
Agreement  to perform  or fulfill  any of its  obligations  hereunder;  (iii) by
Superior at any time at or prior to Closing in its sole discretion if (1) any of
the  representations  or warranties  of MWEX,  Purchaser or the MWEX Insiders in
this Agreement are not in all material  respects true,  accurate and complete or
if MWEX,  Purchaser  or the MWEX  Insiders  breach in any  material  respect any
covenant contained in this Agreement,  provided that such  misrepresentation  or
breach is not cured within ten (10) business days after notice  thereof,  but in
any event prior to the Termination  Date or (2) any of the conditions  precedent
to Superior's  obligations to conduct the Closing have not been satisfied by the
date  required  thereof;  (iv) by MWEX at any time at or prior to Closing in its
sole discretion if (1) any of the  representations  or warranties of Superior in
this Agreement are not in all material  respects true,  accurate and complete or
if Superior  breaches in any  material  respect any  covenant  contained in this
Agreement,  provided that such  misrepresentation  or breach is not cured within
ten (10)  business  days after  notice  thereof,  but in any event  prior to the
Termination  Date  or  (2)  any  of  the  conditions   precedent  to  Superior's
obligations  to conduct the Closing have not been satisfied by the date required
thereof.  If this Agreement is terminated  pursuant to this Section 6.6, written
notice thereof shall promptly be given by the party electing such termination to
the other party and,  subject to the expiration of the cure periods  provided in
clauses (iii) and (iv) above,  if any, this Agreement  shall  terminate  without
further  actions by the parties and no party shall have any further  obligations
under this Agreement.  Notwithstanding  the preceding  sentence,  the respective
obligations of the parties under  Sections 7.1 shall survive the  termination of
this Agreement.  Notwithstanding  anything to the contrary  contained herein, if
the termination of this Agreement is a result of the willful  misrepresentation,
willful inaccuracy or omission in a representation,  willful breach of warranty,
fraud or any willful failure to perform or comply with any covenant or agreement
contained  herein,  the  aggrieved  party shall be entitled to recover  from the
non-performing  party all out-of-pocket  expenses which such aggrieved party has
incurred and the  termination of this Agreement shall not be deemed or construed
as  limiting or denying  any other  legal or  equitable  right or remedy of such
party.

                                   ARTICLE VII

                                    Covenants

         7.1 General  Confidentiality.  MWEX,  Purchaser  and the MWEX  Insiders
acknowledge  that  the  Intellectual  Property  and all  other  confidential  or
proprietary  information with respect to the business and operations of Superior
are  valuable,  special and unique assets of Superior.  MWEX,  Purchaser and the
MWEX  Insiders  shall not, at any time either  before or after the Closing Date,
disclose,  directly or indirectly, to any Person, or use or purport to authorize

                                       25
<PAGE>

any Person to use any  confidential or proprietary  information  with respect to
Superior,  whether or not for MWEX, Purchaser or the MWEX Insiders' own benefit,
without  the prior  written  consent  of  Superior  or unless  required  by law,
including  without  limitation,  (i) any of Superior's  trade secrets,  designs,
formulae, drawings,  Intellectual Property, diagrams,  techniques,  research and
development,  specifications, data, know-how, formats, marketing plans, business
plans, budgets, strategies,  forecasts or client data; (ii) information relating
to the products developed by Superior,  (iii) the names of Superior's  customers
and contacts, (iv) Superior's marketing strategies,  (v) the names of Superior's
vendors and  suppliers,  (vi) the cost of  materials  and labor,  and the prices
obtained  for  products or services  sold  (including  the methods used in price
determination,  manufacturing and sales costs), (vii) the lists or other written
records used in Superior's  business,  including  compensation paid to employees
and consultants and other terms of employment,  production  operation techniques
or any other confidential information of, about or pertaining to the business of
Superior,  and, (viii) all tangible material that embodies any such confidential
and proprietary information as well as all records,  files, memoranda,  reports,
price lists,  drawings,  plans,  sketches and other written and graphic records,
documents,  equipment,  and the like, relating to the business of Superior,  and
(ix) any  other  confidential  information  or  trade  secrets  relating  to the
business or affairs of Superior  which MWEX,  Purchaser or the MWEX Insiders may
acquire or develop in connection with or as a result of their performance of the
terms and conditions of this  Agreement,  excepting only such  information as is
already known to the public or which may become known to the public  without any
fault  of  MWEX,  Purchaser  or  the  MWEX  Insiders  or  in  violation  of  any
confidentiality  restrictions;  provided, however, that the restrictions of this
Section 7.1 shall not be applicable  to MWEX,  Purchaser or the MWEX Insiders in
connection  with such Parties'  enforcement of its rights under this  Agreement.
MWEX,  Purchaser and the MWEX Insiders acknowledge that Superior would not enter
into  this  Agreement  without  the  assurance  that all such  confidential  and
proprietary information will be used for the exclusive benefit of Superior.

         7.2 Continuing  Obligations.  The restrictions set forth in Section 7.1
are  considered by the parties to be  reasonable  for the purposes of protecting
the value of the business and goodwill of Superior. MWEX, Purchaser and the MWEX
Insiders acknowledge that Superior would be irreparably harmed and that monetary
damages  would not  provide  an  adequate  remedy to  Superior  in the event the
covenants  contained in Section 7.1 were not complied  with in  accordance  with
their terms.  Accordingly,  MWEX, Purchaser and the MWEX Insiders agree that any
breach or threatened breach by any of them of any provision of Section 7.1 shall
entitle  Superior  to  injunctive  and other  equitable  relief  to  secure  the
enforcement of these  provisions,  in addition to any other remedies  (including
damages) which may be available to Superior.  It is the desire and intent of the
parties  that the  provisions  of Section 7.1 be enforced to the fullest  extent
permissible  under the laws and public  policies of each  jurisdiction  in which
enforcement  is sought.  If any provision of Section 7.1 are  adjudicated  to be
invalid or  unenforceable,  the  invalid or  unenforceable  provisions  shall be
deemed amended (with respect only to the jurisdiction in which such adjudication
is made) in such  manner as to render  them  enforceable  and to  effectuate  as
nearly as possible  the original  intentions  and  agreement of the parties.  In
addition,  if any party  brings an action to  enforce  Section  7.1 hereof or to
obtain damages for a breach thereof,  the prevailing  party in such action shall
be entitled to recover from the non-prevailing  party all reasonable  attorney's
fees and expenses incurred by the prevailing party in such action.

                                       26
<PAGE>

         7.3  Satisfaction  of Certain  Expenses  of the  Transaction.  Upon the
closing,  Superior  shall provide funds to the Escrow Account to pay expenses of
the Transaction in an aggregate amount of $350,000  including  costs,  with such
payments  being  made in cash to the  entities  or  persons  and in the  amounts
identified  on  Schedule  B  hereto.  Of the  $350,000,  $25,000  shall  be paid
concurrent   with  the  signing   hereof   through  the  Escrow   Account  as  a
non-refundable deposit which amount is credited against the $350,000 in expenses
to be paid hereunder, and which shall be credited against legal fees.

         7.4 Tax Treatment.  Neither MWEX,  Purchaser,  the MWEX  Insiders,  nor
Superior  will  knowingly  take any action,  written or  otherwise,  which would
result in the  transactions  contemplated  by this Agreement not being accounted
for as a tax-free exchange pursuant to Section 368(a)(1)(B) of the Code.

                                  ARTICLE VIII

                                  Miscellaneous

         8.1 Notices.  Any notice,  demand,  claim or other  communication under
this Agreement shall be in writing and delivered personally or sent by certified
mail, return receipt requested, postage prepaid, or sent by facsimile or prepaid
overnight  courier to the parties at the  addresses as follows (or at such other
addresses as shall be specified by the parties by like notice):

                  If to MWEX, Purchaser or      Mountains West Exploration, Inc.
                  the MWEX Insiders             2000 Wadsworth Blvd. PMB 179
                                                Lakewood, CO 80214

                  With a copy to:               Michael Littman, Esq.
                                                7609 Ralston Road
                                                Arvada, CO 80002
                                                Phone: (303) 422-8127

                  If to Superior:               G. Roland Carey

                  With a copy to:

                                                              and

         Such  notice   shall  be  deemed   delivered   upon   receipt   against
acknowledgment  thereof  if  delivered  personally,  on the third  business  day
following  mailing  if  sent  by  certified  mail,  upon  transmission   against
confirmation  if sent  by  facsimile  and on the  next  business  day if sent by
overnight courier.

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<PAGE>

         8.2 Entire Agreement;  Incorporation.  This Agreement and the documents
and instruments and other agreements among the parties hereto as contemplated by
or referred to herein  contain every  obligation and  understanding  between the
parties relating to the subject matter hereof and merges all prior  discussions,
negotiations,  agreements  and  understandings,  both written and oral,  if any,
between  them,  and  none of the  parties  shall  be  bound  by any  conditions,
definitions,  understandings,  warranties or  representations  other than as set
forth  herein.  All  schedules,  exhibits  and other  documents  and  agreements
executed and delivered  pursuant hereto are incorporated  herein as if set forth
in their entirety herein.

         8.3 Binding  Effect.  This Agreement shall be binding upon and inure to
the  benefit of the  parties  hereto  and their  respective  successors,  heirs,
personal representatives, legal representatives, and permitted assigns.

         8.4 Assignment. This Agreement may not be assigned by any party without
the  written  prior  consent  of the other  parties.  Subject  to the  preceding
sentence, this Agreement shall be binding upon and shall inure to the benefit of
the parties hereto and their respective successors and permitted assigns.

         8.5 Waiver and Amendment. Any representation,  warranty, covenant, term
or condition of this Agreement  which may legally be waived,  may be waived,  or
the  time of  performance  thereof  extended,  at any time by the  party  hereto
entitled to the benefit  thereof,  and any term,  condition  or covenant  hereof
(including,  without limitation,  the period during which any condition is to be
satisfied or any obligation  performed) may be amended by the parties thereto at
any time.  Any such  waiver,  extension  or  amendment  shall be evidenced by an
instrument in writing  executed on behalf of the party against whom such waiver,
extension or amendment is sought to be charged.  No waiver by any party  hereto,
whether express or implied,  of its rights under any provision of this Agreement
shall  constitute a waiver of such party's  rights under such  provisions at any
other time or a waiver of such party's rights under any other  provision of this
Agreement. No failure by any party thereof to take any action against any breach
of this  Agreement or default by another party shall  constitute a waiver of the
former  party's  right to enforce any  provision  of this  Agreement  or to take
action  against  such breach or default or any  subsequent  breach or default by
such other party.

         8.6 No Third Party  Beneficiary.  Nothing  expressed or implied in this
Agreement is intended, or shall be construed,  to confer upon or give any Person
other  than  the   parties   hereto  and  their   respective   heirs,   personal
representatives,  legal  representatives,  successors and permitted assigns, any
rights or remedies  under or by reason of this  Agreement,  except as  otherwise
provided herein.

         8.7  Severability.  In the event that any one or more of the provisions
contained  in this  Agreement,  or the  application  thereof,  shall be declared
invalid,  void  or  unenforceable  by a court  of  competent  jurisdiction,  the
remainder  of this  Agreement  shall  remain in full  force and  effect  and the
application  of  such  provision  to  other  Persons  or  circumstances  will be
interpreted  so as  reasonably to effect the intent of the parties  hereto.  The

                                       28
<PAGE>

parties further agree to replace such invalid,  void or unenforceable  provision
with a  valid  and  enforceable  provision  that  will  achieve,  to the  extent
possible,  the economic,  business and other  purposes of such invalid,  void or
unenforceable provision.

         8.8 Expenses. Except as otherwise provided herein, each party agrees to
pay, without right of reimbursement  from the other party, the costs incurred by
it incident to the performance of its  obligations  under this Agreement and the
consummation  of  the  transactions  contemplated  hereby,  including,   without
limitation,  costs incident to the preparation of this  Agreement,  and the fees
and disbursements of counsel, accountants and consultants employed by such party
in connection herewith.

         8.9 Headings.  The table of contents and the section and other headings
contained in this Agreement are for reference purposes only and shall not affect
the meaning or interpretation of any provisions of this Agreement.

         8.10 Other Remedies;  Injunctive  Relief.  Except as otherwise provided
herein,  any and all remedies  herein  expressly  conferred upon a party will be
deemed  cumulative with and not exclusive of any other remedy conferred  hereby,
or by law or equity  upon such  party,  and the  exercise  by a party of any one
remedy will not preclude the exercise of any other  remedy.  The parties  hereto
agree  that  irreparable  damage  would  occur  in  the  event  that  any of the
provisions  of this  Agreement  were not  performed  in  accordance  with  their
specific terms or were  otherwise  breached.  It is accordingly  agreed that the
parties  shall be  entitled  to seek an  injunction  or  injunctions  to prevent
breaches of this Agreement and to enforce  specifically the terms and provisions
hereof in any court of the United States or any state having jurisdiction,  this
being in  addition to any other  remedy to which they are  entitled at law or in
equity.  In any action at law or suit in equity to enforce this Agreement or the
rights of the parties hereunder, the prevailing party in any such action or suit
shall be entitled to receive a reasonable  sum for its  attorneys'  fees and all
other reasonable costs and expenses incurred in such action or suit.

         8.11  Counterparts.  This  Agreement  may be  executed in any number of
counterparts,  each of  which  shall  be  deemed  an  original  but all of which
together shall  constitute  one and the same  instrument.  Facsimile  signatures
shall be deemed valid and binding.

         8.12  Remedies  Exclusive.  Except  in the case of  fraud or  equitable
remedies expressly  provided for herein, the parties  acknowledge and agree that
the  indemnification  provisions  set  forth  in  Article  V of  this  Agreement
constitute  the parties' sole and  exclusive  remedy with respect to any and all
claims relating to the  transactions  contemplated by this Agreement.  Governing
Law. This Agreement has been entered into and shall be construed and enforced in
accordance  with the laws of the State of  Colorado,  without  reference  to the
choice of law principles thereof.

         8.13  Jurisdiction  and Venue.  This Agreement  shall be subject to the
exclusive  jurisdiction of the courts of Jefferson County Colorado.  The parties
to this  Agreement  agree  that  any  breach  of any term or  condition  of this
Agreement  shall be deemed to be a breach  occurring in the State of Colorado by
virtue of a failure to perform an act  required to be  performed in the State of
Colorado and irrevocably  and expressly  agree to submit to the  jurisdiction of
the courts of the State of Colorado  for the purpose of  resolving  any disputes

                                       29
<PAGE>

among the parties  relating to this Agreement or the  transactions  contemplated
hereby.  The parties  irrevocably waive, to the fullest extent permitted by law,
any objection which they may now or hereafter have to the laying of venue of any
suit, action or proceeding arising out of or relating to this Agreement,  or any
judgment  entered by any court in respect  hereof  brought in  Colorado  County,
Colorado,  and  further  irrevocably  waive any claim  that any suit,  action or
proceeding  brought  in  Colorado  County,  Colorado  has  been  brought  in  an
inconvenient forum.

         8.14 Participation of Parties.  The parties hereby agree that they have
been  represented  by  counsel  during the  negotiation  and  execution  of this
Agreement and, therefore, waive the application of any law, regulation, holding,
or rule of  construction  providing  that  ambiguities  in an agreement or other
document  will be  construed  against  the  party  drafting  such  agreement  or
document.

         8.15 Further  Assurances.  The parties hereto shall deliver any and all
other instruments or documents  reasonably required to be delivered pursuant to,
or  necessary  or  proper  in order to give  effect  to,  all of the  terms  and
provisions of this Agreement including,  without limitation, all necessary stock
powers and such other  instruments  of transfer as may be necessary or desirable
to transfer ownership of the Superior Stock.

         8.16 Publicity.  No public  announcement or other publicity  concerning
this Agreement or the transactions contemplated hereby shall be made without the
prior written consent of both Superior and MWEX as to form, content,  timing and
manner of  distribution.  Nothing  contained herein shall prevent any party from
making any filing required by federal or state securities laws or stock exchange
rules.

                           [Signature Page to Follow]

                                       30
<PAGE>

         IN WITNESS WHEREOF, the parties hereto have each executed and delivered
this Agreement as of the day and year first above written.

                        MOUNTAINS WEST EXPLORATION, INC.

                        By:/s/Denis Iler
                                Name: Denis Iler
                                Title: President

                        SUPERIOR ENERGY LLC

                        By:/s/G. Roland Carey
                                Name: G. Roland Carey
                                Title: Manager

                        MW Co

                        By:/s/Denis Iler
                                Name:Denis Iler
                                Title: President

                                       31
<PAGE>

                                    Schedule

3.14
         Pioneer Energy has notified  Robert Doak and MWEX of intent to assess a
recalculation  of  unitizing  costs in the  amount  of  $37,000  for some  small
interest methane production in Colorado.

3.15
         Leases Interest and Overrides subject to Purchase Agreement.

3.20
         None - Except  for  working  interest  in  coalbed  methane  properties
operated by Pioneer, and consulting  contracts related thereto,  which may yield
more  than  $10,000  in  revenue,   and  which  may  also   generate   unitizing
recalculation liabilities in excess of $10,000.

3.17
         Robert Doak,  consultant,  $15,000 month  consulting  terminable May 5,
2005.

         Denis Iler, $0 salary, President/Director

         Redgie Green, $0 salary Secretary/Director

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