KINGSLEY RESOURCES, INC. STOCK OPTION AGREEMENTOption and Restricted Stock Plan • February 1st, 2008 • Kingsley Resources, Inc. • Nevada
Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Option Agreement.
Boundary Bay Resources Corporation Kelowna, BC Canada V1Y8C1 Dear Sir: Subject: East Holley Area/DeSoto Parish, La.Kingsley Resources, Inc. • February 1st, 2008
The following hereby summarizes the terms and conditions of the agreement by and between Kingsley Resources Inc., hereinafter referred to as “Seller,” and Boundary Bay Resources Corporation, hereinafter referred to as “Purchaser”, covering the East Holley Area, DeSoto Parish, Louisiana.
OIL AND GAS LEASEOil and Gas Lease • February 1st, 2008 • Kingsley Resources, Inc.
AGREEMENT, Made and entered into the 13 day of June 2007 by and between Gerald W. Bredemeier and Virginia Lois Miller Bredemeier, his wife, whose mailing address is 240 HWY 36 Phillipsburg, Kansas 67661, hereinafter called Lessor (whether one or more), and J. Fred Hambright, Inc., 1415 KSB&T Bldg. Wichita, Kansas 67202, hereinafter called Lessee:
PERMIAN BASIN ACQUISITION FUND Mineral Company WATTS (800) 488-4042 Telephone (432) 684-4042Permian Basin • February 1st, 2008 • Kingsley Resources, Inc.
This agreement dated December 11, 2007, is between Permian Basin Acquisition Fund (“Assignor”) whose address is P.O. Box 3579, Midland, TX 79702 and Kingsley Resources, Inc. (“Assignee”) whose address is 1936 Alcoba Ridge Dr., Las Vegas, Nevada 89135. In consideration of the mutual promises herein, the benefits to be derived by each party hereunder, the payment of One Hundred Thousand Dollars ($100,000.00) from Assignee to Assignor contemporaneously with the execution hereof, the receipt of which is hereby acknowledged by Assignor, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Assignor and Assignee agree as follows:
