West Texas Resources, Inc. Sample Contracts

FORM OF] REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • December 9th, 2011 • West Texas Resources, Inc. • Texas

THIS AGREEMENT (the “Agreement ”) is made and entered into effective as of the 24th day of January 24 2011, by and between West Texas Resources, Inc., a Nevada corporation (the “Company”), and the subscribers of the Company’s securities pursuant to the Confidential Private Placement Memorandum dated January 24, 2010, as supplemented on June 22, 2011 (the “Holder”).

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LEASE AGREEMENT
Lease Agreement • February 10th, 2017 • West Texas Resources, Inc. • Crude petroleum & natural gas • Oklahoma

This Lease Agreement (hereinafter the "Agreement"), dated effective as of September 30, 2015, is between Kiowa Oil Company (“Kiowa”), (hereinafter called "Lessor"), and West Texas Resources, Inc. (“Lessee”), (hereinafter called "Lessee").

note PURCHASE AGREEMENT
Note Purchase Agreement • January 14th, 2014 • West Texas Resources, Inc. • Crude petroleum & natural gas • Texas

THIS NOTE PURCHASE AGREEMENT (“Agreement”) is made and entered into as of September 5, 2013 by and between West Texas Resources, Inc., a Nevada corporation (the “Company”), and Lake Oswego Oil Company, LLC, an Oregon limited liability company (the “Investor”).

JOA 89-03 Revised OPERATING AGREEMENT DATED
Operating Agreement • January 24th, 2012 • West Texas Resources, Inc. • Crude petroleum & natural gas • Texas
August 1, 2013
Sale of Properties Agreement • August 19th, 2013 • West Texas Resources, Inc. • Crude petroleum & natural gas • Texas

GULFEX PETROLEUM, LLC (“GULFEX”) has agreed to participate with WEST TEXAS RESOURCES, INC. (“WTR”) in order to facilitate the acquisition by WTR of certain oil and gas properties and interests in Louisiana. Specifically, GULFEX has agreed to acquire an undivided 45% of the interests to be acquired by WTR through its acquisition of PORT HUDSON VENTURES, LLC, a Texas limited liability company (“PHV”). PHV owns certain undivided interests in producing oil and gas leases, wells and production assets, and related contract and other rights in the Port Hudson Field in East Baton Rouge Parish, Louisiana (which assets are collectively referred herein to as the “Properties” and are more particularly described on Exhibit A hereto). By execution of this letter agreement (the “Agreement”), the parties are formalizing their agreement to the above described transaction, upon the following terms and conditions:

LOAN AGREEMENT
Loan Agreement • August 19th, 2013 • West Texas Resources, Inc. • Crude petroleum & natural gas • Texas

This Loan Agreement is made on and as of the 14th day of August, 2013 (the "Closing Date"), by and between West Texas Resources, Inc., a Nevada corporation, with an office at 5729 Lebanon Road, Suite 144, Frisco, Texas 75034 (the "Borrower") and Gary Bryant, an individual residing at 980 Noble Champions Way, Bartonville, Texas 76226 ("Lender").

July 3, 2013
Letter Agreement • August 19th, 2013 • West Texas Resources, Inc. • Crude petroleum & natural gas

The purpose of this letter agreement (this “Agreement”) is to set forth the understanding and agreement of Wells Fargo Energy Capital, Inc. (“WFEC”) and West Texas Resources, Inc. (“WTR”) concerning the transaction described below.

SECURED CONVERTIBLE note PURCHASE AGREEMENT
Secured Convertible Note Purchase Agreement • January 14th, 2014 • West Texas Resources, Inc. • Crude petroleum & natural gas • Texas

THIS SECURED CONVERTIBLE NOTE PURCHASE AGREEMENT (“Agreement”) is made and entered into as of September 5, 2013 by and between West Texas Resources, Inc., a Nevada corporation (the “Company”), and Gary Bryant (the “Investor”).

WEST TEXAS RESOURCES, INC.
Acquisition Agreement • August 19th, 2013 • West Texas Resources, Inc. • Crude petroleum & natural gas

This letter sets forth the agreement for the acquisition of ten and one hundred sixty-seven thousandths percent (10.0167%) of 8/8ths from Seller's 20.4167% of 8/81bs working interest and a seven and twenty one hundred and twenty ten thousandths percent (7.2120%) net revenue interest (collectively the "Interests") in the WC 225 Lease Block on the date first written above for the following considerations and upon the terms and conditions below: (i) payment of $50,000 by Buyer to Seller by 28th August 2013, and (ii) Buyer's assumption of its proportionate part of Seller's obligations under the Joint Operating Agreement with respect to the WC 225 Lease between Breton Energy, LLC (the "Previous Operator") and Seller dated November I 9, 2007, with working interest percentages modified by letters of Participation Rights between the Previous operator and the Seller dated February 3, 2010 and June 1, 2010.

WEST TEXAS RESOURCES, INC. 5729 Lebanon Road, Suite 144 Frisco, Texas 75034 April 15, 2014
Sale of Properties • April 21st, 2014 • West Texas Resources, Inc. • Crude petroleum & natural gas • Texas

THIS ASSIGNMENT, BILL OF SALE AND CONVEYANCE (“Assignment”), dated April 15, 2014, but effective as of January 1, 2014 at 7:00 a.m. local time (“Effective Time”), from WEST TEXAS RESOURCES, INC. a Nevada corporation whose address is 5729 Lebanon Road, Suite 144, Frisco, Texas 75034 (“Assignor”) to ENTEK PARTNERS, LLC, a Texas limited liability company whose address is 770 South Post Oak Lane, Suite 600, Houston, TX 77056 (Assignee”).

EMPLOYMENT AGREEMENT
Employment Agreement • February 10th, 2017 • West Texas Resources, Inc. • Crude petroleum & natural gas • Texas

THIS EMPLOYMENT AGREEMENT (“Agreement”) is entered into on October 18, 2016 (“Effective Date”) by and between West Texas Resources, Inc., a Nevada corporation (“Company”), and William A. Sawyer, an individual (“Executive”).

LEASE AGREEMENT
Lease Agreement • December 9th, 2011 • West Texas Resources, Inc.

This Lease Agreement is entered into on the 22nd day of August, 2011, by and between BAY ENERGY SERVICES, INC. (herein “BAY” or “LESSEE) and WEST TEXAS RESOURCES, INC., (herein “LESSOR”) to provide the terms under which BAY will lease one or more vacuum water trailers from LESSOR as follows:

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