TRANSPACIFIC PETROLEUM LTD. of Richmond, in the Province of British Columbia (hereinafter called “the Assignor”) and MOGUL ENERGY LTD. of Vancouver, in the Province of British Columbia and MOGUL ENERGY INTERNATIONAL, INC. of Seattle, in the State of...

EXHIBIT 10.8

THIS ASSIGNMENT MADE EFFECTIVE THE 4th DAY OF APRIL, 2006.

BETWEEN:

TRANSPACIFIC PETROLEUM LTD.

of Richmond, in the Province of British Columbia

(hereinafter called “the Assignor”)

and

MOGUL ENERGY LTD.

of Vancouver, in the Province of British Columbia

and

MOGUL ENERGY INTERNATIONAL, INC.

of Seattle, in the State of Washington, U.S.A.

(hereinafter called “the Assignee”)

WHEREAS the Assignor did lease mineral interests in lands as listed on the attached Schedule ‘A’ (Leases), and the Assignor has agreed to assign unto the Assignee a portion of the interests in its right, title, estate and interest in, to and under the said Leases.

NOW, THEREFORE, in consideration of the premises and the payment by the Assignee to the Assignor of the sum of -----One Dollar--------00/100 ($1.00) (the receipt of which sum is hereby acknowledge), THIS AGREEMENT WITNESSTH:

1. The Assignor hereby transfers, assigns and sets over unto the Assignee its right, title and interest in, to and under the said Leases and in every extension or renewal thereof and in all benefit and advantage to be derived therefrom in the following proportions:

Mogul Energy Ltd. - 25%

Mogul Energy International, Inc. - 50%

The Assignor shall retain 25% interest in said Leases.

2. The Assignor covenants that it has not transferred, assigned, hypothecated or otherwise parted with any of its interest in the said Leases and that, subject to the terms and provisions of the said Leases, it now has good right, full power and absolute authority to transfer, set over and assign its interest in the said Leases to the Assignee in the manner aforesaid according to the true intent and meaning of this assignment.

3. Subject to the performance by the Assignee of the covenants and conditions contained in the said Leases, the Assignee shall hold and enjoy the interest conveyed to it hereunder for the residue of the term of the said Leases and every extension or renewal thereof for its own use and benefit by, through or under it. The Assignee for its part covenants with the Assignor that it will be bound by, observe and perform the Lessee’s covenants and agreements in the said Leases reserved and contained and the Assignee agrees to indemnify and save harmless the Assignor from and against the observation and performance of the said covenants and agreements from and after the effective date of this agreement.

4. Each of the parties hereto shall from time to time and at all times hereafter do all such further acts and execute and deliver all such further deeds and documents as shall be reasonably required in order to fully perform and carry out the terms of this agreement.

5. It is hereby agreed that this assignment shall enure to the benefit of and be binding upon the parties hereto, their successors and assigns.

IN WITNESS WHEREOF the parties hereto have caused their corporate seals to be hereunto affixed, attested by the hands of their respective proper officers duly authorized in that behalf, effective the date and year above written.

SIGNED, SEALED AND DELIVERED,

	ASSIGNOR:
	TRANSPACIFIC PETROLEUM CORP.


	Per:	/s/ Xxxxxxx Xxxx

	ASSIGNEE:
	MOGUL ENERGY LTD.


	Per:	/s/ Xxxxxx Xxxx


	ASSIGNEE:
	MOGUL ENERGY INTERNATIONAL, INC.


	Per:	/s/ Naeem Tyab

SCHEDULE ‘A’

Attached to and forming part of an Assignment of Lease made effective the ____ day of __________________, 2006 between TransPacific Petroleum Corp., as Assignor, and Mogul Energy Ltd. and Mogul Energy International Inc., as Assignee

Legal Description	Parcel No.	Lessor	Interest	Lease Date	Net Acres
SE 13-9-30 W1M	112507365	Xxxxxxx Xxxxxx Xxxxxxxx	25% M&M	February 20, 2006	40.0
SE 13-9-30 W1M	112507365	Xxx Xxxxxx and Xxxxx Xxxxxxx	25% M&M	February 22, 2006	40.0
SE 13-9-30 W1M	112507365	Xxxxx Xxxxxx Xxxxxxxx	25% M&M	February 23, 2006	40.0
SE 13-9-30 W1M	112507365	Xxxxxx Xxxxxxx	25% M&M	March 9, 2006	40.0
SW 13-9-30 W1M	112507376	Xxxxx Xxxxxx Xxxxxxxx	25% M&M	February 23, 2006	40.0
SW 13-9-30 W1M	112507376	Xxx Xxxxxx and Xxxxx Xxxxxxx	25% M&M	February 22, 2006	40.0
SW 13-9-30 W1M	112507376	Xxxxxxx Xxxxxx Xxxxxxxx	25% M&M	February 20, 2006	40.0
SW 13-9-30 W1M	112507376	Xxxxxx Xxxxxxx	25% M&M	March 9, 2006	40.0
NE 21-9-30 W1M	112506432	Xxxxxxxx Xxxxxxx, Personal Representative for the estate of Xxxxxx X. Xxxxxxx	100% M&M	February 20, 2006	160.0
NW 23-9-30 W1M	112507837	Xxxxx May Xxxxxxxxx, Xxxxxxxx Xxxxx Xxxxxxxxx and Xxxxx Xxxx Xxxxxx	100% M&M	February 28, 2006	160.0
SW 23-9-30 W1M	112507848	Xxxxx May Xxxxxxxxx, Xxxxxxxx Xxxxx Xxxxxxxxx and Xxxxx Xxxx Xxxxxx	100% M&M	February 28, 2006	160.0
NE 33-9-30 W1M	112507129	Xxxxxxxx Xxxxxxx, Personal Representative for the estate of Xxxxxx X. Xxxxxxx	100% M&M	February 20, 2006	160.0
NW 33-9-30 W1M	112506331	Xxxxxxxx Xxxxxxx, Personal Representative for the estate of Xxxxxx X. Xxxxxxx	100% M&M	February 20, 2006	160.0
SE 33-9-30 W1M	112507398	Xxxxxxxx Xxxxxxx, Personal Representative for the estate of Xxxxxx X. Xxxxxxx	100% M&M	February 20, 2006	160.0
NE 17-9-31 W1M	112603340	Xxxxxx Xxxxxxx and Xxxxxx Xxxxxxx	100% M&M	December 5, 2005	160.0
NW 17-9-31 W1M	112603351	Xxxxxx Xxxxxxx and Xxxxxx Xxxxxxx	100% M&M	December 5, 2005	160.0
SE 17-9-31 W1M	112603362	Xxxxxx Xxxxxxx and Xxxxxx Xxxxxxx	100% M&M	December 5, 2005	160.0
SW 17-9-31 W1M	112603373	Xxxxxx Xxxxxxx and Xxxxxx Xxxxxxx	100% M&M	December 5, 2005	160.0
SE 13-9-33 W1M	112636649	Xxxxxxxxx Xxx Xxxxxx	50% M&M	February 22, 2006	80.0
SE 13-9-33 W1M	112636649	Xxxxx Xxx Xxxxxxx	50% M&M	March 7, 2006	80.0
SW 13-9-33 W1M	112636650	Xxxxx Xxx Xxxxxxx	50% M&M	March 7, 2006	80.0
SW 13-9-33 W1M	112636650	Xxxxxxxxx Xxx Xxxxxx	50% M&M	February 22, 2006	80.0
SE 13-10-30 W1M	112596509	Xxxx Xxxxx	100% M&M	February 24, 2006	160.0

Legal Description	Parcel No.	Lessor	Interest	Lease Date	Net Acres
NE 21-10-30 W1M	112597162	Xxxxxx Xxxxx XxXxxx and Xxxxx Xxxxxx Xxxxx	100% M&M	March 8, 2006	160.0
NW 21-10-30 W1M	112597173	Xxxxxx Xxxxx XxXxxx and Xxxxx Xxxxxx Xxxxx	100% M&M	March 8, 2006	160.0
SW 28-10-30 W1M	112597184	Xxxxxx Xxxxx XxXxxx and Xxxxx Xxxxxx Xxxxx	100% M&M	March 8, 2006	160.0
NE 32-10-30 W1M	114264413	Xxxxx X. Xxx	50% M&M Exc. Coal	March 1, 2006	80.0
NW 32-10-30 W1M	114264435	Xxxxx XxXxxxxx Xxx	50% M&M Exc. Coal	March 1, 2006	80.0
SW 32-10-30 W1M	114264424	Xxxxx XxXxxxxx Xxx	50% M&M Exc. Coal	March 1, 2006	80.0
NW 33-10-30 W1M	112596723	Xxxxx Xxx	50% M&M	March 1, 2006	80.0
SW 33-10-30 W1M	112596734	Xxxxx Xxx	50% M&M	March 1, 2006	80.0
NW 19-10-32 W1M	112464772	Xxxx Xxxxxxx	1/3 M&M	January 1, 2006	51.32
NW 19-10-32 W1M	112464772	Xxxxx Xxxxxxx	1/3 M&M	January 1, 2006	51.32
NW 19-10-32 W1M	112464772	Xxxxxx Xxxxxxx	1/3 M&M	January 1, 2006	51.32
SE 19-10-32 W1M	114190714	Xxxx Xxxxxxx	1/6 M&M Exc. Coal	January 1, 2006	27.00
SE 19-10-32 W1M	114190714	Xxxxx Xxxxxxx	1/6 M&M Exc. Coal	January 1, 2006	27.00
SE 19-10-32 W1M	114190714	Xxxxxx Xxxxxxx	1/6 M&M Exc. Coal	January 1, 2006	27.00
SW 19-10-32 W1M	114190725	Xxxxxx Xxxxxxx	1/3 M&M	January 1, 2006	51.32
SW 19-10-32 W1M	114190725	Xxxxx Xxxxxxx	1/3 M&M	January 1, 2006	51.32
SW 19-10-32 W1M	114190725	Xxxx Xxxxxxx	1/3 M&M	January 1, 2006	51.32
NW 23-10-32 W1M	112464615	Xxxxx Xxxxxx (Younger)	100% M&M	January 1, 2006	160.0
SW 23-10-32 W1M	112464626	Xxxxxx Xxxx Xxxxxx and Xxxxxx Xxxx Xxxxxx	100% M&M	January 1, 2006	160.0
SW 25-10-32 W1M	112464558	Xxxxxx Xxxx Xxxxxx and Xxxxxx Xxxx Xxxxxx	100% M&M	January 1, 2006	160.0
SW 26-10-32 W1M	112464514	Xxxx Xxxx Xxxxxx, Xxxxxx Xxx Xxxxxx, Xxxxxx Xxx Xxxxxx and Xxxxxx Xxx Xxxxxxxx	50% M&M	January 4, 2006	80.0
SE 26-10-32 W1M	112464547	Xxxxx Xxxxxx Xxxxxxx	50% M&M	November 3, 2005	80.0

Legal Description	Parcel No.	Lessor	Interest	Lease Date	Net Acres
LSD 10 & 00-00-00-00 W1M W 1/2 31-10-32 W1M	112581794 112581806 112581828 112581817	Xxxx Xxxxxx	3/40 M&M	December 12, 2005	17.7
LSD 10 & 00-00-00-00 W1M W 1/2 31-10-32 W1M	112581794 112581806 112581828 112581817	Xxxxx Xxxxxx	5/40 M&M	December 12, 2006	29.38
LSD 10 & 00-00-00-00 W1M W 1/2 31-10-32 W1M	112581794 112581806 112581828 112581817	Xxxxx Xxxxxxxx	3/40 M&M	March 7, 2006	17.7
NE 33-10-32 W1M	111726839	Xxxxxx Xxxxxxxxx Bil (Younger)	50% M&M Exc. Coal	November 16, 2005	80.0
NE 19-11-31 W1M	112542465	Xxxxxx Xxxxxxxxx	100% M&M	December 12, 2005	160.0
NE 2-11-32 W1M	112613284	The Great-West Life Assurance Company	100% M&M	January 1, 2006	158.06
SE 2-11-32 W1M	112613295	The Great-West Life Assurance Company	100% M&M	January 1, 2006	158.9
SE 3-11-32 W1M	112612665	Xxxxx Xxxxxxx Xxxxxxx	100% M&M	January 1, 2006	160.0
SW 3-11-32 W1M	112612676	Xxxxx Xxxxxxx Xxxxxxx	100% M&M	January 1, 2006	160.0
NE 5-11-32 W1M	112613239	Xxxxx Xxxxx	100% M&M	November 2, 2005	18.0
NE 5-11-32 W1M	112613172	Xxxxxxxx Xxxxxxx Xxxxxxxxx and Xxxxxxxx Xxxxxx Xxxxxxxxx	100% M&M	March 1, 2006	142.4
SW 5-11-32 W1M	114236827	Xxxx Xxxxxxx XxXxxxxxx	100% M&M	March 1, 2006	4.14
NE 7-11-32 W1M	112612991	Xxxxxx Xxxxx (Younger)	50% M&M	November 29, 2005	80.0
NE 7-11-32 W1M	112612991	Xxxxxxxxx Xxxxxx Xxxxxxx	25% M&M	November 28, 2005	40.0
NW 7-11-32 W1M	112613015	Xxxxxx Xxxxx (Younger)	50% M&M	November 29, 2005	83.19
NW 7-11-32 W1M	112613015	Xxxxxxxxx Xxxxxx Xxxxxxx	25% M&M	November 28, 2005	41.6
SE 7-11-32 W1M	112613004	Xxxxxx Xxxxx (Younger)	50% M&M	November 29, 2005	80.0
SE 7-11-32 W1M	112613004	Xxxxxxxxx Xxxxxx Xxxxxxx	25% M&M	November 28, 2005	40.0
SW 7-11-32 W1M	112613026	Xxxxxx Xxxxx (Younger)	50% M&M	November 29, 2005	83.33
SW 7-11-32 W1M	112613026	Xxxxxxxxx Xxxxxx Xxxxxxx	25% M&M	November 28, 2005	41.67
NE 9-11-32 W1M	161539678 161539689	Xxxxxx North	25% M&M	November 28, 2005	40.0

Legal Description	Parcel No.	Lessor	Interest	Lease Date	Net Acres
NE 9-11-32 W1M	112612575	Xxxxxxxx Xxxxxxxxx North	25% M&M	November 21, 2005	40.0
NE 9-11-32 W1M	112612575	Xxxxxxxxxx Xxxx Xxx Xxxxxx	25% M&M	November 21, 2005	40.0
NE 9-11-32 W1M	112612575	Xxxx Xxxxxxx Xxx	25% M&M	November 22, 2005	40.0
NW 9-11-32 W1M	112612553	Xxxxx Xxxx	100% M&M	November 30, 2005	160.0
SE 9-11-32 W1M	112612586	Xxxxxxxx Xxxxxxxxx North	25% M&M	November 21, 2005	40.0
SE 9-11-32 W1M	112612586	Xxxxxx North	25% M&M	November 28, 2005	40.0
SE 9-11-32 W1M	112612586	Xxxxxxxxxx Xxxx Xxx Xxxxxx	25% M&M	November 21, 2005	40.0
SE 9-11-32 W1M	112612586	Xxxx Xxxxxxx Xxx	25% M&M	November 22, 2005	40.0
SW 9-11-32 W1M	112612564	Xxxx Xxxx	100% M&M	November 28, 2005	160.0
NE 10-11-32 W1M	112612496	Xxxx Xxxxx XxXxxxxxxxx	1/3 M&M	December 15, 2005	54.0
NE 10-11-32 W1M	112612496	Xxxxxxx Xxxxx XxXxxxxxxxx	1/3 M&M	December 21, 2005	54.0
NE 10-11-32 W1M	112612496	Clinton Xxxx XxXxxxxxxxx	1/3 M&M	January 5, 2006	54.0
NW 10-11-32 W1M	114236793 114236782	Xxxx Xxxxx XxXxxxxxxxx	1/6 M&M Exc. Coal	December 15, 2005	25.6
NW 10-11-32 W1M	114236793 114236782	Xxxxxx Xxxxx XxXxxxxxxxx	1/6 M&M Exc. Coal	December 21, 2005	25.6
NW 10-11-32 W1M	114236793 114236782	Clinton Xxxx XxXxxxxxxxx	1/6 M&M Exc. Coal	January 5, 2006	25.6
SW 10-11-32 W1M	114236805	Xxxx Xxxxx XxXxxxxxxxx	1/6 M&M Exc. Coal	December 15, 2005	27.0
SW 10-11-32 W1M	114236805	Xxxxxxx Xxxxx XxXxxxxxxxx	1/6 M&M Exc. Coal	December 21, 2005	27.0
SW 10-11-32 W1M	114236805	Clinton Xxxx XxXxxxxxxxx	1/6 M&M Exc. Coal	January 5, 2006	27.0
NE 12-11-32 W1M	111444320	Xxxxxx Xxxxxxx Xxxx	50% M&M	January 1, 2006	80.0
NE 14-11-32 W1M	111308307	Xxxxxxx Xxxxxxxxx XxXxxxxx	100% M&M	November 22, 2005	160.0
NW 14-11-32 W1M	111308295	Xxxxxxx Xxxxxxxx Xxxxxxxxx XxXxxxxx	100% M&M	November 16, 2005	160.0
NE 15-11-32 W1M	114236748	Xxxxxxxxx Xxxxx Xxxxxx and Xxxx Xxxxx Xxxxxx	50% M&M Exc. Coal	November 2, 2005	80.0
NW 15-11-32 W1M	114236759	Xxxxxxxxx Xxxxx Xxxxxx and Xxxx Xxxxx Xxxxxx	50% M&M Exc. Coal	November 2, 2005	80.0
NE 17-11-32 W1M	114236681 114236670	Xxxx Hajewich, Xxxxx Hajewich and Xxxxx Xxxx	50% M&M Exc. Coal	March 1, 2006	78.75
NW 17-11-32 W1M	114236704 114236692	Xxxx Hajewich, Xxxxx Hajewich and Xxxxx Xxxx	50% M&M Exc. Coal	March 1, 2006	76.69

Legal Description	Parcel No.	Lessor	Interest	Lease Date	Net Acres
SE 17-11-32 W1M	114236726 114236715	Xxxx Hajewich, Xxxxx Hajewich and Xxxxx Xxxx	50% M&M Exc. Coal	March 1, 2006	77.94
SW 17-11-32 W1M	114236737	Xxxx Hajewich, Xxxxx Hajewich and Xxxxx Xxxx	50% M&M	March 1, 2006	80.0
NE 18-11-32 W1M	112612104	Xxxxxx Xxxxx	100% M&M	December 9, 2005	10.02
NW 18-11-32 W1M	112612823	Xxxxxxxx Xxxxxx	100% M&M	November 2, 2005	165.76
NE 19-11-32 W1M	112612913	Xxxxxx May Xxxxxxx	100% M&M	March 1, 2006	160.0
SE 19-11-32 W1M	112612070	Xxxxxx Xxxxx	100% M&M	November 19, 2005	158.83
SW 19-11-32 W1M	112612081	Xxxxxx Xxxxx	100% M&M	November 19, 2005	158.7
NE 20-11-32 W1M	112612025	Xxxxxx Xxxx Xxxxxx and Xxxxxx Xxxxx Xxxxxx	50% M&M Exc. Coal	November 30, 2005	80.0
NW 20-11-32 W1M	112612036	Xxxxxx Xxxx Xxxxxx and Xxxxxx Xxxxx Xxxxxx	50% M&M Exc. Coal	November 30, 2005	80.0
NE 21-11-32 W1M	112612014	Xxxxxx Xxxxx Xxxxxxx	50% M&M	October 27, 2005	80.0
NE 21-11-32 W1M	112612014	Xxxxxx Xxxxxx Xxxxx	50% M&M	November 16, 2005	80.0
NW 21-11-32 W1M	112612801	Xxxxxx Xxxxxx Xxxxx	50% M&M	November 16, 2005	80.0
NW 21-11-32 W1M	112612801	Xxxxxx Xxxxx Xxxxxxx	50% M&M	October 27, 2005	80.0
NE 23-11-32 W1M	114236625	Xxxxxx Field	50% M&M Exc. Coal	November 30, 2005	80.0
NW 23-11-32 W1M	112612755	Xxxxxx Xxxx Guest	1/3 M&M	November 20, 2005	53.34
NW 23-11-32 W1M	112612755	Xxxxx Xxxx Xxxxxxxxx	1/3 M&M	December 12, 2005	53.34
NW 23-11-32 W1M	112612755	Xxxx Xxxxxxx XxXxxxx	1/3 M&M	December 7, 2005	53.34
SE 23-11-32 W1M	114236636	Xxxxxx Field	50% M&M Exc. Coal	November 30, 2005	80.0
SW 23-11-32 W1M	112612766	Xxxx Xxxxxxx XxXxxxx	1/3 M&M	December 7, 2005	53.34
SW 23-11-32 W1M	112612766	Xxxxxx Xxxx Guest	1/3 M&M	November 20, 2005	53.34
SW 23-11-32 W1M	112612766	Xxxxx Xxxx Xxxxxxxxx	1/3 M&M	December 12, 2005	53.34
NE 26-11-32 W1M	112611990	Xxxxxxxxx Xxxxx Xxxxxx and Xxxx Xxxxx Xxxxxx	100% M&M	November 2, 2005	160.0
NW 26-11-32 W1M	111308127	Xxxxxxxx Xxx Xxxxxx	25% M&M Exc. Coal	January 7, 2006	40.0
NW 26-11-32 W1M	111308127	Xxxxxxx Xxxxxxx Xxx	25% M&M Exc. Coal	January 9, 2006	40.0
SE 26-11-32 W1M	112612003	Xxxxxxxxx Xxxxx Xxxxxx and Xxxx Xxxxx Xxxxxx	100% M&M	November 2, 2005	160.0

Legal Description	Parcel No.	Lessor	Interest	Lease Date	Net Acres
SW 26-11-32 W1M	111308116	Xxxxxxxx Xxx Xxxxxx	25% M&M Exc. Coal	January 7, 2006	40.0
SW 26-11-32 W1M	111308116	Xxxxxxx Xxxxxxx Xxx	25% M&M Exc. Coal	January 9, 2006	40.0
SE 27-11-32 W1M	112612777	Xxxxxx Xxxx Guest	1/3 M&M	December 15, 2005	53.34
SE 27-11-32 W1M	112612777	Xxxx Xxxxxxx XxXxxxx	1/3 M&M	December 7, 2005	53.34
SE 27-11-32 W1M	112612777	Xxxxx Xxxx Xxxxxxxxx	1/3 M&M	December 12, 2005	53.34
SW 30-11-32 W1M	112612160	The Great-West Life Assurance Company	100% M&M	November 16, 2005	160.0
NW 31-11-32 W1M	112612171	Xxxxxx X. Xxxxxxx	100% M&M	October 31, 2005	160.0
SE 31-11-32 W1M	114236603	Xxxxxx Xxxxxxx Xxxxxxx	50% M&M Exc. Coal	October 31, 2005	80.0
SW 31-11-32 W1M	114236614	Xxxxxx Xxxxxxx Xxxxxxx	100% M&M	October 31, 2005	160.0
NE 35-11-32 W1M	111307283	Xxxxxxxx Xxx Xxxxxx	25% M&M Exc. Coal	January 7, 2006	40.22
NE 35-11-32 W1M	111307283	Xxxxxxx Xxxxxxx Xxx	25% M&M Exc. Coal	January 9, 2006	40.22
NW 35-11-32 W1M	111307294	Xxxxxxxx Xxx Xxxxxx	25% M&M Exc. Coal	January 7, 2006	40.2
NW 35-11-32 W1M	111307294	Xxxxxxx Xxxxxxx Xxx	25% M&M Exc. Coal	January 9, 2006	40.2
SE 35-11-32 W1M	111307306	Xxxxxxxx Xxx Xxxxxx	25% M&M Exc. Coal	January 7, 2006	40.2
SE 35-11-32 W1M	111307306	Xxxxxxx Xxxxxxx Xxx	25% M&M Exc. Coal	January 9, 2006	40.2
SW 35-11-32 W1M	111615386	Xxxxx X. Xxxxxxxx	100% M&M	November 8, 2005	161.0
SW 36-11-32 W1M	112612890	Xxxxx Xxxxxxx and Xxxxxx Xxxxxxx	50% M&M Exc. Coal	November 3, 2005	80.0
NE 2-12-32 W1M	111307317	Xxxxx Xxx Xxxxxx	50% M&M	March 15, 2006	80.0
NE 2-12-32 W1M	111307317	Cody Xxxx Xxxxxx	50% M&M	March 15, 2006	80.0
NW 2-12-32 W1M	111307328	Xxxxxx Xxxxxx Xxxxxxx	100% M&M	March 2, 2006	160.0
SE 3-12-32 W1M	111376403	Xxxxxx Xxxxxx Xxxxxxx	50% M&M Exc. Coal	March 2, 2006	80.0
NE 3-12-32 W1M	111376391	Xxxxxx Xxxxxx Xxxxxxx	50% M&M Exc. Coal	March 2, 2006	80.0

Legal Description	Parcel No.	Lessor	Interest	Lease Date	Net Acres
NW 3-12-32 W1M	111376414 111376447	Xxxxxx Xxxxxx Xxxxxxx	50% M&M Exc. Coal	March 2, 2006	80.0
SW 3-12-32 W1M	111376425 111376436	Xxxxxx Xxxxxx Xxxxxxx	50% M&M Exc.Coal	March 2, 2006	80.0
SE 31-9-30 W1M	112507556	Xxxxxxx Xxxxxxx	25% M&M	March 20, 2006	40.0
SW 31-9-30 W1M	112507545	Xxxxxxx Xxxxxxx	25% M&M	March 20, 2006	40.0

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TRANSPACIFIC PETROLEUM LTD. of Richmond, in the Province of British Columbia (hereinafter called “the Assignor”) and MOGUL ENERGY LTD. of Vancouver, in the Province of British Columbia and MOGUL ENERGY INTERNATIONAL, INC. of Seattle, in the State of...

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