0001002014-06-000538 Sample Contracts

COBRA OIL & GAS COMPANY
Joint Venture Agreement • July 25th, 2006 • Cobra Oil & Gas CO
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SUBSCRIPTION AGREEMENT
Subscription Agreement • July 25th, 2006 • Cobra Oil & Gas CO

Concurrent with execution of this Agreement, the undersigned (the "Purchaser") is purchasing __________________________________________________ (__________) shares of Common Stock of COBRA OIL & GAS COMPANY (the "Company") at a price of $0.10 per share (the "Subscription Price").

COBRA OIL & GAS COMPANY
Joint Venture Agreement • July 25th, 2006 • Cobra Oil & Gas CO
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