0001047469-06-015280 Sample Contracts

PLAINS MARKETING, L.P. LETTERHEAD] Crude Oil Purchase Contract
Ellora Energy Inc • December 26th, 2006 • Crude petroleum & natural gas

This contract by and between Ellora Operating, L.P. ("Ellora"), with an address of 5480 Valmont, Suite 350, Boulder, CO 80301—and Plains Marketing, L.P., ("PMLP"), covering the sale and delivery by Ellora and the purchase and receipt by PMLP of the hereinafter specified oil is entered into in accordance with the following feints and conditions:

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PLAINS MARKETING, L.P. LETTERHEAD]
Ellora Energy Inc • December 26th, 2006 • Crude petroleum & natural gas

This fax evidences our understanding of the entire agreement and shall constitute the formal contract. Please acknowledge by return fax your acceptance of and agreement to the terms stated herein. Unless we receive notice of your objections within five (5) business days, we will consider this agreement as final and binding on both patties.

PLAINS MARKETING, L.P. LETTERHEAD] Crude Oil Purchase Contract
Ellora Energy Inc • December 26th, 2006 • Crude petroleum & natural gas

This contract by and between Presco Western, LLC ("Presco"), with an address of 1775 Sherman Street, Suite 2950, Denver, CO 80203 and Plains Marketing, L.P., ("PMLP"), covering the sale and delivery by Presco and the purchase and receipt by PMLP of the hereinafter specified oil is entered into in accordance with the following team and conditions:

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