PAXTON ENERGY, INC. SECURITY AGREEMENTSecurity Agreement • November 19th, 2008 • Paxton Energy Inc • Crude petroleum & natural gas • California
This Security Agreement (the “Agreement”) is made and entered into as of September 3, 2008, by and between Paxton Energy, Inc., a Nevada corporation (the “Debtor”), in favor of each of the secured parties listed on Exhibit A attached to this Agreement (each a “Secured Party” and together the “Secured Parties”).
ASSIGNMENT AND BILL OF SALEAssignment and Bill of Sale • November 19th, 2008 • Paxton Energy Inc • Crude petroleum & natural gas
THIS ASSIGNMENT AND BILL OF SALE (“Assignment”) executed by Bayshore Exploration L.L.C., a Texas Limited Liability Company (“Assignor”), whose address is 1949 Clens Rd., Bellville, Austin County, Texas 77418, to Entheos Technologies, a Nevada corporation, whose address is Suite 216, 1628 West 1st Ave, Vancouver, BC, Canada (“Assignee”), dated effective 12:01 a.m. on September 1, 2008 (said hour and day being hereinafter called the “Effective Time”).
