0001108078-08-000160 Sample Contracts

Pioneer Exploration Inc.
Option Agreement • November 13th, 2008 • Pioneer Exploration Inc. • Metal mining • British Columbia

This letter will confirm our numerous discussions concerning the proposed purchase of up to 50,000 free trading common shares in the capital of Macallan Oil & Gas Inc. (the “Shares”).

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Pioneer Exploration Inc.
Option to Purchase Agreement • November 13th, 2008 • Pioneer Exploration Inc. • Metal mining • British Columbia

This letter will confirm our numerous discussions concerning the proposed purchase of up to 75,000 free trading common shares in the capital of Macallan Oil & Gas Inc. (the “Shares”).

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