0001127855-07-000155 Sample Contracts

Contract
Asset Purchase Agreement • February 26th, 2007 • Gryphon Oil & Gas Inc. • Saskatchewan

EXHIBIT 10.1 – MATERIAL CONTRACT – ASSET PURCHASE AGREEMENT THIS AGREEMENT made effective as of the 9th day of May, 2006. BETWEEN: SCOTT BELL, Businessman, of P.O. Box 228, La Ronge, Saskatchewan, Canada, S0J 1L0 (the "Vendor")

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