0001140361-11-011172 Sample Contracts

STOCK AGREEMENT FOR AMIEL DAVID
Stock Agreement • February 22nd, 2011 • Strategic American Oil Corp • Crude petroleum & natural gas • Texas

This STOCK AGREEMENT (the "Agreement") is made and entered into as of February 10, 2011 (the "Effective Date") by and between STRATEGIC AMERICAN OIL CORPORATION, a Nevada corporation ("Company"), and AMIEL DAVID, an individual resident in the State of Texas ("Executive").

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SPE Navigation 1, LLC agreement to acquire working interest
Sale of Working Interest Agreement • February 22nd, 2011 • Strategic American Oil Corp • Crude petroleum & natural gas

Agreement is made this 15th day of February 2011 between Strategic American Oil Corporation, hereinafter referred to as “Seller” and SPE Navigation 1, LLC and/or its assigns, hereinafter referred to as “Purchaser”, concerning the sale of working interest being acquired by Seller in the purchase of Galveston Bay Energy, LLC, which the Purchase and Sale Agreement is included here by reference. Sellers agree to sell and Purchaser agrees to purchase twenty-five percent (25%) of the working interest being acquired by Seller in the said acquisition under the following terms and conditions:

Purchase and Sale Agreement as amended.
Purchase and Sale Agreement • February 22nd, 2011 • Strategic American Oil Corp • Crude petroleum & natural gas • Texas

This PURCHASE AND SALE AGREEMENT (the “Agreement”), dated as of January 18, 2011, is made by and among ERG RESOURCES, L.L.C., a Texas limited liability company (“Seller”), GALVESTON BAY ENERGY, LLC, a Texas limited liability company (the “Company”), and STRATEGIC AMERICAN OIL CORP, , a Nevada corporation (“Buyer”). Seller and the Company are sometimes referred to collectively herein as the “Seller Parties” and individually as a “Seller Party.” The Seller Parties and Buyer are sometimes referred to collectively herein as the “Parties” and individually as a “Party.”

Investor Relations CONSULTING AGREEMENT
Consulting Agreement • February 22nd, 2011 • Strategic American Oil Corp • Crude petroleum & natural gas • Texas

The Consultant is willing and capable of providing on a “Best Efforts” basis, various consulting services. The Client desires to retain the Consultant as an Independent Contractor based upon the following terms and conditions. This includes financial public relations for and on behalf of the client in relation to interactions with broker-dealers, shareholders and members of the public. This may also include certain fund raising efforts and advice as requested by Client of the Consultant as well as advice concerning strategic acquisitions and planning. In consideration of the mutual promises and agreements hereinafter set forth, the receipt and sufficiency of which are hereby acknowledged, the parties herein agree as follows:

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