0001141197-07-000027 Sample Contracts

AGREEMENT AND MUTUAL RELEASE
Agreement And • August 23rd, 2007 • Blast Energy Services, Inc. • Oil & gas field exploration services • Nevada

This Agreement and Mutual Release (this “Agreement” or “Mutual Release”) entered into on August 22, 2007, (“Effective Date”) is by and between Blast Energy Services, Inc., a California corporation, and Eagle Domestic Drilling Operations, LLC, a Texas limited liability company wholly owned by Blast (collectively referred to herein as “Blast”) and Thornton Business Security Trust, a Nevada Trust, (the “Trust”), collectively referred to as the “Parties.”

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