0001144204-06-026863 Sample Contracts

LOAN AGREEMENT
Loan Agreement • June 30th, 2006 • Rancher Energy Corp. • Gold and silver ores • Nevada

ENEREX CAPITAL, CORP., a company incorporated under the laws of the Province of British Columbia, having an office at Suite 2410, 650 West Georgia Street, Vancouver, British Columbia, V6B 4N7

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EXPLORATION AND DEVELOPMENT AGREEMENT
Exploration and Development Agreement • June 30th, 2006 • Rancher Energy Corp. • Gold and silver ores
ASSIGNMENT AGREEMENT
Assignment Agreement • June 30th, 2006 • Rancher Energy Corp. • Gold and silver ores • Montana

This ASSIGNMENT AGREEMENT (the “Assignment Agreement”) is made and entered into on this 6 day of June, 2006, between PIN PARTNERS PETROLEUM LTD, a company organized and existing under the laws of British Columbia (the “the Assignor”), and RANCHER ENERGY CORP., a company organized and existing under the laws of Nevada, USA.

EMPLOYMENT AGREEMENT
Employment Agreement • June 30th, 2006 • Rancher Energy Corp. • Gold and silver ores • Washington

RANCHER ENERGY CORP., a company incorporated under the laws of the State of Nevada, having an office address of 1811 East 17th Avenue, Spokane, Washington, USA, 99203

ASSIGNMENT AGREEMENT
Assignment Agreement • June 30th, 2006 • Rancher Energy Corp. • Gold and silver ores • Wyoming

This ASSIGNMENT AGREEMENT (the “Assignment Agreement”) is made and entered into on this 21st day of June, 2006, between PIN PETROLEUM PARTNERS LTD, a company organized and existing under the laws of British Columbia (the “Assignor”), and RANCHER ENERGY CORP., a company organized and existing under the laws of Nevada, USA.

Burke Ranch Unit Purchase and Participation Agreement Between: HOT SPRINGS RESOURCES LTD. (”Seller” or “HSR") and PIN PARTNERS PETROLEUM LTD. (”Buyer" or "PIN") Made as of the 6th day of February, 2006
Burke Ranch Unit Purchase and Participation Agreement • June 30th, 2006 • Rancher Energy Corp. • Gold and silver ores

The expressions "Article", "section", "subsection", "clause", "subclause", "paragraph" and "Schedule" followed by a number or letter or combination thereof mean and refer to the specified article, section, subsection, clause, subclause, paragraph and schedule of or to this Agreement.

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