0001144204-08-020841 Sample Contracts

To: TXCO Resources, Inc.
Lower Call Option Transaction • April 7th, 2008 • TXCO Resources Inc • Crude petroleum & natural gas • New York

The purpose of this letter agreement (this “Confirmation”) is to confirm the terms and conditions of the Transaction entered into between Capital Ventures International (“Party A”) and TXCO Resources, Inc. (“Party B”) on the Trade Date specified below (the “Transaction”). This Confirmation constitutes a “Confirmation” as referred to in the Agreement specified below.

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