LASSO PARTNERS, LLC Austin, Texas 78746 Telephone: (512) 327-6122 Facsimile: (512) 327-9626 April 23, 2008Conveyance and Bill of Sale • May 2nd, 2008 • Daybreak Oil & Gas Inc • Crude petroleum & natural gas
Contract Type FiledMay 2nd, 2008 Company IndustryWhen executed on behalf of Daybreak Oil and Gas, Inc. (“Daybreak”), in the space provided below, this letter shall constitute an amendment to that certain Purchase and Sale Agreement dated as of January 15, 2008 (the “Agreement”), between Daybreak and Lasso Partners, LLC (“Lasso”), for the sale of the interests of Daybreak to Lasso in the Tensas River Farms Project in Tensas and Franklin Parishes, Louisiana. Daybreak and Lasso are sometimes collectively referred to herein as the “Parties”, and individually as a “Party”. Capitalized terms not otherwise defined herein shall have the same meaning assigned thereto in the Agreement.