Exhibit 10.1 DEBT CONVERSION AGREEMENT This Debt Conversion Agreement (the "Agreement") dated April 10, 2006 is by and between, Texhoma Energy, Inc., a Nevada corporation ("Company") and Lucayan Oil and Gas Investment, Ltd. ("LOGI"), a Bahamas...Debt Conversion Agreement • April 19th, 2006 • Texhoma Energy Inc • Crude petroleum & natural gas • Texas
