0001432093-09-000201 Sample Contracts

FORM OF STOCK OPTION AGREEMENT
Stock Option Agreement • May 19th, 2009 • Siberian Energy Group Inc. • Drilling oil & gas wells • Nevada
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ONE YEAR TERM EXTENSION TO THE EMPLOYMENT AGREEMENT OF AUGUST 1, 2004
Siberian Energy Group Inc. • May 19th, 2009 • Drilling oil & gas wells

By and between Siberian Energy Group Inc., a Nevada corporation (the “Company”), and David Zaikin (“Employee”) entered into this 30th day of April, 2009, and made effective as of January 1, 2009.

ONE YEAR TERM EXTENSION TO THE EMPLOYMENT AGREEMENT OF AUGUST 1, 2004
Siberian Energy Group Inc. • May 19th, 2009 • Drilling oil & gas wells

By and between Siberian Energy Group Inc., a Nevada corporation (the “Company”), and Elena Pochapski (“Employee”) entered into this 30th day of April 2009, and made effective as of January 1, 2009.

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