Cooperation Agreement and Mutual Release Sample Contracts

COOPERATION AGREEMENT AND MUTUAL RELEASE
Cooperation Agreement and Mutual Release • November 9th, 2007 • Texhoma Energy Inc • Crude petroleum & natural gas • Texas

This Cooperation Agreement and Mutual Release (this “Agreement” or “Mutual Release”) entered into on October 30, 2007, to be effective when executed, is by and between Texhoma Energy, Inc., a Nevada Corporation, which has an address of 100 Highland Park Village, Dallas, Texas 75205 and its wholly owned Delaware subsidiary, Texaurus Energy, Inc. (collectively “Texhoma”) and Terje Reiersen, an individual (”Reiersen”), each individual referred to as a “Party” and collectively referred to as the “Parties.”

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COOPERATION AGREEMENT AND MUTUAL RELEASE
Cooperation Agreement and Mutual Release • July 30th, 2007 • Texhoma Energy Inc • Crude petroleum & natural gas • Texas

This Cooperation Agreement and Mutual Release (this “Agreement” or “Mutual Release”) entered into on July __, 2007, to be effective when executed, is by and between Texhoma Energy, Inc., a Nevada Corporation, which has an address of 100 Highland Park Village, Dallas, Texas 75205 and its wholly owned Delaware subsidiary, Texaurus Energy, Inc. (collectively “Texhoma”) and Lucayan Oil and Gas Investments, Ltd. (“LOGI”), Max Maxwell (“Maxwell”), Meredith Maxwell, and A.E. Buzz Jehle (“Jehle”)(each a “Former Interested Party” and collectively the “Former Interested Parties”), collectively referred to as the “Parties.”

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