NON-RECOURSE COMMERCIAL NOTENon-Recourse Commercial Note • January 24th, 2008 • Platina Energy Group Inc. • Crude petroleum & natural gas • Kentucky
Contract Type FiledJanuary 24th, 2008 Company Industry JurisdictionFOR VALUE RECEIVED, and in consideration of the terms and conditions contained in that certain Agreement of Purchase and Sale of Assets dated effective as of January 1, 2008, among Lender, TGC, Inc., AT Gas Gathering Systems, Inc., and Borrower (the “Purchase Agreement”), WILDCAT ENERGY CORP., a Nevada corporation, with an address of P.O. Box 3008, London, Kentucky 40743 ("Borrower"), promises to pay to the order of ENERGAS RESOURCES, INC., a Delaware corporation, with an address of 800 NE 63rd Street, 3rd Floor, Oklahoma City, Oklahoma 73105 ("Lender"), the principal sum of Two Million Two Hundred Thousand Dollars ($2,200,000.00), together with interest thereon, on or before the "Maturity Date" as that term is defined below. Principal of this Note and all accrued interest thereon shall be due and payable as follows: