<SEC-DOCUMENT>0000887396-11-000039.txt : 20111214
<SEC-HEADER>0000887396-11-000039.hdr.sgml : 20111214
<ACCEPTANCE-DATETIME>20111214114659
ACCESSION NUMBER:		0000887396-11-000039
CONFORMED SUBMISSION TYPE:	10-K/A
PUBLIC DOCUMENT COUNT:		9
CONFORMED PERIOD OF REPORT:	20111214
FILED AS OF DATE:		20111214
DATE AS OF CHANGE:		20111214

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EMPIRE PETROLEUM CORP
		CENTRAL INDEX KEY:			0000887396
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				731238709
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		10-K/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16653
		FILM NUMBER:		111260242

	BUSINESS ADDRESS:	
		STREET 1:		4444 E 66TH STREET
		STREET 2:		LOWER ANNEX
		CITY:			TULSA
		STATE:			OK
		ZIP:			74136-4207
		BUSINESS PHONE:		918-488-8068

	MAIL ADDRESS:	
		STREET 1:		4444 E 66TH STREET
		STREET 2:		LOWER ANNEX
		CITY:			TULSA
		STATE:			OK
		ZIP:			74136-4207

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICOMM RESOURCES CORP
		DATE OF NAME CHANGE:	19951115

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICOMM CORP
		DATE OF NAME CHANGE:	19930328
</SEC-HEADER>
<DOCUMENT>
<TYPE>10-K/A
<SEQUENCE>1
<FILENAME>r10-ka12312011.htm
<DESCRIPTION>AMENDMENT NO. 2 - 10-K 12/31/2010
<TEXT>
<HTML>
<HEAD>
<TITLE>Form 10-K</TITLE>
</HEAD>
<BODY>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 12pt"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 0pt">UNITED
STATES<BR>SECURITIES AND EXCHANGE COMMISSION<BR>Washington,
D.C. 20549</P>

<P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 6pt">_________________</P>

<P STYLE="font-weight: bold; font-size: 12pt; text-align: center; margin-top: 6pt; margin-bottom: 0pt">FORM
10-K/A</P>

<P STYLE="font-weight: bold; font-size: 12pt; text-align: center; margin-top: 6pt; margin-bottom: 0pt">(Amendment No. 2 to
Form 10-K)</P>

<P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 6pt">_________________</P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 3pt"><FONT face="Wingdings"><FONT STYLE="font-family: Wingdings 2">S</FONT></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ANNUAL
REPORT PURSUANT TO SECTION 13 OR 15(d)<BR>OF THE SECURITIES EXCHANGE ACT OF 1934</P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 3pt">For
the fiscal year ended:&nbsp; December 31, 2010</P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 3pt">or</P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 3pt"><FONT face="Wingdings">o</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TRANSITION
REPORT PURSUANT TO SECTION 13 OR 15(d)<BR>OF THE SECURITIES EXCHANGE ACT OF 1934</P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 3pt">For
the transition period from: _____________ to _____________</P>

<P STYLE="text-align: center">_________________</P>

<P STYLE="font-weight: bold; font-size: 14pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">EMPIRE PETROLEUM
CORPORATION</P>

<P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 6pt">(Exact
name of registrant as specified in its charter)</P>

<P STYLE="text-align: center">_________________</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 100%">
<TR STYLE="vertical-align: top">
     <TD STYLE="width: 33%; font-size: 10pt; font-weight: bold; text-align: center">DELAWARE</TD>
     <TD STYLE="width: 34%; font-size: 10pt; font-weight: bold; text-align: center">001-16653</TD>
     <TD STYLE="width: 33%; font-size: 10pt; font-weight: bold; text-align: center">73-1238709</TD>
</TR>
<TR STYLE="vertical-align: top">
     <TD STYLE="font-size: 10pt; text-align: center">(State or Other Jurisdiction</TD>
     <TD STYLE="font-size: 10pt; text-align: center">(Commission</TD>
     <TD STYLE="font-size: 10pt; text-align: center">(I.R.S. Employer</TD>
</TR>
<TR STYLE="vertical-align: top">
     <TD STYLE="font-size: 10pt; text-align: center">of Incorporation or Organization)</TD>
     <TD STYLE="font-size: 10pt; text-align: center">File Number)</TD>
     <TD STYLE="font-size: 10pt; text-align: center">Identification No.)</TD>
</TR>
</TABLE>

<P STYLE="font-size: 10pt; text-align: center; margin-top: 12pt; margin-bottom: 6pt"><B>4444 E. 66TH STREET, LOWER ANNEX,
TULSA, OK 74136-4207</B><BR>(Address of Principal Executive Offices) (Zip Code)</P>

<P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 6pt"><B>918-488-8068</B><BR>(Registrant&rsquo;s telephone number, including area code)</P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">Securities
registered pursuant to Section 12(b) of the Act:</P>

<P STYLE="font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt">Title
of each class<BR>Name of each exchange on which registered</P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 12pt">Securities
registered pursuant to Section 12(g) of the Act:</P>

<P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">Title
of each class<BR>Name of each exchange on which registered</P>

<P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 6pt">_________________</P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0pt; margin-top: 0pt; margin-bottom: 3pt">Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in Rule&nbsp;405
of the Securities Act.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;<FONT face="Wingdings">o</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<FONT face="Wingdings">&thorn;</FONT></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0pt; margin-top: 0pt; margin-bottom: 3pt">Indicate
by check mark if the registrant is not required to file reports pursuant to Section 13 or
Section&nbsp;15(d) of the Act.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;<FONT face="Wingdings">o</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<FONT face="Wingdings">&thorn;</FONT></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0pt; margin-top: 0pt; margin-bottom: 3pt">Indicate by check mark
whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings 2">S</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings 2">&pound;</FONT></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0pt; margin-top: 0pt; margin-bottom: 3pt">Indicate
by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted
pursuant to Rule 405 of Regulation S-T (&sect;229.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;<FONT face="Wingdings">o</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<FONT face="Wingdings"><FONT STYLE="font-family: Wingdings 2">&pound;</FONT></FONT></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0pt; margin-top: 0pt; margin-bottom: 3pt">Indicate by check mark
if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (&sect;229.405 of this chapter) is not contained herein,
and will not be contained, to the best of registrant&rsquo;s knowledge, in definitive proxy or information statements incorporated
by reference in Part III of this Form 10-K or any amendment to this Form 10-K.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings 2">S</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings 2">&pound;</FONT></P>

<P STYLE="font-size: 10pt; text-align: left; text-indent: 0pt; margin-top: 0pt; margin-bottom: 6pt">Indicate
by check mark whether the registrant is a large accelerated filer, an accelerated filer,
a non-accelerated filer, or a smaller reporting company.</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%">
<TR STYLE="vertical-align: top">
     <TD STYLE="width: 25%; font-size: 10pt; text-align: center">Large accelerated filer&nbsp;&nbsp;<FONT face="Wingdings">o</FONT></TD>
     <TD STYLE="width: 20%; font-size: 10pt; text-align: center">Accelerated filer&nbsp;&nbsp;<FONT face="Wingdings">o</FONT></TD>
     <TD STYLE="width: 25%; font-size: 10pt; text-align: center">Non-accelerated filer&nbsp;&nbsp;<FONT face="Wingdings">o</FONT></TD>
     <TD STYLE="width: 30%; font-size: 10pt; text-align: center">Smaller reporting company&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings 2">S</FONT></TD>
</TR>
</TABLE>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0pt; margin-top: 6pt; margin-bottom: 3pt">Indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the
Act).&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;<FONT face="Wingdings">o</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<FONT face="Wingdings">&thorn;</FONT></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0pt; margin-top: 0pt; margin-bottom: 3pt">State
the aggregate market value of the voting and non-voting common equity held by
non-affiliates computed by reference to the price at which the common equity was last
sold, or the average bid and asked price of such common equity, as of the last business
day of the registrant&rsquo;s most recently completed second fiscal quarter.&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0pt; margin-top: 0pt; margin-bottom: 3pt"><B>Note.</B>&mdash;If a determination
as to whether a particular person or entity is an affiliate cannot be made without involving unreasonable effort and expense, the aggregate market value of the common stock
held by non-affiliates may be calculated on the basis of assumptions reasonable under the circumstances, provided that the assumptions are set forth in the Form.</P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 3pt">APPLICABLE
ONLY TO REGISTRANTS INVOLVED IN BANKRUPTCY<BR>PROCEEDINGS DURING THE PRECEDING FIVE YEARS:</P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0pt; margin-top: 0pt; margin-bottom: 12pt">Indicate by check mark
whether the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange
Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">o</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings 2">&pound;</FONT></P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 3pt">(APPLICABLE
ONLY TO CORPORATE REGISTRANTS </P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0; margin-top: 6pt; margin-bottom: 6pt">Indicate
the number of shares outstanding of each of the registrant&rsquo;s classes of common
stock, as of March 23, 2011, was 83,129,235.&nbsp;</P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt">DOCUMENTS INCORPORATED BY REFERENCE </P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0; margin-top: 6pt; margin-bottom: 6pt">List hereunder the following documents if incorporated by reference and the Part of the Form 10-K (e.g., Part I,
Part II, etc.) into which the document is incorporated: (1) Any annual report to security holders; (2) Any proxy or information statement; and (3) Any prospectus
filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders
for fiscal year ended December 24, 1980).<BR></P>

<DIV STYLE="width: 100%; border-bottom: black 1pt solid; font-size: 1pt">&nbsp;</DIV>
<DIV STYLE="width: 100%; border-bottom: black 2pt solid; font-size: 1pt">&nbsp;</DIV>

<P STYLE="font-size: 10pt; text-align: left; text-indent: 1.5em; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

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    <!-- Field: /Page -->
<P STYLE="font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt"><B>EMPIRE PETROLEUM CORPORATION</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt"><B>FORM 10-K/A</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt"><B>TABLE OF CONTENTS</B></P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt">PART
I</P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 100%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Page Numbers</B></FONT></TD></TR>
</TABLE>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 6pt; margin-bottom: 6pt; font-size: 10pt">



<TR STYLE="vertical-align: top">
     <TD STYLE="text-align: left; width: 10%">Item 2.</TD>
     <TD STYLE="text-align: left">Properties</TD>
    <TD STYLE="text-align: right">4-5</TD>
</TR>


</TABLE> <P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt"></P>

  <P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt">PART
IV</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 6pt; margin-bottom: 6pt; font-size: 10pt">
<TR STYLE="vertical-align: top">
     <TD STYLE="width: 10%; text-align: left">Item 15.</TD>
     <TD STYLE="width: 81%; text-align: left">Exhibits, Financial Statement Schedules</TD>
    <TD STYLE="width: 9%; text-align: right">5-7</TD>
</TR>
<TR STYLE="vertical-align: top">
     <TD STYLE="text-align: left">&nbsp;</TD>
     <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
     <TD STYLE="text-align: left">&nbsp;</TD>
     <TD STYLE="text-align: left">Signatures</TD>
    <TD STYLE="text-align: right">8</TD></TR>
</TABLE>

<P STYLE="font-size: 10pt; text-align: left; text-indent: 1.5em; margin-top: 6pt; margin-bottom: 6pt"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center"><B>Explanatory Note</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">This Form 10-K/A is being filed by Empire Petroleum
Company (the &ldquo;Company&rdquo;) as Amendment No. 1 (this &ldquo;Form 10-K/A&rdquo;) to its Annual Report on Form 10-K for the
fiscal year ended December 31, 2010 (which was filed on March 23, 2011), as amended by Amendment No. 1 thereto (which was filed
on September 30, 2011) (as amended, the &ldquo;Previous Form 10-K&rdquo;). This Form 10-K/A amends and restates Item 2 and Item
15 of the Previous Form 10-K in their entirety. No other information contained in the Previous Form 10-K is being amended. Accordingly,
this Form 10-K/A should be read in conjunction with the Previous Form 10-K and the Company&rsquo;s filings made with the Securities
and Exchange Commission subsequent to the filing of the Previous Form 10-K, including any amendments to those filings. The purpose
of filing this Form 10-K/A is to (a) provide all information required by Item 1204 of Regulation S-K, and (b) add certain contracts
as exhibits.</P>

<P STYLE="font: 9pt Calibri, Halvetica, Sans-Serif; margin: 0 0 10pt"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>


<P STYLE="font-size: 10pt; text-align: left; text-indent: 1.5em; margin-top: 6pt; margin-bottom: 6pt"></P>

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<P STYLE="font-weight: bold; font-size: 10pt; text-align: left; margin-top: 6pt; margin-bottom: 6pt"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">ITEM
2. PROPERTIES.</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Gabbs
Valley Prospect</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">As
of December 31, 2010, the Gabbs Valley Prospect consisted of approximately 48,541 acres of federal leases located in Nye and Mineral
Counties, Nevada,</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">of which the Company owns a 50% working interest.</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">As
of December 31, 2010, two wells, the Empire Cobble Cuesta 1-12 and the</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Empire
Paradise 2-12, had been drilled and tested on this prospect, but the</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">wells
were not completed. For more information regarding the Gabbs Valley</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Prospect,
see "Gabbs Valley Prospect" under Item 1. Business.</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>COMPANY
UNDEVELOPED ACREAGE (LEASES)</B></FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>GABBS
VALLEY PROSPECT, NYE COUNTY, NEVADA</B></FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>AS
OF DECEMBER 31, 2010</B></FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Federal</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Undeveloped</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Acreage</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Productive</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Acreage</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Effective</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Remaining</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Lease</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Gross</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Net</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Gross</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Net</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Date</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Term</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Number</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Acres</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Acres</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Acres</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Acres</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>(Years)</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 40%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-82180</FONT></TD><TD STYLE="width: 2%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 6%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,274.33</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 2%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 6%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">637.17</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 2%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 6%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 2%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 6%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 2%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 6%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9/1/2006</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 2%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 6%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-82181</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2,560.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,280.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-82182</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2,560.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,280.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-82183</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,598.47</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">799.24</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-82184</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">680.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">340.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-82185</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,927.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">963.50</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-82186</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2,355.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,177.50</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-82187</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">760.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">380.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-82188</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,916.92</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">958.46</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-82189</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2,476.04</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,238.02</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-82190</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">640.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">320.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-82191</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,119.60</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">559.80</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-82192</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,280.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">640.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-82446</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2,000.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,000.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-82194</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">730.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">365.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-82195</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2,560.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,280.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-82196</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2,560.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,280.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-82197</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,920.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">960.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-85867</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2,538.67</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,269.34</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">11/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">8</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-85871</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2,544.24</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,272.12</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">11/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">8</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-85873</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2,400.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,200.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">11/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">8</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-85876</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2,461.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,230.50</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">11/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">8</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-86998</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2,560.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,280.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">11/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">8</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-86999</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2,560.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,280.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">11/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">8</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">N-87000</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2,560.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,280.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">11/1/2006</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">8</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">TOTALS</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">48,541.27</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">24,270.65</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>



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<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">All
leases listed above are located in Township 12  and 13 North, Range 35  and 36 East, Nye County, Nevada.</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>COMPANY
UNDEVELOPED ACREAGE (LEASES)</B></FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>OKIE
DRAW PROSPECT, NATRONA COUNTY, WYOMING</B></FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>AS
OF DECEMBER 31, 2010</B></FONT></P>

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<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 40%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Federal</B></FONT></TD><TD STYLE="width: 2%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="width: 6%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Undeveloped</B></FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="width: 2%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="width: 6%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Acreage</B></FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="width: 2%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="width: 6%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Productive</B></FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="width: 2%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="width: 6%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Acreage</B></FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="width: 2%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="width: 6%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Effective</B></FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="width: 2%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="width: 6%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Remaining</B></FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Lease</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Gross</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Net</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Gross</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Net</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Date</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Term</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Number</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Acres</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Acres</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Acres</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>Acres</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>(Years)</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></TD></TR>
</TABLE>



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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 15%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">WYW-0323746</FONT></TD><TD STYLE="width: 3%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 10%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">240.00</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 3%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 10%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">30.00</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 3%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 10%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 3%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 10%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 3%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">11/1/1972</FONT></TD><TD STYLE="width: 3%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">HBP</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">WYW-036587</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">320.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">40.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">11/1/1972</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">HBP</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">WYW-036587</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">40.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">40.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">11/1/1972</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">HBP</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">WYW-153586</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,800.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">599.94</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9/1/2001</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">WYW-174767</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">720.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">239.98</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10/1/2007</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">7</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT>TOTALS</TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">3,120.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">949.92</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>



<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: center; text-indent: -0.5in"><B>CHEYENNE RIVER
PROSPECT</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: center; text-indent: -0.5in"><B>NIOBRARA COUNTY,
WYOMING</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: center; text-indent: -0.5in"><B>OIL
AND GAS PRODUCTION</B></P>


<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 46%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 5%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 11%; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2010</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">*</FONT></TD><TD STYLE="width: 5%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 11%; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2009**</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 5%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="width: 11%; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2008**</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Revenue</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">0.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">9,793.57</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">21,154.40</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Production costs excluding depreciation,</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">depletion, amortization and impairment</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">0.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">7,244.85</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">4,545.93</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Average  sales prices (Bbl)</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">0.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">33.65</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">83.60</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Oil production (Bbl)</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">0.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1,991.81</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2,682.62</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Depreciation, depletion  amortization</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">0.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">0.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">15,094.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Impairment of oil  and gas production</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">0.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">0.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">6,951,899.00</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>



<P STYLE="font-weight: bold; font-size: 10pt; text-align: justify; margin-top: 6pt; margin-bottom: 6pt">*The Company sold the
Cheyenne River Prospect in 2009</P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: justify; margin-top: 6pt; margin-bottom: 6pt">** All oil sales
revenues and production for fiscal years 2008 and 2009 relate to the Cheyenne River Prospect</P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: justify; margin-top: 6pt; margin-bottom: 6pt"></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">PART
IV.</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">ITEM
15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0 22pt; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(a)
(1) Financial Statements</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0 22pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">The
financial statements under this item are included in Item 8</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">of Part
II.</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(2)
Schedules</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0 22pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">NONE</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">(3)
Exhibits</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Exhibit
Description</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">No.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">3.1&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Articles of Incorporation of
the Company, as amended (incorporated herein by reference to Exhibit 3.1 of the Company's Form</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">10-QSB
for the period ended September 30, 1995, which was filed</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">November
6, 1995).&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">3.2&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Bylaws of the Company (incorporated
herein by reference to Exhibit 3.2</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">of the Company's Form 10-QSB for
the period ended March 31, 1998, which</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">was filed May 15, 1998).&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.1&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">1995 Stock Option Plan (incorporated
herein by reference to Appendix A</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">of the Company's Form DEFS 14A
dated June 13, 1995, which was filed June</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">14, 1995).&nbsp;</FONT></TD></TR></TABLE>

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<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.2&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Form of Stock Option
                                                                                                                                                   Agreement (incorporated herein by reference to Exhibit 10(g) of the Company&rsquo;s Form 10-KSB for the year ended December
                                                                                                                                                   31, 1995, which was filed March 29, 1996).</FONT>

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<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR></TABLE>


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<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.3&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Letter Agreement dated May 8,
2003 between the Company and O. F.</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Duffield (incorporated herein
by reference to Exhibit 10.6 of the</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Company's Form 10-KSB for the
year ended December 31, 2003, which was</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">filed March 30, 2004).&nbsp;</FONT></TD></TR></TABLE>

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<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.4&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">2006 Stock Incentive Plan (incorporated
herein by reference to Exhibit</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">A to the Company's 2006 Proxy Statement
on Schedule 14A dated May 10,</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">2006).&nbsp;</FONT></TD></TR></TABLE>

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<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.5&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Form of Non-qualified Stock
Option Agreement (incorporated herein by reference to Exhibit 10.2 to the Company's Form 8-K dated June 5, 2006,</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">which
was filed on June 9, 2006).&nbsp;</FONT></TD></TR></TABLE>

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<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.6&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Form of Non-qualified Stock
Option Agreement for Non-employee Directors</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">(incorporated herein
by reference to Exhibit 10.3 to the Company's Form</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">8-K dated June
5, 2006, which was filed on June 9, 2006).&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.7&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Form of Restricted Stock Award
Agreement (incorporated herein by</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">reference to Exhibit 10.4 to the
Company's Form 8-K dated June 5, 2006,</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">which was filed on June 9,
2006).&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.8&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Form of Securities Purchase
Agreement entered into between Empire</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Petroleum Corporation and certain
accredited investors in connection</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">with 2006 private placement (incorporated
herein by reference to Exhibit</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.1 to the Company's Form 10-QSB
for the period ended June 30, 2006,</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">which was filed on August 23,
2006).&nbsp;</FONT></TD></TR></TABLE>

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<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.9&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Form of Securities Purchase
Agreement entered into between Empire</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Petroleum Corporation and certain
accredited investors in connection</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">with 2007 private placement (incorporated
herein by reference to Exhibit</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.1 to the Company's Form 8-K dated
April 4, 2007, which was filed on</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">April 10, 2007).&nbsp;</FONT></TD></TR></TABLE>

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<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.10&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Form of Securities Purchase
Agreement entered into between Empire</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Petroleum Corporation and certain
accredited investors in connection</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">with the 2009 private placement
(incorporated herein by reference to</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Exhibit 10.1 to the Company's
Form 10-Q for the period ended September</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">30, 2009, which was filed
on November 16, 2009).&nbsp;</FONT></TD></TR></TABLE>

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<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.11&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Form of securities purchase
agreement entered into between</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Empire Petroleum Corporation and certain
accredited</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Investors in connection with the June-July 2010 private
Placement (incorporated herein by reference to Exhibit 10.1 to the Company's Form 10-Q for the period ended June 30,</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">2010,
which was filed on August 13, 2010).&nbsp;</FONT></TD></TR></TABLE>

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<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.12&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Form of common share warrant
certificate issued by Empire</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Petroleum Corporation in favor of certain
accredited</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">investors in connection with the June-July 2010 private
placement (incorporated herein by reference to Exhibit 10.2</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">to the
Company's Form 10-Q for the period ended June 30,</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">2010, which was
filed on August 13, 2010).&nbsp;</FONT></TD></TR></TABLE>

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<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.13&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Convertible Note Due February
1, 2012 (incorporated herein</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">by reference to Exhibit 10.1 to the
Company's Form 8-K dated</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">February 1, 2011, which was filed on February
7, 2011).&nbsp;</FONT></TD></TR></TABLE>


<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"></P>


<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt"></P>

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<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.14&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Letter Agreement dated November 17,
                                                                                                                                                    2010 between the Company and</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Cortez Exploration, LLC
                                                                                                                                                    (incorporated herein by reference to Exhibit 10.14 to the Company&rsquo;s Form 10-K/A (Amendment No. 1) for the fiscal year
                                                                                                                                                    ended December 31, 2010, which
                                                                                                                                                    was
                                                                                                                                                    filed
                                                                                                                                                    on
                                                                                                                                                    September
                                                                                                                                                    30,
                                                                                                                                                    2011.&nbsp;</FONT></TD></TR></TABLE>

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<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.15&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Designation
of Agent (Agency Agreement), dated April 27, 2005, between the Company and</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Cortez
Exploration, LLC (submitted herewith).&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.16&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Participation Agreement dated
May 8, 2006 between the Company and</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Cortez Exploration, LLC (submitted
herewith).&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.17&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Option to Purchase Okie Draw  and
                                                                                                                                                    South
                                                                                                                                                    Okie Prospects, Natrona County,</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Wyoming, dated August 4,
                                                                                                                                                    2009, between
                                                                                                                                                    the
                                                                                                                                                    Company and
                                                                                                                                                    Viking Exploration, LLC (submitted</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">herewith).&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.18&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Amendment, dated February 24, 2010, of
                                                                                                                                                    Option
                                                                                                                                                    to
                                                                                                                                                    Purchase Okie Draw  and South Okie Prospects,</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Natrona County,
                                                                                                                                                    Wyoming, dated August 4, 2009, between the Company and Viking Exploration, LLC</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">(submitted
                                                                                                                                                    herewith).&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.19&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Designation of Agent
                                                                                                                                                    (Agency Agreement), dated June 10, 2010, between the Company and Cortez</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Exploration,
                                                                                                                                                    LLC (submitted herewith).&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">10.20&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Prospect Letter Agreement dated
October 4, 2010 between the Company and</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">seven (7) investors to purchase
a 1% interest in the Company&rsquo;s Gabbs</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Valley Prospect (submitted
herewith).&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">31&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Certification of Chief Executive
Officer (and principal financial</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">officer) pursuant to Rules 13a -
14 (a) and 15(d) - 14(a) promulgated</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">under the Securities Exchange
Act of 1934, as amended, and Item 601(1)</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">(31) of Regulation S-K,
as adopted pursuant to Section 302 of the</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Sarbanes-Oxley Act of 2002
(submitted herewith).&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right">&nbsp;</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Courier New, Courier, Monospace; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">32&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Certification of Chief Executive
Officer (and principal financial</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">officer) pursuant to 18 U.S.C. Section
1350, as adopted pursuant to</FONT> <FONT STYLE="font: 9pt Times New Roman, Times, Serif">Section 906 of the Sarbanes-Oxley Act
of 2002 (submitted herewith).&nbsp;</FONT></TD></TR></TABLE>


<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt"></P>

<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt">&nbsp;</DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->
<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt"><FONT STYLE="font: 9pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt"><FONT STYLE="font-size: 9pt">SIGNATURES</FONT></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0; margin-top: 6pt; margin-bottom: 6pt"><FONT STYLE="font-size: 9pt">Pursuant
to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report
to be signed on its behalf by the undersigned, thereunto duly authorized.</FONT></P>


<P STYLE="font-size: 10pt; text-align: left; text-indent: 0; margin-top: 6pt; margin-bottom: 6pt"><FONT STYLE="font-size: 9pt">Date:&nbsp;&nbsp;December
14, 2011</FONT></P>





<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%">
<TR>
     <TD STYLE="width: 53%; vertical-align: top"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
     <TD STYLE="width: 47%; vertical-align: top; font-size: 10pt">EMPIRE PETROLEUM CORPORATION</TD>
</TR>
<TR>
     <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
     <TD STYLE="vertical-align: top; font-size: 10pt"><FONT STYLE="font-size: 9pt">By:&nbsp;/s/Albert E. Whitehead</FONT></TD>
</TR>
<TR>
     <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
     <TD STYLE="vertical-align: top; border-top: #000000 1px solid; font-size: 10pt">Albert E. Whitehead<BR>Chief Executive
     Officer (principal executive officer, principal financial officer and principal accounting officer)</TD>
</TR>
</TABLE>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0; margin-top: 6pt; margin-bottom: 6pt"><FONT STYLE="font-size: 9pt">Pursuant
to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf
of the registrant and in the capacities and on the dates indicated.</FONT></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="4" STYLE="width: 100%; font-size: 10pt">
<TR STYLE="vertical-align: top">
     <TD STYLE="width: 35%; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">Signature</FONT></TD>
    <TD STYLE="width: 5%; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
     <TD STYLE="width: 35%; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">Title</FONT></TD>
    <TD STYLE="width: 5%; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
     <TD STYLE="width: 20%; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">Date</FONT></TD>
</TR>
<TR STYLE="vertical-align: top">
     <TD><FONT STYLE="font-size: 9pt">/s/Albert E. Whitehead</FONT></TD>
    <TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
     <TD>Chairman and Chief Executive Officer</TD>
    <TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
     <TD>December 14, 2011</TD>
</TR>
<TR STYLE="vertical-align: top">
     <TD>Alber E. Whitehead</TD>
    <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
     <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
     <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
     <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
     <TD>/s/ John C. Kinard</TD>
    <TD>&nbsp;</TD>
     <TD>Director</TD>
    <TD>&nbsp;</TD>
     <TD>December 14, 2011</TD></TR>
<TR STYLE="vertical-align: top">
     <TD>John C. Kinard</TD>
    <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
     <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
     <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
     <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
     <TD>/s/Montague H. Hackett, Jr.</TD>
    <TD>&nbsp;</TD>
     <TD>Director</TD>
    <TD>&nbsp;</TD>
     <TD>December 14, 2011</TD></TR>
<TR STYLE="vertical-align: top">
     <TD>Montague H. Hackett, Jr.</TD>
    <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
     <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
     <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
     <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
     <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
     <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></P>



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31
<SEQUENCE>2
<FILENAME>exh3112312010.txt
<DESCRIPTION>EXHIBIT 31 CERTIFICATION
<TEXT>
EXHIBIT 31
                              CERTIFICATION

I, Albert E. Whitehead, certify that:

1. I have reviewed this annual report on Form 10-K/A of Empire Petroleum
Corporation;

2. Based on my knowledge, this report does not contain any untrue statement
of a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material respects
the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over
financial reporting (as defined in Exchange Act Rules 13a - 15(f) and 15d -
15(f)) for the registrant and have:

     (a) Designed such disclosure controls and procedures, or caused such
     disclosure controls and procedures to be designed under our supervision,
     to ensure that material information relating to the registrant, including
     its consolidated subsidiaries, is made known to us by others within those
     entities, particularly during the period in which this report is being
     prepared;

     (b) Designed such internal control over financial reporting, or caused
     such internal control over financial reporting to be designed under
     our supervision, to provide reasonable assurance regarding the
     reliability of financial reporting and the preparation of financial
     statements for external purposes in accordance with generally
     accepted accounting principles;

     (c) Evaluated the effectiveness of the registrant's disclosure controls
     and procedures and presented in this report our conclusions about the
     effectiveness of the disclosure controls and procedures, as of the end of
     the period covered by this report based on such evaluation; and

     (d) Disclosed in this report any change in the registrant's internal
     control over financial reporting that occurred during the registrant's
     most recent fiscal quarter (the registrant's fourth fiscal quarter in
     the case of an annual report) that has materially affected, or is
     reasonably likely to materially affect, the registrant's internal control
     over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed, based on
our most recent evaluation of internal control over financial reporting, to
the registrant's auditors and the audit committee of the registrant's
board of directors (or persons performing the equivalent functions):

     (a) All significant deficiencies and material weaknesses in the design
     or operation of internal control over financial reporting which are
     reasonably likely to adversely affect the registrant's ability to record,
     process, summarize and report financial information; and

     (b) Any fraud, whether or not material, that involves management or
     other employees who have a significant role in the registrant's internal
     control over financial reporting.

December 14, 2011                  /s/ Albert E. Whitehead
                                  Albert E. Whitehead, Chief Executive
                                  Officer (and principal financial officer)





</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32
<SEQUENCE>3
<FILENAME>exh3212312010.txt
<DESCRIPTION>EXHIBIT 32 CERTIFICATION
<TEXT>
EXHIBIT 32

                        CERTIFICATION PURSUANT TO
              18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO
               SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the annual report of Empire Petroleum Corporation (the
"Company") on Form 10-K/A for the period ending December 31, 2010, as filed
with the Securities and Exchange Commission on the date hereof (the
"Report"), I, Albert E. Whitehead, Chief Executive Officer (and principal
financial officer)of the Company, certify, pursuant to 18 U.S.C. Section
1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002,
that:

(1) The Report fully complies with the requirements of section 13(a) or 15(d)
of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material
respects, the financial condition and results of operations of the Company.


December 14, 2011              /s/ Albert E. Whitehead
                              Albert E. Whitehead, Chief Executive Officer
                              (and principal financial officer)

A signed original of this written statement required by Section 906 has been
provided to the Company and will be retained by the Company and furnished to
the Securities and Exchange Commission or its staff upon request.

The foregoing certification is being furnished to the Securities and Exchange
Commission as an exhibit to the Report and shall not be considered filed as
part of the Report.

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>4
<FILENAME>exh10-15.htm
<DESCRIPTION>EXHIBIT 10.15 DESIGNATION OF AGENT - COBBLE CUESTA
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 11pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.45pt 0 0; text-align: justify">EXHIBIT 10.15</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.45pt 0 0 146.8pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.45pt 0 0 146.8pt">DESIGNATION<FONT STYLE="letter-spacing: -0.05pt">
</FONT>OF<FONT STYLE="letter-spacing: -0.25pt"> </FONT>AGENT</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.55pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.45pt 171.25pt 0 166.25pt">(Submit<FONT STYLE="letter-spacing: -0.55pt">
</FONT>in<FONT STYLE="letter-spacing: -0.4pt"> </FONT>triplicate)</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.55pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.7pt 9.25pt 0 5.55pt">The<FONT STYLE="letter-spacing: 2.15pt"> </FONT>undersigned<FONT STYLE="letter-spacing: 0.1pt">
</FONT>is,<FONT STYLE="letter-spacing: 0.75pt"> </FONT>on<FONT STYLE="letter-spacing: 1.15pt"> </FONT>the<FONT STYLE="letter-spacing: 1.1pt">
</FONT>records<FONT STYLE="letter-spacing: 0.3pt"> </FONT>of<FONT STYLE="letter-spacing: 1.2pt"> </FONT>the<FONT STYLE="letter-spacing: 0.95pt">
</FONT>Bureau<FONT STYLE="letter-spacing: 0.25pt"> </FONT>of<FONT STYLE="letter-spacing: 1.3pt"> </FONT>Land<FONT STYLE="letter-spacing: 0.45pt">
</FONT>Management, Unit Operator under<FONT STYLE="letter-spacing: 0.25pt"> </FONT>the <U>Gabbs<FONT STYLE="letter-spacing: 0.3pt">
</FONT>Valley </U>Unit Agreement, <U>Nye and Mineral</U> Counties, Nevada, No. <U>N-78845X </U> , approved and<FONT STYLE="letter-spacing: -0.4pt">
</FONT>effective on March 1, 2005</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.85pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 322.5pt 0 5.55pt; text-align: justify">And hereby designates:</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 322.5pt 0 5.55pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.55pt 110pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 40%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 33%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Name:</FONT></TD>
    <TD STYLE="width: 7%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 60%; border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Empire Petroleum
    Corporation</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Address:</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">8801 South Yale, Suite 120</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Tulsa, Oklahoma 74137-3575</FONT></TD></TR>
</TABLE>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.55pt 110pt 0"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.05pt 0 0"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 8.25pt 0 5.8pt; text-align: justify; text-indent: 0.25pt"><FONT STYLE="line-height: 99%">as
its<FONT STYLE="letter-spacing: 0.75pt"> </FONT>agent, with full<FONT STYLE="letter-spacing: 1.15pt"> </FONT>authority<FONT STYLE="letter-spacing: 0.3pt">
</FONT>to act<FONT STYLE="letter-spacing: 0.95pt"> </FONT>on its<FONT STYLE="letter-spacing: 1.2pt"> </FONT>behalf in complying
with the terms of<FONT STYLE="letter-spacing: 1.15pt"> </FONT>the unit<FONT STYLE="letter-spacing: 0.45pt"> </FONT>agreement<FONT STYLE="letter-spacing: 0.45pt">
</FONT>and regulations<FONT STYLE="letter-spacing: -0.4pt"> </FONT>applicable thereto<FONT STYLE="letter-spacing: 0.1pt"> </FONT>and
on<FONT STYLE="letter-spacing: 0.95pt"> </FONT>whom the Authorized Officer or his representative may<FONT STYLE="letter-spacing: 0.1pt">
</FONT>serve written or<FONT STYLE="letter-spacing: 0.95pt"> </FONT>oral instructions in securing compliance with the Oil<FONT STYLE="letter-spacing: -0.25pt">
</FONT>and<FONT STYLE="letter-spacing: 0.1pt"> </FONT>Gas<FONT STYLE="letter-spacing: -0.25pt"> </FONT>Operating Regulations to<FONT STYLE="letter-spacing: 0.3pt">
</FONT>conduct a seismograph survey partially located in T.<FONT STYLE="letter-spacing: 1.2pt"> </FONT><U>11, 12, 13N,</U> R. 34
&amp;<FONT STYLE="letter-spacing: 0.3pt"> </FONT>35E, <U>Nye<FONT STYLE="letter-spacing: 0.75pt"> </FONT>and Mineral</U> Counties,
Nevada. Bond coverage will be provided under (Statewide, Nationwide, Lessee) Bond No. <U>NVB000540</U>.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.75pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 8.1pt 0 6.25pt; text-align: justify"><FONT STYLE="line-height: 100%">It
is understood<FONT STYLE="letter-spacing: 0.95pt"> </FONT>that this Designation<FONT STYLE="letter-spacing: 0.45pt"> </FONT>of
Agent does not relieve<FONT STYLE="letter-spacing: 1.15pt"> </FONT>the Unit Operator<FONT STYLE="letter-spacing: 1.3pt"> </FONT>of
responsibility for compliance<FONT STYLE="letter-spacing: 0.3pt"> </FONT>with the terms<FONT STYLE="letter-spacing: -0.05pt"> </FONT>of
the unit agreement and the<FONT STYLE="letter-spacing: 0.75pt"> </FONT>Oil<FONT STYLE="letter-spacing: 0.75pt"> </FONT>and Gas
Operating Regulations. It is also understood that this Designation<FONT STYLE="letter-spacing: 0.45pt"> </FONT>of Agent does not
constitute an assignment of<FONT STYLE="letter-spacing: -0.05pt"> </FONT>any interest under the unit agreement or any lease committed
thereto.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 8.3pt 0 6.5pt; text-align: justify; text-indent: 0.25pt"><FONT STYLE="line-height: 99%">In
case<FONT STYLE="letter-spacing: 0.45pt"> </FONT>of<FONT STYLE="letter-spacing: 0.95pt"> </FONT>default on<FONT STYLE="letter-spacing: 1.15pt">
</FONT>the part of<FONT STYLE="letter-spacing: 0.95pt"> </FONT>the designated<FONT STYLE="letter-spacing: -0.05pt"> </FONT>agent,
the Unit Operator<FONT STYLE="letter-spacing: 0.25pt"> </FONT>will make full and<FONT STYLE="letter-spacing: 0.1pt"> </FONT>prompt
compliance with<FONT STYLE="letter-spacing: -0.25pt"> </FONT>all regulations, lease terms, or orders of the<FONT STYLE="letter-spacing: -0.05pt">
</FONT>Secretary of the Interior or his duly authorized representative.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 7.4pt 0 6.75pt; text-align: justify">The Unit<FONT STYLE="letter-spacing: -0.25pt">
</FONT>Operator<FONT STYLE="letter-spacing: -0.4pt"> </FONT>agrees<FONT STYLE="letter-spacing: -0.55pt"> </FONT>to<FONT STYLE="letter-spacing: 0.45pt">
</FONT>promptly notify the Authorized<FONT STYLE="letter-spacing: -0.55pt"> </FONT>Officer of any<FONT STYLE="letter-spacing: -0.25pt">
</FONT>change in<FONT STYLE="letter-spacing: 0.1pt"> </FONT>the designated agent.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.6pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 7.9pt 0 7pt; text-align: justify; text-indent: -0.25pt"><FONT STYLE="line-height: 100%">This<FONT STYLE="letter-spacing: 1.15pt">
</FONT>Designation<FONT STYLE="letter-spacing: 0.45pt"> </FONT>of Agent is deemed to be<FONT STYLE="letter-spacing: 1.3pt"> </FONT>temporary
and in no manner<FONT STYLE="letter-spacing: 0.75pt"> </FONT>a permanent arrangement. A<FONT STYLE="letter-spacing: -0.25pt"> </FONT>designated
agent may not designate<FONT STYLE="letter-spacing: -0.4pt"> </FONT>another<FONT STYLE="letter-spacing: -0.55pt"> </FONT>party
as agent.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.65pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0.1in 0 7pt; text-align: justify">The designation is given only to
enable<FONT STYLE="letter-spacing: -0.25pt"> </FONT>the<FONT STYLE="letter-spacing: -0.25pt"> </FONT>agent herein<FONT STYLE="letter-spacing: -0.4pt">
</FONT>designated to conduct the<FONT STYLE="letter-spacing: -0.25pt"> </FONT>above seismograph survey. It is understood that this
Designation of Agent is limited to the field operations<FONT STYLE="letter-spacing: 0.45pt"> </FONT>performed<FONT STYLE="letter-spacing: 0.1pt">
</FONT>while<FONT STYLE="letter-spacing: 0.45pt"> </FONT>conducting the seismograph survey and<FONT STYLE="letter-spacing: 0.95pt">
</FONT>does not include administrative actions requiring specific authorization of the Unit Operator. This designation in no way<FONT STYLE="letter-spacing: 1.15pt">
</FONT>will serve as authorization<FONT STYLE="letter-spacing: 1.2pt"> </FONT>for the agent<FONT STYLE="letter-spacing: 1.2pt">
</FONT>to conduct<FONT STYLE="letter-spacing: 1.1pt"> </FONT>field operations after it has completed the seismograph<FONT STYLE="letter-spacing: -0.25pt">
</FONT>survey. Should<FONT STYLE="letter-spacing: 0.3pt"> </FONT>agent elect<FONT STYLE="letter-spacing: 0.75pt"> </FONT>to<FONT STYLE="letter-spacing: 0.75pt">
</FONT>drill a test well it<FONT STYLE="letter-spacing: 1.2pt"> </FONT>shall be issued a new Designation of Agent providing for
the drilling of<FONT STYLE="letter-spacing: 1.1pt"> </FONT>the test well.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 9pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 41%; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%; text-align: center">April 27, 2005</TD>
    <TD STYLE="width: 15%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="width: 44%; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%; text-align: center">Cortez Exploration, L.L.C.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%; text-align: center">Date</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%; text-align: center">Unit Operator</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%; text-align: center">April 27, 2005</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">/s/ O. F. Duffield</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%; text-align: center">Date</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">O. F. Duffield, Authorized Officer, Manager</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>5
<FILENAME>exh10-16.htm
<DESCRIPTION>EXHIBIT 10.16 PARTICIPATION AGREEMENT - EMPIRE/CORTEZ
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 11pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">EXHIBIT 10.16</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">May 8, 2006</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Cortez Exploration, LLC</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Mr. O. F. Duffield, Manager</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">16786 Kincheloe Rd.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Siloam Springs, AR 72761</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 33%; text-align: right"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">RE:</FONT></TD>
    <TD STYLE="width: 3%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 64%"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Participation Agreement,</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Gabbs Valley Prospect,</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 9pt Times New Roman, Times, Serif">Nye &amp; Mineral Counties, Nevada</FONT></TD></TR>
</TABLE>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Dear Mr. Duffield:</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">This letter is to confirm
Empire&rsquo;s decision to commit to forty-five (45%) percent of the cost of a 5,000&rsquo; test well to be known as the PetroWorld
Cobble Cuesta 1-12-T12N-R34E, Nye County. In return for paying forty-five (45%) percent of the cost of this test well Cortez will
assign to Empire a thirty (30%) percent interest in the oil and gas leases listed on Schedule &ldquo;A&rdquo; attached to and made
a part of this letter.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Empire also agrees to pay
Cortez the Sum of Six Hundred and Seventy-Five Thousand ($675,000) dollars for its share of the lease costs. Such payment to be
made prior to the commencement of drilling operations or by August 1, 2006, whichever first occurs.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Empire agrees that all drilling
and production operations shall be carried out pursuant to the terms of the Cobble Cuesta (formerly Gabbs Valley Unit) Unit No.
N-78845X and the Operating Agreement attached as Schedule &ldquo;D&rdquo; in the Cortez-PetroWorld Letter Agreement dated April
15, 2005, attached hereto as Schedule &ldquo;B&rdquo;.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">After the signing of this
instrument and all obligations are met, the ownership of the Oil &amp; Gas Leases will be PetroWorld 30%; Empire 40%; Cortez 30%
subject to the A.M.I. and royalties set out in Schedule &ldquo;A&rdquo; of the agreement. Any lease rentals that might become due
prior to PetroWorld&rsquo;s and Empire&rsquo;s earning an interest shall be paid by PetroWorld 30%, Empire 40%, and Cortez 30%.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">This agreement inures to
the heirs, administrators, successors, and beneficiaries.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">If this letter meets with
your understanding of our agreement please sign and return one copy to the undersigned.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 220pt">Yours very truly,</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 220pt">A. E. Whitehead</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 220pt">President</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Agreed to this <U> 11<SUP>TH</SUP> </U> day
of May, 2006</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Cortez Exploration, LLC</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 9pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt">By:</TD>
    <TD STYLE="width: 27%; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">/s/ O. F. Duffield</TD>
    <TD STYLE="width: 68%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">O. F. Duffield, Manager</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>6
<FILENAME>exh10-17.htm
<DESCRIPTION>EXHIBIT 10.17 OPTION TO PURCHASE OKIE DRAW PROSPECT
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 11pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">EXHIBIT 10.17</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">August 4, 2009</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">Mr. James C. Einarsen, Manager</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">Viking Exploration, LLC</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">6475 West Kingsley Ave.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">Littleton, CO 80128</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#9;RE:&#9;Option to Purchase Okie Draw</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 37.4pt">and South Okie Prospects,</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 37.4pt">Natrona County, Wyoming</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Dear Mr. Einarsen:</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 37.4pt">This letter will serve
as a formal agreement between Empire and Viking with respect to Empire&rsquo;s option to purchase all of Viking&rsquo;s leasehold
and producing interests in the Okie Draw and South Okie Prospects, a description of which is attached hereto as Schedule &ldquo;A&rdquo;.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 37.4pt">As consideration to Empire
for paying the lease rentals due August 31, 2009 and September 30, 2009 on leases listed on Schedule &ldquo;A&rdquo; and paying
Viking a Twenty Five Thousand Dollars ($25,000) cash payment, Viking will grant Empire a six (6) month option commencing September
1, 2009 and ending February 28, 2010, to acquire all of Viking&rsquo;s interests in the leases listed on Schedule &ldquo;A&rdquo;
for the cash consideration of Thirty Five Thousand Dollars ($35,000). In addition to receiving the cash consideration Viking shall
retain the overriding royalties as outlined in Exhibit &ldquo;A&rdquo;.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 37.4pt">During such six (6) month
option period Empire will make every effort to locate and purchase the seismic survey conducted by Southland Royalty Corp or its
successor in ownership. Perhaps this data cannot be located; if not, Empire will research the cost of a new survey.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 37.4pt">In the event Empire exercises
its option and drills a test well and any additional development wells, Empire will pay to Viking Ten Thousand Dollars ($10,000)
for each completed oil well.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 37.4pt">If Empire has not drilled
or re-entered a test well on the prospect leases before August 1, 2010 and has no plans to drill or re-enter a test well it shall
re-assign all of the prospect leases to Viking. If it has drilled a successful oil well or plans to drill or re-enter a test well
then it shall pay the August 31, 2010 rentals to retain the leases in good standing.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 37.4pt">This proposal is open for
acceptance until 5:00 p.m. Thursday, August 6, 2009; therefore, if you find it acceptable please sign and return one copy of this
letter to Empire.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 220pt">Yours very truly,</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 220pt">EMPIRE PETROLEUM CORPORATION</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 220pt">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 220pt"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 220pt">BY: /s/ A. E.
WHITEHEAD</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 220pt">A. E. Whitehead, President</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="line-height: 200%">AEW/gs</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="line-height: 200%">Enclosures</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="line-height: 150%">Agreed to this
<U>5th</U> day of</FONT> <FONT STYLE="line-height: 200%"><U>August</U>, 2009</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="line-height: 200%">VIKING EXPLORATION,
LLC</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">By: /s/ James C. Einersen</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">James C. Einersen, Manager</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>7
<FILENAME>exh10-18.htm
<DESCRIPTION>EXHIBIT 10.18 AMENDMENT TO OPTION - OKIE DRAW PROSPECT
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 11pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">EXHIBIT 10.18</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.45pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.45pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.45pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.45pt 0 0">February 24, 2010</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.45pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.45pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.45pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.45pt 0 0">Mr.<FONT STYLE="letter-spacing: -0.4pt"> </FONT>James<FONT STYLE="letter-spacing: -0.85pt">
</FONT>C.<FONT STYLE="letter-spacing: -0.9pt"> </FONT>Einarsen,<FONT STYLE="letter-spacing: -0.85pt"> </FONT>Manager</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">Viking<FONT STYLE="letter-spacing: -0.85pt"> </FONT>Exploration,<FONT STYLE="letter-spacing: -1pt">
</FONT>LLC</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.55pt 3.95in 0 0">6475<FONT STYLE="letter-spacing: 0.1pt"> </FONT>West<FONT STYLE="letter-spacing: -1.05pt">
</FONT>Kingsley<FONT STYLE="letter-spacing: -0.85pt"> </FONT>Ave.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.55pt 3.95in 0 0">Littleton,<FONT STYLE="letter-spacing: -0.65pt">
</FONT>CO<FONT STYLE="letter-spacing: 2.45pt"> </FONT>80128</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.15pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.45pt 132pt 0">&#9;RE:&#9;Amendment<FONT STYLE="letter-spacing: -0.45pt">
</FONT>of<FONT STYLE="letter-spacing: -0.05pt"> </FONT>the</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 110pt 0 132pt; text-indent: 0.5in">Option<FONT STYLE="letter-spacing: -0.8pt">
</FONT>to Purchase<FONT STYLE="letter-spacing: -0.4pt"> </FONT>Okie<FONT STYLE="letter-spacing: -0.3pt"> </FONT>Draw<FONT STYLE="letter-spacing: -0.9pt">
</FONT>&amp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 132pt; text-indent: 0.5in">South<FONT STYLE="letter-spacing: -0.85pt">
</FONT>Okie<FONT STYLE="letter-spacing: -0.5pt"> </FONT>Prospects,</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.1pt 0 0 132pt; text-indent: 0.5in">Natrona<FONT STYLE="letter-spacing: -1.15pt">
</FONT>County,<FONT STYLE="letter-spacing: -0.8pt"> </FONT>Wyoming</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.3pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.45pt 3.45in 0 0; text-align: justify">Dear Mr.<FONT STYLE="letter-spacing: -0.8pt">
Einarsen, Manager</FONT>:</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 41.25pt 0 0; text-align: justify; text-indent: 37.1pt"><FONT STYLE="line-height: 100%">You<FONT STYLE="letter-spacing: -0.4pt">
</FONT>have<FONT STYLE="letter-spacing: -0.45pt"> </FONT>advised<FONT STYLE="letter-spacing: -0.15pt"> </FONT>Empire<FONT STYLE="letter-spacing: -0.5pt">
</FONT>on this date<FONT STYLE="letter-spacing: -0.15pt"> </FONT>that the transfer of certain<FONT STYLE="letter-spacing: -0.05pt">
</FONT>leases<FONT STYLE="letter-spacing: -0.3pt"> </FONT>covering Viking's interest in the S/2 and S/2NW/4 Section 14 (W-0323746),
the N/2SE/4 and SE/4SE/4 Section<FONT STYLE="letter-spacing: -0.3pt"> </FONT>15 (W-36587) and the W/2NE/4<FONT STYLE="letter-spacing: -0.9pt">
</FONT>Section<FONT STYLE="letter-spacing: 0.1pt"> </FONT>23 (W-0323746)<FONT STYLE="letter-spacing: -0.85pt"> </FONT>all in Twp
37N, Rge 85W, Natrona County, Wyoming, is not possible at this time due to certain corporate assignments that were<FONT STYLE="letter-spacing: 2.45pt">
</FONT>not<FONT STYLE="letter-spacing: 2.45pt"> </FONT>made when Viking converted from a standard corporation<FONT STYLE="letter-spacing: -0.8pt">
</FONT>to an<FONT STYLE="letter-spacing: -0.3pt"> </FONT>LLC company.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.1pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 41pt 0 0; text-align: justify; text-indent: 37.1pt"><FONT STYLE="line-height: 99%">You<FONT STYLE="letter-spacing: -0.4pt">
</FONT>have stated this<FONT STYLE="letter-spacing: 0.1pt"> </FONT>situation<FONT STYLE="letter-spacing: -0.5pt"> </FONT>can<FONT STYLE="letter-spacing: 0.1pt">
</FONT>be<FONT STYLE="letter-spacing: -0.3pt"> </FONT>corrected,<FONT STYLE="letter-spacing: -1.15pt"> </FONT>but it might<FONT STYLE="letter-spacing: -0.3pt">
</FONT>take at least four <FONT STYLE="letter-spacing: -0.3pt">(</FONT>4) months. Since the 40 acres described as the SE/4SW/4
Section 14 is critical to this prospect<FONT STYLE="letter-spacing: -0.15pt"> </FONT>we are prepared to pay one half ($17,500)<FONT STYLE="letter-spacing: -0.15pt">
</FONT>of the option price<FONT STYLE="letter-spacing: -0.05pt"> </FONT>of $35,000 now and pay the balance of $17,500 when the<FONT STYLE="letter-spacing: 0.1pt">
</FONT>recordable<FONT STYLE="letter-spacing: -0.15pt"> </FONT>assignments to<FONT STYLE="letter-spacing: 0.1pt"> </FONT>the above
described leases can be made. If the recordable assignments have not been received by June 1, 2010, for each<FONT STYLE="letter-spacing: 2.45pt">
</FONT>succeeding month the assignments are not received by Empire the $17,500 remaining payment will<FONT STYLE="letter-spacing: -0.45pt">
</FONT>be reduced by<FONT STYLE="letter-spacing: -0.85pt"> </FONT>$5,000 per month.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.65pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 40pt 0 0; text-align: justify; text-indent: 37.1pt">If this agreement
meets with your understanding and approval please sign and fax one<FONT STYLE="letter-spacing: -0.5pt"> </FONT>copy<FONT STYLE="letter-spacing: -0.5pt">
</FONT>to Empire at (918)<FONT STYLE="letter-spacing: -0.4pt"> </FONT>488-1530.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.2pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in; text-indent: 0.5in">Yours<FONT STYLE="letter-spacing: -0.85pt">
</FONT>very<FONT STYLE="letter-spacing: -0.65pt"> </FONT>truly,</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in; text-indent: 0.5in">/s/ A. E. Whitehead</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 2.5in; text-indent: 0.5in">A. E. Whitehead&#9;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.3pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 61.8pt 0 0; text-align: justify">AEW/gs</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 61.8pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 61.8pt 0 0; text-align: justify">Agreed to this <U>24<SUP>th</SUP>
</U>day of <U>February</U>, 2010</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 61.8pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 61.8pt 0 0; text-align: justify">VIKING EXPLORATION, LLC</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 61.8pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 61.8pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 61.8pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 61.8pt 0 0; text-align: justify">By: /a/ James C. Einarsen</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 61.8pt 0 0; text-align: justify">James C. Einarsen, Manager <FONT STYLE="letter-spacing: -0.45pt">
</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 10pt"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>


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<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>8
<FILENAME>exh10-19.htm
<DESCRIPTION>EXHIBIT 10.19 DESIGNATION OF AGENT - PARADISE
<TEXT>
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<P STYLE="font: 9pt Calibri, Halvetica, Sans-Serif; margin: 0.25pt 0 0"><B></B><FONT STYLE="font-family: Times New Roman, Times, Serif">EXHIBIT
10.19</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.15pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.5pt 0 0; text-align: center"><FONT STYLE="line-height: 207%">DESIGNATION<FONT STYLE="letter-spacing: 0.05pt">
</FONT>OF<FONT STYLE="letter-spacing: 0.4pt"> </FONT>AGENT</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.5pt 0 0; text-align: center"><FONT STYLE="line-height: 207%"></FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.5pt 0 0; text-align: center"><FONT STYLE="line-height: 207%">(Submit<FONT STYLE="letter-spacing: 0.55pt">
</FONT>in<FONT STYLE="letter-spacing: 0.15pt"> </FONT>triplicate)</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1.5pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1pt 18.2pt 0 0; text-align: justify"><FONT STYLE="line-height: 102%">The<FONT STYLE="letter-spacing: 1.3pt">
</FONT>undersigned<FONT STYLE="letter-spacing: 1.35pt"> </FONT>is,<FONT STYLE="letter-spacing: 1.65pt"> </FONT>on<FONT STYLE="letter-spacing: 1.7pt">
</FONT>the<FONT STYLE="letter-spacing: 2pt"> </FONT>records<FONT STYLE="letter-spacing: 1.4pt"> </FONT>of<FONT STYLE="letter-spacing: 1.75pt">
</FONT>the<FONT STYLE="letter-spacing: 1.45pt"> </FONT>Bureau<FONT STYLE="letter-spacing: 1.65pt"> </FONT>of<FONT STYLE="letter-spacing: 2.05pt">
</FONT>Land<FONT STYLE="letter-spacing: 1.85pt"> </FONT>Management,<FONT STYLE="letter-spacing: 0.95pt"> </FONT>Unit Operator under
the Paradise Unit Agreement, <U>Nye and Mineral</U> Counties, Nevada, No. <U>NVN-88316X</U>, approved and effective on <U>April14,
2010</U>.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.85pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 327.85pt 0 0; text-align: justify">And hereby designates:</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 327.85pt 0 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 9pt Times New Roman, Times, Serif; border-collapse: collapse">
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    <TD STYLE="width: 34%; padding-top: 0.75pt; line-height: 115%; text-align: right">Name:</TD>
    <TD STYLE="width: 33%; border-bottom: windowtext 1pt solid; padding-top: 0.75pt; line-height: 115%; text-align: center">Empire Petroleum Corporation</TD>
    <TD STYLE="width: 33%; padding-top: 0.75pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.75pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-top: 0.75pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-top: 0.75pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.75pt; line-height: 115%; text-align: right">Address:</TD>
    <TD STYLE="border-bottom: windowtext 1pt solid; padding-top: 0.75pt; line-height: 115%; text-align: center">8801 S. Yale, Suite 120</TD>
    <TD STYLE="padding-top: 0.75pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.75pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-top: 0.75pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-top: 0.75pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.75pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="border-bottom: windowtext 1pt solid; padding-top: 0.75pt; line-height: 115%; text-align: center">Tulsa, Oklahoma 74137-3575</TD>
    <TD STYLE="padding-top: 0.75pt; line-height: 115%">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.75pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 14.75pt 0 0; text-align: justify; text-indent: -0.25pt"><FONT STYLE="line-height: 103%">as
its<FONT STYLE="letter-spacing: 0.15pt"> </FONT>agent, with<FONT STYLE="letter-spacing: 0.15pt"> </FONT>full authority to act on
its<FONT STYLE="letter-spacing: 0.05pt"> </FONT>behalf in complying with the terms of<FONT STYLE="letter-spacing: 0.55pt"> </FONT>the<FONT STYLE="letter-spacing: 0.55pt">
</FONT>unit agreement and regulations applicable<FONT STYLE="letter-spacing: 0.55pt"> </FONT>thereto and on whom<FONT STYLE="letter-spacing: 0.95pt">
</FONT>the<FONT STYLE="letter-spacing: 0.4pt"> </FONT>Authorized Officer<FONT STYLE="letter-spacing: 0.15pt"> </FONT>or his representative<FONT STYLE="letter-spacing: 0.15pt">
</FONT>may serve written or oral instructions in securing compliance with the Oil and<FONT STYLE="letter-spacing: 0.15pt"> </FONT>Gas
Operating Regulations in the SE/4NE/4, Sec. <U>11</U>, T. <U>12N</U>,<FONT STYLE="letter-spacing: 0.15pt"> </FONT>R. 34E <U>Nye
and<FONT STYLE="letter-spacing: 0.95pt"> </FONT>Mineral</U><FONT STYLE="letter-spacing: 1.7pt"> </FONT>Counties,<FONT STYLE="letter-spacing: 1.75pt">
</FONT>Nevada. <FONT STYLE="letter-spacing: 2pt"> </FONT>Bond coverage<FONT STYLE="letter-spacing: 1.35pt"> </FONT>will<FONT STYLE="letter-spacing: 1.4pt">
</FONT>be provided under (Statewide, Nationwide, Lessee) Bond No. <U>NVB000540</U>.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.9pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 14.1pt 0 0; text-align: justify"><FONT STYLE="line-height: 103%">It<FONT STYLE="letter-spacing: 0.15pt">
</FONT>is understood that this Designation<FONT STYLE="letter-spacing: 2pt"> </FONT>of Agent<FONT STYLE="letter-spacing: 2pt">
</FONT>does not relieve the<FONT STYLE="letter-spacing: 2pt"> </FONT>Unit Operator of responsibility for<FONT STYLE="letter-spacing: 1.65pt">
</FONT>compliance with<FONT STYLE="letter-spacing: 1.3pt"> </FONT>the terms of<FONT STYLE="letter-spacing: 1.45pt"> </FONT>the<FONT STYLE="letter-spacing: 1.4pt">
</FONT>unit<FONT STYLE="letter-spacing: 1.4pt"> </FONT>agreement and<FONT STYLE="letter-spacing: 1.4pt"> </FONT>the Oil<FONT STYLE="letter-spacing: 1.45pt">
</FONT>and<FONT STYLE="letter-spacing: 1.65pt"> </FONT>Gas Operating<FONT STYLE="letter-spacing: 0.4pt"> </FONT>Regulations. It
is also understood that this Designation of Agent does<FONT STYLE="letter-spacing: 1.3pt"> </FONT>not constitute <FONT STYLE="letter-spacing: 1.35pt">
</FONT>and <FONT STYLE="letter-spacing: 1.85pt"> </FONT>assignment of <FONT STYLE="letter-spacing: 1.65pt"> </FONT>any <FONT STYLE="letter-spacing: 1.7pt">
</FONT>interest <FONT STYLE="letter-spacing: 1.3pt"> </FONT>under the <FONT STYLE="letter-spacing: 2.05pt"> </FONT>unit agreement
or any lease committed thereto.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.6pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 13.65pt 0 0; text-align: justify; text-indent: -0.25pt"><FONT STYLE="line-height: 102%">In<FONT STYLE="letter-spacing: 1.3pt">
</FONT>case of<FONT STYLE="letter-spacing: 1.7pt"> </FONT>default on<FONT STYLE="letter-spacing: 1.65pt"> </FONT>the part of<FONT STYLE="letter-spacing: 1.4pt">
</FONT>the designated agent, the<FONT STYLE="letter-spacing: 1.45pt"> </FONT>Unit Operator<FONT STYLE="letter-spacing: 2.05pt">
</FONT>will<FONT STYLE="letter-spacing: 1.4pt"> </FONT>make full and prompt compliance with all regulations, lease<FONT STYLE="letter-spacing: 0.4pt">
</FONT>terms, or orders<FONT STYLE="letter-spacing: 0.4pt"> </FONT>of the Secretary of the Interior or his duly authorized representative.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.1pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 12.65pt 0 0; text-align: justify"><FONT STYLE="line-height: 100%">The
Unit<FONT STYLE="letter-spacing: 0.15pt"> </FONT>Operator agrees to promptly notify<FONT STYLE="letter-spacing: 0.05pt"> </FONT>the
Authorized<FONT STYLE="letter-spacing: 1.35pt"> </FONT>Officer<FONT STYLE="letter-spacing: 0.95pt"> </FONT>of any change in the
designated<FONT STYLE="letter-spacing: 0.4pt"> </FONT>agent.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.35pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 12.25pt 0 0; text-align: justify"><FONT STYLE="line-height: 104%">This
Designation of Agent is deemed to be temporary and in no manner a permanent arrangement. A designated<FONT STYLE="letter-spacing: 1.65pt">
</FONT>agent may no designate another party<FONT STYLE="letter-spacing: 0.05pt"> </FONT>as agent.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.1pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Calibri, Halvetica, Sans-Serif; margin: 0 0.15in 0 0; text-align: justify; text-indent: -0.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; line-height: 104%">This
designation is given only to enable<FONT STYLE="letter-spacing: 1.45pt"> </FONT>the agent herein<FONT STYLE="letter-spacing: 2.05pt">
</FONT>designated to<FONT STYLE="letter-spacing: 1.7pt"> </FONT>drill the<FONT STYLE="letter-spacing: 1.75pt"> </FONT>above specified
well. It is understood that this<FONT STYLE="letter-spacing: 1.7pt"> </FONT>Designation of Agent is limited to the field operations
performed <FONT STYLE="letter-spacing: 0.95pt"> </FONT>while <FONT STYLE="letter-spacing: 0.4pt"> </FONT>drilling <FONT STYLE="letter-spacing: 0.15pt">
</FONT>and completing the <FONT STYLE="letter-spacing: 0.55pt"> </FONT>specified well and does not include administrative actions
requiring specific authorization<FONT STYLE="letter-spacing: 1.45pt"> </FONT>of the Unit Operator. This designation in no<FONT STYLE="letter-spacing: 0.55pt">
</FONT>way will serve<FONT STYLE="letter-spacing: 0.4pt"> </FONT>as<FONT STYLE="letter-spacing: 0.05pt"> </FONT>authorization
for<FONT STYLE="letter-spacing: 0.4pt"> </FONT>the<FONT STYLE="letter-spacing: 0.4pt"> </FONT>agent to conduct field operations
</FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; line-height: 104%">for the specified <FONT STYLE="letter-spacing: 1.4pt">
</FONT>well after it has <FONT STYLE="letter-spacing: 1.35pt"> </FONT>been completed for production. Unless <FONT STYLE="letter-spacing: 1.45pt">
</FONT>sooner terminated, this designation shall terminate when there is filed in the<FONT STYLE="letter-spacing: 0.05pt"> </FONT>appropriate
office of the Bureau<FONT STYLE="letter-spacing: 2pt"> </FONT>of Land<FONT STYLE="letter-spacing: 1.3pt"> </FONT>Management, all
reports and<FONT STYLE="letter-spacing: 1.85pt"> </FONT>a<FONT STYLE="letter-spacing: 2pt"> </FONT>Well Completion Report and
Log (Form 3160-4) as required <FONT STYLE="letter-spacing: 0.55pt"> </FONT>by the approved Application for Permit <FONT STYLE="letter-spacing: 0.4pt">
</FONT>to Drill for the specified well.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 1pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 26.6pt 0 0; text-align: justify; text-indent: -0.5pt"><FONT STYLE="line-height: 103%">In
the event the above specified well is completed as a non-paying unit well, the<FONT STYLE="letter-spacing: 0.15pt"> </FONT>authority
for the<FONT STYLE="letter-spacing: 0.4pt"> </FONT>designated agent<FONT STYLE="letter-spacing: 0.55pt"> </FONT>to operate this
well<FONT STYLE="letter-spacing: 0.15pt"> </FONT>shall be established<FONT STYLE="letter-spacing: 1.35pt"> </FONT>by completion<FONT STYLE="letter-spacing: 1.3pt">
</FONT>of<FONT STYLE="letter-spacing: 0.55pt"> </FONT>the Delegation of<FONT STYLE="letter-spacing: 0.4pt"> </FONT>Authority to
Operate Non-paying Unit Well<FONT STYLE="letter-spacing: 0.05pt"> </FONT>form<FONT STYLE="letter-spacing: 0.15pt"> </FONT>and submittal
of the form to the appropriate office of the Authorized Officer.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.35pt 0 0">&nbsp;&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.35pt 0 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0.35pt 0 0">&nbsp;</P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 41%; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%; text-align: center">June 15, 2010</TD>
    <TD STYLE="width: 15%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="width: 44%; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%; text-align: center">Cortez Exploration, L.L.C.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%; text-align: center">Date</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%; text-align: center">Unit Operator</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%; text-align: center">June 15, 2010</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">/s/ O. F. Duffield</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%; text-align: center">Date</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">O. F. Duffield, Authorized Officer, Manager</TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Arial; margin: 0; color: Red"></P>

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<DOCUMENT>
<TYPE>EX-20
<SEQUENCE>9
<FILENAME>exh10-20.htm
<DESCRIPTION>EXHIBIT 10.20 PROSPECT LETTER AGREEMENT - 1% W.I. OWNERS GV
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<TITLE>
Exhibit 10.20
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<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase; line-height: 115%"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase; line-height: 115%"><B>Prospect
Letter Agreement</B></FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">This prospect
letter agreement (this &ldquo;Letter Agreement&rdquo;) is made and entered into this [__] day of October, 2010 (the &ldquo;Effective
Date&rdquo;), by and between Empire Petroleum Corporation, a Delaware corporation (&ldquo;Empire&rdquo;), and [________________]
(&ldquo;Assignee&rdquo;). Empire and Assignee shall sometimes be referred to herein individually as a &ldquo;Party&rdquo; and,
collectively, as the &ldquo;Parties.&rdquo;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="line-height: 115%"><B>Recitals</B></FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="line-height: 115%"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">A. The Gabbs
Valley Prospect (the &ldquo;Prospect&rdquo;) covers approximately 92,825 gross acres, with no depth limitations. A number of leases
or portions of leases making up the Prospect have been included in an oil and gas unit formed pursuant to that certain Unit Agreement
for the Development and Operation of the Paradise Unit Area, Counties of Nye and Mineral, State of Nevada, dated April 14, 2010,
No. ANVN88316X (the &ldquo;Paradise Unit Agreement&rdquo;). A copy of the Paradise Unit Agreement is attached hereto as <B>Exhibit
A</B>. The unit formed under the Paradise Unit Agreement is hereafter referred to as the &ldquo;Paradise Unit.&rdquo;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">B. The prospect
leases wholly or partially included in the Paradise Unit are identified and described on <B>Exhibit B</B> attached hereto (the
&ldquo;Paradise Unit Leases&rdquo;).</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">C. There are
additional leases included in the Prospect that are not part of the Paradise Unit. The Prospect leases or portions of Prospect
leases not included in the Paradise Unit are identified and described on <B>Exhibit C</B> attached hereto the &ldquo;Non-Unit Leases&rdquo;
and, collectively with the Paradise Unit Leases, the &ldquo;Prospect Leases&rdquo;).</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">D. Subject to
the provisions of the Paradise Unit Agreement, operations for the Paradise Unit have been and shall be conducted pursuant to the
Unit Operating Agreement attached hereto as <B>Exhibit D</B> (the &ldquo;Paradise Unit Operating Agreement&rdquo;).</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">E. Pursuant to
that certain Farmout Agreement dated June 11, 2010 attached hereto as <B>Exhibit E</B> (the &ldquo;Farmout Agreement&rdquo;), by
and between Empire and Cortez Exploration, L.L.C. and Windmill Oil &amp; Gas, L.L.C. (the &ldquo;Cortez Group&rdquo;), Empire drilled
that certain initial test well with respect to the Paradise Unit Leases located on Lease No. N-599901, in the SE/4 of the SE/4
of the NE/4 of Section 12-T12N-R34E (the &ldquo;Empire Paradise Unit No. 2-12 Well&rdquo;) to a depth of approximately 4,248 feet.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">F. Empire owns
98% (of 8/8ths) leasehold interest, record title interest and working interest in all of the Prospect Leases and 98% of 80% (of
8/8ths) net revenue interest in each of the Prospect Leases, all subject to certain reversionary interests to the Cortez Group
pursuant to the Farmout Agreement.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">G. In exchange
for the payment of $[100,000] by Assignee to Empire, the Parties have agreed that the Empire will assign to Assignee [1]% of Empire&rsquo;s
gross working interest (which is [1]% of 80% (of 8/8ths) net revenue interest) in the Paradise Unit Leases and the Empire Paradise
Unit No. 2-12 Well and grant Assignee an option to participate in the Non-Unit Leases.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="line-height: 115%"><B>Agreement</B></FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">In consideration
of the mutual premises and covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the Parties hereby agree as follows:</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">1. <B>Purchase
Price; Assignment of Transferred Interest</B>. In exchange for the payment of $[100,000] by Assignee to Empire (the &ldquo;Purchase
Price&rdquo;), Empire shall assign to Assignee [1]% of Empire&rsquo;s gross working interest (which is [1]% of 80% (of 8/8ths)
net revenue interest) in the Paradise Unit Leases and the Empire Paradise Unit No. 2-12 Well (the &ldquo;Paradise Unit Transferred
Interest&rdquo;). Upon the execution of this Letter Agreement and the payment of the Purchase Price, Empire shall execute and deliver
to Assignee assignments of the Paradise Unit Transferred Interest in form and substance reasonably acceptable to Assignee.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">2. <B>Completion
of Empire Paradise Unit No. 2-12 Well</B>. Empire hereby agrees that it will pay for the cost to deepen the Empire Paradise Unit
No. 2-12 Well another 800 to 1,000 feet. Assignee shall not have any responsibility to pay the costs to continue drilling the Empire
Paradise Unit No. 2-12 Well. Assignee likewise shall not have any responsibility to pay the costs to complete and equip the Empire
Paradise Unit No. 2-12 Well into pipeline connections or tanks, or to abandon the Empire Paradise Unit No. 2-12 Well should it
be a dry hole, as the case may be. As between Empire and Assignee, the manner in which to drill and complete the Empire Paradise
Unit No. 2-12 Well and the costs to be incurred to drill and complete the Empire Paradise Unit No. 2-12 Well shall be in the sole
discretion of Empire, consistent with good oil field practice. In this regard, Empire is not required to prepare an AFE or obtain
approval of an AFE from Assignee with respect to the drilling and completion (or abandonment) of the Empire Paradise Unit No. 2-12
Well.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">3. <B>Option
on Non-Unit Leases</B>. The Parties acknowledge and agree that with respect to the Non-Unit Leases, Empire has certain optional
rights pursuant to Section VII of the Farmout Agreement and, in the event that Empire does not exercise such rights, Empire&rsquo;s
interests in the Non-Unit Leases acquired from the Cortez Group pursuant to the Farmout Agreement are subject to a reversionary
interest to the Cortez Group (the &ldquo;Cortez Group Reversionary Interest&rdquo;). In the event that Empire elects to exercise
such optional rights with respect to any Non-Unit Lease, the Parties hereby agree that Assignee shall have the right to participate
along with Empire and receive [1]% gross working interest(which is [1]% of 80% (of 8/8ths) net revenue interest) in such Non-Unit
Lease (the &ldquo;Non-Unit Lease Transferred Interest&rdquo;) by paying [1]% of the rentals of such Non-Unit Lease, which Non-Unit
Lease Transferred Interest shall be subject to the Cortez Group Reversionary Interest. Empire shall be the operator with respect
to the drilling, completion and/or abandonment of the Non-Unit Test Well (as defined in the Farmout Agreement), if any, and all
operations of the Non-Unit Leases shall be conducted pursuant to the joint operating agreement attached hereto as Exhibit &ldquo;D&rdquo;.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">4. <B>Representations
and Warranties as to Title</B>. Empire represents and warrants that as of the date of this Letter Agreement its title to the Prospect
Leases is free and clear from any prior conveyance, lien or encumbrance made or suffered by it, or by any person by, through or
under it, which diminishes, limits or burdens the rights and interests that Assignee has the right to earn under this Letter Agreement.
Empire further represents and warrants that until such time as the Non-Unit Leases, or any of them, are assigned to Assignee under
the terms of this Letter Agreement, Empire will not make or suffer, or allow to be made or suffered by any person by though or
under it, any conveyance, lien or encumbrance with respect to the Non-Unit Leases.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">5. <B>Burdens</B>.
All assignments under this Letter Agreement shall be subject to and burdened by the terms and conditions of this Letter Agreement,
the Prospect Leases, the Paradise Unit Operating Agreement and the Paradise Unit Agreement (or, with respect to assignments of
the Non-Unit Leases, a unit agreement substantially similar to the Paradise Unit Agreement if a unit is subsequently formed), and
a proportionate part of all landowners&rsquo; royalties, overriding royalty interests and similar interests of record as of the
date of such assignment.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">6. <B>Tag Along
and Drag Along Rights</B>.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">(a)&#9;<B>Tag
Along</B>. For a period of [five] years from and after the Effective Date, in the event either Party (the &ldquo;Transferring Party&rdquo;)
desires to sell, assign, transfer or otherwise dispose of all or any portion of its interests in the Prospect, directly or indirectly,
the Transferring Party shall promptly deliver to the other Party (the &ldquo;Non-Transferring Party&rdquo;) written notice thereof,
and the Non-Transferring Party shall have the right, but not the obligation, to elect to participate in the proposed transaction
in proportion to Non-Transferring Party&rsquo;s interests in the Prospect as part of the proposed transaction at the same terms,
conditions and valuation. The notice shall include the name of the proposed transferee, and all of the terms and conditions of
the proposed transaction. The Non-Transferring Party shall deliver to the Transferring Party written notice of the Non-Transferring
Party&rsquo;s election to participate in the proposed transaction on or before five days after the Non-Transferring Party&rsquo;s
receipt of written of notice thereof from the Transferring Party. If the Non-Transferring Party fails to deliver its election within
said time-period, the Non-Transferring Party shall be deemed conclusively to have elected not to participate in the proposed transaction
hereunder. If the acquiring party in the proposed transaction is unwilling to acquire all of the interests offered, the Non-Transferring
Party shall have the right to participate in the proposed transaction in the same ratio as the Non-Transferring Party&rsquo;s interest
in the Prospect bears to the total interests in the Prospect to be transferred by both the Transferring Party and the Non-Transferring
Party.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">(b)&#9;<B>Drag
Along</B>. If Empire receives a bona fide written offer (the &ldquo;Purchase Offer&rdquo;) from a third party (the &ldquo;Purchaser&rdquo;)
to purchase all or substantially all of Empire&rsquo;s interest in the Prospect, and the Purchase Offer is acceptable in Empire&rsquo;s
sole and absolute discretion, Empire shall have the right, but not the obligation, to cause Assignee (and their permitted assignee(s)
or successors, if any) to sell all (but not less than all) of Assignee&rsquo;s interests in the Prospect in accordance with the
terms and conditions of this Section 6(b) (the &ldquo;Drag Along Right&rdquo;). Empire shall elect to exercise the Drag Along Right
by written notice (the &ldquo;Drag Along Notice&rdquo;) delivered to Assignee on or before 30 days after receipt of the Purchase
Offer. The Drag Along Notice shall include the name of the Purchaser, the purchase price (the &ldquo;Purchase Price&rdquo;) and
all of the material terms and conditions of the proposed transaction. If Empire elects to exercise the Drag Along Right, the closing
of the transaction shall occur on or before 90 days after receipt of the Drag Along Notice under the circumstances described herein
and, upon compliance with the terms and conditions thereof, Assignee shall sell to such Purchaser all of their interest in the
Prospect. The closing of the Purchaser&rsquo;s acquisition of Empire&rsquo;s interest in the Prospect and Assignee&rsquo;s interest
in the Prospect shall occur simultaneously and be conditioned upon each other.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">7. <B>Miscellaneous</B>.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">(a)&#9;<B>Successors
and Assigns</B>. This Letter Agreement shall not be assigned by any Party without the prior written approval of the non-assigning
Party, which approval shall not be unreasonably withheld, conditioned or delayed.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">(b)&#9;<B>Headings</B>.
Headings used in this Letter Agreement are inserted for convenience only and shall not affect the interpretation of any of the
provisions of this Letter Agreement.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">(c)&#9;<B>Relationship
of Parties</B>. This Letter Agreement does not constitute the Parties as a partnership, mining partnership, mining partnership,
joint venture, incorporated association or any other joint relationship, it being intended that liabilities and obligations of
the Parties shall be several and not joint. Each Party shall be responsible only for its obligations and liabilities as set out
herein and no Party shall be responsible for those of any other Party.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">(d)&#9;<B>Further
Assurances</B>. The Parties agree to execute such further instruments and documents and to diligently undertake such actions as
may be necessary or appropriate in connection with the subject matter of this Letter Agreement and to take such other action as
reasonably requested by a Party to give full force and effect to the terms and intent of this Letter Agreement.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">(e)&#9;<B>Entire
Agreement</B>. This Letter Agreement, including the Exhibits attached hereto, constitutes the entire agreement and understanding
of the Parties hereto with respect to the transactions contemplated hereby, and supersedes all prior understandings, discussions
and agreements between the Parties relating to the subject matter hereof. The Exhibits attached hereto are incorporated herein
by reference.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">(f)&#9;<B>Laws
Governing This Agreement</B>. This Agreement shall be governed by and construed in accordance with the laws of the State of Nevada.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">(g)&#9;<B>Binding
Effect</B>. This Letter Agreement shall be binding upon and inure to the benefit of the Parties hereto, their respective heirs,
successors and assigns.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">(h)&#9;<B>Counterpart
Execution</B>. This Letter Agreement may be executed in any number of counterparts, each of such shall be considered an original
for all purposes.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">(i)&#9;<B>Notices</B>.
All notices or other communications required or permitted hereunder shall be provided in writing and shall be delivered to the
authorized representative of the Parties set forth below, by either (i) personal delivery, (ii) certified mail, return receipt
requested, (iii) overnight delivery service, or (iv) facsimile, as follows:</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">If to Empire:</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">Empire Petroleum
Corporation</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">8801 South Yale,
Suite 120</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">Tulsa, Oklahoma
74137-3575</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">Attn: A. E. Whitehead</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">Facsimile: (918)
488-1530</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">If to Assignee:</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">[________________]</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">[________________]</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">[________________]</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">Attn: [___________]</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">Facsimile: (___)
[__]-[___]</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">Either Party may, upon written notice
to the other Party, change the address and person to whom such communications are to be directed.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">IN WITNESS WHEREOF,
the Parties have executed and delivered this Letter Agreement effective as of the Effective Date.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 11pt Calibri, Halvetica, Sans-Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="text-transform: uppercase; line-height: 115%">Empire
Petroleum Corporation</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 22pt"><FONT STYLE="line-height: 115%">By:</FONT> /s/ Albert E. Whitehead</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">Albert E. Whitehead</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="line-height: 115%">President and
Chief Executive Officer</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">[Assignee]</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">&nbsp;</FONT></P>

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<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">By: ___________________________________</FONT></P>

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<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">Name: _________________________________</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="line-height: 115%">Title: __________________________________</FONT></P>
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