ASSIGNMENT, BILL OF SALE AND CONVEYANCE
THIS ASSIGNMENT, BILL OF SALE AND CONVEYANCE (this "Assignment"), dated effective January 1,
2006 (the "Effective Date"), is from ALTEX OIL CORPORATION, a Utah corporation whose address is PO
Box 1057, Breckenridge, Colorado 80424-1057 ("Assignor") to Wellstar Corporation, 11990 Grant St. Ste
500, Northglenn, CO 80226. ("Assignee").
For $10.00 and other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, Assignor hereby sells, assigns, transfers, grants, bargains, conveys to Assignee all of Assignor's
right, title and interest, in and to the following (all of which are called the "Assets"):
1. The oil and gas leases and other interests described in Exhibit A (the "Leases"), all right, title and interest in and
to the oil, gas and all other hydrocarbons, whether liquid or gaseous (the "Hydrocarbons"), in, on or under or that
may be produced from the lands covered by the Leases (the "Lands") after the Effective Date.
2. The oil and gas wells located on the Leases and Lands and described in Exhibit A (the "Wells"), and all
personal property and equipment associated with the Wells as of the Effective Date.
3. The rights, to the extent transferable, in and to all existing and effective unitization, pooling and communitization
agreements, declarations and orders, to the extent that they relate to or affect any of the interests described in
Paragraphs 1 and 2 or the production of Hydrocarbons from the Leases, the Lands and the Wells.
4. The rights, to the extent transferable, in and to Hydrocarbon sales, purchase, gathering, transportation and
processing contracts, operating agreements, partnership agreements, farmout agreements and other contracts,
agreements and instruments relating to the interests described in Paragraphs 1, 2 and 3.
5. All of the personal property, fixtures, improvements, permits, licenses, approvals, servitudes, rights-of-way,
easements and other surface rights located on or