Explortex Energy Inc. Watch

from 8-K 6 pages February 29, 2012 Point Capital Barnett Shale Investors II, L.P. C/O Point Capital Partners, LLC 383 Main Street, Suite 202 Chatham Nj 07928 Attention: Theodore D. Williams Purchase and Sale Agreement 1. the Purchase and Sale Will Be Completed on and Subject to the Terms and Conditions of a Formal Purchase and Sale Agreement (The "Purchase and Sale Agreement") Which, in Addition to the Customary Terms and Conditions for Agreements of This Type, Would Have the Following Key Terms: (A) Upon Execution of the Purchase and Sale Agreement, the Deposit Will Become Subject to the Terms Thereof; (B) at Closing, (I) Explortex Will Pay to Pcbsi2 the Purchase Price, (II) Pcbsi2 Will Cause Your Legal Counsel to Place the Deposit Into an Escrow Account (The "Escrow Account") With an Escrow Agent That Is Mutually Acceptable to US and Pcbsi2; (C) at Closing, Pcbsi2 Will Transfer and Convey to US Documentation Representing All of the Ownership Interests, Duly Endorsed in Blank and Ready for Transfer; (D) at Closing, Explortex Will Own 100% of the Working Interest Held by Pcbsi2 in the Barnett Property Which Will Provide the Company Ownership of the Working Interests in the Barnett Property, 1

from 8-K 6 pages February 29, 2012 Point Capital Barnett Shale Investors, G.P. C/O Point Capital Partners, LLC 383 Main Street, Suite 202 Chatham Nj 07928 Attention: Theodore D. Williams Purchase and Sale Agreement 1. the Purchase and Sale Will Be Completed on and Subject to the Terms and Conditions of a Formal Purchase and Sale Agreement (The "Purchase and Sale Agreement") Which, in Addition to the Customary Terms and Conditions for Agreements of This Type, Would Have the Following Key Terms: (A) Upon Execution of the Purchase and Sale Agreement, the Deposit Will Become Subject to the Terms Thereof; (B) at Closing, (I) Explortex Will Pay to Pcbsi1 the Purchase Price, (II) Pcbsi1 Will Cause Your Legal Counsel to Place the Deposit Into an Escrow Account (The "Escrow Account") With an Escrow Agent That Is Mutually Acceptable to US and Pcbsi1; (C) at Closing, Pcbsi1 Will Transfer and Convey to US Documentation Representing All of the Ownership Interests, Duly Endorsed in Blank and Ready for Transfer; (D) at Closing, Explortex Will Own 100% of the Working Interest Held by Pcbsi1 in the Barnett Property Which Will Provide the Company Ownership of the Working Interests in the Barnett Property, 1

from 8-K 2 pages Kent S. Castagno

from 8-K 2 pages Plan of reorganization, merger, acquisition or similar

from 8-K 35 pages Plan of reorganization, merger, acquisition or similar

from 8-K 40 pages Asset Purchase Agreement by and Among Blackriver Petroleum, LLC and Ameroil Corp as Seller(s), and Explortex Energy, Inc. and Explortex Acquisition Corp. as Purchaser(s), Dated as of August 24, 2011 1 Asset Purchase Agreement

from 8-K 4 pages Option Agreement

from 8-K 5 pages Working Interest Acquisition and Development Agreement

from 8-K 1 page Notice of Resignation

from 8-K 1 page Action by the Unanimous Written Consent of the Sole Director of Explortex Energy Inc

from 8-K 36 pages Working Interest Acquisition and Development Agreement