Attached files

                                    EXTENSION
                                       OF
                                FARMOUT AGREEMENT



This Extension of Farmout  Agreement  ("Extension") is entered into on this 31st
day of December 31, 2010, by and between Garner Investments,  Inc. ("Garner"), a
Wyoming Corporation, and Sharon K. Fowler ("Farmor").

         WHEREAS,  on August 28, 2006,  Garner and Farmor entered into a Farmout
         Agreement ("the Farmout Agreement") whereby Garner agreed to commit and
         drill wells in certain areas detailed in the Farmout Agreement,  hereby
         attached as EXHIBIT A;

         WHEREAS,  the Farmout  Agreement  provides  for Garner to commence  the
         drilling of an initial well by December 10, 2007 or as soon thereafter;

         WHEREAS,  on October 31,  2009,  the Farmout  Agreement  was amended to
         extend the time  required to commence  drilling of the initial  well to
         December 31, 2010; and

         WHEREAS,  both Garner and Farmer wish to extend the term of the Farmout
Agreement.

NOWTHEREFORE BE IT:

(1)  The Farmout  Agreement  of August 28, 2006 is hereby  amended to extend the
     time  required to commence  the  drilling of the initial  well to April 30,
     2011.

(2)  That all other  rights,  terms and  obligations  of the  Farmout  Agreement
     remain unchanged and in effect.


Accepted and hereby agreed to this 31st day of December 2010.


GARNER INVESTMENTS, INC.                             SHARON K. FOWLER




/s/ Roy Smith                                  /s/ Sharon K Fowler
--------------------------------------------       -------------------
Roy Smith, President                             Sharon K. Fowler, Individually