FW: summaries, resume, and working agreement



______________________________________

Stephen Bargo
Excellere Capital Group 
tel. +1 214.953.9358
fax. +1 214.233.2548
mobile +1 956.206.0320
sbargo@excellerecg.com
www.ExcellereCG.com


-----Original Message-----
From: Robert Brown [mailto:rbrownbarachel@hotmail.com] 
Sent: Tuesday, October 05, 2010 7:21 AM
To: spiceroil@aol.com; william karrington; steve bargo
Subject: RE: summaries, resume, and working agreement


Sam,
No, Lou wanted two projects to send in addition to resume. He thought
summaries weresufficient to start. What he seemed to want to show was a
project or projects that wouldcall for at least a 75 to 100 million capital
requirement. By adding the Brookeland PUD'sand Tigre we reach that
easily. Call you this morning. Maybe we can touch base with Lou to confirm.
Thanks,RB
________________________________

From: SPICEROIL@aol.com
Date: Mon, 4 Oct 2010 22:56:36 -0400
Subject: Re: summaries, resume, and working agreement
To: rbrownbarachel@hotmail.com; william@excellerecg.com; 
sbargo@excellerecg.com

Bwana Robert:

I hope you had a better day than the Longhorns. The ref's threw the 
game. To answer your points:

(1) I thought we were going to send Lou my resume's first? Let me know 
if we are sending him a business plan.
(2) My resume & John's are confidential. But I will forward directly to

Lou.

(3) I am attaching a generic summary of the Barnett Shale Acquisition
(4) We can draft off the tentative agreement (we have not signed it
yet) we have between SK & Kentex. I will send tomorrow. Let me know 
when you show up to the office.

Sincerely,


Samuel G. Spicer
President
KT Operating Company LLC
7557 Rambler Road
Suite 915
Dallas, Texas 75231
Tel: (214) 891-7550
Fax:(214) 891-7551
Direct:(214) 891-7552
Cell:(214) 926-2315

In a message dated 10/4/2010 12:12:44 P.M. Central Daylight Time, 
rbrownbarachel@hotmail.com writes:

Sam,
#1Lou Sessions is suppose to have by tomorrow a one page summary on 
the development planon South Tigre Lagoon including a CAPEX budget and 
potential total reserves, and the samefor the Brookeland PUD's.
If it would save you time, I can have Barrett call you, and you can 
give him all the info. and he can write the summaries. After their 
finished you could review before they go out. Just offeringhis time if 
that would help. Let me know.
#2 Your resume.
#3 I told Fernando that if you were able to cut a deal with the 
sellers of the Barnett Shale Deal,I would send him a package that he 
could translate into Spanish for his clients. We should includethe 
critical pages of the reserve report, as well as a development plan 
for the field. If we used the financing you have instead of paying all 
cash, and on top of the equity paymentrequired upfront, raise enough 
for two or three wells in the possible category as you mentioned, 
thatwould not only create PUD's, but also generate cash flow exempt 
from the the lender. That should significantly increaseinitial rates 
of return we could show plus give us a vehicle to develop and prove up 
the balance of the lease area.
#4 Working Agreement. Can you send me you thoughts of what you feel 
would be an equitable divisionon equity, fees, commissions, ect. on 
projects funded by Steve's team. We have an agreement between SKand 
Steve, but we need to reduce to writing an agreement with you. If you 
send me your thoughts I will forward tohis partner William and Dennis 
so we can get that done .
Let me know what our office can do to help you with any of the above.
Shitty Game,
RB =