Trek Resources Inc Sample Contracts

Trek Resources Inc – PRESS RELEASE TREK RESOURCES, INC. Announces Stockholder Approval of Reverse Stock Split AS PART OF GOING PRIVATE TRANSACTION (April 15th, 2005)

DALLAS, TX, April 14, 2005 - Trek Resources, Inc. (the "Company") (OTCBB: TREK) today announced that its stockholders have approved a 1-for-100 reverse stock split of the Company's common stock. Shares controlled directly or indirectly by Michael E. Montgomery, the Company's Chairman, Chief Executive Officer and President, and his mother, Faye C. Briggs, were voted, by written consent in lieu of a stockholder meeting, in favor of the reverse stock split. Mr. Montgomery and his mother currently own approximately 59% of the Company's outstanding common stock and 100% of the Company's outstanding Series A convertible preferred stock.

Trek Resources Inc – Wednesday, May 28, 2003 Press Release FOR IMMEDIATE RELEASE Trek Announces $25 Million Credit Facility with Wells Fargo (May 29th, 2003)

DALLAS, May 28, 2003/ PRNewswire / -- Trek Resources, Inc. (OTCBB: TREK) ("Trek" or the "Company") announces today that the Company has entered into a new secured credit facility with Wells Fargo Bank Texas, National Association. This credit facility will allow Trek to borrow up to $25 million from Wells Fargo on a revolving basis, subject to borrowing base limitations. Trek will use this credit facility to repay its borrowings under its existing loan facility with Compass Bank, which matures on June 1, 2003.

Trek Resources Inc – Loan Agreement As of May 28, 2003 Between (May 29th, 2003)

BORROWER TREK RESOURCES, INC. 955 One Energy Square 4925 Greenville Avenue Dallas, Texas 75206 LENDER WELLS FARGO BANK TEXAS, NATIONAL ASSOCIATION 1445 Ross Avenue, Suite 2360 Dallas, Texas 75202

Trek Resources Inc – CERTIFICATION PURSUANT TO AS ADOPTED PURSUANT TO (February 14th, 2003)

In connection with the Annual Report of Trek Resources, Inc. (the "Company") on Form 10-QSB for the fiscal quarter ended December 31, 2002, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Michael E. Montgomery, President, Chief Executive Officer, Chief Financial Officer and Chairman of the Board of the Company, certify, pursuant to 18 U.S.C. ' 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge:

Trek Resources Inc – AMENDMENT TO FORBEARANCE AGREEMENT (December 26th, 2002)

This AMENDMENT TO FORBEARANCE AGREEMENT (the "Agreement") is made and entered into effective December 2, 2002, by and between TREK RESOURCES, INC., a Delaware corporation, formerly Trek Resources, Inc., a Utah corporation and formerly McGowen Resources, Inc. ("McGowen") (the "Borrower"), and COMPASS BANK, an Alabama state-chartered banking institution (the "Lender").

Trek Resources Inc – FORBEARANCE AGREEMENT (December 26th, 2002)

This FORBEARANCE AGREEMENT (the "Agreement") is made and entered into effective October 10, 2002, by and between TREK RESOURCES, INC., a Delaware corporation, formerly Trek Resources, Inc., a Utah corporation and formerly McGowen Resources, Inc. ("McGowen") (the "Borrower"), and COMPASS BANK, an Alabama state-chartered banking institution (the "Lender").

Trek Resources Inc – CERTIFICATION PURSUANT TO AS ADOPTED PURSUANT TO (December 26th, 2002)

In connection with the Annual Report of Trek Resources, Inc. (the "Company") on Form 10-KSB for the fiscal year ended September 30, 2002, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Michael E. Montgomery, President, Chief Executive Officer, Chief Financial Officer and Chairman of the Board of the Company, certify, pursuant to 18 U.S.C.'1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge:

Trek Resources Inc – CERTIFICATE OF DESIGNATION of SERIES A CONVERTIBLE PREFERRED STOCK of TREK RESOURCES, INC. Pursuant to Section 151 of the Delaware General Corporation Law (December 3rd, 2002)

Trek Resources, Inc., a corporation organized and existing under the laws of the State of Delaware (the "Corporation"), hereby certifies that the following resolutions were adopted by the Board of Directors of the Corporation (the "Board") pursuant to authority of the Board as required by Section 151 of the Delaware General Corporation Law.

Trek Resources Inc – STOCK PURCHASE AGREEMENT (December 3rd, 2002)

THIS STOCK PURCHASE AGREEMENT (the "Agreement") is executed as of December 2, 2002, by and among Trek Resources, Inc., a Delaware corporation (the "Seller"), Michael E. Montgomery, an individual residing in Dallas County, Texas ("Montgomery"), and Faye C. Briggs, an individual residing in Dallas County, Texas ("Briggs"). Briggs and Montgomery are collectively referred to herein as the "Purchasers."

Trek Resources Inc – REGISTRATION RIGHTS AGREEMENT (December 3rd, 2002)

Registration Rights Agreement (this "Agreement") dated as of December 2, 2002 by and among Trek Resources, Inc. a Delaware corporation (the "Company"), Michael E. Montgomery, an individual residing in Dallas County, Texas ("Montgomery"), and Faye C. Briggs, an individual residing in Dallas County, Texas ("Briggs"). Briggs and Montgomery are collectively referred to herein as the "Investors".

Trek Resources Inc – Tuesday, December 3, 2002 Press Release Trek Announces Sale of Series A Preferred Stock. (December 3rd, 2002)

DALLAS, December 3, 2002/ PRNewswire / -- Trek Resources, Inc. (OTCBB: TKRD) ("Trek" or the "Company") announces that on December 2, 2002, the Company entered into a stock purchase agreement with Michael E. Montgomery, Trek's Chairman of the Board, Chief Executive Officer, President and Chief Financial Officer, and Faye C. Briggs whereby Mr. Montgomery and Ms. Briggs simultaneously purchased an aggregate of 100,000 shares of Trek's Series A Convertible Preferred Stock for an aggregate purchase price of $1,000,000. Trek will apply the proceeds received from this sale to reduce the principal amount of debt outstanding under its senior credit facility with Compass Bank. Trek received a fairness opinion from an energy focused investment bank, Energy Capital Solutions LLC, regarding the terms of the private placement.

Trek Resources Inc – AGREEMENT Masterson/Providence Area Cottle and King County, Texas (August 14th, 2002)

This Agreement (the "Agreement") is made and entered into this 1st day of June, 2002, by and between TREK RESOURCES, INC. ("Trek"), whose address is 4925 Greenville Avenue, Suite 955, Dallas, Texas 75206, and P.C. BURNS OIL PRODUCERS, INC. ("Burns"), whose address is P.O. Box 4687, Wichita Falls, Texas 76308.

Trek Resources Inc – CERTIFICATION PURSUANT TO AS ADOPTED PURSUANT TO (August 14th, 2002)

In connection with the Quarterly Report of Trek Resources, Inc. (the "Company") on Form 10-QSB for the quarterly period ended June 30, 2002, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Michael E. Montgomery, President, Chief Executive Officer, Chief Financial Officer and Chairman of the Board of the Company, certify, pursuant to 18 U.S.C. ' 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge:

Trek Resources Inc – FOURTH AMENDMENT TO CREDIT AGREEMENT (August 14th, 2001)

1 EXHIBIT 10.5 FOURTH AMENDMENT TO CREDIT AGREEMENT This Fourth Amendment to Credit Agreement ("Amendment") is entered into between Compass Bank, an Alabama state bank, (the "Lender") and Trek Resources, Inc., a Delaware corporation, (the "Borrower"), formerly Trek Resources, Inc., a Utah corporation, and is dated as of July 31, 2001. Terms defined in the Credit Agreement between the Lender and the Borrower, under its previous name, McGowen Resources Company, Inc., dated December 24, 1997, as amended (the "Credit Agreement"), are used herein as therein defined, unless otherwise defined herein or the context otherwise requires. RECITALS: WHEREAS, the Borrower has requested that the Lender amend the Credit Agreement; and WHEREAS, the Lender is willing to amend the Credit Agreement under the terms and conditions set forth herein;