S1_EX-53<PAGE> NOVATION AGREEMENTNovation Agreement • April 9th, 2001 • Intermountain Refining Co Inc • Crude petroleum & natural gas • California
This NOVATION AGREEMENT ("the Agreement") is made and entered into on June 26, 1998 by and between Unico, Inc., a New Mexico corporation ("Unico") and Intermountain Refining Co., Inc. ("IRC"), a New Mexico corporation, on the one hand, and Starlicon Group, Inc. ("SGI"), a Nevada corporation and Starlicon International ("SI"), a California corporation, on the other hand. SGI and SI will be collectively referred to herein as "Starlicon".
