0001144204-06-026863 Sample Contracts

LOAN AGREEMENT
Loan Agreement • June 30th, 2006 • Rancher Energy Corp. • Gold and silver ores • Nevada

ENEREX CAPITAL, CORP., a company incorporated under the laws of the Province of British Columbia, having an office at Suite 2410, 650 West Georgia Street, Vancouver, British Columbia, V6B 4N7

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EXPLORATION AND DEVELOPMENT AGREEMENT
Exploration and Development Agreement • June 30th, 2006 • Rancher Energy Corp. • Gold and silver ores
ASSIGNMENT AGREEMENT
Assignment Agreement • June 30th, 2006 • Rancher Energy Corp. • Gold and silver ores • Montana

This ASSIGNMENT AGREEMENT (the “Assignment Agreement”) is made and entered into on this 6 day of June, 2006, between PIN PARTNERS PETROLEUM LTD, a company organized and existing under the laws of British Columbia (the “the Assignor”), and RANCHER ENERGY CORP., a company organized and existing under the laws of Nevada, USA.

EMPLOYMENT AGREEMENT
Employment Agreement • June 30th, 2006 • Rancher Energy Corp. • Gold and silver ores • Washington

RANCHER ENERGY CORP., a company incorporated under the laws of the State of Nevada, having an office address of 1811 East 17th Avenue, Spokane, Washington, USA, 99203

ASSIGNMENT AGREEMENT
Assignment Agreement • June 30th, 2006 • Rancher Energy Corp. • Gold and silver ores • Wyoming

This ASSIGNMENT AGREEMENT (the “Assignment Agreement”) is made and entered into on this 21st day of June, 2006, between PIN PETROLEUM PARTNERS LTD, a company organized and existing under the laws of British Columbia (the “Assignor”), and RANCHER ENERGY CORP., a company organized and existing under the laws of Nevada, USA.

Burke Ranch Unit Purchase and Participation Agreement Between: HOT SPRINGS RESOURCES LTD. (”Seller” or “HSR") and PIN PARTNERS PETROLEUM LTD. (”Buyer" or "PIN") Made as of the 6th day of February, 2006
Burke Ranch Unit Purchase And • June 30th, 2006 • Rancher Energy Corp. • Gold and silver ores

The expressions "Article", "section", "subsection", "clause", "subclause", "paragraph" and "Schedule" followed by a number or letter or combination thereof mean and refer to the specified article, section, subsection, clause, subclause, paragraph and schedule of or to this Agreement.

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