0001185185-07-000523 Sample Contracts

EQUITY PURCHASE AGREEMENT among TIDELANDS OIL & GAS CORPORATION, FRONTERA PIPELINE, LLC, and GRAND CHENIERE PIPELINE LLC and TERRANOVA ENERGIA, S. DE R.L. DE C.V. (as joinder party) Dated as of September 28, 2007
Equity Purchase Agreement • October 4th, 2007 • Tidelands Oil & Gas Corp/Wa • Oil & gas field exploration services • Texas

This Equity Purchase Agreement, dated as of September 28, 2007 (hereinafter this “Agreement”), is made by and among Tidelands Oil & Gas Corporation, a Nevada corporation (“TOG”), Frontera Pipeline, LLC, a Delaware limited liability company (the “Company”) and Grand Cheniere Pipeline LLC, a Delaware limited liability company (“Cheniere”), and the joinder of Terranova Energia. S. de R.L. de C.V., a Mexican sociedad de responsabilidad limitada for purposes of Sections 2.8(k) and 6.5 (“Terranova”). TOG, the Company, Cheniere, and Terranova are sometimes referred to herein as a “Party” and collectively as the “Parties”.

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INDEPENDENT CONSULTING AGREEMENT
Independent Consulting Agreement • October 4th, 2007 • Tidelands Oil & Gas Corp/Wa • Oil & gas field exploration services

This Independent Consulting Agreement (this “Agreement”) is effective the 28th day of September, 2007 (“Effective Date”), between Tidelands Oil & Gas Corporation, a corporation formed under the laws of the State of Nevada (“Consultant”), and Frontera Pipeline, LLC., a limited liability company formed under the laws of the State of Delaware (the “Company”).

LIMITED LIABILITY COMPANY AGREEMENT OF FRONTERA PIPELINE, LLC A Delaware Limited Liability Company Dated as of September 28, 2007
Limited Liability Company Agreement • October 4th, 2007 • Tidelands Oil & Gas Corp/Wa • Oil & gas field exploration services • Texas

This LIMITED LIABILITY COMPANY AGREEMENT OF FRONTERA PIPELINE, LLC (this “Agreement”), dated as of September 28, 2007 (the “Effective Date”), is entered into by Grand Cheniere Pipeline LLC, a Delaware limited liability company (“Cheniere”), and Tidelands Oil & Gas Corporation, a Nevada corporation, (“TOG”). Each of Cheniere, TOG and any Person hereafter admitted to the Company are sometimes individually referred to herein as a “Party” and collectively referred to as the “Parties”.

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