0001435936-13-000004 Sample Contracts

December 1, 2012 Xun Energy, Inc. 12518 NE Airport Way, Suite 148 No. 156, Portland, Oregon, 97230 Attention: Jerry G. Mikolajczyk, President and CEO Dear Jerry, Re: Oil And Gas Well Location Agreement Dated August 31, 2012
Xun Energy, Inc. • March 18th, 2013 • Services-business services, nec

We are pleased to receive confirmation of the financial commitment which will provide approximately $700,000 to drill, commission and commence production with the first 4 oil and gas wells in Venango County, Pennsylvania as outlined in the Oil and Gas Well Location Assignment dated August 31, 2012 between Xun Energy, Inc. and Vencedor Energy Partners, subject to completion and execution of the necessary documentation with Xun Energy, Inc., and certain of its affiliates and certain shareholders, and the investment company.

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March 18, 2013 Xun Energy, Inc. 12518 NE Airport Way, Suite 148 No. 156, Portland, Oregon, 97230 Attention: Jerry G. Mikolajczyk, President and CEO Dear Jerry, Re: Oil And Gas Well Location Agreement Dated August 31, 2012, Amendment #3
Xun Energy, Inc. • March 18th, 2013 • Services-business services, nec

As discussed, the permits have been issued by the Pennsylvania Department of Environment Protection (PA-DEP) for five (5) wells on the Rice lease.

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