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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) February 13, 2009

MAVERICK MINERALS CORPORATION


(Exact name of registrant as specified in its charter)

Nevada
(State or other jurisdiction of incorporation)

000-25515
(Commission File Number)

88-0410480
(IRS Employer Identification No.)

2501 Lansdowne Avenue, Saskatoon, Saskatchewan S7J 1H3


(Address of principal executive offices and Zip Code)

306.343.5799
Registrant's telephone number, including area code

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
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Item 1.01 Entry into a Material Definitive Agreement

Credit Facility Agreement

On February 13, 2009, Maverick Minerals Corporation (“we”, “us”, “our”, the “Company” or “Maverick”) entered into a loan agreement with
Senergy Partners LLC (“Senergy”), a private Nevada limited liability corporation, pursuant to which Maverick received a revolving loan of up
to US$1,000,000 (the “Credit Facility”). The outstanding principal amount of the Credit Facility together with all accrued and unpaid interest
and all other amounts outstanding thereunder are due and payable in full on December 31, 2012, the maturity date. Outstanding principal under
the Credit Facility bears interest at an annual rate of 8%. As a condition of the Credit Facility, Maverick agreed to use funds received under the
Credit Facility solely for the purpose of funding ongoing general and administrative expenses, consulting and due diligence expenses, or
professional fees and joint venture programs.

Debt Settlement Agreement

In consideration of Senergy entering into the Credit Facility, Maverick agreed to enter into a debt settlement and subscription agreement (the
“Debt Settlement Agreement”) with Senergy dated as of February 13, 2009. Pursuant to the terms of the Debt Settlement Agreement, Maverick
agreed to issue to Senergy 89,500,000 shares of its common stock at a deemed price of US$0.005 per share in settlement of a US$447,500 debt
owed to Senergy. The shares were issued to Senergy pursuant to Rule 506 of Regulation D on the basis that Senergy represented that they are
an “accredited investor” as such term is defined in Rule 501 of Regulation D. Senergy delivered appropriate investment representations
satisfactory to Maverick with respect to this transaction and consented to the imposition of restrictive legends upon the certificates
evidencing such shares.

In connection with our entry into the Credit Facility and Debt Settlement Agreement with Senergy, Maverick entered into an Assignment and
Assumption Agreement (the “Assignment Agreement”) with Senergy and Art Brokerage, Inc. (“ABI”) pursuant to which ABI assigned to
Senergy all its right, title and interest to a debt (the “Assigned Debt”) of US$447,500 owed by Maverick to ABI. Maverick executed the
Assignment Agreement solely to consent to and acknowledge the assignment of the Assigned Debt as contemplated by the agreement.

As a result of the above transactions a change in control of the Company has occurred. Senergy has acquired 89,500,000 shares or 92.3% of
Maverick’s issued and outstanding common stock. There are no arrangements or understandings among Maverick and Senergy and/or its
affiliates with respect to election of directors or other matters. See Item 5.01 Changes in Control of Registrant, below.

The above description of the Assignment Agreement, Credit Facility and Debt Settlement Agreement is qualified in its entirety by reference
to the full text of the Assignment Agreement, Credit Facility and Debt Settlement Agreement which are attached as Exhibit 10.1, 10.2 and
10.3, respectively, to this Current Report on Form 8-K and are incorporated by reference herein.

Item 3.02 Unregistered Sales of Equity Securities.

The information disclosed above under Item 1.01 is responsive to this Item and is hereby incorporated by reference.

Item 5.01 Changes in Control of Registrant.

The information disclosed above under Item 1.01 is responsive to this Item and is hereby incorporated by reference.
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Form 10 Information

Item 1. Business.

Corporate History

From November 2001 until February 2003, we held a 100% interest in the Silver, Lead, Zinc, Keno Hill mining camp in Yukon, Canada through
our then subsidiary, Gretna Capital Corporation. Despite a tenure marked by historic maintenance cost reductions and extensive research into
a new hydrometallurgical approach to production and environmental remediation at the mine site, the project endured through a period of low
commodity prices. On January 1, 2003 we defaulted on a payment of Cdn$1,050,000 required under an agreement of purchase and sale for the
acquisition of an interest in the project. Due to the default, the Company was divested of its claims by its creditors by way of court action
which culminated on February 14, 2003.

On April 21, 2003 we closed a transaction, as set out in the Purchase Agreement with UCO Energy Corporation (“UCO”) to purchase the
outstanding equity of UCO. To facilitate the transaction, we issued 37,580,400 common shares in exchange for all the issued and outstanding
common shares of UCO. As a result of the transaction, the former shareholders of UCO held approximately 90% of the issued and outstanding
common shares of Maverick. A net distribution of $944,889 was recoded in connection with the common stock of Maverick for the acquisition
of UCO in respect of the Company’s net liabilities at the acquisition date. UCO was in the business of pursuing opportunities in the coal
mining industry. From July 7, 2003 until March 5, 2004, we were engaged in the waste coal recovery business by way of a lease agreement at
the Old Ben Mine near Sesser, Illinois. We extracted coal fines from holding ponds with a leased dredge and subsequently dried them in a
fines plant and sold the dried product to an electrical utility. The operation was conducted in our wholly owned subsidiary UCO.

Effective March 5, 2004, we were in default of our lease agreement that granted access to the waste coal. Default was a function of equipment
malfunction and equipment lease default. Extensive efforts to refinance our coal recovery activities were undertaken post default in an effort to
return to production. These efforts proved unsuccessful. In April, 2004 Maverick instituted new management at the annual meeting of its
wholly-owned subsidiary, UCO Energy Corp. Subsequent to these events, our subsidiary reached a settlement agreement with the lessor of
the coal lands and the lessor of our dredging equipment. The settlement provided for a mutual release between our subsidiary and each lessor
independently.

Maverick incorporated a wholly-owned subsidiary, Eskota Energy Corporation, Inc. (“Eskota”) a Texas company, in August, 2005. Eskota
entered into an Assignment Agreement with Veneto Exploration LLC of Plano, Texas (“Veneto”) on August 18, 2005 pursuant to which we
acquired certain petroleum and natural gas rights and leases, known as the S. Neill Unitized lease (the “Eskota Leases”) comprising a 75%+/-
NRI and 100% working interest in approximately 6,000 acres in central Texas approximately 9 miles east of the town of Sweetwater, in exchange
for a $1,400,000 note payable. An additional $375,000 cash was paid by the Company for the acquisition of the Eskota Leases on closing.

Eskota was to receive all revenue rightfully owed under the above noted leases. Eskota agreed to contribute not less than $400,000 towards
capital improvements on the said lease and equipment during the first twelve months after closing. The parties agreed to negotiate a
reasonable covenant to ensure these expenditures were made. A note payable was signed on August 31, 2005 between Eskota and Veneto
whereby Eskota promised to pay Veneto $700,000 before August 31, 2006, and $700,000 by May 31, 2007. In light of the above deadlines and
the fact that the purchase price was predicated partially on down hole success from the initial re-works, management determined that it was not
prudent to proceed with further investment on the property and that settlement discussions should begin with the Veneto for a mutual release
and return of the property and retirement of the promissory note of $1,400,000 issued by the Company. The effect of the initial failure to
increase production from the first two attempts to restore the existing wells was reflected in an asset impairment charge taken by the Company
of $419,959 on its fiscal year end financial statement dated December 31, 2005.

In June 2005, the Company cancelled 54,379,318 common shares, under an agreement with certain stockholders, which included the former
stockholders of UCO, and two other stockholders including the CEO of the Company. The former stockholders of UCO surrendered the
majority of the shares which was approximately 95% of the total
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common shares that they held at the time. As a result of the share cancellation, one single common stockholder emerged as the majority
stockholder with approximately 76% of the total issued and outstanding common shares.

In December 2005, Veneto gave notice to Eskota and Eskota’s customers, to direct any cash payments relating to the Eskota Leases to Veneto
directly as a result of non-payment of various payables by Eskota in relation to the Eskota Leases. As a result of this action, all revenues
generated from the Eskota Leases were recognized by Veneto, and any expenses and obligations arising from the Eskota Leases after the
notice was given, were assumed by Veneto. As a result, Eskota did not recognize revenue or operating expenses from the Eskota Leases
during the year ended December 31, 2006.

Our Current Business

We are an exploration stage company. We plan to continue to evaluate joint venture opportunities and oil and gas development and
production prospects in West Texas, North West Texas and Saskatchewan. Our development work in Texas had been focused exclusively on
optimizing existing non-producing wells on our previously owned 6,000 acre oil and gas lease in Nolan and Fisher counties outside of
Sweetwater, Texas.

While we no longer own this lease we have through our efforts found a significant store of original core and drilling information unavailable
for review since the 1970’s at the time of the original drilling. These records, including logs and zone maps, are now in our possession.

We are in discussion with an experienced local geologist with the intention of re-modeling and analyzing the lease with the benefit of this new
data. We believe a reasonable joint venture opportunity exists on this lease with the provision of advanced analysis using our proprietary
data. While previous workings by our company were exclusively on pre-existing wells, new modeling may identify one or several drill sites
identified as “proven, non-developed” by an independent geologist working for our company in 2005. That work resulted in an SX-10 reserve
report we previously disclosed. New modeling may also enhance recovery prospects “up pipe” in previously discovered but non-produced
zones which could benefit from modern completion techniques.

We expect to continue our evaluation of joint venture production and development opportunities in North West Texas. Our company has
engaged an independent geologist in Wichita Falls, Texas and has evaluated two prospects to date. One in Throckmorton County and one in
Wilbarger County. Our company has acquired a good working knowledge of land value and recovery techniques over the past three years
working in Texas and has developed working relationships we believe will be valuable in identifying appropriate ventures for our company
going forward.

Increased expansion of the oil and gas sector in Saskatchewan, Canada may lead to joint venture opportunities in this region. The management
of our company has been based in Saskatchewan in the recent past and has existing relationships with individuals and companies financing
and producing oil in this jurisdiction. We contemplate evaluating joint venture opportunities in Saskatchewan in the next 12 months. As an
exploration stage company, we are not able to fund our cash requirements through our current operations. Historically, we have been able to
raise a limited amount of capital through private placements of our equity stock, but we are uncertain about our continued ability to raise funds
privately. Further, we believe that our company may have difficulties raising capital until we locate a prospective property through which we
can pursue our plan of operation. If we are unable to secure adequate capital to continue our acquisition efforts, our shareholders may lose
some or all of their investment and our business may fail.

Competition

We are an exploration stage company engaged in the acquisition of a prospective mineral or oil and gas property. As we currently do not own
an interest in a mineral or oil and gas property, we compete with other companies for both the acquisition of prospective properties and the
financing necessary to develop such properties.

We conduct our business in an environment that is highly competitive and unpredictable. In seeking out prospective properties, we have
encountered intense competition in all aspects of our proposed business as we compete directly
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with other development stage companies as well as established international companies. Many of our competitors are national or international
companies with far greater resources, capital and access to information than us. Accordingly, these competitors may be able to spend greater
amounts on the acquisition of prospective properties and on the exploration and development of such properties. In addition, they may be
able to afford greater geological expertise in the exploration and exploitation of mineral and oil and gas properties. This competition could
result in our competitors having resource properties of greater quality and attracting prospective investors to finance the development of such
properties on more favorable terms. As a result of this competition, we may become involved in an acquisition with more risk or obtain
financing on less favorable terms.

Compliance with Government Regulation

We will not know the government regulations and the cost of compliance with such regulations with which we must comply until such time as
we acquire an interest in a particular mineral or oil and gas property. If we are successful in acquiring a property interest, we will be required to
comply with the regulations of governmental authorities and agencies applicable to the federal, state or provincial and local jurisdictions where
the property is located. Exploitation and development of mineral and oil and gas properties may require prior approval from applicable
governmental regulatory agencies. There can be no assurance that such approvals will be obtained.

If our activities should advance to the point where we engage in mining or oil and gas operations, we could become subject to environmental
regulations promulgated by federal, state or provincial, and local government agencies as applicable. Environmental legislation provides for
restrictions and prohibitions on spills, releases or emissions of various substances produced in association with the mining and oil and gas
industries which could result in environmental liability. A breach or violation of such legislation may result in the imposition of fines and
penalties. In addition, certain types of operations require the submission and approval of environmental impact assessments. Environmental
assessments are increasingly imposing higher standards, greater enforcement, fines and penalties for non-compliance. Environmental
assessments of proposed projects carry a heightened degree of responsibility for companies, directors, officers and employees. The cost of
compliance in respect of environmental regulation has the potential to reduce the profitability of any future revenues that our company may
generate.

Employees

We have no employees other than Robert Kinloch, our president, chief executive officer, chief financial officer and our sole director and
Donald Kinloch, our secretary and treasurer. We anticipate that we will be conducting most of our business through agreements with
consultants and third parties. We do not have an employment agreement with any of our officers or our sole director.

Item 1A. Risk Factors.

Risks And Uncertainties

Information contained in this current report on Form 8-K includes or is based upon estimates, projections or other “forward looking
statements”. Such forward looking statements include any projections and estimates made by us and our management in connection with our
business operations. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and
reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any
estimates, predictions, projections, assumptions or other future performance suggested herein.

Such estimates, projections or other “forward looking statements” involve various risks and uncertainties as outlined below. We caution the
reader that important factors in some cases have affected and, in the future, could materially affect actual results and cause actual results to
differ materially from the results expressed in any such estimates, projections or other “forward looking statements”.
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We have had negative cash flows from operations and if we are not able to obtain further financing, our business operations may fail.

We had cash on hand of $2,574 and negative working capital of $1,389,122 as of March 31, 2008. We do not have sufficient funds to continue
to evaluate joint venture opportunities and oil and gas development and production prospects in West Texas, North West Texas and
Saskatchewan, nor do we have the funds to independently finance our daily operating costs. We do not expect to generate any revenues for
the foreseeable future. Accordingly, we will require additional funds, either from equity or debt financing, to maintain our daily operations and
to continue to evaluate joint venture opportunities and oil and gas development and production prospects in West Texas and North West
Texas and Saskatchewan. Obtaining additional financing is subject to a number of factors, including market prices for minerals and oil and gas,
investor acceptance of any property we may acquire in the future, and investor sentiment. Financing, therefore, may not be available on
acceptable terms, if at all. The most likely source of future funds presently available to us is through the sale of equity capital. Any sale of
share capital, however, will result in dilution to existing shareholders. If we are unable to raise additional funds when required, we may be
forced to delay our plan of operation and our entire business may fail.

We currently do not generate revenues, and as a result, we face a high risk of business failure.

We do not hold an interest in any business or revenue generating property. From the date of our incorporation, we have primarily focused on
the location and acquisition of mineral and oil and gas properties. We have not generated any revenues to date. In order to generate revenues,
we will incur substantial expenses in the evaluation of joint venture opportunities and oil and gas development and production prospects in
West Texas and North West Texas and Saskatchewan. We therefore expect to incur significant losses into the foreseeable future. We
recognize that if we are unable to generate significant revenues from our activities, our entire business may fail. There is no history upon
which to base any assumption as to the likelihood that we will be successful in our plan of operation, and we can provide no assurance to
investors that we will generate any operating revenues or achieve profitable operations.

Our independent auditors have expressed substantial doubt about our ability to continue as a going concern, which may hinder our ability
to obtain future financing.

We incurred net losses of $40,437 and $34,554 for the three month periods ended March 31, 2008 and 2007, respectively. At March 31, 2008, we
had an accumulated deficit of $1,953,006 and negative working capital of $1,389,122.

These circumstances raise substantial doubt about our ability to continue as a going concern, as described in the explanatory paragraph to
our independent auditors' report on our consolidated financial statements for the year ended December 31, 2007. Although our consolidated
financial statements raise substantial doubt about our ability to continue as a going concern, they do not reflect any adjustments that might
result if we are unable to continue our business

Due to the speculative nature of the exploration of mineral and oil and gas properties, there is substantial risk that our business will fail.

The business of mineral and oil and gas exploration and development is highly speculative involving substantial risk. There is generally no
way to recover any funds expended on a particular property unless reserves are established and unless we can exploit such reserves in an
economic manner. We can provide investors with no assurance that any property interest that we may acquire will provide commercially
exploitable reserves. Any expenditures by our company in connection with the evaluation of joint venture opportunities and oil and gas
development and production prospects in West Texas and North West Texas and Saskatchewan may not provide or contain commercial
quantities of reserves.

Even if we discover commercial reserves, we may not be able to successfully obtain commercial production.

Even if we are successful in acquiring an interest in a property that has proven commercial reserves of minerals or oil and gas, we will require
significant additional funds in order to place the property into commercial production.
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We can provide no assurance to investors that we will be able to obtain the financing necessary to extract such reserves.

The potential profitability of oil and gas ventures depends upon factors beyond the control of our company.

The potential profitability of oil and gas properties is dependent upon many factors beyond our control. For instance, world prices and
markets for oil and gas are unpredictable, highly volatile, potentially subject to governmental fixing, pegging, controls, or any combination of
these and other factors, and respond to changes in domestic, international, political, social, and economic environments. Additionally, due to
worldwide economic uncertainty, the availability and cost of funds for production and other expenses have become increasingly difficult, if
not impossible, to project. These changes and events may materially affect our financial performance.

Adverse weather conditions can also hinder drilling operations. A productive well may become uneconomic in the event water or other
deleterious substances are encountered which impair or prevent the production of oil and/or gas from the well. In addition, production from
any well may be unmarketable if it is impregnated with water or other deleterious substances. The marketability of oil and gas, which may be
acquired or discovered, will be affected by numerous factors beyond our control. These factors include the proximity and capacity of oil and
gas pipelines and processing equipment, market fluctuations of prices, taxes, royalties, land tenure, allowable production and environmental
protection. These factors cannot be accurately predicted and the combination of these factors may result in our company not receiving an
adequate return on invested capital.

The marketability of natural resources will be affected by numerous factors beyond our control, which may result in us not receiving an
adequate return on invested capital to be profitable or viable.

The marketability of natural resources, which may be acquired or discovered by us, will be affected by numerous factors beyond our control.
These factors include market fluctuations in oil and gas pricing and demand, the proximity and capacity of natural resource markets and
processing equipment, governmental regulations, land tenure, land use, regulation concerning the importing and exporting of oil and gas and
environmental protection regulations. The exact effect of these factors cannot be accurately predicted, but the combination of these factors
may result in us not receiving an adequate return on invested capital to be profitable or viable.

Oil and gas operations are subject to comprehensive regulation, which may cause substantial delays or require capital outlays in excess of
those anticipated causing an adverse effect on our company.

Oil and gas operations are subject to federal, state, and local laws relating to the protection of the environment, including laws regulating
removal of natural resources from the ground and the discharge of materials into the environment. Oil and gas operations are also subject to
federal, state, and local laws and regulations, which seek to maintain health and safety standards by regulating the design and use of drilling
methods and equipment. Various permits from government bodies are required for drilling operations to be conducted; no assurance can be
given that such permits will be received. Environmental standards imposed by federal, provincial, or local authorities may be changed and any
such changes may have material adverse effects on our activities. Moreover, compliance with such laws may cause substantial delays or
require capital outlays in excess of those anticipated, thus causing an adverse effect on us. Additionally, we may be subject to liability for
pollution or other environmental damages, which it may elect not to insure against due to prohibitive premium costs and other reasons. To
date we have not been required to spend any material amount on compliance with environmental regulations. However, we may be required to
do so in future and this may affect our ability to expand or maintain our operations.

Exploration and production activities are subject to certain environmental regulations, which may prevent or delay the commencement or
continuance of our operations.

In general, our exploration and production activities are subject to certain federal, state and local laws and regulations relating to
environmental quality and pollution control. Such laws and regulations increase the costs of these activities and may prevent or delay the
commencement or continuance of a given operation. Compliance with these laws and regulations has not had a material effect on our
operations or financial condition to date. Specifically, we are subject to legislation regarding emissions into the environment, water discharges
and storage and disposition
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of hazardous wastes. In addition, legislation has been enacted which requires well and facility sites to be abandoned and reclaimed to the
satisfaction of state authorities. However, such laws and regulations are frequently changed and we are unable to predict the ultimate cost of
compliance. Generally, environmental requirements do not appear to affect us any differently or to any greater or lesser extent than other
companies in the industry.

We believe that our operations comply, in all material respects, with all applicable environmental regulations.

Our operating partners maintain insurance coverage customary to the industry; however, we are not fully insured against all possible
environmental risks.

Exploratory drilling involves many risks and we may become liable for pollution or other liabilities, which may have an adverse effect on
our financial position.

Drilling operations generally involve a high degree of risk. Hazards such as unusual or unexpected geological formations, power outages, labor
disruptions, blow-outs, sour gas leakage, fire, inability to obtain suitable or adequate machinery, equipment or labour, and other risks are
involved. We may become subject to liability for pollution or hazards against which we cannot adequately insure or which we may elect not to
insure. Incurring any such liability may have a material adverse effect on our financial position and operations.

Any change to government regulation/administrative practices may have a negative impact on our ability to operate and our profitability.

The laws, regulations, policies or current administrative practices of any government body, organization or regulatory agency in the United
States, Canada, or any other jurisdiction, may be changed, applied or interpreted in a manner which will fundamentally alter the ability of our
company to carry on our business.

The actions, policies or regulations, or changes thereto, of any government body or regulatory agency, or other special interest groups, may
have a detrimental effect on us. Any or all of these situations may have a negative impact on our ability to operate and/or our profitability.

If we are unable to hire and retain key personnel, we may not be able to implement our plan of operation and our business may fail.

Our success will be largely dependent on our ability to hire and retain highly qualified personnel. This is particularly true in the highly
technical businesses of mineral and oil and gas exploration. These individuals may be in high demand and we may not be able to attract the
staff we need. In addition, we may not be able to afford the high salaries and fees demanded by qualified personnel, or we may fail to retain
such employees after they are hired. At present, we have not hired any key personnel. Our failure to hire key personnel when needed will have
a significant negative effect on our business.

Because our executive officers do not have formal training specific to mineral and oil and gas exploration, there is a higher risk our
business will fail.

While Robert Kinloch, our director and executive officer, has experience managing a mineral exploration company, he does not have formal
training as a geologist. Accordingly, our management may not fully appreciate many of the specific requirements related to working within the
mining and oil and gas industry. Our management decisions may not take into account standard engineering or managerial approaches
commonly used by such companies. Consequently, our operations, earnings, and ultimate financial success could be negatively affected due
to our management’s lack of experience in the industry.

Our executive officers have other business interests, and as a result, they may not be willing or able to devote a sufficient amount of time to
our business operations, thereby limiting the success of our company.

Robert Kinloch presently spends approximately 60% of his business time on business management services for our company. At present, Mr.
Kinloch spends a reasonable amount of time in pursuit of our company’s interests. Due
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to the time commitments from Mr. Kinloch’s other business interests, however, Mr. Kinloch may not be able to provide sufficient time to the
management of our business in the future and our business may be periodically interrupted or delayed as a result of Mr. Kinloch’s other
business interests.

Our common stock is illiquid and shareholders may be unable to sell their shares.

There is currently a limited market for our common stock and we can provide no assurance to investors that a market will develop. If a market
for our common stock does not develop, our shareholders may not be able to re-sell the shares of our common stock that they have purchased
and they may lose all of their investment. Public announcements regarding our company, changes in government regulations, conditions in
our market segment or changes in earnings estimates by analysts may cause the price of our common shares to fluctuate substantially. In
addition, stock prices for junior mining and oil and gas companies fluctuate widely for reasons that may be unrelated to their operating results.
These fluctuations may adversely affect the trading price of our common shares.

Penny stock rules will limit the ability of our stockholders to sell their stock.

The Securities and Exchange Commission has adopted regulations which generally define “penny stock” to be any equity security that has a
market price (as defined) less than $5.00 per share or an exercise price of less than $5.00 per share, subject to certain exceptions. Our securities
are covered by the penny stock rules, which impose additional sales practice requirements on broker-dealers who sell to persons other than
established customers and “accredited investors”. The term “accredited investor” refers generally to institutions with assets in excess of
$5,000,000 or individuals with a net worth in excess of $1,000,000 or annual income exceeding $200,000 or $300,000 jointly with their spouse.
The penny stock rules require a broker-dealer, prior to a transaction in a penny stock not otherwise exempt from the rules, to deliver a
standardized risk disclosure document in a form prepared by the Securities and Exchange Commission which provides information about
penny stocks and the nature and level of risks in the penny stock market. The broker-dealer also must provide the customer with current bid
and offer quotations for the penny stock, the compensation of the broker-dealer and its salesperson in the transaction and monthly account
statements showing the market value of each penny stock held in the customer’s account. The bid and offer quotations, and the broker-dealer
and salesperson compensation information, must be given to the customer orally or in writing prior to effecting the transaction and must be
given to the customer in writing before or with the customer’s confirmation. In addition, the penny stock rules require that prior to a
transaction in a penny stock not otherwise exempt from these rules, the broker-dealer must make a special written determination that the penny
stock is a suitable investment for the purchaser and receive the purchaser’s written agreement to the transaction. These disclosure
requirements may have the effect of reducing the level of trading activity in the secondary market for the stock that is subject to these penny
stock rules. Consequently, these penny stock rules may affect the ability of broker-dealers to trade our securities. We believe that the penny
stock rules discourage investor interest in and limit the marketability of our common stock.

The Financial Industry Regulatory Authority, or FINRA, has adopted sales practice requirements which may also limit a shareholder's
ability to buy and sell our stock.

In addition to the "penny stock" rules described above, FINRA has adopted rules that require that in recommending an investment to a
customer, a broker-dealer must have reasonable grounds for believing that the investment is suitable for that customer. Prior to recommending
speculative low priced securities to their non-institutional customers, broker-dealers must make reasonable efforts to obtain information about
the customer's financial status, tax status, investment objectives and other information. Under interpretations of these rules, FINRA believes
that there is a high probability that speculative low priced securities will not be suitable for at least some customers. FINRA requirements make
it more difficult for broker-dealers to recommend that their customers buy our common stock, which may limit your ability to buy and sell our
stock and have an adverse effect on the market for its shares.

Item 2. Financial Information

The information under the heading “Item 6. Management’s Discussion And Analysis Or Plan Of Operation” contained in the Company’s
Annual Report on Form 10-KSB for the year ended December 31, 2007 as filed with the Securities and Exchange Commission on May 28, 2008
is responsive to this item and is hereby incorporated by reference.
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Item 3. Properties.

We do not own any real property. Our principal business offices are located at 2501 Lansdowne Ave., Saskatoon, Saskatchewan, Canada S7J
1H3. These premises are provided to us without cost by our president, Robert Kinloch. Our offices consist of approximately 200 square feet.
We believe that our current lease arrangements provide adequate space for our foreseeable future needs.

Item 4. Security Ownership of Certain Beneficial Owners and Management.

The following table sets forth, as of February 20, 2009, certain information with respect to the beneficial ownership of our common stock by
each stockholder known by us to be the beneficial owner of more than 5% of our common stock and by our sole director and our executive
officers. Each person has sole voting and investment power with respect to the shares of common stock, except as otherwise indicated.
Beneficial ownership calculations for 5% stockholders are based solely on publicly filed Schedule 13Ds or 13Gs, which 5% stockholders are
required to file with the Securities and Exchange Commission.

Amount and Nature Percentage


of
Name and Address of Beneficial Owner Beneficial of Class(2)
Ownership(1)
736,228
Robert J. Kinloch *
2501 Lansdowne Ave. Direct
Saskatoon, SK
Canada S7J 1H3
250,000
Donald Kinloch *
302-95 Sidney St. Direct
Belleville, Ontario
Canada K8P 1J6
986,228 1.01%
Directors and Executive Officers as a Group
(two)
5% Stockholders

Senergy Partners LLC 89,500,000 92.3%


2245 N. Green Valley Pkwy, Ste. 429, Direct
Henderson, Nevada 89014

Notes

* Less than 1%
(1) Under Rule 13d-3, a beneficial owner of a security includes any person who, directly or indirectly, through any contract, arrangement,
understanding, relationship, or otherwise has or shares: (i) voting power, which includes the power to vote, or to direct the voting of
shares; and (ii) investment power, which includes the power to dispose or direct the disposition of shares. Certain shares may be
deemed to be beneficially owned by more than one person (if, for example, persons share the power to vote or the power to dispose of
the shares). In addition, shares are deemed to be beneficially owned by a person if the person has the right to acquire the shares (for
example, upon exercise of an option) within 60 days of the date as of which the information is provided. In computing the percentage
ownership of any person, the amount of shares outstanding is deemed to include the amount of shares beneficially owned by such
person (and only such person) by reason of these acquisition rights.
(2) The percentage of class is based on 96,907,208 shares of common stock issued and outstanding as of February 20, 2009.
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Item 5. Directors and Executive Officers.

Directors and Executive Officers

The following table sets forth the executive officers and directors of our company, which officers are elected annually by the Board of
Directors and hold office at the discretion of the Board.

Name Age Position


Robert Kinloch 53 President, Chief Executive Officer, Chief Financial Officer and Director
Donald Kinloch 50 Secretary and Treasurer

Summary Background of Executive Officers and Directors

The following is a brief account of the education and business experience of each director and executive officer during at least the past five
years, indicating each person's principal occupation during the period, and the name and principal business of the organization by which he
was employed.

Robert Kinloch

Since July 5, 2001, Mr. Robert Kinloch has been the President, Chief Executive Officer, Chief Financial Officer and sole member of the Board of
Directors of our company. In his capacity as Chief Financial Officer, Mr. Kinloch is and has been responsible for the finance function of our
company including supervising the preparation of our financial statements and as the sole member of our board of directors has served on our
audit committee. Mr. Kinloch’s duties as President and Chief Executive Officer include the business development function, investigating
qualified investment opportunities and designing and implementing the required due diligence and acquisition financing. In addition Mr.
Kinloch is responsible for our regulatory obligations as a reporting issuer. From June 2002 until May 2005 Mr. Kinloch was the President and
sole member of the board of directors of AMT Canada Inc., a private company registered under the laws of the Yukon Territory, Canada. From
March 2004 until April 2005, Mr. Kinloch was President and a member of the board of directors of UCO Energy Corporation, a private company
incorporated pursuant to the laws of the State of Nevada. Mr. Kinloch is the brother of Donald Kinloch, our Secretary and Treasurer.

Donald Kinloch

Since September 2002, Mr. Donald Kinloch has been our Secretary and Treasurer. Donald Kinloch is the brother of Robert Kinloch, our
President, Chief Executive Officer, Chief Financial Officer and sole member of our board of directors. Since January 1998, Mr. Kinloch has been
an independent consultant conducting contractual due diligence, supplying market research and developing communication strategies. From
March 2004 until April 2005, Mr. Kinloch was the Secretary and Treasurer of UCO Energy Corporation, a private company incorporated
pursuant to the laws of the State of Nevada.

Family Relationships

Other than as described below, there are no family relationships among our directors or officers.

Robert Kinloch and Donald Kinloch are brothers.

Involvement in Certain Legal Proceedings

Our directors, executive officers and control persons have not been involved in any of the following events during the past five years:
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1. any bankruptcy petition filed by or against any business of which such person was a general partner or executive officer either
at the time of the bankruptcy or within two years prior to that time;

2. any conviction in a criminal proceeding or being subject to a pending criminal proceeding (excluding traffic violations and other
minor offenses);

3. being subject to any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent
jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting his involvement in any type of
business, securities or banking activities; or

4. being found by a court of competent jurisdiction (in a civil action), the Securities and Exchange Commission or the Commodity
Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been
reversed, suspended, or vacated.

Term of Office

The directors serve until their successors are elected by the shareholders. Vacancies on the Board of Directors may be filled by appointment of
the majority of the continuing directors. The executive officers serve at the discretion of the Board of Directors.

Item 6. Executive Compensation.

The information under the heading “Item 10. Executive Compensation” contained in the Company’s Annual Report on Form 10-KSB for the
year ended December 31, 2007 as filed with the Securities and Exchange Commission on May 28, 2008 is responsive to this item and is hereby
incorporated by reference.

Item 7. Certain Relationships and Related Transactions, and Director Independence.

Except as set out below, no director, executive officer, principal shareholder holding at least 5% of our common shares, or any family member
thereof, had any material interest, direct or indirect, in any transaction, or proposed transaction, since the beginning of our company’s fiscal
year ended December 31, 2007, in which the amount involved in the transaction exceeded or exceeds the lesser of $120,000 or one percent of
the average of our total assets at the year end for the last three completed fiscal years.

On February 13, 2009, Maverick entered into a loan agreement with Senergy Partners LLC (“Senergy”), a private Nevada limited liability
corporation, pursuant to which Maverick received a revolving loan of up to US$1,000,000 (the “Credit Facility”). The outstanding principal
amount of the Credit Facility together with all accrued and unpaid interest and all other amounts outstanding thereunder are due and payable
in full on December 31, 2012, the maturity date. Outstanding principal under the Credit Facility bears interest at an annual rate of 8%. As a
condition of the Credit Facility, Maverick agreed to use funds received under the Credit Facility solely for the purpose of funding ongoing
general and administrative expenses, consulting and due diligence expenses, professional fees and joint venture programs.

In consideration of Senergy entering into the Credit Facility, Maverick agreed to enter into a debt settlement and subscription agreement (the
“Debt Settlement Agreement”) with Senergy dated as of February 13, 2009. Pursuant to the terms of the Debt Settlement Agreement, Maverick
agreed to issue to 89,500,000 shares of its common stock at a deemed price of US$0.005 per share in settlement of a US$447,500 debt owed to
Senergy. In connection with our entry into the Credit Facility and Debt Settlement Agreement with Senergy, Maverick entered into an
Assignment and Assumption Agreement (the “Assignment Agreement”) with Senergy and Art Brokerage, Inc. (“ABI”) pursuant to which
ABI assigned to Senergy all its right, title and interest to a debt (the “Assigned Debt”) of US$447,500 owed by Maverick to ABI. Maverick
executed the Assignment Agreement solely to consent to and acknowledge the assignment of the Assigned Debt as contemplated by the
agreement. As a result of the above transactions a change in control of the Company has occurred. Senergy has acquired 89,500,000 shares or
92.3% of Maverick’s
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issued and outstanding common stock. There are no arrangements or understandings among Maverick and Senergy and/or its affiliates with
respect to election of directors or other matters.

On May 5, 2005, we entered into a management agreement with our chief executive officer, Robert Kinloch. The agreement was for a term of
two years with an annual fee of $90,000 and will expire, unless amended, on May 31, 2007. Effective May 5, 2005, we entered into a management
agreement with Robert Kinloch wherein Mr. Kinloch would continue to perform the duties of the President, Chief Executive Officer and Chief
Financial Officer. The term of the management agreement expired in May 2007. The Company has not renewed the management agreement with
Mr. Kinloch, however, Mr. Kinloch pursuant to a verbal agreement with the Company, continues to receive a consulting fee of $7,500 per
month for all management consulting services provided by him to the Company.

Corporate Governance

We do not have a standing audit committee at the present time. Our board of directors has determined that we do not have a board member
that qualifies as an "audit committee financial expert" as defined in Item 401(e) of Regulation S-B. We have determined that Mr. Robert Kinloch
is not an independent director as defined in Nasdaq Marketplace Rule 4200(a)(15).

We believe that our members of our board of directors are capable of analyzing and evaluating our financial statements and understanding
internal controls and procedures for financial reporting. The board of directors of our company does not believe that it is necessary to have an
audit committee because we believe that the functions of an audit committee can be adequately performed by the board of directors. In
addition, we believe that retaining an independent director who would qualify as an “audit committee financial expert” would be overly costly
and burdensome and is not warranted in our circumstances given the early stages of our development and the fact that we have not generated
any revenues from operations to date.

Transactions with Independent Directors

Not Applicable.

Item 8. Legal Proceedings.

Other than as described below, we know of no material, active, or pending legal proceeding against our company, nor are we involved as a
plaintiff in any material proceeding or pending litigation where such claim or action involves damages for more than 10% of our current assets.
There are no proceedings in which any of our company’s directors, officers, or affiliates, or any registered or beneficial shareholders, is an
adverse party or has a material interest adverse to our company’s interest.

On December 14, 2005 our wholly-owned subsidiary, Eskota Energy Corporation, received a demand letter for $1,400,000 from Veneto
Exploration LLC, the holder of a promissory note, alleging a specific default under the terms of the promissory note which did not relate to
repayment. The alleged breach was disputed and the matter remained unresolved past our fiscal year ended December 31, 2005. On January 31,
2006, Veneto Exploration LLC filed a notice of foreclosure on the property underlying the promissory note's security. We entered into an
amended agreement with Veneto Exploration LLC, wherein Veneto Exploration LLC agreed to take no further action before August 31, 2006. In
July, 2006, we reached an agreement with Veneto Exploration LLC, whereby we agreed to assign the S. Neill and Knox leases to Veneto
Exploration LLC in exchange for S. Neill and Knox releasing our company from the promissory note.

Item 9. Market Price of and Dividends on the Registrant’s Common Equity and Related Stockholder Matters.

The information under the heading “Item 5. Market For Registrants Common Equity And Related Stockholders Matters And Small Business
Issuer Purchases Of Equity Securities” contained in the Company’s Annual Report on
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Form 10-KSB for the year ended December 31, 2007 as filed with the Securities and Exchange Commission on May 28, 2008 is responsive to
this item and is hereby incorporated by reference.

Item 10. Recent Sales of Unregistered Securities.

In consideration of Senergy entering into the Credit Facility, Maverick agreed to enter into a debt settlement and subscription agreement with
Senergy dated as of February 13, 2009. Pursuant to the terms of the Debt Settlement Agreement, Maverick agreed to issue to 89,500,000 shares
of its common stock at a deemed price of US$0.005 per share in settlement of a US$447,500 debt owed to Senergy. The shares were issued to
Senergy pursuant to Rule 506 of Regulation D on the basis that Senergy represented that they are an “accredited investor” as such term is
defined in Rule 501 of Regulation D. Senergy delivered appropriate investment representations satisfactory to Maverick with respect to this
transaction and consented to the imposition of restrictive legends upon the certificates evidencing such shares.

Item 11. Description of Registrant’s Securities to be Registered.

Not applicable.

Item 12. Indemnification of Directors and Officers.

Our articles of incorporation provide that we shall indemnify to the fullest extent permitted by law any person made or threatened to be made a
party to any threatened, pending or completed action or proceeding, whether civil, criminal, administrative or investigative (whether or not by
or in the right of our company) by reason of the fact that he or she is or was a director of our company or is or was serving as a director,
officer, employee or agent of another entity at the request of our company or any predecessor of our company against judgments, fines,
penalties, excise taxes, amounts paid in settlement and costs, charges and expenses (including attorneys’ fees and disbursements) that he or
she incur in connection with such action or proceeding.

Our bylaws also provide that we shall indemnify and hold harmless to the fullest extent legally permissible under the general corporation law of
the state of Nevada every person who was or is a party or is threatened to be made a part to or is involved in any action, suit or proceeding,
whether civil, criminal, administrative or investigative, by reason of the fact that he or a person of whom he is the legal representative is or was
a director or officer of our company or is or was serving at the request of our company or for our benefit as a director or officer of another
corporation, or as its representative in a partnership, joint venture, trust or other enterprise, against all expenses, liability and loss (including
attorneys’ fees, judgments, fines and amounts paid or to be paid in settlement) reasonably incurred or suffered by him in connection therewith.

Item 13. Financial Statements and Supplementary Data.

The information under the heading “Item 7. Financial Statements” contained in the Company’s Annual Report on Form 10-KSB for the year
ended December 31, 2007 as filed with the Securities and Exchange Commission on May 28, 2008 is responsive to this item and is hereby
incorporated by reference.

Item 14. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.

None.

Item 15. Financial Statements and Exhibits.

None.
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Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

10.1 Assignment and Assumption Agreement dated as of February 10, 2009 among Art Brokerage, Inc., Senergy Partners LLC and Maverick
Minerals Corp.

10.2 Loan Agreement dated as of February 13, 2009 between Maverick Minerals Corp. and Senergy Partners LLC.

10.3 Debt Settlement and Subscription Agreement dated as of February 13, 2009 between Maverick Minerals Corp. and Senergy Partners
LLC.
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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.

MAVERICK MINERALS CORPORATION

By: /s/ Robert Kinloch


Robert Kinloch
President, Chief Executive Officer,
Chief Financial Officer and director

Dated: February 20, 2009

ASSIGNMENT AND ASSUMPTION AGREEMENT

This Assignment and Assumption Agreement (the “Agreement”) is made as of February 10th 2009, among SENERGY PARTNERS LLC, a
Nevada limited liability corporation having an address for business at 2245 N. Green Valley Parkway, Ste 429, Henderson, Nevada 89014
(“Senergy”), ART BROKERAGE, INC., a Nevada company with an address for business at 368 Bradford Drive, Henderson, Nevada (“ABI”)
and Maverick Minerals Corporation, a Nevada Corporation with an address for business at 2501 Lansdowne Avenue, Saskatoon,
Saskatchewan, S7J 1H3 (the “Company”).

WHEREAS:

A. The Company is indebted to ABI in the amount of $447,500 (the “Debt”);

B. ABI wishes to assign, and Senergy wishes to assume, all of ABI’s right, title, interest and obligation in the Debt (the “Assigned Debt”)
based on the terms and conditions set out herein; and

C. The Company seeks to execute this Agreement solely to consent to and acknowledge the assignment of the Assigned Debt as
contemplated by this Agreement.

NOW THEREFORE THIS ASSIGNMENT AND AGREEMENT WITNESSES THAT in consideration of the mutual covenants and agreements
set out herein and other good and valuable consideration, the receipt and sufficiency of which is acknowledged, the parties acknowledge and
agree as follows:

1. Assignment. ABI hereby assigns, and Senergy hereby assumes, any and all right, title, interest and obligation of the Assigned Debt and
Senergy further agrees to be bound by the terms and conditions of the Assigned Debt as if it were an original signatory thereto (the
“Assignment”).

2. Effect of Assignment. Except as amended by this Agreement, the parties hereto acknowledge that the Assigned Debt remains in full force
and effect.

3. Consent. The Company hereby consents to and acknowledges the Assignment. The Company agrees to pay Senergy when any payment is
made with respect to the Assigned Debt.

4. Representations of ABI. ABI hereby represents and covenants that:

(a) to the best knowledge of ABI, there is no claim, charge, arbitration, grievance, action, suit, investigation or proceeding by or
before any court, arbiter, administrative agency or other governmental authority now pending or threatened against the
Assigned Debt or against ABI as holder of the Assigned Debt that, if adversely resolved or determined, would have a material
adverse effect on the value of the Assigned Debt; and

(b) neither the execution, delivery and performance of this Agreement, nor the consummation of the Assignment will conflict with,
result in a violation of, cause a default under (with or without notice, lapse of time or both) or give rise to a right of termination,
amendment, cancellation or acceleration of any material obligation contained in or the loss of any material benefit under, or result
in the creation of any material lien, claim, security interest, charge or encumbrance upon the Assigned Debt.

5. Entire Agreement. This Agreement constitutes the whole agreement between the parties in respect of the Assignment contemplated hereby
and there are no warranties, representations, terms, conditions, or collateral agreements expressed or implied, statutory or otherwise, other
then expressly set forth in this Agreement.

6. All Further Acts. Each of the parties hereto will do any and all such acts and will execute any and all such documents as may reasonably be
necessary from time to time to give full force and effect to the provisions and intent of this Agreement.
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7. Jurisdiction. This Agreement will be governed by, and construed in accordance with, the laws of the State of Nevada without regards to the
choice of law principles thereof. Each of the parties hereto irrevocably submits to the exclusive jurisdiction of the Courts of the State of
Nevada for the purpose of any suit, action, proceeding or judgment relating to or arising out of this Agreement and the transactions
contemplated hereby.
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-2-

8. Headings. The headings contained in this Agreement are for convenience purposes only and will not affect in any way the meaning or
interpretation of this Agreement.

9. Currency. All funds included in this Agreement are stated in United States dollars.

10. Successors and Assigns. This Agreement will enure to the benefit of, and be binding upon, ABI and Senergy and their respective
successors and assigns.

11. Notice. Unless otherwise provided, any notice required or permitted under this Agreement shall be given in writing and shall be deemed
effectively given as hereinafter described: (i) if given by personal delivery, then such notice shall be deemed given upon such delivery, (ii) if
given by facsimile, then such notice shall be deemed given upon receipt of confirmation of complete transmittal, (iii) if given by mail, then such
notice shall be deemed given upon the earlier of (A) receipt of such notice by the recipient or (B) three days after such notice is deposited in
first class mail, postage prepaid, and (iv) if given by an internationally recognized overnight air courier, then such notice shall be deemed given
one Business Day after delivery to such carrier. All notices shall be addressed to the party to be notified at the address as set out on page 1 of
this Agreement, or at such other address as such party may designate by ten days’ advance written notice to the other party.

12. Meaning of “Business Day”. For the purposes of this Agreement, the term “Business Day” means any day other than a Saturday, Sunday,
public holiday under the laws of the State of Nevada or other day on which banking institutions are authorized or obligated to close in the
State of Nevada.

13. Amendment. This Agreement may not be amended except by an instrument in writing signed by each of the parties.

14. Counterparts and Electronic Means. This Agreement may be executed in several counterparts, each of which will be deemed to be an
original and all of which will together constitute one and the same instrument. Delivery of an executed copy of this Agreement by electronic
facsimile transmission or other means of electronic communication capable of producing a printed copy will be deemed to be execution and
delivery of this Agreement as of the day and year first written above.

IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

SIGNED, SEALED and DELIVERED by )


ART BROKERAGE, INC. in the presence of: )
/s/ Helen Margulis )
Signature )
) ART BROKERAGE, INC.
Print Name )
Art Brokerage Inc. )
Address ) Per:

368 Bradford Drive, Henderson, Nevada ) Authorized Signatory


)
Chief Financial Officer )
Occupation )
)

MAVERICK MINERALS CORPORATION SENERGY PARTNERS LLC

By: By:
Authorized Signatory Authorized Signatory

THIS LOAN AGREEMENT (the “Loan Agreement”) is dated as of the 13th day of February, 2009

AMONG:

MAVERICK MINERALS CORPORATION, a Nevada corporation with an address for business at 2501 Lansdowne Ave,
Saskatoon, Saskatchewan, Canada, S7J 1H3

(the “Borrower”)

AND:
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SENERGY PARTNERS LLC, a limited liability company with an address for business at 2245 N. Green Valley Pkwy, Ste. 429,
Henderson, Nevada 89014

(the “Lender”)

WHEREAS:

A. The Lender has agreed to establish in favour of the Borrower a revolving loan for in the aggregate amount of up to $1,000,000 (the “Loan”),
subject to, among other things, the execution and delivery of this Loan Agreement; and

B. The Lender and Borrower are entering into this Loan Agreement to provide for the terms of the Loan established in favour of the Borrower.

THEREFORE, for value received, and intending to be legally bound by this Loan Agreement, the parties agree as follows:

ARTICLE 1
DEFINED TERMS

1.1 Defined Terms

In this Loan Agreement, unless something in the subject matter or context is inconsistent therewith:

(a) “Advance” means an advance on account of the Loan;

(b) “Applicable Law” means all public laws, statutes, ordinances, decrees, judgments, codes, standards, acts, orders, by-laws, rules,
regulations, official body consents, permits, binding policies and guidelines, and requirements of any Governmental Authority,
which now or hereafter may be lawfully applicable to and enforceable against the Borrower or its property or any part thereof.

(c) “Borrower” means Maverick Minerals Corporation.

(d) “Business Day” means a day of the year, other than Saturday or Sunday, on which banks are open for business in Saskatoon,
Saskatchewan.
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(e) “Closing Date” means February 13th, 2009 or such later date as agreed by the Lender and the Borrower.

(f) “Debt Settlement Agreement” means the debt settlement agreement dated as of February 10th, 2009 between the Borrower and
the Lender attached as Schedule “B” hereto;

(g) “Encumbrances” means and includes any mortgage, charge, hypothec, privilege, pledge, security interest, lien, claim and
encumbrance of any nature whatsoever or howsoever arising in respect of or affecting any Property, and includes any renewals
or extensions thereof, which is not effectually postponed, subordinated or waived in favour of the indebtedness and liability
from time to time in respect of the Loans.

(h) “Event of Default” has the meaning defined in Section 7.1.

(i) “GAAP” means generally accepted accounting principles in effect from time to time in the United States.

(j) “Governmental Authority” means, when used with respect to any person, any government, parliament, legislature, regulatory
authority, agency, tribunal, department, commission, board, instrumentality, court, arbitration board, or arbitrator or other law,
regulation or rule making entity (including a Minister of the Crown, any central bank, Superintendent of Financial Institutions or
other comparable authority or agency) having or purporting to have jurisdiction on behalf of, or pursuant to the laws of, Canada
or any country in which such person is incorporated or otherwise created or established or in which such person has any
Property or carries on business, or any province, territory, state, municipality, district or political subdivision of any such
country or of any such province, territory or state of such country.

(k) “Interest Rate” means 8% per annum calculated and compounded monthly, not in advance as well after as before maturity,
default and judgment on the outstanding daily balance of the Loan based on the number of days elapsed in a 365 day year;

(l) “Lender” means Senergy Partners LLC.

(m) “Loan” means the revolving loan in the maximum principal amount of $1,000,000.

(n) “Maturity Date” means December 31, 2012, unless sooner determined due to the occurrence of an Event of Default;

(o) “Material Adverse Effect” means a material adverse effect (or a series of adverse effects, none of which is material in and of itself
but which, cumulatively, (i) constitutes a material adverse change in the business, operations, financial condition or properties of
the Borrower taken as a whole; (ii) that materially impairs the ability of the Borrower to timely and fully perform its obligations
under the Loan Agreement, or (iii) that materially impairs the ability of the Lender to enforce its rights and remedies under this
Loan Agreement.

(p) “Obligations” means all obligations of the Borrower to the Lender under or in connection with this Loan Agreement, including
but not limited to all debts and liabilities, present or future, direct or indirect, absolute or contingent at any time owing by the
Borrower to the Lender or remaining unpaid by the Borrower to the Lender or in
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connection with this Loan Agreement, whether arising from dealings between the Lender and the Borrower or from any other
dealings or proceedings by which the Lender may be or become in any manner whatever a creditor of the Borrower under or in
connection with this Loan Agreement, and wherever incurred, and whether incurred by the Borrower alone or with another or
others and whether as principal or surety, and all interest, fees, legal and other costs, charges and expenses.

(q) “Permits” means licenses, authorizations, consents, certificates, registrations, exemptions, permits and other approvals,
obtained from or required by a Governmental Authority.

(r) “Permitted Encumbrances” means, with respect to any Person, the following:

(i) Encumbrances for taxes, rates, assessments or other charges of Governmental Authorities, charges or levies not yet due,
or for which instalments have been paid based on reasonable estimates pending final assessments, or if due, the validity
of which is being contested diligently and in good faith by appropriate proceedings by that person and for which
adequate reserves have been established in accordance with GAAP;

(ii) undetermined or inchoate Encumbrances, rights of distress and charges incidental to current operations which have not
at such time been filed or exercised and of which none of the Lender has been given notice, or which relate to obligations
not due or payable or if due, the validity of which is being contested diligently and in good faith by appropriate
proceedings by that person;

(iii) to the extent a security interest is constituted or created thereby, any right of first refusal in favour of any person granted
in the ordinary course of business with respect to the properties of the Borrower, which in the aggregate do not detract
materially from the value of any part of the Property of the Borrower or its use in the operations of the Borrower;

(iv) any interest of a third party under any pooling, unit development, overriding royalty, net profits interest, carried interest,
reversionary interest or operating agreement affecting mineral or other natural resource rights entered into in the ordinary
course of business between arm’s length third parties on reasonable commercial terms; and

(v) other Encumbrances expressly agreed to in writing by the Lender,

provided that nothing in this definition or this Loan Agreement shall (A) be construed as evidencing an intention or agreement
on the part of the Lender that the Obligations hereunder be or have been subordinated to any such Permitted Encumbrance, or
(B) cause any such subordination to occur.

(s) “Person” means and includes an individual, a partnership, a joint venture, a corporation, a limited liability company, a trust, an
unincorporated organization and a government or any department or agency thereof;

(t) “Property” means, with respect to any person, any or all of its undertaking, property and assets.
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(u) “Securities Laws” means all applicable securities laws in the relevant jurisdictions and the respective regulations made
thereunder, together with applicable published fee schedules, prescribed forms, policy statements, orders, blanket rulings and
other regulatory instruments of the securities regulatory authorities in such jurisdictions.

(v) “Security Documents” means the security documents set out in Section<*> to this Agreement and any other security document
from time to time taken by the Lender from the Borrower as security for the payment, observance and performance of the Loan in
whole or in part;

(w) “Taxes” means all taxes, levies, imposts, stamp taxes, duties, deductions, withholdings and similar governmental impositions
payable, levied, collected, withheld or assessed as of the date of this Loan Agreement or at any time in the future, and “Tax”
shall have a corresponding meaning.

(x) “Loan Agreement”, “Agreement”, “hereof”, “herein”, “hereto”, “hereunder” or similar expressions mean this Loan Agreement
and any Schedules hereto, as amended, supplemented, restated and replaced from time to time.

(y) “$”, “US Dollars” and “USD$” mean lawful money of the United States.

1.2 Headings and Table of Contents

The headings of the Articles, Sections, subsections and paragraphs hereof and the Table of Contents are inserted for convenience of
reference only and shall not affect the construction or interpretation of this Loan Agreement.

1.3 Accounting Terms

Each accounting term used in this Loan Agreement, unless otherwise defined or interpreted herein, has the meaning assigned to it under
GAAP.

1.4 Number, Gender, Contractual Instruments

Unless the context otherwise requires, words importing the singular number shall include the plural and vice versa and words importing any
gender include all genders. References to Loan Agreement shall be deemed to include all present or future amendments, supplements,
restatements or replacements thereof or thereto.

ARTICLE 2
LOAN

2.1 Amount

Upon and subject to the terms and conditions of this Loan Agreement, the Lender hereby irrevocably agrees to immediately establish the
Loan for the use and benefit of the Borrower.

2.2 Purpose

The Loan will be made available to the Borrower for the purposes set out in Schedule “A” hereto and for no other purpose without the prior
written consent of the Lender.
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2.3 Time and Place of Payments

Unless otherwise expressly provided herein, the Borrower shall make all payments pursuant to this Agreement or pursuant to any
document, instrument or agreement delivered pursuant hereto by delivery of a cheque or wire transfer to the Lender before 1:00 p.m.
(Saskatoon time) on the day specified for payment. Any such payment received on the day specified for such payment but after 1:00 p.m.
(Saskatoon time) thereon shall be deemed to have been received prior to 1:00 p.m. (Saskatoon time) on the Business Day immediately following
such day specified for payment.

2.4 Debt Settlement Agreement

In consideration of the Lender entering into this Loan Agreement, the Borrower has agreed to enter into the Debt Settlement Agreement.

ARTICLE 3
PAYMENTS, PREPAYMENTS AND INTEREST

3.1 Evidence of Indebtedness

The Obligations resulting from the Loan, including all payments of interest and payments of principal by the Borrower, shall be evidenced
by records maintained by the Lender. The records maintained by the Lender shall constitute, in the absence of manifest error, prima facie
evidence of the Obligations and all details relating thereto. The failure of the Lender to correctly record any such amount or date shall not,
however, adversely affect the obligation of the Borrower to pay the Obligations in accordance with this Loan Agreement.

3.2 Term and Repayment

The outstanding principal amount of the Loan together with all accrued and unpaid interest and all other amounts outstanding hereunder
shall become due and payable in full on the Maturity Date unless sooner determined by the Lender due to the occurrence of an Event of
Default.

3.3 Voluntary Prepayments

Subject to giving the Lender not less than 10 Business Days’ prior written notice, the Borrower may from time to time prepay the Loans in
whole or in part without penalty.

3.4 Interest

The outstanding daily principal balance of the Loan will bear interest at the applicable Interest Rate until paid in full.

ARTICLE 4
REPRESENTATIONS AND WARRANTIES

4.1 Representations and Warranties of the Borrower

The Borrower represents and warrants to the Lender as specified below.

(a) Corporate and Securities Matters


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(i) Due Incorporation, Etc. The Borrower is incorporated under the laws of the state of Nevada and is a corporation duly
incorporated and organized and validly subsisting under the laws of the jurisdiction of its incorporation and is duly
qualified, registered or licensed in all jurisdictions where such qualification, registration or licensing is required to the
extent that it is material. The Borrower has all requisite corporate capacity, power and authority to own, hold under
licence or lease its properties, to carry on its business as now conducted and as proposed to be conducted and to
otherwise enter into, and carry out the transactions contemplated by this Loan Agreement.

(ii) Due Authorization. The entering into and the performance by the Borrower of this Loan Agreement (i) has been duly
authorized by all necessary corporate action on its part, (ii) do not and will not violate its constating documents, any
Applicable Law, any Permit or any Contract to which it is a party, and (iii) will not result in the creation of any
Encumbrance on any of its Property, will not require it to create any Encumbrance on any of its Property and will not
result in the forfeiture of any of its Property.

(iii) No Restrictions in Constating Documents. The execution, delivery and performance of this agreement and the
consummation of the transactions contemplated herein and therein do not and will not conflict with, result in any breach
or violation of, or constitute a default under, the terms, conditions or provisions of the constating documents or by-laws
of, or any unanimous shareholder agreement or declaration relating to, the Borrower or of any law, regulation, judgment,
decree or order binding on or applicable to the Borrower or by which the Borrower benefits or to which any of its
property is subject or of any material agreement, lease, licence, permit or other instrument to which the Borrower is a party
or is otherwise bound or by which the Borrower benefits or to which any of its property is subject and do not require the
consent or approval of any other party or any governmental body, agency or authority.

(iv) Due Execution, Etc. The Loan Agreement have been or will be duly executed and delivered by it and constitute legal,
valid and binding obligations enforceable against it in accordance with its respective terms, subject to the availability of
equitable remedies and the effect of bankruptcy, insolvency and similar laws affecting the rights of creditors generally.

(b) Ownership of Assets and Properties

The Borrower does not warrant title to its assets but represents and warrants that except for Permitted Encumbrances, the
material assets of the Borrower are free and clear of any liens, royalties, production payments, charges, adverse claims, demands
or encumbrances created by, through or under the Borrower.

4.2 Representations and Warranties of the Lender

The Lender represents and warrants to the Borrower as specified below.

(a) Corporate and Securities Matters

(i) Due Incorporation, Etc. The Lender is incorporated under the laws of the state of Nevada and is a limited liability
corporation duly incorporated and organized
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and validly subsisting under the laws of the jurisdiction of its incorporation and is duly qualified, registered or licensed in
all jurisdictions where such qualification, registration or licensing is required to the extent that it is material. The Lender
has all requisite corporate capacity, power and authority to own, hold under licence or lease its properties, to carry on its
business as now conducted and as proposed to be conducted and to otherwise enter into, and carry out the transactions
contemplated by this Loan Agreement.

(ii) Due Authorization. The entering into and the performance by the Lender of this Loan Agreement (i) has been duly
authorized by all necessary corporate action on its part, and (ii) do not and will not violate its constating documents, any
Applicable Law, any Permit or any contract to which it is a party.

(iii) No Restrictions in Constating Documents. The execution, delivery and performance of this agreement and the
consummation of the transactions contemplated herein and therein do not and will not conflict with, result in any breach
or violation of, or constitute a default under, the terms, conditions or provisions of the constating documents or by-laws
of, or any unanimous shareholder agreement or declaration relating to, the Lender or of any law, regulation, judgment,
decree or order binding on or applicable to the Lender or by which the Lender benefits or to which any of its property is
subject or of any material agreement, lease, licence, permit or other instrument to which the Lender is a party or is
otherwise bound or by which the Lender benefits or to which any of its property is subject and do not require the
consent or approval of any other party or any governmental body, agency or authority.

(iv) Due Execution, Etc. The Loan Agreement have been or will be duly executed and delivered by it and constitute legal,
valid and binding obligations enforceable against it in accordance with its respective terms, subject to the availability of
equitable remedies and the effect of bankruptcy, insolvency and similar laws affecting the rights of creditors generally.

4.3 Survival of Representations and Warranties

Unless expressly stated to be made as of a specific date, the representations and warranties made in this Loan Agreement shall survive the
execution of this Loan Agreement notwithstanding any investigation made at any time by or on behalf of the Lender.

ARTICLE 5
COVENANTS

5.1 Affirmative Covenants

The Borrower hereby covenants and agrees with the Lender that, until repayment in full by the Borrower to the Lender of all Obligations
and unless the Lender otherwise expressly consents in writing, such consent not to be unreasonably withheld:

(a) Prompt Payment

The Borrower shall duly and punctually pay or cause to be paid to the Lender all amounts payable under this Loan Agreement at
the dates and places, in the currencies and in the manner mentioned herein.
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(b) Use of Proceeds

The Borrower shall apply all of the proceeds of the Loan for the purposes set out in Section 2.2 hereof.

5.2 Restrictive Covenants

During the term of this Loan Agreement, the Borrower shall not do any of the things specified in this Section without the prior written
consent of the Lender, which shall not be unreasonably withheld.

(a) Encumbrances

The Borrower shall not create, incur or assume or suffer to exist or cause or permit any Encumbrance upon or in respect of any of
its material Property, except for Permitted Encumbrances.

(b) Limit on Senior Debt or Further Subordinate Debt

The Borrower shall not, without the prior written consent of the Lender, incur, assume or suffer to exist any indebtedness other
than indebtedness to unsecured trade creditors which is incurred in the ordinary course of business.

ARTICLE 6
CLOSING DELIVERIES

6.1 Closing Deliveries

On or after the Closing Date, the Borrower shall deliver to the Lender, in form and substance satisfactory to the Lender upon request by the
Lender, a resolution of the board of directors of the Borrower authorizing the Borrower to execute, deliver and perform its obligations under
this Loan Agreement:

6.2 Waiver

The terms and conditions of Section 6.1 are inserted for the sole benefit of the Lender and the Lender may waive them in whole or in part,
with or without terms or conditions, in respect of any extension of credit, without prejudicing the Lender’s right to assert them in whole or in
part in respect of any other extension of credit.

ARTICLE 7
DEFAULT

7.1 Events of Default

Each of the following events shall constitute an Event of Default under this Loan Agreement:

(a) the Borrower fails to pay any amount of principal when due; or

(b) the Borrower fails to pay any amount of interest when due or, to pay fees within five (5) Business Days of when due; or
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(c) the Borrower ceases or threatens to cease to carry on its business, except as expressly permitted in this Loan Agreement, or
admits its inability or fails to pay its debts generally; or

(d) the Borrower becomes a bankrupt (voluntarily or involuntarily); or becomes subject to any proceeding seeking liquidation,
arrangement, relief of creditors or the appointment of a receiver or trustee over, or any judgment or order which has or might
have a Material Adverse Effect, and such proceeding, if instituted against the Borrower, or such judgment or order, is not
contested diligently, in good faith and on a timely basis and dismissed or stayed within 30 days of its commencement or
issuance; or

(e) if any representation or warranty made by the Borrower in this agreement or in any other document, agreement or instrument
delivered pursuant hereto or referred to herein or any information furnished in writing to the Lender by the Borrower proves to
have been incorrect in any material respect when made or furnished, and such Event of Default, to the extent curable, has not
been cured within ten (10) Business Days after written notice to do so has been given by the Lender to the Borrower; or

(f) the breach or failure of due observance or performance by the Borrower of any covenant or provision of this Loan Agreement,
other than those heretofore dealt with in this Section 7.1 or of any other document, agreement or instrument delivered pursuant
hereto or referred to herein which is not remedied by the Borrower within ten (10) Business Days after written notice to do so has
been given by the Lender to the Borrower, unless permitted to do so by the Lender.

7.2 Acceleration and Termination of Rights

If any Event of Default occurs, the Lender may give notice to the Borrower declaring the Obligations or any of them to be forthwith due and
payable, whereupon they shall become and be forthwith due and payable without presentment, demand, protest or further notice of any kind,
all of which are hereby expressly waived by the Borrower.

7.3 Remedies

Upon the occurrence of any event by which any of the Obligations become due and payable under Section 7.2, the Lender may take such
action or proceedings on behalf of the Lender and in compliance with Applicable Law as the Lender in its sole discretion deems expedient to
enforce the same, all without any additional notice, presentment, demand, protest or other formality, all of which are hereby expressly waived
by the Borrower.

7.4 Remedies Cumulative

The rights and remedies of the Lender under the Loan Agreement are in addition to and not in substitution for any rights or remedies
provided by law. Any single or partial exercise by the Lender of any right or remedy for a default or breach of any term, covenant, condition of
the Loan Agreement herein contained shall not be deemed to be a waiver of or to alter, affect, or prejudice any other right or remedy or other
rights or remedies to which the Lender may be lawfully entitled for the same default or breach. Any waiver by the Lender of the strict
observance, performance or compliance with any term, covenant, condition or Loan Agreement herein contained, and any indulgence granted
by the Lender shall be deemed not to be a waiver of any subsequent default.
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ARTICLE 8
SECURITY

8.1 As security for payment, observance and performance of the Borrower’s Obligations, the Borrower agrees to execute and deliver (and
cause each Other Obligant to execute and deliver), inter alia, the following documents (collectively, the “Security Documents”) in a form and
manner satisfactory to the Lender and the Lender’s solicitors such security as the Lender may reasonably require from time to time. Each
Security Document is given as additional, concurrent and collateral security to the remainder of the Security Documents and will not operate to
merge novate or discharge the Borrower’s Indebtedness or any of the other Security Documents. The execution and delivery of each Security
Document will not in any way suspend or affect the present or future rights and remedies of the Lender in respect of the Borrower’s
Indebtedness, or the other Security Documents. No action or judgment taken by the Lender in respect of any of the Security Documents or
with respect to the Borrower’s Indebtedness will affect the liability of the Borrower hereunder and nothing but the actual payment in full by
the Borrower to the Lender of the Borrower’s Indebtedness will discharge the Borrower or any of the Security Documents.

ARTICLE 9
CONDITIONS PRECEDENT TO EACH ADVANCE UNDER THE LOAN

9.1 The Lender’s obligation to make any Advance is subject to the following conditions precedent having been met to the Lender’s sole
satisfaction or waived by the Lender in writing at the time of that Advance, namely:

(a) the Lender having received a properly executed original of this Loan Agreement and any Security Documents then in effect;

(b) the Borrower’s representations and warranties contained herein and in the Security Documents then in effect then being true
and correct in all material respects;

(c) the Borrower having entered into the Debt Settlement Agreement with the Lender in substantially the form attached hereto as
Schedule “B”;

(d) there then being no outstanding Default or Event of Default and no outstanding condition, event or act which with or without
the giving of notice could become an Event of Default; and

(e) there then being no outstanding condition, event or act which has had or would reasonably be expected to have a Material
Adverse Effect.

ARTICLE 10
MISCELLANEOUS PROVISIONS

10.1 Amendment, Supplement or Waiver

Any amendment or supplement to this Loan Agreement shall require the written consent of the other parties. No waiver or act or omission
of the Borrower or the Lender, or any of them, shall extend to or be taken in any manner whatsoever to affect any subsequent Event of Default
or breach by a party of any provision of this Loan Agreement or the rights resulting thereof.
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10.2 Governing Law

The Loan Agreement shall be conclusively deemed to be a contract made under, and shall for all purposes be governed by and construed in
accordance with, the laws of the Province of Saskatchewan. Each party to this Loan Agreement hereby irrevocably and unconditionally
attorns and submits to the non-exclusive jurisdiction of the courts of Saskatchewan and all courts competent to hear appeals therefrom.

10.3 Address for Notice

Unless otherwise provided in this Loan Agreement, all notices, consents, acknowledgements, directions, resolutions, waivers and other
communications required or permitted to be given under this Loan Agreement shall be in writing and shall be sent by overnight courier
service, facsimile or other means of electronic mail transfer, or personal delivery, addressed to the party for whom it is intended as follows:

(a) if to the Borrower:

Maverick Minerals Corporation


2501 Lansdowne Ave
Saskatoon, Saskatchewan
S7J 1H3

Attention: R. Kinloch
Facsimile No.: (306) 343-0888

with a copy to:

Clark Wilson LLP


800 – 855 West Georgia Street
Vancouver, British Columbia
V6C 3H1

Attention: Conrad Y. Nest


Facsimile No.: (604) 687 6314

(b) if to the Lender:

SENERGY PARTNERS LLC.


2245 N. Green Valley Pkwy, Ste. 429
Henderson, Nevada
89014

Attention: Donna Rose


Facsimile No.: (208) 330-7137

with a copy to:


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DAVID P. STEINER
David Steiner & Associates PLC
1925 Century Park E Ste 2350
Los Angeles, CA 90067-2737

Attention: David Steiner


Facsimile No.: (310) 556-0336

or such other address most recently specified by such party by notice given in accordance with this Section 10.3 to the party hereto giving the
notice or written communication. Any notice, demand or communication pursuant to or relating to this Loan Agreement shall be conclusively
deemed to be given and received, if delivered, on the day on which it is delivered to the address of the party to be notified or, if given by
facsimile or other similar form of telecommunication, on the next Business Day following such transmission.

10.4 Time of the Essence

Time shall be of the essence of this Loan Agreement.

10.5 Further Assurances

The parties hereto shall do all such further acts and execute and deliver all such further documents as may be necessary or desirable in
order to fully perform and carry out the purpose and intent of the Loan Agreement.

10.6 Counterparts and Facsimile

This Loan Agreement may be executed in any number of counterparts, each of which when executed and delivered shall be deemed to be an
original, and such counterparts together shall constitute one and the same Loan Agreement. For the purposes of this Section, the delivery of a
facsimile copy of an executed counterpart of this Loan Agreement shall be deemed to be valid execution and delivery of this Loan Agreement.

10.7 Entire Loan Agreement

This Loan Agreement constitutes the entire Loan Agreement between the parties hereto concerning the matters addressed in this Loan
Agreement, and cancel and supersede any prior agreements, undertakings, declarations or representations, written or verbal, in respect
thereof.

10.8 Independent Legal Advice

The parties hereto each represent, warrant and agree that each has received independent legal advice from their respective attorneys with
respect to the terms of the Loan Agreement and with respect to the advisability of entering into this Loan Agreement.
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10.9 Successors

This Loan Agreement and any other document referred to herein or therein shall be binding upon and inure to the benefit of and be
enforceable by Lender, Borrower and their respective successors and assigns, except that Borrower may not assign its rights under this Loan
Agreement and any other document referred to herein or therein without the prior written consent of Lender. Lender may, after notice to
Borrower, assign its rights and delegate its obligations under this Loan Agreement and further may assign, or sell participations in, all or any
part of the Loan or any other interest herein to another person, in which event, the assignee or participant shall have, to the extent of such
assignment or participation, the same rights and benefits as it would have if it were the Lender hereunder, except as otherwise provided by the
terms of such assignment or participation.

WITNESS OF WHICH, the parties have executed this Loan Agreement as at the day first written above.

MAVERICK MINERALS CORPORATION

By:
Authorized Signatory

SENERGY PARTNERS LLC

By:
Authorized Signatory
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SCHEDULE A

Plan of Operation

Maverick Minerals Corporation (the “Company”) plans to continue to evaluate joint venture opportunities and oil and gas development and
production prospects in West Texas and North West Texas and Saskatchewan. The Company expects to continue its evaluation of joint
venture production and development opportunities in North West Texas.

Based on the Company’s plan of operation outlined above, the Company intends to use proceeds of the Loan for the following expenses
during the term of the Loan:

Loan Purposes
General, Administrative and Corporate Expenses
Consulting and Due Diligence, Texas and Saskatchewan
Professional Fees
Joint Venture Programs
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SCHEDULE B

Debt Settlement and Subscription Agreement

THESE SECURITIES HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES
COMMISSION OF ANY STATE AND HAVE BEEN ISSUED IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD
EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN
AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE
SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS.

DEBT SETTLEMENT AND SUBSCRIPTION AGREEMENT

THIS DEBT SETTLEMENT AND SUBSCRIPTION AGREEMENT (the "Agreement") made as of the 13th day of February, 2009.

BETWEEN: Maverick Minerals Corporation (the "Company") a Nevada corporation with an address for business at 2501 Lansdowne Ave,
Saskatoon, Saskatchewan, Canada, S7J 1H3

AND: Senergy Partners LLC (the "Subscriber"), a limited liability company with an address for business at 2245 N. Green Valley Pkwy,
Ste. 429, Henderson, Nevada 89014

WHEREAS:

A. The Subscriber made unsecured loans totalling an aggregate of $447,500 to the Company (the “Outstanding Amount”); and

B. The Subscriber has agreed to accept 89,500,000 shares of the Company’s common stock at a deemed price of $0.005 per share (the
“Shares”), as payment of the Outstanding Amount pursuant to the terms and conditions set forth in this Agreement.

NOW THEREFORE THIS AGREEMENT witnesses that, for good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties hereto agree as follows:

1. Interpretation

1.1 In this Agreement, words importing the singular number only shall include the plural and vice versa, words importing gender shall include
all genders and words importing persons shall include individuals, corporations, partnerships, associations, trusts, unincorporated
organizations, governmental bodies and other legal or business entities of any kind whatsoever.

1.2 Any reference to currency is to the currency of the United States of America unless otherwise indicated.

2. Acknowledgement of Indebtedness

2.1 The Company and the Subscriber acknowledge and agree that the Company is indebted to the Subscriber in the amount of the Outstanding
Amount.
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3. Payment of Indebtedness

3.1 As full and final payment of the Outstanding Amount, the Company will on the Closing Date (as defined herein) issue to the Subscriber the
Shares, as fully paid and non-assessable, and the Subscriber will accept the Shares as full and final payment of the Outstanding Amount.

4. Release

4.1 The Subscriber hereby agrees that upon delivery of the Shares by the Company in accordance with the provisions of this Agreement, the
Outstanding Amount will be fully satisfied and extinguished, and the Subscriber will remise, release and forever discharge the Company and
its respective directors, officers, affiliates, employees, successors, solicitors, agents and assigns from any and all obligations relating to the
Outstanding Amount.

5. Documents Required from Subscriber

5.1 The Subscriber must complete, sign and return to the Company two (2) executed copies of this Agreement.

5.2 The Subscriber must complete, sign and return to the Company’s lawyers an executed copy of this Subscription Agreement, the
Accredited Investor Questionnaires attached hereto as Schedule A (the “Questionnaires”) and any other schedules attached hereto or
requested by the Company, acting reasonably. These should be sent by courier to:

Clark Wilson LLP


800-885 W Georgia Street
Vancouver, B.C. Canada V6C 3H1
Attention: Virgil Hlus
Telephone: 604.687.5700

5.3 The Subscriber shall complete, sign and return to the Company as soon as possible, on request by the Company, any documents, notices
and undertakings as may be required by regulatory authorities, stock exchanges and applicable law.

6. Closing

6.1 Closing of the offering of the Shares (the "Closing") shall occur on or before February 13, 2009, or on such other date as may be determined
by the Company (the "Closing Date").

7. Acknowledgements of Subscriber

7.1 The Subscriber acknowledges and agrees that:

(a) none of the Shares have been or will be registered under the Securities Act of 1933 (the “1933 Act”), or under any state
securities or "blue sky" laws of any state of the United States, and, unless so registered, may not be offered or sold in the United
States or, directly or indirectly, to U.S. Persons, as that term is defined in Regulation S under the 1933 Act ("Regulation S"),
except pursuant to an effective registration statement under the 1933 Act, or pursuant to an exemption from, or in a transaction
not subject to, the registration requirements of the 1933 Act and in each case only in accordance with applicable securities laws;
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(b) the Company has not undertaken, and will have no obligation, to register any of the Shares under the 1933 Act or any other
applicable securities legislation;

(c) the Subscriber has received and carefully read this Agreement;

(d) the decision to execute this Agreement and acquire the Shares hereunder has not been based upon any oral or written
representation as to fact or otherwise made by or on behalf of the Company and such decision is based entirely upon a review of
any public information which has been filed by the Company with the Securities and Exchange Commission ("SEC") in
compliance, or intended compliance, with applicable securities legislation;

(e) the Subscriber and the Subscriber’s advisor(s) have had a reasonable opportunity to ask questions of and receive answers from
the Company in connection with the issuance of the Shares hereunder, and to obtain additional information, to the extent
possessed or obtainable by the Company without unreasonable effort or expense;

(f) upon the issuance thereof, and until such time as the same is no longer required under the applicable securities laws and
regulations, the certificates representing any of the Shares will bear a legend in substantially the following form:

THESE SECURITIES HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE
SECURITIES COMMISSION OF ANY STATE AND HAVE BEEN ISSUED IN RELIANCE UPON AN EXEMPTION FROM
REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY,
MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE
SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO,
THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE
SECURITIES LAWS.

(g) the Subscriber has been advised to consult the Subscriber's own legal, tax and other advisors with respect to the merits and risks
of an investment in the Shares and with respect to applicable resale restrictions, and it is solely responsible (and the Company is
not in any way responsible) for compliance with applicable resale restrictions;

(h) none of the Shares are listed on any stock exchange or automated dealer quotation system and no representation has been made
to the Subscriber that any of the Shares will become listed on any stock exchange or automated dealer quotation system, except
that currently certain market makers make market in the shares of common stock of the Company on the Financial Industry
Regulatory Authority's Over-the-Counter Bulletin Board;

(i) neither the SEC nor any other securities commission or similar regulatory authority has reviewed or passed on the merits of the
Shares;

(j) no documents in connection with the sale of the Shares hereunder have been reviewed by the SEC or any state securities
administrators;

(k) there is no government or other insurance covering any of the Shares;


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(l) the issuance and sale of the Shares to the Subscriber will not be completed if it would be unlawful or if, in the discretion of the
Company acting reasonably, it is not in the best interests of the Company; and

(m) this Agreement is not enforceable by the Subscriber unless it has been accepted by the Company.

8. Representations, Warranties and Covenants of the Subscriber

8.1 The Subscriber hereby represents and warrants to and covenants with the Company (which representations, warranties and covenants
shall survive the Closing) that:

(a) the Subscriber is a U.S. resident;

(b) the Subscriber is aware that an investment in the Company is speculative and involves certain risks, including the possible loss
of the entire investment;

(c) the Subscriber has made an independent examination and investigation of an investment in the Shares and the Company and has
depended on the advice of its legal and financial advisors and agrees that the Company will not be responsible in any way
whatsoever for the Subscriber's decision to invest in the Shares and the Company;

(d) the Subscriber: (i) has adequate net worth and means of providing for its current financial needs and possible personal
contingencies, (ii) has no need for liquidity in this investment, (iii) is able to fend for itself in the Subscription; (iv) has such
knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of its investment
in the Securities and the Company; and (v) has the ability to bear the economic risks of its prospective investment and can
afford the complete loss of such investment;

(e) the Subscriber understands and agrees that the Company and others will rely upon the truth and accuracy of the
acknowledgements, representations and agreements contained in this Agreement and agrees that if any of such
acknowledgements, representations and agreements are no longer accurate or have been breached, the Subscriber shall
promptly notify the Company;

(f) the Subscriber has the legal capacity and competence to enter into and execute this Subscription Agreement and to take all
actions required pursuant hereto and, if the Subscriber is a corporation, it is duly incorporated and validly subsisting under the
laws of its jurisdiction of incorporation and all necessary approvals by its directors, shareholders and others have been obtained
to authorize execution and performance of this Subscription Agreement on behalf of the Subscriber;

(g) if the Subscriber is a corporation or other entity, the entering into of this Subscription Agreement and the transactions
contemplated hereby do not and will not result in the violation of any of the terms and provisions of any law applicable to, or the
constating documents of, the Subscriber or of any agreement, written or oral, to which the Subscriber may be a party or by which
the Subscriber is or may be bound;

(h) the Subscriber is an ‘accredited investor’ in the United States, as that term is defined in Rule 501 of Regulation D, promulgated
by the SEC under the 1933 Act;
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(i) by completing the Questionnaires, the Subscriber is representing and warranting that it is an "accredited investor" as that term is
defined in Regulation D of the 1933 Act and National Instrument 45-106 - Prospectus and Registration Exemptions;

(j) the Subscriber is acquiring the Securities as principal for its own account for investment purposes only and not with a view to,
or for, resale, distribution or fractionalisation thereof, in whole or in part, and no other person has a direct or indirect beneficial
interest in the Securities;

(k) the decision to execute this Subscription Agreement and purchase the Shares has not been based upon any oral or written
representation as to fact or otherwise made by or on behalf of the Company and such decision is based solely upon the
Company’s public filings with the SEC.

(l) the Subscriber has duly executed and delivered this Agreement and it constitutes a valid and binding agreement of the
Subscriber enforceable against the Subscriber in accordance with its terms;

(m) the Subscriber is not an underwriter of, or dealer in, the common shares of the Company, nor is the Subscriber participating,
pursuant to a contractual agreement or otherwise, in the distribution of the Shares;

(n) the Subscriber is not a broker or a dealer in securities, nor is the Subscriber affiliated with any securities broker or dealer;

(o) the Subscriber understands and agrees not to engage in any hedging transactions involving any of the Shares unless such
transactions are in compliance with the provisions of the 1933 Act and in each case only in accordance with applicable state and
provincial securities laws;

(p) the Subscriber understands and agrees that the Company will refuse to register any transfer of the Shares not made in
accordance with the provisions of Regulation S, pursuant to an effective registration statement under the 1933 Act or pursuant
to an available exemption from the registration requirements of the 1933 Act;

(q) the Subscriber has the requisite knowledge and experience in financial and business matters as to be capable of evaluating the
merits and risks of the investment in the Shares and the Company;

(r) the Subscriber is not aware of any advertisement of any of the Shares and is not acquiring the Shares as a result of any form of
general solicitation or general advertising including advertisements, articles, notices or other communications published in any
newspaper, magazine or similar media or broadcast over radio or television, or any seminar or meeting whose attendees have
been invited by general solicitation or general advertising; and

(s) no person has made to the Subscriber any written or oral representations,

(i) that any person will resell or repurchase any of the Shares,

(ii) that any person will refund the purchase price of any of the Shares,
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(iii) as to the future price or value of any of the Shares, or

(iv) that any of the Shares will be listed and posted for trading on any stock exchange or automated dealer quotation system
or that application has been made to list and post any of the Shares of the Company on any stock exchange or automated
dealer quotation system.

8.2 In this Agreement, the term "U.S. Person" shall have the meaning ascribed thereto in Regulation S.

9. Acknowledgement and Waiver

9.1 The Subscriber has acknowledged that the decision to acquire the Shares was solely made on the basis of publicly available information.
The Subscriber hereby waives, to the fullest extent permitted by law, any rights of withdrawal, rescission or compensation for damages to
which the Subscriber might be entitled in connection with the distribution of any of the Shares.

10. Representations and Warranties will be Relied Upon by the Company

10.1 The Subscriber acknowledges that the representations and warranties contained herein and are made by it with the intention that such
representations and warranties may be relied upon by the Company and its legal counsel in determining the Subscriber's eligibility to acquire
the Shares under applicable securities legislation, or (if applicable) the eligibility of others on whose behalf it is contracting hereunder to
acquire the Shares under applicable securities legislation. The Subscriber further agrees that by accepting delivery of the certificates
representing the Shares on the Closing Date, it will be representing and warranting that the representations and warranties contained herein
and are true and correct as at the Closing Date with the same force and effect as if they had been made by the Subscriber on the Closing Date
and that they will survive the purchase by the Subscriber of Shares and will continue in full force and effect notwithstanding any subsequent
disposition by the Subscriber of such Shares.

11. Resale Restrictions

11.1 The Subscriber acknowledges that any resale of the Securities will be subject to resale restrictions contained in the securities legislation
applicable to the Subscriber or proposed transferee. The Subscriber acknowledges that the Shares have not been registered under the 1933
Act of the securities laws of any state of the United States. The Shares may not be offered or sold in the United States unless registered in
accordance with United States federal securities laws and all applicable state and provincial securities laws or exemptions from such
registration requirements are available.

11.2 The Subscriber acknowledges that restrictions on the transfer, sale or other subsequent disposition of the Shares by the Subscriber may
be imposed by securities laws in addition to any restrictions referred to in Section 11.1 above, and, in particular, the Subscriber acknowledges
and agrees that none of the Shares may be offered or sold to a U.S. Person or for the account or benefit of a U.S. Person (other than a
distributor) prior to the end of the Distribution Compliance Period.

12. Legending and Registration of Subject Shares

12.1 The Subscriber hereby acknowledges that that upon the issuance thereof, and until such time as the same is no longer required under the
applicable securities laws and regulations, the certificates representing any of the Securities will bear a legend in substantially the following
form:
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THESE SECURITIES HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE
SECURITIES COMMISSION OF ANY STATE AND HAVE BEEN ISSUED IN RELIANCE UPON AN EXEMPTION FROM
REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY
NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES
ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS.

12.2 The Subscriber hereby acknowledges and agrees to the Company making a notation on its records or giving instructions to the registrar
and transfer agent of the Company in order to implement the restrictions on transfer set forth and described in this Agreement. The Subscriber
acknowledges that the Shares are subject to resale restrictions in Saskatchewan and may not be traded in Saskatchewan except as permitted
by the Securities Act (Saskatchewan) (the “Act”) and the rules made thereunder.

12.3 Pursuant to National Instrument 45-102 – Resale of Securities, as adopted by the Saskatchewan Financial Services Commission, a
subsequent trade in the Shares will be a distribution subject to the prospectus and registration requirements of applicable Canadian securities
legislation (including the Act) unless certain conditions are met, which conditions include a hold period (the "Canadian Hold Period") that
shall have elapsed from the date on which the Shares were issued to the Subscriber and, during the currency of the Canadian Hold Period, any
certificate representing the Shares is to be imprinted with a restrictive legend (the "Canadian Legend").

12.4 By executing and delivering this Agreement, the Subscriber will have directed the Company not to include the Canadian Legend on any
certificates representing the Shares to be issued to the Subscriber. As a consequence, the Subscriber will not be able to rely on the resale
provisions of National Instrument 45-102, and any subsequent trade in any of the Shares during or after the Canadian Hold Period will be a
distribution subject to the prospectus and registration requirements of Canadian securities legislation, to the extent that the trade is at that
time subject to any such Canadian securities legislation.

12.5 The Subscriber acknowledges and agrees that all costs and expenses incurred by the Subscriber (including any fees and disbursements of
any special counsel retained by the Subscriber) relating to the purchase of the Shares shall be borne by the Subscriber.

13. Collection of Personal Information

13.1 The Subscriber acknowledges and consents to the fact that the Company is collecting the Subscriber's personal information for the
purpose of fulfilling this Agreement and completing this offering. The Subscriber's personal information (and, if applicable, the personal
information of those on whose behalf the Subscriber is contracting hereunder) may be disclosed by the Company to (a) stock exchanges or
securities regulatory authorities, (b) the Company's registrar and transfer agent, and (c) any of the other parties involved in this offering,
including legal counsel, and may be included in record books in connection with this offering. By executing this Agreement, the Subscriber is
deemed to be consenting to the foregoing collection, use and disclosure of the Subscriber's personal information (and, if applicable, the
personal information of those on whose behalf the Subscriber is contracting hereunder) and to the retention of such personal information for
as long as permitted or required by law or business practice. Notwithstanding that the Subscriber may be purchasing Shares as agent on
behalf of an undisclosed principal, the Subscriber agrees to provide, on request, particulars as
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to the identity of such undisclosed principal as may be required by the Company in order to comply with the foregoing.

14. Costs

14.1 The Subscriber acknowledges and agrees that all costs and expenses incurred by the Subscriber (including any fees and disbursements of
any special counsel retained by the Subscriber) relating to the acquisition of the Shares shall be borne by the Subscriber.

15. Governing Law

15.1 This Agreement is governed by the laws of the State of Nevada.

16. Survival

16.1 This Agreement, including without limitation the representations, warranties and covenants contained herein, shall survive and continue
in full force and effect and be binding upon the parties hereto notwithstanding the completion of the purchase of the Shares by the Subscriber
pursuant hereto.

17. Assignment

17.1 This Agreement is not transferable or assignable.

18. Execution

18.1 The Company shall be entitled to rely on delivery by facsimile machine of an executed copy of this Agreement and acceptance by the
Company of such facsimile copy shall be equally effective to create a valid and binding agreement between the Subscriber and the Company in
accordance with the terms hereof.

19. Severability

19.1 The invalidity or unenforceability of any particular provision of this Agreement shall not affect or limit the validity or enforceability of the
remaining provisions of this Agreement.

20. Entire Agreement

20.1 Except as expressly provided in this Agreement and in the agreements, instruments and other documents contemplated or provided for
herein, this Agreement contains the entire agreement between the parties with respect to the sale of the Shares and there are no other terms,
conditions, representations or warranties, whether expressed, implied, oral or written, by statute or common law, by the Company or by anyone
else.

21. Notices

21.1 All notices and other communications hereunder shall be in writing and shall be deemed to have been duly given if mailed or transmitted
by any standard form of telecommunication. Notices to the Subscriber shall be directed to the address on page 11 and notices to the Company
shall be directed to the Company’s President at 2501 Lansdowne Ave, Saskatoon, Saskatchewan, Canada, S7J 1H3.
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22. Counterparts

22.1 This Agreement may be executed in any number of counterparts, each of which, when so executed and delivered, shall constitute an
original and all of which together shall constitute one instrument.

IN WITNESS WHEREOF the Subscriber has duly executed this Agreement as of the date first above mentioned.

DELIVERY INSTRUCTIONS

1. Delivery - please deliver the certificates to:

SHAREHOLDER TO PICK-UP IN PERSON AT PACIFIC STOCK TRANSFER

500 E. WARM SPRINGS ROAD, LAS VEGAS, NV.

2. Registration - registration of the certificates which are to be delivered at closing should be made as follows:

SENERGY PARTNERS LLC (name)

2245 N. Green Valley Pkwy, Ste. 429, Henderson, Nevada 89014 (address)

3. The undersigned hereby acknowledges that it will deliver to the Company all such additional completed forms in respect of the
Subscriber's purchase of the Shares as may be required for filing with the appropriate securities commissions and regulatory authorities.

SENERGY PARTNERS LLC


(Name of Subscriber – Please type or print)

(Signature and, if applicable, Office)

3111 Bell Air Drive D-14


(Address of Subscriber)

Las Vegas, NV. 89019


(City, State or Province, Postal Code of
Subscriber)

U.S.A
(Country of Subscriber)
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A C C EP T A N C E

The above-mentioned Agreement in respect of the Shares is hereby accepted by MAVERICK MINERALS CORPORATION

DATED at Saskatoon, the 10th day of February, 2009.

MAVERICK MINERALS CORPORATION

Per:
Authorized Signatory
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SCHEDULE A

U.S. ACCREDITED INVESTOR QUESTIONNAIRE

All capitalized terms herein, unless otherwise defined, have the meanings ascribed thereto in the Subscription Agreement.

This Questionnaire is for use by each Subscriber who has indicated an interest in purchasing common shares of Maverick Minerals
Corporation (the "Company"). The purpose of this Questionnaire is to assure the Company that each Subscriber will meet the standards
imposed by the Securities Act of 1933 (the “1933 Act”) and an appropriate exemption from applicable state securities laws. The Company will
rely on the information contained in this Questionnaire for the purposes of such determination. This Questionnaire is not an offer of the shares
or any other securities of the Company in any state other than those specifically authorized by the Company.

All information contained in this Questionnaire will be treated as confidential. However, by signing and returning this Questionnaire, each
Subscriber agrees that, if necessary, this Questionnaire may be presented to such parties as the Company deems appropriate to establish the
availability, under the 1933 Act or applicable state securities law, of an exemption from registration in connection with the sale of shares of the
Company.

The Subscriber covenants, represents and warrants to the Company that it satisfies one or more of the categories of "Accredited Investors",
as defined in Rule 501 of Regulation D promulgated under the 1933 Act, as indicated below: (Please initial in the space provide those
categories, if any, of an "Accredited Investor" which the Subscriber satisfies):

Category 1 An organization described in Section 501(c)(3) of the United States Internal Revenue Code, a
corporation, a Massachusetts or similar business trust or partnership, not formed for the specific
purpose of acquiring the Units, with total assets in excess of US $5,000,000;

Category 2 A natural person whose individual net worth, or joint net worth with that person's spouse, on the
date of purchase exceeds US $1,000,000;

Category 3 A natural person who had an individual income in excess of US $200,000 in each of the two most
recent years or joint income with that person's spouse in excess of US $300,000 in each of those
years and has a reasonable expectation of reaching the same income level in the current year;

Category 4 A "bank" as defined under Section (3)(a)(2) of the 1933 Act or savings and loan association or other
institution as defined in Section 3(a)(5)(A) of the 1933 Act acting in its individual or fiduciary
capacity; a broker dealer registered pursuant to Section 15 of the Securities Exchange Act of

A-1
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1934 (United States); an insurance company as defined in Section 2(13) of the 1933 Act; an
investment company registered under the Investment Company Act of 1940 (United States) or a
business development company as defined in Section 2(a)(48) of such Act; a Small Business
Investment Company licensed by the U.S. Small Business Administration under Section 301(c) or
(d) of the Small Business Investment Act of 1958 (United States); a plan with total assets in excess
of $5,000,000 established and maintained by a state, a political subdivision thereof, or an agency or
instrumentality of a state or a political subdivision thereof, for the benefit of its employees; an
employee benefit plan within the meaning of the Employee Retirement Income Security Act of
1974 (United States) whose investment decisions are made by a plan fiduciary, as defined in
Section 3(21) of such Act, which is either a bank, savings and loan association, insurance
company or registered investment adviser, or if the employee benefit plan has total assets in
excess of $5,000,000, or, if a self- directed plan, whose investment decisions are made solely by
persons that are accredited investors;

Category 5 A private business development company as defined in Section 202(a)(22) of the Investment
Advisers Act of 1940 (United States);

Category 6 A director or executive officer of the Company;

Category 7 A trust with total assets in excess of $5,000,000, not formed for the specific purpose of acquiring
the Units, whose purchase is directed by a sophisticated person as described in Rule 506(b)(2)(ii)
under the 1933 Act;

X Category 8 An entity in which all of the equity owners satisfy the requirements of one or more of the
foregoing categories;

Note that prospective Subscribers claiming to satisfy one of the above categories of Accredited Investor may be required to
supply the Company with a balance sheet, prior years' federal income tax returns or other appropriate documentation to verify
and substantiate the Subscriber's status as an Accredited Investor.

If the Subscriber is an entity which initialled Category 8 in reliance upon the Accredited Investor categories above, state the name, address,
total personal income from all sources for the previous calendar year, and the net worth (exclusive of home, home furnishings and personal
automobiles) for each equity owner of the said entity:

A-2
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The Subscriber hereby certifies that the information contained in this Questionnaire is complete and accurate and the Subscriber will notify the
Company promptly of any change in any such information. If this Questionnaire is being completed on behalf of a corporation, partnership,
trust or estate, the person executing on behalf of the Subscriber represents that it has the authority to execute and deliver this Questionnaire
on behalf of such entity.

IN WITNESS WHEREOF, the undersigned has executed this Questionnaire as of the 13th day of February, 2009.

If a Corporation, Partnership or Other Entity: If an Individual:

SENERGY PARTNERS LLC


Print or Type Name of Entity Signature

Print or Type Name


Signature of Authorized Signatory

Limited Liability Corporation


Type of Entity Social Security/Tax I.D. Number

310-463-1746
Contact Number/Telephone Jurisdiction of Incorporation

CANADIAN ACCREDITED INVESTOR QUESTIONNAIRE

All capitalized terms herein, unless otherwise defined, have the meanings ascribed thereto in the subscription.

The purpose of this Questionnaire is to assure Maverick Minerals Corporation (the "Company") that the Subscriber will meet certain
requirements of National Instrument 45-106 – Prospectus and Registration Exemptions ("NI 45-106"). The Company will rely on the
information contained in this Questionnaire for the purposes of such determination.

The Subscriber covenants, represents and warrants to the Company that:

1. The Subscriber has such knowledge and experience in financial and business matters as to be capable of evaluating the merits
and risks of the transactions detailed in the subscription and the Subscriber is able to bear the economic risk of loss arising from
such transactions;

2. The Subscriber satisfies one or more of the categories of "accredited investor" (as that term is defined in NI 45-106) indicated
below (please check the appropriate box):

A-3
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[] (a) an individual registered or formerly registered under securities legislation in a jurisdiction of Canada, as a
representative of a person or Company registered under securities legislation in a jurisdiction of Canada, as an adviser or
dealer, other than a limited market dealer registered under the Securities Act (Ontario) or the Securities Act
(Newfoundland);

[] (b) an individual registered or formerly registered under the securities legislation of a jurisdiction of Canada as a
representative of a person referred to in paragraph (a);

[X] (c) an individual who either alone or with a spouse beneficially owns, directly or indirectly, financial assets (as defined in
NI 45-106) having an aggregate realizable value that, before taxes but net of any related liabilities, exceeds CDN$1,000,000;

[] (d) an individual whose net income before taxes exceeded CDN$200,000 in each of the two more recent calendar years or
whose net income before taxes combined with that of a spouse exceeded $300,000 in each of those years and who, in
either case, reasonably expects to exceed that net income level in the current calendar year;

[] (e) an individual who, either alone or with a spouse, has net assets of at least CDN $5,000,000;

[] (f) a person, other than a person or investment fund, that had net assets of at least CDN$5,000,000 as reflected on its most
recently prepared financial statements; and

[] (g) a person in respect of which all of the owners of interests, direct, indirect or beneficial, except the voting shares
required by law are persons or companies that are accredited investors.

A-4
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The Subscriber acknowledges and agrees that the Subscriber may be required by the Company to provide such additional documentation as
may be reasonably required by the Company and its legal counsel in determining the Subscriber's eligibility to acquire the Securities under
relevant legislation.

IN WITNESS WHEREOF, the undersigned has executed this Questionnaire as of the 13 day of February, 2009.

If an Individual: If a Corporation, Partnership or Other


Entity:
/s/ Donna Rose SENERGY PARTNERS LLC
Signature Print or Type Name of Entity

Print or Type Name Signature of Authorized Signatory


Limited Liability Corporation
Type of Entity

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